Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes the pullback for the S&P500 has it sitting on a trendline. It could break either way

The Chartist assesses the technicals for ANZ Bank, as emblematic of why Australian banks should be avoided

Michael Gable of Fairmont Equities suggests having posted two significant comebacks in the past two sessions, price action at the bottom of this year’s range looks positive for the ASX200

The Chartist reports iron ore is in an ongoing uptrend, although resistance looms at higher levels

Michael Gable of Fairmont Equities suggests a lower entry point to Breville Group may become available

The Chartist expects the S&P500 to continue consolidating through the seasonally weak August-September period, but the trend remains to the upside

Michael Gable of Fairmont Equities notes the ASX200 is stuck in a range, but a breakout should be on the cards before too long

Michael Gable of Fairmont Equities suggests Allkem is setting to retest its high

The Chartist has several Australian gold miners on watch ahead of a longer term bullish view

Michael Gable of Fairmont Equities suggests that while Domino’s Pizza is in a long term downtrend, it may have found a base from which to rally from here