#BrentCrude #DAX News from the Department of Funny Stories. The Scottish Health Service had decided it was time they once again stuff a film crew up my nether regions.. On the fateful day, we arrived at the ferry terminal to be shocked by a massive unseasonal queue of vehicles. My wife was aghast and as a result, turned into Hyacinth Bouquet from the TV series One Foot In The Grave.
She got out of the car and shouted, across the parking lanes to the queue marshall; “My husband is going for a Colonoscopy. Will we get on the ferry?”. “Should do,” he shouted back.
We did get on the ferry, the lady collecting tickets giving a very sympathetic look.
My wife eventually stopped giggling; “I’ve no idea why I said that!”, she apologised. When they say “Give it 48 hours to let the sedative clear,” it transpires they were right. Thankfully it will be another 3 years before this happens again, ideally without my wife letting an entire ferry terminal know.
This sort of nonsense is, we feel, akin to daring to trade Retail Banking sector shares on the UK markets. Funny but only if it happens to someone else…
Three weeks ago, we finished our report with the words;
“Our suspicion is we’re about to see Natwest become useful.“
Almost unbelievably, this has become the case, but we’re not about to shout it across queues of traffic. The coming week expects the UK Government to make another attempt to derail the country with a Budget speech due, along with the inevitable plethora of leaks to attain headlines. And of course, the true nature of a UK Budget is never, ever, in the headline features but instead, tucked away in the small print in clauses not intended to be noticed until well after the headlines are printed. This sort of thing “Interest Rates to Fall” will be tempered with small print in subsection 113a, allowing a 1% reduction but only when it’s a leap year.
However, it certainly does look like Natwest indeed are becoming useful. Their share price has miraculously regained the Red uptrend since 2020, also bettering the Blue downtrend since 2007. It also it hovering at almost exactly the share value, prior to the pandemic hitting. The situation now suggests movement next above 247.5p should attempt a run up to 263.5p next and visually, some potential hesitation. Our longer term secondary, if such a level is exceeded, now works out at a future 294p.
Natwest share price now needs close below Red, currently 234p, to justify panic but for now, it’s looking more interesting than the weekends Grand Prix was. About an hour into the race, my wife came into the room and glanced at the screen.
“Are they only doing the pre-race Formation Lap?”
“Nope, only 10 laps to go until the end.” It was a shockingly boring return to racing and unless some motorsport actually occurs, I suspect this shall be the final year I waste time watching the charade.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 6:32:20PM | BRENT | 8320.7 | 8284 | 8256 | 8200 | 8358 | 8375 | 8426 | 8564 | 8260 |
| 6:34:37PM | GOLD | 2082.46 | ||||||||
| 6:36:53PM | FTSE | 7687 | ||||||||
| 6:39:00PM | STOX50 | 4905.3 | ||||||||
| 8:50:06PM | GERMANY | 17747 | 17689 | 17642 | 17584 | 17762 | 17820 | 17834 | 17883 | 17727 |
| 8:52:23PM | US500 | 5130.6 | ||||||||
| 8:54:40PM | DOW | 39026.5 | ||||||||
| 8:57:14PM | NASDAQ | 18283.1 | ||||||||
| 8:59:25PM | JAPAN | 40169 |
1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%
29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%
28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%
27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%
26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%
23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%
22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14% 
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:CAR Carclo** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **
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Updated charts published on : Barclays, Carclo, MAN, Foxtons, Hargreaves Lansdown, Lloyds Grp., Natwest, Rolls Royce, Standard Chartered,
LSE:BARC Barclays. Close Mid-Price: 169.52 Percentage Change: + 3.08% Day High: 172.08 Day Low: 164.98
Target met. All Barclays needs are mid-price trades ABOVE 172.08 to impro ……..
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View Previous Barclays & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 7.6 Percentage Change: -7.32% Day High: 7.98 Day Low: 7.4
Weakness on Carclo below 7.4 will invariably lead to 7.25p with secondary ……..
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View Previous Carclo & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 245.6 Percentage Change: + 0.86% Day High: 246.4 Day Low: 234.8
Continued weakness against EMG taking the price below 234.8 calculates as ……..
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View Previous MAN & Big Picture ***
LSE:FOXT Foxtons. Close Mid-Price: 59.5 Percentage Change: + 1.02% Day High: 60 Day Low: 58.8
Further movement against Foxtons ABOVE 60 should improve acceleration tow ……..
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View Previous Foxtons & Big Picture ***
LSE:HL. Hargreaves Lansdown. Close Mid-Price: 738.2 Percentage Change: + 1.35% Day High: 737.4 Day Low: 723.8
In the event Hargreaves Lansdown experiences weakness below 723.8 it calc ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 47.37 Percentage Change: + 1.72% Day High: 47.75 Day Low: 47.02
Target met. In the event of Lloyds Grp. enjoying further trades beyond 47 ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 246.8 Percentage Change: + 3.22% Day High: 247.3 Day Low: 239.6
All Natwest needs are mid-price trades ABOVE 247.3 to improve acceleratio ……..
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View Previous Natwest & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 374.8 Percentage Change: + 1.54% Day High: 376.2 Day Low: 368.3
All Rolls Royce needs are mid-price trades ABOVE 376.2 to improve acceler ……..
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View Previous Rolls Royce & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 690.8 Percentage Change: + 3.48% Day High: 700.4 Day Low: 662.8
Continued trades against STAN with a mid-price ABOVE 700.4 should improve ……..
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View Previous Standard Chartered & Big Picture ***