Author: T&T Staff

#Brent #Dax Holes in Emmental cheese are caused by milking cows with hiccups! One of the funnier things about grandchildren is being able to deliver the occasional verbal bomb, utterly unaware when it will go off. Avoiding cliches like; ‘candlestick patterns are real’ or ‘you can rely on moving averages’ is an easy proposition, little girls are simply not interested. What I didn’t know until recently is their mum interrogates them subtly, on their return.

 

Apparently our daughter didn’t find it funny, the day she corrected a ski guide on how mogul fields form on a mountain. Her perfectly logical explanation of rocks deposited in a previous ice age not retaining heat from the sun, whereas warmer ancient volcanic rocks on the same mountainside ensured snow would cover the slope unevenly, creating the mounds of snow much loved by some skiers. I’d given her this explanation when she was around 12 years old and six years later, was able to deliver a ‘fact’ from her pool of incorrect knowledge.

Hopefully the Emmental cheese story survives as it conjures up delicious mental images. After all, a belief in candlestick patterns or moving averages remains a thing, despite a daily plethora of evidence to the contrary!

 

As for Natwest, when we reviewed the share three weeks ago, our criteria suggests above 217p should propel the price to 225p next. This thankfully proved correct but we’ve a slight concern regarding the initial surge to 225p. The first two sessions where this target was achieved (29 & 30th Sept), the share steadfastly refused to actually close at or above 225p, instead opting for 224.6p and 224.9p as the close on the day. In the period since, there has been a slight reversal and now, obviously, the share price has closed above 225p on several occasions. In addition, it’s now flaffing around at the price level prior to the pandemic drop in 2020, this being something we should regard as encouraging, if we use the model of other world markets as an indicator.

Unfortunately, the last week has seen the FTSE remaining remarkably resilient despite other world index’s retreating, making us wonder if some common ground shall be discovered as perhaps world markets heated up too fast, while the FTSE failed to make it out of the deep freeze.

 

For Natwest, the updated picture now suggests strength above 227.5p should next enter a cycle toward 233p next. With closure above 233p, it should prove difficult to avoid a path opening up to 250p sometime in the future. The share price needs CLOSE a session below 219p to scupper our optimism and, to cause outright panic, trade below 208p.

Our thanks to the nice folk who find adverts on this page worthy of checking out. It buys the morning coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
1:32:34PM	BRENT	82.42	81.73	81.465	80.89	82.5	83.19	83.73	84.4	82.22	Success
1:36:04PM	GOLD	1757									Success
2:14:37PM	FTSE	7096.14
2:19:55PM	FRANCE	6555
2:29:15PM	GERMANY	15188	15177	15141	15098	15224	15258	15276	15309	15177	‘cess
2:32:54PM	US500	4391.77
2:36:16PM	DOW	34744
2:46:52PM	NASDAQ	14820									‘cess
2:49:00PM	JAPAN	28031

8/10/2021 FTSE Closed at 7095 points. Change of 0.24%. Total value traded through LSE was: £ 6,119,595,465 a change of 8.49%

7/10/2021 FTSE Closed at 7078 points. Change of 1.19%. Total value traded through LSE was: £ 5,640,729,699 a change of -17.12%

6/10/2021 FTSE Closed at 6995 points. Change of -1.16%. Total value traded through LSE was: £ 6,806,025,968 a change of 27.41%

5/10/2021 FTSE Closed at 7077 points. Change of 0.94%. Total value traded through LSE was: £ 5,341,866,967 a change of -12.71%

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

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:BARC Barclays** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:FOXT Foxtons** **LSE:IGG IG Group** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **LSE:VOD Vodafone** **

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Updated charts published on : Barclays, Bowleven, BP PLC, British Telecom, Cellular Goods, Centrica, Foxtons, IG Group, Serco, Standard Chartered, Tesco, Vodafone,

LSE:BARC Barclays. Close Mid-Price: 195.16 Percentage Change: + 0.73% Day High: 195.76 Day Low: 193.38

All Barclays needs are mid-price trades ABOVE 195.76 to improve accelerat ……..

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LSE:BLVN Bowleven. Close Mid-Price: 4.5 Percentage Change: + 5.88% Day High: 4.5 Day Low: 4.38

Continued trades against BLVN with a mid-price ABOVE 4.5 should improve t ……..

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LSE:BP. BP PLC. Close Mid-Price: 353.55 Percentage Change: + 2.54% Day High: 354.95 Day Low: 346.6

Continued trades against BP. with a mid-price ABOVE 354.95 should improve ……..

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LSE:BT.A British Telecom. Close Mid-Price: 146.35 Percentage Change: + 0.07% Day High: 146.6 Day Low: 143.65

Continued weakness against BT.A taking the price below 143.65 calculates ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.8 Percentage Change: -1.16% Day High: 6.95 Day Low: 6.75

Weakness on Cellular Goods below 6.75 will invariably lead to 6.4 next an ……..

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LSE:CNA Centrica. Close Mid-Price: 60 Percentage Change: + 1.94% Day High: 60.64 Day Low: 59

Continued trades against CNA with a mid-price ABOVE 60.64 should improve ……..

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LSE:FOXT Foxtons Close Mid-Price: 46.05 Percentage Change: -2.54% Day High: 47.15 Day Low: 45.5

If Foxtons experiences continued weakness below 45.5, it will invariably ……..

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LSE:IGG IG Group Close Mid-Price: 777 Percentage Change: -0.70% Day High: 791.5 Day Low: 772.5

Continued weakness against IGG taking the price below 772.5 calculates as ……..

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LSE:SRP Serco Close Mid-Price: 127.1 Percentage Change: -0.78% Day High: 128.6 Day Low: 126.8

Weakness on Serco below 126.8 will invariably lead to 124.5 with secondar ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 480.8 Percentage Change: + 1.86% Day High: 482.5 Day Low: 470.8

All Standard Chartered needs are mid-price trades ABOVE 482.5 to improve ……..

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LSE:TSCO Tesco. Close Mid-Price: 275.6 Percentage Change: + 0.90% Day High: 276.95 Day Low: 272.15

In the event of Tesco enjoying further trades beyond 276.95, the share sh ……..

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LSE:VOD Vodafone Close Mid-Price: 112.1 Percentage Change: -0.30% Day High: 113.04 Day Low: 111.38

If Vodafone experiences continued weakness below 111.38, it will invariab ……..

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

#Gold #FTSE

Someone emailed an interesting question; There’s an ongoing effort attempting to make Bitcoin the ‘new Gold’ in terms of perceived value. For time immemorial, Gold has been the favoured place of safety for money. After all, no matter what, there’s still Gold. Suspecting this effort is doomed to failure, the question was simple. Can we identify the level at which ‘the last straw’ breaks for Bitcoin?

 

It’s a fairly understandable stance, one which makes more sense than our own dislike for crypto currency. We don’t like it, simply due to the haphazard nature of the crypto marketplace. From our perspective, too often we see movements which appear leveraged against traders.  The immediate situation for Bitcoin (presently trading around $54,600) using conventional arguments, suggests above US $55,800 should make an attempt at the 60,000 level next. If bettered, there’s a heck of a calculation which gives $70,600 as the potential for a new all time high.

What concerns us, should the trigger level be exceeded, is any path to glory is liable to be paved with a few corpses. Bitcoin, similar to other crypto markets, is perfectly capable of throwing fake movements at traders, these bizarre momentary drops intended to trigger sell orders, prior to a movement up. In fact, the other wizard wheeze of a brief high to trigger buy orders, then equally brief reversal to trigger stop loss levels, isn’t an unknown ploy in the crypto market place.

If we stop grinding our axe, we can perhaps answer the question. Where’s the level where Bitcoin risks becoming a lost cause?

 

Visually, anything now below 29,000 dollars would justify extreme levels of concern. This risks triggering reversal to an initial 23,700 with secondary, if (or when) broken, at a bottom around $4,700. To be fair, when we review recent movements, even below $40,000 will provide strong reasons for a very raised eyebrow.

Gold (COMEX:GC) As for Gold, something a bit odd happened a few sessions ago, a circled movement we’re inclined to suspect is providing early warning for coming trouble. The uptrend since March 2020 broke, the price quickly recovering above the trend as the market was clearly not in the mood for a sharp reversal. However, now below 1,727 dollars calculates as capable of reaching down to 1,695. If broken, our secondary works out with a hopeful bottom at $1,620. At present, Gold is feeling a little fragile.

The Friday FTSE (FTSE:UKX) It’s US ‘Non Farm Payrolls Day’ with an apparent expectation of a fall in jobless numbers around 235,000 people. It all kicks of at 13:30 and with the US markets presently treading on egg shells due to China Evergrande, Covid, energy prices, and a nuclear submarine collision in the South China Sea, things could go horribly wrong quite fast.

However, the UK market has been showing surprising strength, closing Thursday at 7083 points. It now need only exceed 7095 points and we should anticipate a climbing cycle to an initial 7145 points. If bettered, we can calculate a secondary at an impressive 7211 points. As always, beware any triggering movement which occurs in the opening seconds of trade. As it’s Payroll Friday, a curved ball should be expected.

Our converse scenario triggers if London manages below 7035 points. Reversal toward 7018 points looks possible with secondary, if broken, at a hopeful bottom of 6995 points.

Again, our thanks to the kind folk who effectively buy us a coffee, when they discover an advert on this page worth a visit.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:41:19PM	BRENT	82.28	81.35	81.205		82.12	82.3	82.435		81.5	Success
9:43:18PM	GOLD	1756.78	1750	1746		1763	1767	1772		1754
9:45:21PM	FTSE	7085.82	7040	7018		7074	7095	7118		7042	‘cess
9:47:30PM	FRANCE	6586	6543	6533		6592	6616	6629		6574	‘cess
9:54:30PM	GERMANY	15222	15109	15041		15195	15245	15270		15135	Success
9:56:27PM	US500	4400.62	4378	4362		4408	4419	4439.75		4385	Success
10:03:43PM	DOW	34766	34506	34389		34695	34983	35028.5		34670	Success
10:05:32PM	NASDAQ	14907	14871	14809.5		14965	15015	15057.75		14870	Success
10:07:46PM	JAPAN	28046	27616	27525		27840	28137	28560.5		27855	‘cess

 

7/10/2021 FTSE Closed at 7078 points. Change of 1.19%. Total value traded through LSE was: £ 5,640,729,699 a change of -17.12%

6/10/2021 FTSE Closed at 6995 points. Change of -1.16%. Total value traded through LSE was: £ 6,806,025,968 a change of 27.41%

5/10/2021 FTSE Closed at 7077 points. Change of 0.94%. Total value traded through LSE was: £ 5,341,866,967 a change of -12.71%

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

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:ASC Asos** **LSE:BLOE Block Energy PLC** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:HL. Hargreaves Lansdown** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **

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Updated charts published on : AFC Energy, Asos, Block Energy PLC, Cellular Goods, Centrica, Hargreaves Lansdown, Rolls Royce, Serco, Standard Chartered, Tesco,

LSE:AFC AFC Energy Close Mid-Price: 43.8 Percentage Change: -0.45% Day High: 46.85 Day Low: 43.25

If AFC Energy experiences continued weakness below 43.25, it will invaria ……..

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LSE:ASC Asos Close Mid-Price: 2796 Percentage Change: -0.21% Day High: 2901 Day Low: 2691

If Asos experiences continued weakness below 2691, it will invariably lea ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 1.7 Percentage Change: -26.09% Day High: 1.95 Day Low: 1.55

Target met. Weakness on Block Energy PLC below 1.55 will invariably lead ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.88 Percentage Change: -1.01% Day High: 7.05 Day Low: 6.85

It’s easy to believe the market is simply playing games now with traders, ……..

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LSE:CNA Centrica. Close Mid-Price: 58.86 Percentage Change: + 2.22% Day High: 59.68 Day Low: 58.4

All Centrica needs are mid-price trades ABOVE 59.68 to improve accelerati ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1399 Percentage Change: -1.13% Day High: 1428 Day Low: 1366.5

Target met. Weakness on Hargreaves Lansdown below 1366.5 will invariably ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 141.22 Percentage Change: + 0.51% Day High: 143.74 Day Low: 140.38

I’m now inclined to a different attitude against this. From a bigger pictu ……..

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LSE:SRP Serco Close Mid-Price: 128.1 Percentage Change: -1.99% Day High: 132.1 Day Low: 127.3

Target met. In the event Serco experiences weakness below 127.3 it calcul ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 472 Percentage Change: + 4.77% Day High: 475.2 Day Low: 454.8

Further movement against Standard Chartered ABOVE 475.2 should improve ac ……..

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LSE:TSCO Tesco. Close Mid-Price: 273.15 Percentage Change: + 1.90% Day High: 274.9 Day Low: 268.65

Further movement against Tesco ABOVE 274.9 should improve acceleration to ……..

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

#DaxFutures #SP500 The social network never appears out of the headlines, usually for the wrong reasons. This week, a service outage tragically was repaired after a few hours. The company owner also featured in The Pandora Papers tax avoidance cache, there is a ‘whistleblower scandal’ and topping things off, UK staff are being given a three month deadline to reduce working from home. We avoid Facebook for none of these reasons, just disliking a service which tends be regarded as ‘always on’ by many devoted users who’re keen on protecting their illusory ‘friends circle’.

 

Rather more important than our distaste of the platform, gathering questions regarding the share price future are appearing in the financial media. Visually, there is certainly cause for concern and it appears a ‘final straw’ trigger level is making itself known. Below US $320 looks very capable of triggering reversal to an initial $291. As the chart below highlights, this will represent a lower low since the Red trend break. Such an event, therefore, takes the price into a region where below $291 looks like provoking further ongoing reversals to $220.

We can calculate below such a level for the longer term but such a target level effectively matches the share price highs, pre-pandemic. As a result, should such a frightening drop occur, there’s a strong argument favouring a bounce if this $220 target ever actually appears. We should be quite cynical about these potentials, thanks to the potential stop loss level of just $335. The markets are rarely quite as generous to traders!

If we chose to review a miracle gain scenario, above $335 calculates with a movement up to $367. If exceeded, our secondary works out at an eventual $377, along with probable hesitation.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:23:12PM	BRENT	80.69
9:32:46PM	GOLD	1764									Shambles
9:35:09PM	FTSE	7044									Success
9:36:52PM	FRANCE	6537									‘cess
9:38:55PM	GERMANY	15073	14920	14875	14808	15010	15080	15119	15221	14981	Success
9:40:52PM	US500	4367.87	4289	4272	4240	4330	4367	4383	4417	4317
9:42:50PM	DOW	34456
9:44:46PM	NASDAQ	14782									Success
9:47:05PM	JAPAN	27681									Success

 

 

6/10/2021 FTSE Closed at 6995 points. Change of -1.16%. Total value traded through LSE was: £ 6,806,025,968 a change of 27.41%

5/10/2021 FTSE Closed at 7077 points. Change of 0.94%. Total value traded through LSE was: £ 5,341,866,967 a change of -12.71%

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

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:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:NWG Natwest** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:RMG Royal Mail** **LSE:SPX Spirax** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

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Updated charts published on : AFC Energy, Applied Graphene, Aston Martin, Asos, Barrett Devs, British Telecom, Empyrean, Foxtons, Genel, Gulf Keystone, IG Group, ITM Power, Intertek, ITV, Natwest, Primary Health, Parkmead, Royal Mail, Spirax, Tesco, Taylor Wimpey, Zoo Digital,

LSE:AFC AFC Energy Close Mid-Price: 44 Percentage Change: -2.22% Day High: 46.75 Day Low: 43.45

In the event AFC Energy experiences weakness below 43.45 it calculates wi ……..

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LSE:AGM Applied Graphene Close Mid-Price: 24.3 Percentage Change: -6.54% Day High: 26 Day Low: 25

If Applied Graphene experiences continued weakness below 25, it will inva ……..

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LSE:AML Aston Martin Close Mid-Price: 1650.5 Percentage Change: -5.71% Day High: 1752 Day Low: 1645.5

Target met. Continued weakness against AML taking the price below 1645.5 ……..

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LSE:ASC Asos Close Mid-Price: 2802 Percentage Change: -2.54% Day High: 2862 Day Low: 2785

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LSE:BDEV Barrett Devs Close Mid-Price: 628.2 Percentage Change: -2.36% Day High: 636.6 Day Low: 618.8

Target met. In the event Barrett Devs experiences weakness below 618.8 it ……..

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LSE:BT.A British Telecom Close Mid-Price: 146.5 Percentage Change: -3.20% Day High: 150.4 Day Low: 145.75

Weakness on British Telecom below 145.75 will invariably lead to 142 with ……..

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LSE:EME Empyrean. Close Mid-Price: 7.85 Percentage Change: + 6.80% Day High: 8.6 Day Low: 7.35

All Empyrean needs are mid-price trades ABOVE 8.6 to improve acceleration ……..

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LSE:FOXT Foxtons Close Mid-Price: 47.85 Percentage Change: -1.03% Day High: 48.65 Day Low: 46.75

In the event Foxtons experiences weakness below 46.75 it calculates with ……..

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LSE:GENL Genel Close Mid-Price: 146.8 Percentage Change: -4.55% Day High: 158.2 Day Low: 145.8

In the event of Genel enjoying further trades beyond 158.2, the share sho ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 208.5 Percentage Change: -1.88% Day High: 217 Day Low: 208

Further movement against Gulf Keystone ABOVE 217 should improve accelerat ……..

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LSE:IGG IG Group Close Mid-Price: 780 Percentage Change: -2.13% Day High: 795.5 Day Low: 774

If IG Group experiences continued weakness below 774, it will invariably ……..

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LSE:ITM ITM Power Close Mid-Price: 371.6 Percentage Change: -3.73% Day High: 391.6 Day Low: 356.2

Target met. Weakness on ITM Power below 356.2 will invariably lead to 336 ……..

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LSE:ITRK Intertek Close Mid-Price: 4775 Percentage Change: -0.35% Day High: 4794 Day Low: 4724

Weakness on Intertek below 4724 will invariably lead to 4698 with seconda ……..

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LSE:ITV ITV Close Mid-Price: 103.95 Percentage Change: -1.98% Day High: 106 Day Low: 103.5

In the event ITV experiences weakness below 103.5 it calculates with a dr ……..

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LSE:NWG Natwest Close Mid-Price: 228.1 Percentage Change: -0.74% Day High: 230.1 Day Low: 227.6

Continued trades against NWG with a mid-price ABOVE 230.1 should improve ……..

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LSE:PHP Primary Health Close Mid-Price: 151.3 Percentage Change: -0.79% Day High: 152 Day Low: 149.5

If Primary Health experiences continued weakness below 149.5, it will inv ……..

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LSE:PMG Parkmead Close Mid-Price: 60.1 Percentage Change: -1.31% Day High: 64.4 Day Low: 59.2

Target met. In the event of Parkmead enjoying further trades beyond 64.4, ……..

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LSE:RMG Royal Mail Close Mid-Price: 404.1 Percentage Change: -2.51% Day High: 413.2 Day Low: 404

In the event Royal Mail experiences weakness below 404 it calculates with ……..

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LSE:SPX Spirax Close Mid-Price: 14625 Percentage Change: -1.12% Day High: 14690 Day Low: 14405

If Spirax experiences continued weakness below 14405, it will invariably ……..

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LSE:TSCO Tesco. Close Mid-Price: 268.05 Percentage Change: + 5.95% Day High: 272.5 Day Low: 259.9

Target met. Continued trades against TSCO with a mid-price ABOVE 272.5 sh ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 148 Percentage Change: -3.33% Day High: 152.3 Day Low: 146.85

Weakness on Taylor Wimpey below 146.85 will invariably lead to 121 with s ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 114.5 Percentage Change: -2.14% Day High: 117 Day Low: 114.5

Continued weakness against ZOO taking the price below 114.5 calculates as ……..

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

#BrentFutures #Japan Guilty secrets come in all forms. A personal one was the Harry Potter audio book series, magnificently read by Jim Dale (of Carry On fame!), capable of making time in hospital less tedious. When a client emailed us about Zinnwald Lithium, it struck a chord as surely there was a character with a similar surname in the books.

There wasn’t very similar… It was Grindlewald, mentioned briefly in the final book of the series but the focus of the latest attempt to milk the franchise, “Fantastic Beasts”.

However, the other part of the company name, “Lithium”, still attracted our interest. As someone living in the country, an occasional garden bonfire is needed. Few things spice a bonfire up better than the effect of a completely forgotten lithium battery, when dumping the office bin contents to assist the hedge cuttings igniting. This, recent experience, was rather more than just a little battery from a mobile phone. Instead, it was an 18 volt device which proved, quite energetically, why the warning label about careful disposal exists. Once the thick white smoke dissipated, the garden debris was burning happily but greater care shall be taken in future to avoid such a toxic event. Lithium batteries can be quite exciting.

Perhaps the client who emailed regarding these two companies obviously has an interest in Lithium, hopefully for a saner reason than our own. Even Cornish Metals, a company we reported on in July, also claim interest in the Lithium field. With the availability of battery powered everything nowadays, Lithium, as a key component currently for rechargeable devices, appears to be a buzz word in the mining industry.

Surprisingly, the visuals for Zinnwald don’t live up to our hopes. Presently trading around the 17p mark, the price need only slip below 16.5p to risk provoking reversal to 14.7p next. If broken, our ‘longer term or the next day’ secondary comes with a fairly nasty attachment. While 13.6p may sound fairly innocuous, there’s the potential of real trouble should such a level break as “bottom” calculates down at 8.6p eventually.

 

If looking for hope, the share needs trade above Blue on the chart, presently around 20p. This should prove capable of a cycle toward 26p with secondary, a longer term new all time high potential at 30p. Before becoming too excited, the visuals imply almost certain hesitation around 22.5p, if things start to recover.

Cornish Metals When we analysed Cornish Metals back in July, we’d lots of hope, none of which came to fruition. In the period since, the highest the share has achieved was 15.5p which, given our trigger of 15.2p, was utterly rubbish. About the only saving grace has been the period since. The share eventually triggered our drop level of 13p which had calculated with a drop potential of 9.75p. Instead, the share price opted to bounce just above 10p, perhaps implying some strength is evident?

Presently trading around 13p, the price needs above 14.25 and we shall regard it as growing, potentially toward an initial 15.7p. Our secondary, if bettered, works out at 17.3p with a visual implication, should this level be bettered, for really happy times ahead for the share price. In such a scenario, we will revisit our calculations.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:24:18PM	BRENT	82	80.52	79.825	79.08	81.3	82.06	82.15	82.4	81.5	Exact !
9:26:11PM	GOLD	1759.99
9:31:52PM	FTSE	7073.99									‘cess
9:35:08PM	FRANCE	6561									Success
9:41:07PM	GERMANY	15173
9:47:40PM	US500	4344									Success
9:50:47PM	DOW	34338.7									Success
9:52:57PM	NASDAQ	14665									Success
9:55:18PM	JAPAN	28166	27440	27312	26991	27870	28269	28394	28712	27999

 

5/10/2021 FTSE Closed at 7077 points. Change of 0.94%. Total value traded through LSE was: £ 5,341,866,967 a change of -12.71%

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

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:AML Aston Martin** **LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : AFC Energy, Aston Martin, Asos, Barclays, BP PLC, Carclo, Centrica, Genel, Gulf Keystone, Glencore Xstra, IG Group, ITM Power, Natwest, Parkmead, Zoo Digital,

LSE:AFC AFC Energy Close Mid-Price: 45 Percentage Change: -9.55% Day High: 51 Day Low: 44.5

Target met. Continued weakness against AFC taking the price below 44.5 ca ……..

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LSE:AML Aston Martin Close Mid-Price: 1750.5 Percentage Change: -1.85% Day High: 1802.5 Day Low: 1733

Target met. Weakness on Aston Martin below 1733 will invariably lead to 1 ……..

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LSE:ASC Asos Close Mid-Price: 2875 Percentage Change: -2.38% Day High: 3005 Day Low: 2865

Continued weakness against ASC taking the price below 2865 calculates as ……..

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LSE:BARC Barclays. Close Mid-Price: 194.6 Percentage Change: + 3.91% Day High: 194.94 Day Low: 187.24

Target met. Further movement against Barclays ABOVE 194.94 should improve ……..

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LSE:BP. BP PLC. Close Mid-Price: 350.65 Percentage Change: + 1.80% Day High: 352.6 Day Low: 343.35

Target met. All BP PLC needs are mid-price trades ABOVE 352.6 to improve ……..

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LSE:CAR Carclo. Close Mid-Price: 30.3 Percentage Change: + 0.00% Day High: 31 Day Low: 28.9

If Carclo experiences continued weakness below 28.9, it will invariably l ……..

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LSE:CNA Centrica. Close Mid-Price: 58.76 Percentage Change: + 0.72% Day High: 59.22 Day Low: 58.34

Target met. In the event of Centrica enjoying further trades beyond 59.22 ……..

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LSE:GENL Genel. Close Mid-Price: 153.8 Percentage Change: + 3.22% Day High: 155 Day Low: 145.2

Target met. Further movement against Genel ABOVE 155 should improve accel ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 212.5 Percentage Change: + 3.66% Day High: 215 Day Low: 204.5

Target met. All Gulf Keystone needs are mid-price trades ABOVE 215 to imp ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 367.6 Percentage Change: + 3.55% Day High: 369.05 Day Low: 356.75

Target met. Further movement against Glencore Xstra ABOVE 369.05 should i ……..

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LSE:IGG IG Group Close Mid-Price: 797 Percentage Change: -1.06% Day High: 808 Day Low: 793

Weakness on IG Group below 793 will invariably lead to 767 with secondary ……..

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LSE:ITM ITM Power Close Mid-Price: 386 Percentage Change: -1.73% Day High: 398.6 Day Low: 380.4

Continued weakness against ITM taking the price below 380.4 calculates as ……..

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LSE:NWG Natwest. Close Mid-Price: 229.8 Percentage Change: + 3.05% Day High: 229.9 Day Low: 224.4

Target met. All Natwest needs are mid-price trades ABOVE 229.9 to improve ……..

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LSE:PMG Parkmead. Close Mid-Price: 60.9 Percentage Change: + 4.10% Day High: 62 Day Low: 59.8

Continued trades against PMG with a mid-price ABOVE 62 should improve the ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 117 Percentage Change: -1.27% Day High: 118.5 Day Low: 117

If Zoo Digital experiences continued weakness below 117, it will invariab ……..

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

#Gold #Nasdaq

With Brent Crude hitting the $81 level, once again a bunch of folk were anticipating major oil shares to do something special. Once again, major oil shares tended not respond. It’s worth remembering when Brent Crude attempted the $130 level, BP shares dithered below the 5 quid level. The concept of a link between the price of crude and oil company shares appears illusory, mostly.

If we choose to look at Tullow, during 2013 the price of Brent Crude was pretty stable around the $120 mark. Tullow, alas, was trading initially at 1200p and now, with Brent at $81, Tullow ‘enjoy’ a share price down at just 52p. As the chart below illustrates, the last decade has not been kind to Tullow but, in fairness, there are early signs something may be changing for the better.

The immediate situation seems pretty straightforward with movement above 52.6 hinting at the prospect of some growth toward an initial 56.7p. While conceding this target is about as interesting as a Scottish weather forecast (always rain, obviously…) the secondary ambition gives some hope for the longer term as it’s at 68.7p. The effect of the secondary, despite any hesitation which shall probably occur should it appear, is the price will illustrate a “higher high”. This could prove quite a big deal, bettered the high prior to the break of the Blue downtrend. This has the potential for some Big Picture impetus to make itself known, calculating with a long term cycle commencing to an eventual 125p as a serious point of interest eventually.

Unfortunately, such a movement will be of little solace to the folk who convinced themselves, during the 4 years until the end of 2019, that Tullow “obviously” had a floor level around 200p, something which could be relied upon. The lesson learned was painful, essentially confirming the maxim of “If it ain’t goin’ up, it’s goin’ down…”

For the present, Tullow needs slip below 39p to cause panic. In such a scenario, we can calculate a bottom of 22p. Unfortunately, that’s also the point where we run out of numbers as every result is tainted with a minus sign thereafter.

Visiting adverts on this page “buys us a coffee”, for which we thank those who click.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:54:01PM	BRENT	80.72									Success
9:55:55PM	GOLD	1769.39	1747	1741	1731	1763	1771	1775	1779	1761	Shambles
10:17:57PM	FTSE	7036.29
10:20:53PM	FRANCE	6493.8									‘cess
10:23:13PM	GERMANY	15084.97									‘cess
10:25:51PM	US500	4304									Success
10:29:50PM	DOW	34016.5									‘cess
10:33:49PM	NASDAQ	14497	14380	14247	14218	14509	14506	14540.5	14594	14405	‘cess
10:37:12PM	JAPAN	27853									Success

 

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

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:AML Aston Martin** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:RMG Royal Mail** **LSE:SPX Spirax** **LSE:SRP Serco** **

********

Updated charts published on : AFC Energy, Aston Martin, BP PLC, British Telecom, Cellular Goods, Centrica, Glencore Xstra, British Airways, Intertek, Royal Mail, Spirax, Serco,

LSE:AFC AFC Energy Close Mid-Price: 49.75 Percentage Change: -5.24% Day High: 52.5 Day Low: 48.75

Weakness on AFC Energy below 48.75 will invariably lead to 46 with second ……..

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LSE:AML Aston Martin Close Mid-Price: 1783.5 Percentage Change: -2.51% Day High: 1841 Day Low: 1784.5

Target met. If Aston Martin experiences continued weakness below 1784.5, ……..

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LSE:BP. BP PLC. Close Mid-Price: 344.45 Percentage Change: + 1.92% Day High: 347.75 Day Low: 337.3

Further movement against BP PLC ABOVE 347.75 should improve acceleration ……..

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LSE:BT.A British Telecom Close Mid-Price: 151.45 Percentage Change: -4.66% Day High: 153 Day Low: 146.35

Target met. If British Telecom experiences continued weakness below 146.3 ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 7.9 Percentage Change: + 12.86% Day High: 8.38 Day Low: 7.3

In the event of Cellular Goods enjoying further trades beyond 8.4, the sh ……..

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LSE:CNA Centrica. Close Mid-Price: 58.34 Percentage Change: + 1.07% Day High: 58.56 Day Low: 57.56

Target met. Further movement against Centrica ABOVE 58.56 should improve ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 355 Percentage Change: + 1.23% Day High: 360.65 Day Low: 349.8

Continued trades against GLEN with a mid-price ABOVE 360.65 should improv ……..

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LSE:IAG British Airways Close Mid-Price: 187.9 Percentage Change: -0.06% Day High: 193.7 Day Low: 186.74

Target met. All British Airways needs are mid-price trades ABOVE 193.7 t ……..

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LSE:ITRK Intertek Close Mid-Price: 4795 Percentage Change: -1.48% Day High: 4903 Day Low: 4796

Target met. If Intertek experiences continued weakness below 4796, it wil ……..

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LSE:RMG Royal Mail Close Mid-Price: 407 Percentage Change: -2.30% Day High: 416.3 Day Low: 407.1

If Royal Mail experiences continued weakness below 407.1, it will invaria ……..

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LSE:SPX Spirax Close Mid-Price: 14575 Percentage Change: -1.29% Day High: 14865 Day Low: 14530

Target met. In the event Spirax experiences weakness below 14530 it calcu ……..

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LSE:SRP Serco Close Mid-Price: 130.6 Percentage Change: -1.36% Day High: 133.1 Day Low: 130

If Serco experiences continued weakness below 130, it will invariably lea ……..

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

#Brent #DAX Sometimes it feels like the market is deliberately spiteful. Three weeks ago, we opted to restrict our Barclays coverage to a single sentence, demanding the price needed go below 174p for concern. Ten days later, it teased by bouncing from 174.26p, crucially not breaking the trigger, and doing very little since. Given the care taken by the market to avoid the 174p level, it appears certain our sums were correct.

While below 174p remains problematic, still pointing at a bottom of 167p with secondary, if broken, down at 155p, we’re inclined toward some hope.

Firstly, the price is trading above its pre-pandemic high.

Secondly, the price is trading above the downtrend since 2013.

Third, it very studiously failed to break our drop trigger level. So, it’s officially fingers crossed time!

 

Presently trading around 188p, the share only need better 192p to trigger gains in the direction of 198.7p. If bettered, our secondary (longer term or within a day or two!) calculates at 216p. The important thing about such a movement is it places the price firmly in a region where 240p becomes a Big Picture point of interest.

China Yuan vs UK Sterling We’ve never covered this before and a glance at the pairings behaviour since 2016 probably explains why. In terms of currency relationships, the picture is pretty calm and boring, stability doubtless a good thing given the quantity bought from China. There are early signs illustrating the potential for coming weakness, essentially suggesting traffic below 8.73 risks GBP weakening down to 8.50. If broken, as looks possible, our secondary (and hopefully bouncy bottom) calculates at 8.09.

 

While we suspect weakness to be coming, there’s a fairly straightforward test required to ‘prove’ if the GB Pound is strengthening against the Yuan. At time of writing, the pair is around 8.735, needing above just 9.06 to trigger movement to an initial 9.253. Our secondary for the longer term, if bettered, works out at 9.620.

Our never-ending thanks to the folk who find adverts on this page worthy of a visit. I am told my wife is using the coffee fund to also buy dog treats!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:48:34PM	BRENT	79.16	77.51	77.1	76.36	78.75	79.31	79.605	80.64	77.85
12:50:27PM	GOLD	1760.97
12:52:34PM	FTSE	7065.31									‘cess
12:54:33PM	FRANCE	6540.5									‘cess
12:56:53PM	GERMANY	15247	15053	15016	14931	15178	15275	15374	15506	15104
12:59:22PM	US500	4353									‘cess
1:02:26PM	DOW	34296									‘cess
1:04:23PM	NASDAQ	14771									‘cess
1:06:41PM	JAPAN	29043									Success

 

 

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

********

Updated charts published on : Asos, Aviva, BALFOUR BEATTY, Barrett Devs, Cellular Goods, Foxtons, Genel, Intertek, Polymetal, Royal Mail, Speedyhire, Spirax, Vodafone,

LSE:ASC Asos Close Mid-Price: 2965 Percentage Change: -1.23% Day High: 2980 Day Low: 2911

Weakness on Asos below 2911 will invariably lead to 2630 with secondary, ……..

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LSE:AV. Aviva Close Mid-Price: 393.8 Percentage Change: -0.53% Day High: 396.2 Day Low: 387.4

Continued weakness against AV. taking the price below 387.4 calculates as ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 272.8 Percentage Change: + 0.66% Day High: 274.8 Day Low: 266.4

Target met. If BALFOUR BEATTY experiences continued weakness below 266.4, ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 654 Percentage Change: -0.97% Day High: 656 Day Low: 643.6

Target met. Continued weakness against BDEV taking the price below 643.6 ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 7 Percentage Change: + 4.79% Day High: 7.9 Day Low: 6.6

Continued trades against CBX with a mid-price ABOVE 7.9 should improve th ……..

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LSE:FOXT Foxtons Close Mid-Price: 49.9 Percentage Change: -0.20% Day High: 49.95 Day Low: 47.15

Target met. Weakness on Foxtons below 47.15 will invariably lead to 44.5 ……..

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LSE:GENL Genel. Close Mid-Price: 148.8 Percentage Change: + 4.49% Day High: 149.6 Day Low: 138

All Genel needs are mid-price trades ABOVE 149.6 to improve acceleration ……..

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LSE:ITRK Intertek Close Mid-Price: 4867 Percentage Change: -2.21% Day High: 4921 Day Low: 4845

In the event Intertek experiences weakness below 4845 it calculates with ……..

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LSE:POLY Polymetal Close Mid-Price: 1228 Percentage Change: -2.38% Day High: 1260 Day Low: 1226

Continued weakness against POLY taking the price below 1226 calculates as ……..

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LSE:RMG Royal Mail Close Mid-Price: 416.6 Percentage Change: -1.09% Day High: 425.2 Day Low: 414.3

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LSE:SDY Speedyhire Close Mid-Price: 63.1 Percentage Change: -0.79% Day High: 64.1 Day Low: 62.9

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LSE:SPX Spirax Close Mid-Price: 14765 Percentage Change: -1.37% Day High: 15010 Day Low: 14660

Weakness on Spirax below 14660 will invariably lead to 14620p with second ……..

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LSE:VOD Vodafone Close Mid-Price: 112.2 Percentage Change: -0.97% Day High: 113.34 Day Low: 111.7

Target met. Continued weakness against VOD taking the price below 111.7 c ……..

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

#FTSE #WallSt & Fiskars

Some extraordinary levels of customer service drew Fiskars to our attention. We’d never heard of them, despite the company being around 500 years old. While relative newbies compared to Aberdeen Harbour (nearly 1,000 years), the company own Gerber***, makers of the fantastic multi-tool which seems to last forever.

Except, my own Gerber experienced a snap on the narrow screwdriver head. The tool was about 15 years old, my ‘goto’ device when literally doing anything but the challenge of an electric component proved a step too far. I’d often wondered just what could make a Gerber fail as, utterly aghast at it being the screws holding a plug socket together. Someone suggested contacting the supplier, probably in an effort to stop my moans, and tongue in cheek, I did so. Admitted the receipt for the 89 quid tool was long gone, asking if they operated a repair operation or could supply spare parts was a reasonable approach. It transpired Gerber tools have a 25 year warranty and all that was required was a photograph of the calamity, so they could consider my case.

This was on Wednesday and a photograph was emailed on Thursday. Later in the day, they again emailed, telling to expect a free replacement in a few days! And to just hang onto the old Gerber.

Obviously, deciding to check out the company more fully led to the discovery of their owner, Fiskars Group, a company from Finland with a listing on London, priced in Euro’s. Expecting the price to be soaring, it was a mild surprise to note it’s currently in a slight reversal cycle. Presently trading around 19€, it appears weakness below 18.9 risks reversal to an initial 17.44€ with a pretty strong argument favouring a bounce. Should the 17.44 level break, eventual bottom calculates down at 14€ and we’d suggest it worth watching for a real bounce.

While our experience with their customer service risks our attitude being rose tinted, the converse scenario allows movement above 20€ to point at recovery to an initial 22€. If bettered, a fascinating longer term cycle to an eventual 31€ looks extremely possible. Hopefully it shall not take another 500 years!

***Do not confuse Gerber multi-tools with junk copies sold in petrol stations or found in Xmas crackers.

FTSE for Friday (FTSE:UKX) This week has been fascinating with the FTSE. In North America, and to a lesser degree, Europe, stock markets are proving quite volatile. Whether it’s a Covid-19 thing or, more possibly, related to China Evergrande again missing bond payments, watching the FTSE somehow managing to avoid slavishly follow the rest of the world proved a welcome relief. It almost makes us wonder if the UK markets position now means everything is ‘factored in’ and we’re at a level where some positive thought can be allowed. When we started our report on the FTSE last week, providing a confident attitude was a truly unusual experience. Despite other markets experience 2%+ down days, the FTSE maintained a stiff upper lip and a positive attitude remains available for the start of October.

Our favoured cliche, “if it ain’t going down, it’s going up” shall hopefully come into play anytime soon.

Near term, movements above 7143 look capable of triggering FTSE travel to an initial 7185 points. In the event London manages above 7185 points, things start to get interesting pretty fast as our secondary calculates at 7265 points. An ambition such as this secondary risks being ‘game changing’ for the longer term, presenting an official higher high and again giving considerable hope the market is breaking free of the hiatus which has been 2021.

 

The flip side of the coin comes, should London find sufficient excuse to wither below 7072 points. This scenario calculates with the potential of weakness to an initial 7053 points. If broken, our secondary works out at 7006 points.

Have a good weekend. Me, I’m planning the funeral for a posh set of pliers, my old Gerber.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:49:46PM	BRENT	78.33	76.5	75.93		78.04	79.28	79.53		77.85	Shambles
10:51:35PM	GOLD	1757.2	1722	1720		1741	1765	1770		1743	Success
10:53:58PM	FTSE	7078.83	7047	7021		7104	7105	7124		7053
10:56:01PM	FRANCE	6503.5	6488	6454.5		6533	6565	6572		6527	Success
10:57:52PM	GERMANY	15242	15193	15125.5		15319	15350	15377.5		15230
11:01:10PM	US500	4311.22	4302	4282.5		4365	4365	4378		4345	Shambles
11:04:18PM	DOW	33901	33822	33658		34170	34324	34374		34058
11:06:37PM	NASDAQ	14716	14683	14576		14850	14897	14932		14785	‘cess
11:08:59PM	JAPAN	29324	29248	29168.5		29413	29585	29617		29455	Success

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%

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:ASC Asos** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:PHP Primary Health** **LSE:RBD Reabold Resources PLC** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VEC Vectura** **

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Updated charts published on : Asos, Barclays, Barrett Devs, Cellular Goods, Centrica, 4D Pharma, Diageo, Foxtons, Genel, British Airways, National Glib, Omega Diags, Primary Health, Reabold Resources PLC, Royal Mail, Speedyhire, Spirax, Vectura,

LSE:ASC Asos Close Mid-Price: 3002 Percentage Change: -7.43% Day High: 3219 Day Low: 2967

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LSE:BARC Barclays. Close Mid-Price: 189.6 Percentage Change: + 0.97% Day High: 191.38 Day Low: 188.46

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LSE:BDEV Barrett Devs Close Mid-Price: 660.4 Percentage Change: -1.46% Day High: 660.8 Day Low: 646.4

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LSE:CBX Cellular Goods. Close Mid-Price: 6.68 Percentage Change: + 13.22% Day High: 6.95 Day Low: 5.88

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LSE:CNA Centrica. Close Mid-Price: 56.68 Percentage Change: + 0.64% Day High: 57.16 Day Low: 56.36

Continued trades against CNA with a mid-price ABOVE 57.16 should improve ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 60.4 Percentage Change: -0.33% Day High: 64 Day Low: 56

Target met. In the event 4D Pharma experiences weakness below 56 it calcu ……..

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LSE:DGE Diageo. Close Mid-Price: 3606 Percentage Change: + 1.25% Day High: 3666 Day Low: 3591.5

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LSE:FOXT Foxtons Close Mid-Price: 50 Percentage Change: -1.77% Day High: 51 Day Low: 49.05

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LSE:GENL Genel. Close Mid-Price: 142.4 Percentage Change: + 1.57% Day High: 145.2 Day Low: 138.6

Continued trades against GENL with a mid-price ABOVE 145.2 should improve ……..

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LSE:IAG British Airways Close Mid-Price: 178.5 Percentage Change: -4.38% Day High: 188.2 Day Low: 177.3

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LSE:NG. National Glib Close Mid-Price: 884.6 Percentage Change: -1.53% Day High: 903.6 Day Low: 883.8

Target met. In the event National Glib experiences weakness below 883.8 i ……..

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LSE:ODX Omega Diags Close Mid-Price: 45 Percentage Change: -4.26% Day High: 47 Day Low: 44.5

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LSE:PHP Primary Health Close Mid-Price: 150.9 Percentage Change: -0.40% Day High: 153.2 Day Low: 150.7

Target met. In the event Primary Health experiences weakness below 150.7 ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.16 Percentage Change: -15.79% Day High: 0.2 Day Low: 0.16

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LSE:RMG Royal Mail Close Mid-Price: 421.2 Percentage Change: -3.62% Day High: 448.7 Day Low: 417.2

Target met. Weakness on Royal Mail below 417.2 will invariably lead to 38 ……..

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LSE:SDY Speedyhire Close Mid-Price: 63.6 Percentage Change: -1.55% Day High: 65.9 Day Low: 63.6

Weakness on Speedyhire below 63.6 will invariably lead to 55 is ever pres ……..

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LSE:SPX Spirax Close Mid-Price: 14970 Percentage Change: -0.50% Day High: 15265 Day Low: 14925

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LSE:VEC Vectura Close Mid-Price: 164.6 Percentage Change: -0.24% Day High: 170.4 Day Low: 164.8

Continued trades against VEC with a mid-price ABOVE 170.4 should improve ……..

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