#Gold #SP500 Something appears to be happening with the insurance industry. A quick scan of end of day positions revealed Admiral and Beazley starting to look positive for the longer term, then we opted to glance at Direct Line, discovering a company share price swimming in the other direction. After some thought, we decided to review the most positive looking share and thus, settled on Admiral, the company behind some of the more irritating TV adverts. Thankfully, they’ve dodged any effort to be completely inclusive aside from that lady Admiral commercial, now discretely moored.
Admiral Group, the company behind Admiral, Bell, Elephant, Veygo and Diamond insurance labels, in addition to starting the price comparison sites known as Confused.Com and Compare.Com, enjoy a share price which looks very capable of experiencing some real recovery. What’s a bit strange is the price was trading around 2300p pre-pandemic, somehow surging to the 3700p level in 2021 before embracing the misery which afflicted the UK markets through to 2023. Now, similar to the FTSE, Admiral share price is showing early signals of some coming growth.
Currently above 2870p calculates as capable of triggering price recovery to an initial 3002p with our secondary, if bettered, working out at a longer term 3450p, solidly in a zone where a third level 3664 calculates as possible. This has the potential of some price hesitation while the market questions if a previous all time high shall represent the highest the share price can go.
If things intend go horribly wrong, below Red at 2520 currently works out with the risk of reversal down to an initial 2265p with secondary, if broken, calculating at an eventual hopeful bottom of 2073p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:36:17PM | BRENT | 8596.3 | Success | ||||||||
| 9:38:55PM | GOLD | 2171.48 | 2158 | 2149 | 2125 | 2170 | 2182 | 2185 | 2192 | 2172 | |
| 9:41:37PM | FTSE | 7905.8 | |||||||||
| 9:43:28PM | STOX50 | 5039.3 | |||||||||
| 9:45:45PM | GERMANY | 18258.9 | ‘cess | ||||||||
| 9:48:30PM | US500 | 5222 | 5213 | 5193 | 5171 | 5231 | 5236 | 5241 | 5250 | 5221 | ‘cess |
| 9:51:10PM | DOW | 39322.3 | ‘cess | ||||||||
| 10:33:43PM | NASDAQ | 18300.7 | ‘cess | ||||||||
| 10:36:40PM | JAPAN | 40408 | Success |
25/03/2024 FTSE Closed at 7917 points. Change of -0.16%. Total value traded through LSE was: £ 5,239,616,873 a change of -10.61%
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% 
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:ASC Asos** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:EXPN Experian** **LSE:TLW Tullow** **
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Updated charts published on : Asos, BP PLC, Carnival, Experian, Tullow,
LSE:ASC Asos. Close Mid-Price: 346.2 Percentage Change: + 2.58% Day High: 349 Day Low: 329
In the event Asos experiences weakness below 329 it calculates with a dro ……..
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View Previous Asos & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 505.9 Percentage Change: + 1.41% Day High: 507.5 Day Low: 500.3
In the event of BP PLC enjoying further trades beyond 507.5, the share sh ……..
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View Previous BP PLC & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1229 Percentage Change: + 0.37% Day High: 1260 Day Low: 1222
In the event of Carnival enjoying further trades beyond 1260, the share s ……..
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View Previous Carnival & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3502 Percentage Change: + 0.46% Day High: 3530 Day Low: 3487
Target met. All Experian needs are mid-price trades ABOVE 3530 to improve ……..
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View Previous Experian & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 31.5 Percentage Change: + 11.07% Day High: 31.44 Day Low: 29.4
This is on the edge of giving a signal as above 31.5 should bring an initi ……..
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View Previous Tullow & Big Picture ***