#Gold #SP500
Time flies and, just like that, tomorrow is the 13th anniversary of March 9th, 2009. For those who’ve forgotten, or missed all the fun, this represented the point at which the UK markets discovered “bottom” during the financial crisis, that ‘thing’ the retail banks never really recovered from. Recent movements among FTSE 100 constituents are proving a small worry for obvious reasons and it’s possible, rather than facing a “bottom” we’re about to witness the start of something awful.
Daily, we scan over 80 shares and, by the close of business on Monday, something quite extraordinary had happened. Over 50% of the shares we monitor had triggered reversals, requiring an unheard of 46 shares requiring their numbers updated. Sometimes, it can be as few as just 8 shares! Unfortunately, now we’re in the position of anticipation some strong reversals, despite the FTSE 100 managing to pull back 200 points from its low on Monday.
Making matters worse, we glanced down a technical ratings table and in the process discovered brokers are suggesting many companies should be rated as ‘Strong Sell’, the guilty parties often being members of the FTSE 100. We’d hoped higher Oil & Gold prices would place a proportionate focus on extraction shares, ideally pulling the market back and while this has happened, we doubt the effect shall remain unless something positive occurs with the Ukraine/Russia thing.
Meanwhile, there was Hurricane Energy, a company enjoying a reasonable day on the market, up 7.19% on the day and closing the session at 8.8p. More importantly, it closed the session above the Blue downtrend since 2019, this tending suggest the movements may actually have some strength which shall last. The immediate situation is quite exciting, suggesting strength above 9.35p should next promote movement to an initial 12p. If exceeded, our longer term secondary calculates at 17p.
Overall the share is seen as commencing a cycle to 24p eventually as a major point of interest. Given the relative flatline for the last few years, goodness knows how long it should take.
For everything to go horribly wrong, the share price needs close a session below 8.1p as this risks reversal to an initial 6p with secondary, if broken, at 4.7p, essentially a return to the way things were.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:55:07PM | BRENT | 122.83 | Success | ||||||||
| 9:56:57PM | GOLD | 1997.25 | 1974 | 1968 | 1957 | 1985 | 2003 | 2008 | 2024 | 1990 | ‘cess |
| 10:00:58PM | FTSE | 6897.55 | ‘cess | ||||||||
| 10:03:43PM | FRANCE | 5862.5 | ‘cess | ||||||||
| 10:06:16PM | GERMANY | 12603 | Success | ||||||||
| 10:26:34PM | US500 | 4189.52 | 4186 | 4173 | 4091 | 4235 | 4250 | 4273 | 4302 | 4224 | Success |
| 10:41:52PM | DOW | 32737 | ‘cess | ||||||||
| 10:44:39PM | NASDAQ | 13278 | Success | ||||||||
| 10:46:21PM | JAPAN | 25024 | ‘cess |
7/03/2022 FTSE Closed at 6959 points. Change of -0.4%. Total value traded through LSE was: £ 10,224,193,154 a change of 15.38%
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
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:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Aston Martin, Asos, Aviva, Barclays, BALFOUR BEATTY, Barrett Devs, Cellular Goods, Carnival, Capita, 4D Pharma, Diageo, MAN, Experian, EasyJet, Firstgroup, Foxtons, Fresnillo, Glencore Xstra, Hikma, Hurrican Energy, British Airways, IG Group, Intercontinental Hotels Group, International Personal Finance, ITM Power, ITV, Lloyds Grp., Marks and Spencer, Natwest, Ocado Plc, Omega Diags, OPG Power Ventures, Oxford Instruments, Parkmead, Royal Mail, Rolls Royce, Sainsbury, Scancell, Speedyhire, Spirax, Serco, Standard Chartered, The Trainline, Taylor Wimpey, Zoo Digital,
LSE:AML Aston Martin Close Mid-Price: 763.4 Percentage Change: -2.85% Day High: 794.6 Day Low: 700
Target met. If Aston Martin experiences continued weakness below 700, it ……..
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View Previous Aston Martin & Big Picture ***
LSE:ASC Asos. Close Mid-Price: 1690 Percentage Change: + 5.00% Day High: 1800 Day Low: 1502
Target met. In the event Asos experiences weakness below 1502 it calculat ……..
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View Previous Asos & Big Picture ***
LSE:AV. Aviva Close Mid-Price: 374.5 Percentage Change: -3.18% Day High: 385 Day Low: 361.2
If Aviva experiences continued weakness below 361.2, it will invariably l ……..
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View Previous Aviva & Big Picture ***
LSE:BARC Barclays Close Mid-Price: 151.62 Percentage Change: -3.30% Day High: 155.1 Day Low: 142.06
Target met. Continued weakness against BARC taking the price below 142.06 ……..
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View Previous Barclays & Big Picture ***
LSE:BBY BALFOUR BEATTY Close Mid-Price: 215.6 Percentage Change: -1.73% Day High: 220.8 Day Low: 207.8
If BALFOUR BEATTY experiences continued weakness below 207.8, it will inv ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BDEV Barrett Devs Close Mid-Price: 541 Percentage Change: -0.51% Day High: 554.2 Day Low: 511.8
Target met. If Barrett Devs experiences continued weakness below 511.8, i ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 22.75 Percentage Change: + 1.34% Day High: 22 Day Low: 18.6
Target met. If Carclo experiences continued weakness below 18.6, it will ……..
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View Previous Carclo & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 2.88 Percentage Change: -12.88% Day High: 3.5 Day Low: 2.62
Target met. Weakness on Cellular Goods below 2.62 will invariably lead to ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CCL Carnival Close Mid-Price: 1122.2 Percentage Change: -6.14% Day High: 1203.6 Day Low: 1070.6
Target met. Continued weakness against CCL taking the price below 1070.6 ……..
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View Previous Carnival & Big Picture ***
LSE:CPI Capita Close Mid-Price: 20.78 Percentage Change: -6.98% Day High: 22.05 Day Low: 19.89
Target met. If Capita experiences continued weakness below 19.89, it will ……..
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View Previous Capita & Big Picture ***
LSE:DDDD 4D Pharma. Close Mid-Price: 27.9 Percentage Change: + 5.08% Day High: 28.25 Day Low: 24.5
Weakness on 4D Pharma below 24.5 will invariably lead to 23p with seconda ……..
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View Previous 4D Pharma & Big Picture ***
LSE:DGE Diageo Close Mid-Price: 3348.5 Percentage Change: -4.57% Day High: 3421.5 Day Low: 3318
Target met. In the event Diageo experiences weakness below 3318 it calcul ……..
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View Previous Diageo & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 186.55 Percentage Change: + 1.97% Day High: 188.8 Day Low: 177.3
Target met. Continued weakness against EMG taking the price below 177.3 c ……..
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View Previous MAN & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 2828 Percentage Change: -0.18% Day High: 2856 Day Low: 2729
If Experian experiences continued weakness below 2729, it will invariably ……..
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View Previous Experian & Big Picture ***
LSE:EZJ EasyJet Close Mid-Price: 439.5 Percentage Change: -7.53% Day High: 465.5 Day Low: 417.4
Target met. Weakness on EasyJet below 417.4 will invariably lead to 406 w ……..
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View Previous EasyJet & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 88.55 Percentage Change: -3.75% Day High: 97 Day Low: 83.95
Target met. If Firstgroup experiences continued weakness below 83.95, it ……..
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View Previous Firstgroup & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 31.35 Percentage Change: -3.24% Day High: 32.1 Day Low: 30.05
In the event Foxtons experiences weakness below 30.05 it calculates with ……..
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View Previous Foxtons & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 739.4 Percentage Change: -0.35% Day High: 783.4 Day Low: 735.4
Target met. In the event of Fresnillo enjoying further trades beyond 783. ……..
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View Previous Fresnillo & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 474.85 Percentage Change: + 3.08% Day High: 490 Day Low: 465.1
All Glencore Xstra needs are mid-price trades ABOVE 490 to improve accele ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1825 Percentage Change: -1.93% Day High: 1871 Day Low: 1767
Target met. In the event Hikma experiences weakness below 1767 it calcula ……..
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View Previous Hikma & Big Picture ***
LSE:HUR Hurrican Energy. Close Mid-Price: 8.8 Percentage Change: + 7.19% Day High: 9.35 Day Low: 8.21
Target met. In the event of Hurrican Energy enjoying further trades beyon ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 116.24 Percentage Change: -5.86% Day High: 123.38 Day Low: 109.42
Target met. Continued weakness against IAG taking the price below 109.42 ……..
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View Previous British Airways & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 724 Percentage Change: + 0.21% Day High: 731 Day Low: 698
In the event IG Group experiences weakness below 698 it calculates with a ……..
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View Previous IG Group & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4505 Percentage Change: -2.07% Day High: 4665 Day Low: 4300
Weakness on Intercontinental Hotels Group below 4300 will invariably lead ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 90 Percentage Change: -5.26% Day High: 92.7 Day Low: 85.5
Target met. If International Personal Finance experiences continued weakn ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 351.4 Percentage Change: + 11.63% Day High: 361.2 Day Low: 308.2
In the event of ITM Power enjoying further trades beyond 361.2, the share ……..
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View Previous ITM Power & Big Picture ***
LSE:ITV ITV Close Mid-Price: 73.44 Percentage Change: -2.42% Day High: 76.78 Day Low: 69.3
If ITV experiences continued weakness below 69.3, it will invariably lead ……..
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View Previous ITV & Big Picture ***
LSE:LLOY Lloyds Grp. Close Mid-Price: 41.25 Percentage Change: -4.14% Day High: 42.27 Day Low: 38.09
Target met. Continued weakness against LLOY taking the price below 38.09 ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:MKS Marks and Spencer Close Mid-Price: 149.9 Percentage Change: -4.70% Day High: 154.85 Day Low: 140.65
Target met. In the event Marks and Spencer experiences weakness below 140 ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:NWG Natwest Close Mid-Price: 192.85 Percentage Change: -4.77% Day High: 197.25 Day Low: 182.85
Target met. If Natwest experiences continued weakness below 182.85, it wi ……..
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View Previous Natwest & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 1180.5 Percentage Change: -2.76% Day High: 1206 Day Low: 1118
Continued weakness against OCDO taking the price below 1118 calculates as ……..
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View Previous Ocado Plc & Big Picture ***
LSE:ODX Omega Diags. Close Mid-Price: 5.5 Percentage Change: + 24.29% Day High: 5.75 Day Low: 4.25
If Omega Diags experiences continued weakness below 4.25, it will invaria ……..
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View Previous Omega Diags & Big Picture ***
LSE:OPG OPG Power Ventures. Close Mid-Price: 7 Percentage Change: + 3.70% Day High: 6.92 Day Low: 6.6
Weakness on OPG Power Ventures below 6.6 will invariably lead to 6.25 nex ……..
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View Previous OPG Power Ventures & Big Picture ***
LSE:OXIG Oxford Instruments Close Mid-Price: 1760 Percentage Change: -22.81% Day High: 1892 Day Low: 1600
Target met. Continued weakness against OXIG taking the price below 1600 c ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:PMG Parkmead. Close Mid-Price: 57 Percentage Change: + 11.11% Day High: 59.2 Day Low: 53
Continued trades against PMG with a mid-price ABOVE 59.2 should improve t ……..
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View Previous Parkmead & Big Picture ***
LSE:RMG Royal Mail Close Mid-Price: 339.5 Percentage Change: -3.82% Day High: 346 Day Low: 330.6
Target met. Weakness on Royal Mail below 330.6 will invariably lead to 31 ……..
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View Previous Royal Mail & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 88.21 Percentage Change: -2.24% Day High: 92.59 Day Low: 83.5
Continued weakness against RR. taking the price below 83.5 calculates as ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 250.5 Percentage Change: + 0.72% Day High: 250.9 Day Low: 236.3
Target met. If Sainsbury experiences continued weakness below 236.3, it w ……..
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View Previous Sainsbury & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 11.62 Percentage Change: -7.92% Day High: 12.62 Day Low: 11.5
Weakness on Scancell below 11.5 will invariably lead to 11.25 with second ……..
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View Previous Scancell & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 47.3 Percentage Change: -2.57% Day High: 48.6 Day Low: 46.2
Continued weakness against SDY taking the price below 46.2 calculates as ……..
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View Previous Speedyhire & Big Picture ***
LSE:SPX Spirax. Close Mid-Price: 11360 Percentage Change: + 2.11% Day High: 11430 Day Low: 10785
In the event Spirax experiences weakness below 10785 it calculates with a ……..
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View Previous Spirax & Big Picture ***
LSE:SRP Serco Close Mid-Price: 121.2 Percentage Change: -2.73% Day High: 124.5 Day Low: 118.9
Target met. If Serco experiences continued weakness below 118.9, it will ……..
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View Previous Serco & Big Picture ***
LSE:STAN Standard Chartered Close Mid-Price: 450.4 Percentage Change: -4.01% Day High: 460 Day Low: 431.3
Weakness on Standard Chartered below 431.3 will invariably lead to 407 wi ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TRN The Trainline Close Mid-Price: 159.6 Percentage Change: -2.80% Day High: 166.9 Day Low: 147.4
Target met. If The Trainline experiences continued weakness below 147.4, ……..
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View Previous The Trainline & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 130.55 Percentage Change: -1.92% Day High: 134.9 Day Low: 125.65
Target met. Continued weakness against TW. taking the price below 125.65 ……..
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View Previous Taylor Wimpey & Big Picture ***
LSE:ZOO Zoo Digital Close Mid-Price: 96.4 Percentage Change: -2.63% Day High: 101 Day Low: 97.5
In the event Zoo Digital experiences weakness below 97.5 it calculates wi ……..
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View Previous Zoo Digital & Big Picture ***