#Brent #GermanyDax #ElonMusk_please_re-x! Sunday was “one of these days…” It was a bit windy up here in Argyll. For instance, when I decided to do the dog walk and habitually picked up one of the kitchen bins, the contents were tipped – correctly – into the recycle bin. Leaving the kitchen bin outside, the walk commenced with the intention of taking the bin indoors when we returned. But on return, the black kitchen recycle bin had vanished, not embedded in the hedge and not across the road on the sea shore. It was just “gone”. My wife returned home, couldn’t believe I’d been so stupid as to lose a bin and undertook her own search, even including checking the gully down to the stream which was really a dangerous torrent. Somehow or other, the big flip top kitchen bin had vanished, presumably picked up by one of the wind tornadoes slicing across the surface of the sea.
The dog walk hadn’t even gone as planned. In winter, the typical SUV or pickup will have a rope concealed somewhere, able to pull folk out of ditches. Also carried habitually is a chainsaw, able to cope with a fallen tree blocking the road. Our usual route to the dog walk was blocked by a downed tree. Actually, the road was blocked by a couple of pickups and a bunch of guys slicing the tree up to clear the road. It’s one of these things, fallen trees happen all the time but it’s a rare event when you and your chainsaw are on hand. Wandering into the scene, there were actually four chainsaws in use, a bloke coming across to advise the road would be clear in a minute. And nope, they really didn’t need someone else with a chainsaw… After a complicated three point turn (more like 8 points on single track road) we headed back to a beach, confident no trees would spoil the day. Of course, a beach with loads of seaweed on the shore is dog heaven, so a smelly and wet Golden Retriever ensured the afternoon was ruined.
Finally deciding a quick perusal of the rear garden was in order, my little red tractor was in full view. When I last used it a few weeks ago, I’d decided to leave it outside its shed, so I could “winterise” the nasty little brute. But plans fell apart due to rain, so a big tarpaulin had been covering the thing, tied in place by heavy duty rope and a few big fenceposts holding the tarpaulin down on the engine cowl and the seat. The tractor was naked, the 6 metre by 3 metre cover now a thing of the past, vanished into the Land of Oz, a destination clearly in need of a kitchen bin and big tarp.
Sunday decided to finish amusing as by finding our daughter and grand-daughters, visiting for Xmas, were stranded across on the mainland, the ferries cancelled due to the winds. Worse, her electric Renault was low on battery power and all the charging stations she could find were either out of order or occupied. For some reason, she wanted heating on, especially as it was a little cold. After 3 hours, the ferries decided to run again and scare their passengers silly with mountainous seas. But the worst part of the day was still to come, when some Maris Piper potatoes decided to spoil our calm.
My wife has decided a range of wire frame baskets look great in the kitchen and I designed some funky custom brackets, printing them on my 3d printer. The array of basked look great but I wasn’t prepared for her emptying 3kg of potatoes into one of the baskets, my brackets immediately breaking with gravity bringing a domino effect against the other baskets below.. Sunday evening has been a task of “printing” another batch of redesigned brackets, hopefully impossible to break even if the decision is made to dump a bunch of heavy coconuts into one. The irritation with the 3d printer is how absolutely EVERYTHING lies to you. According to the software, the print job should take just 28 minutes and use 1.74 metres of plastic filament cable. Instead, nearly 2 hours and just under 5 metres of cable were used. It’s irritating, because I find it safest to keep an eye on print jobs as left to their own devices, a 3d printer will cheerfully deliver a bowl of spaghetti rather than whatever they were programmed for. Next Xmas, I think a more expensive printer shall be on my wish list!
And as for Natwest, reviewing the share potentials after such a rotten Sunday, there’s obviously a risk of ones brain being in the wrong place but there’s a serious risk the share price is about to bounce again. From our perspective, the recent visit to 420 confirmed happy days were ahead and despite reversals to around 390p, we’re not particularly concerned. Yes, there is a risk of below 391 bringing a trip down to 373p but it really doesn’t feel such a great threat. Share price reversals since December 9th had prove rather contrived, presenting a visual effect of the market “just” playing games. Natwest currently requires below 350p to induce panic!
More probably, if our suspicion of a bounce from current levels is justified, above just 398 should trigger recovery to an initial 402p with our secondary, if bettered, a rather more Christmassy 406p. Okay, neither are especially interesting, but the ruling attraction is being views as 415p and chance of some hesitation, due to the share price matching prior highs.
Have a great Christmas. We might produce a headline section on Monday evening, even though no-one will read it and the markets shut at lunchtime Tuesday. And as usual, the most market activity will occur between 12 noon and 12.30, so the UK can pretend to be working on Xmas Eve. Apparently, this year we are to follow a Polish tradition of feasting and swapping presents on Xmas Eve but, to be honest, we suspect this is our grand-daughters inventing a reason to get their presents a day early. There is certainly an attraction to enjoying a seriously lazy Xmas day, snacks, cheese & crackers, wine, and more snacks!
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
10:52:04PM | BRENT | 7273 | 7177 | 7160 | 7080 | 7245 | 7306 | 7321 | 7369 | 7260 |
11:17:14PM | GOLD | 2621.55 | 2619 | |||||||
11:38:04PM | FTSE | 8085.8 | 8065 | |||||||
11:40:17PM | STOX50 | 4863.5 | 4867 | |||||||
10:53:48PM | GERMANY | 19906.7 | 19643 | 19586 | 19273 | 19864 | 19959 | 20004 | 20123 | 19889 |
11:11:09PM | US500 | 5956 | 5942 | |||||||
12:02:19AM | DOW | 42971 | 42938 | |||||||
12:06:44AM | NASDAQ | 21393 | 21365 |
20/12/2024 FTSE Closed at 8084 points. Change of -0.26%. Total value traded through LSE was: £ 10,715,072,684 a change of 85.06%
19/12/2024 FTSE Closed at 8105 points. Change of -1.05%. Total value traded through LSE was: £ 5,790,138,165 a change of 13.02%
18/12/2024 FTSE Closed at 8191 points. Change of -0.05%. Total value traded through LSE was: £ 5,123,160,668 a change of -23.19%
17/12/2024 FTSE Closed at 8195 points. Change of -0.81%. Total value traded through LSE was: £ 6,670,012,289 a change of 49.11%
16/12/2024 FTSE Closed at 8262 points. Change of -0.46%. Total value traded through LSE was: £ 4,473,170,966 a change of 7.01%
13/12/2024 FTSE Closed at 8300 points. Change of -0.13%. Total value traded through LSE was: £ 4,180,122,576 a change of -10.3%
12/12/2024 FTSE Closed at 8311 points. Change of 0.12%. Total value traded through LSE was: £ 4,660,074,740 a change of -19.71% 
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AV. Aviva** **LSE:BLOE Block Energy PLC** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:IPF International Personal Finance** **LSE:OCDO Ocado Plc** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Aviva, Block Energy PLC, Glencore Xstra, British Airways, International Personal Finance, Ocado Plc, Tullow, Taylor Wimpey,
LSE:AV. Aviva Close Mid-Price: 457.2 Percentage Change: -0.31% Day High: 459.1 Day Low: 451.9
Continued weakness against AV. taking the price below 451.9 calculates as ……..
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View Previous Aviva & Big Picture ***
LSE:BLOE Block Energy PLC Close Mid-Price: 0.68 Percentage Change: -3.57% Day High: 0.7 Day Low: 0.68
Weakness on Block Energy PLC below 0.68 will invariably lead to 0.6p with ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:GLEN Glencore Xstra Close Mid-Price: 352.9 Percentage Change: -0.34% Day High: 354.25 Day Low: 348.35
Target met. If Glencore Xstra experiences continued weakness below 348.35 ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 305.8 Percentage Change: + 1.26% Day High: 305.8 Day Low: 300.6
In the event of British Airways enjoying further trades beyond 305.8, th ……..
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View Previous British Airways & Big Picture ***
LSE:IPF International Personal Finance. Close Mid-Price: 126 Percentage Change: + 0.00% Day High: 127.5 Day Low: 124.5
Continued weakness against IPF taking the price below 124.5 calculates as ……..
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View Previous International Personal Finance & Big Picture ***
LSE:OCDO Ocado Plc. Close Mid-Price: 305 Percentage Change: + 2.97% Day High: 309.3 Day Low: 293
Continued weakness against OCDO taking the price below 293 calculates as ……..
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View Previous Ocado Plc & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 19.64 Percentage Change: -6.48% Day High: 21.08 Day Low: 19.42
Target met. If Tullow experiences continued weakness below 19.42, it will ……..
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View Previous Tullow & Big Picture ***
LSE:TW. Taylor Wimpey. Close Mid-Price: 122.15 Percentage Change: + 0.37% Day High: 122.75 Day Low: 120.75
Continued weakness against TW. taking the price below 120.75 calculates a ……..
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View Previous Taylor Wimpey & Big Picture ***