I see a decent chance that miners are also printing a cycle low here.
We have a swing low.
RSI is leaving overbought, TSI is crossing up, MACD is turning up.
Miners are only in the first daily cycle of this intermediate cycle.
This second daily cycle will tell where we are in this intermediate cycle. Will there be a higher high, or just a dead cat bounce?
If the cycle low is in we will have a few days of bounce...
We have a swing low.
RSI is leaving overbought, TSI is crossing up, MACD is turning up.
Miners are only in the first daily cycle of this intermediate cycle.
This second daily cycle will tell where we are in this intermediate cycle. Will there be a higher high, or just a dead cat bounce?
If the cycle low is in we will have a few days of bounce...