Stocks gave a sell signal on Friday and delivered bearish follow though on Monday.
Stocks needed to close above the 10 day MA and turn it higher to confirm that day 22 was the DCL. Instead, stocks broke lower on Monday. Breaking lower signals a continuation of the daily cycle decline which would make Monday — day 29. Stocks will likely need to break below the day 22 low of 4114.65 in order to complete their daily cycle decline.
Cycle Trading 
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