Author: T&T Staff

#FTSE #GOLD  The FTSE is currently exhibiting a bit of a “back to school” moment, the index value amusing itself by grinding against the Red uptrend since 2022. Currently this trend line represents a value of 7328 for the FTSE and as shown, the FTSE has assiduously avoided movement below Red, perhaps a good thing as there’s a heck of an argument promoting the concept of a visit to 7100 points currently.

The immediate big issue is shown on the chart inset which highlights the day closing price for the FTSE. By every standard, the market is painting a picture of a ‘Lower Low’, increasing our expectation which favours a pretty big reversal being imminent. As is always the case, there’s a caveat, this being evident by the respect being paid to Red on the chart below. In addition, another detail worthy of mention comes from a trend line we couldn’t be bothered drawing as it confuses the issue.

This trend line is one which represents Closing Prices and currently, it’s at 7347 points. With the index closing Thursday at 7354 points, it was slightly above the trend from every argument we could throw at it, again carrying a subtle implication some strength may be present.

All of this is a long winded way of suggesting Friday may be a day, where the FTSE exhibits some positive behaviour, rather than the current low level drone of imminent doom which sounds like a choir of politicians practicing cheerful Xmas music while watching expense receipts burn.

FTSE for Friday. Now we’ve adopted the (possibly naive) stance of expecting some market gains on Friday. Based on movements in the last week, above 7397 calculates with the potential of a near term lift to an underwhelming 7417 points. If exceeded, our secondary works out at a more useful 7455 points. If triggered, the tightest stop loss level looks like 7350 points and gives a fairly reasonable risk/reward scenario.

Our alternate game plan for reversal allows below 7324 points triggering reversals to an initial 7259 points with our secondary, if broken, currently working out at 7096 points. Perhaps any visit to the 7100 level shall be scheduled for the end of October and Halloween. After all, no-one said the market doesn’t have a sense of humour.

Have a good weekend and hopefully, a better Grand Prix than last weeks US shambles.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:10:33PM	BRENT	87.46	87.98	85.605	83.23	89.44	89.61	91.125	92.88	88.09
9:12:44PM	GOLD	1985.64	1971	1969	1954	1986	1994	1998	2013	1981	‘cess
9:15:26PM	FTSE	7343.75	7324	7313	7273	7364	7401	7424	7457	7346	Success
9:25:01PM	STOX50	4039.3	4014	3985	3952	4044	4066	4077	4098	4036	‘cess
9:28:16PM	GERMANY	14687	14641	14591	14472	14777	14800	14852	14920	14726	Success
9:31:56PM	US500	4146.73	4127	4098	3997	4174	4185	4202	4227	4151	‘cess
9:41:33PM	DOW	32816	32723	32575	32048	32830	33018	33052	33160	32869	Success
9:43:36PM	NASDAQ	14131	14050	13986	13533	14250	14376	14428	14554	14176
9:46:41PM	JAPAN	30574	30457	30369	30212	30670	30899	30994	31173	30674

 

26/10/2023 FTSE Closed at 7354 points. Change of -0.81%. Total value traded through LSE was: £ 5,215,729,676 a change of -2.48%

25/10/2023 FTSE Closed at 7414 points. Change of 0.34%. Total value traded through LSE was: £ 5,348,410,782 a change of 19.98%

24/10/2023 FTSE Closed at 7389 points. Change of 0.2%. Total value traded through LSE was: £ 4,457,908,651 a change of 13.65%

23/10/2023 FTSE Closed at 7374 points. Change of -0.38%. Total value traded through LSE was: £ 3,922,414,231 a change of -25.79%

20/10/2023 FTSE Closed at 7402 points. Change of -1.29%. Total value traded through LSE was: £ 5,285,642,202 a change of 11.3%

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CPI Capita** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:SDY Speedyhire** **LSE:STAN Standard Chartered** **

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Updated charts published on : Aston Martin, BALFOUR BEATTY, Cellular Goods, Capita, IQE, ITV, Just Eat, Natwest, Oxford Instruments, Speedyhire, Standard Chartered,

LSE:AML Aston Martin Close Mid-Price: 209.4 Percentage Change: -2.79% Day High: 212.6 Day Low: 205

Target met. Continued weakness against AML taking the price below 205 cal ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 295.4 Percentage Change: -1.14% Day High: 297.8 Day Low: 292.8

In the event BALFOUR BEATTY experiences weakness below 292.8 it calculate ……..

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LSE:CAR Carclo Close Mid-Price: 10.25 Percentage Change: -2.38% Day High: 0 Day Low: 0

If Carclo experiences continued weakness below 10.50, it will invariably ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.34 Percentage Change: -9.33% Day High: 0.38 Day Low: 0.32

Target met. In the event Cellular Goods experiences weakness below 0.32 i ……..

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LSE:CPI Capita Close Mid-Price: 15.47 Percentage Change: -2.52% Day High: 15.86 Day Low: 15.28

Weakness on Capita below 15.28 will invariably lead to 14.5p with seconda ……..

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LSE:IQE IQE Close Mid-Price: 14 Percentage Change: -3.05% Day High: 14.52 Day Low: 13.92

Target met. Continued weakness against IQE taking the price below 13.92 c ……..

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LSE:ITV ITV Close Mid-Price: 62.02 Percentage Change: -0.64% Day High: 62.88 Day Low: 61.26

Target met. Weakness on ITV below 61.26 will invariably lead to 59.6p wit ……..

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LSE:JET Just Eat Close Mid-Price: 914 Percentage Change: -2.14% Day High: 928.5 Day Low: 890

Continued weakness against JET taking the price below 890 calculates as l ……..

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LSE:NWG Natwest Close Mid-Price: 205.8 Percentage Change: -0.39% Day High: 206.8 Day Low: 202.7

Weakness on Natwest below 202.7 will invariably lead to 201p with seconda ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1748 Percentage Change: -1.69% Day High: 1760 Day Low: 1634

Target met. Continued weakness against OXIG taking the price below 1634 c ……..

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LSE:SDY Speedyhire Close Mid-Price: 27.75 Percentage Change: -3.65% Day High: 29.05 Day Low: 26.35

Target met. If Speedyhire experiences continued weakness below 26.35, it ……..

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LSE:STAN Standard Chartered Close Mid-Price: 625.2 Percentage Change: -12.44% Day High: 655 Day Low: 588.2

Target met. Weakness on Standard Chartered below 588.2p will invariably l ……..

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

#Gold_Futures #Stoxx50  This week, we’ve been reviewing a few shares where the prices achieve a logical bottom and should be bounce, yet are failing to do so. This seems to have struck a chord with a few folks invested in oil services company Petrofac finding themselves nominated for a hard look. We previously reviewed them in 2022, giving a series of recovery triggers which have been conspicuously ignored and now, if you look at the chart and turn your head ‘just so’, there’s a possibility the share price is avoiding a downtrend since 2013!

When the price managed to hit 45p earlier this year, the visual impression is of the market almost panicking by gapping the price upward the next day, generally a pretty certain signal of an oops moment, one of these times where the market realises it was skating on very thin ice. From movements in the period since, now below 45p threatens a visit down to 36p and that’s it. We cannot calculate below such a level without prefacing any number with a minus sign. Making matters worse, when we review this from a Big Picture perspective, 45p is highlighted as a logical ultimate bottom.

While the share value has managed to bounce up to just above 80p, it failed to set the market on fire and once again, appears to be messing around while awaiting sufficient excuse for a proper recovery movement.

 

From a near term perspective, it’s apparently the case where above 58p should trigger recovery to an initial 72p. This is liable to become a pretty significant number, breaking above the 10 year Blue downtrend and allowing us to introduce a future 92p as our secondary ambition. Such a target level is visually almost too attractive as a few gift, permitting the share to exhibit an important “higher high” at a price level where we really must update the future potentials. We can provide a third level ambition at 111p but, to be fair, any initiative which allows this to close at a higher level than achieved during this year shall be crucial, introducing an element which produces the potential of sharp game changing gains and therefore, making us quite nervous.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:06:25PM	BRENT	8893.6									Shambles
10:16:53PM	GOLD	1979.14	1963	1958	1949	1979	1985	1990	2002	1976
10:19:52PM	FTSE	7395.1
10:22:16PM	STOX50	4048	4040	4024	4001	4065	4087	4099	4134	4050
10:24:43PM	GERMANY	14805.7
10:27:30PM	US500	4187.6									Success
10:29:47PM	DOW	33065
10:32:05PM	NASDAQ	14374									Success
10:34:14PM	JAPAN	30949

 

25/10/2023 FTSE Closed at 7414 points. Change of 0.34%. Total value traded through LSE was: £ 5,348,410,782 a change of 19.98%

24/10/2023 FTSE Closed at 7389 points. Change of 0.2%. Total value traded through LSE was: £ 4,457,908,651 a change of 13.65%

23/10/2023 FTSE Closed at 7374 points. Change of -0.38%. Total value traded through LSE was: £ 3,922,414,231 a change of -25.79%

20/10/2023 FTSE Closed at 7402 points. Change of -1.29%. Total value traded through LSE was: £ 5,285,642,202 a change of 11.3%

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:EXPN Experian** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:QED Quadrise** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **

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Updated charts published on : Aston Martin, Carclo, Capita, Experian, Hargreaves Lansdown, IG Group, IQE, ITV, Lloyds Grp., Natwest, Ocado Plc, Oxford Instruments, Quadrise, Speedyhire, Spirax,

LSE:AML Aston Martin Close Mid-Price: 215.4 Percentage Change: -1.73% Day High: 218.6 Day Low: 208.6

Weakness on Aston Martin below 208.6 will invariably lead to 205 with sec ……..

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LSE:CAR Carclo Close Mid-Price: 10.5 Percentage Change: -4.98% Day High: 0 Day Low: 0

Continued weakness against CAR taking the price below 0 calculates as lea ……..

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LSE:CPI Capita Close Mid-Price: 15.87 Percentage Change: -4.28% Day High: 16.5 Day Low: 15.71

Target met. If Capita experiences continued weakness below 15.71, it will ……..

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LSE:EXPN Experian. Close Mid-Price: 2426 Percentage Change: + 0.62% Day High: 2472 Day Low: 2366

Weakness on Experian below 2366 will invariably lead to 2355p with second ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 692.8 Percentage Change: + 0.35% Day High: 697.8 Day Low: 676.4

If Hargreaves Lansdown experiences continued weakness below 676.4, it wil ……..

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LSE:IGG IG Group Close Mid-Price: 611 Percentage Change: -0.81% Day High: 617.5 Day Low: 608

In the event IG Group experiences weakness below 608 it calculates with a ……..

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LSE:IQE IQE Close Mid-Price: 14.44 Percentage Change: -4.50% Day High: 15.4 Day Low: 14.26

Target met. If IQE experiences continued weakness below 14.26, it will in ……..

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LSE:ITV ITV Close Mid-Price: 62.42 Percentage Change: -2.62% Day High: 64.02 Day Low: 62.18

If ITV experiences continued weakness below 62.18, it will invariably lea ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 41.46 Percentage Change: + 2.18% Day High: 41.56 Day Low: 39.55

Target met. Weakness on Lloyds Grp. below 39.55 will invariably lead to 3 ……..

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LSE:NWG Natwest Close Mid-Price: 206.6 Percentage Change: -0.58% Day High: 208.9 Day Low: 204.2

If Natwest experiences continued weakness below 204.2, it will invariably ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 460 Percentage Change: -9.38% Day High: 501.2 Day Low: 446

Target met. Continued weakness against OCDO taking the price below 446 ca ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1778 Percentage Change: -1.33% Day High: 1818 Day Low: 1764

Target met. Weakness on Oxford Instruments below 1764 will invariably lea ……..

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LSE:QED Quadrise. Close Mid-Price: 0.8 Percentage Change: + 6.80% Day High: 0.68 Day Low: 0.68

Quadrise share price requires to recover ABOVE 1.25 to wipe the drop poten ……..

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LSE:SDY Speedyhire Close Mid-Price: 28.8 Percentage Change: -5.88% Day High: 30.65 Day Low: 29.05

Continued weakness against SDY taking the price below 29.05 calculates as ……..

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LSE:SPX Spirax Close Mid-Price: 8058 Percentage Change: -0.52% Day High: 8138 Day Low: 7946

Target met. If Spirax experiences continued weakness below 7946, it will ……..

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

#Goldrush #Nasdaq #FTSE  There are a bunch of shares where prices dropped to what we call a “logical bottom” at the start of October and we’ve been emailed for our opinion. Some shares are experiencing half hearted bounces. Some can almost justify “real” bounces. Hopefully our calculations for Greatland prove as accurate as our last review in December 2020, when we’d given criteria for a successful 35p, along with criteria for reversal to 12p and worse. Both scenario came to fruition!

We’d initially become interested in Greatland, due to their operations in the areas where the hero of TV’s “Gold Rush” was exploring, intending to open his own operations in Australia. Needless to say, the pandemic stuck its oar in with Australia becoming off limits for a few years and so far, there’s been not a single clue on telly whether the documentary program intends return. However, it is perhaps of note the sheer number of shares currently exploring what we call logical bottoms and if it were not for the case the FTSE has not yet achieved a visit to the 7100 level, we’d be advocating sharp price recovery. Unfortunately, with the FTSE currently several hundred points above our suspected drop target, if the principal UK index intends to continue creating difficult trading conditions, it’s unlikely share prices will suddenly start behaving themselves.

Then again, perhaps the drop in the FTSE to 7324 shall be deemed sufficiently close to our 7100 target, so we’re maybe being hesitant for no reason. Our inclination is to suspect the worst and we should doubtless stop scanning the markets looking for logical bottoms until such time world peace breaks out, interest rates regain sanity, and Brent Crude relaxes to 57 dollars…

 

If we adopt the stance Greatland has perhaps bottomed, what signals shall be worth watching for, if playing at “Catch the Bounce?”

Trading above just 7.95p looks like it should trigger share price recovery to an initial 9.8p with secondary, if bettered, calculating at a longer term 12.8p. This secondary target looks pretty significant from a Big Picture perspective, the share price needing to close above such a level to introduce the potential of “real” recovery, offering slight succour to those who’ve been trapped since the highs of 2021. Unfortunately, there’s also something important which is worthy of mention.

The first couple of sessions this week produced some really odd share price movements for Greatland, almost like “they” didn’t want the price to go up just yet. As a result, we shall not be surprised if it falls back to the 6p level before a future attempt at bouncing.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:31:58PM	BRENT	8711.3									‘cess
9:34:22PM	GOLD	1971.68									‘cess
9:38:58PM	FTSE	7401	7325	7312	7262	7371	7432	7442	7481	7378	‘cess
9:41:30PM	STOX50	4069.4									‘cess
9:44:56PM	GERMANY	14907.3									‘cess
9:47:18PM	US500	4247.6									‘cess
9:50:30PM	DOW	33230.5
9:53:04PM	NASDAQ	14726.8	14598	14514	14402	14710	14850	14880	14918	14694	‘cess
9:55:46PM	JAPAN	31247									‘cess

 

24/10/2023 FTSE Closed at 7389 points. Change of 0.2%. Total value traded through LSE was: £ 4,457,908,651 a change of 13.65%

23/10/2023 FTSE Closed at 7374 points. Change of -0.38%. Total value traded through LSE was: £ 3,922,414,231 a change of -25.79%

20/10/2023 FTSE Closed at 7402 points. Change of -1.29%. Total value traded through LSE was: £ 5,285,642,202 a change of 11.3%

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%

16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%

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:EXPN Experian** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : Barclays, Experian, IQE, Lloyds Grp., Natwest, Oxford Instruments,

LSE:BARC Barclays Close Mid-Price: 134.64 Percentage Change: -6.53% Day High: 139.86 Day Low: 129.58

Target met. If Barclays experiences continued weakness below 129.58, will ……..

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LSE:EXPN Experian Close Mid-Price: 2411 Percentage Change: -10.27% Day High: 2706 Day Low: 2410

Target met. If Experian experiences continued weakness below 2410, it wil ……..

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LSE:IQE IQE Close Mid-Price: 15.12 Percentage Change: -5.14% Day High: 16.06 Day Low: 15.1

Target met. Weakness on IQE below 15.1 will invariably lead to 14p with s ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 40.58 Percentage Change: -2.03% Day High: 40.87 Day Low: 40

Target met. In the event Lloyds Grp. experiences weakness below 40 it cal ……..

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LSE:NWG Natwest Close Mid-Price: 207.8 Percentage Change: -3.48% Day High: 211.8 Day Low: 206.9

Target met. In the event Natwest experiences weakness below 206.9 it calc ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1802 Percentage Change: -1.74% Day High: 1824 Day Low: 1786

If Oxford Instruments experiences continued weakness below 1786, it will ……..

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

#Gold #SP500  With our subject for this weeks “Readers Request” being a Diversified Energy, a company we’ve never come across, it was initially a bit of a puzzle why anyone would be interested. They are oil & gas focussed, work in the USA, and listed in London and boast a pretty informative website. The chart below shows a pretty straightforward reason for our hesitation, the share price currently enjoying plumbing the depths of lower lows!

All things considered, there’s actually a pretty grim argument favouring us mentioning it’s on a cycle to a potential bottom of just 52p, effectively a return to a price level last seen when the listing commenced back in 2017. We’d certainly have some concerns if the share price discovered an excuse to sink below the recent 64p as this would doubtless herald a final tumble to a hopeful bottom. We cannot confidently calculate anything below 52p, so that alone gives some (slight) hope for a bounce if such a silly looking drop target materialises.

However, since the share reached the 64p level at the start of this month, there have been some fascinating share price movements which suggest the share price is currently about to weaken down to 70p, hopefully discovering a trampoline level. Any bounce capable of exceeding 78p calculates with the potential of a lift to 85p with our longer term secondary, if exceeded, working out at a future 98p. Our argument is based on the Big Picture already suggesting 64p should be regarded as a bottom and despite current grotty market conditions, this should be heading upward.

One funny thing about our calculation which proposed a future 98p, this will effectively represent a “higher high” with the result, closure above such a price level should send a clear signal to hold on and wait, the Big Picture giving some pretty interesting future potentials which, to be fair, we shall need revisit if 98p makes an appearance. We’re the first to admit our abilities in this time machine game are just a little lacking.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:04:24PM	BRENT	8923.7								8985
10:09:09PM	GOLD	1972.44	1979	1962	1950	1975	1980	1984	1988	1971
10:11:36PM	FTSE	7354.9								7366
10:14:54PM	STOX50	4030.5								4024	‘cess
10:20:02PM	GERMANY	14775.4								14750	‘cess
10:24:03PM	US500	4225.4	4199	4179	4153	4224	4256	4260	4284	4230
10:26:41PM	DOW	32996								33063
10:36:19PM	NASDAQ	14647.5								14635	Shambles
10:39:18PM	JAPAN	31062								31056

 

23/10/2023 FTSE Closed at 7374 points. Change of -0.38%. Total value traded through LSE was: £ 3,922,414,231 a change of -25.79%

20/10/2023 FTSE Closed at 7402 points. Change of -1.29%. Total value traded through LSE was: £ 5,285,642,202 a change of 11.3%

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%

16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%

13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%

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:AAL Anglo American** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Anglo American, Barrett Devs, Cellular Goods, Carnival, EasyJet, Hargreaves Lansdown, IG Group, ITM Power, Natwest, Oxford Instruments, Primary Health, Spirax, Taylor Wimpey,

LSE:AAL Anglo American Close Mid-Price: 2031.5 Percentage Change: -1.43% Day High: 2050.5 Day Low: 1989.8

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LSE:BDEV Barrett Devs. Close Mid-Price: 398.1 Percentage Change: + 1.48% Day High: 398.5 Day Low: 384.2

If Barrett Devs experiences continued weakness below 384.2, it will invar ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.38 Percentage Change: -6.25% Day High: 0.4 Day Low: 0.38

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LSE:CCL Carnival. Close Mid-Price: 830.8 Percentage Change: + 2.37% Day High: 832.6 Day Low: 793

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LSE:EZJ EasyJet. Close Mid-Price: 364.4 Percentage Change: + 1.25% Day High: 365.2 Day Low: 350.4

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 695.2 Percentage Change: -0.69% Day High: 699.6 Day Low: 683.4

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LSE:IGG IG Group. Close Mid-Price: 621.5 Percentage Change: + 0.57% Day High: 627 Day Low: 610.5

If IG Group experiences continued weakness below 610.5, it will invariabl ……..

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LSE:ITM ITM Power. Close Mid-Price: 67.98 Percentage Change: + 2.26% Day High: 68.66 Day Low: 63.56

Target met. Weakness on ITM Power below 63.56 will invariably lead to 62p ……..

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LSE:NWG Natwest Close Mid-Price: 215.3 Percentage Change: -1.46% Day High: 219.2 Day Low: 214.7

Target met. Continued weakness against NWG taking the price below 214.7 c ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1834 Percentage Change: -0.65% Day High: 1852 Day Low: 1790

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LSE:PHP Primary Health Close Mid-Price: 85.5 Percentage Change: -1.55% Day High: 86.4 Day Low: 84.3

Target met. Weakness on Primary Health below 84.3 will invariably lead to ……..

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LSE:SPX Spirax. Close Mid-Price: 8262 Percentage Change: + 1.08% Day High: 8258 Day Low: 8094

In the event Spirax experiences weakness below 8094 it calculates with a ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 104.55 Percentage Change: -0.19% Day High: 106.2 Day Low: 102.3

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

#Brent #Dax  It all kicks off this week for the UK’s banking sector with Barclays due to issue a trading statement on Tuesday, Lloyds on Wednesday, and Natwest completing the misery on Friday. Something which is particularly bothersome is the state of the FTSE, along with the visual impression given by each of the banks share prices.

The problem we’re having is the series of “lower lows” currently exhibited, giving a pretty firm impression the market is anticipating the worst for the week(s) ahead. To use the FTSE as a case in point, it closed on Friday down at 7402 points, appearing unhealthily on track to discover a probable bottom level around 7100 points. Should this prove to be the case, it’s unlikely banking sector shares which all seem to be tracking the FTSE pattern, will produce any miracles.

But then again, the banks continue to snuffle at the trough of unrealistically high interest rates, so perhaps this shall provide some positive undeserved results. We use the term “undeserved”, feeling profits made as a result of actions outwith the banks control dare not be trusted as they rely on a scenario where the bank has no input. But then again, the UK retail banks surely deserve some sort of break as they continue to trail behind other countries.

 

The immediate situation for Lloyds suggests weakness below 41.3 should trigger reversal down to an initial 40.1 and perhaps a bounce. But should 40.1 break, our secondary calculates down at 38.2p, along with a reasonable expectation for a halt to reversals, if historical precedent can be trusted.

Our alternate scenario for some positive movement allows for above Blue – presently 45p – to hopefully trigger share price recovery to an initial 46.6p with our secondary, if bettered, at 50p and some hesitation.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
6:26:07PM	BRENT	9123.5	8908	8796	8639	9096	9267	9302	9451	9164
6:28:14PM	GOLD	1980.91								1972
6:30:31PM	FTSE	7382.3								7446
6:32:18PM	STOX50	4021.3								4045
6:34:36PM	GERMANY	14781.9	14780	14696	14522	14918	14985	15071	15168	14896
6:36:46PM	US500	4219.1								4256
6:40:33PM	DOW	33089								33210
6:42:59PM	NASDAQ	14546.6								14691
6:49:45PM	JAPAN	31010								31221

 

20/10/2023 FTSE Closed at 7402 points. Change of -1.29%. Total value traded through LSE was: £ 5,285,642,202 a change of 11.3%

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%

16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%

13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%

12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%

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:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:EME Empyrean** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:GRG Greggs** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:ITV ITV** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, Barrett Devs, Cellular Goods, Carnival, Empyrean, Experian, EasyJet, Greggs, Hargreaves Lansdown, British Airways, ITV, Natwest, Ocado Plc, Primary Health, Spirax, Taylor Wimpey,

LSE:AML Aston Martin Close Mid-Price: 219.8 Percentage Change: -3.43% Day High: 224.6 Day Low: 214.6

If Aston Martin experiences continued weakness below 214.6, it will invar ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 392.3 Percentage Change: -0.05% Day High: 393.7 Day Low: 387.6

Target met. In the event Barrett Devs experiences weakness below 387.6 it ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.4 Percentage Change: -5.88% Day High: 0.42 Day Low: 0.4

Continued weakness against CBX taking the price below 0.4 calculates as l ……..

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LSE:CCL Carnival Close Mid-Price: 811.6 Percentage Change: -4.52% Day High: 837.2 Day Low: 812.6

In the event Carnival experiences weakness below 812.6 it calculates with ……..

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LSE:EME Empyrean. Close Mid-Price: 0.73 Percentage Change: + 1.54% Day High: 0.7 Day Low: 0.6

Target met. If Empyrean experiences continued weakness below 0.6, it will ……..

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LSE:EXPN Experian. Close Mid-Price: 2642 Percentage Change: + 0.15% Day High: 2658 Day Low: 2603

In the event Experian experiences weakness below 2603 it calculates with ……..

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LSE:EZJ EasyJet Close Mid-Price: 359.9 Percentage Change: -1.23% Day High: 365.2 Day Low: 354

In the event EasyJet experiences weakness below 354 it calculates with a ……..

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LSE:GRG Greggs Close Mid-Price: 2282 Percentage Change: -1.13% Day High: 2304 Day Low: 2248

Continued weakness against GRG taking the price below 2248 calculates as ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 700 Percentage Change: + 1.13% Day High: 700.6 Day Low: 685

Continued weakness against HL. taking the price below 685 calculates as l ……..

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LSE:IAG British Airways Close Mid-Price: 138 Percentage Change: -2.68% Day High: 140.5 Day Low: 137.5

Target met. In the event British Airways experiences weakness below 137. ……..

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LSE:ITV ITV Close Mid-Price: 63.88 Percentage Change: -0.81% Day High: 64.48 Day Low: 63.36

Target met. In the event ITV experiences weakness below 63.36 it calculat ……..

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LSE:NWG Natwest Close Mid-Price: 218.5 Percentage Change: -1.75% Day High: 221.8 Day Low: 218

Weakness on Natwest below 218 will invariably lead to 216p with secondary ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 486.7 Percentage Change: -3.09% Day High: 509.2 Day Low: 474

Target met. Weakness on Ocado Plc below 474 will invariably lead to 460p ……..

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LSE:PHP Primary Health Close Mid-Price: 86.85 Percentage Change: -0.23% Day High: 89.45 Day Low: 86.05

If Primary Health experiences continued weakness below 86.05, it will inv ……..

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LSE:SPX Spirax Close Mid-Price: 8174 Percentage Change: -2.50% Day High: 8300 Day Low: 8106

Continued weakness against SPX taking the price below 8106 calculates as ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 104.75 Percentage Change: -0.19% Day High: 104.8 Day Low: 103.2

In the event Taylor Wimpey experiences weakness below 103.2 it calculates ……..

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

#FreeFutures  It often feels like the FTSE’s preferred stance is to nosedive, often without any valid reason. The media are perfectly capable of reporting this behaviour as; “Markets slide due to Interest Rate fears”, and then follow up with “Markets slide due to unchanged Interest Rates!” All things considered, there’s a growing inclination to suspect the days weather provides a better indicator than anything based on actual facts.

Logically (or at least from our version of logic), there’s a pretty good argument favouring the FTSE showing a positive day on Friday. On Thursday, when the index dipped down to 7490 points, it attained something we generally call a logical bottom, a point from which a rebound should occur. During the session, the market teased this level multiple times, hopefully giving the impression there was a broad awareness that things could become quite messy, if 7490 points broke. Such a calamity risks a sharp fall of yet another 120 points.

Glancing for confirmation at a local weather report for our part of Scotland concurs, the rain should allegedly stop in just 16 minutes and the temperature for Friday is a balmy 6c. There’s even a chance the winds shall be light, so it’s a day to look forward to and as a result, hopefully the market agrees and exhibits some recovery.

 

To dwell on the miserable scenario briefly, the immediate situation suggests below 7490 points threatens reversal to 7440 points initially with our secondary, should such a level break, calculating at an eventual bottom of 7372 points. If this scenario triggers, the tightest stop looks like 7540 points and, as always, if the trigger occurs in the opening seconds of trade, don’t trust it. It’s still the case when a spike downward at the open often is the precursor for movements in an entirely different direction.

 

However, something felts very contrived about Thursdays reversals. As a result, we are leaning toward optimism as above 7540 points should apparently trigger market recovery toward 7577 points. Our longer term secondary ambition is very tenuous at 7643 points but we fear our initial target shall experience some market turbulence. Essentially, beyond 7577 produces quite a range of conflicting ambitions and this sort of thing tends be the precursor for some stutters in any recovery cycle.

 

On the even brighter side, we are looking forward to the US Grand Prix this weekend, the track in Texas often capable of producing some real races. Have a good weekend.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:18:13PM	BRENT	9210	8976	8912		9090	9232	9258		9206	‘cess
10:20:59PM	GOLD	1973.99	1938	1929		1957	1978	1987		1946	‘cess
10:23:30PM	FTSE	7474.9	7469	7436		7530	7542	7570		7487	Success
10:26:49PM	STOX50	4056.4	4058	4044		4106	4102	4115		4080	‘cess
10:29:38PM	GERMANY	14938.6	14932	14851		15092	15103	15171		15013	Success
10:33:43PM	US500	4270.3	4266	4230		4287	4312	4326		4292	‘cess
10:38:03PM	DOW	33395	33360	33242		33512	33511	33528		33400	‘cess
10:42:08PM	NASDAQ	14742.5	14730	14604		14912	14912	14970		14821	Success
10:45:16PM	JAPAN	31260	31249	31210		31376	31560	31675		31417	‘cess

 

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%

16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%

13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%

12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%

11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%

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:CCL Carnival** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:SPX Spirax** **

********

Updated charts published on : Barrett Devs, Carnival, Experian, EasyJet, Hargreaves Lansdown, British Airways, Oxford Instruments, Primary Health, Spirax,

LSE:BDEV Barrett Devs Close Mid-Price: 392.5 Percentage Change: -2.39% Day High: 401.4 Day Low: 392.7

Weakness on Barrett Devs below 392.7 will invariably lead to 389 followed ……..

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LSE:CCL Carnival Close Mid-Price: 850 Percentage Change: -2.92% Day High: 866 Day Low: 837.8

Target met. Continued weakness against CCL taking the price below 837.8 ca ……..

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LSE:EXPN Experian Close Mid-Price: 2638 Percentage Change: -2.15% Day High: 2664 Day Low: 2613

Continued weakness against EXPN taking the price below 2613 calculates as ……..

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LSE:EZJ EasyJet Close Mid-Price: 364.4 Percentage Change: -2.72% Day High: 372.9 Day Low: 362.3

Continued weakness against EZJ taking the price below 362.3 calculates as ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 692.2 Percentage Change: -6.05% Day High: 714.4 Day Low: 693.2

Target met. Weakness on Hargreaves Lansdown below 693.2 will invariably l ……..

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LSE:IAG British Airways. Close Mid-Price: 141.8 Percentage Change: + 0.21% Day High: 142.6 Day Low: 139.85

If British Airways experiences continued weakness below 139.85, it will ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1874 Percentage Change: -0.43% Day High: 1902 Day Low: 1804

Continued weakness against OXIG taking the price below 1804 calculates as ……..

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LSE:PHP Primary Health Close Mid-Price: 87.05 Percentage Change: -2.52% Day High: 89.5 Day Low: 87.05

In the event Primary Health experiences weakness below 87.05 it calculate ……..

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LSE:SPX Spirax. Close Mid-Price: 8384 Percentage Change: + 2.39% Day High: 8448 Day Low: 8132

Weakness on Spirax below 8132 will invariably lead to 8068 with secondary ……..

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

#Gold #WallSt  Someone emailed, asking our opinion on what they described as a powerful “ramp” in the Daily Telegraph, one which was promoting shares in Diploma Plc. As shown below, the headline in the newspaper didn’t hold back, breathlessly ascribing superb potentials to this FTSE component with a quite varied range of interests.

Perhaps we’re overly cautious when discussing share prices but the reality of life, prices which rarely move in a straight line, tends legislate in favour of taking a balanced approach, especially as our thing is presenting target prices. Currently, we’re inclined toward nerves with Diploma as the share price really doesn’t need try terribly hard to provoke some fairly slight reversals.

At time of writing, the share is trading around 2918p, needing only to slip below 2854p to enter a cycle where reversal down to an initial 2804p looks very possible. Should this level break, despite  the possibility of a short term bounce, our secondary calculates at a hopeful bottom of 2623p, an ambition which is almost verified by the presence of the Red uptrend since the Pandemic inspired low of 2020. At this point, things do become a little interesting as should our secondary of 2623p indeed provoke a bounce, the Big Picture claims it’s entirely possible for the share to enter a cycle toward a future 3313p, along with a challenge against the Blue downtrend from 2021.

Above such a price level, we can currently calculate a future 3705p as a valid Big Picture target for some time in the future!

 

What’s a bit of a surprise with the foregoing is the degree of visual sense all these target numbers make. It’s almost too simple to present this scenario, arguing in favour of a price reduction prior to some upward acceleration in the future, doubtless culminating in a new all time high. Perhaps the person at the Torygraph who produced the optimistic article is actually on to something valid but given the share prices immediate picture, we’d caution about rushing out to buy any immediately as the visuals imply near term reversals are perfectly possible.

Currently the share price needs exceed 3053p before we’d willingly concede it’s starting a cycle of gains.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:30:15PM	BRENT	9029.6									Success
9:33:34PM	GOLD	1949.09	1934	1927	1915	1943	1963	1972	1995	1944	Success
9:36:03PM	FTSE	7577
9:45:28PM	STOX50	4092.4									‘cess
9:48:47PM	GERMANY	15052.4									‘cess
9:54:15PM	US500	4319.9									‘cess
9:57:10PM	DOW	33686	33596	33471	33244	33816	33910	34020	34162	33750	Success
10:00:04PM	NASDAQ	14944									Success
10:02:53PM	JAPAN	31647									‘cess

 

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%

16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%

13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%

12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%

11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%

10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%

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:BP. BP PLC** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:IAG British Airways** **LSE:JET Just Eat** **LSE:SPX Spirax** **

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Updated charts published on : Barrett Devs, BP PLC, Carnival, ECO (Atlantic) O & G, EasyJet, British Airways, Just Eat, Spirax,

LSE:BDEV Barrett Devs Close Mid-Price: 402.1 Percentage Change: -5.14% Day High: 422 Day Low: 400.3

Continued weakness against BDEV taking the price below 400.3 calculates a ……..

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View Previous Barrett Devs & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 558 Percentage Change: + 0.54% Day High: 562.2 Day Low: 554.7

Target met. Further movement against BP PLC ABOVE 562.2 should improve ac ……..

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View Previous BP PLC & Big Picture ***

LSE:CCL Carnival Close Mid-Price: 875.6 Percentage Change: -4.49% Day High: 916.2 Day Low: 873.8

Weakness on Carnival below 873.8 will invariably lead to 854p with second ……..

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View Previous Carnival & Big Picture ***

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 10 Percentage Change: + 4.17% Day High: 10.38 Day Low: 9.16

In the event ECO (Atlantic) O & G experiences weakness below 9.16 it calc ……..

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View Previous ECO (Atlantic) O & G & Big Picture ***

LSE:EZJ EasyJet Close Mid-Price: 374.6 Percentage Change: -4.10% Day High: 390.6 Day Low: 368.2

Target met. Weakness on EasyJet below 368.2 will invariably lead to 360p ……..

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LSE:IAG British Airways Close Mid-Price: 141.5 Percentage Change: -3.08% Day High: 144.8 Day Low: 140.9

Continued weakness against IAG taking the price below 140.9 calculates as ……..

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LSE:JET Just Eat Close Mid-Price: 1008 Percentage Change: -2.98% Day High: 1128 Day Low: 1008

Further movement against Just Eat ABOVE 1128 should improve acceleration ……..

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LSE:SPX Spirax Close Mid-Price: 8188 Percentage Change: -2.50% Day High: 8368 Day Low: 8176

Target met. If Spirax experiences continued weakness below 8176, it will ……..

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