--- title: "The horror! Are ASX banks ANZ, CBA, NAB & WBC flagging major sell signals?" type: "News" locale: "en" url: "https://longbridge.com/en/news/291471044.md" description: "Carl Capolingua's ChartWatch LIVE webinar reviewed ASX Top 50 charts, identifying major sell signals for banks ANZ, CBA, NAB, and WBC. The session also analyzed the AI and semiconductor bull market for potential bubbles, discussed technical analysis strategies, and covered various sector indices and specific stock setups." datetime: "2026-07-01T23:30:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291471044.md) - [en](https://longbridge.com/en/news/291471044.md) - [zh-HK](https://longbridge.com/zh-HK/news/291471044.md) generator: "portal-rs" --- # The horror! Are ASX banks ANZ, CBA, NAB & WBC flagging major sell signals? Key points: - In this week's webinar we review the charts of the ASX Top 50 – our biggest blue chip stocks – to short list the strongest uptrends and downtrends. - We also investigate the massive bull market in artificial intelligence and semi-conductor stocks and pose the question: are these stocks in a bubble? - Plus there's the usual invaluable lessons to learn about technical analysis, risk management, and how to develop a successful trading and investing mindset. 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, 8 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 📺!) - 00:00 Introduction - 01:10 PORTFOLIO MANAGEMENT MODEL Nasdaq Composite - 04:00 S&P/ASX 200 - 04:30 MACRO VIEW International stock indices - 07:15 ASX Sector Indices - 10:00 Base metals: Aluminium, Copper, Lead, Nickel, Tin, Zinc - 11:15 Lithium carbonate - 13:00 Impact of ETFs on the momentum trade - 16:00 US Artificial Intelligence (AI) and Semi-conductor stocks – bubble? How can investors spot when the top is in? - 18:15 SpaceX (SPCX) - 19:00 ASX TOP 50 BLUE CHIPS REVIEW (and how the ChartWatch Technical Model works) - 22:45 Aristocrat Leisure (ALL) - 23:45 ANZ (ANZ) - 25:15 BHP (BHP) - 26:15 CSL (CSL) - 26:45 Insurance Australia (IAG) - 28:30 James Hardie Industries (JHX) - 31:00 The importance of Periodicity in trading, and of being consistent - 34:30 Medibank Private (MPL) - 35:15 PLS Group (PLS) - 36:00 South32 (S32) - 38:00 BHP (BHP) and the Aggressive Short Setup - 43:45 Commonwealth Bank of Australia (CBA) - 44:15 Evolution Mining (EVN) - 46:45 Electro Optic Systems (EOS) - 49:15 Megaport (MP1) - 51:15 Genusplus (GNP) - 52:00 Bluescope Steel (BSL) - 54:00 South32 (S32) - 54:45 Zip (ZIP) - 57:15 Pro Medicus (PME) and the Aggressive Long Setup - 01:02:30 Global X Semiconductor ETF (SEMI) - 01:03:45 Sunrise Energy Metals (SRL) - 01:04:45 Telix Pharmaceuticals (TLX) - 01:06:30 The A2 Milk Company (A2M) - 01:07:30 Ricegrowers (SGLLV) - 01:08:15 Paladin Energy (PDN) - 01:09:15 Wisetech Global (WTC) - 01:09:45 Firefly Metals (FFM) - 01:10:30 Bluescope Steel (BSL) - 01:11:15 4DMEDICAL (4DX) - 01:12:00 HOW TO GET CARL'S TREND RIBBONS - 01:12:30 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 - [WBC.AU](https://longbridge.com/en/quote/WBC.AU.md) - [ANZ.AU](https://longbridge.com/en/quote/ANZ.AU.md) - [NAB.AU](https://longbridge.com/en/quote/NAB.AU.md) - [CBA.AU](https://longbridge.com/en/quote/CBA.AU.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [BHP.US](https://longbridge.com/en/quote/BHP.US.md) - [JHX.US](https://longbridge.com/en/quote/JHX.US.md) - [BHPLF.US](https://longbridge.com/en/quote/BHPLF.US.md) - [BHP.UK](https://longbridge.com/en/quote/BHP.UK.md) - [BHP.AU](https://longbridge.com/en/quote/BHP.AU.md) ## Related News & Research - [Commonwealth Bank of Australia (ASX:CBA) Posts Strong FY2026 Results, Is The Premium Still Justified?](https://longbridge.com/en/news/296691675.md) - [National Australia Bank (ASX:NAB) Shares Reflect Stable EPS And Margin Pressure](https://longbridge.com/en/news/296222503.md) - [NAB profit rises but mortgage slump and cautious guidance send shares tumbling](https://longbridge.com/en/news/296052669.md) - [Alphabet kicks off Australian dollar bond sale as AI spending soars](https://longbridge.com/en/news/296161071.md) - [Australian Dividend Stocks With Steadier Income as Bond Yields Stay High](https://longbridge.com/en/news/296636672.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**