A horror story is slowly unfolding in our home. With our dedicated office, four screens designated to monitor markets and prices, supported by a fridge and my magical ‘bean to cup’ machine, it couldn’t be better. So my wife decided to throw a spanner in the works, deciding to work from home for the next few months. She’s employed by a corporate entity and suddenly we’ve to host another pair of monitors, a Cisco box, and associated network security protocols. She also snaffled our guest bedroom as her lair, occasionally visiting my office to grab a coffee or complain about the toilet seat being up. Of course, with the good weather, she can now be found outside on the patio, a wireless headset, a 20 metre network extension cable and laptop grabbing the shade and doubtless making her staff and colleagues jealous when they see the view over her shoulder. Doubtless our Argyll weather shall introduce some stark reality into the situation and hopefully she remembers to let her Microsoft Teams video link to display the August monsoon.
The “horror story” evolving comes from some entrenched habits from myself, whether it relates to the “toilet seat”, hoovering the lounge, strimming the lawn edges, .running the dishwasher, or picking up a guitar for an obligatory hour plus of practice. The issue my wife forgets is I’m always constantly monitoring the markets, thinking about how some shares are heading, running futures scenarios, or considering whatever headline article I’ll write during the night, and everything else is simply filling a gap between my next market test. Often, I’ll pick up on volumes against a share, run the numbers, decide it’s a waste of time. Sometimes during the trading day, I shall pick up something useful and only if it proves worthwhile, shall it make its way into a headline feature. Perhaps the next 11 weeks will avoid being a horror story but there’s a scary difference between a 24 hour day and a 9 to 5 day.
This, obviously, has little to do with Natwest but we must admit to a fair degree of optimism for the future. When we previously reviewed the share 3 weeks ago, we mentioned the possibility of closure above 631p dumping the share price into happy territory.. This is now the case, so we’re doomed to suggest movement next above 667p should next attack an initial 688p with our secondary, if exceeded, at 740p. Or as they call it in the retail banking world, happy days ahead…
Our alternat4e scenario requires the share to drift below 545 to break Red, threatening a visit to an initial 543 with our secondary, if broken, a bottom around 501p hopefully.
For now, we’re a little optimistic. Hopefully they don’t appopint the outgoing UK PM to their board.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:22:39PM | BRENT | 7350.9 | 7230 | 7104 | 6938 | 7294 | 7468 | 7710 | 7882 | 7298 |
| 9:34:20PM | GOLD | 4088.79 | 4040 | |||||||
| 9:35:57PM | FTSE | 10476 | 10484 | |||||||
| 9:37:49PM | STOX50 | 6207 | 6214 | |||||||
| 10:28:23PM | GERMANY | 24638.9 | 24755 | |||||||
| 10:30:27PM | US500 | 7332.2 | 7340 | |||||||
| 10:32:11PM | DOW | 51752 | 51834 | |||||||
| 10:34:24PM | NASDAQ | 28987.5 | 28882 | 28553 | 28077 | 29281 | 29415 | 29534 | 29753 | 29116 |
| 10:36:28PM | JAPAN | 69507 | 69687 |
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:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **
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Updated charts published on : Aston Martin, Caspian, Experian, Hikma, Quadrise, Rockhopper,
LSE:AML Aston Martin. Close Mid-Price: 37 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. In the event Aston Martin experiences weakness below 36p it c ……..
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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 876 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Further movement against BALFOUR BEATTY ABOVE 876.5 should improve accele ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:CASP Caspian. Close Mid-Price: 1.95 Percentage Change: + 0.00% Day High: 0 Day Low: 0
If Caspian experiences continued weakness below 1.7, it will invariably l ……..
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View Previous Caspian & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 2520 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Weakness on Experian below 2435 will invariably lead to 2398p with second ……..
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View Previous Experian & Big Picture ***
LSE:HIK Hikma. Close Mid-Price: 1531 Percentage Change: + 0.00% Day High: 0 Day Low: 0
In the event of Hikma enjoying further trades beyond 1539, the share shou ……..
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View Previous Hikma & Big Picture ***
LSE:QED Quadrise. Close Mid-Price: 1.85 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. Continued weakness against QED taking the price below 1.5 cal ……..
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View Previous Quadrise & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 70.9 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued weakness against RKH taking the price below 67.7 calculates as ……..
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View Previous Rockhopper & Big Picture ***