Cycle Trading

Stocks formed a swing high and closed below the 10 day MA on Monday to signal the daily cycle decline.

Stocks closed lower on Tuesday, stopping at the daily cycle trend line. Stocks will need to break below the daily cycle trend line and turn the 10 day MA lower in order to complete its daily cycle decline. Stocks are currently in a daily uptrend. If they form a swing low above the lower daily cycle band that will indicate a continuation of their daily uptrend and signal a cycle band buy signal.