#Brent #Dax The third race of the 2024 Formula1 season proved worth watching for the first 15 laps, finally ushering in a nap which lasted until a few laps from the end, waking up to witness the Spanish driver Alonso cause the car following him to crash, when was lining up for a pass. It reminded how fragile the banks share price can be, always awaiting a politician or regulatory body, to “brake check” then, forcing everything to go wrong.
It was certainly a more worthwhile race to follow, aside from the lack of action at the front. With neither the usual boring winner, nor the Brit Louis Hamilton, participating due to car troubles in the opening scenes, some actual racing did take place. But of course, by lap 15, this viewer was sound asleep.
When we reviewed Natwest three weeks ago, we dared use some flamboyant language, declaring;
“Our suspicion is we’re about to see Natwest become useful.“
This appears to be the case and now, movement exceeding 264p (it’s trading around 261 at time of writing) should prove capable of triggering further price recovery to an initial 278p with our secondary, if exceeded, now calculating at a future 314p. Visually, there’s a bit of suspicion the price faces some hesitation around the 278p level, given prior behaviour most times the pre-pandemic high was challenged but we’d hope any interference shall be miserable, due to the price now trading above the Blue downtrend since 2007. Also, with the price regaining the Red uptrend since the pandemic low and the market visually confirming this Red line is important, considerable hope is possible for a reasonable recovery cycle. Hopefully, no UK politicians are lining themselves up to “do an Alonso” to the retail bank.
If things were to go wrong, we’d regard below 234 as a bad thing, risking provoking reversal to an initial 228p with secondary, if broken, a probable bottom and bounce from the 218p level.
For now, the visuals certainly allow considerable hope.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:40:57PM | BRENT | 8494.4 | 8456 | 8412 | 8310 | 8526 | 8558 | 8580 | 8597 | 8500 |
| 9:42:58PM | GOLD | 2165.07 | ||||||||
| 9:46:17PM | FTSE | 7926.5 | ||||||||
| 11:10:37PM | STOX50 | 5031.8 | ||||||||
| 11:13:06PM | GERMANY | 18237.6 | 18134 | 18099 | 18046 | 18192 | 18260 | 18278 | 18353 | 18160 |
| 11:15:29PM | US500 | 5231.9 | ||||||||
| 11:18:16PM | DOW | 39443 | ||||||||
| 11:21:01PM | NASDAQ | 18336.1 | ||||||||
| 11:23:07PM | JAPAN | 40692 |
22/03/2024 FTSE Closed at 7930 points. Change of 0.61%. Total value traded through LSE was: £ 5,861,635,918 a change of -16.67%
21/03/2024 FTSE Closed at 7882 points. Change of 1.87%. Total value traded through LSE was: £ 7,034,399,784 a change of 32.89%
20/03/2024 FTSE Closed at 7737 points. Change of -0.01%. Total value traded through LSE was: £ 5,293,450,897 a change of -24.59%
19/03/2024 FTSE Closed at 7738 points. Change of 0.21%. Total value traded through LSE was: £ 7,019,485,626 a change of 32.39%
18/03/2024 FTSE Closed at 7722 points. Change of -0.06%. Total value traded through LSE was: £ 5,302,291,747 a change of -63.39%
15/03/2024 FTSE Closed at 7727 points. Change of -0.21%. Total value traded through LSE was: £ 14,485,048,081 a change of 162.41%
14/03/2024 FTSE Closed at 7743 points. Change of -0.37%. Total value traded through LSE was: £ 5,520,093,152 a change of -24.07% 
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:AV. Aviva** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:EXPN Experian** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TSCO Tesco** **
********
Updated charts published on : Aviva, BP PLC, Carnival, Experian, Lloyds Grp., Natwest, Rolls Royce, Scottish Mortgage Investment Trust, Tesco,
LSE:AV. Aviva. Close Mid-Price: 494.5 Percentage Change: + 0.98% Day High: 495.8 Day Low: 489
Continued trades against AV. with a mid-price ABOVE 495.8 should improve ……..
</p
View Previous Aviva & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 498.85 Percentage Change: + 0.44% Day High: 503.2 Day Low: 495.8
Further movement against BP PLC ABOVE 503.2 should improve acceleration t ……..
</p
View Previous BP PLC & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1224.5 Percentage Change: + 1.66% Day High: 1230 Day Low: 1215.5
Further movement against Carnival ABOVE 1230 should improve acceleration ……..
</p
View Previous Carnival & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3486 Percentage Change: + 0.52% Day High: 3497 Day Low: 3462
Target met. In the event of Experian enjoying further trades beyond 3497, ……..
</p
View Previous Experian & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 52.18 Percentage Change: + 1.34% Day High: 52.66 Day Low: 51.43
Target met. All Lloyds Grp. needs are mid-price trades ABOVE 52.66 to imp ……..
</p
View Previous Lloyds Grp. & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 261.1 Percentage Change: + 3.04% Day High: 261.3 Day Low: 254.5
All Natwest needs are mid-price trades ABOVE 261.3 to improve acceleratio ……..
</p
View Previous Natwest & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 419.9 Percentage Change: -0.07% Day High: 423.9 Day Low: 417.6
All Rolls Royce needs are mid-price trades ABOVE 423.9 to improve acceler ……..
</p
View Previous Rolls Royce & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 878.8 Percentage Change: + 1.60% Day High: 882 Day Low: 862.6
Continued trades against SMT with a mid-price ABOVE 882 should improve th ……..
</p
View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 294.2 Percentage Change: + 0.75% Day High: 295.8 Day Low: 292.7
In the event of Tesco enjoying further trades beyond 295.8, the share sho ……..
</p
View Previous Tesco & Big Picture ***