Stocks closed back below the 5000 level on Tuesday.
Closing below the 5000 level, along with closing back below the 10 day MA, shifts the odds that day 26 was not the DCL — which would make Tuesday day 30. That places stocks in their timing band for a DCL. Stocks should break below the day 20 low of 4920.31 and turn the day 10 MA lower in order to complete their daily cycle decline. Stocks are currently in a daily uptrend. They will remain in their daily uptrend unless they close back below the lower daily cycle band.
Cycle Trading 
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