#Gold #DowJones Once again, a share price moved in a fashion which really, really, bothers us. Back in 2021, we gave criteria which provided a scenario for a drop target of 453p against this share, one which should have provided a level from where a bounce should be anticipated. However, circled on the chart is a little “oops” which took place in September 2022, the share price being “gapped” below our target level, almost as if the market was aware of the rebound potentials and opting to create a new situation, one where all bets were off as a brand new trend commenced.
In a fairly blunt rule of thumb, if a price is gapped above one of our target levels, happy days are generally ahead. Whereas, if gapped below a target level, you’d probably be safer buying shares in a new luxury yacht marina in the Straits of Hormuz. With Ceres moving from 453 down to an eventual bottom at 46p, their share price has been a horror story!
Curiously, we’ve had a bunch of emails asking our opinion for the future for Ceres, perhaps inspired by the mess in the Middle East along with a suspicion it’s finally the time for Hydrogen Cells to take centre stage as sensible and sane energy sources but unfortunately, it’s liable not to be something which happens overnight. Doubtless, Ceres Power are already perfectly aware of this and will already have moved far beyond naive expectations of their market place expanding rapidly overnight. While immediate oil and gas supply may be compromised, with the current dogma led UK government starting to publicly question its Net Zero nonsense, acknowledging new oil production from Scotland may be quite a good idea, even though the Middle East may be resolved, many governments are experiencing a sharp reminder of how silly and dangerous their policies actually are.
There’s a crazy story locally, one which is almost certainly true. The UK apparently enjoys the largest oil deposits yet offshore around Argyll and the Clyde Estuary. Unfortunately, oil companies are forbidden from further exploration due to the need for navigation to the secret Nuclear Submarine bases just along the road from us. Almost gleefully, we look forward to the day when a Labour government has to choose between Nuclear subs and Oil reserves. Such a decision would be as difficult as choosing between a decent Dark Rum or a local island Malt Whisky…
If we wander into the realms of cautious optimism, currently it seems this share need only trade above 352p to hopefully trigger a gain to an initial 393p with our secondary, if bettered, at a significant future 438p and the potential of a looming higher high. This price level risks being very important as closure above such a level dumps the share price in a position to explode toward a future 575p. We do suspect it shall be worth watching for the market choosing to “gap” this share price up at the open, any time now. This is liable to be cheerfully suggesting happy times ahead.
Should things intend go pear shaped, we’d feel justified raising an eyebrow if the share price makes it below 285p as this risks triggering another unpleasant cycle of reversals, giving an initial target of 186p with our secondary, if broken, at 104p, a number we wish didn’t make visual sense.
Finally, as someone always happy to feel sorry for myself due to non-fatal-but-incurable leukaemia, Tuesday brought a bit of a surprise. After an armful of blood was extracted last week, I managed to almost forget a meeting scheduled three months ago with my consultant at the mainland hospital. At some point, taking time to figure out how to properly automate Google Reminders for this sort of thing would be a good idea, an alarm 90 minutes before the appointment being a little unhelpful. However, turning up an hour late is always forgiven as the consultant grew up locally and knows how problematic the ferries can be, along with moronic patients. Long story short, after 114 weeks of chemotherapy, I can now stop and hopefully regain some stamina and strength in the next few years before everything needs start again. Really good news, only spoiled by checkups every 90 days which are a pain in the arm. Now, I only need remember how to commence an exercise regime!
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:41:09PM | BRENT | 10040.3 | Success | ||||||||
| 10:47:28PM | GOLD | 4776.35 | 4606 | 4558 | 4484 | 4670 | 4781 | 4803 | 4838 | 4715 | ‘cess |
| 10:51:02PM | FTSE | 10520 | ‘cess | ||||||||
| 10:54:42PM | STOX50 | 5806.5 | ‘cess | ||||||||
| 10:58:08PM | GERMANY | 23680 | Success | ||||||||
| 11:07:59PM | US500 | 6753.7 | Success | ||||||||
| 11:11:07PM | DOW | 47468.9 | 46204 | 45639 | 45069 | 46654 | 47560 | 47667 | 48717.5 | 46961 | |
| 11:13:28PM | NASDAQ | 24767.2 | Success | ||||||||
| 11:16:15PM | JAPAN | 55919 |
7/04/2026 FTSE Closed at 10348 points. Change of -0.84%. Total value traded through LSE was: £ 7,456,687,194 a change of 2.69%
2/04/2026 FTSE Closed at 10436 points. Change of 0.69%. Total value traded through LSE was: £ 7,261,693,815 a change of -29.12%
1/04/2026 FTSE Closed at 10364 points. Change of 1.85%. Total value traded through LSE was: £ 10,245,214,633 a change of 9.62%
31/03/2026 FTSE Closed at 10176 points. Change of 0.48%. Total value traded through LSE was: £ 9,345,809,311 a change of 18.6%
30/03/2026 FTSE Closed at 10127 points. Change of 1.61%. Total value traded through LSE was: £ 7,880,014,253 a change of 15.35%
27/03/2026 FTSE Closed at 9967 points. Change of -100%. Total value traded through LSE was: £ 6,831,266,544 a change of 0%
26/03/2026 FTSE Closed at 9972 points. Change of 0%. Total value traded through LSE was: £ 7,777,739,669 a change of 0% 
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:CNA Centrica** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAR Star Energy** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Centrica, S4 Capital, Scottish Mortgage Investment Trust, Star Energy, Taylor Wimpey,
LSE:ASC Asos Close Mid-Price: 206.5 Percentage Change: -4.84% Day High: 218.5 Day Low: 206.5
Target met. In the event Asos experiences weakness below 206.5 it calcula ……..
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View Previous Asos & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 218.7 Percentage Change: + 0.09% Day High: 220.2 Day Low: 217.2
Further movement against Centrica ABOVE 220.2 should improve acceleration ……..
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View Previous Centrica & Big Picture ***
LSE:SFOR S4 Capital. Close Mid-Price: 31.75 Percentage Change: + 4.44% Day High: 33.45 Day Low: 30
Target met. All S4 Capital needs are mid-price trades ABOVE 33.45 to impr ……..
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View Previous S4 Capital & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1285.5 Percentage Change: + 1.38% Day High: 1312.5 Day Low: 1281.5
Continued trades against SMT with a mid-price ABOVE 1312.5 should improve ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:STAR Star Energy. Close Mid-Price: 16.25 Percentage Change: + 6.56% Day High: 16.25 Day Low: 15.25
Further movement against Star Energy ABOVE 16.25 should improve accelerat ……..
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View Previous Star Energy & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 82.94 Percentage Change: -1.92% Day High: 85.62 Day Low: 82.58
Target met. If Taylor Wimpey experiences continued weakness below 82.58, ……..
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View Previous Taylor Wimpey & Big Picture ***