Bonds broke above the declining trend line on Monday.
Bonds print their lowest point on day 19, placing them in the early part of their timing band for a DCL. Bonds formed a swing low on Thursday then closed above both the 200 day MA and the 10 day MA on Friday. Bonds delivered bullish follow through on Monday by closing above the decline trend line so we will label day 19 as the DCL. Bonds are currently in a daily uptrend. They will remain in their daily uptrend unless they close back below the lower daily cycle band.
Cycle Trading 
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