#FTSE #NK225 To continue our reminiscence over what we said exactly a year ago (December) along with what happened next, Deutsche Bank has behaved just like a British financial institution by producing very little meaningful movement. It exactly hit our secondary target at the end of January this year, then has flopped around like a half dead fish on the dock. The malaise infecting the UK market is certainly wider spread!
Given DBK share price took around 45 days to reach our target levels quite literally exactly, before falling around in the confusion which has been 2023, perhaps it shall prove the case the German bank shall perform a similar party trick in 2024. It’s certainly the case the share price is already twitching like a child, desperate to get the unwrapping of Xmas presents started. Nowadays, as we pretend to enjoy the role of being grandparents, the girls are blissfully unaware every slow sip of morning coffee on Xmas day has been meticulously planned to increase frustration, along with final hesitation while asking who wants to come out for a dog walk before we do the presents… With age comes great mischievousness!
As an aside, this year we’re planning on giving the girls a treasure hunt, each present containing a clue as to where the next one is. Such a simple prospect is obviously complicated by the Scottish weather as we’re planning on both indoors or outdoors searches.
But as mentioned, DBK has a share price which currently appears to be showing modest prospects. Movement now above just 12€ calculates with an almost certain lift to a potential 13.2€ with our longer term secondary working out at a longer term 15.5€. This secondary shall prove pretty critical from a Big Picture perspective, affording the share the chance of closing at a higher level than any achieved in the last five years. This should prove to be quite a big deal, moving the price into a zone where it becomes possible to dream a future 30€ is exerting an attraction for the share price.
However, for now, it’s probably best to confine oneself to simply dreaming of a white Christmas and hoping nothing happens to propel DBK below Red on the chart, currently at 9 €. From a numbers perspective, this would be a bad thing
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:49:29PM | BRENT | 73.53 | 72.9 | 72.03 | 70.54 | 75.3 | 76.67 | 78.12 | 79.86 | 74.86 | Success |
| 10:52:52PM | GOLD | 1980.03 | 1974 | 1966 | 1956 | 1983 | 1996 | 2007 | 2018 | 1982 | ‘cess |
| 10:56:35PM | FTSE | 7558.9 | 7548 | 7525 | 7497 | 7578 | 7599 | 7609 | 7632 | 7560 | ‘cess |
| 10:58:48PM | STOX50 | 4549.4 | 4526 | 4515 | 4500 | 4546 | 4560 | 4563 | 4574 | 4539 | |
| 11:03:12PM | GERMANY | 16801 | 16731 | 16699 | 16646 | 16819 | 16840 | 16870 | 16910 | 16794 | ‘cess |
| 11:05:46PM | US500 | 4649.5 | 4606 | 4597 | 4579 | 4636 | 4651 | 4720 | 4926 | 4605 | Success |
| 11:10:45PM | DOW | 36623 | 36368 | 36325 | 36221 | 36502 | 36638 | 37135 | 37825 | 36422 | Success |
| 11:13:21PM | NASDAQ | 16389 | 16176 | 16144 | 16061 | 16294 | 16393 | 16421 | 16526 | 16224 | Success |
| 11:23:56PM | JAPAN | 33014 | 32728 | 32582 | 32371 | 32910 | 33142 | 33348 | 33742 | 32944 | Shambles |
12/12/2023 FTSE Closed at 7542 points. Change of -0.03%. Total value traded through LSE was: £ 5,453,180,069 a change of 16.03%
11/12/2023 FTSE Closed at 7544 points. Change of -0.13%. Total value traded through LSE was: £ 4,699,736,729 a change of -1.07%
8/12/2023 FTSE Closed at 7554 points. Change of 0.55%. Total value traded through LSE was: £ 4,750,603,507 a change of -16.53%
7/12/2023 FTSE Closed at 7513 points. Change of -0.03%. Total value traded through LSE was: £ 5,691,416,870 a change of -34.9%
6/12/2023 FTSE Closed at 7515 points. Change of 0.35%. Total value traded through LSE was: £ 8,742,933,283 a change of 113.36%
5/12/2023 FTSE Closed at 7489 points. Change of -0.31%. Total value traded through LSE was: £ 4,097,792,180 a change of -8.47%
4/12/2023 FTSE Closed at 7512 points. Change of -0.23%. Total value traded through LSE was: £ 4,476,825,041 a change of -0.54%
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:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **
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Updated charts published on : AFC Energy, Aviva, Barrett Devs, ECO (Atlantic) O & G, Experian, EasyJet, Foxtons, IG Group, Intercontinental Hotels Group, Marks and Spencer, National Glib, Ocado Plc, Rolls Royce, Scottish Mortgage Investment Trust, Tesco, Taylor Wimpey, Vodafone,
LSE:AFC AFC Energy. Close Mid-Price: 19 Percentage Change: + 3.83% Day High: 21.75 Day Low: 18.02
Continued trades against AFC with a mid-price ABOVE 21.75 should improve ……..
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View Previous AFC Energy & Big Picture ***
LSE:AV. Aviva. Close Mid-Price: 431.2 Percentage Change: + 0.49% Day High: 432 Day Low: 427
Further movement against Aviva ABOVE 432 should improve acceleration towa ……..
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View Previous Aviva & Big Picture ***
LSE:BDEV Barrett Devs Close Mid-Price: 541.6 Percentage Change: -0.04% Day High: 549.6 Day Low: 541.2
Target met. All Barrett Devs needs are mid-price trades ABOVE 549.6 to im ……..
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View Previous Barrett Devs & Big Picture ***
LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 9.1 Percentage Change: -2.15% Day High: 9.3 Day Low: 9.06
Target met. Weakness on ECO (Atlantic) O & G below 9.06 will invariably l ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3138 Percentage Change: + 0.54% Day High: 3148 Day Low: 3117
All Experian needs are mid-price trades ABOVE 3148 to improve acceleratio ……..
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View Previous Experian & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 490.5 Percentage Change: + 2.79% Day High: 491.9 Day Low: 477.7
Continued trades against EZJ with a mid-price ABOVE 491.9 should improve ……..
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View Previous EasyJet & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 44.45 Percentage Change: -0.11% Day High: 45.9 Day Low: 44.6
Continued trades against FOXT with a mid-price ABOVE 45.9 should improve ……..
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View Previous Foxtons & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 744 Percentage Change: -0.20% Day High: 747.5 Day Low: 741
Further movement against IG Group ABOVE 747.5 should improve acceleration ……..
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View Previous IG Group & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7028 Percentage Change: + 1.68% Day High: 7046 Day Low: 6932
Target met. Further movement against Intercontinental Hotels Group ABOVE ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:MKS Marks and Spencer Close Mid-Price: 263 Percentage Change: -0.75% Day High: 267.2 Day Low: 262.7
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:NG. National Glib. Close Mid-Price: 1068 Percentage Change: + 0.42% Day High: 1076 Day Low: 1065
In the event of National Glib enjoying further trades beyond 1076, the sh ……..
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View Previous National Glib & Big Picture ***
LSE:OCDO Ocado Plc. Close Mid-Price: 641.2 Percentage Change: + 1.39% Day High: 654.8 Day Low: 632
Further movement against Ocado Plc ABOVE 654.8 should improve acceleratio ……..
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View Previous Ocado Plc & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 304.7 Percentage Change: + 2.63% Day High: 306 Day Low: 296.5
Target met. Further movement against Rolls Royce ABOVE 306 should improve ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 754.8 Percentage Change: + 1.04% Day High: 760.2 Day Low: 750.2
Further movement against Scottish Mortgage Investment Trust ABOVE 760.2 s ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:TSCO Tesco Close Mid-Price: 289.3 Percentage Change: -0.41% Day High: 292.6 Day Low: 289.1
Target met. In the event of Tesco enjoying further trades beyond 292.6, t ……..
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View Previous Tesco & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 137.3 Percentage Change: -0.29% Day High: 139.65 Day Low: 137.45
Target met. All Taylor Wimpey needs are mid-price trades ABOVE 139.65 to ……..
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View Previous Taylor Wimpey & Big Picture ***
LSE:VOD Vodafone Close Mid-Price: 67.11 Percentage Change: -2.10% Day High: 68.37 Day Low: 66.93
Continued weakness against VOD taking the price below 66.93 calculates as ……..
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View Previous Vodafone & Big Picture ***