likesmoneystudies posted: " The Miners have dropped over 34 % since peaking in April. The Miners are in a 3 month downtrend and sentiment is bearish. However, the Miners printed a bullish reversal on Friday. Friday was day 34 for the daily Miner cycle, placing th" Cycle Trading
The Miners have dropped over 34 % since peaking in April.
The Miners are in a 3 month downtrend and sentiment is bearish. However, the Miners printed a bullish reversal on Friday.
Friday was day 34 for the daily Miner cycle, placing them in their timing band for a DCL. Friday's bullish reversal eases the parameters for forming a daily swing low. A break above 28.37 will form a swing low. Then a close above the declining 10 day MA will signal the new daily cycle.
The best time for the largest gains arrive at the yearly cycle low. In my special report, Miner Anticipation, I will break down where the Miners are in the daily, weekly and yearly cycles. I will include the confirmations that I am looking and the catalyst to set this all into motion -- which I breakdown in my Special Report: Miner Anticipation.
This week I am offering a special 6 week trial subscription, along with the Special Report: Miner Anticipation for $15. Your 6 week trial subscription you will give you full access to the premium site which includes:
1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.
2) The Mid-Week Update. Posted on Wednesday's is a review of the daily charts for the above mentioned asset classes.
3) The Weekend Updates take a look of the daily & weekly charts of GBTC, DAX, GYX, NATGAS & XLE.
4) Weekly Update of the Bullish Percentile Bingo
5) Frequent updates of my proprietary FAS Buy/Sell Indicator
The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.
>>> For the Special Report: Miner Anticipation along with the 6 week trial Subscription offer for $15 click here.
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