Trends and Targets for 17/08/2018

FTSE FOR FRIDAY (FTSE:UKX) We missed last weeks “FTSE” article, due entirely to human error. Or to express it correctly, someone forgot what day of the week it was! However, it’s time for another stab at our popular Friday thing.

Pretty broadly speaking, the UK index continues to feel rather limp and now, it appears below 7497 should anticipate some travel down to an initial 7416 points. And if broken, secondary calculates at 7360 points. While there was the appearance of effort being employed to stop the drop during Thursday, the reality is the index needs above 7565 to reduce the drop prospects on the immediate cycle.

In normal circumstances, we’d be comfortable the market is finally about to execute its drop to 7360 but there’s a bit of a question mark hovering above the argument. Perhaps it’s a new thing for August but markets and shares are tending display some strange movement characteristics and when we apply them to the FTSE, the near term scenario appears to be of growth bettering 7565 wanting to attempt an initial 7587 points. If bettered, secondary calculates at 7624 points.

Neither ambition is particularly life changing but the stop can be 7529 at its tightest, giving a fairly reasonable risk/reward balance.

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

10:26:53PM

BRENT

71.47

70.7

69.695

68.25

71.65

71.64

71.985

72.5

70.75

10:32:11PM

GOLD

1174.79

‘cess

10:34:35PM

FTSE

7554.83

10:36:50PM

FRANCE

5344.5

5291

5274

5243

5345

5357

5376.5

5409

5321

10:39:28PM

GERMANY

12240.33

‘cess

10:41:19PM

US500

2843.07

Success

10:43:42PM

DOW

25583

Success

10:45:58PM

NASDAQ

7374.22

Success

10:49:42PM

JAPAN

22288

Success

16/08/2018 FTSE Closed at 7556 points. Change of 0.79%. Total value traded through LSE was: £ 6,163,458,056 a change of -7.57%
15/08/2018 FTSE Closed at 7497 points. Change of -1.5%. Total value traded through LSE was: £ 6,668,537,339 a change of 18.15%
14/08/2018 FTSE Closed at 7611 points. Change of -0.41%. Total value traded through LSE was: £ 5,644,123,716 a change of 21.53%
13/08/2018 FTSE Closed at 7642 points. Change of -0.33%. Total value traded through LSE was: £ 4,644,175,815 a change of -12.56%
10/08/2018 FTSE Closed at 7667 points. Change of -0.96%. Total value traded through LSE was: £ 5,311,037,680 a change of 2.17%
9/08/2018 FTSE Closed at 7741 points. Change of -0.45%. Total value traded through LSE was: £ 5,198,020,570 a change of -5.35%
8/08/2018 FTSE Closed at 7776 points. Change of 0.75%. Total value traded through LSE was: £ 5,491,644,452 a change of -5.04%

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:AV. Aviva** **LSE:BLVN Bowleven** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:LLOY Lloyds Grp.** **LSE:VOG VICTORIA** **

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Updated charts published on : Aviva, Bowleven, Hikma, Hargreaves Lansdown, Lloyds Grp., VICTORIA,


LSE:AV. Aviva Close Mid-Price: 482.5 Percentage Change: -0.82% Day High: 486 Day Low: 479.2

2018=70

Share price weakness continuing below 479 tends suggest travel to 465 wher ……..

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View Previous Aviva & Big Picture ***


LSE:BLVN Bowleven Close Mid-Price: 30.5 Percentage Change: -10.29% Day High: 30.9 Day Low: 25.35

2018=70

Target Met or near enough as movement below 25 now indicates 21 next with ……..

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View Previous Bowleven & Big Picture ***


LSE:HIKLSE:HIK Hikma. Close Mid-Price: 1775 Percentage Change: + 1.72% Day High: 1846 Day Low: 1776.5

2018=14

Target Met. This appears to be embracing a set of big picture movements, s ……..

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View Previous Hikma & Big Picture ***


LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 2153 Percentage Change: + 1.27% Day High: 2160 Day Low: 2123

2018=18

The situation remains of moves now exceeding 2160 suggesting 2217 initiall ……..

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View Previous Hargreaves Lansdown & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 60.1 Percentage Change: -0.61% Day High: 60.35 Day Low: 59.41

2018=23

Ongoing dribbles below 59.4p remain pointing at 58.4p with some rebound po ……..

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View Previous Lloyds Grp. & Big Picture ***


LSE:VOGLSE:VOG VICTORIA. Close Mid-Price: 32.67 Percentage Change: + 3.24% Day High: 33.4 Day Low: 32

2018=70

This is getting slightly interesting as # above 34 suggests coming movemen ……..

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View Previous VICTORIA & 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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **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:DGE Diageo** **LSE:EME Empyrean** **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: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:LMI LonMin** **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:RED REDT** **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: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: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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