Cycle Trading

Stocks had been crawling above the 200 day MA for the past week until Tuesday, when stocks broke higher.

Crawl patterns are often continuation patterns. Tuesday as day 12 for the daily equity cycle. A new high on day 12 begins to shift the odds towards a right translated daily cycle formation. That aligns with stocks being in a daily uptrend. Stocks will remain in their daily uptrend unless they close below the lower daily cycle band.