Natwest (LSE:NWG) and another rainy day…

#Brent #US500  Before our review of Natwest, It’s probably worth looking hard at these numbers, 7,000 points and 2,200 points. These are the number of points lost on the DOW and the FTSE respectively, after President Biden took office in 2020. It was a drop which exceeded 33% and in light of current dramatics, should not be forgotten! Of course, the other disaster which befell at the same time was Covid-19 but as things progress, it’s likely the market shall develop its own version of Alzheimer’s in calculating any reversals. Which is, of course, a cruel joke given the mental state of the former US President, clearly suffering from the most poisonous illness visited on his family. From a personal experience, it was difficult spending years mourning the death of a parent who was still physically alive…

 

As for Natwest, “Oh dear”.

When we reviewed the share three weeks ago, we warned of the dangers of a dip below 428p as it risked making our silly GaGa scenario into reality. Unfortunately, this has proven to be the case, their share price hitting 403p which is sufficiently close to our 400 level to be deemed a success. Our next target, should 400 be pierced (as it almost certainly will be) remains at 368p and the very strong potential of some sort of bounce. Our secondary in this instance is at 363p, essentially the same price level and effectively doubling the bounce potentials.

The problem comes if the market decides Trump Tariffs are as bad as Covid-19, arithmetically giving it permission to eventually target a bottom around 262p for Natwest. Currently, absolutely nothing is giving such a signal but we’d be remiss if we didn’t mention it.

 

So far, with the market games of clutching pearls, things are not as bad as headline writers would have folk believe, Natwest not even CLOSING below the uptrend since the start of 2024. Unfortunately, we do suspect this will end in tears and a visit to the 368p level is on the cards. Only if below 363p will we justify rushing out to buy a pair of running shoes.

Only if above 440 shall we take any rise seriously as movement to an initial 455 is expected with secondary, if bettered, at 501p. To be blunt, this is not a scenario we expect.

 

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:35:11PM BRENT 6333.8 6284 5930 5616 6478 6975 7072.5 7339 6433
11:40:36PM GOLD 2984.95
3:35:28AM FTSE 7880
3:42:05AM GERMANY 19867
3:46:06AM US500 4897.8 4802 4643 4195 5224 5074 5204 5338 5039
3:53:30AM DOW 37176
3:56:25AM JAPAN 31438

 

4/04/2025 FTSE Closed at 8055 points. Change of -4.94%. Total value traded through LSE was: £ 0 a change of -100%
3/04/2025 FTSE Closed at 8474 points. Change of -1.56%. Total value traded through LSE was: £ 8,189,785,390 a change of 71.42%
2/04/2025 FTSE Closed at 8608 points. Change of -0.3%. Total value traded through LSE was: £ 4,777,697,374 a change of -10.48%
1/04/2025 FTSE Closed at 8634 points. Change of 0.61%. Total value traded through LSE was: £ 5,337,298,132 a change of -21.51%
31/03/2025 FTSE Closed at 8582 points. Change of -0.88%. Total value traded through LSE was: £ 6,799,696,301 a change of 28.06%
28/03/2025 FTSE Closed at 8658 points. Change of -0.09%. Total value traded through LSE was: £ 5,309,813,922 a change of 6.75%
27/03/2025 FTSE Closed at 8666 points. Change of -0.26%. Total value traded through LSE was: £ 4,974,129,293 a change of -6.31%

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:AAL Anglo American** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BP. BP PLC** **

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Updated charts published on : Anglo American, Aston Martin, Avacta, Barclays, BP PLC,


LSE:AAL Anglo American. Close Mid-Price: 1870 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Traffic now below 1800 should bring a visit to an initial 1677 with our se ……..

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LSE:AML Aston Martin. Close Mid-Price: 65 Percentage Change: + 0.00% Day High: 0 Day Low: 0

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LSE:BARC Barclays. Close Mid-Price: 250.05 Percentage Change: + 0.00% Day High: 0 Day Low: 0

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LSE:BP. BP PLC. Close Mid-Price: 378.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target Met. Further drips below 364 now threatens travel down to an initia ……..

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*** End of “Updated Today” comments on shares

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