Stocks printed a swing high today which calls into question if day 29 hosted a stealth daily cycle low.
Stocks have been closing above the upper daily cycle band since early March which indicates that they are in a daily uptrend. The previous 3 times that stocks printed a swing high did not result in any extended correction. But since day 29 was close to the timing band for a daily cycle low we needed to be open to a stealth low forming.
So the swing low that formed today reverses and resumes higher, that would provide more evidence that day 29 hosted a stealth daily cycle low. However, if stocks continue lower and close below the upper daily cycle band, that would indicate that stocks are now declining into their daily cycle low which would make today day 36.