Miner cycle thoughts:
Miner Risk for Major Opportunity
The Miners were rejected by the 10 day MA on Friday. They went on to undercut the day 43 low on Monday to extend its daily cycle decline.
Monday was day 50 for the daily Miner cycle, making it severely overdue for a daily cycle low. After undercutting the low, the Miners could have easily went on to a 5 to 7 day bloodbath phase. But instead, they printed a bullish inside candle. That eases the parameters for forming a daily swing low. A break above 25.42 will form a swing low, Then a close above the declining 10 day MA will have us label day 50 as the DCL.
https://likesmoneycycletrading.wordp...r-opportunity/
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