Daily FNArena News - Technicals

The Chartist reports a double bottom for the Aussie dollar suggests a breakout to the upside is nigh, but monitoring is required for now

Michael Gable of Fairmont Equities notes bearish headlines and sentiment are precisely the set up for market lows, and the S&P500 has turned bullish

The Chartist suggests WTI crude may take a breather from here but the technicals point to longer term upside

Michael Gable of Fairmont Equities suggests the current macro climate is not conducive, but Allkem is shaping up as a potential buy

Michael Gable of Fairmont Equities suggests that technically, risk for the S&P500 remains to the downside

Michael Gable of Fairmont Equities notes MetalsX is close to providing a clear buy trigger

Given the risk of a “dead cat” bounce, Michael Gable of Fairmont Equities does not advocate buying anything right now, but suggests Macquarie Group is worth watching

The Chartist remains longer term bullish on the S&P500, but for now is staying right out of it

Michael Gable of Fairmont Equities notes the ASX200 must confidently trade back through 7200 to set up for a sustained rebound. If not…

Michael Gable of Fairmont Equities suspects a buying opportunity in TPG Telecom