Daily FNArena News - Technicals

This week ATW’s Jerry Simmons examines gold’s technical breakdown and discusses its outlook.

The Chartist suggests the sudden bounce in BHP Billiton is yet to prove technically convincing.

Michael Gable of Novus Capital suggests the big miners are set to post a rally with the offset being weakness in the big banks.

This week ATW’s Jerry Simmons suggests WTI is reaching a critical point at which a break-out either way would be significant. The S&P 500 needs to hold 1520.

The Chartist reports signs copper is nearing the end of its long corrective move and a sharp bounce may be not far off.

Michael Gable of Novus Capital can see weakness ahead in the near term for the Australian market, but is ready to step into the big miners soon.

Michael Gable of Novus Capital believes the pullback in the ASX 200 is not over yet.

The Chartist bemoans panicked media reporting on rising or falling iron ore prices, and offers up a tachnical view on price direction instead.

The Chartist suggests a consolidation should open the way for another move higher in the Dow Jones Index.

Michael Gable of Novus Capital suggests ASX 200 volatility should be embraced as a shake-out opens up buying opportunities.