#FTSE #Gold Hope everyone had a good Christmas. Now, here in Argyll we move onto the most important part of the festive season, having friends and family round for drinks. We actually started early at the weekend, arranging to meet chums for a late lunch on Saturday. Unfortunately, they were having a fun time with everything in their bathroom blocked, water not draining from the bath, the sink, the shower, or the WC. By the time a Drain Cleaning company arrived and sorted out teenage daughter problems… we’d missed our lunch, opting to head to their house, stopping to pick up a selection of Chinese food from a takeaway. Thankfully, we’d also brought a selection of our home made wines, the plan now being to taste test our Merlot, Chardonnay, and Rioja against “real” wines they’d purchased for comparison.
With a score of 8-0, our home brewed Chardonnay white won the competition.
With a score of 0-8, our Rioja got exactly the vote it deserved, needing a few months to age, rather than 4 days since being bottled!
Finally, a score of 4-4 left us wondering about our Merlot as it has only been aging for a couple of months.
The move from brewing Cider to Wine is certainly proving quite fun, aside from the detail our chums really want a regular supply of Chardonnay! Personally, I dislike French and Italian white wines but in this instance, would hesitate opening a bottle of my Chardonnay at home as I’d feel duty bound to finish it, though it’s fairly strong at 13.7° proof…. The Merlot is just okay and I suspect I shall eventually be pouring 25 litres of Rioja into the garden stream.
All this waffle, as usual, is to conceal we’ve a degree of trouble, when attempting to divine what the heck is happening with Lloyds share price. Since our previous review, it failed to trigger any drop triggers, instead opting to his a gain trigger yet not rising to our initial 57p target on the first surge. Instead, it has flopped uselessly, a bit like one of Lee Macs overconfident guests on “The 1% Club”. (Our 11 and 13 year old monsters each made it to his 40% question on the Xmas show!). If we take the stance the gain trigger was hit first, above 55p should now trigger movement to an initial 57 with our longer term secondary, if bettered, calculating at 60.8p, along with almost certain hesitation unless the market starts gapping Lloyds up. In such a scenario, the unspoken implication will be to force the market to exceed 60.8p and create a new trend toward an eventual 92p.
Our alternate scenario kicks in, if the index wanders below 52.7p as this now risks promoting reversal to an initial 49.1 with our secondary, if broken, a hopeful (though unlikely) bottom at 45p.
Best wishes for a prosperous New Year. As usual, we’re off on the 1st and 2nd, publishing our first Live Market report to subscribers on the 3rd of January.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 1:24:29AM | BRENT | 7372 | Nothing | makes | sense | |||||
| 1:27:04AM | GOLD | 2624.21 | 2584 | 2579 | 2530 | 2610 | 2640 | 2647 | 2668 | 2620 |
| 1:28:57AM | FTSE | 8145.9 | 8113 | 8094 | 8071 | 8147 | 8161 | 8194 | 8259 | 8114 |
| 1:32:00AM | STOX50 | 4903.1 | 4847 | 4820 | 4789 | 4877 | 4913 | 4919 | 4957 | 4884 |
| 1:36:34AM | GERMANY | 19987 | 19883 | 19865 | 19823 | 19961 | 20015 | 20109 | 20212 | 19947 |
| 1:38:45AM | US500 | 5971.4 | 5931 | 5919 | 5888 | 5983 | 5982 | 5991 | 6011 | 5969 |
| 2:19:12AM | DOW | 42959.5 | 42752 | 42607 | 42347 | 42956 | 43089 | 43179 | 43322 | 42911 |
| 3:10:43AM | NASDAQ | 21476.5 | 21277 | 21244 | 21037 | 21442 | 21515 | 21618 | 21731 | 21460 |
| 3:13:29AM | JAPAN | 39984 | 39830 | 39692 | 39456 | 40099 | 40285 | 40464 | 41216 | 40044 |
29/12/2024 FTSE Closed at 8149 points. Change of 0.58%. Total value traded through LSE was: £ 2,693,002,049 a change of -21.42%
23/12/2024 FTSE Closed at 8102 points. Change of 0.22%. Total value traded through LSE was: £ 3,427,016,579 a change of -68.02%
20/12/2024 FTSE Closed at 8084 points. Change of -0.26%. Total value traded through LSE was: £ 10,715,072,684 a change of 85.06%
19/12/2024 FTSE Closed at 8105 points. Change of -1.05%. Total value traded through LSE was: £ 5,790,138,165 a change of 13.02%
18/12/2024 FTSE Closed at 8191 points. Change of -100%. Total value traded through LSE was: £ 5,123,160,668 a change of 0%
17/12/2024 FTSE Closed at 8195 points. Change of 0%. Total value traded through LSE was: £ 6,670,012,289 a change of 0% 
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:ASC Asos** **LSE:CPI Capita** **LSE:HSBA HSBC** **LSE:IDS International Distribution** **LSE:RKH Rockhopper** **LSE:TLW Tullow** **
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Updated charts published on : Asos, Capita, HSBC, International Distribution, Rockhopper, Tullow,
LSE:ASC Asos. Close Mid-Price: 434.6 Percentage Change: + 0.60% Day High: 454.2 Day Low: 414.4
Further movement against Asos ABOVE 454.2 should improve acceleration tow ……..
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View Previous Asos & Big Picture ***
LSE:CPI Capita Close Mid-Price: 13.8 Percentage Change: -1.85% Day High: 14.12 Day Low: 13.8
Continued weakness against CPI taking the price below 13.8 calculates as ……..
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View Previous Capita & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 777.1 Percentage Change: + 0.66% Day High: 777.4 Day Low: 771.5
Target met. In the event of HSBC enjoying further trades beyond 777.4, th ……..
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View Previous HSBC & Big Picture ***
LSE:IDS International Distribution. Close Mid-Price: 362.8 Percentage Change: + 0.06% Day High: 363.8 Day Low: 362.6
Continued trades against IDS with a mid-price ABOVE 363.8 should improve ……..
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View Previous International Distribution & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 23.2 Percentage Change: + 2.65% Day High: 24.6 Day Low: 22.8
Continued trades against RKH with a mid-price ABOVE 24.6 should improve t ……..
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View Previous Rockhopper & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 19.36 Percentage Change: + 1.89% Day High: 19.58 Day Low: 18.92
Target met. Weakness on Tullow below 18.92 will invariably lead to 15p wi ……..
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View Previous Tullow & Big Picture ***