FRANCE, #CAC40 #Brent #DAX . Following a week, where one of the UK Brexit ministerial team appeared to express surprise at the UK being an island, importing ‘stuff’ by sea, it seems sensible to review how our nearest neighbour is doing in terms of their market.
The immediate prospects for the French index are not great. The market is trading in a bit of a depressing situation, where weakness again below 4900 looks capable of relaxing the CAC down to 4450 points next. If broken, secondary is at 3860 points.
To utterly cancel these relaxation potentials, the index requires better 5500 points; BLUE on the chart.
Oddly, neither calculation is particularly alarming if we zoom out and review behaviour since the gory days of 2009. Visually, our secondary ambition at 3860 isn’t particularly alarming insofar it fails to trouble the uptrend since the last crash. Even better, it matches a series of lows since 2014, hinting quite strongly of a future bounce should 3860 make a guest appearance.
At present, trading around the 5100 level, we actually need the market above 5210 before we dare view it as heading upward to an initial 5314 points. If bettered, secondary comes along at 5460 points, along with a future challenge of the Blue line. One interesting item of hope, one which we’re not confident will prove valid against an entire index, is the circled GaGa movement.
Generally, a GapDown GapUP is a comfortable(ish) signal a price is about to be influenced upward. In the case of the CAC40, this GaGa calculates with 5460 sometime in the future. We’re not holding our breath!
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
8:44:10PM |
BRENT |
69.71 |
69.14 |
68.58 |
67.36 |
71.4 |
71.4 |
71.93 |
72.86 |
70.52 |
Success |
|
8:54:43PM |
GOLD |
1210.28 |
Success |
||||||||
|
8:56:49PM |
FTSE |
7118.05 |
‘cess |
||||||||
|
8:59:14PM |
FRANCE |
5112.5 |
Success |
||||||||
|
9:01:31PM |
GERMANY |
11537.68 |
11414 |
11399.5 |
11311 |
11525 |
11555 |
11580.5 |
11636 |
11480 |
‘cess |
|
9:03:16PM |
US500 |
2778.87 |
Success |
||||||||
|
9:08:50PM |
DOW |
25982 |
Success |
||||||||
|
9:10:55PM |
NASDAQ |
7024.75 |
Success |
||||||||
|
9:13:25PM |
JAPAN |
22117 |
Success |
9/11/2018 FTSE Closed at 7105 points. Change of -0.49%. Total value traded through LSE was: £ 7,605,635,099 a change of 21.49%
8/11/2018 FTSE Closed at 7140 points. Change of 0.32%. Total value traded through LSE was: £ 6,260,451,030 a change of -1.49%
7/11/2018 FTSE Closed at 7117 points. Change of 1.09%. Total value traded through LSE was: £ 6,355,130,386 a change of 3.79%
6/11/2018 FTSE Closed at 7040 points. Change of -0.89%. Total value traded through LSE was: £ 6,123,146,129 a change of 22.19%
5/11/2018 FTSE Closed at 7103 points. Change of 0.13%. Total value traded through LSE was: £ 5,011,125,441 a change of -36.56%
2/11/2018 FTSE Closed at 7094 points. Change of -0.28%. Total value traded through LSE was: £ 7,898,425,259 a change of -6.23%
1/11/2018 FTSE Closed at 7114 points. Change of -0.2%. Total value traded through LSE was: £ 8,423,507,721 a change of -6.44% 
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:EME Empyrean** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:IPF International Personal Finance** **LSE:LMI LonMin** **LSE:PMO Premier** **LSE:POL Polo Resources** **LSE:TAN Tanfield** **LSE:TLW Tullow** **LSE:ZOL Zoldav** **
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Updated charts published on : Empyrean, Gulf Keystone, Hikma, International Personal Finance, LonMin, Premier, Polo Resources, Tanfield, Tullow, Zoldav,
LSE:EMELSE:EME Empyrean. Close Mid-Price: 10.75 Percentage Change: + 10.26% Day High: 11.4 Day Low: 10.1
2017=17
Target Met. It appears further moves above 11p should generate 12.35p next ……..
View Previous Empyrean & Big Picture ***
LSE:GKP Gulf Keystone Close Mid-Price: 201 Percentage Change: -6.73% Day High: 214 Day Low: 199.2
2018=10
Target met. If Gulf Keystone experiences continued weakness below 199.2, ……..
View Previous Gulf Keystone & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1854.5 Percentage Change: -8.42% Day High: 2019 Day Low: 1835.5
2018=14
Further relaxation below 1835 should hopefully find a bottom at 1658p. The ……..
View Previous Hikma & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 196.5 Percentage Change: -1.40% Day High: 208.6 Day Low: 194.3
2018=18
This still feels like it is going down as below 186 indicates travel to an ……..
View Previous International Personal Finance & Big Picture ***
LSE:LMI LonMin Close Mid-Price: 44 Percentage Change: -3.08% Day High: 45.94 Day Low: 43.46
2018=70
Weakness continuing below 43 suggests some travel down to 37p next. If bro ……..
View Previous LonMin & Big Picture ***
LSE:PMO Premier Close Mid-Price: 99.05 Percentage Change: -6.29% Day High: 104.5 Day Low: 98
2018=12
Continued weakness against PMO taking the price below 98 calculates as le ……..
View Previous Premier & Big Picture ***
LSE:POLLSE:POL Polo Resources. Close Mid-Price: 4.16 Percentage Change: + 2.21% Day High: 4.38 Day Low: 4.38
2018=35
Continued trades against POL with a mid-price ABOVE 4.38 should improve t ……..
View Previous Polo Resources & Big Picture ***
LSE:TAN Tanfield Close Mid-Price: 6.28 Percentage Change: -5.28% Day High: 6.5 Day Low: 6.25
2018=35
Continued weakness against TAN taking the price below 6.25 calculates as ……..
View Previous Tanfield & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 203.7 Percentage Change: -6.69% Day High: 217.1 Day Low: 200
2018=10
Target met. In the event Tullow experiences weakness below 200 it calcula ……..
View Previous Tullow & Big Picture ***
LSE:ZOL Zoldav Close Mid-Price: 13.5 Percentage Change: -6.90% Day High: 14.5 Day Low: 13.5
2018=12
If Zoldav experiences continued weakness below 13.5, it will invariably l ……..
View Previous Zoldav & 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:CPI Capita** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **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:MKS Marks and Spencer** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:POG Petrop etc** **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:TCG Thomas Cook Group** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **
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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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