Stocks once again break out to new all-time highs on Tuesday. However, there are bearish divergences developing on the oscillators
But its a different story with the transports and the banks
The transports are well off their all-time highs …
… and this daily cycle may have already topped
The banks are also well off their all-time highs.
And they lost the 10 day MA on Monday and delivered bearish follow through by losing the 50 day MA on Tuesday.
Cycle Trading 
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