Cycle Trading

After peaking on day 30, stocks formed a swing high then closed below the 10 week MA on Friday to signal their daily cycle decline.

Monday was day 35. That places stocks in their timing band for a DCL. Stocks should turn the 10 day MA lower in order to complete its DCL. However, stocks are currently in a daily uptrend. If stocks form a swing low above the upper daily cycle band and close back above the 10 day MA — that will indicate a continuation of the daily uptrend and signal a cycle band buy signal. We would then label day 35 as the DCL.