---
title: "The ASX mining sector is flashing a major warning signal – and is the CSL rally still intact?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292123448.md"
description: "Carl Capolingua's ChartWatch LIVE webinar analyzed ASX market trends, highlighting a warning signal in the mining sector and CSL approaching critical resistance. The session covered technical analysis of base metals, lithium, oil, and bonds, alongside viewer-picked stocks including Life360, Liontown, Santos, BHP, and Rio Tinto."
datetime: "2026-07-08T23:30:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292123448.md)
  - [en](https://longbridge.com/en/news/292123448.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292123448.md)
generator: "portal-rs"
---

# The ASX mining sector is flashing a major warning signal – and is the CSL rally still intact?

Key points:

-   Japanese candlestick masterclass! Discover how demand and supply interact without having to rely on complex indicators to reveal who’s winning the battle and when the odds are truly in your favour.
-   The ASX mining sector is flashing a warning signal! The short term trend appears to have changed, and the all-important dark green ribbon is within sight – will it hold!?
-   Get the latest on CSL’s rally as it closes in on a critical overhead resistance level, plus deep dives into Life360, Liontown, and Santos.

Welcome to our weekly ChartWatch \*LIVE\* Webinar series. Hundreds of Aussie investors joined me at lunchtime to learn more about technical analysis by using the ASX stocks they’re interested in as case studies.

But that’s the point of ChartWatch \*LIVE\*: it’s not up to me to set the agenda – it’s up to you! 🫵

Click the "Watch on YouTube" button in the player above, or go to our YouTube page, to check out our other fantastic technical analysis videos when you're done with this one!

If you attended, I trust that you enjoyed the session and leant plenty about how to think and act like a trend following technical analyst. If you weren't able to make it, or if you haven't registered yet, then I hope you can join me Wednesday, 15 July, at 12:00pm AEDTfor the next instalment. Be sure to bring an open mind about investing plus two of your favourite ASX stocks for me to analyse!

In this week's edition (click links to jump to a segment of the video 📺!)

-   0:00 Introduction
-   02:00 PORTFOLIO MANAGEMENT MODEL Nasdaq Composite + Japanese Candlesticks, Price Action and Volume practical masterclass
-   22:15 S&P/ASX 200
-   23:45 MACRO VIEW International stock indices
-   24:45 ASX Sector Indices
-   31:30 Base metals: Aluminium, Copper, Iron Ore, Lead, Nickel, Tin, Zinc
-   32:00 Lithium carbonate
-   33:30 Brent crude oil
-   35:15 High grade copper, Gold and silver
-   35:45 US 10-year T-bond yield
-   36:15 VIEWER PICKS – ASX STOCKS Life360 (360)
-   46:30 Desert Minerals (DSM)
-   51:45 CSL (CSL)
-   54:45 Objective Corp. (OCL)
-   58:15 Liontown (LTR)
-   59:30 Zip (ZIP)
-   01:01:15 EVZ (EVZ)
-   01:06:00 Tasmea (TEA)
-   01:06:20 Santos (STO)
-   01:07:20 Jade Gas (JGH)
-   01:08:20 Telstra (TLS)
-   01:09:00 BHP (BHP) and Rio Tinto (RIO)
-   01:10:00 HOW TO GET CARL'S TREND RIBBONS
-   01:10:45 SIGNOFF & DISCLAIMER

ChartWatch \*LIVE\* Webinar

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!<

### Related Stocks

- [CSL.AU](https://longbridge.com/en/quote/CSL.AU.md)
- [LTR.AU](https://longbridge.com/en/quote/LTR.AU.md)
- [RIO.AU](https://longbridge.com/en/quote/RIO.AU.md)
- [360.AU](https://longbridge.com/en/quote/360.AU.md)
- [STO.AU](https://longbridge.com/en/quote/STO.AU.md)
- [BHP.AU](https://longbridge.com/en/quote/BHP.AU.md)
- [OCL.AU](https://longbridge.com/en/quote/OCL.AU.md)
- [TLS.AU](https://longbridge.com/en/quote/TLS.AU.md)
- [BHP.UK](https://longbridge.com/en/quote/BHP.UK.md)
- [BHP.US](https://longbridge.com/en/quote/BHP.US.md)
- [RIO.UK](https://longbridge.com/en/quote/RIO.UK.md)
- [RIO.US](https://longbridge.com/en/quote/RIO.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [CSLLY.US](https://longbridge.com/en/quote/CSLLY.US.md)
- [BHPLF.US](https://longbridge.com/en/quote/BHPLF.US.md)
- [RTPPF.US](https://longbridge.com/en/quote/RTPPF.US.md)

## Related News & Research

- [CSL Issues 1.9 Million Unquoted Rights Under Employee Incentive Scheme](https://longbridge.com/en/news/298272334.md)
- [KGHM, BHP sign MOU to explore mining cooperation opportunities](https://longbridge.com/en/news/298274913.md)
- [Ximen Mining Proceeds with Construction Activities at Kenville Gold Mine | XXMMF Stock News](https://longbridge.com/en/news/298649015.md)
- [Is Energy Transition Minerals (ASX:ETM) In A Good Position To Invest In Growth?](https://longbridge.com/en/news/298766360.md)
- [Golden State Mining Files Updated ASX Corporate Governance Statement](https://longbridge.com/en/news/298262517.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**