MARKET WRAPS

Evening Wrap: ASX 200 flat as gold and copper stocks soar on crude oil, bond yield pullback

The S&P/ASX 200 closed 1.2 points lower, down 0.01%.

Lead Writer and Presenter
Fri 18 Sept 2026, 17:28 AEST
13 min read

Mentioned

In this article

The ASX 200 finished flat as Brent crude's third consecutive daily fall pulled benchmark bond yields lower and handed gold stocks their best winning session in four weeks. It seems that for every winner on the OTP, there must be a loser, and today it was energy stocks that bore the full brunt of crude's retreat.

Be sure to click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all the key economic data in tonight's Evening Wrap. Also, I have detailed technical analysis on the Nasdaq Composite and the S&P/ASX 200 in today's ChartWatch.

Let’s dive in!


Today in Review

Name
Value
% Chg
Major Indices
ASX 2008,731.2
-0.01%
All Ords8,922.9
+0.14%
Small Ords3,412.5
+1.46%
All Tech2,780.0
+0.38%
Emerging Companies3,112.2
+2.86%
Currency
AUD/USD0.7128
+0.25%
US Futures
S&P 5007,734.0
+0.35%
Dow Jones52,375.0
+0.30%
Nasdaq29,906.5
+0.55%
Name
Value
% Chg
Sector
Materials24,219.0
+1.60%
Information Technology1,640.1
+0.72%
Utilities10,270.1
+0.25%
Industrials7,955.6
-0.16%
Health Care31,904.1
-0.36%
Consumer Discretionary3,472.1
-0.54%
Financials9,128.3
-0.59%
Communication Services1,551.1
-0.77%
Consumer Staples12,831.8
-1.04%
Energy10,991.8
-1.10%
Real Estate3,191.1
-1.34%

ASX 200 Intraday Chart

ASX 200 Intraday Chart

Markets

The S&P/ASX 200 (XJO) finished 1.2 points lower at 8,731.2, 0.46% from its session high and just 0.16% from its low. Despite the narrow loss on the benchmark, in the broader-based S&P/ASX 300 (XKO) advancers snuck past decliners by 151 to 136.

Yesterday: Gold stocks smashed and Materials stocks broadly substantially weaker, versus Financials substantially stronger.

Today: Opposite.

But I could also add that Wednesday was the opposite of Thursday.

And Tuesday was the opposite of Wednesday... and I could keep going...

But hey, consider there have also been a few days recently where everything got belted too! 🤦

S&P-ASX 200 Materials (XMJ) intraday chart_18 Sep.png
S&P/ASX 200 Materials Sector Index intraday chart

The Gold Sub-Index (XGD) (+3.9%) staged its sharpest recovery since 20 August as the crude oil pullback delivered a two-pronged benefit to gold producers: lower energy prices eased benchmark bond yields — reducing the opportunity cost of holding non-yielding bullion — and declining diesel costs directly improved mining operating margins.

COMEX gold futures recovered 2.5% from their overnight session lows before adding a further 0.8% to US$4,436/oz in Asian trade, sending Pantoro Gold (PNR) (+6.1%), Genesis Minerals (GMD) (+5.3%), Capricorn Metals (CMM) (+4.9%), St Barbara (SBM) (+4.5%), and Evolution Mining (EVN) (+4.4%) higher. (I.e., recovering a meaningful portion of Thursday's post-Fed wipeout!).

Materials (XMJ) (+1.6%) was driven by copper as the same lower-yield and lower-diesel tailwind applied across the base metals stocks. COMEX copper futures surged 2.3% overnight before easing a modest 0.3% in Asian trade, but the equity response was emphatic nonetheless. SGX iron ore futures added 0.7% to US$97/t, providing modest additional support.

Cobre (CBE) (+7.1%), 29Metals (29M) (+5.8%), Aurelia Metals (AMI) (+5.4%), Aeris Resources (AIS) (+5.4%), and Sandfire Resources (SFR) (+3.4%) and Capstone Copper (CSC) (+2.5%) all surged among the copper specialists. In the diversifieds, South32 (S32) (+1.9%), BHP (BHP) (+1.4%), and Rio Tinto (RIO) (+0.8%) — all with meaningful copper exposure — also advanced.

S&P-ASX 200 Financials (XFJ) intraday chart_18 Sep.png
S&P/ASX 200 Financials Sector Index intraday chart

Financials (XFJ) (-0.6%) probably should have done better on a day when bond yields eased — lower rates reduce credit quality pressure and lift the relative income appeal of bank dividends. But when capital is rushing into gold and copper stocks, the banks struggle to attract flows regardless of the macro backdrop. National Australia Bank (NAB) (-1.9%) — which had surged on Thursday's Citi upgrade — gave back some of those gains, with Commonwealth Bank (CBA) (-1.0%) also lower. Judo Capital (JDO) (-3.5%) was the sharpest faller within the sector.

Real Estate (XPJ) (-1.3%) was arguably Friday's most puzzling performer, though, as bond yields eased — the direct input that should lift bond-proxy property trust valuations. Yet the sector fell, and fell with conviction. A day where the sector has every reason to rally but doesn't is precisely the kind of signal that demands attention: it suggests the structural damage to real estate from weeks of elevated yields has created a sellers' queue that a single day's yield relief cannot clear. Lendlease (LLC) (-4.2%), Stockland (SGP) (-2.9%), Lifestyle Communities (LIC) (-2.3%), and Mirvac (MGR) (-2.0%) were all sharply lower.

S&P-ASX 200 Energy (XEJ) intraday chart_18 Sep.png
S&P/ASX 200 Energy Sector Index intraday chart

Energy (XEJ) (-1.1%) was the mirror image of gold and copper — what oil's surge gave the sector through the week, its retreat took back. ICE Brent crude futures fell 2.2% to US$102.56/bbl in Asian trade, extending a third consecutive session of losses.

Coal stocks bore the sharpest selling — Stanmore Resources (SMR) (-3.6%), Yancoal Australia (YAL) (-3.3%), and Whitehaven Coal (WHC) (-2.8%) were all lower despite coal price moves that were modest in comparison. Oil and gas producers also retreated — Woodside Energy (WDS) (-1.7%), Karoon Energy (KAR) (-1.6%), and Santos (STO) (-0.7%) all gave ground.

Finally, Health Care (XHJ) (-0.4%) losses were concentrated among the bigger blue chips, with several smaller names seeing solid gains. Sonic Healthcare (SHL) (-1.9%), Cochlear (COH) (-1.8%), and CSL (CSL) (-1.1%) all retreated, the latter two possibly succumbing to Friday profit-taking in a sector up sharply across several weeks. At the smaller end, 4DMedical (4DX) (+13.4%), Artrya (AYA) (+8.2%), Cogstate (CGS) (+4.3%), Starpharma (SPL) (+3.9%), and Avita Medical (AVH) (+3.0%) each found plenty of buyers.


Today's best ASX Top 300 gainers

Company
Last Price
Change $
Change %
1mo %
1yr %
SKS Technologies Group (SKS)$9.19+$1.20+15.0%-1.2%+167.9%
The Star Entertainment Group (SGR)$0.155+$0.02+14.8%+14.8%+34.8%
Tasmea (TEA)$10.54+$1.27+13.7%+16.0%+124.7%
Brazilian Rare Earths (BRE)$4.08+$0.49+13.6%-13.7%+11.2%
4DMedical (4DX)$4.31+$0.51+13.4%+16.2%+141.5%
MAAS Group Holdings (MGH)$6.38+$0.72+12.7%+11.2%+45.3%
GenusPlus Group (GNP)$9.46+$1.05+12.5%-2.2%+57.4%
PDI Gold (PDI)$4.91+$0.54+12.4%+15.5%+158.4%
Develop Global (DVP)$5.29+$0.56+11.8%+7.1%+38.8%
Arafura Rare Earths (ARU)$0.19+$0.02+11.8%-11.6%+5.6%
PYC Therapeutics (PYC)$2.67+$0.27+11.3%+25.4%+205.5%
IperionX (IPX)$3.00+$0.28+10.3%-15.3%-53.4%
Aura Consolidated Group, Inc. (AXQ)$4.13+$0.38+10.1%+19.7%-39.7%
Macmahon Holdings (MAH)$1.075+$0.085+8.6%+8.6%+152.9%
Navigator Global Investments (NGI)$2.32+$0.17+7.9%-9.7%+14.1%
Southern Cross Electrical Engineering (SXE)$4.52+$0.32+7.6%-2.6%+119.4%
Megaport (MP1)$18.54+$1.31+7.6%-13.5%+31.2%
Benz Mining Corp (BNZ)$4.70+$0.33+7.6%+24.7%+183.1%
Southern Cross Gold Consolidated (SX2)$12.88+$0.90+7.5%+3.6%+84.5%
Ora Banda Mining (OBM)$1.53+$0.105+7.4%+11.3%+56.1%

Today's worst ASX Top 300 losers

Company
Last Price
Change $
Change %
1mo %
1yr %
Ricegrowers (SGLLV)$11.94-$0.67-5.3%-15.1%-18.4%
LendLease Group (LLC)$2.52-$0.11-4.2%-12.2%-53.0%
Xero (XRO)$62.78-$2.67-4.1%-23.5%-60.8%
Nine Entertainment Co. Holdings (NEC)$0.765-$0.03-3.8%-20.7%-35.4%
Stanmore Resources (SMR)$2.68-$0.10-3.6%+3.5%+39.6%
Meridian Energy (MEZ)$4.30-$0.16-3.6%-7.1%-14.7%
Aspen Group (APZ)$4.63-$0.17-3.5%-8.1%+8.4%
Judo Capital Holdings (JDO)$0.96-$0.035-3.5%+4.9%-45.5%
Kelsian Group (KLS)$3.91-$0.14-3.5%-16.6%-21.6%
Yancoal Australia (YAL)$5.82-$0.20-3.3%-1.2%+5.6%
Genesis Energy (GNE)$2.06-$0.07-3.3%-6.8%+0.2%
BlueScope Steel (BSL)$30.07-$0.96-3.1%-8.7%+35.1%
CAR Group (CAR)$23.24-$0.73-3.0%-21.5%-39.5%
Spark New Zealand (SPK)$1.60-$0.05-3.0%0.0%-23.4%
Domino's Pizza Enterprises (DMP)$18.87-$0.58-3.0%-1.9%+30.0%
SEEK (SEK)$11.66-$0.35-2.9%-22.7%-59.6%
Stockland (SGP)$4.08-$0.12-2.9%-2.4%-34.5%
IRESS (IRE)$5.51-$0.16-2.8%-21.2%-42.2%
Whitehaven Coal (WHC)$7.93-$0.23-2.8%+2.2%+18.9%
Forrestania Resources (FRS)$0.35-$0.01-2.8%-4.1%+40.0%

Chartwatch

Nasdaq Composite Index

Nasdaq Composite Index chart

Analysis

We should never forget that the candles are our “final flourish” in our painting of the demand-supply environment. Trends – short and long – price action, volume, volatility… they all require consideration either before, or in conjunction with the last candle.

And even then, that last candle must be considered in conjunction with at least the last couple-dozen that came before it.

So, I don’t want to get too bogged down in Thursday’s candle on the Comp. But let me say three things:

  1. Gap up open = FOMO + Downward pointing shadow = BTD… Close was near the high. I put to you it is a clear showing of excess demand. And look at the volume. I put to you it is a clear and substantial showing of excess demand. Indeed, a clear, substantial, and motivated showing of excess demand.

  2. It's largely at odds with the two candles before it. Hardly the MOTN outcome we would have expected.

  3. Now, hands up if you’re surprised? 🤔 Nope, I didn’t think so!

“3” is the most important item, because I doubt any of us had written the Comp off by Wednesday’s candle close – particularly considering its downward pointing shadow and its hold of the 25910 point of demand.

And then there’s the fact that it's simply in the nature of the Comp to rise. It’s that simple. Never count the Comp out.

Which brings me back to the opening sentence of this analysis (sorry for rambling, long-suffering readers! 😉)... never forget the rest of the technical picture:

Analysis =

  • ST Trend: ➡️ (amber) + price > ST trend ribbon + ST trend ribbon NOT acting as a zone of dynamic demand = ⚖️

  • LT Trend: ⬆️ (dark green) + price > LT trend ribbon + LT trend ribbon acting as a zone of dynamic demand = ✅

  • Price Action: ⬆️Peaks + ⬇️Troughs (but more broadly: 🪓🪓🪓) = ⚖️

  • Volatility: Actually very low… and when paired with the 🪓🪓🪓, one can assume that there's very little consensus among market participants = ⚖️

  • Volume: Last two candles' volumes are impressive. The demand side has stepped back in here, and at a point where the supply side might have began to think they were justified… that usually means there’s a few fund managers holding a little more cash than perhaps they’d like (including me!!!). So I'm going with = ✅ on this item.

  • Major Points of Demand / Supply: 25910 & LT Trend Ribbon = ✅ vs 26701-27191 = seemingly impenetrable barrier! = ⚠️

Accept =

So, our analysis yields: ⚖️✅⚖️⚖️✅✅⚠️

Therefore out MOTN has got to be somewhere between sideways and up, and there’s little to suggest that the 🪓🪓🪓 (chop-chop-chop!) won’t continue. Hands up if you think we’re going to just sail straight through 26701-27191?

Yeah, I bet I got a few hands up this time! IT COULD. IT COULD DO IT IN A FEW CANDLES.

That's just how the Comp rolls...

But I’m not in that camp yet – I’m still in the 🪓🪓🪓 is the MOTN scenario… But we both know we can’t rule out the Comp totally obliterating the bears. Olives have pits. And the Comp is a beast! 🫒

View

Act = 1/2RP. (RP = Risk Position – it reflects my personal allowable capital allocation limit for my investments in US stocks. So 1/2RP is 50%, 2/3RP is 67% and FRP is 100%).

Key Levels

26701-863 is the closest key point of supply vs 25803-910 as the closest key zone of demand, and then the long term trend ribbon (presently 24340-25215).


S&P/ASX 200 (XJO)

S&P/ASX 200 (XJO) chart

Analysis

A JUICY little closing price auction there... but alas, insufficient to return the OTP to the green today. It did, however, improve the candle.

A smidge.

Lipstick on a pig, though. 👄🐷

The fact of the matter is: we started this week at pink-amber on the short-long term trend ribbons and we finished that way.

The most concerning thing about the chart above (apart from the woeful trends, price action and candles) is that it looks as though the short and long term trend ribbons are acting as zones of dynamic supply.

We do NOT want to get stuck below them for too long, because in my experience, it demonstrates a total lack of: FOMO, HOFU and BTD.

Three critical bull market traits. It's a slippery slope from there...

Hey, I hope not. I'd rather see the OTP reverse tout de suite with a burst of massive demand side candles... huge white things on surging volume... blasting straight through 9297 and hitting 10k by Christmas.

Hey, we can dream... 😔

View

You know how I always feel nervous when I'm less than FRP on the Comp? For some reason, I don't feel that here! 😉

I am 1/3RP on Australian shares (i.e., 67% cash vs 33% invested, with some of the invested portion allocated to shorts).

Key levels

8708-8656 is the critical zone of demand, while the long term trend ribbon (presently 8799- 8865) is the the biggest barrier the OTP will have to contend with on the way back up.

(Glossary of acronyms! Old Tin Pot (OTP): S&P/ASX 200 | MOTN: More Often Than Not | FOMO: Fear Of Missing Out | HOFU: Holding On For Upside | BTD: Buy The Dip | NUTE: No Urgency To Enter | FOHO: Fear Of Holding On | STR: Sell The Rally | RP: Risk Position | FFS: Fund Flow Shenanigans!)

***CHARTWATCH LIVE WEBINARS 📺🍿***

How to protect your portfolio in a 'market meltdown'. This expert is in cash and is taking a vacation! 🏖️

ChartWatch LIVE Webinars – WEEKLY Wednesday's @ 12pm AEDT

Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.

Places are limited so >REGISTER NOW!<


Economy

TODAY

  • Bank of Japan (BOJ) Policy Rate: +0.25% p.a. as forecast to 1.25%

LATER THIS WEEK

FRIDAY

  • That's it!


Interesting Movers

Trading higher

  • Echo IQ (EIQ) $0.78
    +31.4%

    Continued to benefit from yesterday's update to the 8-Sep US Food & Drug Administration ("FDA") response to the company's application for clearance of its EchoSolv treatment. Management assured investors that there remains a "clear path forward" to obtaining clearance and that it is progressing this as a priority.

  • Unico Silver (USL) $0.90
    +13.2%

    Delivered a corporate presentation at an investor conference.

  • MAAS Group Holdings (MGH) $6.38
    +12.7%

    Provided an update on the sale of its construction materials business to Heidelberg Materials Australia. The Foreign Investment Review Board (FIRB)) has provided a notice of no objection to the proposed sale. The sale must now be approved by MGH shareholders at the company’s AGM on 24 September 2026.

  • Macmahon Holdings (MAH) $1.09
    +10.1%

    Announced that it will acquire Aspect Engineering Solutions. The acquisition will be comprised of $30 million cash payable upfront, $30 million in retention-linked payments over five years, and potential contingent performance and outperformance payments to a maximum of $30 million. Management forecast that the transaction will be underlying EPS accretive from inception, with indicative underlying EPS accretion of approximately 6.2%.

  • Arafura Rare Earths (ARU) $0.19
    +8.8%

    Executed an extension of its existing binding offtake agreement with a global wind turbine manufacturer to supply up to 500tpa of NdPr oxide equivalent for 5 years with potential extension up to 8 years. Pricing will be linked to the Benchmark Minerals Intelligence indices or S&P’s Global Platts North America pricing index.

  • DXN (DXN) $0.50
    +7.6%

    No news. DXN is a regular in the ChartWatch ASX Scans Uptrends List. 📈

  • Genesis Minerals (GMD) $7.56
    +4.7%

    No news. Performance reflected general strength in the broader precious metals sector.

Trading Lower

  • Healius (HLS) $0.38
    -14.6%

    No news. Messed with the long term trend ribbon and the long term trend ribbon won! 📉🤦

  • Jumbo Interactive (JIN) $5.64
    -13.4%

    No news. JIN is a regular in the ChartWatch ASX Scans Downtrends List. 📉

  • Core Lithium (CXO) $0.34
    -8.2%

    No news. Benchmark lithium carbonate futures were down today in China (giving up most of yesterday's bounce and logging their worst weekly close since 2025), but the rest of the sector was flat-to-slightly-up. 🤔

  • Forrestania Resources (FRS) $0.34
    -4.9%

    Released SEVEN ASX announcements today, so it really could be due to any one of those! Topics included: Lake Johnston construction update, Pre-Feasibility Study and Ore Reserves for the Edna May, British Hill, Tycho, and Johnson Range projects, the company's admission to the VanEck Junior Gold Miners ETF (GDXJ), and an update on its takeover of Zenith Minerals.

  • Yancoal Australia (YAL) $5.78
    -4.0%

    No news. Performance reflected general weakness in the broader coal sector.

  • Stanmore Resources (SMR) $2.68
    -3.6%

    No news. Performance reflected general weakness in the broader coal sector.

  • Whitehaven Coal (WHC) $7.92
    -2.9%

    No news. Performance reflected general weakness in the broader coal sector.

  • Alliance Aviation Services (AQZ) $0.54
    -2.7%

    No news. AQZ is a regular in the ChartWatch ASX Scans Downtrends List. 📉

  • SEEK (SEK) $11.72
    -2.5%

    No news. SEK is a regular in the ChartWatch ASX Scans Downtrends List. 📉


Broker Moves

Company
Broker
Action
Rating
Price Target
AGLAGL Energy
Morgan StanleyRetained
Underweight
$8.28
APZAspen Group
CitiRetained
Buy
$6.10
AUEAurum Resource
Canaccord GenuityRetained
Speculative Buy
$1.40
BMNBannerman Energy
MacquarieRetained
Outperform
$5.00
CHCCharter Hall Group
CitiRetained
Buy
$22.00
CKFCollins Foods
MorgansRetained
Buy
$10.60
CVVCaravel Minerals
Canaccord GenuityRetained
Speculative Buy
$0.80
DMPDomino's Pizza Enterprises
MorgansRetained
Hold
$20.00
DNLDyno Nobel
CitiRetained
Buy
$4.00
MacquarieRetained
Outperform
$4.40
Ord MinnettRetained
Hold
$3.80
UBSRetained
Neutral
$3.75
EMREmerald Resources NL
UBSInitiated
Buy
$8.75
GLFGemlife Communities Group
CitiRetained
Buy
$5.50
GMGGoodman Group
CitiRetained
Buy
$40.00
GYGGuzman Y Gomez
MorgansUpgraded
Buy
$31.00
HVNHarvey Norman Holdings
MacquarieRetained
Neutral
$4.20
Morgan StanleyDowngraded
Underweight
$3.90
IGOIGO
Morgan StanleyRetained
Equal Weight
$7.20
INAIngenia Communities Group
CitiRetained
Buy
$5.43
JBHJB Hi-Fi
MacquarieRetained
Outperform
$94.00
Morgan StanleyRetained
Underweight
$62.30
ORGOrigin Energy
Morgan StanleyRetained
Underweight
$10.17
PLSPLS Group
Morgan StanleyRetained
Equal Weight
$5.00
PMVPremier Investments
UBSRetained
Buy
$16.50
QRIQualitas Real Estate Income Fund
CitiRetained
Buy
$1.60
REAREA Group
Bell PotterRetained
Sell
$148.00
SCGScentre Group
CitiRetained
Buy
$4.10
SGPStockland
CitiRetained
Buy
$5.40
SULSuper Retail Group
Morgan StanleyRetained
Underweight
$11.90
TCLTransurban Group
CitiRetained
Neutral
$14.70
TLXTelix Pharmaceuticals
Canaccord GenuityRetained
Buy
$30.25
TSOTesoro Gold
Canaccord GenuityRetained
Speculative Buy
$2.20
WESWesfarmers
MacquarieRetained
Outperform
$85.00
Morgan StanleyUpgraded
Equal Weight
$70.00
WLCWhiteRock Lithium Corp.
Ord MinnettInitiated
Speculative Buy
$10.85

Scans

Top Gainers

Code
Company
Last
% Chg
SLZSultan Resources Ltd$0.011+37.50%
EIQEchoiq Ltd$0.775+31.36%
OLLOpenlearning Ltd$0.017+30.77%
LMLLincoln Minerals Ltd$0.013+30.00%
AM7Arcadia Minerals Ltd$0.068+25.93%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
GEMG8 Education Ltd$0.095-17.39%
AMAAMA Group Ltd$0.48-17.24%
CVVCaravel Minerals Ltd$0.23-16.36%
CVBCurvebeam Ai Ltd$0.027-15.63%
IMMImmutep Ltd$0.038-15.56%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
TEATasmea Ltd$10.54+13.70%
TETTetragon Energy Ltd$0.46+13.58%
MGHMaas Group Holdings Ltd$6.38+12.72%
AUQAlara Resources Ltd$0.074+12.12%
ENLDBEnlitic Inc$0.039+11.43%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
GEMG8 Education Ltd$0.095-17.39%
OB1Orbminco Ltd$0.011-15.39%
TSKTusker Minerals Ltd$0.061-15.28%
CTNCatalina Resources Ltd$0.038-13.64%
JINJumbo Interactive Ltd$5.64-13.36%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
EXUSBetashares Global Shares Ex US ETF$37.43+0.16%
DXNDXN Ltd$0.485+5.44%
SMLLBetashares Australian Small Companies Select ETF$4.54+0.89%
SLBStelar Metals Ltd$0.335+9.84%
RHCRamsay Health Care Ltd$55.39+0.47%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
NGINavigator Global Investments Ltd$2.15-0.46%
TOLLBetashares Ftse Global Infrastructure Share CH ETF$25.71-0.31%
VAPVanguard Australian Property Securities INDEX ETF$83.23+0.91%
GGFDBetashares Geared Long US TR Bond CH Complex ETF$17.430.00%
CTDCorporate Travel Management Ltd$2.60+12.55%
View all RSI oversold

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

19/09/2026