Trends and Targets for 31/08/2018

#FTSE FOR FRIDAY #DAX #NK225 We’ve probably given the impression during August of really hating the month. It’s actually far worse than that with, it seems, folk stopping trading, taking holidays, causing traffic jams on the farm tracks which pretend to be roads here in our bit of #Argyll.

Of course, come September, the weather will take any excuse to provide the first snows of winter as a painful memory of getting stuck in a 4WD while heading to Applecross springs to mind. Or returning from the fabulous Mull Car Rally on motorcycles while wearing fair weather bike clothing in minus 5c temperatures. However, the country does have three taps in most kitchens, Hot, Cold, Whisky, which is a consolation…

It feels like the last day of this dreadful month intends a final turn of the screw as below 7482 enters a further relaxation phase with an initial drop target at 7425 points. Worse, if broken, our secondary lurks at 7360 points. What was a little strange was market behaviour during Thursday with the index dropping sharply at the open and simply doing nothing else for the rest of the session. It almost felt as if the market didn’t actually want to drop – just yet.

We shall not be inclined to view any near term rise positively unless the index betters 7540 points, not a hard ask as it closed the session at 7514 points.

Above 7540 looks capable of a fairly useless recovery to 7553 points. If exceeded, our secondary calculates as 7582 points. Given the foregoing, we’re pretty far from convinced any upward travel will stick with the FTSE needing above BLUE at 7625 to make us abandon thoughts of 7360 on the current movement cycle.

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

10:16:54PM

BRENT

77.85

‘cess

10:19:18PM

GOLD

1200.2

‘cess

10:22:11PM

FTSE

7492.35

Success

10:24:02PM

FRANCE

5464.2

10:26:03PM

GERMANY

12439.75

12395

12342

12257

12514

12548

12602.5

12672

12426

Success

10:27:31PM

US500

2899.12

10:29:59PM

DOW

25961

‘cess

10:31:40PM

NASDAQ

7636.37

‘cess

10:33:51PM

JAPAN

22713

22652

22602.5

22426

22828

22863

22901

22984

22742

Success

 

30/08/2018 FTSE Closed at 7516 points. Change of -0.62%. Total value traded through LSE was: £ 6,383,041,209 a change of -4.59%
29/08/2018 FTSE Closed at 7563 points. Change of -0.71%. Total value traded through LSE was: £ 6,689,862,229 a change of -11.15%
28/08/2018 FTSE Closed at 7617 points. Change of 0.53%. Total value traded through LSE was: £ 7,529,661,342 a change of 30.8%
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 -100%. Total value traded through LSE was: £ 6,482,287,728 a change of 0%

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:AGM Applied Graph.** **LSE:BARC Barclays** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:HSBA HSBC** **LSE:LLOY Lloyds Grp.** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **LSE:VOD Vodafone** **

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Updated charts published on : Applied Graph., Barclays, British Telecom, Empyrean, Genel, HSBC, Lloyds Grp., Standard Chartered, Tullow, Vodafone,


LSE:AGMLSE:AGM Applied Graph.. Close Mid-Price: 55 Percentage Change: + 8.91% Day High: 53.5 Day Low: 50.5

2018=70

Moves now exceeding 55p should bring 59, along with a probable stutter. If ……..

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View Previous Applied Graph. & Big Picture ***


LSE:BARC Barclays Close Mid-Price: 178.3 Percentage Change: -1.73% Day High: 181.38 Day Low: 178.2

2018=12

Ongoing weakness below 178 remains indicating relaxation to a bounce point ……..

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View Previous Barclays & Big Picture ***


LSE:BT.A British Telecom Close Mid-Price: 218.1 Percentage Change: -2.00% Day High: 221.95 Day Low: 216.8

2018=18

BT appear to have dialed up a slowdown as below 216 now indicates reversal ……..

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View Previous British Telecom & Big Picture ***


LSE:EMELSE:EME Empyrean. Close Mid-Price: 10.55 Percentage Change: + 9.33% Day High: 10.95 Day Low: 9.45

2017=17

Target Met. Now above 11p and it seems a cycle to an initial 11.75 can be ……..

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View Previous Empyrean & Big Picture ***


LSE:GENLLSE:GENL Genel. Close Mid-Price: 248 Percentage Change: + 0.40% Day High: 250.5 Day Low: 242

2018=10

The scenario remains of continued weakness below 242 provoking a trip down ……..

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View Previous Genel & Big Picture ***


LSE:HSBA HSBC Close Mid-Price: 675 Percentage Change: -1.45% Day High: 683.1 Day Low: 673.7

2018=14

Now below 673 and a trip to 645 looks likely where it shall ideally reboun ……..

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View Previous HSBC & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 59.9 Percentage Change: -0.93% Day High: 60.49 Day Low: 60

2018=23

It feels like this has started its cycle to 58.4p next, ideally with a rec ……..

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View Previous Lloyds Grp. & Big Picture ***


LSE:STAN Standard Chartered Close Mid-Price: 633.4 Percentage Change: -1.40% Day High: 640 Day Low: 629.5

2018=12

Target Met. Further weakness below 629 looks like provoking an initial 617 ……..

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View Previous Standard Chartered & Big Picture ***


LSE:TLWLSE:TLW Tullow. Close Mid-Price: 233.6 Percentage Change: + 2.01% Day High: 235.9 Day Low: 226.7

2018=10

In a slight change to the numbers, moves now above 236 look like attacking ……..

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View Previous Tullow & Big Picture ***


LSE:VOD Vodafone Close Mid-Price: 167.52 Percentage Change: -3.13% Day High: 172.92 Day Low: 166.78

2018=18

Target Met. Our suspicion of 170 failing alas, proved correct. As a result ……..

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View Previous Vodafone & 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:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DGE Diageo** **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:HL. Hargreaves Lansdown** **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:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **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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