We may have had a short cycle but I keep thinking the DCL is still in front of us. Regardless we should see an explosive 2nd daily cycle. And I keep this in mind from Norvast: “Not only was 16 Mar the DCL (daily cycle low) for GDX it was the iCL (weekly cycle low) and also the YCL (yearly cycle low). It is now primed for an expansive period which is already reflected in the steepness of the daily inclining trend line”

And also this from Norvast on Twitter: “The weekly cycle for GDX lasts around 24-28 weeks on average and the current weekly cycle out of the YCL is likely to be right translated and may print an ICH (weekly cycle high) as late at week 20. Higher highs & higher lows!