FitBit for 24/12/2019

#Gold #Nasdaq #Dax This exercise malarkey is tiring. For instance, during December I’ve worked up, daily, to lifting 2 x 56 pound potato bags, holding them aloft for 2 minutes at a time. This week, the added strain of putting a potato in each bag has proven interesting. Equally, there will be plenty of folk receiving fitness gadgets for Xmas, doubtless monitoring their progress with FitBits extended offerings.

The company share price is proving encouraging in a slovenly way. At present, the share is trading at 6.49 dollars, needing above just 6.65 and we shall regard it as heading to an initial rest stop at 7.66 dollars. Only if exceeded does this become really interesting, due to the “almost” certainty of 9.35 awaiting in the longer term.

We’ve a slight worry at 6.40 dollars, this being the level the share presently needs break below to spoil our wonderful set of calculations. In fact, if we’re honest, anyone considering a “blind” Long just to see where the price goes could consider a stop loss at this level. Below 6.40 allows reversal down to an initial 6 dollars with secondary, if broken, down at 5 dollars. Visually, similar to this writers attempt at weight loss, reversal seems unlikely. But the lethargic price movements, since the share kicked its way through the downtrend at the start of November, justify a slightly raised eyebrow.

Have an enjoyable break. We’ll be back on Sunday evening, probably commenting on a futures market which has fallen asleep!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:37:05PM	BRENT	65.77	65.06	64.62	64.11	65.68	65.86	66.28	66.36	65.16
10:39:25PM	GOLD	1486.58	1475	1471.625	1466.5	1485	1487	1489.5	1499	1476	‘cess
10:42:18PM	FTSE	7620.2	7554	7519.5	7483	7604	7630	7665	7671	7554	‘cess
10:44:32PM	FRANCE	6026.7	5994	5985.5	5969	6024	6036	6049	6060	5994
10:46:34PM	GERMANY	13298.07	13269	13251.5	13226	13310	13329	13334.75	13363	13277	Shambles
10:48:36PM	US500	3225.4	3221	3218	3214	3228	3231	3238	3245	3219	‘cess
10:51:29PM	DOW	28565.8	28466	28444	28399	28565	28579	28588	28770	28489	Success
10:53:05PM	NASDAQ	8703.05	8684	8674.5	8661	8606	8715	8721	8732	8685
10:54:41PM	JAPAN	23855	23780	23599.5	23416	23932	23890	23909	23952	23780

 

 

23/12/2019 FTSE Closed at 7623 points. Change of 0.54%. Total value traded through LSE was: £ 5,173,556,993 a change of -55.23%

20/12/2019 FTSE Closed at 7582 points. Change of 0.12%. Total value traded through LSE was: £ 11,554,966,677 a change of -10.44%

19/12/2019 FTSE Closed at 7573 points. Change of 0.44%. Total value traded through LSE was: £ 12,902,220,870 a change of 105.17%

18/12/2019 FTSE Closed at 7540 points. Change of 0.2%. Total value traded through LSE was: £ 6,288,425,252 a change of -24.93%

17/12/2019 FTSE Closed at 7525 points. Change of 0.08%. Total value traded through LSE was: £ 8,377,255,941 a change of -3.48%

16/12/2019 FTSE Closed at 7519 points. Change of 2.26%. Total value traded through LSE was: £ 8,678,908,281 a change of -19.58%

13/12/2019 FTSE Closed at 7353 points. Change of 1.1%. Total value traded through LSE was: £ 10,792,434,555 a change of 97.15%