FTSE for FRIDAY (FTSE:UKX) at around 8339 currently

#FTSE #WallSt   As we trudge through the rain to the final week of May,  the market has echoed the mood of the weather but we’re a little hopeful things shall again improve. After all, here in Argyll, Scotland, summer generally happens during May & June so perhaps the FTSE shall choose to replicate our mood. But only if things improve. One interesting aspect of the reversals the most recent four days achieved. The market low of 8332 points was pretty much an exact journey to a bottom, a point from which we’d hope for a proper bounce.

Strange to note, last Friday we’d given an initial drop target at 8384 with secondary, if broken, at 8368 points. To keep everyone amused, on Tuesday the index reversed to 8384 points, then supplied a 40 point bounce. But before the bounce, the index briefly broke below our target level in a movement which, from our perspective, meant any bounce shouldn’t be trusted. The next day, Wednesday, saw the market venture down to our secondary target at the open of trade and chose to break below for a few minutes. But once again, it bounced, this time by 30 points.

So once again, we were justified in distrusting what was coming and Thursday didn’t disappoint. Had we been writing publicly about our expectations, folk would have seen the private note to our customers; “shall not be surprised if the FTSE experiences reversals to 8330 before kicking off a bounce

Now, as we approach Friday with the market not making it below 8330 points, we’ve some hope for a day with some market gains!

 

In the hopeful scenario of our theory being correct, above 8365 points is supposed to kick things off, giving an initial utterly useless target of 8375 points. Our secondary is quite a bit more useful at what we describe as a “longer term” 8408 points. We’ve opted to sneak in this caveat, following the results from last Friday which, as shown above, took 5 trading days to come to fruition. In normal circumstances without the background noise of world events and the contrived political news due to a coming UK election, conventionally we’d be giving 8408 as an initial target with secondary, if beaten, at 8467 points but recently, the FTSE has been quite stingy with the width of movements.

 

Should the market discover a reason for things to go pear shaped, now below 8330 looks a bit troubling, threatening reversals to an initial 8285 points with secondary, if broken, at 8225 points.

Have a good weekend and enjoy Grand Prix qualifying on Saturday. Unless it rains in Monaco, the actual race shall doubtless be worth avoiding.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:49:43PM BRENT 8129.4 8081 8060 8283 8165 8189 8115 Shambles
10:52:55PM GOLD 2328.69 2326 2280 2352 2351 2356 2340 Success
10:57:02PM FTSE 8288 8277 8251 8320 8320 8332 8290 Success
10:59:42PM STOX50 5004.5 4996 4979 5016 5044 5063 5024 Success
11:02:38PM GERMANY 18579.2 18554 18531 18610 18718 18785 18639 ‘cess
11:06:06PM US500 5270.7 5256 5235 5282 5325 5355 5298 Success
11:12:47PM DOW 39064.5 39029 38780 39717 39450 39626 39353 Success
11:15:15PM NASDAQ 18614.2 18552 18497 18646 18862 18990 18728 Success
11:17:40PM JAPAN 38504 38415 38246 38566 38920 39099 38621 Success

 

23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of 0.05%. Total value traded through LSE was: £ 4,472,630,359 a change of -22.38%
17/05/2024 FTSE Closed at 8420 points. Change of -0.21%. Total value traded through LSE was: £ 5,762,302,042 a change of 1.63%
16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:HL. Hargreaves Lansdown** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **

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Updated charts published on : AFC Energy, Astrazeneca, Hargreaves Lansdown, Ocado Plc, Rolls Royce,


LSE:AFC AFC Energy. Close Mid-Price: 22.6 Percentage Change: + 3.91% Day High: 23.25 Day Low: 21.85

Target met. In the event of AFC Energy enjoying further trades beyond 23. ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 12404 Percentage Change: + 0.36% Day High: 12450 Day Low: 12316

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1120 Percentage Change: + 14.40% Day High: 1151 Day Low: 1046

Target met. All Hargreaves Lansdown needs are mid-price trades ABOVE 1151 ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 352.1 Percentage Change: + 2.50% Day High: 356.7 Day Low: 332.9

Weakness on Ocado Plc below 332.9 will invariably lead to 329p with secon ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 440.4 Percentage Change: + 2.90% Day High: 446.7 Day Low: 420.1

Target met. Continued trades against RR. with a mid-price ABOVE 446.7 sho ……..

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*** End of “Updated Today” comments on shares.

Marks and Spencer Group Plc (LSE:MKS) at around 288p currently

#MarksSpencer #Nasdaq  Had dear leader Boris Johnson still been in control, it would be easy to imagine M&S share price surged due to the announcement of a General Election in the UK. Party time at Downing St would surely imply constant delivery of bottles of wine from M&S, the favourite trough of politicians when someone else is paying.

However, this elegant scenario was spoiled by the news M&S share price had leapt, due to the increase in Food profits due to their policy of price gouging. Meanwhile in France, Spain, Italy, and Belgium, products from Pepsi – which includes Doritos – are unavailable, thanks to the grocery chain Carrefour banning the brand due to unacceptable price increases. The concept of a major retailer looking out for their customers is impressive, a policy beyond the mental reach of UK supermarkets. We notice 2ltr bottles of Pepsi in our local supermarket still gather dust, their price remaining static despite other vendors such a Coca Cola conceding reality and reducing prices. Surprisingly, we also noticed Morrisons “own brand” cola has reverted to its 59p price for large bottles, doubtless due to their exploration of the 95p level damaging sales. This is important, due to grand-daughters who consume frightening amounts when they visit but also, typically abandon 1/2 full glasses all over the place, finding it easier to go into the kitchen rather than risk a brain cell by trying to recall where they left their previous glass.

 

At first glance, it was easy to assume happy days were ahead for M&S, aside from a small but perhaps crucial detail. We often reiterate our demand a share price actually close at or above a specific level to give an accurate clue as to what the future holds. The circled area on the chart below highlights our issue as M&S closed at 290.5p at that point. Now, despite breaking through the downtrend, it noticeably failed to close above this prior high, ending the session at 288p. As a result, we’re not confident with the immediate projections as this sort of thing is rarely a mistake by trading software.

If we go by the trading range on Wednesday, apparently above 300p should next propel M&S to 305p with our longer term secondary calculating at 351p. If it were not for the important detail the share failed to close the session above the prior high, we’d be very confident with these projections, especially as our own software is supplying a cluster of different calculations, all of which should end up at 381p eventually, along with some hesitation. When a share price has multiple separate criteria all pointing to the same price levels, we’ve learned to resign ourselves to the future but in this instance, the failure to better a prior high bothers us. Highlighting the issue, the minute by minute chart extract for the 21st shows M&S share price was “stuck” at the level of the prior high, 290.5p, until 3pm, when the market decided to let it drop. It was all really strange, hence our caution.

 

In the event of the share price now trading below 277p, our concerns risk becoming a reality as this risks triggering reversals down to 231p initially with secondary, if broken, at 207p. Visually, we would anticipate the 231p level as being capable of provoking a decent bounce.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:31:11PM BRENT 8154.9 8150 8065 7822 8388 8252 8284 8330 8174
9:34:27PM GOLD 2378.95 Success
9:38:57PM FTSE 8350.5 ‘cess
9:42:06PM STOX50 5021.2 ‘cess
9:45:52PM GERMANY 18644 ‘cess
9:50:26PM US500 5311.7
10:59:26PM DOW 39604 Success
11:02:30PM NASDAQ 18732 18604 18533 18442 18678 18758 18815 18886 18720 ‘cess
11:05:30PM JAPAN 38833 Success

 

22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of 0.05%. Total value traded through LSE was: £ 4,472,630,359 a change of -22.38%
17/05/2024 FTSE Closed at 8420 points. Change of -0.21%. Total value traded through LSE was: £ 5,762,302,042 a change of 1.63%
16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **

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Updated charts published on : Avacta, Foxtons, Hargreaves Lansdown, Lloyds Grp., Marks and Spencer,


LSE:AVCT Avacta Close Mid-Price: 41 Percentage Change: -1.80% Day High: 41.75 Day Low: 40.75

In the event Avacta experiences weakness below 40.75 it calculates with a ……..

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LSE:FOXT Foxtons Close Mid-Price: 68.4 Percentage Change: -3.12% Day High: 71.4 Day Low: 68.6

Target met. Continued trades against FOXT with a mid-price ABOVE 71.4 sho ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 979 Percentage Change: + 4.95% Day High: 989.6 Day Low: 916

Target met. Further movement against Hargreaves Lansdown ABOVE 989.6 shou ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 56.38 Percentage Change: + 0.36% Day High: 57.22 Day Low: 55.94

In the event of Lloyds Grp. enjoying further trades beyond 57.22, the sha ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 288 Percentage Change: + 5.19% Day High: 300 Day Low: 281

In the event of Marks and Spencer enjoying further trades beyond 300, the ……..

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*** End of “Updated Today” comments on shares

Harland & Wolff Group Holdings Plc (LSE:HARL) at around 9.2p currently

#Harland #FTSE  The current iteration of Harland & Wolff must harbour mixed feelings about the names ancestry. The two massive cranes which dominate the Belfast skyline provide a permanent reminder of their presence. Unfortunately, the memory of their most famous ship, The Titanic, must also haunt the company as few shipyards will enjoy being famous for building the largest ship in the world which also sunk on its maiden voyage.

As always seems to be the case nowadays with shipbuilding in the UK, the company appears threatened by a lack of support from the government. In this case, it’s a lack of a £200m export credit guarantee at risk of blockage by the treasury. It certainly appears ridiculous such a relatively small sum of money could be threatening such a large company, especially when the current Defence Secretary, Grant Shapps, claimed in a recent speech the UK has entered a “golden age of shipbuilding!” Needless to say, if a UK politician is willing to make such a claim, the exact opposite is probably the truth, the last few years having given our political rulers plenty of opportunities to utterly mislead the nation as to what’s really going on.

 

Something certainly is going on as we’ve received a few emails asking our opinion on the share price future prospects. Without a doubt, this one is difficult as it feels like it has already hit an iceberg.

Now below just 8.7p risks triggering reversals to an initial 7.7p and perhaps a bounce. If broken, our secondary and “ultimate” bottom work out at 5.7p, this being a level below which we cannot calculate without introducing a negative sign in front of the target. But visually, there’s certainly a reasonable level of hope it shall bounce from the 5.7p level.

Unfortunately, to give hope, the share price currently requires a bit of a miracle. Trading above 10.85p should provide early warning of something positive happening, giving a scenario where we can postulate the potential of price recovery to an initial 13p, obviously fairly useless in the grand scheme of things. Only above 13p do things start to look interesting, giving an initial target of 18.1p with secondary, if bettered, at 22p and some possible hesitation, given the share price behaviour during 2023.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:58:42PM BRENT 8236.7
11:01:27PM GOLD 2420.61
11:07:40PM FTSE 8420.3 8366 8353 8310 8412 8428 8437 8454 8415 Success
11:09:57PM STOX50 5047.3 5024 5015 4983 5062 5061 5075 5092 5047 Success
11:12:08PM GERMANY 18736 Success
11:14:24PM US500 5322.7
11:22:23PM DOW 39884.5
11:25:19PM NASDAQ 18718
11:30:58PM JAPAN 38920

 

21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of 0.05%. Total value traded through LSE was: £ 4,472,630,359 a change of -22.38%
17/05/2024 FTSE Closed at 8420 points. Change of -0.21%. Total value traded through LSE was: £ 5,762,302,042 a change of 1.63%
16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:IQE IQE** **

********

Updated charts published on : AFC Energy, Avacta, Astrazeneca, Foxtons, Gulf Keystone, Hargreaves Lansdown, IQE,


LSE:AFC AFC Energy Close Mid-Price: 21.25 Percentage Change: -1.16% Day High: 22 Day Low: 21.3

Further movement against AFC Energy ABOVE 22 should improve acceleration ……..

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LSE:AVCT Avacta Close Mid-Price: 41.75 Percentage Change: -3.36% Day High: 42.75 Day Low: 41.5

Continued weakness against AVCT taking the price below 41.5 calculates as ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 12364 Percentage Change: + 2.22% Day High: 12440 Day Low: 12134

All Astrazeneca needs are mid-price trades ABOVE 12440 to improve acceler ……..

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LSE:FOXT Foxtons. Close Mid-Price: 70.6 Percentage Change: + 2.02% Day High: 70.8 Day Low: 68.2

In the event of Foxtons enjoying further trades beyond 70.8, the share sh ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 142.1 Percentage Change: + 3.50% Day High: 143.1 Day Low: 136.3

In the event of Gulf Keystone enjoying further trades beyond 143.1, the s ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 932.8 Percentage Change: + 4.15% Day High: 944.6 Day Low: 888

Target met. Continued trades against HL. with a mid-price ABOVE 944.6 sho ……..

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LSE:IQE IQE Close Mid-Price: 34.55 Percentage Change: -4.43% Day High: 37 Day Low: 34.45

In the event of IQE enjoying further trades beyond 37, the share should e ……..

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*** End of “Updated Today” comments on shares

We like Marlowe Plc and GOLD, a reminder! (LSE:MRL)(PM:XAUUSD) at around 536p/2429 currently.

#Marlowe #Gold  Last month when we reviewed Gold, we gave an immediate target of 2480 dollars with our secondary, if bettered, at $2500. We noticed the metal surged upward again on Monday, reaching 2450. It’s certainly in the ballpark of where conventional market behaviour would anticipate some hesitation but once again, we shall reiterate our warning where we don’t expect the markets to hand out the free gift of a short position by the $2500 level. It will therefore prove wise to watch for the metal being “gapped up” as this shall imply the market retains ambitions above $2500. Already, it started this week being gapped up by 6 dollars at the market open, so we’re already understandably curious.

 

 

From watching Clarkson’s Farm, Jeremy continues to display a fond affection for Government regulations, along with Health & Safety rules.  In probably every industry (except politics),  the plethora of self justifying rules from government make life difficult and it’s no surprise this has given birth to specialist companies such as Marlowe, describing themselves as providing a broad range of compliance software and services in areas which pose a high risk for businesses. It’s easy to regard this new compliance industry as filling a niche market, thanks to government interference, but unsurprisingly, many folk in farming, building, oil, woodwork – in fact any industry with a manual labour presence – concede regulations do have positive effects. It was once the case where it was virtually impossible to gather a bunch of folk together for a tea break and not notice several missing fingers, walking with limps, or sporting scars. It was simply accepted as a risk of the job but nowadays, it’d be difficult to spot these type of injuries as they are thankfully no longer common.

Once, I managed to insert myself into a major fire in a motor trade outlet. I was at their parts department, working out a stock control system, and the job felt it was going to last forever. As a result, now on first name terms with everyone, when an apprentice called Kevin appeared at the workshop hatch and yelled “Welding Plant”, in the absence of the parts department staff I wandered over to explain everyone was out, some collecting parts, some skiving doing the lunch run to a local cafe.

“Tommy sent me round for the Oxyacetylene trolley,” he said. I was aware of the rules and decided to help out, signing the plant out and noting down the job number. When the manager appeared, I advised him of the only interesting thing which had happened, receiving a thanks in return.

And then all hell broke loose, lots of shouting, lots of people running. Being a young curious moron, it obviously made sense to try and find what was going on and a glance into the workshop showed a vista of hell. A yellow vehicle, a Lotus I think, was on fire, suspended on a car ramp. Burning fuel was flowing downward, around the welding plant, and making its was along a shallow drain, common in workshops to trap oil. The workshop manager appeared, asking me to ensure someone had called the Fire Brigade. So I ran round to the petrol station and used the phone in the shop, unfortunately not knowing the full address but the 999 operator was confident the fire units would find the rather well known dealership. She even intoned the company advertising jingle, such was her confidence.

Returning to the workshops, everyone was enjoying the view of cars going up like firecrackers, a total of 7 vehicles being destroyed. It transpired Tommy the mechanic had decided to join the lunch run to the cafe, using his car rather than letting the parts department gofer walk. Kevin, the apprentice, got bored waiting and decided he could apply sufficient heat to a seized joint on Lotus suspension, the fibre class car deciding it didn’t like naked flames. And while all hell was breaking loose, no-one thought to turn off the petrol pumps as we were all entranced by the sound of fire engines coming closer, then getting further away as they circled the garage like seagulls waiting for food to drop. All things considered, no-one was hurt, the gas bottles didn’t explode, and after a few weeks the workshops were back in action.

Nowadays, things are different and I’d probably have found myself in court for giving a 16 year old Oxyacetylene gas bottles. And quite why it didn’t occur to anyone to turn off the petrol pumps remains a puzzle. Perhaps had there been injuries, the legal side of things may have kicked in but apparently, every single customers first words on hearing of the disaster to their car was along the lines of “is everyone okay?” Times have changed and mostly for the better as that garage would now do fire drills, have emergency procedures, proper fire fighting equipment and a head count. The initial panic among the spectators when Tommy couldn’t be seen was quickly calmed, when he drove up with lunch. This workshop had a Fire Extinguisher corner, along with a hose. Due to the fire, it was ironic neither could be reached.

In other words, there’s definitely ample justification for a company like Marlowe and their share price is showing early signals it may be about to do something useful.

 

Traditionally, we like Gap Downs followed by a Gap Up and Marlowe appear to have achieved an (almost) textbook example. The initial Gap Down in November last year breached the immediate Red uptrend. And then, in February this year, the Gap Up breached the share price downtrend in Blue. Typically, we get quite excited with a confirmed GaGa movement and this one is so perfect we almost distrust it.

If we’re strict, we’re supposed to breathlessly announce above 577p should now trigger movements to an initial 726p with secondary, if bettered, at a future impressive 916p. In fact, our in-house conventional GaGa rules say we should safely announce it’s heading to 916p, regardless of trigger levels. Thankfully, we’re cowards and like that workshop fire back in the day, there may be something important we’ve missed. Are the company about to visit Clarkstons Diddly Squat Farm, joining his Local Council and becoming a nationally hated victim of the excellent show on Amazon? For now, we’re inclined to keep an eye on them


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:13:36PM BRENT 8349.4 ‘cess
10:16:30PM GOLD 2425.56 2408 2398 2380 2438 2452 2461 2523 2428 ‘cess
10:18:43PM FTSE 8401.3
10:20:48PM STOX50 5061.5
10:22:47PM GERMANY 18736.7 ‘cess
10:24:48PM US500 5308.7 5302 5296 5286 5315 5322 5329 5344 5316
10:27:22PM DOW 39806 Shambles
11:02:39PM NASDAQ 18656
11:07:18PM JAPAN 39228

 

 

‘cess

 

20/05/2024 FTSE Closed at 8424 points. Change of 0.05%. Total value traded through LSE was: £ 4,472,630,359 a change of -22.38%
17/05/2024 FTSE Closed at 8420 points. Change of -0.21%. Total value traded through LSE was: £ 5,762,302,042 a change of 1.63%
16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:OXIG Oxford Instruments** **

********

Updated charts published on : Fresnillo, Glencore Xstra, Hargreaves Lansdown, IG Group, IQE, Lloyds Grp., Oxford Instruments,


LSE:FRES Fresnillo. Close Mid-Price: 639.5 Percentage Change: + 3.98% Day High: 647.5 Day Low: 628

Target met. Continued trades against FRES with a mid-price ABOVE 647.5 sh ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 501.5 Percentage Change: + 0.91% Day High: 505.6 Day Low: 498.45

Target met. In the event of Glencore Xstra enjoying further trades beyond ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 895.6 Percentage Change: -0.33% Day High: 908.4 Day Low: 893.6

In the event of Hargreaves Lansdown enjoying further trades beyond 908.4, ……..

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LSE:IGG IG Group. Close Mid-Price: 800 Percentage Change: + 0.06% Day High: 802.5 Day Low: 797

Continued trades against IGG with a mid-price ABOVE 802.5 should improve ……..

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LSE:IQE IQE. Close Mid-Price: 36.15 Percentage Change: + 7.91% Day High: 35.95 Day Low: 33

Target met. Continued trades against IQE with a mid-price ABOVE 35.95 sho ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 56.2 Percentage Change: + 1.22% Day High: 56.3 Day Low: 55.68

Further movement against Lloyds Grp. ABOVE 56.3 should improve accelerati ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2480 Percentage Change: + 0.81% Day High: 2560 Day Low: 2440

Target met. Further movement against Oxford Instruments ABOVE 2560 should ……..

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*** End of “Updated Today” comments on shares.

Barclays Plc (LSE:BARC) at around 216 currently.

#ClarksonsFarm #BrentCude  We were watching the Grand Prix from Italy on Sunday, when my wife had the genius suggestion of watching paint dry rather than view the boring race. Obviously, the only thing slower than paint drying is life on a farm, so we opted to catch the new episodes of Clarkson’s Farm. As with the previous series, it proved impossible to watch just a single episode. Instead, Jeremy Clarkson drew us in with the pair of us binge watching 4 hours of Diddly Squat farm. It took the 4th episode with the piglets for my wife to call time, unable to cope with the constant sadness of economics versus animal lives. However, the genius butcher delivering pork sausages said it best; “You get to love them twice, first when they’re alive and again, when you get to sell the meat!”

We’ve saved the next 4 episodes of Clarkson’s Farm for next weekend, when we doubtless give up on watching the procession of the Monaco Grand Prix. Quite why the organisers don’t run qualifying on both the Saturday and Sunday remains a puzzle as it’s the one track where “racing” has become virtually impossible, a background drone to the endless corporate events which dominate the weekend.

 

This, oddly, has quite a lot to do with Barclays. Back in January 2022, the share price closed a session at 217.1p. Last week, it managed to close Tuesday at 217.2p, officially a higher high. Similar to motor racing, this 0.1p difference can prove significant. A difference of 0.1 of a second in qualifying can make all of the difference, whereas during a race, it often doesn’t matter if the car behind is a little bit faster during a single lap as the only thing which counts is the ability to pass the car in front, something almost impossible at Monaco. We find, constantly, the biggest sane indicator on the stock market will be a share price actually closing higher, rather than simply trading higher during a session.

And Barclays, thankfully, by 1/10th of a penny have achieved this. As a result, we’re supposed to continue oozing optimism for this retail bank share.

The immediate situation now suggests movement above 218p should make an attempt at 223.6p with our longer term secondary, if bettered, at 246.6p. All things considered, it makes a lot of visual sense and hopefully world events don’t throw a spanner in the works.

Should Barclays share price opt to treat investors with similar motherly instincts given by Mr Clarkstons pigs to their piglets, below 195p looks like it could be troubling, risking promoting reversal to an initial 181 with secondary, f broken, at a hopeful bottom of 164p.

 

,

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
1:32:46AM BRENT 8378.2 8226 8094 7733 8346 8398 8425 8473 8294
1:37:10AM GOLD 2414.39
1:41:44AM FTSE 8430.9
1:45:21AM STOX50 5069.9
10:44:54PM GERMANY 18719.7 18625 18553 18466 18705 18733 18800 19080 18677
10:49:28PM US500 5305.4
10:51:20PM DOW 40000.5
10:53:36PM NASDAQ 18544.5
10:55:42PM JAPAN 38664

 

17/05/2024 FTSE Closed at 8420 points. Change of -0.21%. Total value traded through LSE was: £ 5,762,302,042 a change of 1.63%
16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:FRES Fresnillo** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **

********

Updated charts published on : Avacta, Fresnillo, IG Group, IQE, Lloyds Grp.,


LSE:AVCT Avacta Close Mid-Price: 43.25 Percentage Change: -0.57% Day High: 43.5 Day Low: 42.5

If Avacta experiences continued weakness below 42.5, it will invariably l ……..

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LSE:FRES Fresnillo. Close Mid-Price: 615 Percentage Change: + 3.36% Day High: 625.5 Day Low: 591.5

Target met. All Fresnillo needs are mid-price trades ABOVE 625.5 to impro ……..

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LSE:IGG IG Group. Close Mid-Price: 799.5 Percentage Change: + 1.01% Day High: 796.5 Day Low: 787.5

All IG Group needs are mid-price trades ABOVE 796.5 to improve accelerati ……..

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LSE:IQE IQE. Close Mid-Price: 33.5 Percentage Change: + 3.88% Day High: 34.25 Day Low: 32.35

Target met. All IQE needs are mid-price trades ABOVE 34.25 to improve acc ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 55.52 Percentage Change: + 0.91% Day High: 55.56 Day Low: 54.96

Continued trades against LLOY with a mid-price ABOVE 55.56 should improve ……..

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*** End of “Updated Today” comments on shares.

Our famed FTSE for FRIDAY (FTSE:UKX)

#FTSE #GOLD  For some reason, since May 10th the FTSE feels like it has decided to stop useful movement. To judge by the immediate uptrend, it looks like we’re supposed to believe everything is about to go wrong, the FTSE piercing the red uptrend line. As always, we’ve got a “however” we can wheel out and and dust off as we’re not entirely convinced by the market hesitation.

With the shambolic UK political situation managing to echo the USA with the none of the leaders or prospective leaders covering themselves in glory, it’s difficult to believe FTSE behaviour can be influenced by political promises and rumours. Perhaps this shall change, once the UK discovers the courage to actually call an election and once this kicks off, it’ll doubtless only be a matter of days before one of the UK protagonists looks at America and comes out with a good idea, building a big wall down the middle of the English Channel or resurrecting some of the WW2 invasion defences on the southern shoreline of the UK…

Whatever the real reason for the current FTSE hiatus, our inclination is to suspect we’re simply watching a “pause for thought” on a market which has underlying upward force. About the biggest danger (aside from world events) faced still looks like Brent Crude wants to retreat to the $77 level. Obviously, should this occur, a knock-on effect against the price of oil sector shares shall doubtless provoke a stall on the FTSE but until oil makes its move downward, we’re not holding our breath.

 

Near term, it feels like above 8471 points should next trigger FTSE growth to an initial 8495 points with our secondary, if bettered, at 8527 points. Should this scenario kick into life, the tightest stop loss level is almost too attractive at just 8450 points.

Our converse scenario is equally tight, reversals below just 8417 risking triggering a drop to an initial 8384 points with our secondary, if broken, at a nearby 8368 points. The close proximity of these target levels suggest some sort of surprise bounce should be expected.

 

As the month continues, one interesting feature is making itself known and that’s the “ruling target” level, a number which has been repeatedly calculated just above the 8600 level. Finally, we managed to retrieve the same answer against several different scenario and it’s giving 8663 points as the overall point of interest on the current cycle, a market level where some volatility can be expected. Hopefully it’s not caused by rioting outside the BBC, when they next televise the newest terrible Dr Who production.

Have a good weekend and enjoy the Grand Prix.

,

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:40:56PM BRENT 8328 8282 8095 7736 8380 8320 8355 8401 8290 ‘cess
10:44:00PM GOLD 2376.01 2371 2361 2349 2384 2399 2407 2426 2380 ‘cess
10:54:06PM FTSE 8423.1 8420 8398 8370 8440 8458 8480 8505 8438 ‘cess
10:57:41PM STOX50 5048.4 5053 5044 5034 5071 5093 5102 5173 5073 ‘cess
11:02:14PM GERMANY 18678.5 18680 18653 18592 18757 18763 18794 18832 18712 ‘cess
11:06:15PM US500 5296 5292 5287 5274 5313 5326 5356 5418 5292
11:08:43PM DOW 39864.5 39844 39814 39733 39980 40057 40084 40164 39965
11:11:54PM NASDAQ 18548 18542 18521 18495 18594 18654 18700 18753 18584
11:13:58PM JAPAN 38539 38525 38400 38208 38635 38641 38684 38738 38575 ‘cess

 

16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of -100%. Total value traded through LSE was: £ 7,799,424,670 a change of 0%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:NG. National Glib** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Foxtons, Hargreaves Lansdown, IG Group, IQE, National Glib, Scottish Mortgage Investment Trust, Standard Chartered,


LSE:FOXT Foxtons Close Mid-Price: 67.2 Percentage Change: -1.75% Day High: 69.6 Day Low: 67

Target met. Further movement against Foxtons ABOVE 70p should improve acce ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 903.2 Percentage Change: + 0.20% Day High: 905.8 Day Low: 880

Target met. All Hargreaves Lansdown needs are mid-price trades ABOVE 905. ……..

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LSE:IGG IG Group. Close Mid-Price: 791.5 Percentage Change: + 0.38% Day High: 794.5 Day Low: 789

Further movement against IG Group ABOVE 794.5 should improve acceleration ……..

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LSE:IQE IQE Close Mid-Price: 32.25 Percentage Change: -0.15% Day High: 33.25 Day Low: 31.65

Further movement against IQE ABOVE 33.25 should improve acceleration towa ……..

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LSE:NG. National Glib. Close Mid-Price: 1142.5 Percentage Change: + 0.53% Day High: 1144.5 Day Low: 1133.5

All National Glib needs are mid-price trades ABOVE 1144.5 to improve acce ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 894.6 Percentage Change: -0.25% Day High: 901.6 Day Low: 891

Further movement against Scottish Mortgage Investment Trust ABOVE 901.6 s ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 785.8 Percentage Change: + 1.50% Day High: 796 Day Low: 772.8

Target met. All Standard Chartered needs are mid-price trades ABOVE 796 t ……..

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*** End of “Updated Today” comments on shares

Genedrive Plc (LSE:LGEN) at around 1.95 currently and close to bottom?

#Brent #Gold  Before launching into a diatribe about Genedrive in answer to a few emails, her in Argyll a surprise awaited when the bedroom curtains were opened. A massive cruise liner was parked outside, languishing in the grey and miserable weather. We often get mini cruise ships but the ship photographed below was big but thankfully not of the design which reminds of 1970’s council flats, just tarted up garishly to look modern, usually sprouting unlikely tubes which passengers use to convey themselves from one swimming pool to another lower deck pool. The ship outside was for another type client as it was called ‘Spirit of Adventure’ from Saga. And to underline the cliché of the visit, the passengers were visiting a local botanical garden and estate.

It certainly appears the cruise industry is back at work, so we shall issue an update on Carnival (LSE:CCL) next week as this was maybe an omen. This monster arrived silently, spent the day, and left silently on the outgoing tide.

 

A few years ago, when we reviewed Genedrive, somehow or other we plucked a share price of 41p out of the ether, suggesting if the share managed to close a session below 41p, trouble probably lay ahead. This was a shame, especially as the company make and sell real products, rather than being in the pharmaceutical speculation industry with values based entirely on whatever investors think on any given day. But in September 2021, the price indeed closed below 41p, opening an arithmetic argument which didn’t foresee a great future.

The situation now is a little bit troubling as the Big Picture allows for a share price bottom at just 1.49p, a target level the share price has floated above during the most recent four sessions. We can express a vague hope of a bounce being due, if only because price movements have not hit our projected “ultimate bottom” of 1.49p and perhaps this gives the potential of a bounce anytime soon. We’re not exactly oozing confident, thinking the share price is a candidate for the market to discover an excuse to gap it up one day at the open, ideally above 3p, as this has the potential to start some real recovery.

We’d certainly advocate some caution with the target numbers we’re about to present as the visuals don’t suggest taking any rise seriously until the price exceeds the Blue downtrend on the chart. Currently, this line is at 5.5p, substantially above our theoretical trigger level of 3p.

And so, without further hesitation, our software is currently hinting above 3p should head for an initial target level at 8.8p. Our longer term secondary is being presented at 11.8p, along with a warning to anticipate some hesitation at such a target level. While we do have targets above such a point, we think it would be wisest to revisit the share and analyse what’s happened, rather than believe the current near 10 fold gain shall prove an accurate prediction. While our software doesn’t have a sense of humour, we’ve learnt to take sizeable gain potentials with caution. But strangely, when we’re talking about drops, things can prove quite accurate.

For now, Genedrive Plc appear worth keeping an eye on.

,

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:05:37PM BRENT 8275.9 8095 8086 7966 8200 8296 8365 8455 8248 ‘cess
11:08:36PM GOLD 2387.95 2352 2341 2324 2374 2391 2399 2409 2377 Success
11:11:31PM FTSE 8423.2 ‘cess
11:13:43PM STOX50 5097.8 ‘cess
11:15:40PM GERMANY 18889.3
11:18:09PM US500 5308.6 ‘cess
11:22:02PM DOW 39894.5 Success
11:26:03PM NASDAQ 18607 ‘cess
11:28:45PM JAPAN 38739 ‘cess

 

15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of -100%. Total value traded through LSE was: £ 6,519,396,072 a change of 0%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:CAR Carclo** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:NWG Natwest** **

********

Updated charts published on : Carclo, Experian, Foxtons, Gulf Keystone, Glencore Xstra, Hargreaves Lansdown, International Distribution, IG Group, IQE, Lloyds Grp., National Glib, Natwest,


LSE:CAR Carclo. Close Mid-Price: 14.5 Percentage Change: + 11.54% Day High: 15 Day Low: 13.1

Further movement against Carclo ABOVE 15 should improve acceleration towa ……..

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LSE:EXPN Experian. Close Mid-Price: 3752 Percentage Change: + 8.13% Day High: 3796 Day Low: 3602

Target met. Further movement against Experian ABOVE 3796 should improve a ……..

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LSE:FOXT Foxtons. Close Mid-Price: 68.4 Percentage Change: + 0.59% Day High: 69 Day Low: 68

All Foxtons needs are mid-price trades ABOVE 69 to improve acceleration t ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 130.2 Percentage Change: -3.91% Day High: 140.4 Day Low: 130.6

Continued trades against GKP with a mid-price ABOVE 140.4 should improve ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 487.9 Percentage Change: -0.93% Day High: 498.9 Day Low: 485.55

Continued trades against GLEN with a mid-price ABOVE 498.9 should improve ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 901.4 Percentage Change: + 2.78% Day High: 897.4 Day Low: 872.8

Further movement against Hargreaves Lansdown ABOVE 897.4 should improve a ……..

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LSE:IDS International Distribution. Close Mid-Price: 314.8 Percentage Change: + 15.99% Day High: 335 Day Low: 271.2

Target met. Further movement against International Distribution ABOVE 335 ……..

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LSE:IGG IG Group. Close Mid-Price: 788.5 Percentage Change: + 1.15% Day High: 790.5 Day Low: 782

In the event of IG Group enjoying further trades beyond 790.5, the share ……..

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LSE:IQE IQE. Close Mid-Price: 32.3 Percentage Change: + 1.25% Day High: 33 Day Low: 31.75

In the event of IQE enjoying further trades beyond 33, the share should e ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 54.5 Percentage Change: -0.07% Day High: 54.8 Day Low: 54.26

All Lloyds Grp. needs are mid-price trades ABOVE 54.8 to improve accelera ……..

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LSE:NG. National Glib. Close Mid-Price: 1136.5 Percentage Change: + 1.52% Day High: 1140.5 Day Low: 1123.5

Continued trades against NG. with a mid-price ABOVE 1140.5 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 326.4 Percentage Change: + 0.87% Day High: 328.1 Day Low: 325.1

Target met. In the event of Natwest enjoying further trades beyond 328.1, ……..

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*** End of “Updated Today” comments on shares