Stocks closed below the converging 50 day MA and 10 day MA on Tuesday.
We discussed on Monday that even if this daily cycle left translates, stocks should still go ahead and break above the the declining trend line and also turn the 10 day MA higher as they rally out of the DCL. Closing below the converging 50 day MA and 10 day MA is a warning that it may not happen.
Stocks are on week 21 for the intermediate cycle. That places them in their timing band for an intermediate cycle decline. Stocks are in the process of losing both the 10 week MA and the 50 week MA. Any more bearish follow will signal the intermediate cycle decline.
Stoc
Cycle Trading 
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