Stocks printed a bearish candle on Thursday.
Stocks typically print a daily cycle low every 30 – 45 days. Thursday was day 28. If stocks deliver bearish follow through and close below the 10 day MA, that will signal the daily cycle decline. However, stocks are still in a daily uptrend. They will remain in their daily uptrend unless they close below the lower daily cycle band.
Cycle Trading 
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