#Gold #SP500 It was a funny old day. Having discovered a new brand of bird kept trying to drown itself in a local salmon river, the decision was made to carry a proper camera in the hope of getting a snapshot of its antics. No matter what, a mobile phone remains best used for cat videos and selfies! But it seems a modern camera can provoke attention from the wrong places, presumably due to the range of sensors employed.
The suicidal bird, it turned out, was something called a Dipper and unlike proper aquatic birds, it lacks web feet and a big pointed beak. Instead, the thing was masquerading as similar to a Robin in every respect aside from flapping its wings like a lunatic, then vanishing under the surface of the river repeatedly. Sometimes it would fly to shore and perch on a bush, before once again trying to drown itself. Never having seen such behaviour previously, a local bird enthusiast told me what I’d been watching, growing excited as White Throated Dippers are apparently quite rare, due to their perceived deprivations of young salmon making their way downstream to the sea. And as my wife didn’t believe what I’d seen was real, suspecting I’d just seen a bird taking a bath, it was time for a real camera. This was to provoke something of a surprise as, due to the river now being in full flood thanks to rain, no self respecting bird would dare going under water. But, as the dog walk concluded, the noise of a flight of helicopters got my attention and inevitably, it was time for the Nikon camera to do its stuff. Unusually, I’d plenty of time to take a snapshot, so messed around with all the controls to ensure I’d the proper range, light levels, and every other nuisance detail which makes camera’s so sensitive. Judging by the R2D2 character embedded at the front of a modern helicopter, it had also detected my camera electronics as the camera pod appeared to swivel immediate to look straight back! The age of “The Terminator” appears to be upon us but maybe next time, I shall dig out an old Panasonic which lacks modern gadgets.
And as for the Dipper, tomorrow is another day. 
For Costain Group, the share price has enjoyed a pretty vile ride since 2018 and it looks about as certain as it can be the price has achieved a “bottom” in the 30’s since 2020. The problem, obviously, has been the share price failure to enjoy any sort of realistic bounce. The situation now demands the share price exceed 68p to provoke some proper recovery, giving the potential of a lift to an initial 87p with secondary, if exceeded, calculating at 107p and some hesitation. It appears closure at or above this level shall prove crucial for the long term as a surge toward 152p becomes very possible.
Hopefully the UK Govt and the BoE ease up on their assault on the building industry with interest rates, allowing for some proper recovery for the sector.
If things intend going wrong, the Big Picture suggests 30p as an absolute bottom but the situation now exists where below 37p risks triggering reversal to 28 with secondary, if broken, at 14p. While these targets are arithmetically possible, recovering from such a level looks extremely difficult.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:07:58PM | BRENT | 9410 | |||||||||
| 10:10:19PM | GOLD | 1933.43 | 1922 | 1917 | 1912 | 1929 | 1934 | 1936 | 1948 | 1925 | |
| 10:14:12PM | FTSE | 7659.8 | Success | ||||||||
| 10:16:53PM | STOX50 | 4244.6 | Success | ||||||||
| 10:19:33PM | GERMANY | 15721.6 | Success | ||||||||
| 10:23:19PM | US500 | 4454.1 | 4447 | 4442 | 4420 | 4461 | 4466 | 4470 | 4479 | 4447 | |
| 10:26:17PM | DOW | 34628.5 | |||||||||
| 10:28:50PM | NASDAQ | 15233.9 | |||||||||
| 10:32:49PM | JAPAN | 33254 | ‘cess |
18/09/2023 FTSE Closed at 7652 points. Change of -0.77%. Total value traded through LSE was: £ 3,919,854,652 a change of -71.71%
15/09/2023 FTSE Closed at 7711 points. Change of 0.5%. Total value traded through LSE was: £ 13,856,220,608 a change of 129.91%
14/09/2023 FTSE Closed at 7673 points. Change of 1.97%. Total value traded through LSE was: £ 6,026,828,350 a change of 14.3%
13/09/2023 FTSE Closed at 7525 points. Change of -0.03%. Total value traded through LSE was: £ 5,272,761,043 a change of 13.44%
12/09/2023 FTSE Closed at 7527 points. Change of 0.41%. Total value traded through LSE was: £ 4,648,224,872 a change of 0.61%
11/09/2023 FTSE Closed at 7496 points. Change of 0.24%. Total value traded through LSE was: £ 4,619,826,018 a change of -15.09%
8/09/2023 FTSE Closed at 7478 points. Change of 0.5%. Total value traded through LSE was: £ 5,440,944,541 a change of 24.28%
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:CNA Centrica** **LSE:FGP Firstgroup** **LSE:OXIG Oxford Instruments** **LSE:SPT Spirent Comms** **
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Updated charts published on : Aston Martin, Centrica, Firstgroup, Oxford Instruments, Spirent Comms,
LSE:AML Aston Martin Close Mid-Price: 296.4 Percentage Change: -9.02% Day High: 329.8 Day Low: 287.2
If Aston Martin experiences continued weakness below 287.2, it will invar ……..
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View Previous Aston Martin & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 170 Percentage Change: + 0.18% Day High: 171.55 Day Low: 169.05
In the event of Centrica enjoying further trades beyond 171.55, the share ……..
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View Previous Centrica & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 156.9 Percentage Change: + 0.45% Day High: 160 Day Low: 156.8
Further movement against Firstgroup ABOVE 160 should improve acceleration ……..
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View Previous Firstgroup & Big Picture ***
LSE:OXIG Oxford Instruments Close Mid-Price: 2185 Percentage Change: -4.79% Day High: 2400 Day Low: 2175
All Oxford Instruments needs are mid-price trades ABOVE 2400 to improve a ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:SPT Spirent Comms Close Mid-Price: 139.6 Percentage Change: -1.83% Day High: 143.8 Day Low: 139
Target met. Continued weakness against SPT taking the price below 139 cal ……..
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View Previous Spirent Comms & Big Picture ***