Cycle Bottom Report - $SBSW
With the Intermediate Cycle Low (ICL) behind us, we are currently in a timing band for a Yearly Cycle Low (YCL) on Month 27.
In March, we identified a potential cyclical bottom in $SBSW. To confirm the weekly cycle low, we monitored the following:
- A weekly swing low ✅
- A closing above the 10-week moving average (MA) ✅
- A break above the declining trendline ✅
The final criterion to confirm the cycle low is that the subsequent cycle must not fail; if it does, the cycle decline continues.