Stocks formed a swing low on Tuesday.
Stock printed their lowest point on Monday, day 41, placing them deep in its timing band for a DCL. Stocks found support at the rising 50 day MA and formed a swing low on Tuesday. Stocks also managed to close back above the 10 day MA on Tuesday so we will label day 41 as the DCL. Stocks should turn the 10 day MA higher has it rallies out of its DCL. Stocks are currently in a daily downtrend. Stocks will remain in it daily downtrend unless the close back above the upper daily cycle band.
Cycle Trading 
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