FTSE for FRIDAY (FTSE:UKX) & A Brent update too (CCOM:OILBRENT)

#FTSE_futures With US Payrolls Friday, we’ve almost gotten to the point of ignoring the day as exuberant market swings have declined over the last few years. The “fun” of trying to make sense of a fistful of darts being thrown by the markets is now mostly absent yet we suspect this is what “they” want us to think.

After all, when the stock markets stop doing stupid things, it’s generally a sign they’re really gearing up toward something really offensive and when we step back and review some recent triggers which have been hit, things could go silly quite swiftly now. Brent Crude is a case in point.

We reviewed Brent a few weeks ago, warning of the risks should the $86 level break. This price level was toasted a couple of days ago and now, from an immediate perspective, we can report continued weakness below 83.4 looks capable of promoting a visit to 82.8 with secondary, if broken, calculating down at 80.4 dollars. But it may be worth remembering our threat of real danger, when the $86 dollar barrel sprung a leak, came from a Big Picture perspective as the stuff is now seen as trading in a zone where a cycle down to 75.8 is now suspected with secondary, if broken, at an eventual $57. The nicest thing about all this potential calamity comes from the tightest stop loss level, the product needing above $86 to greatly negate current weakness potentials or above $88.7 to cancel our calculations.

FTSE for FRIDAY.  Last Friday, we presented a scenario where the FTSE risks a trip down to 7392 points. On Monday, the FTSE indeed hit the trigger level and on Wednesday it hit our target, even exceeding it slightly before bouncing from 7384 points. For a few minutes, we even thought our target level was going to be exact but the FTSE had other ideas. This created a bit of a problem as the FTSE closed the day in dangerous territory and now risks the immediate future becoming unpleasant.

Now below 7384 points risks forcing a visit down to 7264 points with our secondary, if this level breaks, working out at an eventual 7103 points. Visually, neither ambition makes much sense but we’re a little worried as the last few weeks has seen the FTSE ‘stepping down’ in 100 point increments, pausing briefly at 7600, then 7500, and most recently, the 7400 point level. This makes our calculation giving the potential of an eventual bottom at 7103 points believable.

Our alternate, less grim scenario, is certainly easier on the eye.

Above 7478 points should hopefully trigger index recovery to an initial useless 7491 points with our secondary, if bettered, working out at 7565 points. If triggered, the tightest stop loss level looks like 7410 points.

 

Have a good weekend and enjoy the Grand Prix.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:26:57PM BRENT 8379 8335 8272 8182 8495 8599 8650 8755 8501
10:34:28PM GOLD 1819.82 1812 1788 1690 1835 1834 1848 1863 1814
10:36:19PM FTSE 7469 7409 7370 7327 7458 7498 7519 7565 7444
10:40:33PM STOX50 4113 4085 4070 4051 4117 4122 4147 4176 4084
10:42:41PM GERMANY 15108 15039 14989 14928 15099 15152 15171 15215 15094
10:44:41PM US500 4255.18 4227 4220 4203 4250 4271 4287 4307 4245
10:47:34PM DOW 33098.9 32925 32847 32738 33043 33174 33262 33413 33070
10:50:44PM NASDAQ 14717.98 14579 14483 14372 14674 14817 14906 15015 14740
10:54:02PM JAPAN 31027 30851 30015 28685 31148 31213 31576 32004 30945 ‘cess

 

5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:EME Empyrean** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:OXIG Oxford Instruments** **LSE:SPT Spirent Comms** **LSE:TSCO Tesco** **

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Updated charts published on : Aston Martin, Empyrean, ITV, Music Magpie, Oxford Instruments, Spirent Comms, Tesco,

LSE:AML Aston Martin Close Mid-Price: 244.4 Percentage Change: -7.56% Day High: 263.8 Day Low: 243.8

Continued weakness against AML taking the price below 243.8 calculates as ……..

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LSE:EME Empyrean Close Mid-Price: 0.75 Percentage Change: -4.57% Day High: 0.74 Day Low: 0.72

In the event Empyrean experiences weakness below 0.72 it calculates with ……..

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LSE:ITV ITV. Close Mid-Price: 66.54 Percentage Change: + 0.27% Day High: 67.24 Day Low: 65.08

If ITV experiences continued weakness below 65.08, it will invariably lea ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 25 Percentage Change: + 7.53% Day High: 25 Day Low: 22

Target met. All Music Magpie needs are mid-price trades ABOVE 25 to impro ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1976 Percentage Change: -3.84% Day High: 2045 Day Low: 1950

Target met. In the event Oxford Instruments experiences weakness below 19 ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 93.8 Percentage Change: + 4.11% Day High: 95.3 Day Low: 91

This is almost interesting as above 96 now suggests some recovery to 109p ……..

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LSE:TSCO Tesco. Close Mid-Price: 280.4 Percentage Change: + 3.58% Day High: 281.9 Day Low: 272.9

Target met. In the event of Tesco enjoying further trades beyond 281.9, t ……..

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

Tesco Plc (LSE:TSCO) and market farces

#Gold #Japan_Futures  With the price of Crude oil experiencing sharp falls, it’s been puzzling watching organisations such as Bloomberg and Reuters trying to invent reasons for the sharp reversal. Reuters excelled themselves, blaming a strong dollar and profit taking, whereas Bloomberg laid the blame firmly at the feet of future interest rate increase fears. Quite why neither organisation chose to report on hard facts was a puzzle. Internationally, high prices has been causing a lack in demand with US gasoline demand reported to be at the lowest level since 2001. It’s a fairly big rule in the market place, price a product at too high a level and people stop buying it. In the USA, crude oil stock levels remain high with gasoline levels up by 6.5 million barrels over their seasonal norm.

This nonsense has a fair bit to do with Tesco who proudly announced they are cutting prices on 2,500 products by an average of 12%. Cutting to the chase, it’s safe to suggest the company have noticed changes in buying habits and now, are in a panic cycle to try and maintain sales levels. Hopefully the company also respond to changes in prices of oil with reductions in their forecourts, an area where Tesco has been notoriously greedy.

 

Tesco share price has been trapped under an obvious downtrend for quite some time and now, needs very little work to suggest some “proper” movement upwards. At present, if this Blue downtrend since 2007 is indeed valid, it appears above just 284p should promote – from a Big Picture Perspective –  the concept of share price recovery to an initial 312p with secondary, if bettered, a longer term 362p. Visually, it looks probable any future visit to 362p shall experience some price hesitation, due to the share experiencing some difficulty with this price level back in 2013. There’s always going to be a bunch of folk delighted to Bail At Break Even and reclaim their funds, doubtless forever distrusting supermarket shares.

If things intend go wrong with the share price, below 254p risks being the first indicator capable of triggering reversal to 227 with secondary, if broken, at 208p and hopefully a bounce.

 

Finally, remaining on the subject of Tesco, a recent personal calamity finally answered a question about something Americans eat, the fabled Peanut Butter and Jelly (jam) sandwich. Simply due to a complete lack of attentions, a layer of strawberry jam was spread over toast, already covered with peanut butter. How bad could it be?

From personal taste, the answer was “very bad indeed”. Not even the dog would eat it and she’s usually fanatical about all three of the contents, just not all at the same time!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:12:49PM BRENT 8572.7 Success
9:16:10PM GOLD 1821.68 1815 1813 1723 1828 1856 1866 1883 1839
9:20:34PM FTSE 7418.8 Success
9:23:00PM STOX50 4110.3
9:28:05PM GERMANY 15136 ‘cess
9:31:39PM US500 4257.8 Success
9:33:55PM DOW 33087.5
10:08:46PM NASDAQ 14757.8 Success
10:11:23PM JAPAN 30700 30285 30258 30089 30466 30824 31008 31249 30556 ‘cess

 

4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%

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:CEY Centamin** **LSE:EME Empyrean** **LSE:FOXT Foxtons** **LSE:GRG Greggs** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:OXIG Oxford Instruments** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **

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Updated charts published on : Aston Martin, Centamin, Empyrean, Foxtons, Greggs, IG Group, ITV, Just Eat, Oxford Instruments, Spirent Comms, Spirax,

LSE:AML Aston Martin Close Mid-Price: 264.4 Percentage Change: -2.87% Day High: 278.2 Day Low: 253

Weakness on Aston Martin below 253 will invariably lead to 238p with seco ……..

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LSE:CEY Centamin Close Mid-Price: 79.7 Percentage Change: -2.03% Day High: 81 Day Low: 78.9

In the event Centamin experiences weakness below 78.9 it calculates with ……..

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LSE:EME Empyrean Close Mid-Price: 0.79 Percentage Change: -4.02% Day High: 0.75 Day Low: 0.75

Target met. Continued weakness against EME taking the price below 0.75 ca ……..

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LSE:FOXT Foxtons Close Mid-Price: 35.5 Percentage Change: -1.53% Day High: 36.05 Day Low: 35.5

In the event Foxtons experiences weakness below 35.5 it calculates with a ……..

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LSE:GRG Greggs Close Mid-Price: 2310 Percentage Change: -2.78% Day High: 2390 Day Low: 2280

Weakness on Greggs below 2280 will invariably lead to 2309p with secondar ……..

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LSE:IGG IG Group. Close Mid-Price: 625 Percentage Change: + 1.21% Day High: 628 Day Low: 614

Continued weakness against IGG taking the price below 614 calculates as l ……..

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LSE:ITV ITV Close Mid-Price: 66.36 Percentage Change: -1.34% Day High: 67.52 Day Low: 65.2

In the event ITV experiences weakness below 65.2 it calculates with a dro ……..

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LSE:JET Just Eat. Close Mid-Price: 967.5 Percentage Change: + 2.27% Day High: 972 Day Low: 917.5

If Just Eat experiences continued weakness below 917.5, it will invariabl ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2055 Percentage Change: -0.72% Day High: 2085 Day Low: 2030

Continued weakness against OXIG taking the price below 2030 calculates as ……..

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LSE:SPT Spirent Comms Close Mid-Price: 90.1 Percentage Change: -31.27% Day High: 94.95 Day Low: 79.75

Target met. Continued weakness against SPT taking the price below 79.75 c ……..

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LSE:SPX Spirax Close Mid-Price: 9254 Percentage Change: -0.32% Day High: 9346 Day Low: 9132

Target met. Weakness on Spirax below 9132 will invariably lead to 9114p w ……..

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

Oxford Biodynamics Plc (LSE:OBD) running up that hill

#FTSE #NASDAQ  Once again, we’re doing a “readers request” report, this time on Oxford Biodynamics thanks to a bunch of folk emailing about them. Share price movements since 2017 have certainly been interesting and we were able to calculate an “Ultimate Bottom” at 9.6p, a price level where the value has lingered for the last few months.

Obviously, with this “Ultimate Bottom” calculation, there is never a certainty of a bounce. It simply represents a price level below which we cannot calculate but with Oxford Biodynamics, the share has described some truly impressive movements, due to reports of their prostate cancer analysis being approved for the US market. Given once you pass 50, the medical profession was to test annually for everything they can think of, it’s probably safe to speculate Oxford now find themselves as a supplier to a regular massive market, especially due to their claim of a 94% diagnosis success rate.

 

It’s certainly very reassuring share price movements with the company are backed by solid news. From our perspective, at first glance it looked like a share enjoying a campaign from internet chat rooms, essentially being ramped to the heavens. But with positive news flow, it’s understandable and now, we can calculate some useful potentials for the future.

The immediate scenario allows for strength bettering 51p to provoke further gains to the 66p level. Our secondary, if such a point is exceeded, works out at 92p and a price level where we’d normally anticipate some hesitation, due to historical movements displaying a fascination for the 100p level. However, in this instance, we can present a scenario where if the price actually closes a session above 92p, there’s a lot of free air between this level and a future 159p and a need for us to once again review the tea leaves.

To end with the best we can scrape up as a note of warning, the share price needs slump below 17p to introduce panic. Hopefully the company don’t have some bad news hiding away.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:37:44PM BRENT 9063
9:41:11PM GOLD 1824.11 ‘cess
9:44:36PM FTSE 7477.75 7457 7439 7405 7490 7522 7545 7574 7486
9:47:39PM STOX50 4100.8 ‘cess
9:50:01PM GERMANY 15082.95
10:00:32PM US500 4228.38 ‘cess
10:05:03PM DOW 32980 Success
10:07:36PM NASDAQ 14583 14519 14465 14318 14603 14680 14723 14791 14578 Success
10:10:43PM JAPAN 30718 Success

 

3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%

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:BLOE Block Energy PLC** **LSE:CEY Centamin** **LSE:FOXT Foxtons** **LSE:JET Just Eat** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **

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Updated charts published on : Block Energy PLC, Centamin, Foxtons, Just Eat, National Glib, Oxford Instruments, Sainsbury,

LSE:BLOE Block Energy PLC Close Mid-Price: 1.1 Percentage Change: -4.35% Day High: 1.15 Day Low: 0.98

If Block Energy PLC experiences continued weakness below 0.98, it will in ……..

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LSE:CEY Centamin Close Mid-Price: 81.35 Percentage Change: -0.25% Day High: 81.8 Day Low: 80.55

If Centamin experiences continued weakness below 80.55, it will invariabl ……..

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LSE:FOXT Foxtons Close Mid-Price: 36.05 Percentage Change: -0.55% Day High: 36.9 Day Low: 35.7

Weakness on Foxtons below 35.7 will invariably lead to 34p next. If broke ……..

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LSE:JET Just Eat Close Mid-Price: 946 Percentage Change: -4.40% Day High: 979.5 Day Low: 932

Target met. In the event Just Eat experiences weakness below 932p it calc ……..

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LSE:NG. National Glib Close Mid-Price: 932 Percentage Change: -1.87% Day High: 947.8 Day Low: 921.2

Target met. If National Glib experiences continued weakness below 921.2, ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2070 Percentage Change: -3.72% Day High: 2200 Day Low: 2075

Target met. Weakness on Oxford Instruments below 2075 will invariably lea ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 248.4 Percentage Change: + 0.24% Day High: 250 Day Low: 244.1

Continued weakness against SBRY taking the price below 244.1 calculates a ……..

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

Watkin Jones Plc (LSE:WJG), where hats are hard…

#Gold #Dax  We’d to smile at the cover photo of Watkin Jones website. A construction building, littered with a bunch of folk wearing white hard hats and not a single real worker in sight, the lack of yellow or blue hard hats telling an unfortunate story as to who was viewed as important in getting the photo. In a different way, a recent article from Hong Kong managed to raise eyebrows, due to some workers on mainland China testing their hard hats for impact resistance.

It transpired the yellow hard hats issued to staff could barely resist a brick dropped from 2 metres, while white and blue hard hats were brick resistant up to 20 metres and above. The tale, emanating from a less regulative working environment, doubtless has its roots in someone saving money. From a UK perspective, it would never occur different colour hats had different safety standards.

 

Describing themselves as the UK’s leading “Residential for Rent Developer and Operator”, Watkin Jones certainly boast a portfolio of impressive projects, along with a less than impressive decline in their share price in recent years. Currently trading around 36p, investors must be feeling the pain from the decline from 280p at the start of 2022. However, we think we’ve maybe got some good news to impart. Arithmetically, we often calculate something called “Ultimate Bottom”, a share price level below which we cannot calculate.

In the case of Watkin Jones, our “Ultimate Bottom” works out at 35p and the share is certainly within sniffing distance of such a target. We can work out a number below the 35p level and it’s a bit dubious, thanks to the repeated circled gap-downs experienced but in theory, if 35p breaks, 6p can be presented as a future target. But this 6p could easily be nonsense, due to the level of guesswork required, thanks to the manipulation gaps. From a Big Picture standpoint, below 35p only should supply target levels prefaced with impossible minus signs.

So there’s hope for a share price bounce anytime soon as there’s very little in the way of wiggle room for more reversals. Above 43p should prove interesting, calculating with the potential of a lift to an initial 55p with secondary, if beaten, at 65p. To be honest, we’d really hope to see the share price gapped UP soon, due to such a movement tending indicate the market acknowledges it’s overcooked the level of reversals and in such a scenario, we’d anticipate stronger price recovery. Also, in such a scenario, we shall need revisit the numbers, due to it being impossible (currently) to calculate higher than 65p.

This is obviously now in fingers crossed territory but we suspect it shall prove worth watching in the days ahead.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:08:13PM BRENT 9005 ‘cess
10:11:10PM GOLD 1828 1826 1819 1817 1840 1846 1849 1856 1831 ‘cess
10:13:48PM FTSE 7508.75 ‘cess
10:16:08PM STOX50 4130.3 ‘cess
10:18:59PM GERMANY 15207 15155 15049 14892 15302 15476 15518 15639 15363 Success
10:21:52PM US500 4290
10:44:05PM DOW 33424.7
10:48:18PM NASDAQ 14839 ‘cess
10:50:59PM JAPAN 31616 Success

 

2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%

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:CEY Centamin** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

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Updated charts published on : Centamin, Genel, Gulf Keystone, IG Group, Standard Chartered, The Trainline,

LSE:CEY Centamin Close Mid-Price: 81.55 Percentage Change: -2.39% Day High: 85.55 Day Low: 81.75

Continued weakness against CEY taking the price below 81.75 calculates as ……..

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LSE:GENL Genel. Close Mid-Price: 88.9 Percentage Change: + 10.99% Day High: 94 Day Low: 81

Continued trades against GENL with a mid-price ABOVE 94 should improve th ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 125 Percentage Change: + 22.07% Day High: 132.9 Day Low: 102.5

It is possible something significant is happening as above 133 looks capab ……..

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LSE:IGG IG Group Close Mid-Price: 625 Percentage Change: -2.87% Day High: 654.5 Day Low: 616

Weakness on IG Group below 616 will invariably lead to 606 with secondary ……..

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LSE:STAN Standard Chartered Close Mid-Price: 753.8 Percentage Change: -0.55% Day High: 766.6 Day Low: 750.4

Continued trades against STAN with a mid-price ABOVE 766.6 should improve ……..

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LSE:TRN The Trainline Close Mid-Price: 274.6 Percentage Change: -1.65% Day High: 287.6 Day Low: 274.8

In the event of The Trainline enjoying further trades beyond 287.6, the s ……..

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

Lloyds Banking Group (LSE:LLOY) and the ballad of 223p

#Brent #SP500  The Perpetual Motion Machine, long an ambition of inventors everywhere, faces an interesting challenge from the UK’s banking sector. With very little effort, the UK appears to have invented the Perpetual Lack of Motion Machine principal, a group of shares from a sector which was once vibrant and fun, now lead the world in the stakes of “doing sod all”.

 

Perhaps a little frustration is evident here, especially as we chose to zoom out for this report and take a Big Picture stance. This is where the sad reality of Lloyds hit home. We can present arguments which lead to an eventual 223p sometime in the future but, to be honest, we utterly lack any confidence in the sector. There’s an immediate scenario we can suggest, one where above 47p should next lead to 52p with secondary, if exceeded, working out at a longer term 59p. This secondary, from a Big Picture viewpoint, is theoretically interesting, taking the share price above a downtrend (Blue) which dates back to 2009.

Visually, there’s a chance of hope with such a motion. With any other share, we’d certainly be raising eyebrows as the price would be exceeding a very obvious long term downtrend. What bothers us, quite a lot, has been the effort employed over the last 14 years to ensure Lloyds shareholders remain suffering, their funds on a long term holiday with little hope of solution. It often feels like it’s going to be the case, where sometime in the future, exploring an attic, people will discover a box full of ornate share certificates from Lloyds. The level of excitement at such a discovery will doubtless be high, right up until the point when the date is checked, along with an immediate realisation the fancy looking certificates are worth nothing, other than as a curiosity. Personally, making a similar discovery amongst grand-parents possessions allowed for a dream of unequalled wealth, when a cache of Pacific & Orient (P&O) shares were unearthed. The harsh reality was, the only person who got rich from these fancy looking share certificates was the printing company who produced them.

About the nicest thing we dare say for Lloyds is closure above 59p may provide the foundation for long term price recovery but we’re not holding our breath. But on the bright side, there’s now an excuse for a headline, “Will Lloyds Hit A Miracle 223p?

More probably, below 40p looks dangerous, calculating with the potential of weakness to an initial 35p next. Should such a level break, our secondary works out at an unlikely feeling 23p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
9:17:24PM BRENT 9182 9122 9016 8845 9391 9325 9394 9469 9238
9:19:34PM GOLD 1848.22 1861
9:22:51PM FTSE 7583 7590
9:33:01PM STOX50 4161.3 4151
9:36:19PM GERMANY 15354.4 15331
9:39:04PM US500 4291.6 4261 4243 4218 4292 4317 4320 4346 4289
9:41:12PM DOW 33523 33696
9:43:25PM NASDAQ 14740.3 14692
9:45:33PM JAPAN 31803 31947

 

29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%

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:BME B & M** **LSE:ECO ECO (Atlantic) O & G** **LSE:GLEN Glencore Xstra** **LSE:MKS Marks and Spencer** **

********

Updated charts published on : B & M, ECO (Atlantic) O & G, Glencore Xstra, Marks and Spencer,

LSE:BME B & M. Close Mid-Price: 586.4 Percentage Change: + 0.89% Day High: 589.8 Day Low: 578.8

Target met. Continued trades against BME with a mid-price ABOVE 589.8 sho ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10.5 Percentage Change: -5.62% Day High: 11.12 Day Low: 10.62

In the event ECO (Atlantic) O & G experiences weakness below 10.62 it cal ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 469.9 Percentage Change: + 1.93% Day High: 477.4 Day Low: 461.45

Further movement against Glencore Xstra ABOVE 477.4 should improve accele ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 236.6 Percentage Change: + 0.55% Day High: 245.9 Day Low: 235.2

Target met. Further movement against Marks and Spencer ABOVE 245.9 should ……..

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

Our world popular FTSE for Friday (FTSE:UKX)

FTSE for Friday (FTSE:UKX)  Once again, something quite curious happened with the FTSE, this time providing what we think it a “teachable moment” with the index value. We very rarely decorate our articles with minute-by-minute charts, not because we don’t use them but because we do! And it’s usually impossible to highlight whatever we’re moaning about.

Thursday did something different and for a change, we can explain it in English.

When the FTSE dived below 7584 just before 9am, it created a set of circumstances where we expected the index to bounce around 7550 points. By 9.30am, it was clear the 7550 level wasn’t going to hold, creating a scenario where an overall retreat toward the 7400 level became possible. After all, the market had broken the easily defined uptrend since August 21st and worse, had exceeded our initial drop target. All things considered, it looked like the UK index faced a pretty vile reversal cycle. Making matters worse, once the index broke our 7550 target, it recovered, precisely banged against this target level and said “nope”, dropping further next time, reaching a low of 7524 points.

We started to suspect a dreadful afternoon was ahead, once the USA decided to inflict whatever set of dire figures they had tucked away.

But by 11am, the market recovered, once again above the 7550 level and this time looking keen to make its own way in the world, regardless of how many of our boxes it ticked. And just after 3pm, the FTSE exceeded the level of previous trend break at 7584, ticking yet another box, one which claims all previous drop characteristics were fakes. This is usually a fairly reliable signal and when, at 4pm, the market clawed its way once again above the Red uptrend on the chart, we were left with little choice but to anticipate further recovery for the market.

It was, from our perspective, all a little strange and reminding of a deliberate curved ball to fool everyone. We’re inclined to suspect Friday shall provide “surprise” recovery for London.

 

Now, we can review the Blue downtrend on the chart, one which dates back to February of this year and a chalk mark the index seems to be paying attention to. At time of writing, to exceed Blue, the index needs exceed around 7676.122 points. Near term, above 7606 points calculates with the potential of a lift to 7652 points. If exceeded, our secondary works out at 7681 points. The brightest thing about this scenario is the availability of a reasonably tight stop loss at 7584 points, the level of yesterdays trend break.

We’re aware this secondary target level implies the potential for the index to rejoin the sunny side of life above Blue on the chart, working out with a reasonable longer term chance at 7750 points and perhaps beyond.

 

Our alternate scenario has the pleasure of standing on a bit of Lego with bare feet. Below 7524 should be dangerous, now allowing for weakness to an initial 7480 points with secondary, if broken, at an eventual 7392 points and hopefully a trampoline level.

Have a good weekend. Has anyone noticed the Met Office appear to be starting this winter with “Clickbait” headlines? We expected 60mph winds last night and should have guessed the contrary would be true, due to not a single boat owner moving their craft to safe haven across at the local marina.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:39:34PM BRENT 9290 9252 9148 9346 9457 9526 9253 Shambles
9:42:22PM GOLD 1865.35 1858 1851 1881 1881 1885 1871 ‘cess
9:58:40PM FTSE 7613.2 7553 7526 7588 7624 7649 7599 Shambles
10:01:10PM STOX50 4164.6 4107 4085 4173 4173 4185 4153 ‘cess
10:03:37PM GERMANY 15350 15137 15018 15372 15377 15414 15308 ‘cess
10:06:36PM US500 4303.7 4288 4262 4314 4319 4325 4288 ‘cess
10:09:03PM DOW 33704 33603 33556 33705 33791 33872 33591 Shambles
10:11:30PM NASDAQ 14719.4 14575 14537 14692 14761 14798 14688 Shambles
10:14:42PM JAPAN 32005 31676 31230 32080 32081 32120 31965 ‘cess

 

28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%

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:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:JET Just Eat** **LSE:MMAG Music Magpie** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, BP PLC, Cellular Goods, Centamin, Diageo, ECO (Atlantic) O & G, Experian, EasyJet, Just Eat, Music Magpie, Spirent Comms, Spirax, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 261 Percentage Change: -0.99% Day High: 262.8 Day Low: 256.8

Target met. If Aston Martin experiences continued weakness below 256.8, i ……..

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LSE:BP. BP PLC. Close Mid-Price: 541.1 Percentage Change: + 0.48% Day High: 549.6 Day Low: 537.2

Target met. In the event of BP PLC enjoying further trades beyond 549.6, ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.42 Percentage Change: -10.53% Day High: 0.48 Day Low: 0.42

Target met. If Cellular Goods experiences continued weakness below 0.42, ……..

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LSE:CEY Centamin Close Mid-Price: 83.15 Percentage Change: -0.18% Day High: 83.75 Day Low: 82.1

Target met. Weakness on Centamin below 82.1 will invariably lead to 77p w ……..

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LSE:DGE Diageo. Close Mid-Price: 3038 Percentage Change: + 0.53% Day High: 3054.5 Day Low: 2997.5

Target met. In the event Diageo experiences weakness below 2997.5 it calc ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 11.12 Percentage Change: -5.32% Day High: 11.75 Day Low: 11.12

Target met. Continued weakness against ECO taking the price below 11.12 c ……..

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LSE:EXPN Experian. Close Mid-Price: 2670 Percentage Change: + 0.34% Day High: 2672 Day Low: 2619

Weakness on Experian below 2619 will invariably lead to 2565p with second ……..

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LSE:EZJ EasyJet Close Mid-Price: 418.1 Percentage Change: -0.12% Day High: 418.2 Day Low: 405.2

Weakness on EasyJet below 405.2 will invariably lead to 403p with seconda ……..

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LSE:JET Just Eat Close Mid-Price: 1001 Percentage Change: -0.79% Day High: 999.5 Day Low: 970.5

Continued weakness against JET taking the price below 970.5 calculates as ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 21.5 Percentage Change: + 10.26% Day High: 23.5 Day Low: 18.95

Continued trades against MMAG with a mid-price ABOVE 23.5 should improve ……..

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LSE:SPT Spirent Comms Close Mid-Price: 135.3 Percentage Change: -1.81% Day High: 137.6 Day Low: 131.3

Target met. Weakness on Spirent Comms below 131.3 will invariably lead to ……..

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LSE:SPX Spirax. Close Mid-Price: 9418 Percentage Change: + 1.31% Day High: 9402 Day Low: 9166

If Spirax experiences continued weakness below 9166, it will invariably l ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 41.2 Percentage Change: -20.77% Day High: 42.5 Day Low: 27.5

Target met. In the event Zoo Digital experiences weakness below 27.5 it c ……..

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

GBP vs US Dollar (FX:GBPUSD) and the thin blue line

#Stoxx50 #DAX There are times when it can pay dividends to take a really big picture view of something. Back in January, we reviewed Sterling vs US Dollar with a calculation which suggested the price risked challenging the Blue downtrend. As the months rolled beneath us, the pairing eventually issued such a challenge, topping out at 1.315 in July before retreating in confusion. What interested us about this was our calculation, back in January, gave 1.333 as a viable ambition, this number obviously declining every month. When the relationship hit 1.315, we’d no calculations giving such an ambition and the only thing capable of provoking reversal was the Blue downtrend.

Sometimes, trend lines can be important, especially as our raison d’être is to monitor how prices are reacting to trend lines. Sometimes, after all, they can just be meaningless crayon lines but in this instance, it seems clear the markets are regarding Blue as important. Should this be the case, Blue currently represents a level of 1.3039.229 (roughly) and above such, it seems a Long position should reward anyone speculating.

After all, it’s not often we are presented with tangible proof the market views a particular trend line as important.

 

Alas, since the relationship attempted a challenge of Blue, things appear be going horribly wrong for Sterling as its retreat against the US Dollar has proven quite merciless. Currently, it’s the case where below 1.2110 presents the potential of relaxation to an initial 1.2081. While this isn’t a massive drop in the grand scheme of things, a visit to 1.2081 will represent a price level around which we’d conventionally hope for a solid bounce. The implication, should 1.2081 break, allows our calculation giving 1.1710 as viable. And should this level be trashed, we can even supply a third drop target at 1.1512 as a point by which the pairing really must rebound. Unfortunately, if daring to ride this dodgy gravy train to the bottom, it appears the tightest stop loss level shall require to be quite wide at 1.2880 though there’s a vague chance 1.2556 shall suffice for a bunch of complex reasons.

Our reading of the recovery prospects is muddied by a demand to take a time element into consideration. Above 1.2556 calculates with the potential of a lift to 1.2976, potentially with the chance of breaking above Blue on the chart and triggering some proper recovery for Sterling. Such a scenario currently allows for recovery to 1.3393 with secondary, a longer term 1.4513. This sort of thing is liable to become game changing for the future, taking Sterling into unfamiliar territory where a future surge to 1.71 becomes possible.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:59:00PM BRENT 94.48 Success
10:01:37PM GOLD 1874.73 Success
10:05:03PM FTSE 7597.75
10:06:47PM STOX50 4145.8 4101 4087 4065 4131 4153 4170 4193 4120
10:11:18PM GERMANY 15263 15205 15140 15083 15268 15303 15356 15431 15202 ‘cess
10:14:41PM US500 4283.63 Shambles
10:26:17PM DOW 33614 ‘cess
10:28:57PM NASDAQ 14611.48
10:31:46PM JAPAN 32309 ‘cess

 

27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%
19/09/2023 FTSE Closed at 7660 points. Change of 0.1%. Total value traded through LSE was: £ 4,847,212,890 a change of 23.66%

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:BP. BP PLC** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:STAN Standard Chartered** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BP PLC, Diageo, ECO (Atlantic) O & G, Experian, Standard Chartered,

LSE:BP. BP PLC. Close Mid-Price: 538.5 Percentage Change: + 1.43% Day High: 538.7 Day Low: 530.6

Target met. Continued trades against BP. with a mid-price ABOVE 538.7 sho ……..

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LSE:DGE Diageo Close Mid-Price: 3022 Percentage Change: -1.52% Day High: 3067 Day Low: 3016.5

Target met. Weakness on Diageo below 3016.5 will invariably lead to 3002p ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 11.75 Percentage Change: -4.08% Day High: 12.25 Day Low: 11.75

If ECO (Atlantic) O & G experiences continued weakness below 11.75, it wi ……..

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LSE:EXPN Experian Close Mid-Price: 2661 Percentage Change: -0.82% Day High: 2702 Day Low: 2661

If Experian experiences continued weakness below 2661, it will invariably ……..

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LSE:STAN Standard Chartered Close Mid-Price: 750.2 Percentage Change: -0.82% Day High: 764.8 Day Low: 748.6

In the event of Standard Chartered enjoying further trades beyond 764.8, ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 52 Percentage Change: -4.59% Day High: 55.1 Day Low: 51.7

Continued weakness against ZOO taking the price below 51.7 calculates as ……..

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