Sticks formed a daily swing high on Tuesday.
Tuesday was day 41 for the daily equity cycle, placing stocks right in the heart of its timing band for a daily cycle low. A close below the 10 day MA should send stocks to seek out its DCL.
However if stocks form a swing low off of Tuesday’s candle, there is the potential for stocks to begin a melt-up phase. In that scenario, the trailing 10 day MA could be used as the stop. Stocks are currently in a daily uptrend. They will remain in their daily uptrend unless they close below the lower daily cycle band.
Cycle Trading 
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