Stocks Lose The 50 Day MA

Stocks lost the 50 day MA on Monday.

Stocks broke below the day 29 low on Monday to extend their daily cycle decline. Monday was day 32, placing stocks in their timing band for a DCL. A swing low and recovery of the 50 day MA will signal the new daily cycle. Stocks are currently in a daily uptrend. If stocks manage to form a swing low above the lower daily cycle band that would indicate that stocks will remain in their daily uptrend and trigger a cycle band buy signal.

5 responses to “Stocks Lose The 50 Day MA”

  1. Ben Avatar
    Ben

    Hi, what settings for the KC? thank you,

    1. likesmoneystudies Avatar
      likesmoneystudies

      Ben,
      I am sorry to say that I consider my cycle band settings to be proprietary.

  2. Alexandru Avatar
    Alexandru

    What do you think of this?
    — Transports are at new lows,
    — Semis are a bit of an inch to doing the same,
    — the weekly of Russell2k shows retracement to the neckline of a H&S setting it as resistance so that now it should resume its fall to lower lows, just like the Transps and Semis (final support at 200Wma? maybe!)

    A new DC should emerge soon but…will it not left translate and head lower, isnt the Bear still in and refreshed after IWM reverting to the $210 H&S neckline?

    1. likesmoneystudies Avatar
      likesmoneystudies

      I believe that stocks printed their YCL in February.
      The 1st intermediate cycle should right translated as it rallies out of the YCL.
      So once stocks can regain their footing, stocks should break out to new highs.
      The bigger picture to me the the 4 year cycle.
      The last 4 year cycle low formed in March – 2020 at 49 months.
      Stocks are now on month 24 for the 4 year cycle.
      After stocks print new highs, the risk will increase towards stocks feeling the gravitational pull from the pending 4 year cycle low.

      1. Alexandru Avatar
        Alexandru

        Thank you!
        And when stocks emerge to new high actually it will be blue chips while Russell2k, Transps and Semis should lag (be contained by 30Wma).

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