Stocks tagged the 200 day MA on Tuesday.
The 200 day MA is a significant indicator that typically acts as support/resistance.
Tuesday was day 40, placing stocks deep in their timing band for a daily cycle decline. It is not likely that stocks will be able to sustain a breakout above the 200 day MA this late in the daily cycle. And even stocks do break above the 200 day MA, breakouts that come late in the daily cycle are almost always given back once the daily cycle decline begins. And once the daily cycle decline begins, stocks will need to turn the 10 day MA lower before the DCL can form.
Cycle Trading 
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