Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes Santos has made a technical break to the upside, suggesting more to come

Michael Gable of Fairmont Equities notes Westpac’s seven-year downtrend is at risk of breaking, but it could be slow going

The Chartist reports that while the technical pattern for copper is currently flat, longer term the signs remain to the upside

Michael Gable of Fairmont Equities notes Santos has been unable to breach resistance but the signs are more positive as the range tightens up

Michael Gable of Fairmont Equities suggests Brambles is worth holding from a technical perspective, while brokers have the same view on fundamentals.

The Chartist reports the S&P500 is now in the zone from which a bounce might be expected, but caution required

Michael Gable of Fairmont Equities notes that discretionary retailer JB Hi-Fi is at risk of breaking prior support

The Chartist reports the near term trend for the copper price remains down, but there are reasons to remain longer term bullish

Michael Gable of Fairmont Equities notes that amidst the market sell-off, BHP Group has held its prior low, which is a positive sign

The Chartist has moved to neutral on the iron ore price, but suggests buying any dips in iron ore miners.