Author: T&T Staff

#Gold #Nasdaq  It’s that time of year, when strange things happen yet are excused, ‘cos it’s the Festive season. Tuesday night was one such occasion, a decision at 11pm to bottle and rack a dozen bottles of Chardonnay ending in the domestic equivalent of a car crash. The problem was simple, I dislike white wines (except for German) but found myself fermenting Chardonnay grape to produce something my wife “might” like. Aside from Drambuie at Christmas, she tends stick to orange juice.

Now we reach the most dodgy part of the wine production process. Each fermentation container will fill 6 bottles with wine and it’s always been irritating the amount of clear liquid left over, creating a 2cm deep pool just above all the dead yeast, wood chips, and so on. But armed with a 3d printer, I’d created what is essentially a little boat to float above the residual gunk ensuring nothing disturbed the brown paste yet allowing the liquid to be pumped away into a container. It transpired I could almost fill a 13th bottle from the fermentation container. Tasting it, using a shot glass, the stuff tasted well but the imperative was to stuff it into the fridge for an hour or so, just to bring out the full flavour  while silently hoping the 12 new bottles on the wine rack would taste even better by Xmas time. Just after midnight, the 13th bottle was taken from the fridge and a generous wine glass poured.

The chilled Chardonnay was perfect!. Just two glasses of this wonderful wine sufficient to effectively knock me out with the result my work had to be finished just after 6am, something I wasn’t proud of. From now on, the wine racks shall be avoided until Friday rolls around and in any case, my next batch of grape juice is scheduled to be 25 litres of Rioja in a week or so. Hopefully, between the Chardonnay, Merlot, and Rioja, we shall be happily provided with sufficient booze for 2025 and hopefully, avoid the alcohol disaster of making 20° proof cider…

 

We reviewed Financial Technology company (FinTech) earlier this year, giving a trigger level which would hopefully indicate good things in the days ahead.  It has finally achieved our trigger level, suggesting good things are ahead for this share price. The situation now suggests movement above just 1.6p should now trigger gains to an initial 1.91. Should this level be exceeded, our longer term secondary works out at a fairly confident looking 2,3p sometime in the viable future. This, while expected to provoke some hesitation, also places the share price in a zone where a long term 2.9p ambition calculates as apparently viable.

If things intend go wrong, below 1.2p looks troubling, triggering the potential for Big Picture reversal down to an eventual 0.6p.

 

 

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:48:41PM	BRENT	7354.9									‘cess
11:04:43PM	GOLD	2719.2	2691	2682	2669	2706	2722	2725	2732	2713
11:08:12PM	FTSE	8308.7									Shambles
11:17:07PM	STOX50	4962.9									Success
11:19:39PM	GERMANY	20403
11:53:54PM	US500	6076
11:41:31PM	DOW	44067.5
11:44:29PM	NASDAQ	21721.8	21636	21589	21524	21735	21782	21839	22014	21710
11:47:55PM	JAPAN	40062

 

11/12/2024 FTSE Closed at 8301 points. Change of 0.25%. Total value traded through LSE was: £ 5,804,184,495 a change of 29.66%

10/12/2024 FTSE Closed at 8280 points. Change of -0.86%. Total value traded through LSE was: £ 4,476,630,300 a change of -11.71%

9/12/2024 FTSE Closed at 8352 points. Change of 0.53%. Total value traded through LSE was: £ 5,070,546,042 a change of 9.1%

6/12/2024 FTSE Closed at 8308 points. Change of -0.49%. Total value traded through LSE was: £ 4,647,469,843 a change of -11.07%

5/12/2024 FTSE Closed at 8349 points. Change of 0.17%. Total value traded through LSE was: £ 5,225,818,106 a change of -2.92%

4/12/2024 FTSE Closed at 8335 points. Change of -0.29%. Total value traded through LSE was: £ 5,383,163,281 a change of 3.03%

3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%

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…

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

Click Epic to jump to share: LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : HSBC, British Airways, National Glib, Taylor Wimpey,

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LSE:HSBA HSBC. Close Mid-Price: 755.9 Percentage Change: + 0.79% Day High: 758.9 Day Low: 750

All HSBC needs are mid-price trades ABOVE 758.9 to improve acceleration t ……..

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LSE:IAG British Airways. Close Mid-Price: 288 Percentage Change: + 2.13% Day High: 290.7 Day Low: 284

Target met. In the event of British Airways enjoying further trades beyo ……..

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LSE:NG. National Glib Close Mid-Price: 939.6 Percentage Change: -1.26% Day High: 953 Day Low: 939.8

Continued weakness against NG. taking the price below 939.8 calculates as ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 126.5 Percentage Change: -0.63% Day High: 128.05 Day Low: 126.2

In the event Taylor Wimpey experiences weakness below 126.2 it calculates ……..

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

#FTSE #Stoxx  At time of writing, my digital sensor on the office window says it’s -5c, something I’m inclined to believe. Turning to face a window reveals the glass surface is literally radiating the outside temperature into the room. Goodness knows how pensioners will cope this winter with the UK government opting to withdraw an additional payment to cope with the extra cost of heating. Thankfully, here in Argyll, the most common fuel for heating – wood – has a secret. Doing the work for a woodburning stove means you are heated two or three times from the same batch of wood. Firstly, there’s the physical effort involved in cutting trees down and dragging the timber to a slicing area, usually extraordinary hard work. Secondly, there’s the fun bit a few months later, shattering the sliced timber with a log splitter and carrying the prepared fuel to a log shelter area. Once again, this work with an Axe is physically taxing. And third, the fun bit, burning the stuff with occasional flashes of recognition when a particularly irritating bit of wood is thrown on the fire.

Of course, there’s always the risk this load of activity could be good for your health and weight, so as a result the UK Environmental folk are doing their best to demonise burning wood! But as everyone with a wood burner knows, there’s nothing to beat “freebie” cuts of wood, accidentally supplied by DIY companies such as Wickes and B&Q. Invariably, everyone doing a project has absurd levels if what’s called off-cuts, perfect for use as kindling to start fires but sometimes capable of providing proper heating. Making friends with roofing contractors can be a good idea as they’ve usually a solid supply of solid cuts of timber available and it’s always nice being able to pile wood easily, rather than do battle with shaky log piles.

 

Obviously, we like Wickes Group Plc and kidding aside about timber off cuts, historically we’ve often found the company better for odd-ball bits and pieces, the difficult hardware and tools often ignored by an increasingly corporate B&Q mindset. However, their share price hasn’t followed our preference for the company, quite the opposite.

Perhaps a light at the end of a tunnel is currently appearing, so perhaps WIX.L shall prove worth keeping an eye on.

Currently, above just 157p suggests the potential of price recovery to an initial 162p with our secondary, if bettered, at a future 176p along with almost certain hesitation as this matches the height of previous highs. But from a longer term perspective, closure above 176p will be treated as important, moving the price into a zone where longer term movement just above the 200p level will make a lot of sense.

If things intend go wrong, LSE:WIX needs below 143p for panic, allowing reversal to an initial 132p with our secondary, if broken, calculating down at an eventual possible bottom of 117p.

 

For now, we think Wickes shall prove keeping an eye on from a gains perspective.

 

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:42:24PM	BRENT	7251.2
10:45:43PM	GOLD	2695.79									Success
10:50:03PM	FTSE	8246.1	8242	8212	8181	8280	8315	8342	8372	8283	‘cess
10:57:59PM	STOX50	4942.3	4936	4924	4899	4954	4958	4964	4973	4944
11:14:05PM	GERMANY	20290
6:17:15AM	US500	6040.4
6:20:43AM	DOW	44259									Success

 

10/12/2024 FTSE Closed at 8280 points. Change of -0.86%. Total value traded through LSE was: £ 4,476,630,300 a change of -11.71%

9/12/2024 FTSE Closed at 8352 points. Change of 0.53%. Total value traded through LSE was: £ 5,070,546,042 a change of 9.1%

6/12/2024 FTSE Closed at 8308 points. Change of -0.49%. Total value traded through LSE was: £ 4,647,469,843 a change of -11.07%

5/12/2024 FTSE Closed at 8349 points. Change of 0.17%. Total value traded through LSE was: £ 5,225,818,106 a change of -2.92%

4/12/2024 FTSE Closed at 8335 points. Change of -0.29%. Total value traded through LSE was: £ 5,383,163,281 a change of 3.03%

3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%

2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%

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…

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:CAR Carclo** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:SDY Speedyhire** **

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Updated charts published on : Aviva, Carclo, Glencore Xstra, International Personal Finance, National Glib, Speedyhire,

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LSE:AV. Aviva Close Mid-Price: 475.6 Percentage Change: -1.59% Day High: 482.4 Day Low: 473.5

Below 473 now looks capable of a visit to 468 next with our secondary, if ……..

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LSE:CAR Carclo Close Mid-Price: 27.4 Percentage Change: -0.72% Day High: 27.6 Day Low: 27.6

Below 27.6 now indicates further reversal to an initial 24.7 with our seco ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 385.9 Percentage Change: -2.27% Day High: 389.25 Day Low: 383.2

Now looking slightly hopeful, above 414 is now needed to ideally trigger r ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 130 Percentage Change: + 0.78% Day High: 130.5 Day Low: 128.5

This now needs exceed 139 to suggest coming recovery to an initial 145 wit ……..

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LSE:NG. National Glib Close Mid-Price: 951.6 Percentage Change: -1.37% Day High: 961.4 Day Low: 948

This is now looking pretty dodgy as weakness below 948 points at coming re ……..

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LSE:SDY Speedyhire. Close Mid-Price: 31.5 Percentage Change: + 0.00% Day High: 31.75 Day Low: 31.1

This is really missbehaving as below 28 now risks reversal to an initial 2 ……..

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

#Brent #Nasdaq  With Christmas nearly upon us, my wife spent quite a few hours assembling, illuminating, and decorating an 8 foot Xmas tree. The finished creation looks fantastic from two angles but, from the kitchen door, it’s strangely reminiscent of “The Sorting Hat” from the Harry Potter franchise. The issue, distortion of the core, probably due to it spending the last year under a pile of bags. My offer to fix it, using a six foot length of steel tube, tied to the trunk with cable ties, was refused as she’s decided “quirky” is actually quite nice.  And anyway, no one will notice it unless they sit in my seat, go into the kitchen, or sit at the dining table. Personally I think she’s spent too much time trying to make sense of Lloyds vague share price movements! Our domestic conversations are often fascinating…

 

 

Similar to our Xmas tree, Lloyds share price is misbehaving on a massive scale (from our perspective). When we previously reviewed the share, we expressed a longing for the share price to close above 57.2p but unfortunately the highest closing price achieved has been 56.48p, along with the best intraday price being just 57.06p. All things considered, it’s not a great situation, especially as the share price has now broken below Red on the chart, the uptrend since February of this year.

Interestingly, the trend-break level was at 53.4p but, by some sort of miracle, the share has closed at 53.7 since, thus allegedly making the trend break a fake – according to our rules. However, if we adhere to our other rules, the situation now should suggest weakness below 52.5p should promote reversal to an initial 51p with our secondary, if broken, at a very, very, probable bottom by 49p. Movements since July of this year we indicating 49p as a potential bottom target, this calculation remaining correct with reversals in October and again, the recent plunge below Red.

Perhaps this shall prove correct, making it worthwhile keeping an eye on this share as the market is indicating a reasonable chance for a bounce at 49p. Be warned, closing below such a target level would be a bad thing as we can advance 45.7p as a potential third level target. Reaching such a level would effectively undo all the work of 2024, indicates next year shall kick off at virtually the same level of this year.

 

Returning to our comment above about Lloyds marginally exceeding the trend break level, perhaps we should attempt to concentrate on “what if”, just in case the market is playing games.

Currently, closure above Red at 54p shall be treated as important, calculating with the potential of recovery to an initial 57.6 with our secondary, if bettered, working out at 61.5p. Neither ambition is particularly spectacular, dumping the share price into a zone where proper future growth becomes difficult and once again indicating the risk of the market spending time teasing traders until some sort of game changing reason for share price growth comes along. Unsurprisingly, the Retail Banking sector has left us disappointed with movements during 2024.

 

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:40:15PM	BRENT	7112.6	7093	7021	6885	7166	7302	7391	7493	7180
10:43:57PM	GOLD	2637.97								2648
10:47:18PM	FTSE	8312.5								8320
10:50:17PM	STOX50	4973.5								4933
10:54:32PM	GERMANY	20415.5								20365
11:00:56PM	US500	6091.2								6081
11:03:40PM	DOW	44644								44624
11:11:08PM	NASDAQ	21612.9	21382	21298	21187	21464	21631	21681	22147	21528
11:14:14PM	JAPAN	39199								39190

 

6/12/2024 FTSE Closed at 8308 points. Change of -0.49%. Total value traded through LSE was: £ 4,647,469,843 a change of -11.07%

5/12/2024 FTSE Closed at 8349 points. Change of 0.17%. Total value traded through LSE was: £ 5,225,818,106 a change of -2.92%

4/12/2024 FTSE Closed at 8335 points. Change of -0.29%. Total value traded through LSE was: £ 5,383,163,281 a change of 3.03%

3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%

2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%

29/11/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: £ 4,485,252,544 a change of 30.02%

28/11/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: £ 3,449,559,431 a change of -33.99%

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…

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:EZJ EasyJet** **LSE:GENL Genel** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:JET Just Eat** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **

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Updated charts published on : Barclays, EasyJet, Genel, HSBC, British Airways, Just Eat, Music Magpie, Natwest,

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LSE:BARC Barclays Close Mid-Price: 264.8 Percentage Change: -1.03% Day High: 269.45 Day Low: 264.25

Target met. Continued trades against BARC with a mid-price ABOVE 269.45 s ……..

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LSE:EZJ EasyJet Close Mid-Price: 574.4 Percentage Change: -0.24% Day High: 578.6 Day Low: 568.2

In the event of EasyJet enjoying further trades beyond 578.6, the share s ……..

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LSE:GENL Genel Close Mid-Price: 65.3 Percentage Change: -3.69% Day High: 68.4 Day Low: 64.9

All Genel needs are mid-price trades ABOVE 68.4 to improve acceleration t ……..

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LSE:HSBA HSBC Close Mid-Price: 743.6 Percentage Change: -1.02% Day High: 752 Day Low: 742.1

Further movement against HSBC ABOVE 752 should improve acceleration towar ……..

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LSE:IAG British Airways. Close Mid-Price: 283.3 Percentage Change: + 0.14% Day High: 285.4 Day Low: 281.9

Target met. Further movement against British Airways ABOVE 285.4 should ……..

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LSE:JET Just Eat. Close Mid-Price: 1374 Percentage Change: + 4.57% Day High: 1376 Day Low: 1306

Target met. Continued trades against JET with a mid-price ABOVE 1376 shou ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.95 Percentage Change: + 0.00% Day High: 9.41 Day Low: 8.95

Continued trades against MMAG with a mid-price ABOVE 9.41 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 413.9 Percentage Change: + 0.34% Day High: 418.6 Day Low: 412.8

Further movement against Natwest ABOVE 418.6 should improve acceleration ……..

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#Gold #Brent  With Jaguar making the headlines, it was easy to remember the first two times when I nearly bought a Jaguar! Back in the day, working for my family business ensured fuel was free, insurance was taken care of, and I’d the run of workshops, along with a mostly professional team of mechanics. This nonsense ensured I’d a Porsche years before it should have happened, a car which followed an awful Ferrari which never made it onto the road. I swapped it for a yacht… And the Ferrari wasn’t finished with its hatred of humans, deciding to catch fire while he had it on a trailer being taken to his premises. On the bright side, someone took a snapshot of the disaster which made the front page of newspapers here in Scotland.

 

But my first attempt to buy a Jag came from a brief love affair with a Jaguar Mk 9, discovered parked behind a house in the fabulous Ardnamurchan area of Scotland. It’s a peninsula, where if you take your eyes of the Jurassic scenery you can easily find yourself driving through the crater of a large, extinct, volcano on the way to Sanna Bay, probably the prettiest beach in Scotland. By any standards, the place is remote and it’s easy to totally underestimate how long a journey will take.

Me, I’d been in the area with a Soviet 4WD truck, demonstrating its abilities to a particular UK government organisation, already pretty confident there was zero chance they’d buy anything which wasn’t sporting a Landrover badge. But the prospect of a few days in my favourite part of Scotland made it an essential demonstration to give and as the nominated best 4wd operator in the company, plenty of fun awaited. The team from the government centre had some pretty good ideas, doubtless thinking they’d challenge the vehicles abilities, but instead we’d a lot of fun taking tracks which had been created by deer. When playtime was over and we headed out of the mountains toward the single track road, a big white car was spotted parked behind a cottage and I casually asked about it. It transpired it was fairly famous, having previously been the UK Ambassador to Washington’s personal vehicle. It had broken down a few years previously and was literally free to anyone who’d take it away. The paperwork was even all available on the kitchen table, along with a typed letter agreeing it was a freebie car.

After ditching the government guys, it was inevitable a visit to the Jaguar Mk9 was needed and after assuring myself the paperwork was indeed in order, a cunning plan started to brew. In addition to fuel, insurance, workshops, and an almost limitless choice of vehicles, there were a few recovery units which could bring this monster back to civilisation. After speaking to a workshop manager, he agreed to an expedition the following weekend as long as his wife could come. A hotel was organised, the three of us arriving at 3pm on Saturday just as it got dark. Typically, we all got hammered but assembled for breakfast by 9am. Around 11am, sufficient sobriety had entered the conversation to allow us to go find the Jaguar, the workshop managers enthusiasm quickly turning into anger as I’d failed to notice the only thing holding the car together was the white paint. He quite literally pushed his hand through one of the front wings and an effort to open the tailgate literally broke the handle off the car. We were most emphatically not risking attaching the winch to this thing as it would be unlikely we’d return to the city with anything more than a pile of rust. Even the registration number was a problem due to UK regulations. They demanded it be donated from a vehicle with a current MoT. Worse, they usually inspected the donor vehicle, making it difficult for folk like us to just write an MoT for the administration process.

Heck, the three of us had a great night though.

A few months later, I came across a Jaguar XK120, a true dream car. It had been dismantled, the owner running out of money before the body was stripped and the chassis cleaned of any corrosion. My workshop manager chum came along to look at it, explained clearly why I couldn’t touch it (seized engine, cracked gearbox, a load of really bad stuff) but if his wife would agree, he’d love to take it home and do the best he could, due to having access to some old Jaguar machinery. His wife agreed, they paid £1,500 for that XK120 and still own it 40 years later. They even started driving it around 25 years ago, a design shape which is right up with the E-type.

Eventually, I discovered an XJ6 Jaguar 4ltr,  I liked the look of, my tame workshop manager came along and gave the nod, the machine managing to maintain my attention for nearly two years. And then, like all sane people, I bought a white Volvo estate as my daily transport as I’d moved quite firmly away from my family business. But this has a lot to do with Jaguar unveiling their take on the Chrysler Crossfire in recent days, now as an electric vehicle trying to pretend it’s something else. I would never have driven through hell to retrieve one of these new models as they’re – to my taste – just a little ugly. Even the Crossfire never caught on in any quantity!

 

Obviously, this has quite a lot to do with the FTSE as I’ve endeavoured to show sometimes appearances can be deceiving.

 

If trend lines are stripped away from the chart, there is certainly some visual hope the FTSE intends head upward. It is the Xmas season after all, we deserve it. But when we review what actually happened on Tuesday of this week between 1pm and 2.30pm, there was a bit of a “oops” moment with the FTSE exceeded the Blue downtrend. While the index value ended below the Blue downtrend by the end of the session, what happened intraday felt similar to what happens when a puppy suddenly lunges in an unexpected direct, pulled back with a degree of panic.

This has created a situation where weakness anytime soon below 8320 points risks promoting reversal to an initial 8290 points with our secondary, if broken, a more interesting 8220 points. If triggered, the tightest stop looks like an attractive 8345 points, a pretty interesting Risk/Reward scenario.

However, maybe the upward break was simply an early move but one which should be hoped for. Today, for instance, has the US Jobs Report and it’s something which “sometimes” kicks the markets into life. Above 8353 points now allows for index movement to an initial trend challenging 8375 points with our secondary, with closure above such a point, working out at a longer term 8427 points. This would be game changing, kicking down an icy door and allowing Santa to visit…

Who knows. Have a good weekend and enjoy the final grand prix of the season. It has become questionable whether we shall bother watching again next year as the level of “cheating” by Formula1 management is becoming truly silly.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:06:57PM	BRENT	7213.7	7181	7146		7252	7291	7469		7243	‘cess
11:24:53PM	GOLD	2632	2624	2621		2632	2636	2641		2628	‘cess
11:28:44PM	FTSE	8345.6	8318	8305		8340	8364	8372		8347
11:32:31PM	STOX50	4937.8	4935	4928		4946	4958	4970		4905	Success
11:36:49PM	GERMANY	20323	20195	20120		20240	20375	20471		20200	‘cess
11:43:56PM	US500	6071.1	6062	6056		6077	6090	6098		6068	Shambles
11:46:49PM	DOW	44760.5	44721	44667		44823	45060	45089		44970	Shambles
11:49:39PM	NASDAQ	21408.8	21339	21284		21428	21515	21592		21388
11:52:30PM	JAPAN	39173	39169	39002		39287	39472	39599		39243

5/12/2024 FTSE Closed at 8349 points. Change of 0.17%. Total value traded through LSE was: £ 5,225,818,106 a change of -2.92%

4/12/2024 FTSE Closed at 8335 points. Change of -0.29%. Total value traded through LSE was: £ 5,383,163,281 a change of 3.03%

3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%

2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%

29/11/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: £ 4,485,252,544 a change of 30.02%

28/11/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: £ 3,449,559,431 a change of -33.99%

27/11/2024 FTSE Closed at 8274 points. Change of 0.19%. Total value traded through LSE was: £ 5,225,979,725 a change of 8.57%

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:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:JET Just Eat** **LSE:TRN The Trainline** **

********

Updated charts published on : BALFOUR BEATTY, Carnival, EasyJet, British Airways, Intercontinental Hotels Group, Just Eat, The Trainline,

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 449.6 Percentage Change: -0.62% Day High: 472.8 Day Low: 439.6

Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..

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LSE:CCL Carnival. Close Mid-Price: 1911.5 Percentage Change: + 0.71% Day High: 1935.5 Day Low: 1899.5

Target met. In the event of Carnival enjoying further trades beyond 1935. ……..

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LSE:EZJ EasyJet. Close Mid-Price: 575.8 Percentage Change: + 1.73% Day High: 576.4 Day Low: 566

Target met. Continued trades against EZJ with a mid-price ABOVE 576.4 sho ……..

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LSE:IAG British Airways. Close Mid-Price: 282.9 Percentage Change: + 2.84% Day High: 282.9 Day Low: 274.2

Continued trades against IAG with a mid-price ABOVE 282.9 should improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 10180 Percentage Change: + 1.55% Day High: 10190 Day Low: 10020

Target met. Continued trades against IHG with a mid-price ABOVE 10190 sho ……..

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LSE:JET Just Eat. Close Mid-Price: 1314 Percentage Change: + 7.18% Day High: 1322 Day Low: 1234

Further movement against Just Eat ABOVE 1322 should improve acceleration ……..

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LSE:TRN The Trainline. Close Mid-Price: 430.4 Percentage Change: + 0.00% Day High: 435.8 Day Low: 425.2

Target met. Further movement against The Trainline ABOVE 435.8 should imp ……..

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

#Gold #Nasdaq  With almost boring repetition, Rio Tinto becomes yet another company facing suggestions it moves its main listing from London, in this instance to Sydney, Australia. This pressure to flee the London market, becoming notorious for underperforming against a reality, where members like RIO.L report;  “We have a clear path for a decade of profitable growth!” This sort of optimism often feels like a Red Rag for the FTSE, an index which often feels like it works hard to avoid shares enjoying a runaway success.

Perhaps we are entering a cycle, where the FTSE intends a future where listing are represented by traders from EastEnders Albert Square market, single focus business which can never do any better thanks to their position trapped in a closed environment. (And yes, we just admitted to our entire knowledge of East Enders, a TV program which is avoided with extreme care here in our bit of Argyll as we’ve already got sufficient misery due to the weather.) But it certainly raises a wry grin, the idea of the FTSE 100 containing listings for “Ricky’s Stall”, “Dens Barrow”, “Underworld Knickers” or “Dots Spot”, trying hard to be relevant to the UK by only paying attention to local business’s, rather than make the most of anything with international aspirations. Then again, perhaps the grown ups in London would prefer UK listings reflect companies who actually operate in the UK, rather than simply maintain their headquarters in this country and pay the national government the appropriate fine for any jobs they create. Somewhat amusingly, it appears the largest victim of the recent National Insurance heist looks like the government itself, given the huge number of folk employed at local and national government levels, along with all the usual dependent offshoots.

 

However, returning to LSE:RIO,  their share price looks like it’s quivering on the edge of doing something useful, making a sense of future direction possible. If reversals are coming, below 4726 should justify a hard look, this risking triggering reversal to an initial 4647 with our secondary, if broken, at 4357 and hopefully a bounce. The danger comes if the share price closes below 4357p as a third level drop potential works out at 3716p and hopefully a rebound.

Our converse, positive view, stumbles onto the scene if the share price manages exceed 5250p and this has the potential of triggering movement to an initial 5774p. Our secondary, if such a level is bettered, works out at a pretty useful 6224p and almost certain hesitation.

 

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:46:27PM	BRENT	7248.9
10:50:16PM	GOLD	2649.39	2632	2624	2613	2645	2658	2667	2681	2647
10:53:31PM	FTSE	8314.6
11:18:52PM	STOX50	4905.7									‘cess
11:23:12PM	GERMANY	20220.8									‘cess
11:28:46PM	US500	6082.8									Success
11:31:57PM	DOW	45003.5									‘cess
11:35:13PM	NASDAQ	21464.4	21285	21199	21098	21376	21500	21574	22000	21335	‘cess
11:38:20PM	JAPAN	39603									‘cess

 

4/12/2024 FTSE Closed at 8335 points. Change of -0.29%. Total value traded through LSE was: £ 5,383,163,281 a change of 3.03%

3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%

2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%

29/11/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: £ 4,485,252,544 a change of 30.02%

28/11/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: £ 3,449,559,431 a change of -33.99%

27/11/2024 FTSE Closed at 8274 points. Change of 0.19%. Total value traded through LSE was: £ 5,225,979,725 a change of 8.57%

26/11/2024 FTSE Closed at 8258 points. Change of -0.4%. Total value traded through LSE was: £ 4,813,247,138 a change of -58.36%

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

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

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

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

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

---

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

Click Epic to jump to share: LSE:CCL Carnival** **LSE:GENL Genel** **LSE:IAG British Airways** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **

********

Updated charts published on : Carnival, Genel, British Airways, Rolls Royce, Scottish Mortgage Investment Trust, The Trainline, Tesco,

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LSE:CCL Carnival. Close Mid-Price: 1898 Percentage Change: + 1.69% Day High: 1899.5 Day Low: 1869.5

Further movement against Carnival ABOVE 1899.5 should improve acceleratio ……..

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LSE:GENL Genel Close Mid-Price: 67.3 Percentage Change: -4.13% Day High: 72.2 Day Low: 66.8

Target met. Continued weakness against GENL taking the price below 66.8 c ……..

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LSE:IAG British Airways. Close Mid-Price: 275.1 Percentage Change: + 4.05% Day High: 276.6 Day Low: 265.9

Target met. All British Airways needs are mid-price trades ABOVE 276.6 t ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 594.8 Percentage Change: + 0.57% Day High: 599.8 Day Low: 590.2

Further movement against Rolls Royce ABOVE 599.8 should improve accelerat ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 983.6 Percentage Change: + 1.38% Day High: 982.6 Day Low: 967

In the event of Scottish Mortgage Investment Trust enjoying further trade ……..

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LSE:TRN The Trainline. Close Mid-Price: 430.4 Percentage Change: + 2.48% Day High: 431.2 Day Low: 417

Target met. In the event of The Trainline enjoying further trades beyond ……..

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LSE:TSCO Tesco. Close Mid-Price: 373 Percentage Change: + 0.51% Day High: 374.9 Day Low: 371.6

Further movement against Tesco ABOVE 374.9 should improve acceleration to ……..

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

#FTSE #JAPAN When we previously reviewed Centrica, we made fun of the fact the owner of British Gas refer to themselves as an Electrical Service Company. Nowadays, their website trumpets Centrica Plc is an “international Energy and Services Company”, indicating their website folk have figured out what they actually do! Otherwise, the website manages to embrace the current Green hysteria with considerable effort being made to ensure they appear “on message” to those with a political agenda.

We’ve a bit of a personal horror going on at the antics of corporate bodies, due to currently being submerged in a book examining the science and data obscured by climate politics and posturing… It starts to appear, similar to politics, the green industry is now packed with folk who’re mainly interested in the level of pay available, rather than pay attention to any facts.

 

However, despite a kneejerk dislike of the homage paid to “Green” by Centrica PLC on their website, we cannot ignore recent price movements for LSE:CNA, especially as the share price – by a tiny amount – has managed to close a session above the downtrend since 2023. We suspect this may prove significant, due to the adherence to this trend shown over the years as a situation has been created where some positive movement on the price is possible. Unfortunately, due to Centrica’s historical parsimonious movements, nothing particularly spectacular is anticipated. For instance, our software indicates the BLUE line on the chart is currently at 129.694p and we’re raising an eyebrow, because the company share closed 3rd December at 130p, above the line by a tiny amount. We think this may prove important, simply due to Centrica’s usually small share price advances or reversals.

The immediate situation suggests now above 132p should trigger a cycle to 146p and visually, some hesitation. Our longer term secondary calculates at a more useful eventual 172p. Perhaps this is all a bit of a stretch, due to a share price closure just 0.306 of a penny above the trend.

 

Our obligatory converse review, we can suggest anything below 125 risks triggering reversal down to an initial 119p with our secondary, if broken, at 108p and a very possible bounce. But due to the share breaking the Blue downtrend, we tend regard this potential with a pinch of salt.

As always, it’s fingers crossed time but Centrica is worth being our next Advent Calendar share.

 

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:00:33PM	BRENT	7366									‘cess
11:03:23PM	GOLD	2642.53
11:06:13PM	FTSE	8348.8	8312	8282	8246	8337	8335	8384	8433	8312
11:09:23PM	STOX50	4878.9									‘cess
10:43:56PM	GERMANY	20037
11:46:40PM	US500	6055.3
11:50:19PM	DOW	44785									‘cess
11:53:54PM	NASDAQ	21273.6
11:56:56PM	JAPAN	39190	38852	38738	38512	39076	39416	39469	40078	39165	‘cess

 

3/12/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: £ 5,224,934,773 a change of 21.03%

2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%

29/11/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: £ 4,485,252,544 a change of 30.02%

28/11/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: £ 3,449,559,431 a change of -33.99%

27/11/2024 FTSE Closed at 8274 points. Change of 0.19%. Total value traded through LSE was: £ 5,225,979,725 a change of 8.57%

26/11/2024 FTSE Closed at 8258 points. Change of -0.4%. Total value traded through LSE was: £ 4,813,247,138 a change of -58.36%

25/11/2024 FTSE Closed at 8291 points. Change of 0.35%. Total value traded through LSE was: £ 11,560,117,120 a change of 129.48%

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:BARC Barclays** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:NWG Natwest** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Anglo American, Barclays, EasyJet, HSBC, British Airways, Intercontinental Hotels Group, Natwest, Scottish Mortgage Investment Trust, Standard Chartered,

---

LSE:AAL Anglo American. Close Mid-Price: 2571 Percentage Change: + 0.33% Day High: 2593 Day Low: 2559.5

Target met. In the event of Anglo American enjoying further trades beyond ……..

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LSE:BARC Barclays. Close Mid-Price: 264.6 Percentage Change: + 0.67% Day High: 268.3 Day Low: 263.35

Target met. In the event of Barclays enjoying further trades beyond 268.3 ……..

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LSE:EZJ EasyJet. Close Mid-Price: 564.8 Percentage Change: + 3.29% Day High: 573.2 Day Low: 552

Target met. Further movement against EasyJet ABOVE 573.2 should improve a ……..

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LSE:HSBA HSBC. Close Mid-Price: 743.7 Percentage Change: + 0.79% Day High: 750.4 Day Low: 742.8

Target met. In the event of HSBC enjoying further trades beyond 750.4, th ……..

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LSE:IAG British Airways. Close Mid-Price: 264.4 Percentage Change: + 0.99% Day High: 266.4 Day Low: 261.5

Target met. In the event of British Airways enjoying further trades beyo ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 10005 Percentage Change: + 1.51% Day High: 9998 Day Low: 9862

Target met. Further movement against Intercontinental Hotels Group ABOVE ……..

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LSE:NWG Natwest. Close Mid-Price: 407.7 Percentage Change: + 0.27% Day High: 414.8 Day Low: 406.2

Target met. Continued trades against NWG with a mid-price ABOVE 414.8 sho ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 970.2 Percentage Change: + 1.08% Day High: 970.8 Day Low: 954.4

Target met. Further movement against Scottish Mortgage Investment Trust A ……..

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LSE:STAN Standard Chartered Close Mid-Price: 965.8 Percentage Change: -1.23% Day High: 995.2 Day Low: 964.2

Target met. Continued trades against STAN with a mid-price ABOVE 995.2 sh ……..

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

#Gold #SP500   It’s that time of the year when chocolate grows on walls.  The inevitable office Cadbury Advent Calendar has been teasing by its very presence since sometime in November, the usual threats in place if it were touched before December. Needless to say, the first couple of days of December scrolled by before it was remembered and raided. Obviously everything is a matter of personal taste but we cannot recommend a Cadbury Creamy Chocolate wall decoration. Basically, it’s not particularly great, potentially made worse by the heating in the office remoulding the content of each square!

However, we’d considered doing an “Advent Calendar” type of headline piece for December, giving a series of shares which we thought may be worth perusal and as usual, we gave ourselves a row as we prefer being “tipsters”. Very few shares ever openly exhibit obvious – from our perspective – potentials for reasonable growth but surprisingly in this instance, we can take such an approach with Loungers Plc.

 

We’d never heard of the company, not entirely a surprise as while they operate around 260 sites in the UK, the company appear to have discovered a problem with Hadrian’s Wall, not a single outlet existing in Scotland. Their “look at us” map of the UK comes to a screaming halt at the Scottish border while even Northern Ireland enjoys the presence of an outlet, doubtless nothing to do with the fact the EU – without a border – exists just a few miles south?

We’re inclined to take the inviolate Scottish border seriously as the company boast they intend expand to around 400 outlets. As a result, it shall not prove difficult to venture north with an open cheque book as the hospitality industry continues to struggle, fighting both UK government rules and also some truly absurd Scottish government concepts. Thankfully the incompetent shambles which is the Scottish government appears to be on the verge of sorting itself out as it’s unlikely the “woke” agenda shall survive the next general election. When the current Scottish PM attended Mr Alex Salmonds memorial service at the weekend, he faced the wrath of protesters outside the church, folk quite angry at him effectively working against the country, questioning why he was attending a memorial for a man who came to despise him. Personally, we suspect the opportunity to put an entire days work on “expenses” was the single reason the bloke appeared.

 

However, assuming expansion into Scotland is on Loungers agenda, it will make sense to anticipate further improvement to their share price as their formula appears to be working. It’s certainly interesting that from a personal perspective, the idea of a decent local cafe/bar is always attractive as this is the sort of venue preferred.

 

And thus, if we favour our first “advent” share for December being Loungers Plc, our reasoning is fairly straightforward from a charty perspective.

The share price was recently gapped up massively from 238 to 307p and regardless of the cause, it is worth examining the results of such a movement. Visually, the most obvious outcome has been to create a new “higher high”, one of our favourite signals. Secondly, the share price was also gapped up above the immediate Blue downtrend, entering a brave new world for an interesting future.

Next above 313p looks capable of triggering further rises to an initial 329 with our longer term secondary, if bettered, at a confident looking future 390p.

 

Should things decide to go wrong, we shall panic if it finds an excuse to close below Blue, currently at 290p. We think this shall be worth keeping an eye on.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:52:41PM	BRENT	7191.3
10:56:47PM	GOLD	2641.95	2634	2628	2620	2645	2652	2658	2670	2638
10:58:50PM	FTSE	8325.4									‘cess
11:03:35PM	STOX50	4854.2									‘cess
11:05:58PM	GERMANY	19926.5									‘cess
11:40:59PM	US500	6049	6021	6011	5997	6033	6053	6084	6169	6020	‘cess
11:43:29PM	DOW	44759
11:46:13PM	NASDAQ	21147.9									Success
11:49:22PM	JAPAN	39047									‘cess

 

2/12/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: £ 4,317,215,202 a change of -3.75%

29/11/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: £ 4,485,252,544 a change of 30.02%

28/11/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: £ 3,449,559,431 a change of -33.99%

27/11/2024 FTSE Closed at 8274 points. Change of 0.19%. Total value traded through LSE was: £ 5,225,979,725 a change of 8.57%

26/11/2024 FTSE Closed at 8258 points. Change of -0.4%. Total value traded through LSE was: £ 4,813,247,138 a change of -58.36%

25/11/2024 FTSE Closed at 8291 points. Change of 0.35%. Total value traded through LSE was: £ 11,560,117,120 a change of 129.48%

22/11/2024 FTSE Closed at 8262 points. Change of 1.39%. Total value traded through LSE was: £ 5,037,419,096 a change of -5.47%

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:BT.A British Telecom** **LSE:CCL Carnival** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Anglo American, British Telecom, Carnival, HSBC, ITM Power, Just Eat, Lloyds Grp., Music Magpie, Natwest, Rockhopper, Scottish Mortgage Investment Trust,

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LSE:AAL Anglo American. Close Mid-Price: 2562.5 Percentage Change: + 1.67% Day High: 2570.5 Day Low: 2503.5

Continued trades against AAL with a mid-price ABOVE 2570.5 should improve ……..

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LSE:BT.A British Telecom. Close Mid-Price: 160.9 Percentage Change: + 1.00% Day High: 161.9 Day Low: 159.7

Target met. All British Telecom needs are mid-price trades ABOVE 161.9 to ……..

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LSE:CCL Carnival. Close Mid-Price: 1873.5 Percentage Change: + 4.05% Day High: 1898 Day Low: 1790.5

Target met. Continued trades against CCL with a mid-price ABOVE 1898 shou ……..

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LSE:HSBA HSBC. Close Mid-Price: 737.9 Percentage Change: + 0.71% Day High: 739.1 Day Low: 730.8

All HSBC needs are mid-price trades ABOVE 739.1 to improve acceleration t ……..

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LSE:ITM ITM Power Close Mid-Price: 33 Percentage Change: -3.00% Day High: 34.9 Day Low: 32.46

In the event ITM Power experiences weakness below 32.46 it calculates wit ……..

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LSE:JET Just Eat. Close Mid-Price: 1298 Percentage Change: + 3.18% Day High: 1310 Day Low: 1252

Target met. All Just Eat needs are mid-price trades ABOVE 1310 to improve ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 52.82 Percentage Change: -0.45% Day High: 53.4 Day Low: 52.58

If Lloyds Grp. experiences continued weakness below 52.58, it will invari ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.85 Percentage Change: + 0.00% Day High: 9 Day Low: 8.85

Further movement against Music Magpie ABOVE 9 should improve acceleration ……..

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LSE:NWG Natwest. Close Mid-Price: 406.6 Percentage Change: + 0.97% Day High: 407.3 Day Low: 398.8

All Natwest needs are mid-price trades ABOVE 407.3 to improve acceleratio ……..

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LSE:RKH Rockhopper. Close Mid-Price: 20.5 Percentage Change: + 8.47% Day High: 21.3 Day Low: 18.85

Target met. All Rockhopper needs are mid-price trades ABOVE 21.3 to impro ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 959.8 Percentage Change: + 1.80% Day High: 960.8 Day Low: 945

Target met. Continued trades against SMT with a mid-price ABOVE 960.8 sho ……..

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