Stocks printed a huge bearish candle on day 22, then delivered bearish follow through on Wednesday and Friday.
Friday was day 28, placing stocks in the early part of its timing band for a DCL. Stocks rallied on Monday, which eases the parameters for forming a swing low. Stocks are currently in a daily uptrend. If stocks form a swing low above the lower daily cycle band then they will remain in their daily uptrend and signal a cycle band buy signal — in which we would then label day 28 as the DCL. A break above 4540.34 will form a daily swing low.
Cycle Trading 
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