#Brent #Germany When we reviewed Natwest three weeks ago, we provided a recovery target of 451p, a number which has finally made itself known and, perhaps more importantly, the share price closing slightly above out target. Hopefully this shall make more sense than the photo below? To explain, our bit of Argyll is devoid of most things except rain. And on Sunday, it rained a lot, giving the garden waterfall an excuse to become truly obnoxious. When my wife texted, asking that I send her a snapshot of the torrent to show her work colleagues, a disaster unfolded (slipped on rocks, soaked, bruising everywhere, mobile phone broken…) but once the painkillers kicked in, another attempt with a decent camera ensued, this time using the zoom lens rather than risking my life to get close.
Something quite strange awaited and it’s circled on the snapshot below. A shopping basket has washed down the mountain, jamming itself onto a rock in our usually placid stream! The problem with this basket is it shouldn’t exist as there’s nothing between our garden and the top of the mountain, literally no reason for a shopping basked to be dumped in the stream. Above our garden is a geological no-go area, where the forestry people dare not work with the result we’ve plenty of proper deciduous trees, rather than fir trees being grown as a crop. It makes for a pleasant rain forest, a hidden few acres inaccessible to the forestry folk who were tasked with planting pine trees before the first world war, the aim being to supply railway sleepers to the world… On one side of our (rarely visited) land above the waterfall, there’s a 6 metre deep gully through volcanic rock to the stream, the other side providing an exceptionally steep slope, a boundary lined with oak and beech trees. This has created a magical area, accessible only from our garden, making a place where a supermarket wire basket shouldn’t exist.
The thing is as outlandish as a Natwest chart finally managing to make some visual sense but, unlikely as it may seem, the retail bank share price appears finally to be sticking to “the rules”, an event 15 years in the making. Hopefully this state of affairs continues, despite the careless administrations of UK chancellor Rachel (from accounts) Reeves. Our worry is, last time a Labour chancellor was fouling things up, it was Gordon (from janitorial) Brown in control, the retail banking sector still trying to recover from his brand of leadership.
Our inclination is to now treat Natwest as if the bank has entered a “big picture” phase of movement, suggesting share price shuffles now above 456p shall enter a cycle to an initial 466p and some very probable hesitation. Our secondary beyond such a level is a longer term impressive lunge to 538p, effectively a return to the price levels when the poison of the financial crisis took hold.
Should everything intend go wrong, the share price needs stumble below 426p as this risks promoting the idea of reversal to an initial 399p with our secondary, if broken, at 386p and a fresh start at the price trying to recover..
FFUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 12:05:43AM | BRENT | 7384 | 7392 | 7250 | 7095 | 7568 | 7715 | 7832 | 7988 | 7472 |
| 12:21:58AM | GOLD | 2934.81 | ||||||||
| 12:41:29AM | FTSE | 8629.7 | ||||||||
| 12:44:11AM | STOX50 | 5440.4 | ||||||||
| 12:46:56AM | GERMANY | 22176 | 22123 | 22015 | 21708 | 22400 | 22400 | 22506 | 22634 | 22278 |
| 12:51:35AM | US500 | 6013.6 | ||||||||
| 1:15:55AM | DOW | 43410.4 | ||||||||
| 2:48:41AM | NASDAQ | 21591.4 | ||||||||
| 2:52:37AM | JAPAN | 38139 |
21/02/2025 FTSE Closed at 8659 points. Change of -0.03%. Total value traded through LSE was: £ 5,938,081,458 a change of 0.78%
20/02/2025 FTSE Closed at 8662 points. Change of -0.57%. Total value traded through LSE was: £ 5,892,381,883 a change of 10.17%
19/02/2025 FTSE Closed at 8712 points. Change of -0.62%. Total value traded through LSE was: £ 5,348,624,853 a change of 11.87%
18/02/2025 FTSE Closed at 8766 points. Change of -0.02%. Total value traded through LSE was: £ 4,781,200,025 a change of -0.7%
17/02/2025 FTSE Closed at 8768 points. Change of 0.41%. Total value traded through LSE was: £ 4,815,003,376 a change of -19.37%
14/02/2025 FTSE Closed at 8732 points. Change of -0.37%. Total value traded through LSE was: £ 5,971,374,028 a change of -3.83%
13/02/2025 FTSE Closed at 8764 points. Change of -0.49%. Total value traded through LSE was: £ 6,209,371,407 a change of -0.52% 
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:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **
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Updated charts published on : Gulf Keystone, Glencore Xstra, Intercontinental Hotels Group, ITM Power, Natwest, Standard Chartered, Tern Plc, Tullow,
LSE:GKP Gulf Keystone. Close Mid-Price: 194.6 Percentage Change: + 5.30% Day High: 194.9 Day Low: 182.6
Target met. Further movement against Gulf Keystone ABOVE 196 should impro ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:GLEN Glencore Xstra Close Mid-Price: 323.85 Percentage Change: -0.52% Day High: 329.25 Day Low: 320.5
Weakness on Glencore Xstra below 320.5 will invariably lead to 317p with ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 9900 Percentage Change: -0.20% Day High: 9996 Day Low: 9842
In the event Intercontinental Hotels Group experiences weakness below 984 ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 31.48 Percentage Change: -4.20% Day High: 33.26 Day Low: 31.06
Target met. If ITM Power experiences continued weakness below 31.06, it w ……..
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View Previous ITM Power & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 451.8 Percentage Change: + 3.60% Day High: 455.4 Day Low: 437.7
In the event of Natwest enjoying further trades beyond 455.4, the share s ……..
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View Previous Natwest & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1183 Percentage Change: + 3.77% Day High: 1205.5 Day Low: 1169
Target met. Continued trades against STAN with a mid-price ABOVE 1205.5 s ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TERN Tern Plc Close Mid-Price: 1.23 Percentage Change: -3.92% Day High: 1.23 Day Low: 1.2
Weakness on Tern Plc below 1.2 will invariably lead to 1p with secondary ……..
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View Previous Tern Plc & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 16.32 Percentage Change: + 0.12% Day High: 16.59 Day Low: 15.79
If Tullow experiences continued weakness below 15.79, it will invariably ……..
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View Previous Tullow & Big Picture ***