Monday was day 33, placing stocks in their timing band for a DCL. A close below the 10 day MA will signal the daily cycle decline. Stocks should then go on to turn the 10 day MA lower as they seek out their DCL. However, stocks are still in a daily uptrend. A bullish break out of consolidation would indicate a continuation of their daily uptrend and signal cycle band buy signal.
Cycle Trading 
Leave a comment