Daily FNArena News - Technicals

The TechWizard predicts Telstra will not be left behind in this year’s Christmas rally.

The Chartist suggests the Aussie may be building for another solid move to the upside.

Michael Gable of Novus Capital notes Rio Tinto’s share price has broken through resistance suggesting a reversal has been seen.

This week ATW’s Jerry Simmons raises concern over more downside for Apple and its impact on the wider US market.

Market analysts at FXCM show how traders can use the ADX Indicator to qualify and quantify trend strength.

The TechWizard predicts CBA shares are on their way to a new all-time high.

Michael Gable of Novus Capital suggests a consolidation in the ASX 200 at these levels may signal bullishness ahead.

This week ATW’s Jerry Simmons suggests range expansion and a pullback for US stocks is on the cards, without upsetting the bull market trend.

Traders often overlook the imbedded divergence signals that are hidden inside of MACD.

The TechWizard sees positive signs for a Christmas rally in the Dow futures weekly chart.