It looks like ADX is playing around the down limit of the mayor uptrend. Being pretty near to the overbought zone too.. It could means that ADX will increase the bearish movement strenght... It seems very similar to PAY and CVC behavior.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.