ARTC Technical OverviewPosted on Tuesday, April 25 2017 at 4:30 am GMT+0000
Long term positions continue to remain neutral, where stronger signs of a bottom are needed before any Bullish scenarios can materialize. While the medium term retreated before reaching the 1.000 key level, signaling weakness and thereby reinstating Bearish pressure to a return inside the short term consolidation. A further break below 0.800 could confirm the end of the short term consolidation, and signal the continuation of the larger downtrend. At current time, only an immediate break above 1.000 could act as trigger for both medium and short term traders.