Stocks printed their lowest point on Thursday, day 37, placing them in their timing band for a daily cycle low. A swing low formed on Friday to signal the new daily cycle.
Stocks delivered bullish follow through on Monday by closing above the 10 day MA and turning it higher to confirm the new daily cycle. Stocks also closed back above the upper daily cycle band. Closing back above the upper daily cycle band signals a continuation of the daily uptrend and triggers a cycle band buy signal.


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