MARKET WRAPS

Evening Wrap: ASX 200 higher on Trump de-escalation talk, gold and tech gain at energy's expense — XRO +6%, WHC -6%

The S&P/ASX 200 closed 20.8 points higher, up 0.25%.

Lead Writer and Presenter
Tue 31 Mar 2026, 17:37 AEDT
15 min read

Mentioned

The S&P/ASX 200 closed 20.8 points higher, up 0.25%.

The ASX 200 rose as reports the US may step back from the Iran conflict sparked a sharp reversal in sentiment, driving a relief rally across previously beaten-down sectors. Bond yields eased on hopes the inflation shock may moderate, flipping leadership away from energy and defensives and back toward growth and rate-sensitive names.

In stock specific news:

  • Koala (KLA) (+11.8%) — surged on debut, rallying above its IPO price as investors backed the online furniture retailer’s market entry.

  • West African Resources (WAF) (+4.9%) — gained after forecasting record 2026 gold production and lower costs.

  • ARN Media (A1N) (-18.9%) — plunged after legal action was launched seeking more than $82 million in damages.

  • Electro Optic Systems (EOS) (-0.5%) — edged lower despite securing new US contracts worth US$12 million.

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 2008,481.8
+0.25%
All Ords8,683.9
+0.30%
Small Ords3,325.0
+0.97%
All Tech2,545.4
+2.61%
Emerging Companies2,948.0
+1.56%
Currency
AUD/USD0.6848
-0.06%
US Futures
S&P 5006,442.25
+0.85%
Dow Jones45,880.0
+0.91%
Nasdaq23,332.25
+0.83%
Name
Value
% Chg
Sector
Information Technology1,556.8
+2.98%
Communication Services1,692.3
+0.85%
Real Estate3,272.1
+0.75%
Consumer Discretionary3,365.9
+0.51%
Health Care27,724.5
+0.29%
Financials9,289.8
+0.28%
Industrials7,871.0
+0.24%
Materials21,769.3
+0.18%
Utilities10,476.9
-0.53%
Consumer Staples12,542.4
-0.56%
Energy11,367.1
-1.15%

Markets

ASX 200 (XJO) intraday chart 31 Mar
ASX 200 Session Chart

The S&P/ASX 200 (XJO) finished 20.8 points higher at 8,481.8, about 0.8% from its session high/low = smack bang in the middle. Despite the rocky day’s trade — and somewhat tenuous reasons for the rally — in the broader-based S&P/ASX 300 (XKO) advancers beat decliners by an impressive 195 to 93.

The Gold Sub-Index (XGD) (+3.5%) surged as easing rate expectations reduced the opportunity cost of holding non-yielding assets like silver and gold. Resolute Mining (RSG) (+8.6%) and Genesis Minerals (GMD) (+5.7%) led sector gains.

US 2-year Government Bond Yield chart 31 Mar
US 2-year Government Bond Yield — about 20bp lower in the last three sessions

Lower bond yields were likely the key release valve more broadly today. Information Technology (XIJ) (+3.0%) rebounded strongly as falling yields supported long-duration growth names after weeks of heavy selling. Catapult Sports (CAT) (+7.7%) and Xero (XRO) (+6.6%) rallied.

Real Estate (XPJ) (+0.8%) also benefited from the pullback in yields, with bond-proxy sectors regaining some footing. HMC Capital Ltd (HMC) (+6.4%) and Goodman Group (GMG) (+1.8%) were sector leaders.

Consumer Discretionary (XDJ) (+0.5%) edged higher as hopes of easing pressure on household budgets improved sentiment toward spending-linked names. Temple & Webster (TPW) (+6.8%) led gains.

On the flip-side, pretty much anything that had benefitted from the conflict in the Middle East up to this point faltered — a market of haves and have-nots one could say — just where the stocks in each group swap positions each day!

Energy (XEJ) (-1.2%) fell sharply as the potential de-escalation of the conflict triggered a swift unwind of the war trade. Whitehaven Coal (WHC) (-6.0%) and Yancoal Australia (YAL) (-4.7%) were hit hardest, while Santos (STO) (-1.1%) and Woodside Energy Group (WDS) (-0.5%) also declined.

Utilities (XUJ) (-0.5%) and Consumer Staples (XSJ) (-0.6%) also slipped as defensive positioning was unwound. AGL Energy (AGL) (-1.3%) and Coles Group (COL) (-1.0%) were weaker.

In commodities, gold rose in Asian trade, gaining 1.0% to US$4,603/oz, while silver climbed 2.8% to US$72.52/oz as easing rate expectations supported precious metals.

Copper edged higher 0.3% in Asian trade to US$5.52/lb, while iron ore fell 1.5% in Singapore trade to US$105.50/t.

Brent crude slipped 0.2% in Asian trade to US$107.17/bbl as the geopolitical risk premium eased slightly.

Lithium prices fell in China trade, with GFEX lithium carbonate futures down 6.4% to 159,900 CNY/t. The move weighed on lithium names including Mineral Resources (MIN) (-3.7%), Liontown Resources (LTR) (-3.7%), IGO (IGO) (-3.0%) and PLS Group (PLS) (-2.8%).

A stronger price for NdPr, up 1.3% to 721,500 CNY/t, didn't help Lynas Rare Earths (LYC) (-3.9%).

Today's best blue chip gainers

Company
Last Price
Change $
Change %
1mo %
1yr %
Xero (XRO)
$75.12
+$4.62
+6.6%
-6.1%
-51.8%
Genesis Minerals (GMD)
$5.89
+$0.32
+5.7%
-26.9%
+58.8%
Capricorn Metals (CMM)
$11.00
+$0.55
+5.3%
-29.2%
+36.1%
Westgold Resources (WGX)
$5.89
+$0.28
+5.0%
-26.8%
+104.5%
Telix Pharmaceuticals (TLX)
$13.66
+$0.62
+4.8%
+40.0%
-48.5%
Greatland Resources (GGP)
$11.34
+$0.5
+4.6%
-21.5%
0%
Regis Resources (RRL)
$6.65
+$0.29
+4.6%
-31.9%
+69.6%
Northern Star (NST)
$20.36
+$0.85
+4.4%
-35.8%
+11.1%
Seek (SEK)
$13.95
+$0.58
+4.3%
-13.5%
-34.8%
Wisetech Global (WTC)
$38.02
+$1.49
+4.1%
-16.1%
-53.2%
Block, (XYZ)
$84.51
+$3.01
+3.7%
-5.2%
-2.3%
REA (REA)
$156.42
+$5.42
+3.6%
-5.7%
-28.8%
Eagers Automotive (APE)
$22.50
+$0.77
+3.5%
-3.8%
+46.9%
Life360 (360)
$18.77
+$0.63
+3.5%
-24.1%
-5.3%
Car (CAR)
$22.80
+$0.76
+3.4%
-10.6%
-27.6%
Steadfast (SDF)
$4.25
+$0.14
+3.4%
-1.8%
-26.5%
Treasury Wine (TWE)
$3.71
+$0.12
+3.3%
-19.2%
-62.9%
Perseus Mining (PRU)
$5.15
+$0.16
+3.2%
-18.0%
+54.7%
Hub24 (HUB)
$82.19
+$2.39
+3.0%
-14.3%
+20.5%
ALS (ALQ)
$20.80
+$0.6
+3.0%
-20.1%
+32.7%

Today's worst blue chip losers

Company
Last Price
Change $
Change %
1mo %
1yr %
Whitehaven Coal (WHC)
$9.25
-$0.59
-6.0%
+16.5%
+69.1%
Lynas Rare Earths (LYC)
$18.96
-$0.76
-3.9%
-5.2%
+160.4%
Mineral Resources (MIN)
$53.61
-$2.06
-3.7%
-10.2%
+123.7%
South32 (S32)
$4.27
-$0.14
-3.2%
-10.1%
+32.6%
IGO (IGO)
$7.85
-$0.24
-3.0%
-5.4%
+98.2%
PLS Group (PLS)
$5.12
-$0.15
-2.8%
-0.6%
+203.9%
Metcash (MTS)
$2.96
-$0.08
-2.6%
-11.1%
-6.3%
Bluescope Steel (BSL)
$25.72
-$0.6
-2.3%
-6.6%
+24.8%
Ramsay Health Care (RHC)
$39.01
-$0.84
-2.1%
-9.6%
+14.3%
Atlas Arteria (ALX)
$4.28
-$0.09
-2.1%
-10.6%
-11.8%
Endeavour (EDV)
$3.26
-$0.05
-1.5%
-19.3%
-15.1%
Aurizon (AZJ)
$3.97
-$0.06
-1.5%
-2.9%
+28.1%
Origin Energy (ORG)
$12.38
-$0.17
-1.4%
+3.6%
+17.6%
AGL Energy (AGL)
$9.86
-$0.13
-1.3%
+0.3%
-6.3%
Vicinity Centres (VCX)
$2.34
-$0.03
-1.3%
-4.5%
+6.4%
Orica (ORI)
$20.06
-$0.24
-1.2%
-18.8%
+18.1%
Fortescue (FMG)
$20.31
-$0.24
-1.2%
-0.9%
+32.1%
Santos (STO)
$7.96
-$0.09
-1.1%
+10.4%
+19.5%
Coles (COL)
$21.96
-$0.23
-1.0%
+3.0%
+12.4%

ChartWatch

Nasdaq Composite Index

NASDAQ Composite Index chart 30 Mar

Analysis

As I write this, Comp futures are trading ~350 points above their post-Monday-close.

"Stock futures jump, oil prices retreat on report Trump willing to end war" is the headline on MarketWatch (no relation to ChartWatch! 😉)

Why anyone on the demand or supply sides believes anything the current US president says about anything remains beyond me... but...

For now, D > S, and that's all that matters.

But the P⬆️ created by this last little D > S pulse only undoes a tiny portion of the damage done by the broader and unerringly pervasive S > D environment.

As traders, we simply need to ask ourselves: Does the prospect of a rise in the Comp tonight materially change the MOTN outcome we'd expect from the prevailing technicals? 🤔

Given those technicals are:

  • ST trend ribbon ⬇️ + price is below the ST trend ribbon + short term trend ribbon is acting as a zone of dynamic supply ⚠️

  • LT trend ribbon ➡️ price is below the ST trend ribbon + short term trend ribbon is acting as a zone of dynamic supply ⚠️

  • Price action = falling peaks and falling troughs = supply reinforcement and demand removal = sell the rally + 🚫FOMO + 🚫HOFU + 🚫BTD ⚠️

  • Candles are predominantly supply-side in nature (i.e., black-bodied and or upward pointing shadows = pervasive programmed sell orders dominant + ✅STR + 🚫FOMO + 🚫HOFU + 🚫BTD ⚠️

= ⚠️⚠️⚠️⚠️ + ✅STR + 🚫FOMO + 🚫HOFU + 🚫BTD

Sure, the Comp futures are up pointing to a strong open tonight — but I can't Analyse a strong demand-side candle that doesn't exist yet! And looking at the above chart, there haven't been any of those for quite some time...

So, I must continue to Accept the MOTN outcome = 📉.

(MOTN: More Often Than Not | FOMO: Fear Of Missing Out | HOFU: Holding On For Upside | BTD: Buy The Dip | STR: Sell The Rally | RP: Risk Position)

View

Based on my risk management model, there's only one way I can presently Act: 1/3RP 🪣 — i.e., my personal allowable capital allocation limit for my investments in US stocks is 33% (1/2RP is 50%, 2/3RP is 67% and FRP is 100%). Also, don't forget my 1/3RP limit includes both long and short RP.

Key levels

The short- and long term downtrends remain intact. Both trend ribbons appear to be acting as a zone of dynamic excess supply (downtrend ribbon combination (presently 21777-22284). We must see a long white-bodied candle closing at least above the short term trend ribbon to indicate the demand-side is any chance of being back in control of the Comp's price.

With 20906-21033 consumed, the next, lower zone of demand is 20205-20560. We'll watch the price action and candles closely there for signs excess demand is indeed manifesting itself. Upon a close below the previous all time high of 20205 — the Comp Bear Market of 2026 will be well underway! 🐻

S&P/ASX 200 (XJO)

ASX 200 (XJO) chart 31 Mar

Analysis

Today’s a perfect example of why my portfolio management model hides in cash, not risk, when markets go choppy. 🪓🪓🪓

I wonder how many of you have resisted the urge to keep banging away at trades? Still going long — possibly riding rising energy stocks… but perhaps, even switching to the dark side — placing your first ever shorts over the last few weeks.

Yet:

  • When bad news appears = Longs get killed.

  • When good news appears (or sometimes — simply an absence of bad news!) = Shorts get killed.

Stuff goes up 10% on no news — just fund flows (i.e., spec buying, positional reweighting = underweights trying to get back to weight, short covering).

Stuff goes down 10% on no news — just fund flows (i.e., short-side attacks, positional underweighting, forced and panic selling).

It’s the sort of the market that I take great pleasure in sitting out.

Often in such markets, one tends to be long the same stuff that’s benefitting from the broader market’s demise — so you end up in the perverse situation where good news is bad news! That’s a brain-bender… do you really want things to settle down in the Middle East or not!? 🤷

Those are far more complicated questions than ChartWatch can ever hope to answer... Simply, the only thing I can say with confidence is this: In my experience — in choppy markets — trend traders get chopped up!

This is exactly why the 1/3RP max risk limit exists in such situations. It’s designed to kick in when all semblance of a reliable, low-volatility uptrend disappears — and markets go to crazy town!

Bear markets may seem, to the uninitiated, like excellent opportunities to profit from short selling. That’s true — to an extent. But bear markets are, by their nature, volatile beasts: characterised by precipitous declines punctuated by violent, vertical short-covering rallies.

Alternatively, one might think stocks are getting belted — I should load up on “bargains”! 🤑

My view is neither position is the path to steady building of wealth, or the steady mental disposition required to achieve it. 🧘

As always, you do it your way — that’s your prerogative. Me, I prefer to be mostly in cash at times like this, with a few strategic bets either way (always mindful of correlated trades!). Waiting for calmer heads, calmer seas — and a trend I can trade!

View

Just look at today's candle! Even after the upward pulse from that Trump news, it faded into the close to deliver us a most-emphatic "I have no idea" of a candle — with a small body, upward and downward pointing candles — and a close almost smack-bang at the middle of the session! INDECISION! 🤦

Add to this the context of prevailing short- and long-term downtrends, falling peaks and falling troughs, and a predominance of supply-side candles — and I have only one valid path to tread: No change to my prevailing OTP risk bucket setting: 1/3RP 🪣 (i.e., my personal allowable capital allocation limit for my investments in Australian stocks is 33%).

Key levels

8262-8284 is the closest zone of demand (static). The ASX 200 must at least close back above the short- and long term uptrend ribbons (presently 8624-8696. and 8658-8739 respectively) to reclaim any semblance of demand-side control.


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Economy

Today

  • AUS February Private Sector Credit

    • Result: +0.6% m/m vs +0.6% m/m forecast and +0.5% in January

  • 12:30 CHN March Purchasing Managers Index (PMI)

    • Manufacturing: 50.4 vs 50.2 forecast and 49.0 in February

    • Non-manufacturing: 50.1 vs 49.9 forecast and 49.5 in February

    • Takeaway: better than expected, growing ✅✅

Later this week

Tuesday

  • 20:00 EUR March Core CPI Flash Estimate (+2.4% p.a. forecast vs +2.4% p.a. in February)

Wednesday

  • 00:45 USA February JOLTS Job Openings (+6.9 million forecast vs 6.95 million previous)

  • 01:00 USA Conference Board Consumer Confidence Survey (88.0 forecast vs 91.2 previous)

  • 11:30 AUS February Building Approvals (+6.1% m/m forecast vs -7.2% in January)

  • 23:30 USA February Core Retail Sales (+0.3% m/m forecast vs 0.0% in January)

Thursday

  • 01:00 ISM March Manufacturing PMI (52.3 forecast vs 52.4 in February)

Friday

  • AUS Non-trading day

  • 23:30 USA March Non-farm Payroll Data

    • Employment change: +56,000 forecast vs -92,000 in February

    • Average hourly earnings: +0.3% m/m forecast vs +0.4% m/m in February

    • Unemployment rate: 4.4% forecast vs 4.4% in February


Latest News


Interesting Movers

Trading higher

  • +8.6% Resolute Mining (RSG)Strategic Partnership Signed in Guinea, general strength across the broader Precious Metals sector today.

  • +7.7% Catapult Sports (CAT) – No news, general strength across the broader Information Technology sector today, rebounded after yesterday's sharp sell-off due to Catapult FY26 Trading Update.

  • +7.7% IDP Education (IEL) – No news, general strength across the broader Consumer Discretionary sector today.

  • +7.4% Generation Development (GDG) – No news.

  • +6.8% Temple & Webster (TPW) – No news, general strength across the broader Consumer Discretionary sector today.

  • +6.6% Xero (XRO) – No news, general strength across the broader Information Technology sector today.

  • +6.4% HMC Capital (HMC)Victorian Big Battery Site Visit Presentation, general strength across the broader Real Estate sector today.

  • +6.1% Silver Mines (SVL) – No news, general strength across the broader Precious Metals sector today.

  • +5.9% Catalyst Metals (CYL) – No news, general strength across the broader Precious Metals sector today.

  • +5.7% Genesis Minerals (GMD) – No news, general strength across the broader Precious Metals sector today.

  • +5.7% Arafura Rare Earths (ARU) – No news, rise is consistent with prevailing short and long term uptrends, a recent regular in ChartWatch ASX Scans Uptrends list 🔎📈

  • +5.5% Siteminder (SDR) – No news, general strength across the broader Information Technology sector today.

  • +5.4% Ora Banda Mining (OBM) – No news, general strength across the broader Precious Metals sector today.

  • +5.3% Black Cat Syndicate (BC8) – No news, general strength across the broader Precious Metals sector today.

  • +5.3% Capricorn Metals (CMM) – No news, general strength across the broader Precious Metals sector today.

  • +4.6% Greatland Resources (GGP) – No news since yesterday's December 2025 Group Mineral Resource Statement, upgraded to outperform from sector perform at RBC Capital Markets and price target raised to $15.60 from $14.80.

  • +4.4% Northern Star Resources (NST) – No news, upgraded to buy from sell at UBS.

  • +4.1% Wisetech Global (WTC) – No news, general strength across the broader Information Technology sector today.

Trading lower

  • -7.5% (SGM) – No news.

  • -6.5% Myer (MYR) – No news, fall is consistent with prevailing short and long term downtrends, a regular in ChartWatch ASX Scans Downtrends list 🔎📉

  • -6.0% Whitehaven Coal (WHC) – No news, general weakness across the broader Energy sector today.

  • -5.9% Elsight (ELS) – No news, general weakness across the broader Defence sector today.

  • -4.7% Yancoal Australia (YAL) – No news, general weakness across the broader Energy sector today.

  • -3.9% New Hope Corp. (NHC) – No news, general weakness across the broader Energy sector today.

  • -3.7% Karoon Energy (KAR) – No news, general weakness across the broader Energy sector today.

  • -3.7% Mineral Resources (MIN) – No news, general weakness across the broader Lithium sector today.

  • -3.7% Liontown (LTR) – No news, general weakness across the broader Lithium sector today.

  • -3.0% IGO (IGO) – No news, general weakness across the broader Lithium sector today.


Broker Moves

Ampol (ALD)

  • Retained at outperform at Macquarie; Price Target: $40.00 from $36.00

ARB Corporation (ARB)

  • Retained at neutral at Citi; Price Target: $22.05

Brambles (BXB)

  • Retained at neutral at Macquarie; Price Target: $23.35 from $24.70

Coles Group (COL)

  • Retained at accumulate at Ord Minnett; Price Target: $22.50

Greatland Resources (GGP)

  • Retained at buy at Canaccord Genuity; Price Target: $15.45 from $14.60

  • Retained at sell at Moelis Australia; Price Target: $10.10

  • Upgraded to outperform from sector perform at RBC Capital Markets; Price Target: $15.60 from $14.80

Goodman Group (GMG)

  • Retained at buy at UBS; Price Target: $33.92

GWA Group (GWA)

  • Retained at neutral at Macquarie; Price Target: $2.15 from $2.65

James Hardie Industries Plc (JHX)

  • Retained at outperform at Macquarie; Price Target: $41.10 from $43.60

Macmahon Holdings (MAH)

  • Initiated at hold at Ord Minnett; Price Target: $0.75

Monadelphous Group (MND)

  • Initiated at accumulate at Ord Minnett; Price Target: $30.55

Navigator Global Investments (NGI)

  • Retained at buy at Morgans; Price Target: $2.98 from $3.35

  • Retained at buy at Ord Minnett; Price Target: $3.30 from $3.55

Northern Star Resources (NST)

  • Upgraded to buy from sell at UBS; Price Target: $24.70 from $28.00

NRW Holdings (NWH)

  • Initiated at hold at Ord Minnett; Price Target: $5.80

Paragon Care (PGC)

  • Retained at buy at Bell Potter; Price Target: $0.30 from $0.29

PEXA Group (PXA)

  • Retained at overweight at Morgan Stanley; Price Target: $17.50

Reece (REH)

  • Retained at neutral at Macquarie; Price Target: $14.90 from $17.00

Ramsay Health Care (RHC)

  • Retained at neutral at Citi; Price Target: $39.00 from $41.40

Rio Tinto (RIO)

  • Retained at equal-weight at Morgan Stanley; Price Target: $146.00

Reliance Worldwide Corporation (RWC)

  • Retained at outperform at Macquarie; Price Target: $4.50 from $4.75

SGH (SGH)

  • Upgraded to outperform from neutral at Macquarie; Price Target: $50.40 from $53.05

Santos (STO)

  • Initiated at buy at Argonaut Securities; Price Target: $9.10

Syrah Resources (SYR)

  • Downgraded to underweight from neutral at Jarden; Price Target: $0.10 from $0.30

Viva Energy Group (VEA)

  • Retained at outperform at Macquarie; Price Target: $3.50 from $2.70

Woodside Energy Group (WDS)

  • Initiated at buy at Argonaut Securities; Price Target: $41.20

Woolworths Group (WOW)

  • Retained at accumulate at Ord Minnett; Price Target: $39.00

Zip Co (ZIP)

  • Retained at buy at Citi; Price Target: $2.60 from $4.30


Scans

Top Gainers

Code
Company
Last
% Chg
MCEMatrix Composites & Engineering Ltd$0.36+50.00%
CXUCauldron Energy Ltd$0.031+47.62%
VTAVita Resources NL$0.048+37.14%
PR1Pure Resources Ltd$0.38+35.71%
MNBMinbos Resources Ltd$0.036+33.33%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
NUCNuchev Ltd$0.13-27.78%
HALHalo Technologies Holdings Ltd$0.028-26.32%
FMRFMR Resources Ltd$0.22-20.00%
A1NArn Media Ltd$0.235-18.97%
EM3Emc Gold Corporation$0.205-18.00%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
MCEMatrix Composites & Engineering Ltd$0.36+50.00%
PR1Pure Resources Ltd$0.38+35.71%
NHENoble Helium Ltd$0.049+22.50%
CLVClover Corporation Ltd$1.00+13.64%
KOAThe Koala Company Ltd$3.80+11.77%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
A1NArn Media Ltd$0.235-18.97%
49M49 Metals Ltd$0.165-17.50%
AKMAspire Mining Ltd$0.20-16.67%
FOSFOS Capital Ltd$0.12-14.29%
CDTCastle Minerals Ltd$0.041-11.96%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
BILLiShares Core Cash ETF$100.71+0.02%
MQGPGMacquarie Group Ltd$103.27+0.10%
DGVADimensional Global Value Trust - Active ETF$27.59+1.10%
PL3Patagonia Lithium Ltd$0.23+6.98%
TOEToro Energy Ltd$0.62+21.57%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
SGPStockland$4.31+0.47%
WESWesfarmers Ltd$72.91-0.01%
HVNHarvey Norman Holdings Ltd$4.93-0.20%
NSCNaos Small Cap Opportunities Company Ltd$0.310.00%
XAROArdea Real Outcome Bond Complex ETF$24.60-0.20%
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.

09/07/2026