Trends and Targets for 20/08/2018

FTSE THIS WEEK (FTSE:UKX #DAX #BRENT )  Oddly, for August last week started to give some hope as market gross values traded started to move upward slightly. Equally, many shares appeared taking an interest in life. Until Friday, of course, when boredom kicked the doors down.

Gross value traded again dropped below the 5 Billion Pound figure and the market experienced a day which was, essentially, a waste of everyones time. It makes us envy France, where Paris is essentially on holiday for the entire month of August and substantially less effort is wasted trying to pretend things are normal.

Alternately, if could really be the case the FTSE actually intends use the final full week of this month to actually fall to our much mentioned 7360 points. Visually, the final tell tale should be weakness now below 7477 proving difficult to recover from as 7360 parades magnetically around further down the food chain. Longer term, it is probably worth wondering what happens if 7360 breaks?

In such a scenario, a further drop cycle to 7120 points looks viable.

While we’re in the mood to berate Friday’s performance, the market (briefly) managed above 7565 just after 9am. In theory, this was supposed to lift the FTSE away from the immediate droop cycle to 7360 but instead, after just eight minutes, the rise was reversed in a mood swing which drop the index to a day low of 7514 points. It has created an unrealistic situation where once again we are supposed to below above 7565 removes the market from its immediate weakness phase.

Our inclination, instead, is to now demand the FTSE better 7592 to allow a rise to be treated as serious, this bringing the index into a region where 7680 is allegedly viable.

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

10:36:20PM

BRENT

71.89

71.4

70.42

69.21

72.1

72.61

73.125

74.02

71.8

Success

10:38:01PM

GOLD

1185.38

‘cess

10:40:10PM

FTSE

7570.71

‘cess

10:41:51PM

FRANCE

5352.7

10:48:10PM

GERMANY

12247

12128

12102.5

12047

12232

12271

12295

12358

12189

10:50:45PM

US500

2852.47

‘cess

10:55:25PM

DOW

25699.2

Success

10:57:12PM

NASDAQ

7381.37

‘cess

10:58:50PM

JAPAN

22256

 

 

17/08/2018 FTSE Closed at 7558 points. Change of 0.03%. Total value traded through LSE was: £ 4,995,924,570 a change of -18.94%
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%

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:CEY Centamin** **LSE:GENL Genel** **LSE:HL. Hargreaves Lansdown** **LSE:KAZ Kaz Minerals** **LSE:RTHM Rythm One** **LSE:STAN Standard Chartered** **LSE:TW. Taylor Wimpey** **LSE:VED Vedanta** **

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Updated charts published on : Centamin, Genel, Hargreaves Lansdown, Kaz Minerals, Rythm One, Standard Chartered, Taylor Wimpey, Vedanta,


LSE:CEY Centamin Close Mid-Price: 104.25 Percentage Change: -1.04% Day High: 105.25 Day Low: 101.45

2018=35

Below 101 still makes a trip to 96p a pretty certain concept. There are a ……..

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View Previous Centamin & Big Picture ***


LSE:GENL Genel Close Mid-Price: 234 Percentage Change: -4.88% Day High: 253 Day Low: 230.5

2018=10

Target Met. Below 229 still gives hope for a bottom of 193 but should it b ……..

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View Previous Genel & Big Picture ***


LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 2172 Percentage Change: + 0.88% Day High: 2175 Day Low: 2142

2018=18

The situation remains of moves now exceeding 2175 suggesting 2217 initiall ……..

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View Previous Hargreaves Lansdown & Big Picture ***


LSE:KAZ Kaz Minerals Close Mid-Price: 478.5 Percentage Change: -14.58% Day High: 550 Day Low: 466

2018=7

Target Met. Further weakness now below 466 indicates 419 with some bounce ……..

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View Previous Kaz Minerals & Big Picture ***


LSE:RTHM Rythm One Close Mid-Price: 188 Percentage Change: -4.37% Day High: 195.8 Day Low: 186.2

2018=12

The situation now is of weakness below 186 driving reversal to an initial ……..

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View Previous Rythm One & Big Picture ***


LSE:STAN Standard Chartered Close Mid-Price: 644.8 Percentage Change: -0.97% Day High: 651.7 Day Low: 639.6

2018=12

Ongoing weakness below 639 remains with the suggestion of travel to 628 in ……..

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View Previous Standard Chartered & Big Picture ***


LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 170.9 Percentage Change: + 0.38% Day High: 171 Day Low: 165.95

2018=23

The scenario remains of weakness below 165 allowing for 157 and ideally a ……..

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View Previous Taylor Wimpey & Big Picture ***


LSE:VEDLSE:VED Vedanta. Close Mid-Price: 849.6 Percentage Change: + 0.14% Day High: 852.8 Day Low: 847.2

2018=14

Share price growth above 853 should generate traffic to 900 next. If excee ……..

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View Previous Vedanta & 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:CPI Capita** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **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:LLOY Lloyds Grp.** **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:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **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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