Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes that after a period of consolidation, CSL appears set to break out and resume its upward trend.

Michael Gable of Fairmont Equities suggests a break-out of the range implies the ASX200 should now move higher, but it will not necessarily be smooth.

The Chartist suggests WTI crude may be in for a bit more upside but warns only short term traders should take the risk.

Michael Gable of Fairmont Equities notes Afterpay has pulled back toward its August peak and could be building upside once more.

The Chartist remains long term bullish the S&P500 but suggests staying on the sidelines for now until near term volatility abates.

Michael Gable of Fairmont Equities has learned that after consolidating after an upward gap, IDP Education looks set to break upward again.

The Chartist suggests gold is consolidating for the time being but on a wider view the trend remains positive.

Michael Gable of Fairmont Equities noted a breakout for Kogan after a period of consolidation is very positive.

The Chartist reports Afterpay remains in a strong upward trend and some consolidation from here would be positive.

Michael Gable of Fairmont Equities suggests that after suffering in September, ResMed is offering a buying opportunity.