Author: T&T Staff

#Brent #Dax

The Blue downtrend on the Barclays chart (since 2013!) is proving fascinating. For 7 years, the market appeared committed to stopping the share price bettering Blue, not matter what. But since March 2021 and the share price finally exceeding Blue, the market appears committed to stopping the share price moving below Blue. Instead, we’ve a painful series of reversals which tease Blue but fail to close below.

We fear this respect for the trend line may be close to coming to an end.

Currently trading around 147p, the share price need only break below 142p to trigger reversal to an initial 132p. If broken, our secondary calculates at 126p, along with a vague hope for a bounce. We’re forced to be a little cagey with our hopes, due to the harsh reality of the share price entering a zone where a longer term cycle to an eventual bottom at 95p becomes very possible. What’s truly surprising about this shambles is pretty straightforward. For a while, Barclays looked like shining brightly among the UK banking sector but somehow, now appears to have face-planted in the mud. It’s not an encouraging sight and we’re inclined to suggest keeping an eye on this as surely, if 95p makes an appearance, a proper bounce shall become possible.

 

In the hope everything going on with Barclays is just an optical delusion (it’s not) allegedly the share price need only exceed 152p to give hope for surprise recovery, calculating with an initial potential of recovery to a tame looking 168p. With closure above such a level, things become rather more interesting as we now work out the potential of 210p making a future appearance. For now, we suspect the price is as safe as the current UK Prime Ministers grip on the keys of power. Watching “Have I Got News For You” on Friday, the opening 10+ minutes comprised constant jokes at the PM’s gaffes, not one of the jokes being repeated to pad things out.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:55:48PM	BRENT	104.32	102.04	100.415	96.51	105.3	106.03	107.32	109.08	103.6	‘cess
9:57:45PM	GOLD	1925.65									‘cess
10:00:00PM	FTSE	7563.62
10:01:33PM	FRANCE	6703
10:03:39PM	GERMANY	14474	14376	14335	14278	14472	14503	14547	14604	14424
10:05:57PM	US500	4544									Success
10:07:52PM	DOW	34807.7									Success
10:10:12PM	NASDAQ	14855									Success
10:13:53PM	JAPAN	27696									‘cess

 

1/04/2022 FTSE Closed at 7537 points. Change of 0.29%. Total value traded through LSE was: £ 5,416,602,044 a change of -16.69%

31/03/2022 FTSE Closed at 7515 points. Change of -0.83%. Total value traded through LSE was: £ 6,501,691,261 a change of -12.58%

30/03/2022 FTSE Closed at 7578 points. Change of 0.54%. Total value traded through LSE was: £ 7,437,044,011 a change of -7.97%

29/03/2022 FTSE Closed at 7537 points. Change of 0.86%. Total value traded through LSE was: £ 8,081,315,259 a change of 39.66%

28/03/2022 FTSE Closed at 7473 points. Change of -0.13%. Total value traded through LSE was: £ 5,786,403,389 a change of -6.97%

25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

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:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:CASP Caspian** **LSE:FOXT Foxtons** **LSE:RMG Royal Mail** **LSE:TRN The Trainline** **

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Updated charts published on : AFC Energy, Applied Graphene, Caspian, Foxtons, Royal Mail, The Trainline,

LSE:AFC AFC Energy Close Mid-Price: 39.96 Percentage Change: -1.82% Day High: 42 Day Low: 39.2

In the event of AFC Energy enjoying further trades beyond 42, the share s ……..

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LSE:AGM Applied Graphene Close Mid-Price: 20 Percentage Change: -4.76% Day High: 22 Day Low: 19.5

In the event Applied Graphene experiences weakness below 19.5 it calculat ……..

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LSE:CASP Caspian. Close Mid-Price: 3.9 Percentage Change: + 4.00% Day High: 3.9 Day Low: 3.75

Below 3.2p now looks capable of panic, suggesting reversal to an initial 2 ……..

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LSE:FOXT Foxtons. Close Mid-Price: 44.35 Percentage Change: + 3.14% Day High: 44.6 Day Low: 42.7

All Foxtons needs are mid-price trades ABOVE 44.6 to improve acceleration ……..

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LSE:RMG Royal Mail Close Mid-Price: 328.5 Percentage Change: -0.15% Day High: 332.2 Day Low: 325.9

In the event Royal Mail experiences weakness below 325.9 it calculates wi ……..

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LSE:TRN The Trainline. Close Mid-Price: 257.1 Percentage Change: + 2.84% Day High: 257.5 Day Low: 248.5

Target met. Further movement against The Trainline ABOVE 257.5 should imp ……..

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

#FTSE #WallSt

The UK market is poised for some pretty impressive movement. There’s only one little problem, that of direction. Essentially, it’s looking about as confident and precise as the UK Prime Minister giving an answer in parliament. In the absence of a good April Fools joke, we’re essentially suggesting the market is poised to move quite strongly, making us search for probable trigger levels which should prove viable in indicating direction.

Firstly though, in an attempt to be topical, we followed the herd and sent our energy company our electricity reading. The company had two caveats on their webpage, pleading we refrain from calling them due to high numbers of folk presenting meter readings. Preferring not to speak to a human being, it was a matter of seconds to enter the actual meter reading against our account. Immediately suspecting their server was overwhelmed, the system refused to acknowledge our number, repeating the mantra of us being wrong with a helpful “Ooops, Incorrect Reading Entered”. By taking a photo of the meter reading, there was no doubt the number was correct, so we checked the last bill. It contained an estimated reading, approximately double the current figure. We then checked previous bills (along with our photo’s of the reading) and discovered their system has been cheerfully rejecting our physical readings for over a year, instead substituting “estimated” numbers. Our home, heated by a wood-burner and sometimes oil fired heating, has just three major devices which consume energy. My espresso coffee machine, a tumble drier (used infrequently), and a dishwasher which has survived a whole year. Lights are all energy saving, exterior floodlights are now all LED units. Even the oven is never used, my wife preferring her big ugly Ninja multi function thing which squats incomprehensively on a worktop.

Some simple calculations followed and it transpires their ‘estimates’ were costing £133 per month as opposed to a more reasonable £30 per month. We’d allowed ourselves to be stitched up royally by ignoring these estimates, thinking the bills couldn’t be very far away from reality. Of course, this tale has nothing to do with the stock market, nor April Fools day, other than to illustrate things can become clearer by taking a hard look at them.

Alas, for the UK stock market, this is not proving to be the case!

 

The FTSE closed Thursday at 7533 points. We suspect the market requires above 7575 to escape the prospect of some near term reversals.

Currently, below just 7515 points looks capable of triggering reversal to an initial 7437 points. Should this level break, our secondary calculates at an odd 7347 points and a hopeful bounce. The juxtaposition of target numbers wasn’t an accident, nor was it contrived. Until now, we’d been suspecting short positions to underperform but, as the chart shows, the UK index has now broken below its immediate uptrend, so we can only suspect the worst. Unfortunately, the tightest stop of 7575 reflects with potential

 

However, if we reflect on a potential gain scenario, a quite different picture emerges as above 7575 (okay, we prefer Thursdays high of 7596 points), the UK market shall be viewed as heading to an initial 7620 points with secondary, if exceeded, a more interesting longer term 7732 points. This secondary is a really big deal, once again dumping the UK in a zone which threatens future growth toward the 8100 point level.

Have a good weekend, enjoy playing in the snow, and ponder the question, why do chocolate Easter eggs no longer have chocolate goodies inside them?

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:29:04PM	FTSE	7500	7481	7471		7529	7594	7614		7549	‘cess
9:30:50PM	BRENT	105.2	103.92	102.895		107	108.71	109.86		105.25	‘cess
9:32:25PM	GOLD	1937.64	1919	1917		1927	1950	1956		1937	‘cess
9:46:54PM	FRANCE	6623	6617	6590		6656	6725	6743		6695	Success
9:54:45PM	GERMANY	14375	14314	14220		14450	14502	14540		14388
9:57:15PM	US500	4547.04	4531	4517		4551	4563	4570		4544	Success
9:59:58PM	DOW	34796.8	34693	34594		34813	34944	35022		34839	Success
10:02:34PM	NASDAQ	14918.12	14852	14807		14958	14972	15011		14952	Success
10:04:24PM	JAPAN	27558	27510	27464		27722	27916	27990		27741	Shambles

 

31/03/2022 FTSE Closed at 7515 points. Change of -0.83%. Total value traded through LSE was: £ 6,501,691,261 a change of -12.58%

30/03/2022 FTSE Closed at 7578 points. Change of 0.54%. Total value traded through LSE was: £ 7,437,044,011 a change of -7.97%

29/03/2022 FTSE Closed at 7537 points. Change of 0.86%. Total value traded through LSE was: £ 8,081,315,259 a change of 39.66%

28/03/2022 FTSE Closed at 7473 points. Change of -0.13%. Total value traded through LSE was: £ 5,786,403,389 a change of -6.97%

25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%

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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:FOXT Foxtons** **LSE:IGAS Igas Energy** **LSE:NG. National Glib** **LSE:RMG Royal Mail** **LSE:SCLP Scancell** **LSE:TRN The Trainline** **

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Updated charts published on : Avacta, Astrazeneca, Foxtons, Igas Energy, National Glib, Royal Mail, Scancell, The Trainline,

LSE:AVCT Avacta. Close Mid-Price: 74 Percentage Change: + 4.96% Day High: 79 Day Low: 71

Further movement against Avacta ABOVE 79 should improve acceleration towa ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10132 Percentage Change: -0.28% Day High: 10262 Day Low: 10134

All Astrazeneca needs are mid-price trades ABOVE 10262 to improve acceler ……..

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LSE:FOXT Foxtons. Close Mid-Price: 43 Percentage Change: + 4.62% Day High: 43.55 Day Low: 40.45

Continued trades against FOXT with a mid-price ABOVE 43.55 should improve ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 36 Percentage Change: + 25.87% Day High: 39 Day Low: 26.6

All Igas Energy needs are mid-price trades ABOVE 39 to improve accelerati ……..

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LSE:NG. National Glib. Close Mid-Price: 1172.4 Percentage Change: + 0.43% Day High: 1179.6 Day Low: 1165.6

Continued trades against NG. with a mid-price ABOVE 1179.6 should improve ……..

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LSE:RMG Royal Mail Close Mid-Price: 329 Percentage Change: -4.78% Day High: 349.7 Day Low: 327.2

Continued weakness against RMG taking the price below 327.2 calculates as ……..

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LSE:SCLP Scancell Close Mid-Price: 10.62 Percentage Change: -4.49% Day High: 11.12 Day Low: 10.62

Continued weakness against SCLP taking the price below 10.62 calculates a ……..

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LSE:TRN The Trainline. Close Mid-Price: 250 Percentage Change: + 26.14% Day High: 250.8 Day Low: 220

Continued trades against TRN with a mid-price ABOVE 250.8 should improve ……..

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

#CAC40 #SP500

Now politicians throughout Europe have finally ceased pandering to baseless media stories regarding their vaccine, hopefully the company share price shall continue to show improvement. From a personal standpoint, the initial jags from AZN.L proved truly impressive, causing a measurable improvement in the immune system.

For instance, days before receiving the initial doze, a full blood workup in hospital revealed a Platelet count of 48. This is a bad thing, at risk of internal bleeding but worse, even shaving left my face looking like a victim of a slasher attack until all the tiny, invisible, wounds healed. In addition, waking up to discover the bedding had transformed into a Turin Shroud knock-off, was a little frightening. This particular state of affairs had been going on for months, thanks to a particular chemotherapy regime. But the first Covid-19 vaccine administered was from Astrazeneca and again, days later at the hospital, my bloodwork revealed an astounding change. The Platelet count had almost doubled, bedding was no longer covered in blood, and shaving returned to being a morning chore. There was slight slippage in the platelet count over the next few months but it returned to the high 80’s following the 2nd Astrazeneca shot.

For me, anyway, I was sold on possible benefits as there was literal proof it improved whatever was going on inside my body. As an added bonus, I didn’t catch Covid-19 though perhaps this was equally related to the utter paranoia of a cancer patient going through treatment. Plus, what folk in cities called “Lockdown”, here in Argyll we called it Tuesday, thanks to the benefit of low population density.

 

The foregoing probably reveals a bias in favour of Astrazeneca products but the bias has not caused the encouraging position of the company share price.

Back in 2020, flushed with success at being first to the market, AZM share price experienced a spike to 10,120p. As the chart shows, the months following paid for this optimism, politicians throughout Europe actively sabotaging the companies efforts while hoping their national manufacturers could catch up. All things considered, the entire affair was messy. Recent comments on a BBC documentary suggested “bad behaviour from scientists and from politicians has probably killed hundreds of thousands of people – and that they cannot be proud of that...” The AZN vaccine was cheaper, easier to distribute, and again from a personal viewpoint, effective.

 

Closing Wednesday 30th at 10,160p, the share price now is confirmed in strong territory for the longer term. Even from an immediate perspective, at calculates with movement above 10,165 potentially triggering a nod in the direction of 10,846 next. We’ve a bunch of separate formula promoting this as a target level and generally, when this happens, confidence is fairly high.

Our longer term secondary target is slightly confusing as it demands the price close a session above 10,846p to become “real”.  Apparently above 10,846p could produce ongoing travel toward 11,906p, perhaps even 12,608p. This massive difference in target ambitions can be laid squarely at the feet of July 20th, 2020 and the brief spike to 10,120p.

To experience trouble, the share price value needs retreat below 9,300p, such a movement threatening reversal to 8,500p initially with secondary, if broken, down at 7,098 and hopefully another bounce and another go at the future. Hopefully UK politicians don’t try and assist the company, there being no doubt the jingoistic “British Vaccine with a Union Flag” stance actively harmed European distribution potentials, especially with all the Brexit furore in the prior year.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:35:47PM	GOLD	1933.31									‘cess
10:37:13PM	BRENT	110.74
10:39:21PM	FTSE	7562.69
10:41:19PM	FRANCE	6732.8	6701	6678	6627	6741	6779	6791	6821	6721
10:43:26PM	GERMANY	14611
10:45:20PM	US500	4607.97	4581	4571	4549	4611	4633	4651	4675	4607
10:47:07PM	DOW	35238.5
10:48:48PM	NASDAQ	15108
10:51:12PM	JAPAN	27779									Success

30/03/2022 FTSE Closed at 7578 points. Change of 0.54%. Total value traded through LSE was: £ 7,437,044,011 a change of -7.97%

29/03/2022 FTSE Closed at 7537 points. Change of 0.86%. Total value traded through LSE was: £ 8,081,315,259 a change of 39.66%

28/03/2022 FTSE Closed at 7473 points. Change of -0.13%. Total value traded through LSE was: £ 5,786,403,389 a change of -6.97%

25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%

22/03/2022 FTSE Closed at 7476 points. Change of 0.46%. Total value traded through LSE was: £ 6,769,927,193 a change of 15.91%

 

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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:QFI Quadrise** **

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Updated charts published on : Aston Martin, Avacta, Astrazeneca, British Telecom, Firstgroup, Foxtons, Genel, Gulf Keystone, Primary Health, Petrop etc, Polymetal, Quadrise,

LSE:AML Aston Martin Close Mid-Price: 1023.5 Percentage Change: -0.58% Day High: 1041 Day Low: 999

In the event of Aston Martin enjoying further trades beyond 1041, the sha ……..

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LSE:AVCT Avacta. Close Mid-Price: 70.5 Percentage Change: + 28.18% Day High: 76.5 Day Low: 55

Target met. All Avacta needs are mid-price trades ABOVE 76.5 to improve a ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10160 Percentage Change: + 1.13% Day High: 10164 Day Low: 9977

In the event of Astrazeneca enjoying further trades beyond 10164, the sha ……..

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LSE:BT.A British Telecom Close Mid-Price: 187.3 Percentage Change: -0.79% Day High: 190.45 Day Low: 185.55

All British Telecom needs are mid-price trades ABOVE 190.45 to improve ac ……..

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LSE:FGP Firstgroup. Close Mid-Price: 113.1 Percentage Change: + 0.98% Day High: 114.9 Day Low: 108

Continued trades against FGP with a mid-price ABOVE 114.9 should improve ……..

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LSE:FOXT Foxtons. Close Mid-Price: 41.1 Percentage Change: + 0.24% Day High: 41.35 Day Low: 39.6

Further movement against Foxtons ABOVE 41.35 should improve acceleration ……..

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LSE:GENL Genel. Close Mid-Price: 187.2 Percentage Change: + 8.33% Day High: 191 Day Low: 175

Target met. Continued trades against GENL with a mid-price ABOVE 191 shou ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 259 Percentage Change: + 12.85% Day High: 261 Day Low: 238.5

Target met. In the event of Gulf Keystone enjoying further trades beyond ……..

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LSE:PHP Primary Health. Close Mid-Price: 150.4 Percentage Change: + 0.20% Day High: 150.9 Day Low: 148.9

Target met. Continued trades against PHP with a mid-price ABOVE 150.9 sho ……..

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LSE:POG Petrop etc Close Mid-Price: 4.2 Percentage Change: -15.66% Day High: 5.5 Day Low: 3.5

Target met. In the event of Petrop etc enjoying further trades beyond 5.5 ……..

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LSE:POLY Polymetal Close Mid-Price: 305.3 Percentage Change: -9.94% Day High: 404.3 Day Low: 305

Target met. Further movement against Polymetal ABOVE 404.3 should improve ……..

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LSE:QFI Quadrise Close Mid-Price: 1.49 Percentage Change: -6.87% Day High: 1.54 Day Low: 1.4

Target met. If Quadrise experiences continued weakness below 1.4, it will ……..

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

#FTSE #NK225

The national airline of Canada, probably still suffers from the draconian dictatorship of Trudeau. His fixed smile, while receiving a verbal pounding in the European parliament was a joy to behold. But it begged the question, why did other countries not follow suit? It made sense not to allow folk on planes, trains, or boats without proof of vaccine as the aim was to stop the spread of Covid.

The UK, on the other hand, was quite happy to permit the germ to spread to each of the home nations with no inhibition on travel. Even now, British Airways have declared pandemic regulations are a thing of the past, while Canada remains robust in its requirement, keeping people from travelling if they cannot provide proof of vaccination. While some of the Canadian PM’s tactics remain extremely questionable (freezing bank accounts, calling out the military, impounding vehicles), there can be no doubt his efforts, despite making communist China look like beginners, were intended to protect the country. Meanwhile, the UK Prime Minister is the recipient of 20 Police Fines for parties during lockdown.

Even from April 1st and a much publicised alteration in demands, slight changes in Canadian requirements look unlikely to provoke a surge in bookings for Air Canada as proof of vaccine is still required before crossing into the country.

 

However, in our trawl of Most Active shares outside the UK, the Toronto stock exchange revealed Air Canada as becoming popular. At time of writing, the share is trading around $24.5CAD and also started this week with an interesting price movement. At the open on Monday 29th March, the share was gapped up above the downtrend which commenced pre-pandemic. Hopefully this little nudge in the right direction proves viable as it opens the door for an uphill cycle to commence to 37 next with secondary, if exceeded, a long term $45CAD. We’re currently showing a near term threat of some hesitation at the 29 level, suspecting this shall prove fleeting if the pandemic continues to retreat into the dark realms of memory.

For everything to go horribly wrong, Air Canada needs below 20. Weakness such as this will threaten reversal to 14.5 with secondary, if broken, down at 10 and hopefully a bottom capable of a real bounce.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:28:33PM	BRENT	108.56									‘cess
9:36:14PM	GOLD	1919.14									Success
9:37:54PM	FTSE	7556.8	7503	7477	7441	7526	7585	7601	7622	7550	Success
9:39:41PM	FRANCE	6814.5									Success
9:41:38PM	GERMANY	14838.5									Success
9:44:29PM	US500	4630.23									‘cess
9:46:21PM	DOW	35285.7									Success
9:49:28PM	NASDAQ	15231.22									Success
9:51:52PM	JAPAN	28509	28260	28120	27949	28393	28633	28731	28864	28352	Success

 

29/03/2022 FTSE Closed at 7537 points. Change of 0.86%. Total value traded through LSE was: £ 8,081,315,259 a change of 39.66%

28/03/2022 FTSE Closed at 7473 points. Change of -0.13%. Total value traded through LSE was: £ 5,786,403,389 a change of -6.97%

25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%

22/03/2022 FTSE Closed at 7476 points. Change of 0.46%. Total value traded through LSE was: £ 6,769,927,193 a change of 15.91%

21/03/2022 FTSE Closed at 7442 points. Change of 0.51%. Total value traded through LSE was: £ 5,840,589,175 a change of -56.99%

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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:SRP Serco** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **

********

Updated charts published on : Aston Martin, Aviva, Astrazeneca, MAN, Experian, Intercontinental Hotels Group, Intertek, Just Eat, Petrop etc, Polymetal, Serco, Tesco, VICTORIA,

LSE:AML Aston Martin. Close Mid-Price: 1029.5 Percentage Change: + 10.68% Day High: 1031 Day Low: 907.4

Target met. Further movement against Aston Martin ABOVE 1031 should impro ……..

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View Previous Aston Martin & Big Picture ***

LSE:AV. Aviva. Close Mid-Price: 458.2 Percentage Change: + 2.62% Day High: 461 Day Low: 448.6

In the event of Aviva enjoying further trades beyond 461, the share shoul ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10046 Percentage Change: + 1.54% Day High: 10098 Day Low: 9923

Further movement against Astrazeneca ABOVE 10098 should improve accelerat ……..

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LSE:EMG MAN. Close Mid-Price: 236.3 Percentage Change: + 4.65% Day High: 237 Day Low: 230

Target met. In the event of MAN enjoying further trades beyond 237, the s ……..

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LSE:EXPN Experian. Close Mid-Price: 3068 Percentage Change: + 1.52% Day High: 3147 Day Low: 3041

Target met. All Experian needs are mid-price trades ABOVE 3147 to improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5338 Percentage Change: + 2.14% Day High: 5350 Day Low: 5248

Continued trades against IHG with a mid-price ABOVE 5376 should improve t ……..

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LSE:ITRK Intertek. Close Mid-Price: 5306 Percentage Change: + 3.84% Day High: 5358 Day Low: 5144

All Intertek needs are mid-price trades ABOVE 5358 to improve acceleratio ……..

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LSE:JET Just Eat. Close Mid-Price: 2781.5 Percentage Change: + 5.68% Day High: 2838.5 Day Low: 2718

Target met. Continued trades against JET with a mid-price ABOVE 2840 shou ……..

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LSE:POG Petrop etc. Close Mid-Price: 4.98 Percentage Change: + 66.00% Day High: 4.95 Day Low: 2.9

Target met. Further movement against Petrop etc ABOVE 4.95 should improve ……..

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LSE:POLY Polymetal. Close Mid-Price: 339 Percentage Change: + 39.51% Day High: 341 Day Low: 281.1

Target met. In the event of Polymetal enjoying further trades beyond 341, ……..

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LSE:SRP Serco. Close Mid-Price: 145.9 Percentage Change: + 0.62% Day High: 147.8 Day Low: 144.8

All Serco needs are mid-price trades ABOVE 147.8 to improve acceleration ……..

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LSE:TSCO Tesco. Close Mid-Price: 280.25 Percentage Change: + 0.00% Day High: 283.25 Day Low: 278.9

Further movement against Tesco ABOVE 283.25 should improve acceleration t ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.85 Percentage Change: -3.75% Day High: 4 Day Low: 3.85

Weakness on VICTORIA below 3.85 will invariably lead to 3p with secondary ……..

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

#Gold ~Nasdaq

Every now and then, a company name invokes a vivid memory. #Deepverge is one such, unearthing a long forgotten event. The problem started with the Vauxhall factory rally team, lending our family firm a prize winning car for the place of honour at a motor show. The vehicle came with all the usual caveats, it couldn’t be driven on public roads, must remain spotless, etc etc. A comedy of family dominoes ensured a schoolkid, who looked exactly like me, was tasked with winching it onto a trailer and towing it 120 miles on the A82 to an event in Fort William.

 

If your family background is “motor trade”, you’ve probably been driving since your feet could reach the pedals, so this particular idiot with his brand new driving licence was perfectly capable for the task. In any case, it was summer and final exams had finished, so being at a loose end was almost a crime.

The problem was the trailer. Turning up at the storage yard at 7am, there was a noticeable gap where the trailer should be. Some digging revealed a surprise, the workshop manager had taken it to retrieve a 4WD from an important client in Aberdeenshire. I was not licensed to drive a heavier commercial vehicle which could have taken the rally car. It was time to start waking people up, all of whom were already at Fort William. Several threats later, now tasked with driving the rally car to the event, I locked the storage compound gates, enjoying the quiet roads out of Glasgow. The car, a Vauxhall Chevette 2.3 I think, was noisy, rattled, and only came into its own at higher revs and higher speeds. Back then, at the top of Loch Lomond, there was a notorious 8 mile stretch of road, often flooded, narrow, and impossible to pass on so I entertained myself behind a slow moving bus, goosing the throttle, slowing down, the whole boy racer thing. The occasion was ably assisted by the fact I was actually in a racing car. The awful Loch Lomond stretch ended with a set of ‘temporary traffic lights’ which already had been in place for nearly 20 years. The bus, now decorated with a bunch of girls, obviously completely in awe of me, waving out the rear window, pulled through the final slow section, eased passed the usual queue of vehicles on the other side of the lights, and entered an uphill straight, well known as a key area to pass traffic. I pulled out, buried the accelerator, and promptly spun, eventually propelled down a deep verge into a muddy gully. The view over Loch Lomond was quite pretty.

After ensuring I’d spun the wheels sufficiently to really dig myself in, Lady Luck smiled on me. A heavy vehicle pulled up to offer to drag me out. Aside from quite a lot of damage to the front spotlights, the car was fine, the final leg of the drive completed by 11am. Unfortunately, the ‘Award Winning Rally Car’ now looked like it had just completed a stage in the mud but the sales folk decided this was a good thing, proving the car was the real deal. Me, I was sent home by train and told exactly who would be cleaning the machine and repairing the damage. We got away with it, Vauxhall failing to ‘rumble’ the car had been quite active.

 

As for Deepverge share price,  we’re a little concerned by movements this year. There was a pretty convincing argument favouring a plunge for this fascinating company to a bottom around 12.75p. The share price was supposed to hit this level and provide a convincing bounce. With utter conviction, on March 8th, the price closed a session at 12.5p, marginally below our Big Picture drop target and quite spitefully, creating a situation where ultimate bottom now resides at 8p. We effectively cannot calculate any serious target below the 8p level.

There’s now the situation where the price requires above 14.7p to hint at the first box being ticked in a surprise recovery. Such a triggering movement looks capable of attempting an initial 15.8p with secondary, if bettered, at 20.7p and a challenge of the immediate Blue downtrend. Our nerves come from the fact the share price has now repeatedly explored below our previous ultimate bottom target of 12.75p and visually, is attempting to pretend there’s a glass floor at 12p. We’ve no immediate calculations to assure us this glass floor level shall prove real and thus, it may prove worthwhile keeping an eye in case Deepverge drive into a verge with a bottom now at 8p, hopefully a level which causes a bounce.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:47:28PM	BRENT	106.86									Success
9:49:19PM	GOLD	1922	1916	1913	1902	1933	1946	1952	1964	1930	Success
9:51:28PM	FTSE	7500.26									‘cess
9:53:50PM	FRANCE	6642.3									Success
9:56:18PM	GERMANY	14547									Success
9:59:18PM	US500	4578									‘cess
10:01:22PM	DOW	34961									Shambles
10:03:30PM	NASDAQ	14984	14659	14561	14417	14777	14993	15014	15119	14830	Success
10:05:20PM	JAPAN	28191

 

28/03/2022 FTSE Closed at 7473 points. Change of -0.13%. Total value traded through LSE was: £ 5,786,403,389 a change of -6.97%

25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%

22/03/2022 FTSE Closed at 7476 points. Change of 0.46%. Total value traded through LSE was: £ 6,769,927,193 a change of 15.91%

21/03/2022 FTSE Closed at 7442 points. Change of 0.51%. Total value traded through LSE was: £ 5,840,589,175 a change of -56.99%

18/03/2022 FTSE Closed at 7404 points. Change of 0.26%. Total value traded through LSE was: £ 13,580,954,595 a change of 97.5%

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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:FGP Firstgroup** **LSE:GENL Genel** **LSE:JET Just Eat** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:SRP Serco** **LSE:TSCO Tesco** **

********

Updated charts published on : Aviva, Astrazeneca, British Telecom, Firstgroup, Genel, Just Eat, Petrop etc, Polymetal, Serco, Tesco,

LSE:AV. Aviva. Close Mid-Price: 446.5 Percentage Change: + 1.99% Day High: 453.8 Day Low: 440.2

Target met. Further movement against Aviva ABOVE 453.8 should improve acc ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 9894 Percentage Change: + 0.52% Day High: 9998 Day Low: 9840

Continued trades against AZN with a mid-price ABOVE 9998 should improve t ……..

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LSE:BT.A British Telecom. Close Mid-Price: 187 Percentage Change: + 0.65% Day High: 187.95 Day Low: 185.8

In the event of British Telecom enjoying further trades beyond 187.95, th ……..

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LSE:FGP Firstgroup. Close Mid-Price: 109.5 Percentage Change: + 2.05% Day High: 112 Day Low: 108.1

All Firstgroup needs are mid-price trades ABOVE 112 to improve accelerati ……..

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LSE:GENL Genel Close Mid-Price: 178.4 Percentage Change: -1.55% Day High: 185.2 Day Low: 177.6

Target met. In the event of Genel enjoying further trades beyond 185.2, t ……..

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LSE:JET Just Eat. Close Mid-Price: 2632 Percentage Change: + 2.95% Day High: 2734 Day Low: 2516.5

Near term, above 2734 calculates with the potential of a lift to 2839p. If ……..

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LSE:POG Petrop etc. Close Mid-Price: 3 Percentage Change: + ##.##% Day High: 3 Day Low: 1.46

All Petrop etc needs are mid-price trades ABOVE 3 to improve acceleration ……..

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LSE:POLY Polymetal. Close Mid-Price: 243 Percentage Change: + 38.07% Day High: 261.2 Day Low: 192.7

Target met. Continued trades against POLY with a mid-price ABOVE 261.2 sh ……..

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LSE:SRP Serco. Close Mid-Price: 145 Percentage Change: + 2.11% Day High: 146 Day Low: 141.7

In the event of Serco enjoying further trades beyond 146, the share shoul ……..

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LSE:TSCO Tesco. Close Mid-Price: 280.25 Percentage Change: + 1.63% Day High: 281.75 Day Low: 276.45

All Tesco needs are mid-price trades ABOVE 281.75 to improve acceleration ……..

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

#Brent #Dax

Perhaps it will prove silly attempting to use a UK retail bank to gauge how things are going in the world but Natwest is currently offering itself as a remarkable barometer! When we reviewed the share three weeks ago, it hit our initial reversal target of 191p but critically, failed to close below this level. There’s a fair chance this suggestion of strength shall prove a big deal.

 

We often bang on about how important it can be for a price to exceed a level of “trend break”, effectively broadcasting the previous trend can no longer be relied upon and instead, suggesting a new trend has commenced. Natwest is on the edge of such a momentous occasion, requiring above 231p to give the first glimmer of hope for a future. Apparently this risks triggering a movement to an initial 236p with our longer term secondary, if bettered, coming along at 260p. In an ideal world, we would demand the share actually close a session above 231p before investing in a party popper, especially as the secondary of 260p has the potential to be seriously important for the longer term.

The chart below shows, relatively clearly, the reason for our (vague) optimism. By achieving the 260p ambition, this would take the banks share price above its highest level of 2022, also giving the share price a chance to close a session around the level which defined the long term downtrend (Blue) from as far back as 2007. Price moves such as this will tend make a Big Picture potential for a future at 332p a viable hope.

Obviously, all that’s needed will be for Covid to remain invisible, the Russia situation to resolve itself, and the FTSE itself to start behaving with some integrity.

 

To justify panic, Natwest now needs trade below 191p, movement such as this calculating with a reversal potential to an initial 155p with secondary, if broken, at an eventual bottom (hopefully) down at 125p.

 

Finally, a long awaited cartilage operation means a plan to return to skiing can be made, unfortunately after a recovery delay of around 6 months. It will certainly be interesting, returning to the slopes without the ever present threat of a guilty left knee collapsing, provoking amusing one legged emergency stops in the most inconvenient places while in utter agony. This is doubly annoying, thanks to snow being forecast locally for the coming week. Today though, it was 18c here in Argyll.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
6:11:39PM	BRENT	117.07	112.3	110.67	107.36	116.2	118.1	118.9	121.1	116	Shambles
6:14:19PM	GOLD	1958.45
6:17:13PM	FTSE	7510
6:19:50PM	FRANCE	6593									‘cess
9:35:12PM	GERMANY	14389	14243	14183	14100	14350	14432	14468	14561	14304	Shambles
9:37:27PM	US500	4542.64									‘cess
9:39:22PM	DOW	34858									Success
9:41:20PM	NASDAQ	14752.2									‘cess
9:42:56PM	JAPAN	28232

25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%

22/03/2022 FTSE Closed at 7476 points. Change of 0.46%. Total value traded through LSE was: £ 6,769,927,193 a change of 15.91%

21/03/2022 FTSE Closed at 7442 points. Change of 0.51%. Total value traded through LSE was: £ 5,840,589,175 a change of -56.99%

18/03/2022 FTSE Closed at 7404 points. Change of 0.26%. Total value traded through LSE was: £ 13,580,954,595 a change of 97.5%

17/03/2022 FTSE Closed at 7385 points. Change of 1.29%. Total value traded through LSE was: £ 6,876,379,438 a change of -21.82%

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:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BDEV Barrett Devs** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:PHP Primary Health** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **

********

Updated charts published on : AFC Energy, Astrazeneca, Barrett Devs, Centrica, ECO (Atlantic) O & G, Empyrean, Genel, Gulf Keystone, Primary Health, Polymetal, Rolls Royce, Serco,

LSE:AFC AFC Energy Close Mid-Price: 39.75 Percentage Change: -0.62% Day High: 41.4 Day Low: 39.3

Further movement against AFC Energy ABOVE 41.4 should improve acceleratio ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 9843 Percentage Change: + 0.07% Day High: 9934 Day Low: 9797

Target met. All Astrazeneca needs are mid-price trades ABOVE 9934 to impr ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 509.6 Percentage Change: -3.04% Day High: 524.8 Day Low: 504.6

Continued weakness against BDEV taking the price below 504.6 calculates a ……..

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LSE:CNA Centrica. Close Mid-Price: 84.5 Percentage Change: + 2.90% Day High: 84.78 Day Low: 82.04

In the event of Centrica enjoying further trades beyond 84.78, the share ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 40 Percentage Change: + 1.27% Day High: 42.5 Day Low: 39.25

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 42. ……..

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LSE:EME Empyrean. Close Mid-Price: 11 Percentage Change: + 4.02% Day High: 12.05 Day Low: 10.8

Target met. In the event of Empyrean enjoying further trades beyond 12.05 ……..

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LSE:GENL Genel. Close Mid-Price: 181.2 Percentage Change: + 1.23% Day High: 184.2 Day Low: 172.4

Target met. Further movement against Genel ABOVE 184.2 should improve acc ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 245.5 Percentage Change: + 1.87% Day High: 246.5 Day Low: 232.5

Continued trades against GKP with a mid-price ABOVE 246.5 should improve ……..

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LSE:PHP Primary Health. Close Mid-Price: 149 Percentage Change: + 1.98% Day High: 149.2 Day Low: 146.3

In the event of Primary Health enjoying further trades beyond 149.2, the ……..

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LSE:POLY Polymetal. Close Mid-Price: 176 Percentage Change: + 6.02% Day High: 187.7 Day Low: 165

All Polymetal needs are mid-price trades ABOVE 187.7 to improve accelerat ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 110.14 Percentage Change: + 19.33% Day High: 111 Day Low: 91.06

Target met. Continued trades against RR. with a mid-price ABOVE 111 shoul ……..

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LSE:SRP Serco. Close Mid-Price: 142 Percentage Change: + 1.57% Day High: 142.5 Day Low: 136.8

Further movement against Serco ABOVE 142.5 should improve acceleration to ……..

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

#Gold #DOW

The market is now in a very strange situation, one where a long position may prove fascinating. Or extremely painful! It has now been a month since the Ukraine thing kicked off and were we completely gullible, we’d now be proposing the FTSE intends recovery toward 7,720 next. After all, as the chart highlights, the index has recovered to the pre-Russia level.

This, we suspect, is where a glass ceiling shall come into play, if only due to realisation the issue has not gone away.

The day before Russia invaded, the  FTSE had a high of 7,550 points. To be stubborn, only market closure above this level will convince us a return to normality can be scheduled, perhaps because everyone has made friends again. Instead, we suspect we’re looking at a phoney recovery, possibly fuelled by a complete lack of knowledge as to what is actually going on. Painfully obvious propaganda from both sides is tending to cloud any attempt to discover reality and while this should be expected in any conflict, market movements, certainly from a day to day perspective, feel the opposite of trustworthy. It’s possible the stunning recovery from the 6,800 point level on March 7th shall prove completely erroneous, an amazing 700 point rise in just 14 sessions risking becoming a fond memory very quickly, if anything goes seriously wrong in Europe.

With the market flirting coquettishly at the level before everything hit the fan, we’d be reticent in advocating any sort of long position at present. Clearly, the market has recovered but so far, has failed to exceed the high achieved prior to this mess.

As for our popular FTSE for Friday, we’re going to start with a potential short scenario. However, it must be remembered the market is currently hovering at a hesitation level, a point in time where both Long and Short positions are liable to fizzle out around our initial target levels.

Near term, below 7453 should apparently promote reversal to a rather tame 7428 points. If broken, our secondary calculates at 7397 points. Visually, our initial target does make some sense, running into an imaginary Red uptrend since the low earlier this month. We’re not convinced about our secondary, if only due to it taking the index into a zone with a longer term attraction down at 7335 points.

 

Our Long position scenario is slightly less vague, suggesting movements next above 7492 should make an attempt at an initial 7507 points. If exceeded, our secondary calculates at 7524 points. Both ambitions keep the index toddling around the glass ceiling level, something we shall not concede is broken until such time the FTSE closes above the high, the day before Russia did its thing.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:20:34PM	BRENT	115.25	114.22	112.98		117.64	120.51	122.695	125.52		‘cess
9:23:27PM	GOLD	1958	1936	1928		1950	1968	1975	1986		‘cess
9:25:13PM	FTSE	7479.1	7448	7433		7475	7494	7516	7547
9:27:20PM	FRANCE	6585	6537	6495		6587	6601	6616	6642		‘cess
9:28:59PM	GERMANY	14341	14183	14122		14290	14385	14451	14541		Shambles
9:35:11PM	US500	4525	4462	4442		4502	4526	4529	4551		‘cess
9:37:31PM	DOW	34741	34325	34196		34478	34768	34784	34911		‘cess
9:40:34PM	NASDAQ	14768	14440	14299		14560	14769	14810	14936		‘cess
9:43:40PM	JAPAN	28332	27930	27826		28043	28360	28444	28561		Success

 

24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%

23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%

22/03/2022 FTSE Closed at 7476 points. Change of 0.46%. Total value traded through LSE was: £ 6,769,927,193 a change of 15.91%

21/03/2022 FTSE Closed at 7442 points. Change of 0.51%. Total value traded through LSE was: £ 5,840,589,175 a change of -56.99%

18/03/2022 FTSE Closed at 7404 points. Change of 0.26%. Total value traded through LSE was: £ 13,580,954,595 a change of 97.5%

17/03/2022 FTSE Closed at 7385 points. Change of 1.29%. Total value traded through LSE was: £ 6,876,379,438 a change of -21.82%

16/03/2022 FTSE Closed at 7291 points. Change of 1.69%. Total value traded through LSE was: £ 8,795,974,053 a change of 28.56%

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:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:POLY Polymetal** **LSE:SRP Serco** **

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Updated charts published on : Astrazeneca, BP PLC, British Telecom, ECO (Atlantic) O & G, Empyrean, Genel, Polymetal, Serco,

LSE:AZN Astrazeneca. Close Mid-Price: 9836 Percentage Change: + 1.09% Day High: 9859 Day Low: 9692

In the event of Astrazeneca enjoying further trades beyond 9859, the shar ……..

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LSE:BP. BP PLC. Close Mid-Price: 389.2 Percentage Change: + 0.34% Day High: 394 Day Low: 386.3

All BP PLC needs are mid-price trades ABOVE 394 to improve acceleration t ……..

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LSE:BT.A British Telecom. Close Mid-Price: 184.75 Percentage Change: + 1.54% Day High: 186.45 Day Low: 181.55

Further movement against British Telecom ABOVE 186.45 should improve acce ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 39.5 Percentage Change: + 6.76% Day High: 39.5 Day Low: 36.75

In the event of ECO (Atlantic) O & G enjoying further trades beyond 39.5, ……..

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LSE:EME Empyrean. Close Mid-Price: 10.57 Percentage Change: + 1.68% Day High: 11.3 Day Low: 10.45

Continued trades against EME with a mid-price ABOVE 11.3 should improve t ……..

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LSE:GENL Genel. Close Mid-Price: 179 Percentage Change: + 4.07% Day High: 179.4 Day Low: 170.8

All Genel needs are mid-price trades ABOVE 179.4 to improve acceleration ……..

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LSE:POLY Polymetal. Close Mid-Price: 166 Percentage Change: + 20.73% Day High: 184.05 Day Low: 140

There is a slight chance this may be about to do something interesting. Ab ……..

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LSE:SRP Serco. Close Mid-Price: 139.8 Percentage Change: + 0.36% Day High: 140.8 Day Low: 137.4

Continued trades against SRP with a mid-price ABOVE 140.8 should improve ……..

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