#Brent #Dax_Futures An experiment while making bread brought Barclays share price to mind. Those folk who’ve tasted Gluten Free bread will be aware it tends lack flavour and once deciding bread is only a platform for “the good stuff” with butter “the glue”, ongoing efforts to make an acceptable food platform result in some truly interesting and sometimes dreadful results. The core ingredients of todays experiment were Coconut flour, Almond flour, Linseed, Salt, Pumpkin & Sunflower seeds, baking powder, and basically anything interesting which caught my eye. Even a dash of apple vinegar was included.
It transpired a couple of teaspoons of Tumeric along with some black pepper, had a surprise effect. The bread substitute, when removed from the oven, had turned a very cowardly yellow. And this reminded immediately of Barclays share price movements over the last three weeks since we last examined it. We submitted 191p as a trigger level which should promote some proper price recovery but each time Barclays share price approaches our starting point, the share turns chicken and retreats in fear. Price movements have become as boring as our efforts in trying to reinvent bread and, like our bread attempts, we fear the only thing which will make Barclays rise will be a miracle.
We’re starting to suspect the price will need gapped above 191p to make price recovery inevitable.
Above 191p now points at the potential of growth to an initial 208p with secondary, if exceeded, at 228p. But importantly, should the market discover sufficient excuse to gap the share above 208p, it’s almost certainly going to create a miracle scenario, expecting a Big Picture cycle to commence to an initial 238p with secondary, if bettered, calculating at a longer term 312p.
For everything to go as badly wrong as todays bread experiment, the share needs drift below an unlikely 152p. For Barclays, we suspect it’s all a matter of patience.
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FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 2:25:02PM | BRENT | 68.18 | 67.26 | 66.86 | 65.87 | 68.26 | 68.5 | 68.95 | 69.52 | 67.75 | ‘cess |
| 2:29:21PM | GOLD | 1831.72 | Success | ||||||||
| 2:37:23PM | FTSE | 7144 | ‘cess | ||||||||
| 2:42:49PM | FRANCE | 6389.2 | |||||||||
| 2:47:50PM | GERMANY | 15375 | 15285 | 15254.5 | 15199 | 15361 | 15421 | 15463.75 | 15555 | 15316 | ‘cess |
| 3:03:54PM | US500 | 4229.62 | Success | ||||||||
| 3:08:51PM | DOW | 34769 | Success | ||||||||
| 3:15:14PM | NASDAQ | 13714 | Success |
7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%
6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%
5/05/2021 FTSE Closed at 7039 points. Change of 1.68%. Total value traded through LSE was: £ 6,461,512,143 a change of 1.02%
4/05/2021 FTSE Closed at 6923 points. Change of -0.66%. Total value traded through LSE was: £ 6,395,995,707 a change of -1.38%
30/04/2021 FTSE Closed at 6969 points. Change of 0.11%. Total value traded through LSE was: £ 6,485,673,817 a change of 11.9%
29/04/2021 FTSE Closed at 6961 points. Change of -0.03%. Total value traded through LSE was: £ 5,795,996,815 a change of 1.77%
28/04/2021 FTSE Closed at 6963 points. Change of 0.27%. Total value traded through LSE was: £ 5,695,013,979 a change of 9.25%
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
Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:ASC Asos** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:NG. National Glug** **LSE:QFI Quadrise** **
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Updated charts published on : AFC Energy, Asos, Carclo, Centamin, 4D Pharma, EasyJet, Glencore Xstra, Hargreaves Lansdown, British Airways, International Personal Finance, ITM Power, National Glug, Quadrise,
LSE:AFC AFC Energy. Close Mid-Price: 60.2 Percentage Change: + 11.07% Day High: 60.5 Day Low: 50.9
Weakness on AFC Energy below 50.9 will invariably lead to 45 with seconda ……..
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View Previous AFC Energy & Big Picture ***
LSE:ASC Asos Close Mid-Price: 4943 Percentage Change: -1.30% Day High: 5080 Day Low: 4893
Continued weakness against ASC taking the price below 4893 calculates as ……..
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View Previous Asos & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 55 Percentage Change: + 17.27% Day High: 55 Day Low: 45.5
Continued trades against CAR with a mid-price ABOVE 55 should improve the ……..
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View Previous Carclo & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 119.05 Percentage Change: + 2.19% Day High: 119.9 Day Low: 116.65
Target met. All Centamin needs are mid-price trades ABOVE 119.9 to improv ……..
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View Previous Centamin & Big Picture ***
LSE:DDDD 4D Pharma. Close Mid-Price: 102.6 Percentage Change: + 0.59% Day High: 105 Day Low: 99.1
In the event 4D Pharma experiences weakness below 99.1 it calculates with ……..
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View Previous 4D Pharma & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 1095 Percentage Change: + 5.64% Day High: 1095 Day Low: 1034.5
In the event of EasyJet enjoying further trades beyond 1095, the share sh ……..
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View Previous EasyJet & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 322.75 Percentage Change: + 3.35% Day High: 323.45 Day Low: 311.2
Further movement against Glencore Xstra ABOVE 323.45 should improve accel ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1748.5 Percentage Change: + 1.42% Day High: 1756.5 Day Low: 1727
Further movement against Hargreaves Lansdown ABOVE 1756.5 should improve ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 213.2 Percentage Change: + 3.00% Day High: 212.55 Day Low: 203.85
Continued trades against IAG with a mid-price ABOVE 212.55 should improve ……..
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View Previous British Airways & Big Picture ***
LSE:IPF International Personal Finance. Close Mid-Price: 129.4 Percentage Change: + 1.89% Day High: 132.4 Day Low: 127
Continued trades against IPF with a mid-price ABOVE 132.4 should improve ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 390.4 Percentage Change: + 13.55% Day High: 393.8 Day Low: 330.2
Continued weakness against ITM taking the price below 330.2 calculates as ……..
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View Previous ITM Power & Big Picture ***
LSE:NG. National Glug Close Mid-Price: 931.7 Percentage Change: -0.22% Day High: 940.4 Day Low: 924.7
Target met. All National Glug needs are mid-price trades ABOVE 940.4 to i ……..
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View Previous National Glug & Big Picture ***
LSE:QFI Quadrise Close Mid-Price: 5.55 Percentage Change: -9.02% Day High: 6.1 Day Low: 5.5
Further movement against Quadrise ABOVE 6.7 should improve acceleration to ……..
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View Previous Quadrise & Big Picture ***