Final FTSE for Friday of 2021

Thursday, the last full day on the markets before New Year dawns, managed to pass virtually un-noticed. We shouldn’t really have been surprised thanks to volumes being lower than public expectations of politicians. The media appear to be enjoying a feeding frenzy, telling anyone who’ll listen Covid-19 cases are at record numbers, but thankfully the stock market appears to be taking a sceptical stance.

Obviously, we hope the situation continues but the harsh reality is of a market requiring above 7459 to trigger some useful recovery, now pointing at the potential of movement to an initial 7554 points with secondary, if bettered, recalculating at 7634 points.

If everything intends go wrong, below 7380 looks slightly troublesome, allowing weakness to an initial 7358 points with secondary, if broken, now working out at 7286 points. Such movement obviously risks undoing the recent upward trend break, effectively parking the index until such time the state of the nations health becomes clear.

 

This time of year is always fascinating, many pundits giving tips for shares and markets to watch next year. Scanning the US financial press currently reveals a bias toward coming growth in the financial sector and, somewhat humorously, the UK financial sector is mentioned as “one to watch” as it’s been underperforming for years. Who knows, maybe 2022 shall prove to be the year this prediction actually comes to fruition?

For now, our best wishes for the coming year. We’re not inclined to throwing “tips” at readers but do suspect, quite strongly, the travel industry and its associated components in aviation shall be one capable of disproportionate movements, should a belief in Covid-19 retreating gain credence. Shares such as Rolls Royce, IAG, even Easyjet, should accelerate pretty fast if things ever start to return to whatever passes as normal.

Hopefully Google celebrate the final Friday of 2021 by producing some really fascinating adverts for this page. We enjoy the coffee each visit buys.

Have a great New Year and long may ‘yer lum reek.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:27:38PM BRENT 79.02 78.14 77.575 76.74 79.69 80.1 80.3 80.93 78.85
9:33:07PM GOLD 1817.31 1796 1789 1778 1804 1818 1821 1825 1810 Success
9:35:07PM FTSE 7395 7381 7363 7331 7418 7438 7452 7471 7402 ‘cess
9:38:00PM FRANCE 7167 7151 7146 7132 7178 7190 7199 7212 7172
9:40:13PM GERMANY 15860.99 15792 15757 15684 15885 15970 15997 16064 15858
9:47:28PM US500 4780.87 4776 4771 4759 4786 4807 4814 4828 4777
10:06:41PM DOW 36400 36368 36307 36179 36471 36599 36628 36715 36468
10:08:19PM NASDAQ 16433 16411 16389 16329 16496 16569 16618 16685 16452
10:12:44PM JAPAN 28872 28798 28756 28684 28916 28966 28978 29109 28901

 

30/12/2021 FTSE Closed at 7403 points. Change of -0.23%. Total value traded through LSE was: £ 2,306,886,388 a change of -39.99%
29/12/2021 FTSE Closed at 7420 points. Change of 0.64%. Total value traded through LSE was: £ 3,844,071,499 a change of 12.08%
23/12/2021 FTSE Closed at 7373 points. Change of 0.44%. Total value traded through LSE was: £ 3,429,761,214 a change of -22.36%
22/12/2021 FTSE Closed at 7341 points. Change of 0.6%. Total value traded through LSE was: £ 4,417,772,606 a change of -20.48%
21/12/2021 FTSE Closed at 7297 points. Change of -100%. Total value traded through LSE was: £ 5,555,401,277 a change of 0%
20/12/2021 FTSE Closed at 7198 points. Change of 0%. Total value traded through LSE was: £ 5,725,360,926 a change of 0%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BDEV Barrett Devs** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:OXIG Oxford Instruments** **LSE:PPC President Energy** **LSE:RKH Rockhopper** **

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Updated charts published on : Barrett Devs, Experian, IG Group, Oxford Instruments, President Energy, Rockhopper,

LSE:BDEV Barrett Devs Close Mid-Price: 745 Percentage Change: -0.56% Day High: 752.4 Day Low: 746.8

Further movement against Barrett Devs ABOVE 752.4 should improve accelera ……..

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LSE:EXPN Experian Close Mid-Price: 3634 Percentage Change: -0.90% Day High: 3689 Day Low: 3644

Continued trades against EXPN with a mid-price ABOVE 3689 should improve ……..

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LSE:IGG IG Group. Close Mid-Price: 819 Percentage Change: + 0.06% Day High: 823.5 Day Low: 816.5

Further movement against IG Group ABOVE 823.5 should improve acceleration ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2645 Percentage Change: -0.56% Day High: 2765 Day Low: 2620

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LSE:PPC President Energy Close Mid-Price: 2.02 Percentage Change: -19.00% Day High: 2.5 Day Low: 2.02

Below 2p now suggests weakness to an initial 1.75 with secondary, if broke ……..

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LSE:RKH Rockhopper Close Mid-Price: 7.75 Percentage Change: -0.90% Day High: 8.53 Day Low: 7.04

All Rockhopper needs are mid-price trades ABOVE 8.53 to improve accelerat ……..

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

Another Wonderful FTSE for Thursday

#FTSE #GOLD Despite us covering the FTSE, a more inspired title would be “Grand-daughters Revenge!”. Lucky enough to have a massive bath, our 8 & 10 y/old’s traditionally indulge with a huge bubble bath, the evening before returning to their cage in the zoo. Pouring such a deep bath takes some skill but this time around, the girls announced they were old enough to deal with it all by themselves. We shrugged and left them to it.

After 20 minutes or so, a child appeared to complain the water wasn’t getting deep and the bath wasn’t ready. After patiently explaining the need for a PLUG in the science of pouring a bath, neither girl was happy at being told it would be another hour before they could try again. Typically, this massive bath effectively requires 2 hot water tanks to fill and the children had just poured all the hot water down the plug-hole. Of course, in the ensuing blame game, it was all somehow my fault and worse, the bath is now also a mess of ‘bath bomb’ glitter clumps which refuse to wash away.

Festive grump aside, the FTSE looks capable of finishing the year in fairly useful territory as we head into the final full session. Already at a high, following the 2020 Covid plunge, the index need only exceed 7459 to suggest coming movement to 7484 points. If exceeded, our secondary calculates at an amazing (and less likely) level of 7558 points. Such an ambition matches, almost exactly, the pre-Covid-19 high of 7547 points in February 2020, and would provide a real cliff-hanger upon which to finish the year.

If things intend go wrong, the earliest indication feels like movement below 7385. Such a trigger risks promoting reversal to an initial 7332 with secondary, if broken, at 7291 points. However, as the inset on the chart highlights, the UK index has finally managed to close a session above Blue, a downtrend which dates back to the high of last year. This, we hope, shall prove significant and capable of kickstarting 2022.

Many thanks to the nice folk who keep us in coffee, just by finding fascinating adverts to visit on this page.

Our best wishes for 2022

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:52:21PM BRENT 79.2 78.11 77.34 76.44 79.13 80.1 80.38 81.62 78.9
10:53:44PM GOLD 1804.62 1794 1787 1776 1805 1808 1813 1821 1799
10:55:27PM FTSE 7423 7400 7387 7363 7438 7460 7485 7561 7400
10:56:51PM FRANCE 7167.8 7133 7125 7099 7164 7203 7218 7246 7160
10:58:37PM GERMANY 15860 15799 15760 15690 15907 15970 15982 16113 15833
11:00:38PM NASDAQ 16490.35 16391 16353 16249 16530 16572 16629 16709 16455
11:02:08PM DOW 36510 36375 36304 36212 36470 36579 36607 36705 36416
11:03:16PM US500 4792.87 4777 4767 4755 4790 4803 4810 4821 4790
11:05:16PM JAPAN 28847 28716 28618 28589 28853 28935 29001 29094 28794

 

29/12/2021 FTSE Closed at 7420 points. Change of 0.64%. Total value traded through LSE was: £ 3,844,071,499 a change of 12.08%
23/12/2021 FTSE Closed at 7373 points. Change of 0.44%. Total value traded through LSE was: £ 3,429,761,214 a change of -22.36%
22/12/2021 FTSE Closed at 7341 points. Change of 0.6%. Total value traded through LSE was: £ 4,417,772,606 a change of -20.48%
21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%
20/12/2021 FTSE Closed at 7198 points. Change of -100%. Total value traded through LSE was: £ 5,725,360,926 a change of 0%
17/12/2021 FTSE Closed at 7269 points. Change of 0%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aviva, BALFOUR BEATTY, Barrett Devs, Cellular Goods, Centrica, Darktrace Plc, Diageo, Experian, HSBC, IG Group, Lloyds Grp., National Glib, Royal Mail, Rolls Royce, Standard Chartered, Tesco, Taylor Wimpey,

LSE:AV. Aviva. Close Mid-Price: 413.7 Percentage Change: + 0.93% Day High: 416.5 Day Low: 411.8

Further movement against Aviva ABOVE 416.5 should improve acceleration to ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 266.6 Percentage Change: + 1.37% Day High: 268 Day Low: 263.2

All BALFOUR BEATTY needs are mid-price trades ABOVE 268 to improve accele ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 749.2 Percentage Change: + 1.44% Day High: 751.8 Day Low: 743.4

Continued trades against BDEV with a mid-price ABOVE 751.8 should improve ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 6.8 Percentage Change: + 8.80% Day High: 7.25 Day Low: 6.2

Further movement against Cellular Goods ABOVE 7.25 should improve acceler ……..

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LSE:CNA Centrica. Close Mid-Price: 71 Percentage Change: + 2.93% Day High: 71.06 Day Low: 69.26

In the event of Centrica enjoying further trades beyond 71.06, the share ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 415 Percentage Change: + 0.92% Day High: 441.6 Day Low: 414

All Darktrace Plc needs are mid-price trades ABOVE 441.6 to improve accel ……..

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LSE:DGE Diageo. Close Mid-Price: 4094.5 Percentage Change: + 1.98% Day High: 4097 Day Low: 4050.5

Target met. Continued trades against DGE with a mid-price ABOVE 4097 shou ……..

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LSE:EXPN Experian. Close Mid-Price: 3667 Percentage Change: + 2.66% Day High: 3680 Day Low: 3608

In the event of Experian enjoying further trades beyond 3680, the share s ……..

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LSE:HSBA HSBC. Close Mid-Price: 449.4 Percentage Change: + 0.38% Day High: 453 Day Low: 448.3

All HSBC needs are mid-price trades ABOVE 453 to improve acceleration tow ……..

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LSE:IGG IG Group. Close Mid-Price: 818.5 Percentage Change: + 2.18% Day High: 822 Day Low: 802

Continued trades against IGG with a mid-price ABOVE 822 should improve th ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48 Percentage Change: + 1.18% Day High: 48.73 Day Low: 47.73

Further movement against Lloyds Grp. ABOVE 48.73 should improve accelerat ……..

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LSE:NG. National Glib. Close Mid-Price: 1090 Percentage Change: + 0.74% Day High: 1093.4 Day Low: 1084.8

Target met. In the event of National Glib enjoying further trades beyond ……..

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LSE:RMG Royal Mail. Close Mid-Price: 521.4 Percentage Change: + 2.84% Day High: 523 Day Low: 510.2

All Royal Mail needs are mid-price trades ABOVE 523 to improve accelerati ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 121.88 Percentage Change: + 0.21% Day High: 125.72 Day Low: 121.78

Continued trades against RR. with a mid-price ABOVE 125.72 should improve ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 447 Percentage Change: + 1.29% Day High: 448.1 Day Low: 442.2

Further movement against Standard Chartered ABOVE 448.1 should improve ac ……..

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LSE:TSCO Tesco. Close Mid-Price: 291.05 Percentage Change: + 1.09% Day High: 292.3 Day Low: 287.95

Target met. In the event of Tesco enjoying further trades beyond 292.3, t ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 176.75 Percentage Change: + 0.88% Day High: 178.4 Day Low: 175.5

All Taylor Wimpey needs are mid-price trades ABOVE 178.4 to improve accel ……..

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

The FTSE for Christmas Eve.

Despite few people taking the time out to read this (something to do with Xmas holidays), our whimsical report for Thursday proved rather concise. Our initial target of 7378 points was successfully achieved, bettered by 7 points, and giving a nice little useful 36 point trade. Of course, the big question relates to Friday mornings potentials.

A painful memory of many years ago brings a reminder of opening a Long position on Xmas eve morning, sometime around 10am. Of course, nothing actually happened for an age and eventually, at 12.15pm with the market due to close at 12.30pm, the decision was made to close the position and go do Xmas shopping. Quite literally, within minutes of the position being closed, the FTSE started to make solid movements and reached the target level, the final thing on screen as the the system shut down for the holiday break. Despite not trading anymore, this spiteful reminder of why the morning session on Xmas Eve remains, also providing the reason we don’t trade.

When involved in a trade, emotion enters the frame. Anxiety, fear, greed, impatience, or whatever excuse the human brain can discover to foul logical thinking. Successful traders are the folk who can lock emotion away in a drawer, calmly dealing with the scenario they chose. Idiotic traders, like we were, experienced panic, in this instance a fear of discovering the shops were closed but more commonly, panic due to a worry about profit vanishing, often taking minimal profits rather than “risk” a trade running to its logical target. They say you can’t go ‘burst’ making profits but you can completely burn yourself out and lose all perspective. There was a famous day, when 27 days were completed, averaging £1 profit per trade. This was pretty close to the end of our personal efforts to trade!

The funny thing, a couple of friends asked earlier this year about some long term investments. We’d suggested Rolls Royce at 107p, experiencing a complete roller coaster of emotions in the months since, only to be utterly horrified when the chum emailed to ask how Rolls Royce were doing. As per our initial scenario, she’d bailed at 139p and banked profits, opting to leave the value of her initial investment running for the longer term. While on a daily basis, we’ve been worriedly monitoring the share price, she hadn’t even bothered looking at it. She was blissfully unaware of the fairly wild ride the share price has been taking.

This again encapsulates the reason we don’t/can’t trade. We take the transactions far too personally.

 

As for the FTSE for Friday, the index remains looking positive. Despite FTSE Futures currently being marginally down from Thursdays close, things risk becoming quite enticing should the FTSE manage above 7388 points. Such a Xmas miracle comes with the potential of movement to 7427 points next. If bettered, our secondary calculates at 7440 points. Alas, this is Xmas Eve and as mentioned earlier, a session we distrust.

If triggered, the index needs fall below 7324 points to spoil the party, threatening reversal to 7311 points with secondary, if broken, down at 7275 points.

Finally, have a good Xmas break. We’ll be back on Wednesday 29th next week, hopefully sober, well fed, and calm.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:59:43PM BRENT 76.58 74.74 74.47 73.68 75.67 76.84 77.185 79.82 75.23 ‘cess
11:01:16PM GOLD 1809.1 1796 1791.5 1785 1808 1811 1814 1820 1803 ‘cess
11:04:58PM FTSE 7373 7331 7321 7299 7363 7385 7394 7436 7343 ‘cess
11:08:37PM FRANCE 7107.3 7048 7031 7001 7088 7121 7139 7151 7062 ‘cess
11:10:44PM GERMANY 15753 15601 15540 15461 15681 15777 15791.5 15896 15693 Success
11:13:20PM NASDAQ 16307 16146 16079 15986 16230 16360 16391 16487 16290 ‘cess
11:15:12PM US500 4725 4721 4716 4708 4732 4740 4745 4776 4703 ‘cess
11:17:24PM DOW 3591 35745 35677 35546 35888 36070 36131 36342 35809 Success
11:20:13PM JAPAN 28847 28787 28764 28714 28847 28916 29011 29268 28702 ‘cess

 

23/12/2021 FTSE Closed at 7373 points. Change of 0.44%. Total value traded through LSE was: £ 3,429,761,214 a change of -22.36%
22/12/2021 FTSE Closed at 7341 points. Change of 0.6%. Total value traded through LSE was: £ 4,417,772,606 a change of -20.48%
21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%
20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%
17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%
16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%
15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:DGE Diageo** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aviva, Barclays, BALFOUR BEATTY, Barrett Devs, BP PLC, Caspian, Carnival, Diageo, Hikma, IG Group, National Glib, Natwest, Oxford Instruments, Rockhopper, Rolls Royce, Standard Chartered, Taylor Wimpey,

LSE:AV. Aviva. Close Mid-Price: 409.4 Percentage Change: + 0.74% Day High: 410.4 Day Low: 405

Above 411 still looks useful, allowing movement to an initial 421 with sec ……..

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LSE:BARC Barclays. Close Mid-Price: 187.4 Percentage Change: + 0.84% Day High: 188.28 Day Low: 187

Continuing above 189 now looks hopeful, allowing for an initial 196 with s ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 263 Percentage Change: + 2.90% Day High: 266.2 Day Low: 256.8

Above just 266.2 should now make movement to 270 difficult to avoid. If be ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 738.6 Percentage Change: -0.19% Day High: 745.2 Day Low: 738

Now above 746 looks capable of 760 next. If exceeded, our secondary calcul ……..

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LSE:BP. BP PLC. Close Mid-Price: 337.95 Percentage Change: + 0.97% Day High: 341.85 Day Low: 336.4

Movements continuing above 342 remain pointing at 353 next, along with a s ……..

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LSE:CASP Caspian. Close Mid-Price: 5.05 Percentage Change: + 14.77% Day High: 5.8 Day Low: 4.4

Target Met. Now above 5.8 calculates with the surprise potential of an ini ……..

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LSE:CCL Carnival. Close Mid-Price: 1428.8 Percentage Change: + 0.51% Day High: 1469.8 Day Low: 1412.4

Above 1470 should bring the price to an initial 1544p. If bettered, our se ……..

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LSE:DGE Diageo Close Mid-Price: 4037 Percentage Change: -0.12% Day High: 4056.5 Day Low: 4014

In the event of Diageo enjoying further trades beyond 4057, the share shou ……..

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LSE:HIK Hikma Close Mid-Price: 2186 Percentage Change: -1.18% Day High: 2225 Day Low: 2175

This suddenly is looking a bit risky as weakness below 2175 suggests comin ……..

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LSE:IGG IG Group. Close Mid-Price: 804 Percentage Change: + 0.50% Day High: 807 Day Low: 798.5

Still surprisingly useful, above 807 now suggests the potential of recover ……..

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LSE:NG. National Glib Close Mid-Price: 1084.4 Percentage Change: -0.11% Day High: 1088 Day Low: 1073.6

Continued trades against NG. with a mid-price ABOVE 1088 should improve th ……..

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LSE:NWG Natwest. Close Mid-Price: 226.5 Percentage Change: + 0.80% Day High: 227.7 Day Low: 224.3

This is truly absurd as the outlook is effectively unchanged. The share re ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2655 Percentage Change: + 1.14% Day High: 2755 Day Low: 2605

Target Met. Further movement against Oxford Instruments ABOVE 2757 should ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.24 Percentage Change: + 0.49% Day High: 8.2 Day Low: 7.27

Above 8.25p still suggests an initial 9.35p with our longer term secondary ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 120.84 Percentage Change: + 2.11% Day High: 123.68 Day Low: 118.48

Target Met. Near term, above 124 is expected to bring an initial 128 with ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 440.5 Percentage Change: + 1.66% Day High: 442 Day Low: 434.2

Something has changed slightly as above 442 now anticipates an initial 455 ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 175.25 Percentage Change: + 0.66% Day High: 175.5 Day Low: 173.65

Movement now above 176 indicates the potential of recovery to an initial 1 ……..

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

It’s a Christmas FTSE for Thursday!

#FreeFutures Experience has taught there’s usually no point in giving an outlook for the day before Xmas. The half day of trading generally does next to nothing, aside from opening minute movements, then a frenzy of changes in the final 10 minutes of trading. As a result, we’ve decided to review the outlook for Thursday as it’s the last full day of trading before Xmas.

Amazingly, it appears some sort of rally is taking place on the FTSE 100, the market now opting to show some useful potentials. Crucially, if these relatively near term predictions come to fruition, the FTSE is going to find itself adrift in a region with the potential of a visit to an extraordinary 8110 points sometime in the future. Goodness knows what horrors politicians shall consider, if they notice the UK market has moved from recovery mode to growth mode. But then again, perhaps we’re reading too much into what could “just” be a rather delayed Santa Rally, one which could easily fade away by the end of the year!

 

From an immediate perspective, it seems we should expect movement above 7342 points to bring the FTSE to an initial 7378 points. Obviously, beware an initial spike at the open of the FTSE on Thursday unless the spike is prefaced by a gap. This sort of thing tends make any upward surge in the opening second fairly reliable. Should 7378 be exceeded, our secondary target level is at 7450 points. This secondary target level is liable to prove significant, marking the highest level attained since the pandemic reversals of 2020. If this movement triggers, it looks like the tightest stop loss is quite wide at 7292 points. A word of warning regarding our initial 7378 target level. As the chart below illustrates, such an ambition matches Blue on the chart, the FTSE downtrend since the high pre-pandemic. As a result, common sense alone indicates the potential for some hesitation at such a level.

The alternate pear shaped scenario is pretty straightforward. Below 7292 points risks reversal commencing to 7260 points. If broken, our secondary calculates at 7230 points.

 

On Thursday evening, we shall provide a “FTSE for FRIDAY” scenario. It will be short and sweet, probably glanced at prior to being forgotten as many folk shall be solidly in Holiday Mode already.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:33:32PM BRENT 75.48 73.52 72.98 74.6 75.5 76.36 73.6 ‘cess
9:35:12PM GOLD 1805.17 1785 1779 1795 1806 1808 1796 Success
9:37:15PM FTSE 7366.89 7271 7247 7315 7367 7382 7297 Success
9:39:15PM FRANCE 7064 6961 6954 6991 7068 7089 6995 Success
9:41:06PM GERMANY 15644 15424 15399 15511 15645 15657 15490
9:42:58PM US500 4697.07 4629 4602 4654 4698 4712 4634 Success
9:46:59PM DOW 35770 35405 35267 35580 35783 35896 35610 ‘cess
10:22:24PM NASDAQ 16183.34 15890 15775 15992 16190 16215 16036 Success
10:23:59PM JAPAN 28707 28437 28339 28582 28717 28822 28608
22/12/2021 FTSE Closed at 7341 points. Change of 0.6%. Total value traded through LSE was: £ 4,417,772,606 a change of -20.48%
21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%
20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%
17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%
16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%
15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%
14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%

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:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:FGP Firstgroup** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Avacta, BALFOUR BEATTY, Barrett Devs, Carnival, ECO (Atlantic) O & G, Firstgroup, IG Group, Marks and Spencer, OPG Power Ventures, Oxford Instruments, Quadrise, Rockhopper, Rolls Royce, Taylor Wimpey,

LSE:AVCT Avacta. Close Mid-Price: 123.8 Percentage Change: + 16.90% Day High: 131.5 Day Low: 115.5

Ongoing movement exceeding 132 now points at 143 initially and our seconda ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 255.6 Percentage Change: + 1.27% Day High: 257 Day Low: 250

Above just 258 should make movement to 268 difficult to avoid. If bettered ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 740 Percentage Change: + 2.10% Day High: 739.4 Day Low: 721

Now above 740 looks capable of 760 next. If exceeded, our secondary calcul ……..

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LSE:CCL Carnival. Close Mid-Price: 1421.6 Percentage Change: + 2.13% Day High: 1425.4 Day Low: 1355.8

Above 1426 should bring the price to an initial 1544p. If bettered, our se ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 18 Percentage Change: + 1.41% Day High: 17.75 Day Low: 17

Continued weakness against ECO taking the price below 17 calculates as lea ……..

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LSE:FGP Firstgroup. Close Mid-Price: 102.6 Percentage Change: + 1.28% Day High: 102.4 Day Low: 98.35

Ongoing travel below 98 remains pointing at 90 as an initial destination w ……..

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LSE:IGG IG Group. Close Mid-Price: 800 Percentage Change: + 0.57% Day High: 801 Day Low: 793.5

For some reason, this is suddenly looking surprisingly useful as above 801 ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 227.5 Percentage Change: -0.66% Day High: 229.9 Day Low: 226.9

We’d now have slight concerns should this discover an excuse to trade belo ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 11 Percentage Change: + 1.15% Day High: 11 Day Low: 10.6

In the event OPG Power Ventures experiences weakness below 10.6 it calcula ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2625 Percentage Change: + 2.74% Day High: 2630 Day Low: 2515

Target Met. Further movement against Oxford Instruments ABOVE 2630 should ……..

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LSE:QFI Quadrise Close Mid-Price: 2.5 Percentage Change: -1.96% Day High: 2.8 Day Low: 2.55

Above 2.8 still suggests some mild interest, now calculating with an initi ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.2 Percentage Change: + 6.49% Day High: 8.2 Day Low: 7.71

Above 8.2p still suggests an initial 9.35p with our longer term secondary, ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 118.34 Percentage Change: + 3.30% Day High: 117.98 Day Low: 114.78

Near term, above 119 is supposed to bring an initial 121 with secondary, i ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 174.1 Percentage Change: + 2.56% Day High: 173.95 Day Low: 169.1

Target Met. Movement now above 174.5 indicates the potential of recovery t ……..

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View Previous Taylor Wimpey & Big Picture ***

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

Bank of Nova Scotia & The Curse of Oak Island…

#FTSE #Nasdaq The Curse of Oak Island, a weekly TV festival of folk digging holes in the ground while looking for buried treasure, takes place in Nova Scotia, Canada. The documentary series, while quite risible in places, has proven quite addictive despite the show tending to glaze over a fairly important detail. An ex-slave from the USA who grew cabbages on the island became one of Canada’s richest people, surprising many as no-one could understand just why his farm was so profitable.

This detail tends indicate the treasure has already been found, treasure “some say” includes the Holy Grail, the Ark of the Covenant, Shakespeare’s lost works, Aztec gold, Marie Antoinette’s bangles, and lots of pirate treasure. Despite 8 years of digging, increasing levels of tech, and apparently fabulous viewing numbers, the sad truth remains of the team never actually finding anything realistic except bits of wood. Curse of Oak Island is on the Discovery Channel in the UK.

 

However, with Nova Scotia promising great things, it was difficult to ignore Toronto Exchange traded Bank of Nova Scotia suddenly appearing as a ‘Strong Buy’ in our daily tech digest! Faster than an Oak Island treasure hunter, we delved into the numbers to see if anything interesting was coming.

 

Thankfully the answer looks like being “yes” as the share is already trading above its pre-pandemic level of 75 Canadian dollars and better still, opted to start December with a new all time high. Presently trading around 86 CAD, the price now needs better just 89 dollars to enter a cycle to an initial 95. If bettered, our longer term secondary calculates at 103 CAD. For everything to go horribly wrong, the share price currently requires below 80 Canadian dollars as such a movement would threaten a reversal cycle which would hopefully rebound at the 65 level.

Similar to our favored TV show, this looks worth watching.

Yet again, our thanks to the folk who discover a fascinating advert on this page worth visiting. Each clock keeps us in coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:19:35PM BRENT 73.98 Success
11:21:33PM GOLD 1790 ‘cess
11:28:19PM FTSE 7306 7246 7233 7204 7278 7318 7354 7440 7261 ‘cess
11:30:28PM FRANCE 7001.3 ‘cess
11:35:32PM GERMANY 15503 Success
11:38:13PM US500 4647
11:41:54PM DOW 35506.3 ‘cess
11:45:02PM NASDAQ 15963 15605 15568 15426 15768 15988 16000 16169 15916 Success
21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%
20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%
17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%
16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%
15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%
14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%
13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%

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:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:SDY Speedyhire** **LSE:TSCO Tesco** **

********

Updated charts published on : Aviva, Avacta, Barclays, Barrett Devs, BP PLC, Carclo, Carnival, Centrica, Darktrace Plc, 4D Pharma, Firstgroup, HSBC, British Airways, National Glib, Omega Diags, Petrop etc, Quadrise, Rockhopper, Speedyhire, Tesco,

LSE:AV. Aviva. Close Mid-Price: 403.8 Percentage Change: + 1.46% Day High: 405.2 Day Low: 400.6

Even above 407 now looks useful, allowing movement to an initial 421 with ……..

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LSE:AVCT Avacta. Close Mid-Price: 105.9 Percentage Change: + 1.05% Day High: 106.5 Day Low: 100.5

Weakness on Avacta below 100 now looks capable of reversal to an initial 9 ……..

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LSE:BARC Barclays. Close Mid-Price: 184.26 Percentage Change: + 3.17% Day High: 184.04 Day Low: 180.72

This shambles needs above 187.5 to suggest some surprise recovery, given a ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 724.8 Percentage Change: + 3.10% Day High: 730.2 Day Low: 709

Now above 731 looks capable of 760 next. If exceeded, our secondary calcul ……..

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LSE:BP. BP PLC. Close Mid-Price: 331.75 Percentage Change: + 2.61% Day High: 332.35 Day Low: 324.5

Below 320 now looks problematic, giving a reversal potential to an initial ……..

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LSE:CAR Carclo. Close Mid-Price: 38.55 Percentage Change: + 6.64% Day High: 38 Day Low: 35.9

Below just 34 now looks troubling, suggesting coming weakness to 22 with s ……..

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LSE:CCL Carnival. Close Mid-Price: 1392 Percentage Change: + 9.59% Day High: 1398.8 Day Low: 1260.4

Allegedly, above 1400 should bring the price to an initial 1544p. If bette ……..

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LSE:CNA Centrica. Close Mid-Price: 68.5 Percentage Change: + 2.39% Day High: 68.94 Day Low: 67.32

Continued trades against CNA with a mid-price ABOVE 69 should improve the ……..

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View Previous Centrica & Big Picture ***

LSE:DARK Darktrace Plc. Close Mid-Price: 408.6 Percentage Change: + 2.00% Day High: 426.4 Day Low: 401.4

Now below 374 permits reversals to an initial 336 with secondary, should s ……..

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View Previous Darktrace Plc & Big Picture ***

LSE:DDDD 4D Pharma. Close Mid-Price: 52.6 Percentage Change: + 2.73% Day High: 54.9 Day Low: 50

Below 50 now threatens weakness to an initial 44 with secondary, if broken ……..

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LSE:FGP Firstgroup Close Mid-Price: 101.3 Percentage Change: -1.84% Day High: 104.3 Day Low: 100.2

This still needs above 111 to signal coming miracle recovery to an initial ……..

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LSE:HSBA HSBC. Close Mid-Price: 445.2 Percentage Change: + 0.77% Day High: 446.5 Day Low: 439.65

Now above 450 suggests the possibility of a gain to 460 next with secondar ……..

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View Previous HSBC & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 139.98 Percentage Change: + 6.90% Day High: 138.92 Day Low: 130.66

Below 122 now could provide a glide down to an initial 115 with secondary, ……..

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LSE:NG. National Glib. Close Mid-Price: 1084.8 Percentage Change: + 0.93% Day High: 1084.4 Day Low: 1067.8

Continued trades against NG. with a mid-price ABOVE 1084.4 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 20.5 Percentage Change: -5.75% Day High: 22.25 Day Low: 20.5

If Omega Diags experiences continued weakness below 20.5, it will invaria ……..

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LSE:POG Petrop etc Close Mid-Price: 20.22 Percentage Change: -1.08% Day High: 20.84 Day Low: 18.5

Weakness on Petrop etc below 18.5 will invariably lead to 17.5 with secon ……..

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LSE:QFI Quadrise. Close Mid-Price: 2.55 Percentage Change: + 29.11% Day High: 2.3 Day Low: 2.09

Above 2.55 suggests some mild interest, calculating with an initial 2.9 wi ……..

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View Previous Quadrise & Big Picture ***

LSE:RKH Rockhopper. Close Mid-Price: 7.7 Percentage Change: + 22.42% Day High: 7.99 Day Low: 6.27

Above 8p now suggests an initial 9.35p with our longer term secondary, if ……..

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View Previous Rockhopper & Big Picture ***

LSE:SDY Speedyhire. Close Mid-Price: 59.9 Percentage Change: + 1.53% Day High: 60.2 Day Low: 58.7

In the event Speedyhire experiences weakness below 58.7 it calculates wit ……..

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LSE:TSCO Tesco. Close Mid-Price: 288.5 Percentage Change: + 0.31% Day High: 289.65 Day Low: 287

Further movement against Tesco ABOVE 289.65 should improve acceleration t ……..

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View Previous Tesco & Big Picture ***

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

Easyjet Plc flying backwards?

#Gold #SP500 A historical dislike of Easyjet (LSE:EZJ) & Ryanair tends make us distrust our reports on these company share price movements, ‘lest we permit an inherent bias to intrude, unconsciously favouring worst case scenario. It presently feels their share price doesn’t need further assistance to ‘talk it down’, the current lockdown scare appears to be stepping in the role quite nicely.

We had to wonder about the view of the Downing St wino party, a photograph taken from above. Perhaps an airline took the shot, banking the image for use against the next time when incompetent politicians decided to again trash their industry. But, to be fair, another politician believes the angle reveals the snapshot was taken from No 11 Downing St, perhaps the chancellor feeling distraught at being left out of a garden party. As the Prime Minister describes the event as a working meeting, our own personal experience of corporate meetings certainly agrees they would be brightened considerably if the company ensured a supply of drinks. It would also make driving home at the end of a day quite an interesting proposition.

 

Easyjet share price looks poised for another hammering. In terms of ‘closing price’, the share is currently messing around at the level of the pandemic low of 2020, looking dangerously close to another thrashing. On the day of the pandemic crash, Easyjet hit 410p but actually closed the day at 507p. At present, the share price needs descend below 457p to risk triggering further reversals to 301p. We’d hope for a bounce at such a level, if only due to such a reversal essentially matching the lows of the financial crash.

There’s a serious issue if the share price discovers an excuse to close a session below 301p. It risks a visit to an ultimate bottom of 45p thereafter. Generally, when such a massive void exists between target levels, we tend expect a proper bounce at the initial target, in this case 301p.

 

However, there are early signs our dreadful scenario above risks being too dramatic. Currently, the share need only exceed 515p to allegedly enter a cycle to an initial 551p. If bettered, we can feel more confident extrapolating a future 677p as a major point of interest. Unfortunately, for the present Easyjet share price shares a lot with folk who’ve been through their ‘Customer Service’ process. It’s not happy!

As always, many thanks to those who opt to visit some of the fascinating adverts on this page. This week especially, we appreciate feeling someone just bought us a coffee.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:44:07PM BRENT 72.01 Success
9:46:51PM GOLD 1788.74 1788 1785 1776 1797 1804 1809 1812 1794 ‘cess
9:49:29PM FTSE 7253.16 Success
9:51:36PM FRANCE 6903.3
9:54:31PM GERMANY 15368 Success
9:59:32PM US500 4578 4564 4549 4519 4601 4582 4600 4623 4546 Success
10:02:05PM DOW 35024
10:05:09PM NASDAQ 15686 Shambles
10:08:13PM JAPAN 28244 Success

 

20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%
17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%
16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%
15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%
14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%
13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%
10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%

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:AGM Applied Graphene** **LSE:AVCT Avacta** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CPI Capita** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:HUR Hurrican Energy** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Applied Graphene, Avacta, Caspian, Cellular Goods, Capita, Foxtons, Gulf Keystone, Hurrican Energy, Intercontinental Hotels Group, ITM Power, National Glib, OPG Power Ventures, Oxford Instruments, Quadrise, Rolls Royce, Zoo Digital,

LSE:AGM Applied Graphene Close Mid-Price: 21.5 Percentage Change: -6.11% Day High: 22.5 Day Low: 21.5

If Applied Graphene experiences continued weakness below 21.5, it will in ……..

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LSE:AVCT Avacta Close Mid-Price: 104.8 Percentage Change: -2.06% Day High: 108.5 Day Low: 103.5

Weakness on Avacta below 103.5 will invariably lead to 90p next. If broke ……..

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LSE:CASP Caspian Close Mid-Price: 3.5 Percentage Change: -2.78% Day High: 3.7 Day Low: 3.5

Weakness on Caspian below 3.5 will invariably lead to 3.4 with secondary ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 6.15 Percentage Change: + 2.50% Day High: 6.15 Day Low: 5.85

In the event Cellular Goods experiences weakness below 5.85 it calculates ……..

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LSE:CPI Capita Close Mid-Price: 34.74 Percentage Change: -3.45% Day High: 35.19 Day Low: 33.71

If Capita experiences continued weakness below 33.71, it will invariably ……..

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LSE:FOXT Foxtons Close Mid-Price: 38.25 Percentage Change: -1.42% Day High: 41.35 Day Low: 38

In the event Foxtons experiences weakness below 38 it calculates with a d ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 168.2 Percentage Change: -3.22% Day High: 171.4 Day Low: 164.6

Target met. Weakness on Gulf Keystone below 164.6 will invariably lead to ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 3.55 Percentage Change: -15.48% Day High: 4 Day Low: 3.3

Target met. Continued weakness against HUR taking the price below 3.3 cal ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4438 Percentage Change: -0.83% Day High: 4468 Day Low: 4314

If Intercontinental Hotels Group experiences continued weakness below 431 ……..

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LSE:ITM ITM Power Close Mid-Price: 369.6 Percentage Change: -2.27% Day High: 374.2 Day Low: 358.6

Weakness on ITM Power below 358.6 will invariably lead to 313. If broken, ……..

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LSE:NG. National Glib. Close Mid-Price: 1074.8 Percentage Change: + 0.09% Day High: 1072.8 Day Low: 1051

Target met. All National Glib needs are mid-price trades ABOVE 1072.8 to ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 10.75 Percentage Change: -3.37% Day High: 11.12 Day Low: 10.75

In the event OPG Power Ventures experiences weakness below 10.75 it calcu ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2535 Percentage Change: -1.55% Day High: 2530 Day Low: 2495

Further movement against Oxford Instruments ABOVE 2530 should improve acc ……..

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LSE:QFI Quadrise Close Mid-Price: 1.98 Percentage Change: -10.23% Day High: 2.09 Day Low: 2.09

Target met. Weakness on Quadrise below 2.09 will invariably lead to 1.9 w ……..

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LSE:RR. Rolls Royce Close Mid-Price: 110.48 Percentage Change: -3.34% Day High: 112.6 Day Low: 107.12

Target met. In the event Rolls Royce experiences weakness below 107.12 it ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 114 Percentage Change: -1.72% Day High: 114 Day Low: 112.5

Target met. Continued weakness against ZOO taking the price below 112.5 c ……..

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

Chocolate, Another Brent update. And Lloyds Bank. Again…

#Brent #Dax The coming week looks quite dreadful, thanks to the advent calendar on my desk only showing 5 more windows from which it shall dispense little miserable chunks of chocolate. Who knew, when it was received, this terrible excuse for a Xmas card would assume such a key role in counting down the days. Okay, perhaps everyone knows but personally I’ve never been given one of these things.

One hitherto unknown facet of this item of torture was a revelation I’m a complete chocolate addict! The normal office routine is to turn on the espresso machine, turn on the computers, grind some coffee beans, etc. Now, it’s a rush to the calendar and scoff a fragment of chocolate. Perhaps the reason is I generally only allow myself confectionary on Xmas day, my waistlines best friend, a chocolate orange.

 

I’ve just 5 chocolate treats left for the coming week, the market in London closing at 12.30pm on Friday for what shall be quite a decent break, due to Monday & Tuesday being allocated holiday status due to Xmas falling on the weekend. It’s easy to wonder if I shall deserve a 2nd chocolate orange on the Monday, a sort of Xmas day in lieu excuse. It’s certainly going to be curious this year, discovering if chocolate oranges have yet again shrunk in size. Over the years, it has become obvious the manufacturer has opted to reduce the size of their product, rather than increase the retail price. Sooner or later, a reasonable suspicion is the little globes of heaven shall challenge the size of maltesers.

 

While counting down the minutes until my 8am chocolate morsel, it’s probably worth noting our previous report on Brent three weeks ago came to fruition. The black stuff opted to reverse and break our $68 initial target level. The break, or rather, the force of the break down to a surprise $65 tends suggest the markets are taking the threat of further lockdowns quite seriously. As a result, we’re inclined to expect the worst in the week again, while Governments agonise whether to effectively cancel Xmas. Of course, it’s doubtful the UK could “get away” with such a wheeze, given photographs at the weekend of a lazy wine & cheese bash at Downing St in May 2020, literally none of the guidelines being followed. But with Germany and France already opting to restrict travel from the UK, it’s maybe the case the damage has already been done. Again.

If this results in a panic set of lockdown rules, the knock-on effect across the markets is liable to prove quite spectacular.

Now below $68 calculates with the triggering possibility of Brent Crude heading down to $60.76 initially. In the event such a level breaks, our secondary (and hopefully bottom) works out at $43.62. Should such weakness trigger, the tightest stop is impossibly wide at $77.

 Lloyds Bank (LON:LLOY) As for Lloyds, we can be brief. Our criteria three weeks ago proposed an argument for reversal to 44.6p. This level was achieved and even broken. As a result, we’re inclined toward a degree of misery in speculating what’s coming next. The price now needs break 44.3p to trigger reversal to an initial 43.16p with secondary, if (or rather when) broken at a bottom of 40.3p. Overall, Lloyds share price is now trading in a region where we calculate an ultimate bottom of 32p has become possible. It’s probably important to view the inset on the chart below. The upper inset with candles shows the share price appears to exceed the immediate Red uptrend. The lower inset, the closing price, shows the market took exquisite care to avoid the price closing a session in safety.

As a result, we suspect the markets are just waiting a Lockdown announcement to provoke sharp reversals. Lloyds now requires to trade above 48p to aim for any sort of safety.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:32:32PM BRENT 77.93 72.64 72.27 71.83 73.74 74.42 74.68 75.36 73.46 Success
10:35:06PM GOLD 1796.3 Success
10:37:06PM FTSE 7239.81
10:39:57PM FRANCE 6927 Success
10:43:11PM GERMANY 15502.05 15417 15346 15272 15509 15613 15644 15719 15484 ‘cess
10:45:03PM US500 4624 Success
10:54:37PM DOW 35452 Success
11:03:23PM NASDAQ 15793
11:05:40PM JAPAN 28467 ‘cess

 

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:EME Empyrean** **LSE:EZJ EasyJet** **LSE:SBRY Sainsbury** **

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Updated charts published on : Avacta, Empyrean, EasyJet, Sainsbury,

LSE:AVCT Avacta Close Mid-Price: 108.5 Percentage Change: -4.82% Day High: 110 Day Low: 106

This is not encouraging as below 106 now suggests coming weakness to 90p n ……..

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LSE:EME Empyrean Close Mid-Price: 7 Percentage Change: -2.78% Day High: 7.2 Day Low: 7

Further movement against Empyrean ABOVE 7.2 should improve acceleration t ……..

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LSE:EZJ EasyJet. Close Mid-Price: 504.6 Percentage Change: + 3.85% Day High: 506 Day Low: 483.9

We’re two distinct scenario, each pointing to the potential of EJ gliding ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 273 Percentage Change: + 1.04% Day High: 273.2 Day Low: 269.9

In the event Sainsbury experiences weakness below 269.9 it calculates wit ……..

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