#brent #dow A personal hobby of making wine, buying the appropriate grape concentrate from the appropriate area, is proving as irritating as the stock markets, due to discovering yet another area in life where time tends to be a fluid concept, understood by no-one. Thinking the sport of fermenting grape juice would prove as simple as following a recipe, this notion was a naive error. In fact, sometimes it feels like yeast for fermentation is almost sentient, capable of pulling the odd practical joke.
It’s fairly typical to find folk assuming the fermentation process will take 7 days, if the temperature is held between 20 and 25 degrees centigrade. An entire industry has grown, creating heating devices designed to maintain the temperature of the mix. But in reality, once the yeast starts to get busy munching on sugars, the liquid itself warms up and will generally stabilise between 22 and 24 degrees for around six days. Except for Tuesdays!
Due to habitually laying down a batch of wine at weekends, it generally takes until Tuesday when the yeast decide it’s time to hold a festival, often accelerating the process with some crazy CO2 bubbles emitted which can overflow the fermentation vessel. It all gets quite exciting, when you realise your brewing wine has help an overnight drunken yeast party but it’s still going to be a few days before the next phase of production. Or maybe another week or two, no two batches of yeast bothering to behaving in exactly the same way or with a similar timeframe. And as long as you’re not trying to make wine inside a fridge or cooker, you really do not need bother spending money on heating apparatus. The next phase kicks off, when the fermentation process has completed and the wine moved into a resting cask, an expectation it will take just a few days for the wine to clear, sediment and cloudy stuff sinking to the bottom of the container revealing perfect wine above. Except this phase falls into the “how long is a bit of string” category unless certain chemicals are added to the brew to ‘fine’ the product, artificially making it palatable ahead of time.
There’s a funny little issue at this point, where we’ve moved a wine into the settling phase but taken an inevitable sip, discovering in the process it was exceedingly palatable. This happened with a Merlot, a couple of bottles being set aside for personal research purposes, while the remaining 20 litres were consigned to the garden shed for a few weeks or months. Not a single taste has come close to matching the original “fresh from the oven” taste of the batch, making us hope once it has cleared, it can be bottled to mature for a respectable amount of time to hopefully challenge our early result.
The reason behind this diatribe should be obvious.
We give trigger and target levels across the market place but readily concede, like our wine exploits, timeframes are impossible unless artificial aid is given.
When we previously reviewed Barclays, we gave closure above 302p as a trigger level, something the share price has achieved repeatedly since our prediction. Thus far, despite a few fake twitches upward, the share price hasn’t achieved any sort of significant surge. We’re inclined to take some hope from Lloyds and Natwest lunging upward, perhaps giving Barclays an indication of direction once it gets its act in gear and figures out a way to divorce itself from the contrived car finance scandal.
Share price movements over the last few weeks have certainly managed to provide a fairly confident outlook. Above 313p now calculates as capable of a visit to a confident looking 332p next, a point where some slight hesitation feels possible. Our longer term secondary, if such a level is bettered, now works out at 359p, a number which should be a stepping stone on a winding path to an eventual major target of 407p. Generally, we anticipate shares which jam themselves into a holding pattern such as Barclays for the last couple of months, shall eventually break free, moving upward quite rapidly.
If things intend for wrong, below 287 would ring alarm bells, risking promoting reversal down to an initial 273 with our secondary, if broken, at 257p and a very possible bouncy bottom.
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FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 10:29:40PM | BRENT | 7010.5 | 6827 | 6647 | 6120 | 7042 | 7168 | 7277 | 7428 | 6972 |
| 10:31:45PM | GOLD | 2911 | 2900 | |||||||
| 10:35:02PM | FTSE | 8700.5 | 8715 | |||||||
| 10:37:17PM | STOX50 | 5478.4 | 5498 | |||||||
| 10:40:09PM | GERMANY | 23050 | 23109 | |||||||
| 10:42:39PM | US500 | 2056.2 | 2063 | |||||||
| 10:51:09PM | DOW | 42557.5 | 42166 | 42021 | 41648 | 42605 | 42916 | 42947 | 43207 | 42653 |
| 11:40:37PM | NASDAQ | 20024.5 | 20076 | |||||||
| 11:42:48PM | JAPAN | 36990 | 37154 |
7/03/2025 FTSE Closed at 8679 points. Change of -0.03%. Total value traded through LSE was: £ 6,304,463,649 a change of -17.82%
6/03/2025 FTSE Closed at 8682 points. Change of -0.83%. Total value traded through LSE was: £ 7,671,130,291 a change of 6.49%
5/03/2025 FTSE Closed at 8755 points. Change of -0.05%. Total value traded through LSE was: £ 7,203,655,204 a change of -19.84%
4/03/2025 FTSE Closed at 8759 points. Change of -1.26%. Total value traded through LSE was: £ 8,986,196,002 a change of 22.76%
3/03/2025 FTSE Closed at 8871 points. Change of 0.7%. Total value traded through LSE was: £ 7,320,378,637 a change of -49.26%
28/02/2025 FTSE Closed at 8809 points. Change of 0.61%. Total value traded through LSE was: £ 14,426,533,627 a change of 91.89%
27/02/2025 FTSE Closed at 8756 points. Change of 0.29%. Total value traded through LSE was: £ 7,518,268,288 a change of 21.01% 
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:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:IHG Intercontinental Hotels Group** **
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Updated charts published on : Asos, ECO (Atlantic) O & G, Fresnillo, Intercontinental Hotels Group,
LSE:ASC Asos Close Mid-Price: 288.6 Percentage Change: -0.07% Day High: 297.4 Day Low: 281.8
If Asos experiences continued weakness below 281.8, it will invariably le ……..
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View Previous Asos & Big Picture ***
LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 8.9 Percentage Change: -1.11% Day High: 8.9 Day Low: 8.6
Target met. Continued weakness against ECO taking the price below 8.6 cal ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 848.5 Percentage Change: + 1.19% Day High: 871.5 Day Low: 837
Target met. Continued trades against FRES with a mid-price ABOVE 871.5 sh ……..
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View Previous Fresnillo & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 9112 Percentage Change: -2.11% Day High: 9226 Day Low: 9094
Target met. Continued weakness against IHG taking the price below 9094 ca ……..
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View Previous Intercontinental Hotels Group & Big Picture ***