Stocks formed a bullish reversal on Tuesday — which has me wondering if that was it?
Tuesday was day 59, placing stocks deep in their timing band for a DCL. Tuesday’s bullish reversal eases the parameters for forming a swing low.
Stocks did break the daily cycle trend line and the10 day MA has begun to dip lower –which are some of the criteria needed for a DCL to form. Stocks are currently in a strong daily uptrend. A swing low and close back above the 10 day MA will indicate a continuation of the daily uptrend and signal a cycle band buy signal — in which we would then label day 59 as the DCL.
Cycle Trading 
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