Daily FNArena News - Technicals

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.

The Chartist reports abullish divergence is appearing on the chart of the Shanghai Composite, with a dip lower needed to suggest a rally ahead.

Michael Gable of Novus Capital suggests the ASX 200 may be entering a topping phase on the charts.

This week ATW’s Jerry Simmons examines the grinding Wall Street bull market and suggests upside for gold.

Michael Gable of Novus Capital notes the Australian market has become volatile as expected meaning bargain hunters should be wary of the fraught art of bottom picking.

The TechWizard believes a correction is on the cards for the Dow Jones Industrial Average.

The TechWizard’s charts suggest a recent stall in the yen’s fall is just a pause before yen selling resumes once more.

The Chartist sees scope for more blue sky for CBA even if a pullback eventuates.