Heavy concentration of large cap technical sell signals continues, with 15 of the top 20 ASX stocks now rated as technical sells

Angela Mangan

QMG Pty Ltd

Heavy concentration of large cap technical sell signals continues, with 15 of the top 20 ASX stocks now rated as technical sells. Two other major technical developments that have occurred over the last week that add weight to the negative technical view on the Australian market are: the Australian 10 year bond yield experienced an upside break out; major base metals price have triggered sell signals. Full details of these technical signals / and targets were progressively detailed in our Technically Speaking morning report.


Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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