CMC Markets Plc (LSE:CMCX) and positive thinking.

#Germany #SP500  The very first thing we look at, when prowling through brokers platforms, is the chart package employed by the broker. Broadly speaking, the worst offerings are generally those where the company offers their in-house chart package whereas, from our perspective, if a brokerage has chosen to outsource their charts, the favourite thing to discover is an embedded TradingView chart package.

To explain, we’ve a few bias’ relating to chart systems and the core issue often surprises folk. We demand Candles to show the width of intraday movement and also, the ability to change to Line drawing, simply giving the closing prices for each session. What we dislike is a chart package which comes pre-loaded with all the garbage a company assumes users will like. Regular readers will know we eschew distractions such as MacD, Simple Moving Average, even Volumes, always preferring to present a chart which shows price movements and trend lines.

Our rather blunt assessment fairly basic, insofar as since 2004 when the Singapore  market turned on its computer, the last marketplace in the world which involved proper trader pits vanished. As a result, indicators which mapped Human Behaviour were no longer required and in theory, an entire motherload of pretty chart patterns which were based on Moving Averages became redundant. Instead, the Chart Guru market doubled down, further “new” miracle indicators being hyped, most of which only became correct after the fact of a movement. For a while, we did believe Keltner Bands (when tuned properly against an individual share) maybe gave reason to be used but, in the fullness of time, we last called up this indicator before 2020 as it’s both a nuisance to tune properly and unreliable anyway.

 

Curiosity demanded we throw a Keltner Band at CMC’s chart, just to see what was revealed. During 2025, the share price appears to be adhering to a 16 session period for major movements. If this (Moving Average based) trend is correct, there are indications the share price has commenced a downtrend in recent weeks. However, it is worth considering this downtrend was visibly kicked off by share price manipulation (circled),  the price being gapped down by the market to 239p on June 5th. This creates a suspicion the movement downward may prove to be contrived, creating a situation where our downward projection may prove inaccurate. The current situation suggests weakness next below 234p risks triggering reversals to an initial 156p with our secondary, if broken, an eventual bottom at 122p. Glancing at the chart, despite the addition on a pretty colour, these drop targets make little sense and thus, we’re not comfortable with them!

However, it feels more likely this downward trend shall prove “fake” and we should probably be keeping a weather eye on the potential of the share price nudging above 260p as a surprise recovery cycle shall almost certainly ignite. Exceeding such a trigger level calculates with the potential of a lift to an initial 334p with our secondary, if bettered, at 417p. Interestingly, these targets make some visual sense.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:54:12PM BRENT 6788.1
10:57:38PM GOLD 3430.86 Success
11:01:13PM FTSE 9041.8 Success
11:04:36PM STOX50 5295.9 Success
11:12:30PM GERMANY 24077.9 23913 23873 23660 24046 24110 24141 24217 24056 Success
11:39:28PM US500 6309.8 6282 6261 6236 6302 6322 6330 6346 6305 ‘cess
11:43:05PM DOW 44601.6 ‘cess
11:46:31PM NASDAQ 23088.8 ‘cess
11:49:31PM JAPAN 40317 Success

 

22/07/2025 FTSE Closed at 9023 points. Change of 0.11%. Total value traded through LSE was: £ 4,748,177,940 a change of -18.75%
21/07/2025 FTSE Closed at 9013 points. Change of 0.23%. Total value traded through LSE was: £ 5,844,177,797 a change of 22.54%
18/07/2025 FTSE Closed at 8992 points. Change of 0.22%. Total value traded through LSE was: £ 4,769,021,038 a change of 5.9%
17/07/2025 FTSE Closed at 8972 points. Change of 0.52%. Total value traded through LSE was: £ 4,503,178,257 a change of -5.51%
16/07/2025 FTSE Closed at 8926 points. Change of -0.13%. Total value traded through LSE was: £ 4,765,608,248 a change of -10.27%
15/07/2025 FTSE Closed at 8938 points. Change of -0.67%. Total value traded through LSE was: £ 5,311,247,266 a change of 37.8%
14/07/2025 FTSE Closed at 8998 points. Change of 0.64%. Total value traded through LSE was: £ 3,854,245,348 a change of -14.23%

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:ASC Asos** **LSE:BT.A British Telecom** **LSE:SBRY Sainsbury** **LSE:TSCO Tesco** **LSE:VOD Vodafone** **

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Updated charts published on : Anglo American, Asos, British Telecom, Sainsbury, Tesco, Vodafone,


LSE:AAL Anglo American. Close Mid-Price: 2340 Percentage Change: + 1.43% Day High: 2349 Day Low: 2291

All Anglo American needs are mid-price trades ABOVE 2349 to improve accel ……..

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View Previous Anglo American & Big Picture ***


LSE:ASC Asos Close Mid-Price: 333 Percentage Change: -0.75% Day High: 348.5 Day Low: 329

All Asos needs are mid-price trades ABOVE 348.5 to improve acceleration t ……..

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View Previous Asos & Big Picture ***


LSE:BT.A British Telecom. Close Mid-Price: 200.7 Percentage Change: + 0.40% Day High: 201.1 Day Low: 199.45

Continued trades against BT.A with a mid-price ABOVE 201.1 should improve ……..

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View Previous British Telecom & Big Picture ***


LSE:SBRY Sainsbury. Close Mid-Price: 301.4 Percentage Change: + 1.28% Day High: 302.2 Day Low: 296.4

Further movement against Sainsbury ABOVE 302.2 should improve acceleratio ……..

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View Previous Sainsbury & Big Picture ***


LSE:TSCO Tesco. Close Mid-Price: 426.1 Percentage Change: + 0.38% Day High: 428.1 Day Low: 423.2

Continued trades against TSCO with a mid-price ABOVE 428.1 should improve ……..

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View Previous Tesco & Big Picture ***


LSE:VOD Vodafone. Close Mid-Price: 83.94 Percentage Change: + 1.04% Day High: 84.2 Day Low: 83.16

All Vodafone needs are mid-price trades ABOVE 84.2 to improve acceleratio ……..

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View Previous Vodafone & Big Picture ***


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

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