Stocks closed back in the consolidation zone on Thursday. While stocks did close higher on Monday, they remain in the consolidation zone
Stocks still could break higher. But at this stage of the daily cycle, any gains now will likely be given back once the daily cycle decline begins.
We are still watching for is a close below the 10 day MA. Once that happens, a break below the daily cycle trend line will send stocks to seek out their DCL.
Cycle Trading 
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