Stocks got a bit stretch above the 10 day MA on Tuesday and formed a bearish candle. Stocks may need to consolidate in order to allow the 10 day MA time to catch up to price. However, the weekly cycle has stocks on week 16. A swing high and a close below the 10 day MA would set stocks up for a left translated daily cycle formation. I plan to further discuss the status of the intermediate (weekly) cycle in the Weekend Report.
Cycle Trading 
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