The Miners formed a swing low and closed above the 10 day MA on Thursday.
The Miners are currently in a daily uptrend. Forming a swing low above the lower daily cycle band and closing back above the 10 day MA that indicates a continuation of its daily uptrend and signals a cycle band buy signal — so we would label day 23 as the DCL.
An interesting note is that the Miners did this as the dollar printed another higher daily cycle high.
Nice Chart PK
who cares about the miners….
+1
That is, +1 to the “Nice Chart!”