Daily FNArena News - Technicals

The Chartist reports that while Commonwealth Bank remains in an uptrend, upside from here may be limited

Michael Gable of Fairmont Equities is confident Wesfarmers has seen a bottom for now

The Chartist reports the US benchmark wheat price may still return to strength after the recent pullback

Michael Gable of Fairmont Equities suggests the ever-volatile S&P500 may yet face a capitulation move, but that would ultimately be positive

The Chartist reports the trajectory for the USD gold price remains upward in the short and long terms, but a breather is likely following the sharp breakout

Michael Gable of Fairmont Equities suggests nickel miner and lithium developer IGO is set for a run

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