Daily FNArena News - Technicals
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Upside Still Favoured For ASX 200
Jun 02 2014
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.
Blue Sky Beckons For Dow
May 28 2014
The Chartist suggests the Dow Jones Industrial Average is poised to post a new high and if so, upside will pevail.
Brambles’ Uptrend Underscored
May 27 2014
Michael Gable of Fairmont Equities takes a look at Brambles as a beneficiary of its own and the Aussie dollar’s technicals.
Upside Favoured For ASX 200
May 26 2014
Nick Linton-Ffrost of Fifth Wave suggests the strong bounce back from support for the ASX 200 last week suggests upside from here.
Westpac Requires Caution
May 22 2014
The Chartist reports Westpac on worst case could fall to $30 but if it can close higher again today, upside risk is more dominant.
Upside Potential For Downer
May 20 2014
Michael Gable of Fairmont Equities syggests if Downer EDI holds at current levels another move upside is suggested by the charts.
Downside Risk For ASX 200
May 19 2014
Nick Linton-Ffrost of Fifth Wave suggests the risk for the Australian market remains to the downside in the coming week.
More Blue Sky Ahead For Dow
May 14 2014
The Chartist reports a technical buy has been triggered in the Dow Jones Industrial Average.
Fortescue Hits Support
May 13 2014
Michael Gable of Fairmont Equities notes a critical technical level for Fortescue which may suggest a bounce is due.
Weakness Ahead For ASX 200
May 12 2014
Nick Linton-Ffrost of Fifth Wave sees a failed break-out for the Australian index and thus downside risk.
