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!

Hey, 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

10:37:05PM

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%

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