Morgan Stanley Cyclical Index

INDEX:CYC   M Stan Cyclical
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Morgan Stanley             Cyclical Index

"The Morgan Stanley             Cyclical Index (CYC) is an equal-dollar
weighted index designed to measure the performance of economically
sensitive industries within the U.S. economy and detect shifts in investor sentiment.
The CYC Index comprises 30 stocks from over 25 industries, including automobiles,
metals, papers, machinery, chemicals and transportation."

Range bound in a rectangle in an uptrend for 4 months.

Double bottom . Broke out of range.

Target 1597
Do you have any idea what happened to CYC?
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