#GoldFutures #SP500 As we approach “normal”, the inevitable debate about whether to continue to wear masks has erupted. Personally, I’ve always been a little envious about Asian countries, where wearing masks in congested areas has been socially acceptable for years. The virtual eradication of Flu in the UK, during the recent winter, tends testify as to the effectiveness of a little thought in ones daily routine. Even with the legal requirement to wear a mask lifted, this writer intends wearing one in busy public zones for the foreseeable future.
Of course, it’s also true most sane folk avoiding flying, buses, taxis, and trains, vastly reducing the chances of passing any virus along.
Another little puzzle comes from the headlines given to “The Delta Variant” of Covid-19. In the early months of the virus, many specialists interviewed were looking forward to the day when Covid-19 started to mutate, their thinking being mutated variations will always be less dangerous to people. One guy, quite eloquently, described a virus quite brutally. If it kills a large percentage of those with whom it comes in contact, this tends minimise the life cycle for a virus. As a result, nasty bugs will always tend mutate to weaker versions of the original as their stronger edition effectively kills itself off.
The big question, obviously, is whether people shall once again congregate in public transport. And in the case of the Trainline, will the British public once again cheerfully pay exorbitant prices for a service which fails to compare favourably with trains and transport costs in Europe? In the marketplace, it feels like there’s a quiet expectation for airline industry and related holiday stocks showing some recovery. As a result, it’s perhaps worth glancing at Trainline share price, trading around 320p at time of writing.
Near term, share price movement exceeding 323p should prove capable of triggering some price recovery toward a confident sounding 364p. If bettered, our longer term secondary works out at 408p, visually providing a bit of a question mark. Since the pandemic drop in March of 2020, this share price has presented some really surprising movements, enjoying a trading range of around 3 quid yet neither going up nor down beyond previous levels. Currently, we have a significant problem in calculating anything above 408p in the future, suspecting we shall need revisit the share price if such a level is ever achieved.
The price requires below 285p to provoke trouble, signalling the potential for reversal to 237p. Below such a point presents a severe problem, allowing express travel down to 76p as our ultimate bottom.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:47:50PM | BRENT | 76.97 | Success | ||||||||
| 10:49:46PM | GOLD | 1792.32 | 1782 | 1778.5 | 1773 | 1791 | 1795 | 1798 | 1814 | 1784 | |
| 10:51:59PM | FTSE | 7159.07 | |||||||||
| 10:53:55PM | FRANCE | 6570.2 | |||||||||
| 10:56:11PM | GERMANY | 15662.6 | ‘cess | ||||||||
| 10:57:48PM | US500 | 4349.3 | 4341 | 4336.5 | 4330 | 4348 | 4355 | 4357.5 | 4363 | 4347 | |
| 10:59:40PM | DOW | 34799 | |||||||||
| 11:00:08PM | NASDAQ | Nothing | to | say | |||||||
| 11:02:09PM | JAPAN | 28624 | Success |
5/07/2021 FTSE Closed at 7164 points. Change of 0.58%. Total value traded through LSE was: £ 3,312,078,677 a change of -20.84%
2/07/2021 FTSE Closed at 7123 points. Change of -0.03%. Total value traded through LSE was: £ 4,184,057,082 a change of -10.65%
1/07/2021 FTSE Closed at 7125 points. Change of 1.25%. Total value traded through LSE was: £ 4,682,685,719 a change of -14.48%
30/06/2021 FTSE Closed at 7037 points. Change of -0.71%. Total value traded through LSE was: £ 5,475,559,287 a change of 23.7%
29/06/2021 FTSE Closed at 7087 points. Change of 0.21%. Total value traded through LSE was: £ 4,426,489,456 a change of -5.63%
28/06/2021 FTSE Closed at 7072 points. Change of -0.9%. Total value traded through LSE was: £ 4,690,740,791 a change of -4.03%
25/06/2021 FTSE Closed at 7136 points. Change of 0.38%. Total value traded through LSE was: £ 4,887,856,351 a change of -13.99%
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:BARC Barclays** **LSE:EME Empyrean** **LSE:EXPN Experian** **LSE:HUR Hurrican Energy** **LSE:MRW Morrisons** **LSE:PMG Parkmead** **LSE:SBRY Sainsbury** **LSE:SDY Speedyhire** **
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Updated charts published on : Barclays, Empyrean, Experian, Hurrican Energy, Morrisons, Parkmead, Sainsbury, Speedyhire,
LSE:BARC Barclays. Close Mid-Price: 177.7 Percentage Change: + 3.10% Day High: 178.28 Day Low: 172.32
In the event of Barclays enjoying further trades beyond 178.28, the share ……..
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View Previous Barclays & Big Picture ***
LSE:EME Empyrean. Close Mid-Price: 7.1 Percentage Change: + 7.58% Day High: 7.1 Day Low: 6.6
Target met. Further movement against Empyrean ABOVE 7.1 should improve ac ……..
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View Previous Empyrean & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 2845 Percentage Change: -0.56% Day High: 2870 Day Low: 2836
All Experian needs are mid-price trades ABOVE 2870 to improve acceleratio ……..
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View Previous Experian & Big Picture ***
LSE:HUR Hurrican Energy. Close Mid-Price: 4.09 Percentage Change: + 16.19% Day High: 4.4 Day Low: 3.7
Target met. Further movement against Hurrican Energy ABOVE 4.4 should imp ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:MRW Morrisons. Close Mid-Price: 267.5 Percentage Change: + 11.55% Day High: 269 Day Low: 265.2
Target met. In the event of Morrisons enjoying further trades beyond 269, ……..
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View Previous Morrisons & Big Picture ***
LSE:PMG Parkmead. Close Mid-Price: 55 Percentage Change: + 7.84% Day High: 58.2 Day Low: 51
Target met. All Parkmead needs are mid-price trades ABOVE 58.2 to improve ……..
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View Previous Parkmead & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 278.2 Percentage Change: + 2.28% Day High: 279.8 Day Low: 273.6
Target met. All Sainsbury needs are mid-price trades ABOVE 279.8 to impro ……..
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View Previous Sainsbury & Big Picture ***
LSE:SDY Speedyhire. Close Mid-Price: 74 Percentage Change: + 3.06% Day High: 75 Day Low: 73.4
Near term, above 76 should prove capable of significant hope, presenting a ……..
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View Previous Speedyhire & Big Picture ***