Stocks formed a swing high on Monday, perhaps feeling the gravitational pull of the impending daily cycle decline.
Monday was day 27 for the daily equity cycle. Which places stocks 3 days shy of their timing band for a daily cycle low. The swing high this late in the daily cycle signals that stocks are beginning their daily cycle decline. Stocks will need to break below the daily cycle trend line in order to confirm the daily cycle decline.
Cycle Trading 
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