Stocks printed their lowest point on Monday, day 46, placing it very deep in its timing band for a DCL. Stocks formed a swing low on Tuesday then closed above the 10 day MA on Wednesday, turning the 10 day MA higher, to signal day 46 as the DCL.
Stocks ran into resistance at the 50 day MA on Thursday. Stocks are also a bit stretched above the 10 day MA. Stocks may need to consolidate to allow the 10 day MA time to catch up to price. Stocks are currently in a daily downtrend. But a close above the upper daily cycle band will end the daily downtrend and being a new daily uptrend.
Cycle Trading 
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