Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 12/14/2021, 3 days ago, when the stock price was 630.3300. Since then ADBE has fallen by -11.69%.
Market Outlook
The bears have recovered and our bearish bet continues. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to STAY SHORT. It is best to follow the signal and continue to STAY SHORT. The Delayed Intraday Module is OFF.