Stocks formed a swing high on Wednesday.
Not all swing highs lead to a daily cycle decline. However stocks are 5 days shy of entering their timing band for a daily cycle low.
A swing high formed off the day 25 peak. A break of the daily cycle trend line will signal that stocks have started a daily cycle decline. A close below the upper daily cycle band will confirm that stocks have entered a daily cycle decline.
Cycle Trading 
Leave a comment