ATX Charting: Weaknesses Recognisable
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ATX chart technology outlook from the Equity Weekly of the Erste Group: "With a decrease of 0.6% on a weekly basis, the ATX again falls under the 4,400-point mark. The sliding averages of the last 50 and 200 days – well below the Austrian lead index – are still in the upward movement. More and more short-term technical indicators are now generating sales signals. In addition to the MACD and the negative momentum, DMI and the Parabolic System now…
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