#Brent #Nasdaq Lloyds has quite a lot in common with the Northern Lights – aka the Aurora Borealis – which caused hours of fun through Friday night, making the following evenings Eurovision Song Contest a dismal runner up. Of course, here in our bit of Argyll, we didn’t really get to see the lights in all their glory. The problem is the mountain in the back garden, a lump which neatly conceals anything happening in the north. But we did get to see what were perhaps the Northern Lights as the night-time mist was illuminated from above.
As a result, we’ve a few unspectacular photographs of ‘very little’ and a photograph which needs explained is like a brilliant joke the audience doesn’t understand. The snapshot below is about the best captured, despite over 100 attempts. The following evening apparently promised even better opportunities to waste time stumbling around the garden at night but the annual festival of Graham Norton getting everything wrong was almost impossible to avoid. His confident predictions of “The Public Vote” being able to propel Ireland into a winning position, along with a firmly held belief the dire UK tune would experience a miracle resurrection proved about as wrong as expected. When the UK act managed to achieve the previously impossible feat of no-one in the world actually voting for it in the public vote, his future as Wogans successor was forever confirmed. And surely, he should already have inside knowledge of the Irish broadcasters ongoing efforts to avoid bankruptcy be being forced to host the annual contest, due to winning. Perhaps this is also the BBC’s cunning plan but their desire to offer a human sacrifice every year is perhaps a bit unfair.
All things concerned, we were inclined to accept the lack of a Formula 1 weekend, due to the hilarity from other sources.
Lloyds share price performing with any excitement still appears a function the market has yet to discover. When we reviewed them three weeks ago, we commented on an ideal situation where the market would opt to “gap” the share price up above 54.1p. Unfortunately, while the share price is now trading around such a level, we haven’t witnessed the potential excitement of a manipulation gap and thus, we’re not entirely primed for fireworks in the share price immediate future. Instead, it starts to feel like price movements shall be quite sober and grown up.
Now above 54.5p looks pretty certain to attempt a visit to an initial 55.8p with our longer term secondary, if bettered, calculating at 58p. Overall, on this cycle, we anticipate a third level at 60.4p as being able to provoke some hesitation in a climbing cycle, demanding some deep thought for the future. Unless the market starts gapping the share price up at the open firstly.
If things intend go wrong, below 52.1p shall ring the first alarm bell for us, suggesting the risk of pushing reversal down to an initial 49.3 with our longer term secondary, if broken, calculating at a future 45p. With share prices movements during May, it feels like it will require a pretty firm political will to cause trouble for the retail banks.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 10:01:34PM | BRENT | 8264 | 8174 | 8151 | 7801 | 8382 | 8396 | 8458 | 8524 | 8342 |
| 10:03:18PM | GOLD | 2359.98 | 2362 | |||||||
| 10:05:03PM | FTSE | 8421.5 | 8324 | |||||||
| 10:06:47PM | STOX50 | 5083.7 | 5009 | |||||||
| 10:13:41PM | GERMANY | 18769.9 | 18415 | |||||||
| 10:15:40PM | US500 | 5217.2 | 5207 | |||||||
| 10:18:20PM | DOW | 39484 | 39166 | |||||||
| 10:20:36PM | NASDAQ | 18141 | 18092 | 18056 | 17991 | 18160 | 18250 | 18393 | 18596 | 18020 |
| 10:22:39PM | JAPAN | 38194 | 38329 |
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of 0.5%. Total value traded through LSE was: £ 4,870,153,173 a change of -28.06%
2/05/2024 FTSE Closed at 8172 points. Change of 0.63%. Total value traded through LSE was: £ 6,770,072,758 a change of 87.96%
1/05/2024 FTSE Closed at 8121 points. Change of -0.28%. Total value traded through LSE was: £ 3,601,904,135 a change of -39.24% 
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:AAL Anglo American** **LSE:AZN Astrazeneca** **LSE:ECO ECO (Atlantic) O & G** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **
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Updated charts published on : Anglo American, Astrazeneca, ECO (Atlantic) O & G, Hargreaves Lansdown, British Airways, ITV, Lloyds Grp., National Glib, Oxford Instruments, Rolls Royce, Scottish Mortgage Investment Trust, Standard Chartered, Tern Plc, Tesco,
LSE:AAL Anglo American. Close Mid-Price: 2773.5 Percentage Change: + 1.37% Day High: 2799.5 Day Low: 2756.5
Further movement against Anglo American ABOVE 2799.5 should improve accel ……..
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View Previous Anglo American & Big Picture ***
LSE:AZN Astrazeneca. Close Mid-Price: 12370 Percentage Change: + 0.31% Day High: 12432 Day Low: 12314
In the event of Astrazeneca enjoying further trades beyond 12432, the sha ……..
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View Previous Astrazeneca & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 15.3 Percentage Change: + 5.52% Day High: 15.95 Day Low: 14.6
Target met. In the event of ECO (Atlantic) O & G enjoying further trades ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:HL. Hargreaves Lansdown. Close Mid-Price: 862 Percentage Change: + 3.16% Day High: 860.2 Day Low: 832.4
All Hargreaves Lansdown needs are mid-price trades ABOVE 860.2 to improve ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 181.2 Percentage Change: -0.88% Day High: 186 Day Low: 182
Continued trades against IAG with a mid-price ABOVE 186 should improve th ……..
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View Previous British Airways & Big Picture ***
LSE:ITV ITV. Close Mid-Price: 78.3 Percentage Change: + 2.22% Day High: 78.55 Day Low: 76.7
Target met. Further movement against ITV ABOVE 78.55 should improve accel ……..
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View Previous ITV & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 54.3 Percentage Change: + 0.67% Day High: 54.48 Day Low: 54
In the event of Lloyds Grp. enjoying further trades beyond 54.48, the sha ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1117 Percentage Change: + 0.40% Day High: 1128 Day Low: 1113
Target met. In the event of National Glib enjoying further trades beyond ……..
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View Previous National Glib & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 2425 Percentage Change: + 1.25% Day High: 2475 Day Low: 2380
In the event of Oxford Instruments enjoying further trades beyond 2475, t ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 423.6 Percentage Change: -2.37% Day High: 439.4 Day Low: 423.8
All Rolls Royce needs are mid-price trades ABOVE 439.4 to improve acceler ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 884.4 Percentage Change: -1.07% Day High: 899.8 Day Low: 884.6
Continued trades against SMT with a mid-price ABOVE 899.8 should improve ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 775 Percentage Change: + 2.68% Day High: 777.4 Day Low: 755.4
Continued trades against STAN with a mid-price ABOVE 777.4 should improve ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TERN Tern Plc. Close Mid-Price: 4.4 Percentage Change: + 4.76% Day High: 4.65 Day Low: 4.2
All Tern Plc needs are mid-price trades ABOVE 4.65 to improve acceleratio ……..
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View Previous Tern Plc & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 311.7 Percentage Change: + 0.48% Day High: 313.1 Day Low: 309.4
Further movement against Tesco ABOVE 313.1 should improve acceleration to ……..
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View Previous Tesco & Big Picture ***