Trends And Targets

SHELL #Germany #Nasdaq In the month since we last reviewed #Shell (link here), the price has gone to the dark side. Not only did it achieve our drop target at 2279p, it closed a crucial 4p below target. From our Big Picture perspective, this is not a good thing. Continue reading “Trends and Targets for 13/12/2018”

National Grid #CAC40 #SP500 For some reason we’re rarely asked about this behemoth – until today. At present, it’s trading around the 826p level with the price fluctuating, broadly in tune with market nonsense this year relating to #Brexit. There are now some very real risks apparent.

Essentially, weakness below RED, 760p at present, would be viewed as a bad thing, moving the price into a region where an initial 680p looks capable of provoking a short lived bounce. The real problem, should 680p break, is any real bounce dare not be anticipated until the price reverses as far as 650p.

In common with everything else, market fragility at present almost demands we supply an “ultimate” bottom, if everything opts to fall apart. In the case of National Grid, bottom is now 487p, a point we cannot calculate below. Visually, it ties against the lows of the last market collapse – which oddly took until 2010 to inflict itself on National Grid. In the event 487p ever makes a guest appearance, it appears a welcome level to try a pretty firm Long position, one with a tight stop.

At present, the share requires better 906p to indicate it intends climb out of trouble. Ideally, we would prefer the price closes above 906p to confirm the potentials. This scenario expects recovery to an initial 968p. If exceeded, secondary calculates at 1042p and a game changing position.

For now, we rather suspect 650p shall make an appearance.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:15:18PM	BRENT	60.64
10:19:50PM	GOLD	1243.54
10:24:19PM	FTSE	6811.09									‘cess
10:26:13PM	FRANCE	4820	4768	4748.5	4713	4822	4841	4866	4912	4783	‘cess
10:28:21PM	GERMANY	10774.21									‘cess
10:30:03PM	US500	2628.82	2620	2603.5	2579	2664	2664	2680	2713	2621	‘cess
10:32:18PM	DOW	24281.7									Success
10:34:42PM	NASDAQ	6680.24									Success
10:36:14PM	JAPAN	21261									‘cess

11/12/2018 FTSE Closed at 6806 points. Change of 1.26%. Total value traded through LSE was: £ 7,317,378,636 a change of -1.09%

10/12/2018 FTSE Closed at 6721 points. Change of -0.84%. Total value traded through LSE was: £ 7,398,221,418 a change of 1.03%

7/12/2018 FTSE Closed at 6778 points. Change of -2.07%. Total value traded through LSE was: £ 7,323,127,201 a change of 5.12%

5/12/2018 FTSE Closed at 6921 points. Change of -1.44%. Total value traded through LSE was: £ 6,966,600,933 a change of -11.83%

4/12/2018 FTSE Closed at 7022 points. Change of -0.57%. Total value traded through LSE was: £ 7,901,119,671 a change of 9.83%

3/12/2018 FTSE Closed at 7062 points. Change of 1.17%. Total value traded through LSE was: £ 7,194,186,755 a change of -22.49%

30/11/2018 FTSE Closed at 6980 points. Change of -100%. Total value traded through LSE was: £ 9,281,193,872 a change of 0%

 

Barclays #Gold #Nasdaq News an incompetent UK Govt has (again) delayed the end of the world was quite a relief. Few things are more irritating than the world ending just before Xmas! Equally, for #Barclays, their share price has not yet encroached on the danger zone and just moved inexorably closer. Continue reading “Trends and Targets for 11/12/2018”

#FTSE for Monday #Brent #Dax According to the media, the UK is poised to kick open the gates of hell anytime soon. As a result, there are supposed to be some “short” opportunities for the index, along with Sterling too. While we should warn the markets rarely do “obvious”, we’ve been whinging about parity for Sterling for ages and a bottom of 6640 on the FTSE. Continue reading “Trends and Targets for 10/12/2018”

#Eqtec #Brent #Gold Regardless of whether it’s the AIM, the FTSE 250 or the FTSE 100, the UK stock market can be a funny old place. So funny, the same jokes are often repeated and traders just love falling around laughing. Or at least, having hysterics… Continue reading “Trends and Targets for 6/12/2018”

Ted Baker #CAC40 #SP500 This lot have a bit of a problem. With the share price recently carrying out experiments with gravity (gravity won!)  it finds itself in the unenviable position of closing below the uptrend since 2009. We’re not yet convinced it has kicked open the gates of hell though. Continue reading “Trends and Targets for 5/12/2018”

Tesco #Gold #Nasdaq It’s the time of the year when some people think of turkey. Whereas we review turkey potentials and #Tesco currently take the honours. The share price has several problems making themselves known so we fear the worst. Continue reading “Trends and Targets for 4/12/2018”