#Brent #US500 With summer drawing to a close here in Argyll, the monsoon season appears to be kicking in a few weeks early, unfortunately this time accompanied by the arrival of two grand-daughters expecting daily adventures in kayaks or paddleboards. Thankfully, both girls eschewed “outdoors fun” over the weekend, somehow coming to the decision that spending time outside, in the wind and torrential rain, didn’t compare to mobile phone facetime with their chums.
Amusingly, Monday will see the girls spend the day afloat, wearing wetsuits and lifejackets, a chum taking them for a tour of the area (while she does something related to inspecting fisheries) and we fully expect them to arrive home, utterly soaked and probably cold, doubtless wanting to go out on the fast boat again next Monday too.
This is all very unlike NatWest, a share where it’s clearly not fun with the first impressions and several years later, remaining distinctly humourless. We reviewed it three weeks ago and in the period since, price movements have been less exciting than a game of “Guess Which TV Presenter Did It”. Our inclination is toward some hope, due to the share price TWICE managing to close a session above the 245p trend break level. From our perspective, this greatly reduces the prospects of any immediate dip.
If we take a look for signs of imminent danger, allegedly below 239p should invoke the threat of weakness to 224 next with our secondary, if broken, at 217p and hopefully a rebound. However, if we adhere to our usual demand for a ‘lower low’, the real danger level should be regarded as 229p.
For optimism, above 249p suggests the potential of price gains to an initial 255p with our secondary, if bettered, calculating at a longer term 265p. Visually, closure above 265p looks important for the future, making a strong gain to 291p something approaching a near certainty.
Hopefully, Natwest decides to do something interesting during the holiday period, giving a worthwhile excuse to explain things for two bored children…
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:23:15PM | BRENT | 7951.3 | 7946 | 7932 | 7856 | 7988 | 8160 | 8304 | 8488 | 8078 |
| 9:25:24PM | GOLD | 1954.63 | ||||||||
| 9:27:22PM | FTSE | 7418 | ||||||||
| 9:37:57PM | STOX50 | 4383.3 | ||||||||
| 9:39:54PM | GERMANY | 16074.4 | ||||||||
| 9:42:02PM | US500 | 4502.5 | 4498 | 4488 | 4475 | 4409 | 4527 | 4536 | 4541 | 4501 |
| 9:44:20PM | DOW | 34476.5 | ||||||||
| 9:48:36PM | NASDAQ | 15558.5 | ||||||||
| 10:02:50PM | JAPAN | 32336 |
14/07/2023 FTSE Closed at 7434 points. Change of -0.08%. Total value traded through LSE was: £ 3,691,976,999 a change of -20.65%
13/07/2023 FTSE Closed at 7440 points. Change of 0.32%. Total value traded through LSE was: £ 4,652,935,320 a change of -35.19%
12/07/2023 FTSE Closed at 7416 points. Change of 1.84%. Total value traded through LSE was: £ 7,179,397,183 a change of 76.59%
11/07/2023 FTSE Closed at 7282 points. Change of 0.12%. Total value traded through LSE was: £ 4,065,629,486 a change of 3.17%
10/07/2023 FTSE Closed at 7273 points. Change of 0.23%. Total value traded through LSE was: £ 3,940,608,069 a change of 3.75%
7/07/2023 FTSE Closed at 7256 points. Change of -0.33%. Total value traded through LSE was: £ 3,798,027,374 a change of -31.82%
6/07/2023 FTSE Closed at 7280 points. Change of -2.18%. Total value traded through LSE was: £ 5,570,653,867 a change of 7.74% 
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:AFC AFC Energy** **LSE:CBX Cellular Goods** **LSE:MMAG Music Magpie** **LSE:ODX Omega Diags** **LSE:SCLP Scancell** **LSE:TLW Tullow** **LSE:ZOO Zoo Digital** **
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Updated charts published on : AFC Energy, Cellular Goods, Music Magpie, Omega Diags, Scancell, Tullow, Zoo Digital,
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LSE:MMAG Music Magpie Close Mid-Price: 14.8 Percentage Change: -2.95% Day High: 15.25 Day Low: 14.25
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LSE:ODX Omega Diags. Close Mid-Price: 2.9 Percentage Change: + 1.75% Day High: 2.9 Day Low: 2.85
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LSE:SCLP Scancell Close Mid-Price: 9.85 Percentage Change: -6.19% Day High: 10.88 Day Low: 9.75
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LSE:TLW Tullow. Close Mid-Price: 30.94 Percentage Change: + 3.76% Day High: 31.2 Day Low: 29.8
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LSE:ZOO Zoo Digital Close Mid-Price: 66 Percentage Change: -36.84% Day High: 77 Day Low: 65.5
Target met. Continued weakness against ZOO taking the price below 65.5 ca ……..
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