Author: T&T Staff

#Gold #WallSt  Living by the sea here in Argyll, we’ve a quite ambiguous relationship with fishing. An outdoors shed is almost entirely given over to the pass-time, containing a bewildering range of rods, reels, lures, nets, waterproofs, all the paraphernalia a proper fisherman needs. Aside from our little boat, we’ve not spent a penny on this homage to the sport, friends preferring to leave their equipment as it’s always here for their next visit.

 

Some years, we become utterly fed up eating mackerel, other years it’s trout, and everything always punctuated by the occasional dozy Pollock.

Folk tend to cling to an assumption I enjoy wishing, due to the oft repeated tale of the time I caught a salmon. Sitting beside a local river estuary at low tide, salmon could be often seen battling their way upstream through the shallows and rocks exposed by the reduced sea level. In a fit of madness, I had jumped in after one, eventually catching it in a bear hug, making my way to shore, and giving it to one of the local lads who haunted the river with something called ‘A Gaff’, essentially a big steel hook at the end of a stick.

Arriving home, soaked, no-one believed the story until he turned up later with £10, payment from the local hotel. The actual value may have been quite a bit higher as this event took place before farmed fish became commonplace, with a commensurate reduction in the price of fresh salmon. And from memory, the fish was almost too heavy for 8 year old me to lift.

However, catching a fish by hand didn’t set me up to become fanatical about the sport, probably quite the opposite. But I’m always impressed at quite how much money folk are prepared to spend in following the sport, going through life ignorant of the truism; it’s called “Fishing” and not “Catching”…

 

Angling Direct, both online and with a chain of store in England, appear to be covering all bases and even ensuring prospective fishermen have the correct clothing for the sport, less they disappoint their target audience by wearing the wrong hat or incorrect sunglasses. Few people would enjoy going through life, knowing they had failed to impress a fish.

All joking aside, one item of clothing in the countryside which always proves useful is a body warmer (a gilet), something with a decent selection of pockets. And experience has taught, the only reliable place to purchase useful body warmers are angling stores, presumably manufactured with the assumption buyers want more than a pocket for a mobile phone and some shotgun cartridges.

 

Prompting this visit to Angling Direct share price was the news a chum is visiting for the weekend, intending to get some fishing in. He has apparently bought a new rod, an item which should prove capable of casting lures further than ever before. My usual contribution to proceedings will be aiming the boat, sometimes tying up are moorings, more often opening a bottle of cider. It makes for a very relaxed day, usually unsullied by the unpleasant duty of netting any fish.

 

Currently trading around 31p, Angling Direct (LSE:ANG) only need exceed this level to make an attempt at 36 next with our secondary, if exceeded at a visually sane 40p and some probable hesitation, due to a little historical plateau at this level. But for the longer term, closure above 40p becomes a crucial ambition, dropping the share price into an area where it could easily lure a long term visit to 79p and hopefully beyond.

The share price looks like it’s now capable of some recovery and we suspect the important task shall be to aim to exceed the pre-pandemic high again.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:50:46PM	BRENT	71.89									Success
9:52:43PM	GOLD	1957.33	1949	1938	1923	1959	1967	1973	1981	1954	‘cess
9:54:51PM	FTSE	7585.8
9:56:39PM	STOX50	4335.9									‘cess
9:58:54PM	GERMANY	16156									Success
10:21:29PM	US500	4343.57									Success
10:24:12PM	DOW	34069	33867	33795	33700	33974	34080	34180	34291	33933	‘cess
10:26:53PM	NASDAQ	14816.72									Success
10:29:55PM	JAPAN	32700									‘cess

 

12/06/2023 FTSE Closed at 7470 points. Change of -1.22%. Total value traded through LSE was: £ 4,496,360,714 a change of 0.19%

9/06/2023 FTSE Closed at 7562 points. Change of -0.49%. Total value traded through LSE was: £ 4,487,952,425 a change of -12.07%

8/06/2023 FTSE Closed at 7599 points. Change of -0.33%. Total value traded through LSE was: £ 5,104,102,479 a change of 3.08%

7/06/2023 FTSE Closed at 7624 points. Change of -0.05%. Total value traded through LSE was: £ 4,951,636,659 a change of 0.85%

6/06/2023 FTSE Closed at 7628 points. Change of 0.38%. Total value traded through LSE was: £ 4,909,723,355 a change of 21.93%

5/06/2023 FTSE Closed at 7599 points. Change of -0.11%. Total value traded through LSE was: £ 4,026,661,677 a change of -31.04%

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

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:ASC Asos** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:HL. Hargreaves Lansdown** **LSE:QED Quadrise** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Asos, Caspian, Cellular Goods, Carnival, Hargreaves Lansdown, Quadrise, Vodafone, Zoo Digital,

LSE:ASC Asos. Close Mid-Price: 329.3 Percentage Change: + 1.29% Day High: 330.7 Day Low: 322.3

If Asos experiences continued weakness below 322, it will invariably lead ……..

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LSE:CASP Caspian Close Mid-Price: 5.05 Percentage Change: -8.18% Day High: 5.3 Day Low: 5.05

Weakness on Caspian below 5.05 will invariably lead to 4.5 with secondary ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.85 Percentage Change: -2.86% Day High: 0.88 Day Low: 0.85

Continued weakness against CBX taking the price below 0.85 calculates as ……..

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LSE:CCL Carnival. Close Mid-Price: 1024.5 Percentage Change: + 12.66% Day High: 1045 Day Low: 907.8

Target met. Continued trades against CCL with a mid-price ABOVE 1045 shou ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 859.2 Percentage Change: -0.28% Day High: 872.6 Day Low: 855.2

In the event of Hargreaves Lansdown enjoying further trades beyond 872.6, ……..

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LSE:QED Quadrise. Close Mid-Price: 1.47 Percentage Change: + 15.72% Day High: 1.65 Day Low: 1.5

Target met. All Quadrise needs are mid-price trades ABOVE 1.65 to improve ……..

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LSE:VOD Vodafone Close Mid-Price: 72.85 Percentage Change: -2.71% Day High: 74.85 Day Low: 72.91

In the event Vodafone experiences weakness below 72.91 it calculates with ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 115.5 Percentage Change: -1.70% Day High: 117.5 Day Low: 115.5

In the event Zoo Digital experiences weakness below 115.5 it calculates w ……..

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

#Brent #Dax  Reading a throwaway comment over the weekend provided genuine pause for thought. The famous Wall St crash of 1929, notorious for the first real incident of “It’s Raining Men” which precursed the famous Weather Girls tune. The commentary finished with a conclusion, one which suggested the 1929 crash didn’t complete until 16 years later, following the 2nd World War.

Our thinking was easily captured by an attractive implication embodied within this thinking.

 

If the market crash of 2007/8/9 is to be viewed in a similar fashion, perhaps there’s a chance of some solace finally making an appearance, at least for the UK and European markets. While the USA has adopted an “all steam ahead” approach since the most recent crash, on this side of the water, especially with the financial sector, we’ve remained trapped in stodge, banking shares proving especially pathetic which hoping to see signals of imminent hope. Instead, every three weeks, we find ourselves searching for any suggestions of optimism, creating scenario which even if triggered, tend to fizzle out like a Pound Shop firework.

All things considered, it’s an interesting thought, one which suggests we may finally be approaching an era where banking sector shares actually start moving with a degree of integrity!

 

 

Of course, this is all an excuse to try and explain why Barclays, no matter what we say every three weeks, never actually enacts any useful movements!

 

The immediate situation suggests strength above 166p should promote the concept of share price recovery to an initial 172p with secondary, if bettered, at 186p. We remain curious about the Blue downtrend on the chart as it dates back to 2007. Share price movements this year make it pretty clear the market regards this trend line as important and given the potentially positive effects of this scenario, any break now above Blue is liable to enjoy some strong long term potentials.

 

However, we have our doubts, exactly due to the reason the market regards Blue as critical. Instead, we suspect once again an attempt shall be enacted to keep Barclays marching on the spot as below 148p now looks capable of triggering reversal to an initial 133p, hopefully with a bounce. If broken, our secondary works out at a hopeful bottom of 112p.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:56:47PM	BRENT	75.02	74.52	73.13	71.62	75.51	76.16	77.98	79.8	75.1
10:58:43PM	GOLD	1961.09								1960
11:00:37PM	FTSE	7571.85								7583
11:02:36PM	STOX50	4296.6								4290
11:05:57PM	GERMANY	15960.88	15917	15872	15821	15978	16015	16049	16093	15982
11:07:53PM	US500	4303.57								4291
11:09:24PM	DOW	33884.8								33811
11:11:24PM	NASDAQ	14547								14463
11:13:53PM	JAPAN	32347								32349

 

9/06/2023 FTSE Closed at 7562 points. Change of -0.49%. Total value traded through LSE was: £ 4,487,952,425 a change of -12.07%

8/06/2023 FTSE Closed at 7599 points. Change of -0.33%. Total value traded through LSE was: £ 5,104,102,479 a change of 3.08%

7/06/2023 FTSE Closed at 7624 points. Change of -0.05%. Total value traded through LSE was: £ 4,951,636,659 a change of 0.85%

6/06/2023 FTSE Closed at 7628 points. Change of 0.38%. Total value traded through LSE was: £ 4,909,723,355 a change of 21.93%

5/06/2023 FTSE Closed at 7599 points. Change of -0.11%. Total value traded through LSE was: £ 4,026,661,677 a change of -31.04%

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

1/06/2023 FTSE Closed at 7490 points. Change of 0.59%. Total value traded through LSE was: £ 5,105,968,663 a change of -64.14%

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:CASP Caspian** **LSE:CCL Carnival** **LSE:HL. Hargreaves Lansdown** **LSE:IPF International Personal Finance** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:SRP Serco** **

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Updated charts published on : Asos, Caspian, Carnival, Hargreaves Lansdown, International Personal Finance, Just Eat, Parkmead, Serco,

LSE:ASC Asos Close Mid-Price: 325.1 Percentage Change: -5.25% Day High: 348.8 Day Low: 328.3

If Asos experiences continued weakness below 328, it will invariably lead ……..

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LSE:CASP Caspian Close Mid-Price: 5.5 Percentage Change: -0.90% Day High: 5.55 Day Low: 5.3

Target Met. Now below 5.25 calculates with the potential of reversal to an ……..

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LSE:CCL Carnival. Close Mid-Price: 909.4 Percentage Change: + 1.36% Day High: 926 Day Low: 878

Above 926 should still make an attempt at 961 next with secondary, if beat ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 861.6 Percentage Change: + 0.47% Day High: 870 Day Low: 858

Further movement against Hargreaves Lansdown ABOVE 870 should improve acc ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 118 Percentage Change: + 0.85% Day High: 120 Day Low: 116.5

Target met. In the event of International Personal Finance enjoying furth ……..

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LSE:JET Just Eat. Close Mid-Price: 1104 Percentage Change: + 0.91% Day High: 1103 Day Low: 1069

Continued weakness against JET taking the price below 1069 calculates as ……..

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LSE:PMG Parkmead Close Mid-Price: 18.5 Percentage Change: -5.13% Day High: 19.75 Day Low: 18.5

If Parkmead experiences continued weakness below 18.5, it will invariably ……..

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LSE:SRP Serco. Close Mid-Price: 143.8 Percentage Change: + 0.70% Day High: 144.2 Day Low: 139.1

Target met. Weakness on Serco below 139.1 will invariably lead to 137 wit ……..

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

#FTSE #GOLD  The downtrend on the FTSE which dates back to May 2018 appears to be still exerting influence across the market. As the chart and extracts below highlight quite clearly, extraordinary care has been taken to ensure the UK market has failed to close a session above the Blue line, something which may prove important if searching for a “safe” trade.

 

As always, we must remind readers there’s absolutely no such thing as a safe trade (stuff happens) but there’s a balance of probabilities. If the market decides it has sufficient excuse to allow the UK index to again close above the long term downtrend, we shall be inclined to take it as a strong signal yet another attempt to break upwards is once again about to occur. Then again, perhaps it’s also the case where the market has a case of nerves and what we’re seeing is the risk of imminent reversal due to this fear of closing above the trend.

Who knows?

Our inclination is to firstly present our positive scenario for the FTSE as the index needs very little work which should ideally trigger some near term gains. Near term, above 7639 points should prove capable of a lift to an initial 7699 points with secondary, if this initial is exceeded, calculating at 7747 points. Perhaps, with the US due to experience a Payrolls day on Friday, it shall be revealed mass employment has been discovered in an industry which involves geese and lots of golden eggs! If triggered, the tightest stop looks quite wide at 7582 points.

The alternate, reversal scenario, needs the index to wander below 7582 as this risks triggering reversal down to an initial 7564. Our secondary, should this modest level fail, calculates down at 7496 points.

Despite the lack of a grand-prix, have a good weekend. Perhaps there will be decent live music at Le Mans for the 24 hour race, not that we’re going. Live commentary tends become tedious, after the first few minutes.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:43:15PM	BRENT	75.57	73.52	72.41		75.49	76.77	77.49		75.74	Shambles
10:45:13PM	GOLD	1965.75	1953	1941		1967	1970	1978		1961	Success
10:47:40PM	FTSE	7619	7585	7581		7605	7627	7640		7607
10:49:09PM	STOX50	4310.9	4270	4253		4294	4311	4324		4287
10:51:00PM	GERMANY	16012.72	15886	15821		15961	16027	16075		15936
10:52:44PM	US500	4294.52	4259	4242		4276	4300	4313		4279
11:01:16PM	DOW	33815.9	33588	33496		33680	33868	33893		33756	‘cess
11:03:15PM	NASDAQ	14495.47	14239	14151		14353	14511	14617		14400	‘cess
11:05:13PM	JAPAN	31877	31412	31272		31700	32030	32094		31715

 

8/06/2023 FTSE Closed at 7599 points. Change of -0.33%. Total value traded through LSE was: £ 5,104,102,479 a change of 3.08%

7/06/2023 FTSE Closed at 7624 points. Change of -0.05%. Total value traded through LSE was: £ 4,951,636,659 a change of 0.85%

6/06/2023 FTSE Closed at 7628 points. Change of 0.38%. Total value traded through LSE was: £ 4,909,723,355 a change of 21.93%

5/06/2023 FTSE Closed at 7599 points. Change of -0.11%. Total value traded through LSE was: £ 4,026,661,677 a change of -31.04%

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

1/06/2023 FTSE Closed at 7490 points. Change of 0.59%. Total value traded through LSE was: £ 5,105,968,663 a change of -64.14%

31/05/2023 FTSE Closed at 7446 points. Change of -100%. Total value traded through LSE was: £ 14,237,190,282 a change of 0%

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:DGE Diageo** **LSE:FGP Firstgroup** **LSE:HL. Hargreaves Lansdown** **LSE:IPF International Personal Finance** **LSE:JET Just Eat** **LSE:QED Quadrise** **LSE:VOD Vodafone** **

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Updated charts published on : Diageo, Firstgroup, Hargreaves Lansdown, International Personal Finance, Just Eat, Quadrise, Vodafone,

LSE:DGE Diageo Close Mid-Price: 3326 Percentage Change: -0.22% Day High: 3361 Day Low: 3304.5

Weakness on Diageo below 3304 will invariably lead to 3288 with secondary ……..

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LSE:FGP Firstgroup. Close Mid-Price: 135.2 Percentage Change: + 13.90% Day High: 143.6 Day Low: 125.9

Target Met. This now shows interesting potentials as above 144 indicates t ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 857.6 Percentage Change: + 3.10% Day High: 863.2 Day Low: 831.4

Continued trades against HL. with a mid-price ABOVE 864 should improve the ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 117 Percentage Change: + 3.08% Day High: 117.5 Day Low: 112

Continued trades against IPF with a mid-price ABOVE 118 should improve the ……..

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LSE:JET Just Eat Close Mid-Price: 1094 Percentage Change: -4.95% Day High: 1178 Day Low: 1091

Target Met. This is getting potentially very bad as movement below 1091 no ……..

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LSE:QED Quadrise. Close Mid-Price: 1.29 Percentage Change: + 28.87% Day High: 1.22 Day Low: 1.2

Something has happened! Above 1.34 now suggests traffic to an initial 1.62 ……..

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LSE:VOD Vodafone Close Mid-Price: 74.15 Percentage Change: -5.52% Day High: 75.68 Day Low: 73.96

Target Met. Below 73 now suggests 71 next with our secondary, if broken, a ……..

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

#Gold #Japan  Everyone knows the markets are about to collapse. We can read news of this, literally daily, across most of the financial media but of course, the reality is proving quite different. Markets are neither collapsing or rising at present, mainly flaffing around and doing very little, if we’re honest. Since April, Wall St has effectively described a flat line, albeit a line which is a difficult 1500 points wide.

This behaviour is especially a nuisance, due to most of the action actually taking place in the opening seconds of trade with the resultant session proving as interesting as watching a flower moving to track the sun. It’s making any concept of being glued to our monitors, watching “the action”, something difficult to justify and unfortunately, this malaise and lack of purpose feels standard across both the European and US markets. Japan, while more active, is pointless due to the difficulty in trading shares most Western brokerage accounts don’t list.

 

We’ve a term we often use in-house; “if it ain’t going up, check for signals it’s going down” with the contra also proving true, often.

 

 

However, there’s something else which has become fairly common over the last few years, a reality where a price goes up, reaches a level, and then relaxes for a while, neither heading upward or downward with any real strength. This is the situation with which we find Wall St at present and it’s a fairly big deal. According to a few of our rules, Wall St should be heading to 35,400 points currently, rather than messing around and doing very little.

Does this mean we should advocate the potential of panic in the months ahead?

 

In an answer with is at odds with our trite; “if it ain’t going up” saying, we’re not convinced reversal is waiting in the wings. Instead, we suspect this US market is awaiting something it perceives as good news which shall force sharp market gains. The earliest signal for upward travel looks like above 34,000 points triggering a change in fortunes to an initial 35,440 points with secondary, if exceeded, at a longer term attraction around 37,100 and a brand new all time high for the index. In fact, from a bigger picture viewpoint, conventional logic suggests the market is supposed to be flirting with the idea of paying homage above 40,000 points eventually. Of course, none of this matches the daily rhetoric found in the financial media, where people appear to measure their contribution by the weight of negativity they provide.

 

Inevitably, there are risks with assuming this hiatus in an upward cycle is “just” a pause, while awaiting a positive driving force. We complain, frequently, of the harsh reality that when we review shares which are not in the “sexy” category such as found with the Nasdaq, where just 20 shares out of 500 constituents outperform sufficiently to make the entire index look incredibly healthy. Only when one drills down to mundane shares (usually household names) does a different reality become clear of unpleasant numbers of shares remaining embedded in trading levels which fail to exceed the highs achieved before the pandemic drop in 2020.

Maybe it shall prove to be the case, true growth for Wall St (and everyone else) shall only commence once a cure is discovered to assist the majority of shares “stuck” at pandemic levels. It’s already clear higher interest rates haven’t worked, higher inflation hasn’t helped, higher boardroom pay hasn’t helped. Maybe it shall be the case where less regulation (where regulation often seems to be for its own sake) shall assist in a return to times when business’s could actually drive themselves forward.

While we’re talking about the USA, it’s difficult not to remember Jeremy Clarkston and his little farm, constantly foiled in every attempt to improve his business by nonsense levels of regulation.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:52:23PM	BRENT	76.76									‘cess
10:55:14PM	GOLD	1940.4	1939	1931	1918	1948	1954	1956	1961	1944	‘cess
10:57:19PM	FTSE	7629.05
11:00:12PM	STOX50	4289.5
11:02:33PM	GERMANY	15948.18
11:05:14PM	US500	4272.32
11:17:20PM	DOW	33676									‘cess
11:20:07PM	NASDAQ	14316									Success
11:22:26PM	JAPAN	31872	31757	31533	31142	31928	32288	32338	32421	32015	Success

 

7/06/2023 FTSE Closed at 7624 points. Change of -0.05%. Total value traded through LSE was: £ 4,951,636,659 a change of 0.85%

6/06/2023 FTSE Closed at 7628 points. Change of 0.38%. Total value traded through LSE was: £ 4,909,723,355 a change of 21.93%

5/06/2023 FTSE Closed at 7599 points. Change of -0.11%. Total value traded through LSE was: £ 4,026,661,677 a change of -31.04%

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

1/06/2023 FTSE Closed at 7490 points. Change of 0.59%. Total value traded through LSE was: £ 5,105,968,663 a change of -64.14%

31/05/2023 FTSE Closed at 7446 points. Change of -1.01%. Total value traded through LSE was: £ 14,237,190,282 a change of 154.29%

30/05/2023 FTSE Closed at 7522 points. Change of -100%. Total value traded through LSE was: £ 5,598,786,913 a change of 0%

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:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:QED Quadrise** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SRP Serco** **

********

Updated charts published on : British Telecom, Cellular Goods, Carnival, Just Eat, Marks and Spencer, Quadrise, Scottish Mortgage Investment Trust, Serco,

LSE:BT.A British Telecom. Close Mid-Price: 149.45 Percentage Change: + 3.75% Day High: 150.55 Day Low: 143.35

Above 158 now looks capable of triggering movement to an initial 165 with ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.88 Percentage Change: -0.57% Day High: 0.88 Day Low: 0.88

This is a bit grim as below .88 now suggests a visit to 0.58 and hopefully ……..

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LSE:CCL Carnival. Close Mid-Price: 910.2 Percentage Change: + 2.18% Day High: 922.4 Day Low: 882

Above 923 should still make an attempt at 961 next with secondary, if beat ……..

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LSE:JET Just Eat Close Mid-Price: 1151 Percentage Change: -1.46% Day High: 1166 Day Low: 1130

In the event Just Eat experiences weakness below 1130 it calculates with a ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 189.75 Percentage Change: + 1.15% Day High: 194.95 Day Low: 188.55

Continued trades against MKS with a mid-price ABOVE 195 should improve the ……..

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LSE:QED Quadrise Close Mid-Price: 1 Percentage Change: -6.88% Day High: 1.05 Day Low: 0.95

Weakness on Quadrise below 0.95 will invariably lead to 0.7 and that’s it. ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 696 Percentage Change: -0.57% Day High: 700.2 Day Low: 687.6

Scottish Mortgage Investment Trust needs mid-price trades ABOVE 701 to con ……..

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LSE:SRP Serco Close Mid-Price: 142.6 Percentage Change: -0.63% Day High: 144.8 Day Low: 140.8

If Serco experiences continued weakness below 140.8, it will invariably le ……..

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

#FTSE #Stoxx50  Loyalty is a funny old thing. There’s a writer, Jules Verne,  who knocked together ‘20,000 Leagues Under the Sea’ in 1870, a truly enjoyable read along with some quite clever political commentary of the age. His equally famous ‘Journey to the Centre of the Earth’, produced in 1864 wasn’t in the same class but still a fun read. Somehow,  his ‘From the Earth to the Moon’ had been missed, the title never appealing but coming across the original translation in a tabletop sale in our village hall made it an opportunity too good to miss.

Somehow, it quickly rose to equal the status of a Woody Allen film, my eyeballs begging for the chore to hurry up and end, as it felt clear the translator was paid by the word. Additionally, Verne was doubtless embracing the concept of pumping something out to keep money flowing in. Parts of the book were fun, especially the “regard” with which the author holds England as he rarely missed an opportunity to exhibit contempt for Westminster, but when the reader just wants a book to end, it’s clear something has gone wrong.

 

The important thing about the book was the opportunity to finish it, while attending a garden party on Tuesday afternoon. My wife’s company somehow felt inspired to hold a surprise “do”, taking advantage of the unusual Scottish weather (hot and not raining) and conceding no-one really wanted to do any work anyway. They decided on a Caribbean theme, opting to really spice things up with a classical recital by a group of stringed instrument players. Thankfully, I’d spotted the impending audio hell and retrieved my book from the car, making myself quietly comfortable at the back of the marquee, safe in the knowledge it’d be assumed I was working on something important as everyone knows that’s all market nerds do!

With amazing synergy, the classical noise ended moments after I closed the book, and it was time for food.

 

Life has really returned to normal, or what passes for normal here in Argyll. Perhaps similar is occurring with the price of Crude oil.

 

 

When we reviewed Brent back in March, we’d proposed a scenario which allowed for reversal to the 70 dollar level.  Before the month was complete, the price indeed his 70 dollars and bounced half heartedly. The market decided the bounce wasn’t sufficient, opting to gap (manipulate – circled) the price of crude oil above the immediate Red uptrend, returning to a zone where once again corporate and government avarice can take over as there would be the potential of a return above $100.

The attempt at forcing the price heavenward failed, Brent once again dropping below the immediate uptrend and hitting the 70 dollar level repeatedly. We are not convinced the $70 glass floor shall last as there are continued arguments anticipating shuffles down to the upper 50 dollar level, a price range which felt almost “natural” in the period from late 2015 onwards, the fake rise erroneously blamed on Russia & Ukraine starting to feel like an aberration.

 

Now below 70 dollars should trigger reversal to an initial $60 with secondary, if broken, down at $56 and a probable rebound. We can introduce a third level ambition down at the $42 level, such an argument only supported by quite weak logic.

If Brent intends any serious upward price travel, our inclination is to view the Glass Ceiling at $88 as a trigger level, one which if exceeded allows for sharp price movement to the $102 level.

For now, we expect oil to eventually settle toward $56, doubtless causing a panic over inflation rates and inflated interest rates.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:36:38PM	BRENT	76.11									‘cess
11:39:04PM	GOLD	1963.82
11:41:15PM	FTSE	7646.34	7554	7532	7494	7595	7648	7652	7666	7625	‘cess
11:54:24PM	STOX50	4308.7	4274	4261	4245	4296	4309	4314	4328	4289
11:56:23PM	GERMANY	16031.5
11:58:10PM	US500	4287.47
12:00:20AM	DOW	33573									‘cess
12:02:22AM	NASDAQ	14562.4
12:05:34AM	JAPAN	32562									‘cess

 

6/06/2023 FTSE Closed at 7628 points. Change of 0.38%. Total value traded through LSE was: £ 4,909,723,355 a change of 21.93%

5/06/2023 FTSE Closed at 7599 points. Change of -0.11%. Total value traded through LSE was: £ 4,026,661,677 a change of -31.04%

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

1/06/2023 FTSE Closed at 7490 points. Change of 0.59%. Total value traded through LSE was: £ 5,105,968,663 a change of -64.14%

31/05/2023 FTSE Closed at 7446 points. Change of -1.01%. Total value traded through LSE was: £ 14,237,190,282 a change of 154.29%

30/05/2023 FTSE Closed at 7522 points. Change of -1.38%. Total value traded through LSE was: £ 5,598,786,913 a change of 22.18%

26/05/2023 FTSE Closed at 7627 points. Change of -100%. Total value traded through LSE was: £ 4,582,588,809 a change of 0%

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:AFC AFC Energy** **LSE:CCL Carnival** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:JET Just Eat** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:PMG Parkmead** **

********

Updated charts published on : AFC Energy, Carnival, Diageo, ECO (Atlantic) O & G, Just Eat, Music Magpie, Natwest, Parkmead,

LSE:AFC AFC Energy Close Mid-Price: 14.66 Percentage Change: -4.31% Day High: 15.54 Day Low: 14.5

This is not good as below 14.5 still looks like a visit to 14p next (or ju ……..

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LSE:CCL Carnival. Close Mid-Price: 890.8 Percentage Change: + 2.18% Day High: 895.6 Day Low: 854.6

Target Met. Now above 896 should make an attempt at 961 next with secondar ……..

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LSE:DGE Diageo. Close Mid-Price: 3351 Percentage Change: + 0.57% Day High: 3361 Day Low: 3306.5

Weakness on Diageo below 3306 will invariably lead to 3288 with secondary ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 17.75 Percentage Change: + 1.43% Day High: 17.75 Day Low: 17.75

Now needing above 20p to give hope, ideally triggering recovery to an init ……..

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LSE:JET Just Eat Close Mid-Price: 1168 Percentage Change: -4.03% Day High: 1194 Day Low: 1150

In the event Just Eat experiences weakness below 1150 it calculates with a ……..

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LSE:MMAG Music Magpie Close Mid-Price: 15.25 Percentage Change: -3.17% Day High: 15.75 Day Low: 14.5

Target Met. Now below 14.5 calculates with a reversal potential to 10.2p, ……..

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LSE:NWG Natwest. Close Mid-Price: 260.7 Percentage Change: + 0.85% Day High: 260.6 Day Low: 255.9

If Natwest experiences continued weakness below 255, it will invariably le ……..

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LSE:PMG Parkmead Close Mid-Price: 19.6 Percentage Change: -7.76% Day High: 21.25 Day Low: 19.5

Now below 19.5p suggests the potential of reversal next to 18.1 with secon ……..

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

(NYSE:GME) #Gold #SP500  My wife, out doing the dog walk, was hailed by another dog walker who introduced herself as “The Dead Woman”. Thankfully, each immediately fell about giggling. My habit of giving folk nicknames while remembering their dogs name made recounting stories after a walk easy as no-one really walks dogs meet people. But my wife was horrified at “The Dead Woman” moniker, demanding I ‘fess up and actually swap names with her, probably the first time in history a wife demanded her husband introduce himself to a strange woman! Thus, the lady who works for a Funeral company now has a real name. It transpires everyone does similar things, my wife known as Penny WUF due to one of our dog names and three letters from her car number plate.

 

We’re allowed to be whimsical and today, we’re taking a look at this American share, ‘cos it was nearly 500 dollars in 2021 and presents itself with the potential for a quick lesson. A shorting campaign, leading to the inevitable useless political “awkward questions” and now, it’s trading around $24 with folk mentioning it’s a bargain. As a result, there’s no shortage of folk claiming the share price is ready to skyrocket again (it isn’t) but perhaps, we may give our brief thoughts on “the trend”. (No share is ever a bargain. Sometimes, prices stop going down, when they stop trading…)

 

Firstly, there’s the drop dead obvious downtrend since January 2021, a pair of market highs giving ample excuse to paint a Blue downtrend on the chart. We use Blue for downtrends, Red for uptrends, and the reason is simple, it makes a bland chart more colourful. There is no other reason.

Having drawn a downtrend, the first question which must be asked; “Is this maybe valid?”

Thankfully, in the case of Gamestop, the market absolutely answered “Yes” with a movement in March of this year. As the chart below highlights, the share price was gapped above the Blue line, a fairly obvious motion which forecefully hints the downtrend may be over. Unfortunately, since the share price was barged above the Blue downtrend, not much has really happened and any promise of the share price shooting above $150 as mooted on some fanciful internet chatrooms remains, like a politicians conscience, empty.

Now, if we take a look at the last two months since the trend break at 19.50 US dollars, what has really happened?

From our perspective, quite a lot, and it leaves plenty of room for some optimism in the period ahead. If we choose to focus on the share Closing Prices as they appear less likely to be the victim of internet fuelled certainty. Instead, we can see the share price is currently trading at the highest levels since the trend break. Generally, this is regarded as a good thing with the next “safe” indicator supposed to be when a share price exceeds the most recent level which defined the Blue downtrend. As this is around $159, it’s sane to suggest it isn’t going to happen anytime soon. But we still like it when a price starts to achieve ‘higher highs’ once it has broken a trend.

 

For Gamestop, the immediate situation suggests movement above just $26 should now make an attempt at an initial $32 with our longer term secondary, if beaten, working out at a future $39. While neither ambition comes close to the values once achieved, this particular share price needs a massive fairy with a massive wand to boost it by a $100 dollars. Or perhaps they shall issue a set of stunning earnings results but, we’d guess from price movements, the real “trend” for Gamestop was established with movements since August 2022 with any recovery of strength being applied, due to a history of hard work and solid progress. This, unfortunately, is also known as the slow path but for now, we’re optimistic about its future. Time, as always, remains the unknown constraint.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:39:01PM	BRENT	76.3									‘cess
9:41:20PM	GOLD	1961.57	1949	1938	1923	1967	1967	1973	1985	1955	‘cess
10:04:09PM	FTSE	7594.43									‘cess
10:21:53PM	STOX50	4288									‘cess
10:24:13PM	GERMANY	15951									‘cess
10:26:25PM	US500	4275.62	4268	4261	4248	4284	4302	4328	4361	4268
10:28:12PM	DOW	33579
10:30:16PM	NASDAQ	14555									‘cess
10:32:31PM	JAPAN	32124									Success

 

5/06/2023 FTSE Closed at 7599 points. Change of -0.11%. Total value traded through LSE was: £ 4,026,661,677 a change of -31.04%

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

1/06/2023 FTSE Closed at 7490 points. Change of 0.59%. Total value traded through LSE was: £ 5,105,968,663 a change of -64.14%

31/05/2023 FTSE Closed at 7446 points. Change of -1.01%. Total value traded through LSE was: £ 14,237,190,282 a change of 154.29%

30/05/2023 FTSE Closed at 7522 points. Change of -1.38%. Total value traded through LSE was: £ 5,598,786,913 a change of 22.18%

26/05/2023 FTSE Closed at 7627 points. Change of 0.75%. Total value traded through LSE was: £ 4,582,588,809 a change of -1.57%

25/05/2023 FTSE Closed at 7570 points. Change of -100%. Total value traded through LSE was: £ 4,655,843,667 a change of 0%

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:DGE Diageo** **LSE:MKS Marks and Spencer** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Carnival, Diageo, Marks and Spencer, Music Magpie, Natwest, Ocado Plc, Zoo Digital,

LSE:CCL Carnival. Close Mid-Price: 871.8 Percentage Change: + 1.47% Day High: 871.6 Day Low: 856.2

Target met. Further movement against Carnival ABOVE 871.6 should improve ……..

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LSE:DGE Diageo Close Mid-Price: 3332 Percentage Change: -1.20% Day High: 3410 Day Low: 3323

Weakness on Diageo below 3323 will invariably lead to 3288 with secondary ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 187.9 Percentage Change: + 0.99% Day High: 189.7 Day Low: 186.9

Continued trades against MKS with a mid-price ABOVE 189.7 should improve ……..

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LSE:MMAG Music Magpie Close Mid-Price: 15.75 Percentage Change: -4.55% Day High: 16.5 Day Low: 15.75

In the event Music Magpie experiences weakness below 15.75 it calculates ……..

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LSE:NWG Natwest Close Mid-Price: 258.5 Percentage Change: -2.45% Day High: 266.4 Day Low: 256.9

If Natwest experiences continued weakness below 256.9, it will invariably ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 343.4 Percentage Change: -4.13% Day High: 364 Day Low: 342.4

Target met. If Ocado Plc experiences continued weakness below 342.4, it w ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 117.5 Percentage Change: -3.69% Day High: 127.75 Day Low: 116.5

Weakness on Zoo Digital below 116.5 will invariably lead to 109 with seco ……..

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

#Brent #DAX  The list of things to moan about is extensive. Additions this weekend include the Covid-19 vaccine and the incredibly boring Spanish Grand Prix. Receiving the vaccine from on Friday afternoon was daft, ensuring any side effects would last the weekend. Suffice to say, there were side effects which effectively turned Saturday into a non-day. It was strange, waking up at the usual 7am, ready to carefully plan which jobs could be avoided by watching Formula1 qualifying.

 

Unfortunately, 30 minutes later, the first side effects of the Covid-19 jag (Pfizer, yet again) made themselves known as every single bone decided it wanted to broadcast pain signals. And just to make it interesting, suddenly the temperature felt like it had dropped, shaking violently with extreme discomfort and, to be honest, panic. Four hours later, painful bones had walked out, replaced with horrible muscle pains in the legs and arms and in another hour or so, the freezing temperature sensation decided to vanish, leaving a blinding headache instead.

Sleep, thank goodness, was waiting in the wings and while knowing it was “just” the side effects of the vaccine, experiencing the reality made it easy to opt to miss watching live qualifying, sleeping on and off until 9pm on Saturday night. Apparently, for fans of the weather, it had been a good day.

 

Waking on Sunday morning at 7am, expecting a “rinse & repeat” session, like competent government, all side effects had vanished and the remaining few hours of the weekend were spent catching up with everything not done on Saturday. By good grace, the motor race was to prove easy to avoid thanks to processional racing which allowed plenty of time to attach something dangerous to a grass strimmer, a spinning tool with 6 thick knife blades, a probably highly illegal (bought it on eBay) device which makes hedges and bushes wish they’d never been born. Regardless of the number of wasps or bees inhabiting a hedge, by being a safe(ish) 4 feet away, there are usually few dramatics. This time around, shutting the engine down every 10 minutes to go check on the motor race revealed the top 10 was essentially unchanged, there being no point in rewinding to catch some action.

 

 

However, it appears Natwest share price remains more boring than a Formula1 race, even one seasoned with Pfizer side effects. When we previously reviewed the share, we promised great things if it would only close a session above 270p.

It did!

The initial euphoria lasting just a single session until the market decided it had a better idea, once again plunging the share price below the Green downtrend since 2015, causing us to write this trend line off as a bad show. This creates a situation where we’re supposed to promise movement next above 276p should target an initial 295p with secondary, if exceeded, at 305 and some very, very, probable hesitation is any rise.

For this to start going properly wrong for Natwest, their share price now needs below 251 for concern, allowing reversal to trigger to an initial 243p with our secondary, if the initial breaks, calculating down at 238p and hopefully a proper bounce.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:45:58PM	BRENT	76.31	74.2	73.5	72.51	75.24	76.47	76.68	78.46	75.11	‘cess
10:48:47PM	GOLD	1948.38								1973
10:52:11PM	FTSE	7621.89								7582	Success
10:53:57PM	STOX50	4328.7								4294	‘cess
10:56:08PM	GERMANY	16054.28	15883	15840	15762	15978	16076	16088	16243	16011	‘cess
10:58:16PM	US500	4281.02								4240	Success
11:01:17PM	DOW	33764.2								33522	Success
11:03:23PM	NASDAQ	14533.75								14517	Success
11:06:01PM	JAPAN	31905								31827	Success

 

2/06/2023 FTSE Closed at 7607 points. Change of 1.56%. Total value traded through LSE was: £ 5,839,256,981 a change of 14.36%

1/06/2023 FTSE Closed at 7490 points. Change of 0.59%. Total value traded through LSE was: £ 5,105,968,663 a change of -64.14%

31/05/2023 FTSE Closed at 7446 points. Change of -1.01%. Total value traded through LSE was: £ 14,237,190,282 a change of 154.29%

30/05/2023 FTSE Closed at 7522 points. Change of -1.38%. Total value traded through LSE was: £ 5,598,786,913 a change of 22.18%

26/05/2023 FTSE Closed at 7627 points. Change of 0.75%. Total value traded through LSE was: £ 4,582,588,809 a change of -1.57%

25/05/2023 FTSE Closed at 7570 points. Change of -0.75%. Total value traded through LSE was: £ 4,655,843,667 a change of -31.38%

24/05/2023 FTSE Closed at 7627 points. Change of -1.74%. Total value traded through LSE was: £ 6,784,933,914 a change of 44.14%

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:AFC AFC Energy** **LSE:CCL Carnival** **LSE:IPF International Personal Finance** **LSE:MMAG Music Magpie** **LSE:NG. National Glib** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : AFC Energy, Carnival, International Personal Finance, Music Magpie, National Glib, Scottish Mortgage Investment Trust, Vodafone, Zoo Digital,

LSE:AFC AFC Energy Close Mid-Price: 15.08 Percentage Change: -1.18% Day High: 15.74 Day Low: 15

Weakness on AFC Energy below 15 will invariably lead to 14 with secondary ……..

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LSE:CCL Carnival. Close Mid-Price: 859.2 Percentage Change: + 5.60% Day High: 860 Day Low: 827

All Carnival needs are mid-price trades ABOVE 860 to improve acceleration ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 115 Percentage Change: + 2.68% Day High: 116.5 Day Low: 112

Continued trades against IPF with a mid-price ABOVE 116.5 should improve ……..

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LSE:MMAG Music Magpie Close Mid-Price: 16.5 Percentage Change: -4.35% Day High: 17.25 Day Low: 16.5

Continued weakness against MMAG taking the price below 16.5 calculates as ……..

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LSE:NG. National Glib Close Mid-Price: 1055 Percentage Change: -0.05% Day High: 1060 Day Low: 1041.5

Weakness on National Glib below 1041.5 will invariably lead to 1038 with ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 697.6 Percentage Change: + 3.69% Day High: 699 Day Low: 678

All Scottish Mortgage Investment Trust needs are mid-price trades ABOVE 6 ……..

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LSE:VOD Vodafone Close Mid-Price: 75.63 Percentage Change: -0.66% Day High: 77.54 Day Low: 74.15

Continued weakness against VOD taking the price below 74.15 calculates as ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 122 Percentage Change: -0.81% Day High: 123 Day Low: 121

If Zoo Digital experiences continued weakness below 121, it will invariab ……..

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