Trends and Targets for 28/08/2018

FTSE for this week (FTSE:UKX) It remains difficult to divine exactly what the market intends. While the holiday season has tended paper over the cracks, there remains a heck of an argument demanding the FTSE fall. The flaw; it hasn’t fallen!

Like a broken record, we’ve been mentioning 7360 since May and the drop ambition remains as elusive as a politicians integrity. Presently, the index requires better BLUE (7760) to trash our Bigger Picture drop fears, fears which now have two distinctly separate formula pointing at 7360 as a major point of interest. Perhaps less obvious is the secondary at 7120, should our drop target break.

Quite amazingly, this 7120 thing rather neatly co-incided with a contrived uptrend since the day following the Brexit vote. It’s one of these things we’re filing in our “that’s bloody strange” vault.

The FTSE closed last week at 7577 points and now required above 7620 to suggest Some recovery shall be real with 7677 as an initial ambition. If exceeded, secondary calculates at a rather less likely 7830 points as this would take the market into the realms of Higher Highs and a bright future ahead.

For now, we’re perhaps not clueless but certainly frustrated! However, life is rather brightened up by some sort of international water skiing championship, quite literally outside our windows here in Argyll. Speed boats at over 100mph are impressive and the noise a welcome change from silent yacht races.

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

12:34:38AM

BRENT

76.52

75.56

75.11

74.59

76.46

76.6

76.925

77.4

75.9

Success

12:38:32AM

GOLD

1211.29

Success

12:40:45AM

FTSE

7579.74

12:43:04AM

FRANCE

5483.7

‘cess

12:45:27AM

GERMANY

12571

12425

12375.5

12309

12503

12575

12587.5

12747

12425

12:48:42AM

US500

2872

‘cess

12:52:04AM

DOW

26096

‘cess

12:54:18AM

NASDAQ

7570.62

‘cess

12:57:31AM

JAPAN

22966

‘cess

 

24/08/2018 FTSE Closed at 7577 points. Change of 0.19%. Total value traded through LSE was: £ 5,756,795,130 a change of -17.36%
23/08/2018 FTSE Closed at 7563 points. Change of -0.15%. Total value traded through LSE was: £ 6,966,445,199 a change of -4.37%
22/08/2018 FTSE Closed at 7574 points. Change of 0.12%. Total value traded through LSE was: £ 7,284,592,540 a change of 12.38%
21/08/2018 FTSE Closed at 7565 points. Change of -0.34%. Total value traded through LSE was: £ 6,482,287,728 a change of 32.74%
20/08/2018 FTSE Closed at 7591 points. Change of 0.44%. Total value traded through LSE was: £ 4,883,481,928 a change of -2.25%
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%

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:BPC Bahamas Pet** **LSE:CASP Caspian** **LSE:CPI Capita** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:QFI Quadrise** **LSE:RED REDT** **LSE:SHP Shire** **LSE:VOG VICTORIA** **

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Updated charts published on : Bahamas Pet, Caspian, Capita, Glencore Xstra, International Personal Finance, Quadrise, REDT, Shire, VICTORIA,


LSE:BPC Bahamas Pet Close Mid-Price: 1.98 Percentage Change: -68.82% Day High: 3.75 Day Low: 1.62

2018=35

Now below 1.5 and we’ve got nothing! Whatever provoked this was not great ……..

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View Previous Bahamas Pet & Big Picture ***


LSE:CASP Caspian Close Mid-Price: 9.35 Percentage Change: -4.10% Day High: 9.75 Day Low: 9.17

2018=35

This has dumped itself on the naughty step as below 9.1 signals traffic co ……..

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View Previous Caspian & Big Picture ***


LSE:CPI Capita Close Mid-Price: 142.6 Percentage Change: -3.22% Day High: 150.85 Day Low: 142.55

Now above 151 and it calculates with travel to an initial 160p. If bettere ……..

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View Previous Capita & Big Picture ***


LSE:GLENLSE:GLEN Glencore Xstra. Close Mid-Price: 320.75 Percentage Change: + 3.30% Day High: 321.9 Day Low: 310.7

2018=23

It’s still the case where above 322 indicates 327 next. But secondary has ……..

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View Previous Glencore Xstra & Big Picture ***


LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 240.2 Percentage Change: + 1.87% Day High: 244 Day Low: 234.2

2018=18

Anything continuing above 244 should provide a visit to an initial 247p. A ……..

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View Previous International Personal Finance & Big Picture ***


LSE:QFI Quadrise Close Mid-Price: 2.7 Percentage Change: -6.90% Day High: 2.9 Day Low: 2.7

2018=10

This is not good as below 2.7 looks like giving false hope it shall reboun ……..

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View Previous Quadrise & Big Picture ***


LSE:REDLSE:RED REDT. Close Mid-Price: 9.97 Percentage Change: + 10.83% Day High: 9.97 Day Low: 9

2018=23

The situation remains of oomph above 10p pointing at an initial target of ……..

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View Previous REDT & Big Picture ***


LSE:SHPLSE:SHP Shire. Close Mid-Price: 4513 Percentage Change: + 2.05% Day High: 4549 Day Low: 4481.5

2018=14

Target Met. Now above 4550 and a trip to 4916 remains viable, along with a ……..

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View Previous Shire & Big Picture ***


LSE:VOGLSE:VOG VICTORIA. Close Mid-Price: 34.73 Percentage Change: + 3.73% Day High: 35.5 Day Low: 33.95

2018=70

It’s still the case if above 36 suggesting travel to an initial 38p next. ……..

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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:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **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: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: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: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: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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