Daily FNArena News - Technicals

Michael Gable of Fairmont Equities weighs up the technicals for QBE Insurance.

Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in Commonwealth Bank.

The Chartist suggests REA Group’s retracement appears complete and the stock could be set for substantial upside.

Michael Gable of Fairmont Equities examines the technicals for BHP in light of the iron ore price-related sell-off.

Nick Linton-Ffrost of Fifth Wave suggests the charts are still indicating a move to 5600 for the ASX 200 in the absence of a significant pullback.

The Chartist suggests the Dow Jones Industrial Average is poised to post a new high and if so, upside will pevail.

Michael Gable of Fairmont Equities takes a look at Brambles as a beneficiary of its own and the Aussie dollar’s technicals.

Nick Linton-Ffrost of Fifth Wave suggests the strong bounce back from support for the ASX 200 last week suggests upside from here.

The Chartist reports Westpac on worst case could fall to $30 but if it can close higher again today, upside risk is more dominant.

Michael Gable of Fairmont Equities syggests if Downer EDI holds at current levels another move upside is suggested by the charts.