#EURRUB #Gold #SP500 Storms can prove a nuisance. Here on Scotland’s west coast, the last week brought three pretty vile examples of rotten weather but oddly, it was the one on Sunday which did all the damage. I can only suspect branches had been weakened and 6 fence posts simply decided their time had also come, each opting to shear at the base. And as for our garden waterfall, clearing away bushes make for a pretty picture but also removed sound deadening.
And of course, my hand-crafted hydro electric scheme was destroyed in the deluge, never designed to spin at such speeds.
The other storm providing a worry, obviously, is the current Russia/Ukraine thing. A complete distrust of the media, thanks to the playground “fight, fight” rhetoric so prevalent in the UK, suggested it may prove a safer exercise to review how the markets are handling the currency relationship between Europe and Russia. Thankfully the picture, while interesting, isn’t screaming drama. The immediate situation suggests above 90.9 looks capable of allowing the Euro to strengthen to an initial 94.54, such an ambition challenging the prior highs of 2020. Should such a level be exceeded, our secondary calculation comes along at 97.94 and again, this suggests a visual challenge against the strange high of 2014.
The visual conclusion from the above is of the Euro strengthening against the Ruble but not really doing anything it hasn’t done before.
We ran the same exercise against the US Dollar, finding a very similar set of results with the Ruble weakening but not to any new degree. Even tossing Sterling into the mix brought a suggestion of some ongoing Sterling strength to 115 against the Ruble, a level slightly below the highs of 2016.
If true dramatics are upon us, for the EUR/RUB to justify a raised eyebrow, above 97.94 should provide real justification, this suggesting the pairing is heading somewhere brand new.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:22:25PM | BRENT | 95.22 | Success | ||||||||
| 10:24:51PM | GOLD | 1905.56 | 1887 | 1884 | 1877 | 1898 | 1906 | 1911 | 1929 | 1884 | ‘cess |
| 10:28:07PM | FTSE | 7422 | Shambles | ||||||||
| 10:30:53PM | FRANCE | 6708.2 | Success | ||||||||
| 10:35:11PM | GERMANY | 14472 | Success | ||||||||
| 10:37:16PM | US500 | 4293.9 | 4290 | 4283 | 4246 | 4335 | 4353 | 4358 | 4380 | 4323 | ‘cess |
| 11:07:08PM | DOW | 33615 | ‘cess | ||||||||
| 11:09:42PM | NASDAQ | 13668 | |||||||||
| 11:10:50PM | JAPAN | 26437 | 26405 | 26272.5 | 25845 | 26750 | Nothing | makes | sense |
21/02/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 5,199,890,341 a change of -19.05%
18/02/2022 FTSE Closed at 7513 points. Change of -0.32%. Total value traded through LSE was: £ 6,423,213,414 a change of 12%
17/02/2022 FTSE Closed at 7537 points. Change of -0.87%. Total value traded through LSE was: £ 5,734,831,803 a change of -14.78%
16/02/2022 FTSE Closed at 7603 points. Change of -0.07%. Total value traded through LSE was: £ 6,729,531,357 a change of 15.27%
15/02/2022 FTSE Closed at 7608 points. Change of 1.02%. Total value traded through LSE was: £ 5,838,071,822 a change of -10.14%
14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%
11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%
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:AML Aston Martin** **LSE:CBX Cellular Goods** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:RMG Royal Mail** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **
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Updated charts published on : Aston Martin, Cellular Goods, Capita, 4D Pharma, Experian, Fresnillo, Hikma, ITM Power, Marks and Spencer, Primary Health, Petrop etc, Royal Mail, Spirax, Standard Chartered,
LSE:AML Aston Martin Close Mid-Price: 1100 Percentage Change: -1.57% Day High: 1125 Day Low: 1062
Weakness on Aston Martin below 1060 will invariably lead to 1024 with seco ……..
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View Previous Aston Martin & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 4 Percentage Change: -31.91% Day High: 5.5 Day Low: 3.6
Target Met. Interesting it closed at exactly our secondary target, perhaps ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CPI Capita Close Mid-Price: 29.39 Percentage Change: -0.98% Day High: 31.5 Day Low: 29.05
If Capita experiences continued weakness below 29, it will invariably lead ……..
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View Previous Capita & Big Picture ***
LSE:DDDD 4D Pharma Close Mid-Price: 30.5 Percentage Change: -7.29% Day High: 33 Day Low: 30.05
Weakness on 4D Pharma below 30 will invariably lead to 28 with secondary ( ……..
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View Previous 4D Pharma & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 2787 Percentage Change: -1.45% Day High: 2872 Day Low: 2774
If Experian experiences continued weakness below 2774, it will invariably ……..
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View Previous Experian & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 696.8 Percentage Change: + 1.60% Day High: 697.2 Day Low: 679
Continued trades against FRES with a mid-price ABOVE 698 should improve th ……..
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View Previous Fresnillo & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1938.5 Percentage Change: -1.52% Day High: 1982.5 Day Low: 1931.5
Continued weakness against HIK taking the price below 1931 calculates as l ……..
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View Previous Hikma & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 228 Percentage Change: -5.24% Day High: 247 Day Low: 224.4
So much for theory! Below 224 remains with the suggestion of 206 next with ……..
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View Previous ITM Power & Big Picture ***
LSE:MKS Marks and Spencer Close Mid-Price: 181 Percentage Change: -1.95% Day High: 185.85 Day Low: 179.25
Continued weakness against MKS taking the price below 179 calculates as le ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:PHP Primary Health Close Mid-Price: 131.7 Percentage Change: -0.75% Day High: 133.8 Day Low: 131.5
Target Met. Hopefully this bounces now as below 131 calculates with the po ……..
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View Previous Primary Health & Big Picture ***
LSE:POG Petrop etc Close Mid-Price: 13.26 Percentage Change: -17.02% Day High: 16.52 Day Low: 13.11
Ongoing traffic below 13 still points at the potential of reversal to 11.7 ……..
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View Previous Petrop etc & Big Picture ***
LSE:RMG Royal Mail Close Mid-Price: 414.3 Percentage Change: -1.15% Day High: 422.6 Day Low: 411.8
In the event Royal Mail experiences weakness below 411, it calculates with ……..
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View Previous Royal Mail & Big Picture ***
LSE:SPX Spirax Close Mid-Price: 11445 Percentage Change: -2.10% Day High: 11785 Day Low: 11295
Target Met. This is on the edge of going wrong as below 11,290 calculates ……..
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View Previous Spirax & Big Picture ***
LSE:STAN Standard Chartered Close Mid-Price: 572 Percentage Change: -1.24% Day High: 590 Day Low: 572
Target Met. How did that happen? Above 590 now suggests a stronger cycle c ……..
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View Previous Standard Chartered & Big Picture ***