Stocks broke out (again) to a new all-time high on Tuesday. However, stocks were rejected by the 6300 level and formed a bearish reversal. Tuesday was day 34, placing stocks in their timing band for a DCL. Stocks closed below the 10 day MA on Tuesday. A swing high will signal the daily cycle decline. A break below 6241.68 will form a swing high. Stocks should go on to turn the 10 day MA lower as they seek out their DCL.
Cycle Trading 
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