Oil closed above the 10 day MA on Monday.
Oil printed its lowest point on Thursday, day 51, placing it deep in its timing band for a DCL. Oil formed a daily swing low on Friday. Oil is currently in a daily uptrend. Closing back above the 10 day MA indicates a continuation of its daily uptrend and signals a cycle band buy signal —so we will then label day 51 as the DCL.
Cycle Trading 
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