Cycle Trading

This is week 25 for the intermediate cycle, placing stocks in their timing band for an ICL.  We will need to see a weekly swing high with a close below the 10 week MA to signal the intermediate cycle decline. A break below 6569.22 will form a weekly swing high.   Stocks are currently in a weekly uptrend.  Stocks will remain in their weekly uptrend unless they close below the lower weekly cycle band.