Stocks printed a lower low on Tuesday.
Tuesday was day 64 for the daily cycle, placing stocks very deep in their timing band for a DCL. There are bullish divergences developing the oscillators that often proceed the cycle low. A swing low and recovery of the 8886.75 breakdown level will indicate the DCL. A close back above the 10 day MA will provide more assurance that day 64 was the DCL However stocks will not be out of the woods until they can close above the declining trend line.
Cycle Trading 
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