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CONTACT: Jennifer Knapp +1 212 401 8916 Jennifer.Knapp@nasdaqomx.com
Technical momentum continues to weaken despite stable markets last week.
Microsoft set a multiyear high in August, but its weekly chart may face a downgrade.
Shares of Intel have recently set a multiyear high influenced by a positive but overbought weekly chart.
The technical charts for Diamonds, Spiders and Russell 2000 are negative, the Nasdaq and Transports are positive but overbought.