
Stocks delivered bullish follow through on Tuesday.

Stocks formed a swing low on Monday. On Tuesday they closed above the 10 day MA and started to turn the 10 day MA higher to confirm the new daily cycle. Stocks have been in a daily uptrend. Forming the swing low above the lower daily cycle band indicates that stocks remain in their daily uptrend and triggers a cycle band buy signal.

Closing above the 10 day MA also indicates that the breakout continues to advance.
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