Stocks formed a swing high on Monday. Monday was day 59, placing stocks very deep in their timing band for a DCL. Stocks appear to have begun a distribution phase. A close below the 10 day MA will signal the daily cycle decline. Stock shoul… | likesmoneystudies April 1 | Stocks formed a swing high on Monday. Monday was day 59, placing stocks very deep in their timing band for a DCL. Stocks appear to have begun a distribution phase. A close below the 10 day MA will signal the daily cycle decline. Stock should then go on to turn the 10 day MA lower in order to complete the daily cycle decline. Stocks are currently in a strong daily uptrend. They will remain in their daily uptrend unless they close below the lower daily cycle band. | | | | You can also reply to this email to leave a comment. | | | | |
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