Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes that technically, the ASX200 has now put in a clear reversal

Michael Gable of Fairmont Equities notes the -10% correction in the S&P500 had it hitting a major trendline, leading to last night’s bounce. Buy where from here?

The S&P500 rallied last night, but The Chartist warns the index must remain above 4100 to avoid significant downside

Michael Gable of Fairmont Equities notes bullish divergence for the ASX200 suggests a low might not be far off

Michael Gable of Fairmont Equities sees opportunity in Karoon Energy shares

Michael Gable of Fairmont Equities suggests the bounce off the March low for the ASX200 has triggered a buy signal

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