Daily FNArena News - Technicals

Michael Gable of Fairmont Equities suggest the ASX200 is in a neutral zone but downside seems the greater risk.

Craig Parker of Moat Capital notes the local VIX has broken out as US rates move higher.

The Chartist reports the risk looks to the downside for Spark Infrastructure shares.

Michael Gable of Fairmont Equities notes the chart suggest Oil Search could be set for more upside.

Craig Parker of Moat Capital suggests the ASX200 will eventually break out of its range, with the downside looking more likely.

The Chartist suggests investors should wait for lower prices before buying Woolworths.

Michael Gable of Fairmont Equities notes the technicals are suggesting upside for underperforming Ramsay Health Care.

Craig Parker of Moat Capital suggest the ASX200 is lacking clear direction between the 60- and 200-day moving averages.

Michael Gable of Fairmont Equities suggests Caltex is sitting on support.

Craig Parker of Moat Capital notes support held last week for the ASX200 but danger remains on the downside.