#Brent #WallSt Regular readers will be aware of a personal delusion of being able to play guitar. A weird chemo side effect caused split finger nails, resulting in any effort to continue my fantasy be abandoned in pain but one of our grand-daughters has decided she needs to resume guitar lessons with me. Her intention is to surprise folk over the festive season with a few well chosen tunes. Unnoticed, a recent change in drugs had cleared up the fingernail issue, so we’ve been doing “zoom” lessons after school. The intention is to surprise their mum during the Xmas break here with some truly absurd choices of music, completely inspired by the songs their mother will randomly sing at full volume.
The girls are being taught 4 Non Blondes “Whats Going On”, Taylor Swift’s “Love Story”, “Hi Ho Silver Lining” and of course, the inevitable Bangles classic “Manic Monday”. One girl doing the acoustic guitar work, the other singing the lead. It’s certainly going to make the hours after Xmas dinner quite interesting.
This ridiculous plan has quite a lot to do with Barclays and the sense of planning for a future. Which may be a disaster but heck, it’s going to be nice going into the months ahead with Barclays armed with some hope, rather than the white noise projected at investors since 2021. The banks share price is rapidly approaching a price level, where it can move from “near term” pressures to “big picture” pressures. From our perspective, the share price needs to close above our next target level, now at 255p, as this should launch the share into a zone where the Big Picture attraction can next be seen as coming from 290p with our secondary, if bettered, a visually believable 390p sometime in the future. While such big jumps to target levels may sound a bit silly, when share prices make the transit to “Big Picture” influences, we’ve become quite used to these ‘why did that happen?’ level of price movements.
If things intend go wrong, below 216p looks a bit troubling, allowing for reversal to 203 with secondary, if broken, at 187p and carrying the risk of the share price once again being “parked” while awaiting the next excuse for party time. For the present, we’re fairly optimistic.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 3:45:55AM | BRENT | 7288 | 7030 | 6591 | 6084 | 7274 | 7615 | 7820 | 8084 | 7340 |
| 4:00:29AM | GOLD | 2736 | 2740 | |||||||
| 4:04:47AM | FTSE | 8165.7 | 8130 | |||||||
| 11:17:54PM | STOX50 | 4854.5 | 4861 | |||||||
| 11:21:58PM | GERMANY | 19187.9 | 19211 | |||||||
| 11:25:06PM | US500 | 5717.7 | 5742 | |||||||
| 11:38:52PM | DOW | 41908.9 | 41777 | 41556 | 41297 | 41875 | 42332 | 42360 | 42580 | 42123 |
| 11:54:28PM | NASDAQ | 20008 | 20032 | |||||||
| 11:57:36PM | JAPAN | 38320 | 38504 |
1/11/2024 FTSE Closed at 8177 points. Change of 0.83%. Total value traded through LSE was: £ 5,128,610,563 a change of -23.79%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%
25/10/2024 FTSE Closed at 8148 points. Change of -1.46%. Total value traded through LSE was: £ 4,737,422,038 a change of -5.81%
24/10/2024 FTSE Closed at 8269 points. Change of 0.13%. Total value traded through LSE was: £ 5,029,789,282 a change of 1.28% 
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:CASP Caspian** **LSE:FOXT Foxtons** **LSE:IDS International Distribution** **LSE:TRN The Trainline** **
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Updated charts published on : Caspian, Foxtons, International Distribution, The Trainline,
LSE:CASP Caspian Close Mid-Price: 3.2 Percentage Change: -1.54% Day High: 3.25 Day Low: 3.15
This isn’t looking great as below 3.1 now suggests a visit to 2.25 next wi ……..
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View Previous Caspian & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 58.4 Percentage Change: -0.68% Day High: 59 Day Low: 57.6
Weakness on Foxtons below 57.6 will invariably lead to 56p next. If broke ……..
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View Previous Foxtons & Big Picture ***
LSE:IDS International Distribution. Close Mid-Price: 339 Percentage Change: + 0.53% Day High: 339.4 Day Low: 333
This is terrible, stalling on the edge of becoming useful and simply messi ……..
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View Previous International Distribution & Big Picture ***
LSE:TRN The Trainline Close Mid-Price: 388.2 Percentage Change: -0.26% Day High: 392 Day Low: 383.2
Target met. Continued trades against TRN with a mid-price ABOVE 392 shoul ……..
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View Previous The Trainline & Big Picture ***