Cycle Trading

Stocks are working through a resistance zone.

Stocks printed their lowest point on day 36, placing them in their timing band for a DCL. Stocks formed a swing low and closed above the 10. day MA to signal the new daly cycle. However, stocks are working through 5 week resistance at 4138.

Stocks are currently in a daily uptrend. If stocks close above the 4138 resistance zone that will indicate a continuation of the daily uptrend signal a cycle band buy signal.