Stocks ran into resistance at the 6700 level on Monday and formed a bearish reversal on Tuesday. Stocks were getting a bit stretched above the 10 day MA. Stocks may need to consolidate in order to to allow the 10 day MA time to catch up to price. But a swing high with a close below the 10 day MA will signal the daily cycle decline. Stocks are currently in a daily uptrend. Stocks will remain in their daily uptrend unless they close below the lower daily cycle band.
Cycle Trading 
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