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FTSE for FRIDAY (FTSE:UKX) looking like fun!

#FTSE #WallSt  We’d gullibly thought the US election would provide an end to the daily amusement from across the water but it’s proving a gift which keeps giving. We suspect the lessons from this should be closely followed by the UK with many media organisations rethinking their behaviour and stance, when they see how influential they were not. With newspapers and TV stations already reporting reader and viewer numbers at record lows, perhaps it is already the time the UK media addressed their often erroneous behaviour, slavishly following whatever government position is being taken. A recent example was calling folk who were against illegal immigration as “far right” but gradually they appear to be dropping such a rabble rousing term.

With Mr Trump now provoking daily outrage by nominating inflammatory names to work in his government next year, the invective coming from various Hollywood and Washington names has been funny, blithely representing their inability to respect democracy, the very thing they were accusing Mr Trump of.

One puzzle is swimming against the tide of expectations as Crude Oil prices still have not reversed. With the incoming President promising a 50% reduction in energy costs, based on his intention to “drill drill drill” to return the country to self sufficiency in oil and gas, we’ve been expecting the price to exhibit some panic but so far, Brent Crude has remained stable. Unless Brent Crude somehow exceeds $81.50 anytime soon, it remains at risk of sharp and sudden reversals to an eventual $58, or so.

 

The FTSE has been enjoying a vaguely similar period of illogical strength to that being experienced by Brent as our calculations point to reversal to the 7604 point level. Rather spoiling the scenario is the obvious fact the FTSE is currently pretending the 8000 point level is inviolate. We has doubts, expecting the markets only need the right excuse to provoke trouble.

Currently trading around 8071 points, the FTSE needs below 8030 points to give the earliest sign for trouble Such a movement (though not with a spike down at the market open) risks pushing reversal down to an initial 7939 points with our secondary, if broken, at 7874 points. Such a drop level becomes extremely dangerous, making an eventual 7803 a possibility on this cycle. If triggered, the tightest stop loss level looks like 8067 points which seems extremely sane.

 

Should things intend go right for the UK market, above 8097 points should trigger movement to an initial 8133 points. Should such a level be exceeded, our secondary is quite surprising at an impressive 8257 points.

 

On the bright side, only another week for another GP race. Spoiling things, news the Monaco contract has been extended for another 7 dreary and boring years of a procession of cars.

Have a good weekend.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:16:21PM BRENT 7222.2 7173 7151 7252 7317 7347 7233
10:19:48PM GOLD 2564.09 2537 2511 2582 2578 2591 2560
10:22:00PM FTSE 8054.8 8002 7974 8038 8085 8099 8047 ‘cess
10:26:54PM STOX50 4808.8 4728 4684 4758 4838 4851 4814 Success
10:31:18PM GERMANY 19213 18935 18776 19022 19308 19426 19219 Success
10:35:36PM US500 5948 5938 5930 5970 5973 5986 5953 ‘cess
10:38:30PM DOW 43748 43683 43587 43894 44128 44290 43986 ‘cess
10:41:29PM NASDAQ 20871.1 20843 20818 20962 21032 21070 20911
10:44:09PM JAPAN 38887 38504 38308 38781 39050 39308 38885

 

14/11/2024 FTSE Closed at 8071 points. Change of 0.51%. Total value traded through LSE was: £ 5,134,648,719 a change of -9.92%
13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%

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:ITM ITM Power** **LSE:MMAG Music Magpie** **LSE:OPG OPG Power Ventures** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Carnival, ITM Power, Music Magpie, OPG Power Ventures, Sainsbury, Scottish Mortgage Investment Trust, Taylor Wimpey,

LSE:CCL Carnival. Close Mid-Price: 1754 Percentage Change: + 0.92% Day High: 1763 Day Low: 1727.5

Target met. In the event of Carnival enjoying further trades beyond 1763, ……..

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LSE:ITM ITM Power Close Mid-Price: 35.26 Percentage Change: -6.52% Day High: 39 Day Low: 35

Target met. Weakness on ITM Power below 35 will invariably lead to 31p wi ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.8 Percentage Change: + 0.00% Day High: 8.9 Day Low: 8.8

In the event of Music Magpie enjoying further trades beyond 8.9, the shar ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 9 Percentage Change: -2.39% Day High: 9.43 Day Low: 9.05

Target met. If OPG Power Ventures experiences continued weakness below 9. ……..

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LSE:SBRY Sainsbury Close Mid-Price: 239.6 Percentage Change: -1.48% Day High: 241.2 Day Low: 237.8

Target met. Continued weakness against SBRY taking the price below 237.8 ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 942 Percentage Change: + 0.11% Day High: 945.2 Day Low: 935.4

Target met. All Scottish Mortgage Investment Trust needs are mid-price tr ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 131.95 Percentage Change: + 0.38% Day High: 132.25 Day Low: 129.95

If Taylor Wimpey experiences continued weakness below 129.95, it will inv ……..

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

Posted on

Futura Medical Plc (LSE:FUM) in a “hmmm” position.

#Gold #Germany  When we previously reviewed Futura, we supplied lots of enthusiastic trigger potentials, absolutely none of which were triggered. Instead, the market managed to allow the share price to wander below our danger level of 32p, a point at which all the gain potentials we nullified. But on the bright side, our 25 litre vat of Merlot still hasn’t exploded, redecorating the bathroom with a tasteless red colour. This big stainless steel cask has become the first thing inspected every morning, even before checking on the 23+ year old cat.

 

Futura’s share price has started to replicate the cats performance, keeping trundling along despite expectations to the contrary. The immediate risk regarding the share price suggests below 28p shall be needed to provoke real drama, allowing reversals to an initial 18p with our secondary, if broken, an “ultimate bottom” of 8p and hopefully a rebound, given the share price’s historical behaviour. All things considered, this clearly isn’t the most pleasant scenario for Futura but one which is hard to escape, especially as we cannot calculate anything below 8p without including impossible minus signs.

 

Should things attempt to turn positive for Futura, the share price needs exceed 40.5p to give an early clue of surprise recovery, hopefully triggering some growth to an initial 52p with our longer term secondary, should such a level be bettered, at a game changing 63p. Visually, achieving such a target would change all the potentials for the long term for this share price as substantial acceleration becomes possible. For now, we fear the worst for the share.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:45:01PM BRENT 7214.9
10:50:42PM GOLD 2566 2562 2517 2426 2620 2618 2637 2661 2592
10:55:05PM FTSE 8044.5
10:58:56PM STOX50 4742.8 ‘cess
11:03:47PM GERMANY 18972 18835 18717 18433 19026 19126 19152 19258 19010 ‘cess
11:06:29PM US500 5984.9
11:08:49PM DOW 43954 ‘cess
11:24:22PM NASDAQ 38695 ‘cess

 

13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Barclays, BP PLC, Carnival, Intercontinental Hotels Group, IQE, Scottish Mortgage Investment Trust, Spirax, Tullow, Taylor Wimpey,

LSE:BARC Barclays. Close Mid-Price: 258.85 Percentage Change: + 0.52% Day High: 263.15 Day Low: 256.65

All Barclays needs are mid-price trades ABOVE 263.15 to improve accelerat ……..

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LSE:BP. BP PLC. Close Mid-Price: 370.05 Percentage Change: + 0.75% Day High: 370.15 Day Low: 365.2

If BP PLC experiences continued weakness below 365.2, it will invariably ……..

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LSE:CCL Carnival. Close Mid-Price: 1738 Percentage Change: + 1.31% Day High: 1748.5 Day Low: 1715

Further movement against Carnival ABOVE 1748.5 should improve acceleratio ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9436 Percentage Change: + 0.92% Day High: 9418 Day Low: 9314

In the event of Intercontinental Hotels Group enjoying further trades bey ……..

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LSE:IQE IQE Close Mid-Price: 10 Percentage Change: -3.85% Day High: 10.6 Day Low: 9.82

Weakness on IQE below 9.82 will invariably lead to 9.3p with secondary (i ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 941 Percentage Change: + 1.60% Day High: 941.4 Day Low: 921.6

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

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LSE:SPX Spirax Close Mid-Price: 6370 Percentage Change: -2.45% Day High: 6520 Day Low: 6355

Continued weakness against SPX taking the price below 6355 calculates as ……..

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LSE:TLW Tullow. Close Mid-Price: 20.6 Percentage Change: + 0.98% Day High: 21.06 Day Low: 20

In the event Tullow experiences weakness below 20 it calculates with a dr ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 131.45 Percentage Change: -2.12% Day High: 134.55 Day Low: 130.75

In the event Taylor Wimpey experiences weakness below 130.75 it calculate ……..

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

Posted on

Petro Matad (LSE:MATD), a tasty Mongolian dish?  

#FTSE #Nasdaq   Last time we reviewed Petro Matad, we finished the article with a cautionary note, suggesting “if they intend spoil our calculations, the share need only slip below Red, presently at 3p”. On June 26th this year, with quite a spiteful movement, the share price was firmly gapped downward due to the company successfully selling more shares in the business, thus devaluing the price of every share in issue. From a charty viewpoint, it certainly sends a plethora of mixed messages more confusing than our 25 litres of Merlot which has been fermenting for the last 5 days.

The Merlot grape has an in-built sense of humour, the fermentation process being perfectly gentle. Until it isn’t. An air trap is fitted to the top of the container, allowing CO2 to exit but ensuring nothing alien enters the drum. In our test batch with 3 litres, everything went smoothly until one morning we woke up to a mess of red juice, the wine deciding it was going to be a volcano at some point during the night. Thankfully we’d read all the warnings of this Merlot explosion and with the 25 litre drum, it’s sitting solidly in a large tray which will trap an overflow of enthusiasm. Maybe it shall prove to be the case adding Walnut shavings, along with Oak, will defuse the expected eruption. Who knows, the number of opinions on the internet is quite intimidating with the only ones taken seriously being from folk who’ve actually done it. We’ve learned to keep “experts” with no personal experience at arms length.

Quite neatly, this brings us back to Petro Matad as there will doubtless be loads of “experts” advising folk to buy shares in the Mongolian oil company, their line inevitably being “it will never be as cheap again”. Thankfully, the majority of folk who’ve bought shares learn fairly quickly the word “cheap” does not belong in any sentence dealing with a share price.

 

When we previously painted a Red line with a 3p break level, we didn’t give drop levels due to any sort of ultimate bottom being prefaced with an impossible minus sign. Our only conclusion was to warn of trouble, if the 3p level was indeed broken and in the months since, it has visited the 2p level. During the months since, we’ve been able to calculate some reasonable drop potentials – reasonable unless you already hold shares at a high price! However, weakness below 2p now calculates with the potential of a slip down to an eventual 1.7p and hopefully a rebound, given visual behaviour over the last few years. Should 1.7p break, an eventual visit to a bottom of 0.5p works out at possible.

Unfortunately, if the share price intends some recovery, above 3.2p should provide a useful trigger, calculating with the potential of a visit to 4.2p with our secondary, if beaten, at a visit to 5.5p, along with a need for us to revisit the tea leaves.

This share price has experienced a messy history since 2018, creating a risk 1.7p shall be viewed as a “floor”. Our inclination is not to take anything seriously unless it starts to go up.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:58:50PM BRENT 7170.9
10:02:22PM GOLD 2597.9 ‘cess
10:06:48PM FTSE 8038.5 8012 7967 7854 8052 8067 8090 8116 8039 ‘cess
10:11:13PM STOX50 4745.5 ‘cess
10:15:04PM GERMANY 19065.9 Success
10:23:23PM US500 5985.4 Success
10:51:16PM DOW 43930.5 ‘cess
11:05:26PM NASDAQ 21066.7 20948 20927 20825 21026 21146 21221 21312 21075
11:08:05PM JAPAN 39194 ‘cess

 

12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%

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:BP. BP PLC** **LSE:CCL Carnival** **LSE:IQE IQE** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAR Star Energy** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : B & M, BP PLC, Carnival, IQE, Sainsbury, Scottish Mortgage Investment Trust, Star Energy, Tullow, Taylor Wimpey,

LSE:BME B & M Close Mid-Price: 380.6 Percentage Change: -0.68% Day High: 383.5 Day Low: 377.6

Weakness on B & M below 377.6 will invariably lead to 375p with secondary ……..

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LSE:BP. BP PLC Close Mid-Price: 367.3 Percentage Change: -1.53% Day High: 374.85 Day Low: 366.3

Target met. Continued weakness against BP. taking the price below 366.3 c ……..

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LSE:CCL Carnival. Close Mid-Price: 1715.5 Percentage Change: + 0.41% Day High: 1730 Day Low: 1686.5

Continued trades against CCL with a mid-price ABOVE 1730 should improve t ……..

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LSE:IQE IQE Close Mid-Price: 10.4 Percentage Change: -8.77% Day High: 12.84 Day Low: 10.4

Target met. In the event IQE experiences weakness below 10.4 it calculate ……..

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LSE:SBRY Sainsbury Close Mid-Price: 241.8 Percentage Change: -0.66% Day High: 243.2 Day Low: 240.4

Target met. Weakness on Sainsbury below 240.4 will invariably lead to 238 ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 926.2 Percentage Change: -0.11% Day High: 932.2 Day Low: 913.8

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

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LSE:STAR Star Energy. Close Mid-Price: 9.01 Percentage Change: + 30.01% Day High: 9.74 Day Low: 6.94

Target met. Further movement against Star Energy ABOVE 9.74 should improv ……..

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LSE:TLW Tullow Close Mid-Price: 20.4 Percentage Change: -4.67% Day High: 21.5 Day Low: 20.3

Target met. Weakness on Tullow below 20.3 will invariably lead to 19.5p w ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 134.3 Percentage Change: -2.36% Day High: 137.65 Day Low: 134

Continued weakness against TW. taking the price below 134p calculates as ……..

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

Posted on

Serco Group Plc (LSE:SRP) behind some loose bars!

#Gold #SP500   Currently the temperature outside here in Argyll is -1c. Thankfully, there’s no wind, meaning it’s just cold as opposed to feeling utterly dreadful. This tends highlight the fly in the ointment with the windfarms which pollute many views in Scotland as they face generating nothing when power is most needed. During winter, the wind will generally be too strong to allow the windmills to turn or alternately, it stops blowing. Famously, in 2011, we’d a period of around 4 months where temperatures in Argyll were around -10c with absolutely no wind. It’s called a “blocking high”, producing some decent ski conditions, making many lochs perfect destinations for ice skating. While we watched a sheet of ice moving with the tide outside the house, not a single windfarms blade was turning. On the plus side, we’d a huge pile of logs ready to burn and somehow, with some forethought, we’ve a years supply of logs awaiting being chopped up.

 

As always, this paragraph has absolutely nothing to do with Serco Group, aside from their dismal reputation running ferry services in Scotland. It’s worth pointing out the only folk with a worse reputation than Serco is literally everyone else as trying to run ferries in a country where even the weather plots against you must be difficult! In our bit of Argyll, we spend winter admiring a bunch of parked ferries 2 miles across the sea in the safe haven provided by the local marina.

Visually, Serco share price isn’t in a happy place. It was massively gapped down on November 8th with news they’d misplaced a massive contract to control the number of folk who still think Australia to be a good destination. It’s strange, how places like New Zealand, Canada, and Australia, which emplaced the hardest possible legislation against their own people during the pandemic. It was a pleasant surprise, despite some draconian efforts in the UK, the most radical ideas were shot down fairly quickly. Perhaps it was the case UK politicians were more serious in trying to line their own pockets during the crisis, rather than passing successful legislation.

We read a few articles questioning why folk at board level in Serco have been selling their shares. According to the numbers, board members ditched nearly 1/2 million shares in the last year, while just over 19,000 shares were bought by folk within the company who must notify of their action. It’s one of these ‘make of it what you will’ statistics. Collectively, only around 0.2% of Serco shares are owned by folk at board level or below, again one of the “make of it what you will” numbers.

 

Currently trading around 159p, the share price looks like it faces a trigger level for trouble at 153p as movement below such a point risks triggering reversals to an initial 137p with our secondary, if broken, at a possible bouncy bottom of 114p. When we view closing share price levels, things certainly don’t look great as shown in the closing price insert.

If things intend turn happy for Serco, their share price needs exceed 185p to give the first sign of hope, allowing for recovery to an initial 203p with secondary if bettered, at a longer term 214p.

 

For now, we’re not sure but will not be surprised if the 137p level is used to provoke a share price rebound.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:55PM BRENT 7185
11:18:10PM GOLD 2623 2617 2609 2575 2627 2677 2704 2735 2659
11:20:58PM FTSE 8103.1
11:23:32PM STOX50 4834.8
11:27:47PM GERMANY 19386.7 ‘cess
11:46:27PM US500 5998.6 5985 5982 5967 6007 6027 6038 6059 6004
11:48:22PM DOW 44226
11:51:38PM NASDAQ 21105 Shambles
11:54:42PM JAPAN 39710 Success

 

11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%
1/11/2024 FTSE Closed at 8177 points. Change of 0.83%. Total value traded through LSE was: £ 5,128,610,563 a change of -23.79%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:CCL Carnival** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Barclays, Carnival, Foxtons, British Airways, Intercontinental Hotels Group, Sainsbury, Scottish Mortgage Investment Trust,

LSE:BARC Barclays. Close Mid-Price: 260.65 Percentage Change: + 3.64% Day High: 261.6 Day Low: 253.8

Target met. Continued trades against BARC with a mid-price ABOVE 261.6 sh ……..

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LSE:CCL Carnival. Close Mid-Price: 1708.5 Percentage Change: + 1.70% Day High: 1718 Day Low: 1674.5

All Carnival needs are mid-price trades ABOVE 1718 to improve acceleratio ……..

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LSE:FOXT Foxtons Close Mid-Price: 53 Percentage Change: -2.93% Day High: 56 Day Low: 52

If Foxtons experiences continued weakness below 52, it will invariably le ……..

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LSE:IAG British Airways. Close Mid-Price: 239.6 Percentage Change: + 2.17% Day High: 240.1 Day Low: 233.5

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

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9374 Percentage Change: + 1.25% Day High: 9390 Day Low: 9304

Target met. Continued trades against IHG with a mid-price ABOVE 9390 shou ……..

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LSE:SBRY Sainsbury Close Mid-Price: 243.4 Percentage Change: -2.33% Day High: 250.4 Day Low: 243

If Sainsbury experiences continued weakness below 243, it will invariably ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 927.2 Percentage Change: + 2.39% Day High: 928.6 Day Low: 915

Continued trades against SMT with a mid-price ABOVE 928.6 should improve ……..

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

Posted on

Natwest Group  (LSE:NWG) and a Bitcoin thought.

#Brent #WallSt  Our previous review of Natwest appears to have proven rather prescient, Mr Trump indeed becoming President Elect of the USA and Natwest indeed reaching our initial and secondary targets, the bank even managing to fail to close a session above 394p with the bank retreating under its rock to dwell in the realms of incredulity. The big deal comes from the fact a victory for Mr Trump is supposed to signal a release of the chains dragging the retail banking sector to a standstill.

Glancing at the USA banking sector, optimism certainly appears to be the order of the day but, almost inevitably, the UK isn’t quite as positive as the USA or even Europe. Don’t get us wrong, Europe isn’t exactly ecstatic but doesn’t feel like an unexploded bomb either. Bitcoin, also lauded as a potential leap into the future should Mr Trump win the election, is unsurprisingly making headlines, managing above $80k on several sessions, creating a situation where we can suspect above 81,940 can next attempt a visit to somewhere just above $86k as a new high. Should such a level be achieved, we’ve quite a strong reason to suspect some hesitation as our Big Picture secondary is absurd at $125k in the longer term. Even by Bitcoin standards, this is a massive expectation, making us suspect the $86k level shall be used to define a new trend for the fake currency.

 

Of course, it is always the case to anticipate the worst from the UK, companies literally trying to trade in a country where the government actively legislates against them at every opportunity. The recent increase to the tax on employees is certainly causing some screams in the Financial press and from a private observation (wife works with a US corporate) there are already “good ideas” being floated on how to encourage full-time employees to leave, the aim being to replace each full-timer with 2 or 3 part timers. It is one of these ideas so daft I’d love to report it but unfortunately, the company could easily identify their creative new concept on how to make full time staff utterly fed up. The scary thing, the concept floated across from their offices in New York, giving an impression events in the UK do not go un-noticed and to be fair, it’s a brilliant method to make it impossible to use any type of employment law.

 

As for Natwest Group, we’re a little alarmed at the speed of reversals from our 394p target. It is now the case where below 369 risks promoting reversals to an initial 351p with our secondary, if broken, a very probable rebound bottom down at 328p.

However, we are supposed to be drooling over the future potentials for the bank and now, it need only exceed 397p to encourage recovery to 452p next with our secondary, if beaten, at an amazing longer term 540p. To achieve such a secondary, we suspect the UK shall require a proper government in control. Obviously, the jury is out, due to a distressing lack of candidates from any party – in our opinion.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
2:24:10AM BRENT 7394.9 7034 6565 6045 7546 7807 7883 8166 7531
3:02:13AM GOLD 2684.01 2687
10:46:26PM FTSE 8086.8 8091
10:50:09PM STOX50 4812.8 4848
10:53:26PM GERMANY 19240.9 19297
10:55:41PM US500 5996.6 5982
10:58:05PM DOW 43994.6 43639 43491 43267 43830 44163 44577 44997 43934
11:40:35PM NASDAQ 21115.6 21060
11:42:51PM JAPAN 39334 39244

 

8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%
1/11/2024 FTSE Closed at 8177 points. Change of 0.83%. Total value traded through LSE was: £ 5,128,610,563 a change of -23.79%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%

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:CASP Caspian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Caspian, EasyJet, Foxtons, British Airways, Intercontinental Hotels Group, ITV, Lloyds Grp., Scottish Mortgage Investment Trust, Taylor Wimpey,

LSE:CASP Caspian Close Mid-Price: 3 Percentage Change: -9.09% Day High: 3.3 Day Low: 2.7

If Caspian experiences continued weakness below 2.7, it will invariably l ……..

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LSE:EZJ EasyJet. Close Mid-Price: 541.4 Percentage Change: + 0.86% Day High: 555.2 Day Low: 539.2

In the event of EasyJet enjoying further trades beyond 555.2, the share s ……..

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LSE:FOXT Foxtons Close Mid-Price: 54.6 Percentage Change: -3.53% Day High: 56.2 Day Low: 54.8

Target met. Continued weakness against FOXT taking the price below 54.8 c ……..

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LSE:IAG British Airways. Close Mid-Price: 234.5 Percentage Change: + 7.18% Day High: 236.1 Day Low: 229.7

Target met. Further movement against British Airways ABOVE 236.1 should ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9258 Percentage Change: + 2.78% Day High: 9270 Day Low: 9072

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

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LSE:ITV ITV. Close Mid-Price: 63 Percentage Change: + 0.08% Day High: 63.3 Day Low: 61.3

Target met. Weakness on ITV below 61.3 will invariably lead to 56p with s ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 53.08 Percentage Change: -2.68% Day High: 54.64 Day Low: 52.7

Continued weakness against LLOY taking the price below 52.7 calculates as ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 905.6 Percentage Change: -0.57% Day High: 916.2 Day Low: 898.8

All Scottish Mortgage Investment Trust needs are mid-price trades ABOVE 9 ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 137.55 Percentage Change: -1.68% Day High: 139.8 Day Low: 137.25

Weakness on Taylor Wimpey below 137.25 will invariably lead to 122p with ……..

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

Posted on

FTSE for FRIDAY  (FTSE:UKX) looking a bit weird

#FTSE #Gold   In a bout of typical behaviour for the UK, on a day when BoE lowers interest rates in a positive movement for business, while the USA has gotten around to electing a President widely regarded as business friendly, the main market behaves as if there has been a deluge of bad news. The only fly in the ointment was the BoE deciding to blame the recent UK budget as causing a risk of inflation, quite ignoring their own unparalleled success in pushing prices upward. When this is added to a UK government which appears to lack the will to do anything about price gouging, perhaps the damage to the FTSE can be regarded as self inflicted.

Amusingly, Elon Musk tweeted (x’d?) the shocking image below on Thursday with an appropriately typical comment regarding the UK.

 

From a near term perspective, the FTSE certainly is producing plenty of cause for concern. Currently, below 8140 points risks promoting reversal down to an initial 8112 points with our secondary, if broken, an eventual bottom – hopefully – of 8049 points. Visually there is undoubtedly the potential for a bounce from 8112 points but we’re perhaps placing hope before common sense, wondering if the powers behind the market reach over and grab the steering wheel to swing from the path being taken.

If triggered, the tightest stop loss position looks like 8165 points.

 

Should a panic change in direction be scheduled, above 8195 points in needed to promote a useless movement to an initial 8209 points. It obviously doesn’t escape our sense of idiocy, this suggesting the FTSE need “only” move by 50 points to perhaps trigger a tame 14 point movement. But should 8209 be exceeded, our near term secondary is at 8231 points

Oddly, if we take a step back and ignore near term gain potentials, the Big Picture is actually fairly interesting and produces some more encouraging target levels. Above 8169 points should apparently be capable of provoking recovery to an initial 8282 with our secondary, if beaten, at 8309 points. We quite like this scenario, especially as it allows an incredibly tight stop loss at 8140 points.

 

Have a good weekend.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:20:24PM BRENT 7544 7405 7332 7485 7618 7816 7341
10:26:34PM GOLD 2705.84 2644 2618 2668 2711 2728 2691 ‘cess
10:30:35PM FTSE 8172.7 8132 8096 8171 8198 8210 8160
10:38:21PM STOX50 4870.6 4786 4770 4812 4878 4905 4848 Success
10:41:10PM GERMANY 19435.5 19236 19163 19335 19460 19567 19356 Success
10:44:53PM US500 5978 5921 5904 5950 5985 6005 5957 ‘cess
10:47:43PM DOW 43767.5 43370 43182 43766 43858 44001 43658
10:49:26PM NASDAQ 21103 20746 20631 20881 21132 21220 21007 ‘cess
10:52:12PM JAPAN 39682 39128 38890 39420 39718 39800 39529 ‘cess

 

7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%
1/11/2024 FTSE Closed at 8177 points. Change of 0.83%. Total value traded through LSE was: £ 5,128,610,563 a change of -23.79%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BME B & M** **LSE:CCL Carnival** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:IHG Intercontinental Hotels Group** **LSE:ITV ITV** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Barclays, B & M, Carnival, Foxtons, Hikma, Intercontinental Hotels Group, ITV, Scottish Mortgage Investment Trust, The Trainline, Taylor Wimpey,

LSE:ASC Asos Close Mid-Price: 340 Percentage Change: -0.58% Day High: 343.2 Day Low: 330.4

Target met. Weakness on Asos below 329 will invariably lead to 325p with ……..

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LSE:BARC Barclays Close Mid-Price: 253.85 Percentage Change: -1.67% Day High: 259.7 Day Low: 253.7

In the event of Barclays enjoying further trades beyond 259.7, the share ……..

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LSE:BME B & M. Close Mid-Price: 390 Percentage Change: + 1.80% Day High: 390.8 Day Low: 381.5

If B & M experiences continued weakness below 381.5, it will invariably l ……..

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LSE:CCL Carnival Close Mid-Price: 1660.5 Percentage Change: -1.25% Day High: 1694 Day Low: 1643.5

In the event of Carnival enjoying further trades beyond 1694, the share s ……..

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LSE:FOXT Foxtons Close Mid-Price: 56.6 Percentage Change: -2.41% Day High: 57.8 Day Low: 56

Target met. In the event Foxtons experiences weakness below 56 it calcula ……..

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LSE:HIK Hikma. Close Mid-Price: 1801 Percentage Change: + 1.64% Day High: 1801 Day Low: 1757

If Hikma experiences continued weakness below 1757, it will invariably le ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9008 Percentage Change: + 0.07% Day High: 9136 Day Low: 8954

Target met. All Intercontinental Hotels Group needs are mid-price trades ……..

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LSE:ITV ITV Close Mid-Price: 62.95 Percentage Change: -12.93% Day High: 71.8 Day Low: 63.6

If ITV experiences continued weakness below 63.6, it will invariably lead ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 910.8 Percentage Change: + 2.59% Day High: 913.4 Day Low: 892

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

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LSE:TRN The Trainline. Close Mid-Price: 416.8 Percentage Change: + 5.04% Day High: 423.4 Day Low: 398.8

Target met. Continued trades against TRN with a mid-price ABOVE 423.4 sho ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 139.9 Percentage Change: + 0.18% Day High: 142.35 Day Low: 138.55

If Taylor Wimpey experiences continued weakness below 138.55, it will inv ……..

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

Posted on

J.D. Wetherspoon Plc (LSE:JDW) worth drinking to?

#Gold #Nasdaq   It looks like we’re crawling toward an interesting end to the week.  Equity markets, already reacting positively to Mr Trump’s victory in the USA, now will hopefully be able to frame a response to a cut in Interest Rates from both the UK and the USA. Popular theory suggests markets sometimes “Price In” these forces, due to them being leaked well in advance, but in the case of the FTSE, even by UK standards the index is toddling off in an entirely wrong direction to suggest anything positive may be happening.

Of course, the Presidential outcome from the USA may also be causing some fright abroad, due to the number of celebrities who’ve vowed to leave the country if Mr Trump wins. Never one to let a bandwagon go past without jumping on, even the ex Scottish PM Humza Youseless has said he will leave Scotland if Mr Trump wins, leaping onto a “leave the country” bandwagon containing Taylor Swift, Cher, Amy Schumer, Sam L Jackson, Barbra Streisand, Whoopi Goldberg, and a bunch of other complete nonentities who’ve discovered the true level of influence they wield with the public.

 

J D Wetherspoon have been in the news recently, warning of the damage a near £60mn jump in taxes and costs will do to their business, following the UK Budget. The Bank of England shall surely need accelerate the pace of rate cuts to mitigate the damage being done to business by a larcenous and lost UK government. In other words, a visit to your local Wetherspoon is going to be more expensive but on the bright side, you may almost be able to afford your mortgage.

For us to take any recovery in their share price as real, Wetherspoon needs exceed 712p to tick the first box of hope, calculating with the potential of an initial 778p with our secondary, if beaten, at a longer term 811p. This is quite a big deal, due to closure above 811p potentially triggering a Big Picture movement to 1140p and a need for us to revisit the numbers.

However, that’s about the end of the good news as the share price is in an extremely fraught position, where weakness below 595p threatens travel down to an initial 509p with our secondary, if broken, at 459p and a potential bottom level. Visually, this is currently quite an unhappy share price but then again, who’d run a pub?

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:09:16PM BRENT 7508.1 Shambles
11:12:15PM GOLD 2662.47 2659 2651 2642 2670 2680 2699 2736 2660
11:15:08PM FTSE 8169.7 ‘cess
11:28:53PM STOX50 4812.8 Success
11:31:42PM GERMANY 19115 ‘cess
11:34:36PM US500 5929.6
11:39:20PM DOW 43751 Success
11:47:57PM NASDAQ 20778 20470 20330 20170 20607 20813 20859 21185 20663 Success
11:50:55PM JAPAN 39916 39417 39217 38902 39785 40162 40437 40774 39816 Success

 

6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%
1/11/2024 FTSE Closed at 8177 points. Change of 0.83%. Total value traded through LSE was: £ 5,128,610,563 a change of -23.79%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BME B & M** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Barclays, B & M, Carnival, Centrica, Diageo, EasyJet, Gulf Keystone, Hikma, British Airways, Intercontinental Hotels Group, Marks and Spencer, Natwest, Rolls Royce, Spirax, Standard Chartered, The Trainline,

LSE:BARC Barclays. Close Mid-Price: 258.15 Percentage Change: + 5.41% Day High: 257.95 Day Low: 250.9

Target met. Further movement against Barclays ABOVE 257.95 should improve ……..

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LSE:BME B & M Close Mid-Price: 383.1 Percentage Change: -1.84% Day High: 395.2 Day Low: 382.9

In the event B & M experiences weakness below 382.9 it calculates with a ……..

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LSE:CCL Carnival. Close Mid-Price: 1681.5 Percentage Change: + 7.89% Day High: 1690 Day Low: 1577.5

Target met. Further movement against Carnival ABOVE 1690 should improve a ……..

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LSE:CNA Centrica Close Mid-Price: 115.25 Percentage Change: -0.35% Day High: 116.35 Day Low: 113

If Centrica experiences continued weakness below 113, it will invariably ……..

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LSE:DGE Diageo Close Mid-Price: 2306 Percentage Change: -2.49% Day High: 2396 Day Low: 2288

Target met. In the event Diageo experiences weakness below 2288 it calcul ……..

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LSE:EZJ EasyJet Close Mid-Price: 534.4 Percentage Change: -0.45% Day High: 550.8 Day Low: 533.8

Target met. Continued trades against EZJ with a mid-price ABOVE 550.8 sho ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 135.5 Percentage Change: + 2.89% Day High: 143.3 Day Low: 133.6

Target met. Further movement against Gulf Keystone ABOVE 143.3 should imp ……..

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LSE:HIK Hikma Close Mid-Price: 1772 Percentage Change: -2.64% Day High: 1855 Day Low: 1776

Target met. In the event Hikma experiences weakness below 1776 it calcula ……..

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LSE:IAG British Airways. Close Mid-Price: 221.8 Percentage Change: + 3.02% Day High: 223.4 Day Low: 217.8

Target met. Continued trades against IAG with a mid-price ABOVE 223.4 sho ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9002 Percentage Change: + 5.24% Day High: 9078 Day Low: 8712

Target met. In the event of Intercontinental Hotels Group enjoying furthe ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 398.2 Percentage Change: + 3.83% Day High: 415.2 Day Low: 391.1

Target met. Further movement against Marks and Spencer ABOVE 415.2 should ……..

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LSE:NWG Natwest. Close Mid-Price: 390.3 Percentage Change: + 0.93% Day High: 396.6 Day Low: 384.9

All Natwest needs are mid-price trades ABOVE 396.6 to improve acceleratio ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 574 Percentage Change: + 2.50% Day High: 592 Day Low: 570

Continued trades against RR. with a mid-price ABOVE 592 should improve th ……..

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LSE:SPX Spirax Close Mid-Price: 6375 Percentage Change: -2.07% Day High: 6660 Day Low: 6375

Weakness on Spirax below 6375 will invariably lead to 6213p with secondar ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 942.8 Percentage Change: + 1.14% Day High: 952.4 Day Low: 929.8

Target met. Further movement against Standard Chartered ABOVE 953 should ……..

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LSE:TRN The Trainline Close Mid-Price: 396.8 Percentage Change: -0.80% Day High: 408.2 Day Low: 394.6

All The Trainline needs are mid-price trades ABOVE 408.2 to improve accel ……..

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