#Brent #SP500 An interesting aspect of looking across to the mainland has been a sense of relief. Watching the media during the early days of Covid-19, we expected to witness a never ending stream of emergency vehicles rushing patients to hospital but, the road along the shoreline remained thankfully empty of ambulances driving fast. This year, with the motorcycle season upon us, it’s quite a different story with fast moving blue light ambulances now a daily occurrence. Equally, looking across, there’s been a complete lack of rioting aside from the occasional bad tempered growl of a revving engine as a motorist escapes from the larcenous fees charged by the ferry company for a short crossing!
The riot thing isn’t entirely a joke, due to an addiction to getting news from anywhere other than heavily biased UK sources. Across Europe and the USA, there’s a general belief “The UK Had Fallen”, even with some American outlets warning fliers against stop-overs in the UK in case their name comes up on a database of people who’ve written the wrong thing on Twitter or Facebook. Hopefully it’s all ridiculous but as a Twitter addict, it became sensible to self police any comments about UK PM, Sir Starmer. But, from a US perspective, there’s real horror about what’s going on in the UK, making us expect to see raging riots across the narrow strip of sea to the mainland.
This brings us quite neatly to Natwest, a share price which is supposed to be doing something, yet in real life it isn’t happening.
When we reviewed Natwest a month ago, we’d given a target of 377p yet, in real life, it only managed to discover a route to 372p before sharply falling back, presumably due to being parked for the month of August. This has created an interesting situation, one which will doubtless become possible in September, where movement above 372.5p should promote further growth to an initial 387 with our longer term secondary, if this initial is beaten, calculating at 413p. Or perhaps even 431p, thanks to the manipulation gaps.
If Natwest decides to follow the route of the Lemming, below 310p now risks proving troubling movement Below such a level risks triggering reversals down to an initial 270p with our secondary, if broken, at a bottom (hopefully) of 232p. To be “safe”, we’d prefer seeing the share price actually close below 310p before pressing an alarm buzzer. Our suspicion remains of the market expecting Natwest to head upward but with no immediate dramatics.
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FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 10:17:14PM | BRENT | 7913 | 7830 | 7762 | 7694 | 7980 | 8230 | 8541 | 8888 | 8041 |
| 10:21:35PM | GOLD | 2506.21 | 2498 | |||||||
| 10:25:33PM | FTSE | 8302 | 8329 | |||||||
| 10:40:50PM | STOX50 | 4851.9 | 4841 | |||||||
| 10:47:51PM | GERMANY | 18347.7 | 18301 | |||||||
| 10:53:12PM | US500 | 5565.8 | 5514 | 5493 | 5467 | 5544 | 5570 | 5580 | 5602 | 5547 |
| 10:56:05PM | DOW | 40714.5 | 40642 | |||||||
| 10:58:32PM | NASDAQ | 19563.5 | 19480 | |||||||
| 11:01:34PM | JAPAN | 37975 | 37824 |
16/08/2024 FTSE Closed at 8311 points. Change of -0.43%. Total value traded through LSE was: £ 3,973,574,909 a change of -9.98%
15/08/2024 FTSE Closed at 8347 points. Change of 0.8%. Total value traded through LSE was: £ 4,413,998,964 a change of 1.84%
14/08/2024 FTSE Closed at 8281 points. Change of 0.56%. Total value traded through LSE was: £ 4,334,159,938 a change of 16.54%
13/08/2024 FTSE Closed at 8235 points. Change of 0.3%. Total value traded through LSE was: £ 3,719,074,811 a change of -40.15%
12/08/2024 FTSE Closed at 8210 points. Change of 0.51%. Total value traded through LSE was: £ 6,213,997,853 a change of 45.06%
9/08/2024 FTSE Closed at 8168 points. Change of 0.29%. Total value traded through LSE was: £ 4,283,759,175 a change of -11.55%
8/08/2024 FTSE Closed at 8144 points. Change of -0.27%. Total value traded through LSE was: £ 4,843,015,012 a change of -1.4% 
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:AML Aston Martin** **LSE:CPI Capita** **LSE:IGG IG Group** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **
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Updated charts published on : Aston Martin, Capita, IG Group, Rolls Royce, Tesco,
LSE:AML Aston Martin Close Mid-Price: 143.1 Percentage Change: -0.42% Day High: 149 Day Low: 144
Above 156p now looks capable of a visit to an initial 162 with our seconda ……..
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View Previous Aston Martin & Big Picture ***
LSE:CPI Capita Close Mid-Price: 17.82 Percentage Change: -0.22% Day High: 18.08 Day Low: 17.8
This could prove interesting as above 21p has the potential of a lift to a ……..
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View Previous Capita & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 964.5 Percentage Change: -0.05% Day High: 970.5 Day Low: 960.5
In the event of IG Group enjoying further trades beyond 970.5, the share ……..
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View Previous IG Group & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 501 Percentage Change: -0.40% Day High: 504.6 Day Low: 498
Further movement against Rolls Royce ABOVE 504.6 should improve accelerat ……..
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View Previous Rolls Royce & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 341.2 Percentage Change: + 0.00% Day High: 342.3 Day Low: 339.7
Continued trades against TSCO with a mid-price ABOVE 342.3 should improve ……..
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View Previous Tesco & Big Picture ***