Cycle Trading

I believe that stocks printed their intermediate cycle low on 12/26/18. Stocks need to close above the declining blue trend line to confirm that week 46 hosted the intermediate cycle low. In order to do so they will need to work through some resistance.

Stocks are running into dual resistance at the convergence of the 2600 resistance level and the declining 10 week MA. However if I am correct that 12/26 not only hosted the intermediate cycle low, but the yearly cycle low as well then this intermediate cycle should form as a right translated weekly cycle peaking on or after week 12.