Daily FNArena News - Technicals

The Chartist reports the technicals are still suggesting a pullback for the S&P500 after its solid run, unless the rare V-bounce has other ideas.

Michael Gable of Fairmont Equities expects some short term weakness in Seven Group Holdings which would provide an attractive entry point.

Craig Parker of Moat Capital still expects consolidation for the ASX200 but a trade deal is the swing factor.

The Chartist suggests the signs are still bullish for the S&P500 but a breather is likely in the near term.

Michael Gable of Fairmont Equities suggests any dip in the share price of Cleanaway Waste Management is a buying opportunity.

Craig Parker of Moat Capital sees upside more likely for the ASX200 in the short term but not the longer term.

Michael Gable of Fairmont Equities notes a strong earnings result has led James Hardie to a technical break-up that should be sustained.

Craig Parker of Moat Capital notes the ASX200 is now above its moving average, but the S&P500 is consolidating.

Michael Gable of Fairmont Equities suggest that after its big sell-off, ResMed is most likely to stall for a period before recovering.

Craig Parker of Moat Capital suggests there are positive signs for the ASX200 but the bank Royal Commission report is a potential game-changer.