#Gold #SP500 With each week passing, it becomes increasingly likely we shall opt to ditch our annual BBC Licence Fee as, when it comes down to it, neither of us bother watching “live” TV any more. It’s probable the ridiculously biased BBC News started this rot 10 years ago, due to their ugly coverage of the Scottish Referendum but it’s gotten to the stage my wife is now speculating about using the big TV screen for her City Skylines game, rather than sitting watching her computer monitor, while listening to a podcast on her tablet, while browsing the Temu website on her phone. Obviously, the TV is switched off.
From a personal viewpoint, while rarely ever watching telly, I’ve developed a guilty secret every evening, watching/listening to The Megyn Kelly Show on YouTube every night, generally providing 90 minutes of insight into what’s going on in the USA and wider world. Often, items being discussed can be quite jaw dropping due to the established media not covering it, and her online show is now credited as enjoying greater viewer numbers than Sky News, CNN, MSNBC, etc. On the other hand, there’s the UK’s Russel Brand also giving it his best shot, often covering the same areas with a UK twist, even daring to mention the UK media attempts to “cancel” Tommy Robinson, but unfortunately his presentation style can be difficult to enjoy.
All of this has nothing to do with Craneware, other than acknowledging a personal preference for news to be delivered in plain, honest English. And this is where AIM listed Craneware Plc popped up! A small alert appeared in our end of day data run, introducing a company we’ve never looked at and suggesting it may be worth a glance from our perspective. Anxious to sound knowledgeable on the company, we visited their website to figure out what they’re up to. Inevitably, it was nothing to do with sensible clothing for cranes. Instead, they appear to supply billing and accounts software for the US medical industry.
However, their share price has venerated the uptrend since 2023 and is now looks poised to continue some positive action, despite gibberish only decoded by insiders, on their website. Then again, an honest sentence which said something like “we exist to maximise the amount hospitals can charge insurance companies in the US” may not have quite the poetic ring used on their website.
Their share value certainly looks like it has the potential to bring further growth to the price, potentially matching the all time high above 3,500p back in 2018.
Currently, above just 2415 implies an initial target of 2449p with our secondary, if bettered, a surprisingly useful 2723p sometime in the future. While the concept of such a target may sound quite impressive, our third level target calculates at 3,401p and almost certain hesitation, given it matches the highs of 2018.
Our converse scenario, if things intend go wrong, allows below 2290 to trigger reversals to an initial 1947p with secondary, if broken, at a bottom of 1765p.
For now, we’re inclined toward a positive opinion on Craneware.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:17:39PM | BRENT | 7184.2 | |||||||||
| 10:28:20PM | GOLD | 2505.94 | 2486 | 2476 | 2458 | 2500 | 2508 | 2510 | 2514 | 2503 | |
| 10:32:14PM | FTSE | 8266.5 | |||||||||
| 10:48:10PM | STOX50 | 4794 | |||||||||
| 11:35:19PM | GERMANY | 18499 | |||||||||
| 11:38:44PM | US500 | 5475.6 | 5385 | 5350 | 5248 | 5429 | 5524 | 5562 | 5621 | 5460 | |
| 11:42:07PM | DOW | 40823.1 | |||||||||
| 11:53:25PM | NASDAQ | 18669 | ‘cess | ||||||||
| 11:59:22PM | JAPAN | 36306 |
9/09/2024 FTSE Closed at 8270 points. Change of 1.09%. Total value traded through LSE was: £ 3,838,355,695 a change of -22.29%
6/09/2024 FTSE Closed at 8181 points. Change of -0.73%. Total value traded through LSE was: £ 4,939,178,824 a change of -5.79%
5/09/2024 FTSE Closed at 8241 points. Change of -0.34%. Total value traded through LSE was: £ 5,242,721,349 a change of 2.61%
4/09/2024 FTSE Closed at 8269 points. Change of -0.35%. Total value traded through LSE was: £ 5,109,260,535 a change of 3.53%
3/09/2024 FTSE Closed at 8298 points. Change of -0.78%. Total value traded through LSE was: £ 4,935,106,783 a change of 50.92%
2/09/2024 FTSE Closed at 8363 points. Change of -0.16%. Total value traded through LSE was: £ 3,270,019,742 a change of -47.48%
30/08/2024 FTSE Closed at 8376 points. Change of -0.04%. Total value traded through LSE was: £ 6,226,759,673 a change of 55.63% 
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:CAR Carclo** **LSE:EMG MAN** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IAG British Airways** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **
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Updated charts published on : Carclo, MAN, Genel, Gulf Keystone, British Airways, Marks and Spencer, National Glib, Sainsbury, Tullow, The Trainline, Tesco,
LSE:CAR Carclo. Close Mid-Price: 40 Percentage Change: + 4.71% Day High: 42 Day Low: 39.6
All Carclo needs are mid-price trades ABOVE 42 to improve acceleration to ……..
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View Previous Carclo & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 210 Percentage Change: + 1.16% Day High: 209.6 Day Low: 205.8
Weakness on MAN below 205.8 will invariably lead to 204p with secondary ( ……..
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View Previous MAN & Big Picture ***
LSE:GENL Genel Close Mid-Price: 73 Percentage Change: -0.41% Day High: 74.8 Day Low: 72.7
In the event Genel experiences weakness below 72.7 it calculates with a d ……..
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View Previous Genel & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 116.9 Percentage Change: + 1.92% Day High: 117.3 Day Low: 112.6
If Gulf Keystone experiences continued weakness below 112.6, it will inva ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 191.4 Percentage Change: + 1.19% Day High: 191.6 Day Low: 187.4
Target met. Continued trades against IAG with a mid-price ABOVE 191.6 sho ……..
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View Previous British Airways & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 352.8 Percentage Change: + 1.47% Day High: 352.6 Day Low: 346.5
In the event of Marks and Spencer enjoying further trades beyond 352.6, t ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1035.5 Percentage Change: + 1.57% Day High: 1038 Day Low: 1017.5
Target met. In the event of National Glib enjoying further trades beyond ……..
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View Previous National Glib & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 299.8 Percentage Change: + 1.15% Day High: 300 Day Low: 297
Continued trades against SBRY with a mid-price ABOVE 300 should improve t ……..
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View Previous Sainsbury & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 23.02 Percentage Change: -1.96% Day High: 23.68 Day Low: 23
If Tullow experiences continued weakness below 23, it will invariably lea ……..
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View Previous Tullow & Big Picture ***
LSE:TRN The Trainline. Close Mid-Price: 299.4 Percentage Change: + 1.91% Day High: 307.6 Day Low: 293.2
Continued weakness against TRN taking the price below 293.2 calculates as ……..
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View Previous The Trainline & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 368.7 Percentage Change: + 0.57% Day High: 369.7 Day Low: 364.2
Target met. All Tesco needs are mid-price trades ABOVE 370p to improve ac ……..
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View Previous Tesco & Big Picture ***