#Brent #Dax Addictions really sneak up on you. From the whimsical TV show, “Emily in Paris” to the often pompous “NCIS”, watching rubbish on-demand telly can easily waste hours away but the latest video nasty is proving difficult to shake. It’s called the “The American Election”, a subject which appears to be taking over YouTube. This daily collation of humour, comedy, and real drama, is proving difficult to unravel but if we take the stance of the mainstream media always choosing their wrong hero, it appears Mr Trump should triumph in the final episode on Guy Fawkes day in a couple of weeks.
The usual swampful of market analysts are writing knowledgably about the price of Gold rising, somehow due the the potential of Mr Trump pulling on a “boss” hat on 6th November, such an accomplishment ‘obviously’ driving the price of gold upward. Additionally, crypto-currency gaining is prophesied of gaining in strength. For Gold, we can toss out an immediate thought and that’s a difficulty in calculating very far above an ambition of $2,770 per ounce. With the stuff currently around $2,724, it’s certainly not go far to go but should our top ambition make an appearance, we suspect some volatility shall become almost essential. One thing which is a bit puzzling, again from a USA perspective. Mr Trump’s stated aim is to reduce fuel prices by 1/2, along with electricity costs, to remove immediate strains for American consumers. Should this be the case, a domino effect must surely follow as other countries follow suit, probably also adopting his stance on China specific tariffs as he intends to return manufacturing to the USA. All things considered, we should face quite an interesting few years, if he proves as good as his word.
Another aspect of life supposed to improve with a Trump victory are banking shares, something which is speculated to echo a future vibrant economy from the USA. While it’s unlikely such optimism has bled across the ocean to the UK, as we forecast 3 weeks ago, Natwest share price has started doing something useful.
Their share price has broken above the critical 355p level and now luxuriates in a region where a lift to an initial 372p now calculates as possible with our secondary, if exceeded, at 394p. In fact, it is now the case where we can project a distant looking 474p as exerting an influence from a distance future on this share price! Should things intend go horribly wrong for this banks share price, it requires to close a session below just 344p to throw all our clever calculations up in the air.
Finally, hope everyone is surviving this horrible storm. The amount of rain has been biblical (a monthly event here in Argyll) but our 7 metre drop garden waterfall is giving off such a roar, it sounds like Elon Must is trying to land one of his rockets outside on the lawn.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 6:06:15PM | BRENT | 7297.8 | 7234 | 6992 | 6617 | 7472 | 7482 | 7584 | 7700 | 7330 |
| 9:27:41PM | GOLD | 2721.04 | 2714 | |||||||
| 11:21:31PM | FTSE | 8367 | 8362 | |||||||
| 11:27:09PM | STOX50 | 4990 | 4970 | |||||||
| 11:29:02PM | GERMANY | 19678.8 | 19483 | 19431 | 19346 | 19551 | 19688 | 19696 | 19794 | 19634 |
| 11:30:51PM | US500 | 5872.7 | 5857 | |||||||
| 11:33:47PM | DOW | 43316 | 43192 | |||||||
| 11:35:56PM | NASDAQ | 20360 | 20290 | |||||||
| 11:38:59PM | JAPAN | 39091 | 39095 |
18/10/2024 FTSE Closed at 8358 points. Change of -0.32%. Total value traded through LSE was: £ 5,071,129,740 a change of -4.53%
17/10/2024 FTSE Closed at 8385 points. Change of 0.67%. Total value traded through LSE was: £ 5,311,482,750 a change of -18.88%
16/10/2024 FTSE Closed at 8329 points. Change of 0.97%. Total value traded through LSE was: £ 6,547,715,770 a change of 9.87%
15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%
14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51% 
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:AFC AFC Energy** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:FRES Fresnillo** **
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Updated charts published on : AFC Energy, Centamin, Diageo, Fresnillo,
LSE:AFC AFC Energy Close Mid-Price: 7.74 Percentage Change: -1.02% Day High: 7.81 Day Low: 6.9
Continued weakness against AFC taking the price below 6.9 calculates as l ……..
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View Previous AFC Energy & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 167.9 Percentage Change: + 2.07% Day High: 168.8 Day Low: 162.1
Continued trades against CEY with a mid-price ABOVE 168.8 should improve ……..
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View Previous Centamin & Big Picture ***
LSE:DGE Diageo. Close Mid-Price: 2651.5 Percentage Change: + 0.23% Day High: 2677 Day Low: 2630
Target met. All Diageo needs are mid-price trades ABOVE 2677 to improve a ……..
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View Previous Diageo & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 703 Percentage Change: + 2.70% Day High: 706.5 Day Low: 686
Target met. Further movement against Fresnillo ABOVE 706.5 should improve ……..
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View Previous Fresnillo & Big Picture ***