#DAX #Nasdaq Rarely have we been so glad to welcome the weekend. This week really sucked on the #FTSE, a hysteria of panic uncontrolled movements, strangely reminiscent of our elected MP’s at Westminster. Calling them “leaders” would be akin to describing a housefly as a genius because it can fly. In fact, Westminster appears infested by politicians who can’t do politics! At least a housefly can fly…
In Scotland, we became used to this calibre of MP for decades until they were swept away by Scotland’s largest party. Sorry if giving the impression of little respect for the current crop of incompetents.
There’s little doubt the antics of politicians are again effecting the market, the FTSE proving more irrational than other markets and generally providing a confused week. Allegedly, the situation now is of movement above 7395 apparently being capable of triggering growth to an initial 7445 points. If exceeded, secondary calculates at 7485 points.
We have doubts and would recommend a tight stop, if the scenario triggers. Unfortunately, the tightest available is quite wide presently at 7333 points!
The reason for this is fairly simple. Below 7351 risks triggering reversal to an initial 7333 points. Below 7333 and continued weakness to 7280 calculates as possible, perhaps even 7247 if negatives news manages to power a grotty Friday. Visually, a down day on the market will make some sense as despite Thursday achieving a “higher high”, the speed of reversal thereafter was noteworthy and we’ve a suspicion the UK index intends remain within its tight September trend, at least until the end of the month.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
10:42:30PM |
BRENT |
61.68 |
60.61 |
60.11 |
61.98 |
62.29 |
60.96 |
Sorry | |||
|
10:44:26PM |
GOLD |
1503.72 |
1500 |
1497 |
1513 |
1516.5 |
1502 |
Success | |||
|
10:47:53PM |
FTSE |
7380.1 |
7345 |
7328.5 |
7391 |
7416 |
7345 |
Success | |||
|
10:50:42PM |
FRANCE |
5637.7 |
5530 |
5528.5 |
5641 |
5657.5 |
5585 |
‘cess | |||
|
10:52:56PM |
GERMANY |
12328 |
12192 |
12157.5 |
12344 |
12367.5 |
12268 |
‘cess | |||
|
10:55:46PM |
US500 |
2979.07 |
2963 |
2958.5 |
2987 |
2994.5 |
2969 | ||||
|
10:58:03PM |
DOW |
26915 |
26754 |
26672.5 |
26985 |
27013 |
26870 |
Shambles | |||
|
10:59:44PM |
NASDAQ |
7769.82 |
7717 |
7689 |
7823 |
7842 |
7734 | ||||
|
11:05:58PM |
JAPAN |
21969 |
21945 |
21885 |
22127 |
22166 |
22038 |
‘cess |
26/09/2019 FTSE Closed at 7351 points. Change of 0.85%. Total value traded through LSE was: £ 6,536,751,448 a change of 42.18%
25/09/2019 FTSE Closed at 7289 points. Change of -0.03%. Total value traded through LSE was: £ 4,597,482,306 a change of -12.72%
24/09/2019 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 5,267,350,098 a change of -41.38%
23/09/2019 FTSE Closed at 7326 points. Change of -0.25%. Total value traded through LSE was: £ 8,986,324,808 a change of -29.08%
20/09/2019 FTSE Closed at 7344 points. Change of -0.16%. Total value traded through LSE was: £ 12,670,572,411 a change of 125.4%
19/09/2019 FTSE Closed at 7356 points. Change of 0.57%. Total value traded through LSE was: £ 5,621,323,285 a change of 3.9%
18/09/2019 FTSE Closed at 7314 points. Change of -0.08%. Total value traded through LSE was: £ 5,410,113,434 a change of -11.15%
24/09/2019 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 5,267,350,098 a change of -41.38%
23/09/2019 FTSE Closed at 7326 points. Change of -0.25%. Total value traded through LSE was: £ 8,986,324,808 a change of -29.08%
20/09/2019 FTSE Closed at 7344 points. Change of -0.16%. Total value traded through LSE was: £ 12,670,572,411 a change of 125.4%
19/09/2019 FTSE Closed at 7356 points. Change of 0.57%. Total value traded through LSE was: £ 5,621,323,285 a change of 3.9%
18/09/2019 FTSE Closed at 7314 points. Change of -0.08%. Total value traded through LSE was: £ 5,410,113,434 a change of -11.15%
20/09/2019 FTSE Closed at 7344 points. Change of -0.16%. Total value traded through LSE was: £ 12,670,572,411 a change of 125.4%
19/09/2019 FTSE Closed at 7356 points. Change of 0.57%. Total value traded through LSE was: £ 5,621,323,285 a change of 3.9%
18/09/2019 FTSE Closed at 7314 points. Change of -0.08%. Total value traded through LSE was: £ 5,410,113,434 a change of -11.15%
18/09/2019 FTSE Closed at 7314 points. Change of -0.08%. Total value traded through LSE was: £ 5,410,113,434 a change of -11.15%
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…
The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!
Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:ASC Asos** **LSE:BLOE Block Energy PLC** **LSE:BPC Bahamas Pet** **LSE:CCL Carnival** **LSE:HIK Hikma** **LSE:IQE IQE** **LSE:MKS Marks and Spencer** **LSE:NG. National Glug** **LSE:PMG Parkmead** **LSE:SXX Sirius Mins** ** ******** Updated charts published on : AFC Energy, Applied Graph., Asos, Block Energy PLC, Bahamas Pet, Carnival, Hikma, IQE, Marks and Spencer, National Glug, Parkmead, Sirius Mins, Continuing below 4.6 gives the suggestion of a coming bounce at 4.20p. If …….. View Previous AFC Energy & Big Picture *** Continued weakness against AGM taking the price below 19 calculates as le …….. View Previous Applied Graph. & Big Picture *** In the event Asos experiences weakness below 2367 it calculates with a dr …….. View Previous Asos & Big Picture *** Target met. Weakness on Block Energy PLC below 4.4 will invariably lead t …….. View Previous Block Energy PLC & Big Picture *** Continued weakness against BPC taking the price below 1.95 calculates as …….. View Previous Bahamas Pet & Big Picture *** This is getting a little twitchy as below 3350 suggests weakness to an ini …….. View Previous Carnival & Big Picture *** Target met. Continued trades against HIK with a mid-price ABOVE 2206 shou …….. View Previous Hikma & Big Picture *** This looks worth keeping an eye on as ^up above 64 still indicates 69.50 n …….. View Previous IQE & Big Picture *** Target met. Weakness on Marks and Spencer below 176.85 will invariably le …….. View Previous Marks and Spencer & Big Picture *** Target met. Continued trades against NG. with a mid-price ABOVE 889.4 sho …….. View Previous National Glug & Big Picture *** If Parkmead experiences continued weakness below 36.3, it will invariably …….. View Previous Parkmead & Big Picture *** A couple of slight changes but it’s still looking like weakness on Sirius …….. View Previous Sirius Mins & Big Picture *** Click Epic to jump to share:LSE:AMER Amerisur** **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:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **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:IPF International Personal Finance** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **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:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:TAN Tanfield** **LSE:TAP was Rythm One** **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:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** ** ******** Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!
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.
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
LSE:AFC AFC Energy Close Mid-Price: 4.68 Percentage Change: -3.90% Day High: 4.99 Day Low: 4.6
LSE:AGM Applied Graph. Close Mid-Price: 19 Percentage Change: -5.00% Day High: 20 Day Low: 19
LSE:ASC Asos Close Mid-Price: 2347 Percentage Change: -4.36% Day High: 2489 Day Low: 2367
LSE:BLOE Block Energy PLC Close Mid-Price: 4.45 Percentage Change: -12.75% Day High: 4.9 Day Low: 4.4
LSE:BPC Bahamas Pet Close Mid-Price: 1.95 Percentage Change: -7.14% Day High: 2.3 Day Low: 1.95
LSE:CCL Carnival Close Mid-Price: 3389 Percentage Change: -7.20% Day High: 3705 Day Low: 3352
LSE:HIKLSE:HIK Hikma. Close Mid-Price: 2187 Percentage Change: + 1.48% Day High: 2206 Day Low: 2143
LSE:IQELSE:IQE IQE. Close Mid-Price: 63.65 Percentage Change: + 4.95% Day High: 63.9 Day Low: 58.3
LSE:MKS Marks and Spencer Close Mid-Price: 180.25 Percentage Change: -0.96% Day High: 182.1 Day Low: 176.85
LSE:NG.LSE:NG. National Glug. Close Mid-Price: 887 Percentage Change: + 2.75% Day High: 889.4 Day Low: 860.5
LSE:PMG Parkmead Close Mid-Price: 36.5 Percentage Change: -3.31% Day High: 37.1 Day Low: 36.3
LSE:SXX Sirius Mins Close Mid-Price: 3.71 Percentage Change: -8.97% Day High: 4.2 Day Low: 3.65
*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.
Risk Warning & Notice to Investors