Trends and Targets for 20/07/2018

FTSE FOR FRIDAY (FTSE:UKX) #GOLD #NASDAQ Since the start of July, the #FTSE has remained flatlining – if a line 150 points wide can be called flat. So far, six cycles with “Approaching 7550 – go LONG or approaching 7700 – go SHORT” have taken place. Generally, the market will want all gains back!

The immediate situation of above 7705 indicating the potential of growth to an initial 7745 points. Our secondary, if such a point bettered, now calculates at 7870. It appears, if triggered, stop needs be rather wide at 7600 (at tightest!)

However, the market is lurking with hesitation just below the 7700 level and we’d be curious with any near term traffic below 7650 as a trip to 7610 looks viable. If broken, secondary comes in at 7562 points. It does not escape our notice this would retain the FTSE pretty comfortably within the current flat line.

We’ve an in-house mantra which is usually correct; “if it ain’t goin’ down, it’s goin’ up”. For the FTSE, just about every signal has been demanding the index slump to 7360 points. We’re probably not the only folk who’ve noticed this has failed to materialise. This situation now is we shall only believe a surge downward is coming if the market actually makes it below our 7562 points.

Chart goes here

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

9:56:08PM

BRENT

72.59

‘cess

10:10:56PM

GOLD

1223.12

1215

1209

1197

1227

1227

1230.5

1237

1220

‘cess

10:12:51PM

FTSE

7680.6

10:15:13PM

FRANCE

5417.5

10:17:14PM

GERMANY

12684

‘cess

10:19:27PM

US500

2804.62

‘cess

10:21:25PM

DOW

25075

‘cess

10:24:50PM

NASDAQ

7353

7342

7322

7289

7386

7393

7408

7430

7342

10:26:49PM

JAPAN

22713

 

19/07/2018 FTSE Closed at 7684 points. Change of 0.1%. Total value traded through LSE was: £ 6,333,565,850 a change of 7.85%
18/07/2018 FTSE Closed at 7676 points. Change of 0.66%. Total value traded through LSE was: £ 5,872,564,247 a change of -0.15%
17/07/2018 FTSE Closed at 7626 points. Change of 0.34%. Total value traded through LSE was: £ 5,881,481,055 a change of 19.07%
16/07/2018 FTSE Closed at 7600 points. Change of -0.8%. Total value traded through LSE was: £ 4,939,520,492 a change of -7.42%
13/07/2018 FTSE Closed at 7661 points. Change of 0.09%. Total value traded through LSE was: £ 5,335,259,467 a change of -14.51%
12/07/2018 FTSE Closed at 7654 points. Change of 0.83%. Total value traded through LSE was: £ 6,240,611,480 a change of -2.23%
11/07/2018 FTSE Closed at 7591 points. Change of -1.31%. Total value traded through LSE was: £ 6,383,168,183 a change of 6.72%

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:DGE Diageo** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:LMI LonMin** **LSE:RED REDT** **LSE:SHP Shire** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **

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Updated charts published on : Diageo, Foxtons, Hikma, Hargreaves Lansdown, LonMin, REDT, Shire, Thomas Cook Group, Tullow,


LSE:DGELSE:DGE Diageo. Close Mid-Price: 2856 Percentage Change: + 0.62% Day High: 2865.5 Day Low: 2827

2018=35

Now above 2866 and a cycle toward 2917p looks viable. Secondary calculates ……..

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View Previous Diageo & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 44.75 Percentage Change: -3.03% Day High: 47.45 Day Low: 44.65

2018=35

Target Met. We’ve a fairly big rule which asks for a bounce around this po ……..

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View Previous Foxtons & Big Picture ***


LSE:HIKLSE:HIK Hikma. Close Mid-Price: 1548 Percentage Change: + 4.91% Day High: 1555 Day Low: 1474.5

2018=14

From the point at which this closed, it appears moves now above 1555 shall ……..

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View Previous Hikma & Big Picture ***


LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 2120 Percentage Change: + 0.47% Day High: 2137 Day Low: 2099

2018=18

The situation now is of growth bettering 2137 entering a cycle to 2148p ne ……..

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View Previous Hargreaves Lansdown & Big Picture ***


LSE:LMI LonMin Close Mid-Price: 37.88 Percentage Change: -1.61% Day High: 39.4 Day Low: 37

2018=70

Target Met. Any near term bounce capable of bettering 41 is supposed to ch ……..

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View Previous LonMin & Big Picture ***


LSE:RED REDT Close Mid-Price: 4.65 Percentage Change: -0.53% Day High: 4.67 Day Low: 4.6

2018=23

This is pretty grim as below 4.6 looks like 4.05 with some bounce potentia ……..

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View Previous REDT & Big Picture ***


LSE:SHPLSE:SHP Shire. Close Mid-Price: 4444.5 Percentage Change: + 0.92% Day High: 4452.5 Day Low: 4380.5

2018=14

Moves now bettering 4453 confirm this on a path to 4535 next. Secondary, i ……..

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View Previous Shire & Big Picture ***


LSE:TCG Thomas Cook Group Close Mid-Price: 98.05 Percentage Change: -3.30% Day High: 101 Day Low: 96.55

2018=35

This has gotten twitchy as below 96 suggests continued weakness will doubt ……..

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View Previous Thomas Cook Group & Big Picture ***


LSE:TLW Tullow Close Mid-Price: 218.1 Percentage Change: -0.41% Day High: 220 Day Low: 211.2

2018=10

Target Met. Despite breaking our 212, we shall be interested should this n ……..

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View Previous Tullow & Big Picture ***


*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

 

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