Cycle Bottom Report - $ADBE
It's time again to look at $ADBE as it declines to Yearly Cycle Low (YCL)
The initial YCL was printed at the end of 2022. Following, we've seen a flat weekly cycle 32 weeks longs. This was in fact a yearly backtest of the low. After the backtest, the price exploded higher to a cycle high. I was looking at the following criteria to signal yearly cycle decline: