#Brent #Dax As expected, Monaco provided a boring race, albeit one with plenty of entertainment of around 1/4 of the drivers penalised for speeding in the pit lane, along with a few of them hitting walls. Eventually a reasonable bump provided a Red flag, stopping the race and producing 7 laps of pretend racing, the drivers unable to pass the car in front. Which is the big problem with Monaco but we’ve learned the sneaky way to make the event tolerable. Record it, then watch on Fast Forward. Unfortunately, we cannot do this Retail Banking Sector share prices but, gosh, we wish we could.
Nine sessions ago NatWest share price broke through this years Blue downtrend. In the period since, NatWest share prices have “done a Monaco”, their share price exploring a fascinating 10p range of closing prices while it effectively has done nothing. For a share flirting with the 6 quid level, a 10p range of prices failed to give any sort of reasonable Risk/Reward for traders. The share price is “supposed” to be heading upward, hesitation doubtless being blamed on the Iran thing. Or perhaps the Lebanon thing. Our suspicion, once the various “things” are cleared up, is for NatWest to hopefully explode into life, accelerating upward faster than a projectile fired from Beirut.
It appears, given this tedious flatline behaviour, that movement next above 604.5p should ‘reliably’ trigger gains to an initial 622 with our secondary, if bettered, a very probable 631p. Visually, there are three arguments favouring some hesitation at such a level but closure above 631p shall be viewed as significant for the longer term, theoretically triggering a future 682p and a challenge against a Light Blue downtrend which dates back to 2008.
For things to go wrong, below 553p would be a bad thing, risking a visit to 506p with our secondary, if broken an unlikely 438p. Our inclination is toward optimism for this share.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 2:15:54AM | BRENT | 9210.4 | 9276 | 8993 | 8710 | 9407 | 9512 | 9650 | 9804 | 9400 |
| 2:59:52AM | GOLD | 4328.3 | ||||||||
| 3:11:23AM | FTSE | 10334.6 | ||||||||
| 9:57:45PM | STOX50 | 6012.5 | ||||||||
| 10:00:27PM | GERMANY | 24570.8 | 24504 | 24463 | 24276 | 24704 | 24868 | 24978 | 25136 | 24758 |
| 10:03:10PM | US500 | 7357.3 | ||||||||
| 10:05:45PM | DOW | 50746 | ||||||||
| 10:27:41PM | NASDAQ | 28780 | ||||||||
| 10:33:28PM | JAPAN | 63827 |
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:AV. Aviva** **LSE:RKH Rockhopper** **LSE:SBRY Sainsbury** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Aston Martin, Aviva, Rockhopper, Sainsbury, Zoo Digital,
LSE:AML Aston Martin. Close Mid-Price: 41.12 Percentage Change: + 0.00% Day High: 0 Day Low: 0
As a constructor doing better than Cadillac in this years F1 championship, ……..
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View Previous Aston Martin & Big Picture ***
LSE:AV. Aviva. Close Mid-Price: 603.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Below 600 risks promoting reversal to an initial 587 with our secondary, i ……..
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View Previous Aviva & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 72.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued weakness against RKH taking the price below 71.7p calculates as ……..
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View Previous Rockhopper & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 300.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Below 294 risks a visit to 280 with our secondary, if broken, at 254 and p ……..
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View Previous Sainsbury & Big Picture ***
LSE:ZOO Zoo Digital. Close Mid-Price: 12.25 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Moves above 13.3 should trigger a nod in the direction of 14.25 with our s ……..
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View Previous Zoo Digital & Big Picture ***