Miner Progress

On Tuesday we discussed that there is a major opportunity for the Miners. Tonight we will look at the Miner progress.

The Miners formed a swing low and closed above the 10 day MA on Wednesday. The Miners delivered bullish follow through on Thursday by closing a full candle body above the 10 day MA so we will label day 50 as the daily cycle low.

In the Weekend Report I plan to breakdown how the Miners are overdue for the intermediate and yearly cycle lows, as well. And forming a swing low could indicate not only the DCL, but the ICL and YCL as well. 

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