#Brent #Germany It certainly promises to be a colourful Wimbledon this year, thanks in part to Barclays sponsorship. With the banks branches being variously coloured-in with Red paint from the Palestinian protestors and Orange by the Just Stop Oil brigade, perhaps the bank needs judged to have offended Ireland, thus giving the excuse for a Green coating. Perhaps we should review the B&Q share price soon as all this paint is clearly coming from somewhere?
The banks share price had been looking like it was limbering up to become useful, even closing marginally above our 217p level trigger price. Unfortunately, the intrusion of a UK General Election effectively kyboshed any immediate hope, the share being consigned to a parking orbit until such time we know the party colour of those spending the next few years feeding at the Westminster trough. We still suspect the share price shall enter a recovery phase but there are obviously severe risks, if the party currently speculated to achieve a “landslide” victory take their place in Government. In Scotland, this sort of victory for the nationalist party has proven pyrrhic as the government was suddenly populated with people who would have struggled to win a seat as a local councillor. Unfortunately, once this occurred, the country experienced some truly stupid behaviour from elected representatives who were focussed on promoting their own versions of “good ideas” with abandonment of common sense.
At present, it still looks like share price closure above 217p shall prove significant, kicking off a cycle to an initial 236p with our secondary, if bettered, at 251p and almost certain hesitation. But overall, the potential of a visit to a longer term 290p makes a lot of visual sense.
Our converse scenario, should things opt to go wrong or protestors suddenly discover “magnolia” is cheap paint, below 197p risks triggering reversals down to an initial 189p with our secondary, if broken, calculating at 177p and a visual potential for a bounce.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:04:08PM | BRENT | 8485 | 8463 | 8435 | 8374 | 8512 | 8528 | 8543 | 8573 | 8470 |
| 9:09:31PM | GOLD | 2326.13 | 2330 | |||||||
| 9:11:28PM | FTSE | 8178.5 | 8197 | |||||||
| 9:14:19PM | STOX50 | 4901 | 4909 | |||||||
| 9:17:25PM | GERMANY | 18246 | 18192 | 18175 | 18114 | 18254 | 18300 | 18315 | 18356 | 18238 |
| 9:30:02PM | US500 | 5471.7 | 5487 | |||||||
| 9:32:33PM | DOW | 39168.5 | 39204 | |||||||
| 10:53:51PM | NASDAQ | 19719 | 19855 | |||||||
| 10:56:36PM | JAPAN | 39815 | 39715 |
28/06/2024 FTSE Closed at 8164 points. Change of -0.18%. Total value traded through LSE was: £ 5,173,992,876 a change of 2.7%
27/06/2024 FTSE Closed at 8179 points. Change of -0.56%. Total value traded through LSE was: £ 5,037,946,434 a change of -10.36%
26/06/2024 FTSE Closed at 8225 points. Change of -0.27%. Total value traded through LSE was: £ 5,620,185,904 a change of 8.13%
25/06/2024 FTSE Closed at 8247 points. Change of -0.41%. Total value traded through LSE was: £ 5,197,523,885 a change of -1.46%
24/06/2024 FTSE Closed at 8281 points. Change of 0.53%. Total value traded through LSE was: £ 5,274,668,036 a change of -64.96%
23/06/2024 FTSE Closed at 8237 points. Change of -0.42%. Total value traded through LSE was: £ 15,052,828,026 a change of 169.21%
20/06/2024 FTSE Closed at 8272 points. Change of 0.82%. Total value traded through LSE was: £ 5,591,583,637 a change of 26.19% 
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:AVCT Avacta** **LSE:BME B & M** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:DGE Diageo** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:TERN Tern Plc** **
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Updated charts published on : Avacta, B & M, Caspian, Carnival, Diageo, British Airways, ITM Power, Just Eat, Tern Plc,
LSE:AVCT Avacta. Close Mid-Price: 55.5 Percentage Change: + 6.73% Day High: 56.25 Day Low: 52.25
Target met. All Avacta needs are mid-price trades ABOVE 56.25 to improve ……..
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View Previous Avacta & Big Picture ***
LSE:BME B & M Close Mid-Price: 437.2 Percentage Change: -1.75% Day High: 449 Day Low: 437.8
Target met. Continued weakness against BME taking the price below 437.8 c ……..
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View Previous B & M & Big Picture ***
LSE:CASP Caspian Close Mid-Price: 3.25 Percentage Change: -1.52% Day High: 3.3 Day Low: 3.05
In the event Caspian experiences weakness below 3.05 it calculates with a ……..
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View Previous Caspian & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1357 Percentage Change: + 2.42% Day High: 1367.5 Day Low: 1338
Target met. Further movement against Carnival ABOVE 1367.5 should improve ……..
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View Previous Carnival & Big Picture ***
LSE:DGE Diageo Close Mid-Price: 2489.5 Percentage Change: -0.42% Day High: 2521.5 Day Low: 2484
Weakness on Diageo below 2484 will invariably lead to 2435p with secondar ……..
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View Previous Diageo & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 162.25 Percentage Change: + 0.84% Day High: 163.55 Day Low: 159.9
Continued weakness against IAG taking the price below 159.9 calculates as ……..
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View Previous British Airways & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 46.4 Percentage Change: -1.61% Day High: 48 Day Low: 46
If ITM Power experiences continued weakness below 46, it will invariably ……..
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View Previous ITM Power & Big Picture ***
LSE:JET Just Eat Close Mid-Price: 955 Percentage Change: -1.75% Day High: 975 Day Low: 948
Target met. Continued weakness against JET taking the price below 948 cal ……..
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View Previous Just Eat & Big Picture ***
LSE:TERN Tern Plc Close Mid-Price: 1.95 Percentage Change: -7.14% Day High: 2.1 Day Low: 1.95
Target met. If Tern Plc experiences continued weakness below 1.95, it wil ……..
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View Previous Tern Plc & Big Picture ***