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After 3 red days, stocks found support at the 10 day MA on Monday.
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Stocks have been stair-stepping higher since emerging from its late May DCL. Stocks are currently in a daily uptrend. If stocks form a swing low and close above the 10 day MA that will indicate a continuation of its daily uptrend and signal a cycle band buy signal. A break above 5472.88 will form a swing low.