#Brent #Dax
We’ve a habit, perhaps a bad habit, of awaiting market Futures opening at 11pm on Sunday evenings in the hope of gleaning just what Monday may have in store. Unfortunately, it’s often the case the only confident signal is the expectation of the markets opening on Monday morning as everything else can be a little vague. Though increasingly, we’ve learned to take the stance if the Futures head in one direction at the evening re-open, we should anticipate the converse direction the following day.
This, obviously, makes about as much sense as the current Coal Mine protest in Germany, an operation approved by the Green Party and also, with remarkable multi-tasking, being objected to by the Greens. It’s proving rather more entertaining than attempts to demonise Prince Harry by the UK media, finally proving Germany does have a sense of humour.
Barclays share price also continues to amuse everyone and now faces a little challenge.
The share price has a Blue Line, a downtrend which dates back to 2007, and we’re increasingly curious as to whether it shall have an affect on share price performance in the near term. Friday have us sufficient reason for thought, the market taking the price almost to this trend line, only to hesitate in the final few minutes of trade. This downtrend calculates as being at 181.15p at time of writing. Our software demands closure above this level as being the trigger to commence a movement cycle to an initial 194p. Our longer term secondary, should such a point be exceeded, works out at a sane looking 216p, the same price level achieved as a high in 2022 and therefore, deserving some hesitation. We’re teasing with a discrete line at a long term 288p, this calculating as a potential target with movement above 216p.
For everything to go wrong, Barclays share price now needs below 156 to possibly trigger reversal to an initial 147 with secondary, if broken, a hopeful bottom still at 135p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 10:01:09PM | BRENT | 85.55 | 83.5 | 83.02 | 82.16 | 84.7 | 85.6 | 86.09 | 87.3 | 84.5 |
| 10:03:36PM | GOLD | 1920.84 | 1891 | |||||||
| 10:05:17PM | FTSE | 7855.54 | 7839 | |||||||
| 10:07:16PM | STOX50 | 4169.8 | 4124 | |||||||
| 10:08:51PM | GERMANY | 15154.25 | 15037 | 14990 | 14935 | 15108 | 15155 | 15178 | 15225 | 15078 |
| 10:10:34PM | US500 | 3989.92 | 3971 | |||||||
| 10:12:15PM | DOW | 34233.7 | 34126 | |||||||
| 10:30:49PM | NASDAQ | 11494 | 11380 | |||||||
| 10:33:18PM | JAPAN | 25805 | 25754 |
13/01/2023 FTSE Closed at 7844 points. Change of 0.64%. Total value traded through LSE was: £ 5,680,414,260 a change of -0.9%
12/01/2023 FTSE Closed at 7794 points. Change of 0.91%. Total value traded through LSE was: £ 5,732,068,747 a change of -8.81%
11/01/2023 FTSE Closed at 7724 points. Change of 0.39%. Total value traded through LSE was: £ 6,286,062,115 a change of 15.31%
10/01/2023 FTSE Closed at 7694 points. Change of -0.39%. Total value traded through LSE was: £ 5,451,478,270 a change of 2.33%
9/01/2023 FTSE Closed at 7724 points. Change of 0.32%. Total value traded through LSE was: £ 5,327,251,474 a change of 8.1%
6/01/2023 FTSE Closed at 7699 points. Change of 0.86%. Total value traded through LSE was: £ 4,928,257,963 a change of -18.51%
5/01/2023 FTSE Closed at 7633 points. Change of -100%. Total value traded through LSE was: £ 6,047,458,257 a change of 0%
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:ASC Asos** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CNA Centrica** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **
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Updated charts published on : Asos, Avacta, Barclays, Barrett Devs, Centrica, MAN, EasyJet, Firstgroup, Foxtons, HSBC, British Airways, Intercontinental Hotels Group, IQE, Just Eat, Lloyds Grp., Marks and Spencer, Natwest, Ocado Plc, Polymetal, Rolls Royce, Tesco,
LSE:ASC Asos. Close Mid-Price: 745 Percentage Change: + 5.15% Day High: 764 Day Low: 698.5
Target met. All Asos needs are mid-price trades ABOVE 764 to improve acce ……..
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View Previous Asos & Big Picture ***
LSE:AVCT Avacta. Close Mid-Price: 134.1 Percentage Change: + 3.15% Day High: 133.5 Day Low: 129
Continued trades against AVCT with a mid-price ABOVE 133.5 should improve ……..
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View Previous Avacta & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 180.74 Percentage Change: + 2.07% Day High: 180.98 Day Low: 176.94
All Barclays needs are mid-price trades ABOVE 180.98 to improve accelerat ……..
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View Previous Barclays & Big Picture ***
LSE:BDEV Barrett Devs. Close Mid-Price: 455 Percentage Change: + 0.84% Day High: 454.9 Day Low: 447.7
Continued trades against BDEV with a mid-price ABOVE 454.9 should improve ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 96.8 Percentage Change: + 1.60% Day High: 98.56 Day Low: 95
Further movement against Centrica ABOVE 98.56 should improve acceleration ……..
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View Previous Centrica & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 229 Percentage Change: + 1.15% Day High: 232.1 Day Low: 225.4
In the event of MAN enjoying further trades beyond 232.1, the share shoul ……..
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View Previous MAN & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 431.3 Percentage Change: + 3.13% Day High: 440.3 Day Low: 417
In the event of EasyJet enjoying further trades beyond 440.3, the share s ……..
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View Previous EasyJet & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 108.7 Percentage Change: + 4.52% Day High: 109.5 Day Low: 103.7
All Firstgroup needs are mid-price trades ABOVE 109.5 to improve accelera ……..
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View Previous Firstgroup & Big Picture ***
LSE:FOXT Foxtons. Close Mid-Price: 37.6 Percentage Change: + 5.92% Day High: 38.95 Day Low: 35.95
Continued trades against FOXT with a mid-price ABOVE 38.95 should improve ……..
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View Previous Foxtons & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 591.2 Percentage Change: + 1.62% Day High: 594.6 Day Low: 584.2
Target met. All HSBC needs are mid-price trades ABOVE 594.6 to improve ac ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 157.32 Percentage Change: + 2.92% Day High: 157.32 Day Low: 151.74
In the event of British Airways enjoying further trades beyond 157.32, t ……..
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View Previous British Airways & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5422 Percentage Change: + 1.50% Day High: 5448 Day Low: 5352
All Intercontinental Hotels Group needs are mid-price trades ABOVE 5448 t ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 59.9 Percentage Change: + 2.74% Day High: 60.8 Day Low: 58.3
Target met. All IQE needs are mid-price trades ABOVE 60.8 to improve acce ……..
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View Previous IQE & Big Picture ***
LSE:JET Just Eat. Close Mid-Price: 2185.5 Percentage Change: + 2.99% Day High: 2262.5 Day Low: 2115
Target met. Further movement against Just Eat ABOVE 2262.5 should improve ……..
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View Previous Just Eat & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.62 Percentage Change: + 1.77% Day High: 49.96 Day Low: 48.8
Further movement against Lloyds Grp. ABOVE 49.96 should improve accelerat ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 145.9 Percentage Change: + 0.41% Day High: 150.3 Day Low: 144.9
Target met. In the event of Marks and Spencer enjoying further trades bey ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 295 Percentage Change: + 2.61% Day High: 295.4 Day Low: 288
All Natwest needs are mid-price trades ABOVE 295.4 to improve acceleratio ……..
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View Previous Natwest & Big Picture ***
LSE:OCDO Ocado Plc. Close Mid-Price: 768.2 Percentage Change: + 1.37% Day High: 779.8 Day Low: 742
Target met. In the event of Ocado Plc enjoying further trades beyond 779. ……..
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View Previous Ocado Plc & Big Picture ***
LSE:POLY Polymetal. Close Mid-Price: 326 Percentage Change: + 3.49% Day High: 324.7 Day Low: 315
Continued trades against POLY with a mid-price ABOVE 324.7 should improve ……..
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View Previous Polymetal & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 108.76 Percentage Change: + 4.58% Day High: 109.56 Day Low: 104.18
Target met. Further movement against Rolls Royce ABOVE 109.56 should impr ……..
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View Previous Rolls Royce & Big Picture ***
LSE:TSCO Tesco Close Mid-Price: 245.6 Percentage Change: -0.16% Day High: 249.6 Day Low: 244.2
Continued trades against TSCO with a mid-price ABOVE 249.6 should improve ……..
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View Previous Tesco & Big Picture ***