Stocks closed above the 50 day MA on Monday. We discussed on Saturday that close above the 50 day MA will shift the odds that stocks are in a new intermediate cycle.
Stocks also closed above the upper daily cycle band. Closing above the upper daily cycle band ends the daily downtrend and begins a daily uptrend. Closing above the upper daily cycle band also signals that the ICL has been set. — which I plan to discuss in the Weekend Report.
Cycle Trading 
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