The S&P 500 and CRISPR too! for 4/11/2020

#FTSE #DOW It’s been mentioned several times, a usually reliable “tell” for US election results is the state of the markets. If the markets are doing well, the incumbent president wins. By the times voting closes, it appears the S&P shall be UP 56% during Trumps time in office, the Nasdaq UP 135% and Wall St UP by 49%. In comparison with prior presidential results, this tends suggest Mr Trump should experience a landslide, able to again frustrate virtually an entire media who dislike the bloke.

Perhaps this year shall prove to be the election result which turns “normal” on its head. After all, 2020 has utterly failed in providing anything else approaching “normal”. However, our previous analysis against the S&P in July proved pretty concise, the index performing pretty much as expected at each target level.

Hey, chart goes here

The last week has seen the S&P execute some fairly interesting movements, ones which almost feel like they attempt to conceal optimism.  It’s quite apt, given the singer Lady GaGa has been campaigning for Mr Biden, the S&P performed its own GaGa manouvre, a Gap Down followed by a Gap Up. This sort of nonsense is usually a precursor to solid market gains and in the case of the S&P, we shall be convinced if the market heads above just 3,430 points. This should prove significant, triggering movement toward an initial 3,580 points with secondary, if beaten, a comfortable looking 3,700 points and a brand new, shiny and confident, all time high.

It appears, if the numbers can be trusted, we should anticipate Mr Trump again excelling at issuing incomprehensible Tweets from the bar at the White House, at odd hours.

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CRISPR Therapeutics (Nasdaq:CRSP It’s unusual to come across something which sounds like Crisps without seeing Gary Lineker, a former footballer turned full time unhealthy food promoter, involved in the background. Thankfully, this company avoids fattening snack foods, taking their name from a family of DNA sequences founds in gnomes… Okay, that’s a joke, they’re playing with the sequences from the genome of bacteria but it’s a pity David Bowie isn’t around to rework his tune, “The Laughing Genome!”

Recent price moves have felt defensive, the share carefully avoiding closing a session below the Red uptrend since March of this year. Perhaps this indicates some surprise recovery is almost upon us. Price weakness below 84 certainly risks some danger, apparently capable of triggering reversal down to an initial 68 dollars. Visually, we’re not convinced a bounce shall be generated at such a level, especially as any weakness below allows bigger picture reversal to a hopeful bottom of 48 dollars.

 

If we choose to take hope from the price refusing to close below Red, some surprising gains look pretty certain if the share price manages a miracle recovery above Blue, presently $99. A trigger such as this calculates as capable of an initial $111, matching the previous all time high. If bettered, further traffic to 131 works out as possible. The bad news?

We suspect it intends $48.

Hey, chart goes here

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:43:27PM BRENT 40.29 ‘cess
10:45:28PM GOLD 1909.91 ‘cess
10:47:47PM FTSE 5796.64 5691 5645.5 5591 5748 5809 5848 5946 5700 Success
10:49:24PM FRANCE 4820.2 Success
10:52:00PM GERMANY 12165.87 Success
10:54:02PM US500 3367.9 Success
11:07:13PM DOW 27541 27223 27179.5 27022 27397 27652 27750 28039 27350 ‘cess
11:09:05PM NASDAQ 11293 ‘cess
11:11:40PM JAPAN 23835 Success
3/11/2020 FTSE Closed at 5786 points. Change of 2.33%. Total value traded through LSE was: £ 4,532,627,706 a change of 3.31%
2/11/2020 FTSE Closed at 5654 points. Change of 1.38%. Total value traded through LSE was: £ 4,387,376,936 a change of -3.73%
30/10/2020 FTSE Closed at 5577 points. Change of -0.07%. Total value traded through LSE was: £ 4,557,332,693 a change of -12.99%
29/10/2020 FTSE Closed at 5581 points. Change of -0.02%. Total value traded through LSE was: £ 5,237,564,347 a change of -19.16%
28/10/2020 FTSE Closed at 5582 points. Change of -2.55%. Total value traded through LSE was: £ 6,478,792,407 a change of 41.97%
27/10/2020 FTSE Closed at 5728 points. Change of -1.1%. Total value traded through LSE was: £ 4,563,468,631 a change of 6.98%
26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%

Smith & Wesson, Brookfield Asset for 3/11/2020

#Gold #SP500 It’s time for the US election. With stores in New York boarding their windows up, our thoughts obviously turned to companies liable to be influenced by the vote. Gun maker, Smith & Wesson, were an obvious first choice to benefit from a result no-one likes, but surprisingly, we were unable to find a stock market listed company who sell tear gas, armoured clothing, and the usual paraphernalia associated with election results and civil unrest…

We’re intending to focus on the US this week as there appears ample reason to anticipate some volatility. It’s a little frightening the number of media outlets speculating on the possibility of a civil war with “the wrong” election result. To be honest, we’re not entirely sure which candidate would be “the wrong” winner!

The other share we chose for analysis, Brookfield Asset Management, was a more straightforward choice. If the US Democrat wins, Green and renewable energy is liable to produce some recovery, whereas if Mr Trump wins, Brookfield enjoy a substantial international footprint, one which should insulate their share price from a Republican win.

 

It was a surprise to learn the much vaunted “Right to Bear Arms” in the USA, often thought to be a statute to ensure towns could protect themselves from rampaging English redcoats, was favoured for quite a different reason. The population of the frontier nation approved of guns, due to their use against Native Americans or escaping slaves. Essentially the USA liked guns mainly to use against their own people.

 

Smith & Wesson are regarded as the largest supplier of American made weaponry with figures surfacing of record sales in recent times. For instance, their most recent Earnings Per Share reported at $0.97, substantially ahead of analysts estimates of just $0.56. Since this bumper report in September, their share price has declined to around $17 presently. Any movement next below 15 dollars will tend suggest coming reversal to $12 with secondary, if broken, at $8.6 and hopefully a real bounce.

The share price requires exceed 19 dollars to convince us some miracle recovery is happening, perhaps thanks to a presidential outcome driving even greater demand for weaponry. Only above the 19 dollar mark dare we mention an initial recovery target of 24.5 dollars with secondary, if exceeded, up at $27.5 and some probable hesitation, due to the prior high level.

Closure above 27.5 shall be thought of as a really big deal, signalling the potential of a future 36 dollar ambition.

Perhaps worth watching as things could change this week.

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Brookfield Assent Management, NYSE:BAM. A company with their feet in every camp of energy supply, ranging from Hydroelectric through Solar and Wind are likely to experience a boost should the Biden camp triumph in the election. To convince us a price movement is genuine, we’ll be happy if the share manages above the $40 level as this looks very capable of driving recovery to an initial $48. If bettered, our secondary of $61 makes a lot of visual sense.

To suggest trauma, weakness below the 29 dollar level looks fairly non-threatening, calculating with the potential of a visit to an initial $26 with secondary, if broken, down at $22 and hopefully a proper rebound.

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FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:58:32PM BRENT 39.32
10:00:36PM GOLD 1895.92 1874 1870.5 1862 1886 1897 1906.5 1922 1874 ‘cess
10:03:07PM FTSE 5665 ‘cess
10:24:35PM FRANCE 4699.7 ‘cess
10:26:55PM GERMANY 11808 ‘cess
10:42:56PM US500 3309 3250 3239 3208 3290 3319 3341 3377 3279 ‘cess
10:45:16PM DOW 26950 Success
10:59:58PM NASDAQ 11081
11:02:32PM JAPAN 23430 Success
2/11/2020 FTSE Closed at 5654 points. Change of 1.38%. Total value traded through LSE was: £ 4,387,376,936 a change of -3.73%
30/10/2020 FTSE Closed at 5577 points. Change of -0.07%. Total value traded through LSE was: £ 4,557,332,693 a change of -12.99%
29/10/2020 FTSE Closed at 5581 points. Change of -0.02%. Total value traded through LSE was: £ 5,237,564,347 a change of -19.16%
28/10/2020 FTSE Closed at 5582 points. Change of -2.55%. Total value traded through LSE was: £ 6,478,792,407 a change of 41.97%
27/10/2020 FTSE Closed at 5728 points. Change of -1.1%. Total value traded through LSE was: £ 4,563,468,631 a change of 6.98%
26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%
23/10/2020 FTSE Closed at 5860 points. Change of 1.3%. Total value traded through LSE was: £ 4,285,091,177 a change of -6.52%

Natwest for 2/11/2020

#Brent #Dax Since March, Natwest share price has been about as interesting as this years Top Gear series on BBC. Doubtless thanks to Covid, three generally entertaining presenters appeared to lose their way as the series continued, their short season completing with a pretty predictable episode. Should they have even bothered as the effort tended make the franchise less interesting.

Similarly, retail bank shares have spent the last 6 months, giving the impression of “nothing happening here, move along” and while we hope for some recovery, the prospects feel increasingly unlikely. Natwest share price, despite fulfilling our gain scenario to 124p in our previous report, has a price movement chart which shows a considerable lack of confidence since the pandemic took hold.

The immediate problem is fairly straightforward, thanks to the visuals implying some sort of glass ceiling awaits, almost regardless of any near term gains. At present, above 125p now suggests the possibility of price recovery to an initial 134p. If exceeded, our secondary ambition calculates at 140.5p and this is where an issue awaits. Since March, Natwest share price has made two attempts at the 140 level and we shall not be aghast if any future attempt falters at such a price. Only with closure above 140.5p shall it feel like an attempt to break free from the doldrums is upon up, launching the banks share price into a region where a longer term 191p is allegedly believable!

 

If trouble is planned, weakness next below 101p shall be controversial, taking the share into a zone where reversal to 90p becomes possible with secondary, if broken, at a bottom of 60p. Early warning of trauma will be reversals below Red, presently around 113p.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
1:11:07PM BRENT 37.91 37.36 36.95 36.39 38.1 38.7 39.07 39.59 37.7
1:14:33PM GOLD 1879 ‘cess
1:18:38PM FTSE 5603
1:23:22PM FRANCE 4624 Shambles
1:43:12PM GERMANY 11628 11326 11262 11134 11452 11646 11717.5 11848 11524 Success
1:52:48PM US500 3285 ‘cess
1:55:28PM DOW 26615 Success
2:03:08PM NASDAQ 11099 Success
2:06:58PM JAPAN 23181 Success

 

30/10/2020 FTSE Closed at 5577 points. Change of -0.07%. Total value traded through LSE was: £ 4,557,332,693 a change of -12.99%
29/10/2020 FTSE Closed at 5581 points. Change of -0.02%. Total value traded through LSE was: £ 5,237,564,347 a change of -19.16%
28/10/2020 FTSE Closed at 5582 points. Change of -2.55%. Total value traded through LSE was: £ 6,478,792,407 a change of 41.97%
27/10/2020 FTSE Closed at 5728 points. Change of -1.1%. Total value traded through LSE was: £ 4,563,468,631 a change of 6.98%
26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%
23/10/2020 FTSE Closed at 5860 points. Change of 1.3%. Total value traded through LSE was: £ 4,285,091,177 a change of -6.52%
22/10/2020 FTSE Closed at 5785 points. Change of 0.16%. Total value traded through LSE was: £ 4,583,747,550 a change of 11.03%

FTSE for FRIDAY 30/10/2020

#FTSE #Gold In Argyll, Scotland, we take some absurd numbers for granted at this time of year. Things like 5 to 10cm of rain expected, or winds of 70mph become normal. Not for us, the picturesque autumn ideal of leaves gently shimmering to the ground. Instead, leaves are waterlogged, blasted horizontally at speed, and clog drains. The funny thing, if the number “70” is mentioned anywhere else, it’s with the assumption of a temperature above 21c. Equally, 5 to 10cm would be socially acceptable snowfall. At time of writing, our gentle garden stream has become a raging torrent, its outflow into the sea probably visible by satellite as the muddy flow stains the water.

This fascination with numbers actually was inspired by last Fridays FTSE outlook! Numbers are important, even when perceived as something different. As can be guessed, autumn is most certainly not our favourite season, here in our part of Scotland.

Our criteria against the UK market projected 5620 points, a target achieved on Wednesday morning (proving, again, our grasp of timeframes stinks) and unfortunately, the predicted bounce was by only 30 points. The last 48 hours have seen our 5620 level effectively behave has a glass ceiling with the index bouncing up and down against this level. The high of the day on Thursday at 5617 points was almost an insult, the market teasing we’d obviously identified a short term pivot level.

 

The FTSE closed Thursday at 5581 points. By any standards, the market is in very dangerous territory.

 

Weakness next below 5525 points now calculates with the potential of reversal to an initial 5265 points. If broken, secondary works out down at an absurd sounding 5095 and hopefully a proper bounce. Unfortunately, in this numeric limbo dance, this secondary could easily extend to the 4999 point level, a point where the visuals (thanks to the March Covid-19 drop) indicate some sort of glass floor awaits.

Perhaps we’re falling victim to the usual assumptions of the end of a month causing problems. Or a global pandemic causing problems. Or the US election causing problems. Or Halloween causing problems. Regardless, it’s easy to fall into the mindset of expecting the worst. We shall be interested if the FTSE recovers above 5630 points next. Such a movement is supposed to trigger market recovery to an initial 5697 points with secondary, if exceeded, at 5804 points. Neither number inspires much confidence, the UK index needing above 5880 points to suggest movements since last Friday have been a bad dream.

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FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:46:06PM BRENT 38.17 37.24 36.93 38.6 38.6 39.145 37.8 Success
10:07:17PM GOLD 1869.51 1860 1856.5 1878 1880 1886 1865 ‘cess
10:12:09PM FTSE 5585 5531 5445 5604 5633 5654 5592
10:14:31PM FRANCE 4564 4508 4383 4607 4607 4649 4560 Shambles
10:27:10PM GERMANY 11582 11556 11501 11615 11711 11768 11560 Shambles
10:29:25PM US500 3279.37 3271 3255 3306 3342 3354 3292
10:31:47PM DOW 26436 26271 26207 26472 26906 27039 26620 ‘cess
10:34:24PM NASDAQ 11193 11167 11108 11293 11285 11302 11220 Success
10:36:51PM JAPAN 23221 23155 23083 23305 23380 23499 23240 ‘cess

 

29/10/2020 FTSE Closed at 5581 points. Change of -0.02%. Total value traded through LSE was: £ 5,237,564,347 a change of -19.16%
28/10/2020 FTSE Closed at 5582 points. Change of -2.55%. Total value traded through LSE was: £ 6,478,792,407 a change of 41.97%
27/10/2020 FTSE Closed at 5728 points. Change of -1.1%. Total value traded through LSE was: £ 4,563,468,631 a change of 6.98%
26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%
23/10/2020 FTSE Closed at 5860 points. Change of 1.3%. Total value traded through LSE was: £ 4,285,091,177 a change of -6.52%
22/10/2020 FTSE Closed at 5785 points. Change of 0.16%. Total value traded through LSE was: £ 4,583,747,550 a change of 11.03%
21/10/2020 FTSE Closed at 5776 points. Change of -1.92%. Total value traded through LSE was: £ 4,128,443,901 a change of 8.25%

Halloween Market Massacre for 29/10/2020

#Nasdaq #Dax Monday last week was the anniversary of “Black Monday” in the US, a day in 1987 when the Dow Jones managed to mislay over 25% of its value in a single session. We even wrote an article about it, deciding not to publish as it read like panic clickbait. Some analysts had pointed out the markets were in a similar position, ready for a sharp drop. Needless to say, markets WERE NOT in such a state but following reversals this week, we’re substantially less confident calamity isn’t far away.

When we reviewed matters prior to the 23rd anniversary of “Black Monday”, the DOW was trading around 28,700 points and we calculated in US index needed reverse below 26,500 before we’d risk concerns for the future. Alas, on Wednesday 28th, the DOW managed to bottom at 26,497 points and so far, we’re not seeing great evidence of a recoil in horror from the horrid reversal potential which just triggered (by only 3 points, it must be said).

The immediate situation is quite dangerous, weakness now below 26,497 risking entering a cycle to an initial 24,300 points. While this sounds dramatic, our secondary and hopeful bottom calculation comes in at 20,700 points. The secondary “bottom” number has a pretty unpleasant implication, taking the index into a zone where a hopefully ultimate wipe-out allows for an eventual 17,270 points. As the visuals confirm, this would entirely undo all the Dow Jones gains during the current Trump presidency! It’s perhaps not the ideal image to portray during a US Presidential shambles.

 

If this has all been a dreadful aberration, due to Covid-19 fears once again making themselves known worldwide, early signals of this being an over-reaction shall come if the US index manages exceed 26,830 points as this calculates with the potential of a fairly tame sounding 27,035 points. Achieving a rebound at this level will be the first tickbox hinting bottom is “in”. If bettered, our secondary calculation works out at 27,250 points and allows a deep breath. Above such a point, we shall tend relax and run the numbers again.

It’s almost Halloween. Perhaps the market is just giving the world a bit of a fright… Or should we anticipate “Halloween Market Massacre” headlines?

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:30:39PM GOLD 1878 Success
10:33:01PM BRENT 39.56 Success
10:39:08PM FTSE 5564.45 Success
10:49:09PM FRANCE 4552 Success
10:53:16PM GERMANY 11534 11452 11243 10975 11655 11650 11695 11776 11540 Success
10:56:12PM US500 3286.92 Success
11:01:21PM DOW 26645 Success
11:04:17PM NASDAQ 11212 11130 11090 11049 11290 11309 11378.5 11467 11202
11:07:06PM JAPAN 23106 Success
28/10/2020 FTSE Closed at 5582 points. Change of -2.55%. Total value traded through LSE was: £ 6,478,792,407 a change of 41.97%
27/10/2020 FTSE Closed at 5728 points. Change of -1.1%. Total value traded through LSE was: £ 4,563,468,631 a change of 6.98%
26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%
23/10/2020 FTSE Closed at 5860 points. Change of 1.3%. Total value traded through LSE was: £ 4,285,091,177 a change of -6.52%
22/10/2020 FTSE Closed at 5785 points. Change of 0.16%. Total value traded through LSE was: £ 4,583,747,550 a change of 11.03%
21/10/2020 FTSE Closed at 5776 points. Change of -1.92%. Total value traded through LSE was: £ 4,128,443,901 a change of 8.25%
20/10/2020 FTSE Closed at 5889 points. Change of 0.08%. Total value traded through LSE was: £ 3,813,945,986 a change of 1.08%

Blackbird (LSE:BIRD) for 28/10/2020

#FTSE #NK225 We’ve been tending to take a special interest in video associated companies, due to the increase in working from home. This focus is easily justified by a look at the FlightRadar website, highlighting the majority of transatlantic flights relate to air cargo, not virus laden people. Surprised by an email asking us to review Blackbird, we note they are NOT involved in video conferencing but instead, video editing via a web browser. The company, once known as Forbidden Technologies, rebranded as Blackbird in 2019, using the name of their cloud video platform as the new corporate identity.

A glance at their client list was immediately fairly intimidating, showing Microsoft, Google, Sky, and even Arsenal football club numbered amongst their client lists. It didn’t take long to figure out their editing format may find favour amongst those of us who’ve prepped a “professional” video presentation, while failing to notice a full ashtray in the foreground and several bottles of wine in the bin. Joking aside, perhaps the company have a product who’s time has come, recent price movements tending justify a degree of interest and suggesting some deeper research may be an idea.

 

The immediate situation is fairly straightforward. Price strength above just 25p should prove capable of an attempt at an initial 28p, a fairly tame ambition. If exceeded, our longer term secondary calculates at a more attractive 39p, doubtless along with some hesitation due to historical behaviour at this price level. For the longer term, absolutely key will be price closure above 39p, thanks to a distant sounding 68p making a lot of sense.

Before becoming enraptured with such a long term calculation, the harsh reality is Blackbird were trading above 250p twenty years ago. This suggests the share needs soar above 75p to give the first solid hint ‘proper’ recovery is coming! For now, we’re fairly impressed with recent movements and suspect 39p shall become a reality on the immediate cycle. The price will require to close a session below Blue, presently 20p, to justify panic.

Hey, chart goes here

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:08:03PM BRENT 41.12 Shambles
10:10:20PM GOLD 1908.06 ‘cess
10:33:40PM FTSE 5689 5683 5623 5549 5750 5748 5767 5795 5712 ‘cess
10:49:02PM FRANCE 4679.7 Success
10:53:15PM GERMANY 11896 ‘cess
10:54:52PM US500 3367.47 ‘cess
10:56:48PM DOW 27295
11:00:07PM JAPAN 23308 23284 23234 23143 23355 23410 23445.5 23499 23367 Success
11:00:12PM NASDAQ Nothing makes sense against this

 

27/10/2020 FTSE Closed at 5728 points. Change of -1.1%. Total value traded through LSE was: £ 4,563,468,631 a change of 6.98%
26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%
23/10/2020 FTSE Closed at 5860 points. Change of 1.3%. Total value traded through LSE was: £ 4,285,091,177 a change of -6.52%
22/10/2020 FTSE Closed at 5785 points. Change of 0.16%. Total value traded through LSE was: £ 4,583,747,550 a change of 11.03%
21/10/2020 FTSE Closed at 5776 points. Change of -1.92%. Total value traded through LSE was: £ 4,128,443,901 a change of 8.25%
20/10/2020 FTSE Closed at 5889 points. Change of 0.08%. Total value traded through LSE was: £ 3,813,945,986 a change of 1.08%
19/10/2020 FTSE Closed at 5884 points. Change of -0.76%. Total value traded through LSE was: £ 3,773,149,871 a change of -31.24%

Intel Corp for 27/10/2020

#Gold #DAX Our weekly dip into the US market features Intel, probably the leading chip maker. In these troubling times, searching for “safe” longer term stocks is difficult. Someone recently pointed out the earnings of the top 5 Tech shares are greater than the entire US Russell 2000 index combined and as such, are liable to weather whatever storms presidential elections, pandemics, or even the weather, throw. As Intel share price is looking a bit dodgy, we to take a look!

 

The Covid drop experienced by Intel in mid-March of this year was, from our perspective, arithmetically precise. Unfortunately, in the months since, the share has failed to achieve any real measure of recovery. Our calculations demanded the price close a session above 64.5 dollars to signal bottom was “in” and a cycle toward infinity and beyond could commence. Or more correctly, a run up to 74 dollars eventually and a new all time high. Unfortunately, such a miracle has been noticeably absent so far with the result, we start to suspect some reversals are planned for the share price.

The immediate picture is fairly boring with weakness below 46.25 suggesting travel down to 45.7 dollars is coming. This is a fairly interesting movement, given the drop target level meets the uptrend for the last five years. This alone should certainly give some hope for a bounce. Unfortunately, times are not normal, so we shall be more interested if the company discovers a reason to close a session below 45.7 dollars. This introduces the potential for some fairly strong reversals heading Intel’s way with weakness looking probable to an initial 38 dollars with secondary, if broken, at a confident looking bottom of 30 dollars. We’d certainly anticipate a bounce around such a level, despite a fly in the ointment.

As the visuals show, there’s a Blue downtrend painted on the chart, one which dates back to the year 2000. Intel’s share price broke this trend back in 2017, nudging through the barrier which was at 38 dollars back then. If true strength is perceived to exist within Intel, we’d be remiss not to expect a solid rebound, should 38 dollars make itself known.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:27:45PM DOW 27710 Success
10:41:26PM BRENT 40.8 ‘cess
10:43:01PM GOLD 1901.76 1894 1889.5 1883 1904 1909 1912 1915 1900
10:45:10PM FTSE 5799.26
10:47:11PM FRANCE 4818.5 Success
10:50:15PM GERMANY 12217 12151 11894 11497 12349 12224 12265.5 12324 12151 Success
10:52:19PM US500 3405.22 ‘cess
10:55:00PM NASDAQ 11516 Shambles
10:58:14PM JAPAN 23406 Success

 

26/10/2020 FTSE Closed at 5792 points. Change of -1.16%. Total value traded through LSE was: £ 4,265,904,937 a change of -0.45%
23/10/2020 FTSE Closed at 5860 points. Change of 1.3%. Total value traded through LSE was: £ 4,285,091,177 a change of -6.52%
22/10/2020 FTSE Closed at 5785 points. Change of 0.16%. Total value traded through LSE was: £ 4,583,747,550 a change of 11.03%
21/10/2020 FTSE Closed at 5776 points. Change of -1.92%. Total value traded through LSE was: £ 4,128,443,901 a change of 8.25%
20/10/2020 FTSE Closed at 5889 points. Change of 0.08%. Total value traded through LSE was: £ 3,813,945,986 a change of 1.08%
19/10/2020 FTSE Closed at 5884 points. Change of -0.76%. Total value traded through LSE was: £ 3,773,149,871 a change of -31.24%
16/10/2020 FTSE Closed at 5929 points. Change of 1.66%. Total value traded through LSE was: £ 5,487,076,168 a change of 14.4%