So if there is a short cycle and if falls in line with a 14-15 week intermediate cycle, here is what needs to happen:
1. We need the daily cycle to left translate. This has happened. The current daily cycle has peaked on day 16. To have a right translated daily cycle, stocks needed to top at least on day 18 which is beyond the half way point of a 35 day cycle. This cycle looks to have topped already, signaling that an IC decline is underway
2. The declining phase of an intermediate cycle usually, not always has at least one failed daily cycle.
3. Given we are on day 30 of the daily cycle, these events would need to occur over the next 8-12 trading days which would be around July 8-13. That will be a scary drop but would be my preferred way for this to play out. It would end this miserable sideways market quickly and would give us an ICL to buy.