The daily Miner cycle peaked on day 14. They delivered a clear and convincing trend line break on Friday to confirm the daily cycle decline.
The Miners also lost the 10 day MA on Friday. The Miners failed to regain the 10 day MA Monday & Tuesday. Wednesday was a volatile day that saw a test of the declining 50 day MA along with printing a lower low. Wednesday was day 19 for the daily Miner cycle. The Miners have entered their timing band for a daily cycle low. A close above the declining 50 day MA will signal a new daily cycle.