#Brent #Dax
As the UK starts to play the last game of ‘Find A Prime Minister’ for 2022, maybe a miracle shall occur. More likely, with a search restricted to the immediate trough, we shall enjoy a General Election early in 2023. Surely politicians cannot be so completely self unaware as to completely miss the low regard in which they are held, similar to UK retail bank shares, only worse!
Lloyds share price is still a little concerning as below 40p now suggests imminent weakness down to an initial 36.7p. If broken, our longer term secondary now works out at 33.25p, hopefully a point at which a proper rebound shall occur.
Otherwise, it is still the case Lloyds requires – from our perspective – to close a session above 43.5p to give real hope. A truly surprise movement like this should position the share price quite neatly, now capable of recovery to an initial 47p with secondary, if exceeded, working out at a longer term 51.8p. Unfortunately, for now, Lloyds share price movements are making about as much sense as the governments ability to discover someone competent to lead it.
We fear Lloyds is destined to explore further depths, probably with an eventual bottom at our 33.25p. It even makes sense visually.
Finally, sorry this report is so short and sharp. It’s absolutely nothing to do with watching the US Grand Prix on Sunday evening, nothing at all…
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 8:53:55PM | BRENT | 91.82 | 89.66 | 89.22 | 87.85 | 91.38 | 92.3 | 92.75 | 93.78 | 91.3 |
| 8:55:11PM | GOLD | 1658.23 | 1637 | |||||||
| 8:59:24PM | FTSE | 7004.06 | 6948 | |||||||
| 9:01:36PM | STOX50 | 3522 | 3459 | |||||||
| 9:03:55PM | GERMANY | 12873 | 12675 | 12531 | 12392 | 12822 | 12874 | 12961 | 13101 | 12730 |
| 9:06:23PM | US500 | 3754.07 | 3730 | |||||||
| 9:08:22PM | DOW | 31092.7 | 30822 | |||||||
| 9:10:18PM | NASDAQ | 11311 | 11175 | |||||||
| 9:12:04PM | JAPAN | 27140 | 26962 |
21/10/2022 FTSE Closed at 6969 points. Change of 0.37%. Total value traded through LSE was: £ 4,647,659,700 a change of -14.5%
20/10/2022 FTSE Closed at 6943 points. Change of 0.27%. Total value traded through LSE was: £ 5,436,111,933 a change of 16.23%
19/10/2022 FTSE Closed at 6924 points. Change of -0.17%. Total value traded through LSE was: £ 4,677,060,342 a change of 1.53%
18/10/2022 FTSE Closed at 6936 points. Change of 0.23%. Total value traded through LSE was: £ 4,606,547,755 a change of 0%
17/10/2022 FTSE Closed at 6920 points. Change of 0.9%. Total value traded through LSE was: £ 4,606,393,574 a change of -22.77%
14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%
13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%
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:CEY Centamin** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:OCDO Ocado Plc** **
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Updated charts published on : Barclays, Centamin, Centrica, Darktrace Plc, Hikma, Ocado Plc,
LSE:BARC Barclays Close Mid-Price: 145.04 Percentage Change: -0.21% Day High: 145.78 Day Low: 141.9
If Barclays experiences continued weakness below 141.9, it will invariabl ……..
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View Previous Barclays & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 90.58 Percentage Change: + 2.17% Day High: 90.7 Day Low: 86.64
In the event of Centamin enjoying further trades beyond 90.7, the share s ……..
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View Previous Centamin & Big Picture ***
LSE:CNA Centrica Close Mid-Price: 67.36 Percentage Change: -2.72% Day High: 69.62 Day Low: 65.78
If Centrica experiences continued weakness below 65.78, it will invariabl ……..
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View Previous Centrica & Big Picture ***
LSE:DARK Darktrace Plc Close Mid-Price: 347.9 Percentage Change: -4.82% Day High: 372.2 Day Low: 343.1
In the event of Darktrace Plc enjoying further trades beyond 372.2, the s ……..
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View Previous Darktrace Plc & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1197 Percentage Change: -1.12% Day High: 1212.5 Day Low: 1184
If Hikma experiences continued weakness below 1184, it will invariably le ……..
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View Previous Hikma & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 741.8 Percentage Change: -1.93% Day High: 757.2 Day Low: 736
Weakness on Hargreaves Lansdown below 736 will invariably lead to 722 wit ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 484.6 Percentage Change: -1.88% Day High: 502.4 Day Low: 467.9
Continued trades against OCDO with a mid-price ABOVE 502.4 should improve ……..
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View Previous Ocado Plc & Big Picture ***