FTSE this week. #FTSE #BRENT #NASDAQ Friday 3rd experienced one of the more artificial days on the market with the financial volume through London a cool 69% lower than the previous day, broadly down 2/3 from normal levels. Have we mentioned it’s August?
We never expect this month to make any real sense and it’s only taken the first three days to suggest we’re facing another August with some truly irrational movements.
To cut to the chase, our suspicion is the market still intends reach 7396 points, perhaps (ideally) a bottom at 7360 where a bounce can be hoped. The fact it recently bounced at our notional 7550 shall likely prove a detail in this gloomy outlook as it now feels very like anything now below 7550 shall make an attempt at an initial 7396 points. To kibosh the prospect entirely, the index needs better 7775 (blue) presently.
Of slight interest is a fairly near term prospect as, should the index exceed 7678 points, we’re looking for growth to an initial 7735 points. Secondary, if exceeded, comes along at 7760 along with a challenge of the BLUE line on the chart. If triggered, stop can be at 7607 – or if feeling absurdly brave, 7628 points.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
10:23:27PM |
BRENT |
73.38 |
72.49 |
71.14 |
68.35 |
73.7 |
73.7 |
74.385 |
75.23 |
72.49 |
||
|
10:34:49PM |
GOLD |
1214 |
||||||||||
|
10:38:15PM |
FTSE |
7681.65 |
‘cess |
|||||||||
|
10:42:08PM |
FRANCE |
5496 |
||||||||||
|
10:44:05PM |
GERMANY |
12651 |
||||||||||
|
10:46:05PM |
US500 |
2841.62 |
||||||||||
|
10:48:42PM |
DOW |
25458.7 |
‘cess |
|||||||||
|
10:51:23PM |
NASDAQ |
7398.78 |
7197 |
7098.5 |
6995 |
7293 |
7409 |
7423 |
7462 |
7320 |
||
|
10:53:51PM |
JAPAN |
22544 |
3/08/2018 FTSE Closed at 7659 points. Change of 1.11%. Total value traded through LSE was: £ 3,179,276,502 a change of -67.69%
2/08/2018 FTSE Closed at 7575 points. Change of -1.01%. Total value traded through LSE was: £ 9,840,475,514 a change of -1.02%
1/08/2018 FTSE Closed at 7652 points. Change of -1.24%. Total value traded through LSE was: £ 9,941,905,370 a change of 85.64%
31/07/2018 FTSE Closed at 7748 points. Change of 0.62%. Total value traded through LSE was: £ 5,355,409,774 a change of 3.16%
30/07/2018 FTSE Closed at 7700 points. Change of -0.01%. Total value traded through LSE was: £ 5,191,373,123 a change of -6.91%
27/07/2018 FTSE Closed at 7701 points. Change of 0.5%. Total value traded through LSE was: £ 5,576,810,683 a change of -9.57%
26/07/2018 FTSE Closed at 7663 points. Change of 0.07%. Total value traded through LSE was: £ 6,167,111,078 a change of 1.99% 
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:CPI Capita** **LSE:EME Empyrean** **LSE:IPF International Personal Finance** **LSE:NIPT Premaltha** **LSE:RBS Royal Bank Scot** **LSE:RR. Rolls Royce** **
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Updated charts published on : Capita, Empyrean, International Personal Finance, Premaltha, Royal Bank Scot, Rolls Royce,
LSE:CPILSE:CPI Capita. Close Mid-Price: 132.9 Percentage Change: + 0.16% Day High: 640 Day Low: 632
Target Met. This is not great. Movement now below 125 caculates with a cyc ……..
View Previous Capita & Big Picture ***
LSE:EME Empyrean Close Mid-Price: 7.62 Percentage Change: -14.33% Day High: 9.75 Day Low: 7.62
2017=17
While allegedly miracles above 9.75p indicate 10.75 next with secondary, i ……..
View Previous Empyrean & Big Picture ***
LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 249.6 Percentage Change: + 1.63% Day High: 254.6 Day Low: 248
2018=18
Now above 255 suggests near term traffic to 258 and a probable stutter. On ……..
View Previous International Personal Finance & Big Picture ***
LSE:NIPTLSE:NIPT Premaltha. Close Mid-Price: 10.12 Percentage Change: + 10.05% Day High: 10.3 Day Low: 9.2
2017=126
With movement now above 10.3p, this still entertains the possibility of 12 ……..
View Previous Premaltha & Big Picture ***
LSE:RBSLSE:RBS Royal Bank Scot. Close Mid-Price: 257.8 Percentage Change: + 5.39% Day High: 88 Day Low: 83.5
2018=7
It appears anything now above 260 should attempt 262p next, fairly useless ……..
View Previous Royal Bank Scot & Big Picture ***
LSE:RR.LSE:RR. Rolls Royce. Close Mid-Price: 1099.5 Percentage Change: + 3.92% Day High: 1104.5 Day Low: 1062.5
2018=23
Bettering 1105 remains with the fairly useful ambition of 1160 next. If ex ……..
View Previous Rolls Royce & 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:DGE Diageo** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **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:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **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:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **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!
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