Stocks closed above the Trump tariff-pause candle on Friday. Stocks continued higher on Monday and Tuesday. The new high on day 15 begins to shift the odds towards a right translated daily cycle formation. Stocks are approaching resistance from the declining 50 day moving average as well as a 200 day moving average. No trending move we be able to gain traction until stocks can close above the 200 day MA. Stocks are currently in a daily downtrend. Stocks will remain in its daily downtrend unless they close above the upper daily cycle band.
Cycle Trading 
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