Nick Linton-Ffrost of Fifth Wave suggests a short-term trading sell on BHP Billiton.
Michael Gable of Fairmont Equities notes a technical break-out for Atlas Iron which should suggest further upside.
The Chartist reports Fortescue Metals’ chart is suggesting a sustainable up-trend that hasn’t been seen in years.
Michael Gable of Fairmont Equities notes heavy volume on Carsales weakness suggests lower prices and a more attractive entry point.
The Chartist is looking to go long the US S&P 500 on any pullack, but will be ready to chase on a break-out.
Michael Gable of Fairmont Equities suggests the post-result honeymoon for Qantas is over and a move to retest the lows is on the cards.
The Chartist reports a key reversal for ANZ at all-time highs which could suggest a pullback is on the cards, although clarification is needed.
Michael Gable of Fairmont Equities suggests any further pullback in Macquarie Group will present a buying opportunity ahead of another rally.
The Chartist reports the long trade in the Aussie is still preferred but upside may soon become limited.
ANZ chartists suggest the US stock market uptrend in place since the 1930’s remains unbroken, while the outlook for Australia is not quite so clear.