Daily FNArena News - Technicals

The Chartist remains long the S&P500 but the chart is suggesting potential to move either way.

Michael Gable of Fairmont Equities suggests an index pullback would not upset the uptrend, while Commonwealth Bank is providing a buying opportunity.

Michael Gable of Fairmont Equities suggests higher highs are coming for the Fortescue Metals’ share price.

Michael Gable of Fairmont Equities suggests Altium shares are ready to set a new all-time high.

The Chartist continues to believe in overall buyer interest in gold, but there remains a risk of a break-down.

Michael Gable of Fairmont Equities believes BHP Group is set to push through its prior high early next year.

Michael Gable of Fairmont Equities suggests a buying opportunity has arisen in Beach Energy.

Michael Gable of Fairmont Equities suggests that despite today’s sell-off, the ASX200 has the capacity to reach 7200.

The Chartist suggests it is not yet time to take profits in CSL but new buyers should await a better opportunity.

Michael Gable of Fairmont Equities notes BHP Group is making higher lows and higher highs.