#FTSE #Trump To judge by internet chat rooms, Americans are once again showing an inclination to take their politicians seriously. While in the UK, there seems to be a broad appreciation our elected ‘representatives’ neither represent us, most have dubious morality, and the vast majority are only on the job to maximise their earnings. Such is the character of debate in the UK, most MP’s should only have risen to the rank of Local Councillor.
It’s easy to expect the next UK election will suffer lower voting figures than ever, while politicians wring their hands and blame the electorate for not engaging with them. It’s easy to wish we’d adopt a “None Of The Above” option on voting slips, something with mandatory implications to avoid what happened in America, where a recent uncontested vote for the Republican presidential nomination saw the unchallenged candidate lose substantially to “None of The Above”, unfortunately a non-binding choice. However, the woman did ultimately withdraw from the race for the top job.
Perhaps living in Scotland has soured any taste of politics, both due to the utter incompetence of the party in Government here and the corrupt behaviour of the previous leaders cabal of witches and their attempts to see Mr Salmond imprisoned on fabricated evidence. This particular story hasn’t run its course yet with more hilarity anticipated later this year, while many existing members of the Scottish parliament are following English Tories by announcing they don’t intend stand for re-election. In the UK, we never get the leader we voted for, simply because such a facility isn’t open to us. But in the USA, they seem to get the ‘leadership’ which the best money can buy…
This disappointing nature of politics in the UK and USA is certainly ringing a sour note this year.
Mr Trumps most recent ‘astounding’ triumph, NASDAQ:DJT, has been deemed a cumbersome name, not worthy of the being written again. This, the vehicle behind his answer to Twitter, a social media venture called “Truth” has experienced a pretty varied time over the last few years and the anti-Trump clique in chatrooms are crowing at the demise of the share price. While doubtless this is partially to do with the blokes legal affairs, the fact the company are choosing to issue more shares and further dilute the issued value certainly hasn’t helped, effectively pouring petrol on the fire.
We’re not convinced the pro-Biden brigade shall have the first laugh here.
While more immediate price reversal appears possible, below $22 suggests imminent weakness to an initial $20 with our secondary, if broken, at possible bottom of just 11 dollars. This target level is really quite important, representing a price level below which we cannot calculate. As a result, it may be worth while keeping an eye on Trump Media in case the $11 level makes an appearance.
Currently it is the case any bounce needs above $31 to catch our interest as this looks capable of promoting movements to an initial 34 with our secondary, if beaten, at a game changing $43, along with a need to urgently revisit our analysis. And hopefully this shall be the only time this year we need enact an analysis where both Biden or Trump get mentioned.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:49:28PM | BRENT | 8946.1 | |||||||||
| 9:52:27PM | GOLD | 2383.5 | |||||||||
| 9:55:20PM | FTSE | 7827 | 7794 | 7763 | 7668 | 7835 | 7884 | 7914 | 7954 | 7836 | Success |
| 9:59:16PM | STOX50 | 4928.2 | Success | ||||||||
| 10:01:51PM | GERMANY | 17766.7 | ‘cess | ||||||||
| 10:04:41PM | US500 | 5051.9 | |||||||||
| 10:07:10PM | DOW | 37828.5 | ‘cess | ||||||||
| 10:23:26PM | NASDAQ | 17727 | Shambles | ||||||||
| 10:26:03PM | JAPAN | 38462 | 38288 | 38160 | 37559 | 38500 | 38648 | 38720 | 38864 | 38434 | ‘cess |
16/04/2024 FTSE Closed at 7820 points. Change of -1.82%. Total value traded through LSE was: £ 5,622,635,189 a change of 16.7%
15/04/2024 FTSE Closed at 7965 points. Change of -0.38%. Total value traded through LSE was: £ 4,817,927,674 a change of -11.37%
12/04/2024 FTSE Closed at 7995 points. Change of 0.91%. Total value traded through LSE was: £ 5,435,726,241 a change of -8.93%
11/04/2024 FTSE Closed at 7923 points. Change of -0.48%. Total value traded through LSE was: £ 5,968,969,501 a change of -30.54%
10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%
9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%
8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26% 
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:BLOE Block Energy PLC** **LSE:CCL Carnival** **LSE:OCDO Ocado Plc** **
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Updated charts published on : Aston Martin, Block Energy PLC, Carnival, Ocado Plc,
LSE:AML Aston Martin Close Mid-Price: 154.9 Percentage Change: -1.90% Day High: 157.4 Day Low: 150.5
Target met. In the event Aston Martin experiences weakness below 150.5 it ……..
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View Previous Aston Martin & Big Picture ***
LSE:BLOE Block Energy PLC. Close Mid-Price: 1.35 Percentage Change: + 17.39% Day High: 1.35 Day Low: 1.1
Now above 1.375 calculates with the potential of a lift to 1.68 with our s ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:CCL Carnival Close Mid-Price: 1006.5 Percentage Change: -2.75% Day High: 1028.5 Day Low: 998.4
Continued weakness against CCL taking the price below 998.4 calculates as ……..
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View Previous Carnival & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 342.9 Percentage Change: -5.77% Day High: 365.6 Day Low: 341.6
Weakness on Ocado Plc below 341.6 will invariably lead to 335p with secon ……..
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View Previous Ocado Plc & Big Picture ***