Miner Trend Line Break

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The Miners may already be sniffing out the potential daily cycle low for the dollar.


The Miners broke below the daily cycle trend line in a clear and convincing manner today to confirm the daily cycle decline. Monday was day 17 for the daily Miner cycle. The Miners will enter their timing band to print a daily cycle low on Tuesday. Keep in mind that 5 out of the previous 6 daily cycles ran 26 days or longer. So we could easily see the daily cycle decline for another 10 to 15 days.


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