#Dax_Futures #Dow
Something remained absent from TV, when 2021 turned into 2022. Traditionally we all faced a barrage of travel company commercials, all of which were utterly wasted in 2020 and mostly wasted at the start of 2021. Travel companies obviously opted to play safe this year, forgetting to remind us a nicer world awaits outside the UK. The recent demise of a manager at Manchester Airport suggested travel companies may not be suffering, despite their lack of alluring commercials.
Apparently Manchester Airport handled around 70,000 travellers in March 2021. This number nudged upward slightly in March 2022, over 2 million people slowly shuffling toward their aircraft. Management, however, remained in a mindset of 2021’s passenger numbers, hence the utter chaos. Which, in fairness, has effected other airports to lesser degrees. It becomes obvious the travel companies will be experiencing an uptick in demand and, as a result, surely it’s just a matter of time before organisations like TUI mention a change in fortunes. Hopefully such a mention shall produce a result with their share price as it appears to be marking time at present.
The share price for Tui Ag is remained, quite carefully, below the Blue downtrend since 2019. Equally, the price has studiously failed exceed the point of trend break for the previous Red uptrend since 2020 and conventionally, when we take these two signals together we’re supposed to anticipate the worst. In the case of Tui, ‘the worst’ translates into reversal to an ultimate bottom of just 35p. Visually absolutely nothing about such a target level makes sense with the result we smell a rat.
It’s certainly possible, maybe even probable, Tui shall exhibit some final reversal before a break through the Blue line, one of these kind gestures by the stock market, designed to scare the heck out of traders prior to a sharp rise. Should this be the game plan, we can calculate below 224p as threatening reversal to an initial 211p with secondary, if broken, at 192p and ideally the point where a bounce potential shall be discovered.
Any bounce capable of exceeding 249p should prove interesting as we can work out an initial ambition now at 282p. Ideally with closure above such a number, our secondary calculates at 322p but, in fairness, Tui could easily sprint onward to the 426p level, a point where a vague glass ceiling awaits.
If our suspicion is correct, Tui should experience a sharp reversal prior to a surge upward. It’s marginally possible the reversal on the 11th April shall prove sufficient but it really didn’t feel like the market was trying hard enough to scare the pants off folk.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:48:07PM | BRENT | 104.6 | Success | ||||||||
| 9:49:39PM | GOLD | 1965.78 | ‘cess | ||||||||
| 9:51:28PM | FTSE | 7547 | Success | ||||||||
| 9:53:54PM | FRANCE | 6501 | ‘cess | ||||||||
| 9:56:07PM | GERMANY | 14030.99 | 13962 | 13885 | 13738 | 14095 | 14144 | 14192 | 14297 | 14042 | Success |
| 9:58:27PM | US500 | 4401.57 | ‘cess | ||||||||
| 10:03:36PM | DOW | 34254 | 34102 | 34037 | 33824 | 34290 | 34360 | 34481 | 34608 | 34250 | Shambles |
| 10:06:36PM | NASDAQ | 13951 | Success | ||||||||
| 10:08:31PM | JAPAN | 26305 | Success |
12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%
11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%
8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%
7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%
6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%
5/04/2022 FTSE Closed at 7613 points. Change of 0.73%. Total value traded through LSE was: £ 8,046,795,473 a change of 61.76%
4/04/2022 FTSE Closed at 7558 points. Change of 0.28%. Total value traded through LSE was: £ 4,974,492,195 a change of -8.16%
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:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:FGP Firstgroup** **LSE:JET Just Eat** **LSE:SCLP Scancell** **LSE:SRP Serco** **LSE:TRN The Trainline** **
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Updated charts published on : Aston Martin, Asos, BP PLC, British Telecom, Firstgroup, Just Eat, Scancell, Serco, The Trainline,
LSE:AML Aston Martin. Close Mid-Price: 817.2 Percentage Change: + 0.69% Day High: 831 Day Low: 785
Continued weakness against AML taking the price below 785 calculates as l ……..
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View Previous Aston Martin & Big Picture ***
LSE:ASC Asos. Close Mid-Price: 1612 Percentage Change: + 4.81% Day High: 1648 Day Low: 1447
If Asos experiences continued weakness below 1447, it will invariably lea ……..
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View Previous Asos & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 395.95 Percentage Change: + 2.41% Day High: 398 Day Low: 388.4
Target met. In the event of BP PLC enjoying further trades beyond 398, th ……..
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View Previous BP PLC & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 193.7 Percentage Change: + 0.62% Day High: 193.8 Day Low: 190
In the event of British Telecom enjoying further trades beyond 193.8, the ……..
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View Previous British Telecom & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 115 Percentage Change: -0.86% Day High: 117 Day Low: 114.3
All Firstgroup needs are mid-price trades ABOVE 117 to improve accelerati ……..
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View Previous Firstgroup & Big Picture ***
LSE:JET Just Eat Close Mid-Price: 2502.5 Percentage Change: -1.48% Day High: 2550.5 Day Low: 2460
In the event Just Eat experiences weakness below 2460 it calculates with ……..
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View Previous Just Eat & Big Picture ***
LSE:SCLP Scancell. Close Mid-Price: 17.25 Percentage Change: + 2.07% Day High: 18.75 Day Low: 16.12
Further movement against Scancell ABOVE 18.75 should improve acceleration ……..
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View Previous Scancell & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 148.1 Percentage Change: + 0.95% Day High: 148.6 Day Low: 144.6
Continued trades against SRP with a mid-price ABOVE 148.6 should improve ……..
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View Previous Serco & Big Picture ***
LSE:TRN The Trainline. Close Mid-Price: 281.7 Percentage Change: + 1.44% Day High: 291.5 Day Low: 272.2
All The Trainline needs are mid-price trades ABOVE 291.5 to improve accel ……..
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View Previous The Trainline & Big Picture ***