Rightmove Plc & FTSE / Brent thoughts. Oh, and the crows too.

#Brent #Gold  A rather cheeky concept was enacted on Monday. With grand-daughters returned to Edinburgh, we’d the usual pile of left over foods which neither my wife nor I will touch. At one point, between rain showers, two croissants were tossed onto the lawn. Literally, within seconds, Cheryl*** & Russell, our two garden Crows, appeared with each flying off with a fully intact Morrisons bakery croissant. The two birds have made a nest in a tree above the garden waterfall, one of the few birds nests which is insulated with Golden Retriever hair.

Curiosity made us wonder just how greedy the two birds could be. We’d 1/2 a Hovis White loaf and usually I’d limit the greedy birds to a slice per day but on this occasion, perhaps they could be convinced it was party time. About 15 slices of bread were tipped onto the grass in a dry area under a tree. Both animals swooped, returning to their nest with a slice each. But then something odd happened. One of the birds swooped down to the lawn to patrol the bread, the other flew off. A couple of minutes later, the missing crow returned with two chums, all four birds clearing the bread from the lawn, one even giving a passing seagull the fright of its life by deliberately hitting its back, claws extended. It appeared our garden crows decided to share their bounty with a couple of local chums. To be honest, all four crows looked dangerously well fed, hanging around the wall at the top of the garden in the hope more miracle food would appear. When our Golden Retriever decided to patrol her territory, the crows couldn’t be bothered flying away, choosing to ignore the dangerous dog who was choosing to ignore the dangerous birds. We’ve long suspected there is a real relationship between the dog and Cheryl & Russell and today they confirmed it. She eventually lay down at the top of the garden, her back to the crows, asserting her dominance over the lawn.

All things considered, it was an interesting experiment which proved crows will work together, when required. And more importantly, it got rid of some lovely white bread which I cannot eat due to Coeliac disease and my wife will not eat, due to being on a ‘forever’ diet… While an argument could be fairly made we’ve too much time on our hands, the FTSE moving just 20 points above and below a pivot point of 8,760 was a painfully slow day to watch.

*** The crow called Cheryl is easily spotted due to her single white feather below her left hand wing. Russel, almost twice her size, just looks like a thug.

 

However, Tuesday looks like some fun is possible for the FTSE, market futures trading at 8,800 points at time of writing with a suggestion Tuesday should become a day with free bread everywhere. Or at least, some solid gains on the market. In the event the FTSE makes it above 8,838. On the other side of the coin, Brent Crude risks reversal toward 6253 cents and a probable short term rebound. But should 6253 break, our longer term secondary calculates at a possible bottom around 5,692 cents. A bounce at such a level is not certain.

As for Rightmove, there are certainly a wide range of mixed commentary, the bias appearing toward analysts predicting doom. However, the visuals don’t agree and the news the company has removed 100,000 shares from the trading pool is unlikely to reduce their price potentials. Movements next above 784 look capable of triggering a cycle toward an initial 806 with our longer term secondary at 836p and a new all time high. Significantly, once above 806p, we shall regard the share as being in the thrall of a long term attraction up at 886p.

Alternately, below 703 is required to inject concern into our calculations, suggesting the potential of weakness to an eventual 647p and a possible bounce.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:36:29PM BRENT 6936 Success
10:38:35PM GOLD 3355.76 3350 3337 3318 3367 3394 3408 3427 3379
10:47:28PM FTSE 8787.2 8730 8718 8656 8778 8793 8802 8826 8764
10:50:57PM STOX50 5267 ‘cess
10:59:28PM GERMANY 23480.9 ‘cess
11:02:16PM US500 6049.8 Success
11:04:44PM DOW 42760.7 Success
11:07:23PM NASDAQ 21997.9 ‘cess
11:10:54PM JAPAN 38829 Shambles

 

23/06/2025 FTSE Closed at 8758 points. Change of -0.18%. Total value traded through LSE was: £ 4,665,666,044 a change of -66.2%
20/06/2025 FTSE Closed at 8774 points. Change of -0.19%. Total value traded through LSE was: £ 13,804,431,161 a change of 245.4%
19/06/2025 FTSE Closed at 8791 points. Change of -0.59%. Total value traded through LSE was: £ 3,996,665,836 a change of -22.28%
18/06/2025 FTSE Closed at 8843 points. Change of 0.1%. Total value traded through LSE was: £ 5,142,450,151 a change of -29%
17/06/2025 FTSE Closed at 8834 points. Change of -0.46%. Total value traded through LSE was: £ 7,242,544,038 a change of 37.46%
16/06/2025 FTSE Closed at 8875 points. Change of 0.28%. Total value traded through LSE was: £ 5,269,012,608 a change of 2.72%
13/06/2025 FTSE Closed at 8850 points. Change of -0.38%. Total value traded through LSE was: £ 5,129,702,776 a change of -3.74%

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:CAR Carclo** **LSE:DGE Diageo** **LSE:GRG Greggs** **LSE:ITRK Intertek** **LSE:NWG Natwest** **

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Updated charts published on : Anglo American, Carclo, Diageo, Greggs, Intertek, Natwest,


LSE:AAL Anglo American. Close Mid-Price: 2017 Percentage Change: + 0.25% Day High: 2022 Day Low: 1987.2

Weakness on Anglo American below 1987.2 will invariably lead to 1960p wit ……..

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LSE:CAR Carclo Close Mid-Price: 46.55 Percentage Change: -2.51% Day High: 49 Day Low: 46.6

In the event of Carclo enjoying further trades beyond 49, the share shoul ……..

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LSE:DGE Diageo Close Mid-Price: 1848.5 Percentage Change: -1.73% Day High: 1874 Day Low: 1850

Target met. Weakness on Diageo below 1850 will invariably lead to 1818p w ……..

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LSE:GRG Greggs. Close Mid-Price: 1910 Percentage Change: + 0.32% Day High: 1913 Day Low: 1878

Target met. In the event Greggs experiences weakness below 1878 it calcul ……..

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LSE:ITRK Intertek. Close Mid-Price: 4718 Percentage Change: + 1.55% Day High: 4716 Day Low: 4612

If Intertek experiences continued weakness below 4612, it will invariably ……..

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LSE:NWG Natwest Close Mid-Price: 494.3 Percentage Change: -2.43% Day High: 505.8 Day Low: 493.6

Weakness on Natwest below 493.6 will invariably lead to 481p with seconda ……..

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

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