Diagrammatically, 1,450 is the ‘key’ level for an upward trend, while a weekly close below 1,400 could prompt many ‘sensitive’ portfolios to reconsider their positions. September’s seasonality is generally problematic for capital markets, with last week being the worst of the year for the S&P 500. However, the Athens market has managed to avoid similar declines, though this does not mean Athens is immune or receives preferential treatment,” notes Petros Steriotis, a certified technical analyst and portfolio manager, in his weekly commentary on the Athens Stock Exchange.
Protothema (12/9/2024)
Πέτρος Στεριώτης (Χρηματιστής) Petros Steriotis 