#BrentFutures #Germany Weekends are becoming fun. We had the UK racing team McLaren deliver a masterclass in how to win a race, yet still lose in Hungary. And Mr Trump delivered a heartfelt salutation to retiring President Biden, describing him as the worst US President ever. The US situation certainly begs the question why Biden feels he can last 4 more months as President yet will be unable to function for 4 more years. McLaren were equally perplexing, ordering their race winning driver to let his team mate pass, entirely for mysterious political reason. It provided a confusing end to a race which once again denied viewers the chance to go for a nap during the normally boring middle section.
It certainly was one heck of an ending to the week for the markets. We’ve our usual data feed which has proven very reliable over the years. However, we’re not entirely gullible, also sourcing data from a source in the USA and just in case this goes wrong, a limited backup is available from France. By around 8.30am, we’d come to the conclusion everything was a waste of time, nothing working reliably as while connections were possible, what was being received was garbage. Amusingly, my wife phoned in utter frustration at 9am, asking if something was wrong with the internet? Her offices had 30 computers, 27 of which had decided they couldn’t talk to the outside world and the IT department had recommended rebooting each system. Which of course failed to do anything other than allow the IT guys to escape from each phone call. When I told her the issue was worldwide, she checked with their offices in Cape Town and the Philippines, in the process discovering the entire company was engaged in uselessly rebooting PC’s constantly. Eventually, their IT folk discovered a workaround which let their main server accept connections, just one hour before my wife left for the day. From our perspective, it took until Sunday afternoon until our usual data feeds proved completely accessible.
Things seem to be improving for Barclays since our update 3 weeks ago. The current situation suggests movement above 235p shall endeavour to reach 254p next with our secondary, if beaten, now at a longer term 291p. Should things intend go wrong for this share price, below 200 looks like it has the potential of triggering reversal to 184p with secondary, if broken, at 167p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 11:01:41PM | BRENT | 8199.9 | 8167 | 7929 | 7645 | 8323 | 8535 | 8616 | 8755 | 8300 |
| 11:08:59PM | GOLD | 2403.51 | 2440 | |||||||
| 11:11:28PM | FTSE | 8170.2 | 8154 | |||||||
| 1:56:27AM | STOX50 | 4828.8 | 4865 | |||||||
| 1:59:30AM | GERMANY | 18219 | 18176 | 18140 | 17926 | 18276 | 18386 | 18467 | 18574 | 18290 |
| 2:01:49AM | US500 | 5525.7 | 5523 | |||||||
| 2:04:49AM | DOW | 40359 | 40597 | |||||||
| 2:06:51AM | NASDAQ | 19627.3 | 19679 | |||||||
| 2:09:13AM | JAPAN | 39695 | 39700 |
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%
17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%
16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%
15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%
12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%
11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51% 
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:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:CASP Caspian** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **
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Updated charts published on : BALFOUR BEATTY, Block Energy PLC, Caspian, Just Eat, Marks and Spencer, Sainsbury, Scancell, Tesco,
LSE:BBY BALFOUR BEATTY Close Mid-Price: 412.4 Percentage Change: -0.29% Day High: 423.6 Day Low: 411.8
Target met. All BALFOUR BEATTY needs are mid-price trades ABOVE 423.6 to ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BLOE Block Energy PLC Close Mid-Price: 0.9 Percentage Change: -2.70% Day High: 0.92 Day Low: 0.88
Continued weakness against BLOE taking the price below 0.88 calculates as ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:CASP Caspian. Close Mid-Price: 5 Percentage Change: + 5.26% Day High: 5.05 Day Low: 4.75
Continued trades against CASP with a mid-price ABOVE 5.05 should improve ……..
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View Previous Caspian & Big Picture ***
LSE:JET Just Eat Close Mid-Price: 915 Percentage Change: -4.59% Day High: 940 Day Low: 920
Weakness on Just Eat below 920 will invariably lead to 905p with secondar ……..
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View Previous Just Eat & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 319.8 Percentage Change: + 3.00% Day High: 322.3 Day Low: 308.5
Target met. Further movement against Marks and Spencer ABOVE 322.3 should ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 272.8 Percentage Change: + 0.66% Day High: 274 Day Low: 269.4
All Sainsbury needs are mid-price trades ABOVE 274 to improve acceleratio ……..
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View Previous Sainsbury & Big Picture ***
LSE:SCLP Scancell. Close Mid-Price: 13 Percentage Change: + 8.33% Day High: 13.4 Day Low: 12.15
Target met. Continued trades against SCLP with a mid-price ABOVE 13.4 sho ……..
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View Previous Scancell & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 326 Percentage Change: + 0.34% Day High: 325.7 Day Low: 322.5
Continued trades against TSCO with a mid-price ABOVE 325.7 should improve ……..
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View Previous Tesco & Big Picture ***