Author: T&T Staff

#Gold #FTSE  With all the buzz about the forthcoming UK Budget on 30th October,  we’re fascinated at the proposal to increase the tax on jobs, the so called Employers National Insurance Contribution (ENIC). Currently at 13.8%, ENIC is quite literally a tax for every job an employer creates and it is strange for a Labour government to propose working hard at reducing incentives for employers to create jobs. But then again, there is another facet to this as the only type of employees immune from an ENIC cost to employers are those over retirement age. In other words, pensioners may avoid freezing to death by becoming an attractive type of employee for business. It would certainly be a surprise if an interview process in the future also examined the grey hair count of the candidates!  Who knows, there may be life beyond holding a lollipop at a pedestrian crossing, especially when fast food outlets realise they’ve a quick way of increasing their bottom line by a not insignificant 14% or so.

Who knows, we may be facing an era where bunch of folk driving JCB’s, Cat D10’s, or Cranes may be old folks, retrained from their prior jobs. From a “bloke” perspective, the idea of spending time being paid to operate these big toys is almost as attractive as being paid to blow stuff up.

 

While obviously there’s a painful overhead, if choosing pension age folk, as a plethora of doctors appointments becomes probable… But on the bright side, it will once again become safe for pretty girls to walk past a building site without being whistled at, due to a workforce dominated by false teeth. Perhaps being a little whimsical here but, if I were running a 24/7 retail business, I’d certainly consider employing older staff and paying them a premium, due to the ENIC saving and the fact their tax position differs from conventional staff.

 

With Barratt finally taking over Redrow and delisting Barclays Developments from the market place, the replacement listing of the merged company is showing some interesting potentials for the future.

From a near term perspective, apparently above 517p should trigger convincing movement to an initial 573p with our secondary, if bettered, at a game changing potential of 602p. Our reasoning for describing such a target as game changing is fairly simple, it affords the share price the chance to move above a series of prior highs, making the potential of a long term 699p a viable ambition.

For everything to go horribly wrong, the share needs break below Red at 445p, entering a zone where a cycle down to 320 becomes possible.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:30:09PM	BRENT	7428
11:33:53PM	GOLD	2673.95	2659	2647	2634	2668	2686	2690	2697	2673	‘cess
11:37:49PM	FTSE	8346.6	8328	8314	8298	8348	8362	8379	8429	8326	Success
11:42:01PM	STOX50	4909.9									‘cess
11:44:42PM	GERMANY	19461.4
11:46:57PM	US500	5835.1
11:49:29PM	DOW	43039.5
11:54:19PM	NASDAQ	20142.3
11:57:18PM	JAPAN	39319

 

16/10/2024 FTSE Closed at 8329 points. Change of 0.97%. Total value traded through LSE was: £ 6,547,715,770 a change of 9.87%

15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%

14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%

11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : BALFOUR BEATTY, Carnival, Centamin, Capita, ECO (Atlantic) O & G, EasyJet, Fresnillo, Intercontinental Hotels Group, ITM Power, Lloyds Grp., Marks and Spencer, Rolls Royce, Spirax,

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 449.8 Percentage Change: + 1.67% Day High: 451.6 Day Low: 441.8

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

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LSE:CCL Carnival. Close Mid-Price: 1494 Percentage Change: + 1.15% Day High: 1505.5 Day Low: 1481

Further movement against Carnival ABOVE 1505.5 should improve acceleratio ……..

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LSE:CEY Centamin. Close Mid-Price: 157.3 Percentage Change: + 2.28% Day High: 159 Day Low: 154

In the event of Centamin enjoying further trades beyond 159, the share sh ……..

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LSE:CPI Capita. Close Mid-Price: 21.5 Percentage Change: + 1.18% Day High: 21.65 Day Low: 21

All Capita needs are mid-price trades ABOVE 21.65 to improve acceleration ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 9.6 Percentage Change: -6.34% Day High: 10.25 Day Low: 9.2

Target met. In the event ECO (Atlantic) O & G experiences weakness below ……..

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LSE:EZJ EasyJet. Close Mid-Price: 527.4 Percentage Change: + 1.81% Day High: 528 Day Low: 511.4

In the event of EasyJet enjoying further trades beyond 528, the share sho ……..

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LSE:FRES Fresnillo. Close Mid-Price: 669 Percentage Change: + 2.22% Day High: 678.5 Day Low: 663.5

Target met. All Fresnillo needs are mid-price trades ABOVE 678.5 to impro ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8562 Percentage Change: + 1.64% Day High: 8592 Day Low: 8404

Continued trades against IHG with a mid-price ABOVE 8592 should improve t ……..

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LSE:ITM ITM Power Close Mid-Price: 43.12 Percentage Change: -4.26% Day High: 46.2 Day Low: 43.02

If ITM Power experiences continued weakness below 43.02, it will invariab ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 61.2 Percentage Change: + 1.86% Day High: 61.1 Day Low: 60

In the event of Lloyds Grp. enjoying further trades beyond 61.1, the shar ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 393.4 Percentage Change: + 1.73% Day High: 393.4 Day Low: 387.1

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 560 Percentage Change: + 3.59% Day High: 558.8 Day Low: 546.8

Target met. In the event of Rolls Royce enjoying further trades beyond 55 ……..

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LSE:SPX Spirax. Close Mid-Price: 6715 Percentage Change: + 0.75% Day High: 6770 Day Low: 6655

Continued weakness against SPX taking the price below 6655 calculates as ……..

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

#FTSE #STOXX   The idea of going on a cruise is something which personally is abhorrent. We see these floating tower blocks reminiscent of council flats in Glasgow arriving locally at Greenock, fleeing to somewhere nicer on the next outgoing tide. But no stretch of the imagination could “Greenock/Gourock” be described as an attractive destination. It provides quite literally, the end of the line for the rail network from the city and like so many places finding themselves in such a situation, the word “charm” rarely can be applied to an area. Of course, when a cruise ship arrives at Greenock, there’s an indecent rush to load tourists onto tours to get them out of the town. This isn’t being written to produce an inflammatory response, due to most folk in the town dreaming of the time they can escape.

However, 2024 has seen record numbers of Carnival cruise ships visiting the town across the estuary from us and perhaps in celebration of this, Carnival share price has finally wandered above their Blue downtrend since 2017. Of course, such optimism may be due to complaints of Carnival “not taking prisoners” with the prices now charged for products on board ship. Bottled water has attracted serious venom, the purchase price apparently increased by 200% since 2020.

Surprisingly, during the cruise season, we also had the unusual experience of a cruise liner literally parking outside our bedroom window. This one was fairly tasteful visually and it disembarked hundreds of tourists to visit a local Victorian ornamental garden, along with a speciality tree museum just along the road. Apparently this departure from normality was a success with more visits allegedly planned for 2025. The odd thing is, such an event was hardly new as during the 19th century, paddle steamers from Glasgow would stop outside, passengers walking alongside our garden stream and up a staircase to visit the ornamental gardens established by the Lyle family of Tate & Lyle fame. Some of the passengers could even go further up the hill to catch a coach & horses which would meet up with another paddle steamer, this time heading up a fresh water loch before they again disembarked and were coached a few miles to once again be punished by catching a further paddle steamer to Inverarey.  The idea of cruises certainly seems to be firmly engrained in peoples attitude, the only immediate memory locally being a very solid pier, a quartz archway at the front of our garden, and the bridge below the base of our waterfall, a massive single stone slab of granite sufficiently wide for several people to walk side by side.

 

So, if optimism is indeed to be the order for the future and people are indeed happy to cram themselves into floating petri dishes, we should now look positively at Carnival share price potentials for the future.

First, panic shall be justified if the share price opts to close below 1381p, something which is visually unlikely.

Instead, above 1490p now looks capable of promoting a lift to an initial 1560p with our secondary, if beaten, calculating at a useful 1766p. Historically, during 2021 saw the share price stall at such a secondary level and we’d have every suspicion this shall happen again, causing some stutters in a rising cycle. However, current price movements allow us to propose a third level ambition if the price closes above this secondary of 1766p as it opens the door for a future attempt at 2718p.

 

If things intend go wrong, below 1381 looks troubling, allowing for price reversals to an eventual 694p.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:49:05PM	BRENT	7451.5									‘cess
10:52:44PM	GOLD	2662.06									Shambles
10:56:19PM	FTSE	8231.4	8229	8198	8153	8261	8275	8293	8314	8249	Success
11:07:20PM	STOX50	4926.6	4914	4896	4840	4940	4984	4997	5025	4944	Success
11:09:58PM	GERMANY	19473
11:12:55PM	US500	5818.4									Success
11:15:49PM	DOW	42746
11:19:48PM	NASDAQ	20177.2
11:23:09PM	JAPAN	38998									Success

 

15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%

14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%

11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

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

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

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

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

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

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

Click Epic to jump to share: LSE:CCL Carnival** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : Carnival, Capita, MAN, EasyJet, Intercontinental Hotels Group, ITM Power, Marks and Spencer, Rolls Royce, Spirax,

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LSE:CCL Carnival. Close Mid-Price: 1477 Percentage Change: + 5.42% Day High: 1490 Day Low: 1410

Target met. Continued trades against CCL with a mid-price ABOVE 1490 shou ……..

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LSE:CPI Capita. Close Mid-Price: 21.25 Percentage Change: + 4.68% Day High: 21.35 Day Low: 20.2

Further movement against Capita ABOVE 21.35 should improve acceleration t ……..

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LSE:EMG MAN Close Mid-Price: 211.6 Percentage Change: -1.31% Day High: 211.4 Day Low: 203.8

Target met. Continued weakness against EMG taking the price below 203.8 c ……..

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LSE:EZJ EasyJet. Close Mid-Price: 518 Percentage Change: + 3.15% Day High: 526.6 Day Low: 509.8

Target met. Continued trades against EZJ with a mid-price ABOVE 526.6 sho ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 8424 Percentage Change: -0.66% Day High: 8574 Day Low: 8418

Further movement against Intercontinental Hotels Group ABOVE 8574 should ……..

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LSE:ITM ITM Power Close Mid-Price: 45.04 Percentage Change: -1.18% Day High: 46.82 Day Low: 43.5

Weakness on ITM Power below 43.5 will invariably lead to 41p with seconda ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 386.7 Percentage Change: + 1.07% Day High: 387.6 Day Low: 382.9

Target met. Continued trades against MKS with a mid-price ABOVE 387.6 sho ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 540.6 Percentage Change: + 0.37% Day High: 548.6 Day Low: 532.6

Target met. Further movement against Rolls Royce ABOVE 548.6 should impro ……..

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LSE:SPX Spirax Close Mid-Price: 6665 Percentage Change: -3.75% Day High: 7070 Day Low: 6710

Target met. Weakness on Spirax below 6710 will invariably lead to 6485p w ……..

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

#Gold #DOW   Ever had one of these days when nothing actually worked out? Monday proved eventful in this respect as my schedule was planned. First, rise just after 7am, make coffee, and watch the markets as they opened, running a few test scenario to try and figure out where things are going. By 9:30, I was mentally propped to contact the DVLA in Swansea to discuss a problem with our registration document. Long story short, the dealer did the registration on-line, then also did it on paper, the registered keeper being myself on one document and my wife on another. It also increased the number of keepers. Once the incredibly helpful lady at the DVLA stopped laughing, she conceded she’d never experienced this and would need a superior to assist. It was to take quite a few hours to sort this out, so the next job was missed and my grey remained undyed. The next job was to order a garden shed, an exercise which failed due to payment authentication and the efforts of 3 Mobile.  A text message was supposed to arrive on my phone, allowing the transaction to be completed.

The phone, quite smugly, remains unimpressed and no message was received. Living in a mountainous area in Argyll, this wasn’t entirely unheard of so I climbed up above the cliff in the hope the bars on my phone appeared. They didn’t.

In frustration, I used my wifes phone to contact 3 Mobile, while also changing the “call verification” number with the bank. 3Mobile informed they’d turned off 3G services in our area, meaning I needed a new phone. As I’d replaced ny phone earlier this year, their advice was going to be wrong and of course, it was. The Samsung device “only” needed something enabled to allow 4g to work. Meanwhile, my wifes phone still had not received the verification code and I queried with the bank. It would take 48 hours for the change to enact and even if I wanted to change it back to my own phone number, it would still take 48 hours.

By now, we’d a car in the driveway which wasn’t entirely registered or insured, thanks to the mess up. We’d a phone which wasn’t working properly and a shed purchase hanging in utter limbo. Keeping calm was the order of the day, difficult to disguise due to my remaining surfeit of grey hair,  and all that was needed next was to order Heating Oil. Unfortunately, it was now after 5pm and they were closed, making this the most unsuccessful “To Do” list ever to ruin a Monday.

 

ASOS share price seems to have been executing a “Not To Do” list of concepts as it has proven pretty foul since May 2023. On the bright side, when we previously reviewed this, we’d speculated on a potential bottom at 277p but encouragingly, the lower it has fallen has been around 320p, perhaps implying some hidden strength in the share price. We can certainly wonder if their recent sale of “TopShop” shall justify some growth in the share price or perhaps, their sane charge of a return fee of nearly £4 to challenge those buyers who are just messing around with a previous free return policy. Alternately, of course, there’s the risk the Chinese giant Shein will close in as they invade the UK after eclipsing Boohoo?

Currently, it feels like some recovery potential is slowly becoming possible, movement above just 436 hopefully triggering recovery to an initial 530 with our secondary, if bettered, an amazing (and thus, unlikely) looking 573p.

Should things intend behave like our Monday, below 411 threatens weakness to an initial 394 with our secondary, if broken at 385p. We would really hope for a bounce before the 385p level as the share price, from a Big Picture argument, cannot afford to experiment below such.

 

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:02:44PM	BRENT	7490.8									Success
11:38:20PM	GOLD	2648.27	2644	2635	2635	2654	2668	2674	2684	2656
10:42:08PM	FTSE	8315.1									Success
10:45:41PM	STOX50	5051.5									Success
10:50:41PM	GERMANY	19557.1									‘cess
11:20:51PM	US500	5865.5									Success
11:26:17PM	DOW	43135	42701	42596	42410	42914	43154	43423	44107	42701
11:30:22PM	NASDAQ	20452									Success
11:35:43PM	JAPAN	40115									‘cess

 

14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%

11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

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:EZJ EasyJet** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

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Updated charts published on : EasyJet, ITM Power, Rolls Royce, Standard Chartered,

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LSE:EZJ EasyJet. Close Mid-Price: 502.2 Percentage Change: + 1.33% Day High: 506.6 Day Low: 490

Further movement against EasyJet ABOVE 506.6 should improve acceleration ……..

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LSE:ITM ITM Power Close Mid-Price: 45.58 Percentage Change: -0.78% Day High: 48 Day Low: 44.9

In the event ITM Power experiences weakness below 44.9 it calculates with ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 538.6 Percentage Change: + 0.26% Day High: 539 Day Low: 526.8

Continued trades against RR. with a mid-price ABOVE 539 should improve th ……..

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LSE:STAN Standard Chartered Close Mid-Price: 839.4 Percentage Change: -0.26% Day High: 845.6 Day Low: 830.8

Continued trades against STAN with a mid-price ABOVE 845.6 should improve ……..

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

 #Brent #Germany  It’s not often you get to prove to your wife that you’re not a fruitcake but on Saturday night a miracle happened. At 9pm, outside and looking at the sky, there were three stars in a neat row, a formation which had no business being in the sky at that time of night. Due to repeated inept attempts to catch recent Borealis, somehow I’d become aware of what to expect and for a change, I called my wife to come look at the strange lineup. Needless to say, neither of us brought a camera. She came outside, started to become irritated at the sub-zero temperature but finally understood which line of stars we were looking at.

Suddenly, the “middle” star moved, heading in the direction of the southern one, then reversed, moving at the sort of speed expected when the International Space Station meanders through the night sky. Abruptly, it changed direction, moving off at an angle at an even higher speed, then suddenly accelerated north and vanished from sight at stunning speed in utter silence. My wife forgot the cold, asking instead “what the heck was that?” We returned indoors, I explained what it couldn’t have been, conceding a loss to explain what we’d just watched, something unidentified. And just to confirm, a check of one of the aircraft radar sites showed nothing was in the sky. We’d officially watched something “Unidentified”. And to give a polite cough, it was also above Europe’s Top Secret nuclear arms dump here in Argyll which will probably be making conspiracy theorists detonate.

 

For a change, our leader article actually relates to our discussion topic, mystery signs which simply cannot be clearly identified. Barclays keeps showing optimistic signals, suggesting the share price might actually move in a positive direction. Maybe like our unidentified light in the sky, it simply needs sufficient numbers of folk to believe in it…

Our latest “positive signal” for Barclays comes from the point at which the share price closed the session on Friday 11th October. By closing at 235.85p, the share price managed to close above a downtrend which dates back to a silly sounding February 2007. When we extrapolate on this particular trend line, on Friday it needed to close above 235.229p and by a less than impressive 0.3p, this feat was achieved. Perhaps it’s meaningless, perhaps it’s the case the market is conceding this share price could actually become useful.

Currently, we shall be inclined to take movements above 241.65, the prior high before the trend was exceeded, at holding the potential of triggering share price shuffles toward an initial 255p with our longer term secondary, if this initial is exceeded, calculating at a future 316p. To judge by historical behaviour, we shall not be surprised if the 316p level experiences some hesitation.

Should things intend go wrong, Barclays share price needs diminish below 216 to cause trouble, risking promoting reversal to 194 with our secondary, if broken, at an eventual 162p. We do have a suspicion, if such messy reversals are triggered, we would hope to see the share price bounce well before our secondary target at 162p, ideally around 180p.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
3:11:48AM	BRENT	7878	7732	7669	7570	7968	7968	8138	8347	7856
11:19:31PM	GOLD	2656.68								2651
11:24:05PM	FTSE	8256.4								8247
11:25:57PM	STOX50	4999								4994
11:28:11PM	GERMANY	19352.9	19174	19103	19004	19266	19402	19449	19630	19346
11:39:36PM	US500	5812								5800
11:43:46PM	DOW	42847.2								42700
11:45:34PM	NASDAQ	20261.1								20227
11:47:20PM	JAPAN	39725								39690

 

11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%

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:CPI Capita** **LSE:ECO ECO (Atlantic) O & G** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Carnival, Capita, ECO (Atlantic) O & G, Firstgroup, Fresnillo, ITM Power, Oxford Instruments, Rolls Royce,

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LSE:CCL Carnival. Close Mid-Price: 1446 Percentage Change: + 1.83% Day High: 1446.5 Day Low: 1411

All Carnival needs are mid-price trades ABOVE 1446.5 to improve accelerat ……..

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LSE:CPI Capita. Close Mid-Price: 20.95 Percentage Change: + 2.70% Day High: 21.25 Day Low: 20.4

Continued trades against CPI with a mid-price ABOVE 21.25 should improve ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10 Percentage Change: -5.66% Day High: 10.62 Day Low: 10.12

Continued weakness against ECO taking the price below 10.12 calculates as ……..

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LSE:FGP Firstgroup Close Mid-Price: 137.4 Percentage Change: -0.07% Day High: 138 Day Low: 135.8

Target met. Weakness on Firstgroup below 135.8 will invariably lead to 12 ……..

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LSE:FRES Fresnillo. Close Mid-Price: 663.5 Percentage Change: + 1.45% Day High: 666.5 Day Low: 656

Target met. In the event of Fresnillo enjoying further trades beyond 666. ……..

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LSE:ITM ITM Power Close Mid-Price: 45.94 Percentage Change: -3.69% Day High: 48.86 Day Low: 45.4

Continued weakness against ITM taking the price below 45.4 calculates as ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 1970 Percentage Change: + 1.13% Day High: 2040 Day Low: 1932

Weakness on Oxford Instruments below 1932 will invariably lead to 1853p w ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 537.2 Percentage Change: + 1.36% Day High: 535.8 Day Low: 523

All Rolls Royce needs are mid-price trades ABOVE 535.8 to improve acceler ……..

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

FTSE for FRIDAY  (FTSE:UKX)  

Our impoverished British Prime Minister,  reduced to accepting donations of clothes and spectacles for his family once he took office, now appears to be plumbing a new low, something the Americans even have coined a phrase for. “Stolen Valour” is currently being used to describe one of the Vice President nominations, a bloke who claims to have been in war and also, to have left the US army at a rank he’d not actually achieved. Personally, while being fairly dispassionate about the whole thing, it was with a bit of a shock when the UK Prime Minister claimed a family member had been aboard a ship which was torpedoed during the Falklands war. Unless his uncle was fighting for Argentina, those of us who lived through that period will remember absolutely NO British vessels were sunk by torpedo.

To be honest, when news of an Argentinean ship being sunk appeared, it was a fairly scary moment for those of us gathered in a pub that Tuesday evening, jointly worried if conscription was about to be inflicted on younger males of a draftable age. But unless the Prime Ministers relative was working for the Argentineans, it’s unlikely he was torpedoed, though it would go some way to explaining the fury – at the time – from certain members of the Labour Party who seemed to think such an event was “just not fair”.

Tonight, it was tempting to steal someone else’s photograph of the Aura Borealis on Thursday evening. The show was substantially better than the display last May as this time, curtains of light were clearly visible in the sky above Argyll, amazing colours appearing then vanishing, along with what looked like jet contrails crossing the sky from East to West. As a “sensible” photographer, a camera is always ready to be grabbed and this time, my fancy Nikon was pulled off the shelf. Shown below, green lights moving above the trees, utterly concealing how impressive the evening was. It appears to use my model of Nikon successfully at night, a degree in photography would help. The camera can do a close up of an aircraft at 40,000 feet, just by using the zoom button but night-time snapshots are a little challenging. Hence, considering committing the crime of “Stolen Snapshots” to try and illustrate an event which finally gave an understanding as to why folk drool about Aurora Borealis. On the plus side, no-one is going to steal the photo below as it’s a bit rubbish.

 

It’s interesting to note, since the previous Aurora event in May 2024, the FTSE has hardly moved, fluttering above and below the 8300 point level. In the same period, the DOW has gained 3,000 points while Germany managed a 1,000 point gain. Even France has been worthy of comment, unfortunately due to the index sinking by 500 points. But for the UK, we’re worried at the markets ability to effectively flatline for 5 months. Perhaps everyone is waiting for our obviously impoverished Prime Minister to make an appearance at the gates of Downing St, busking on a banjo about his old Uncle Albert in the Navy. All he needs is someone to donate a big hat for begging.

 

Anyway, returning to the FTSE, we’re obviously extremely frustrated at the lack of imaginative movement for the recent 5 months. Visually, if it were a share, we’d be pretty comfortable it was simply awaiting the correct set of circumstances to head upward and paint new all time highs. To be fully ridiculous, we need to admit the FTSE index value is now regarded as trading in a zone where a future attraction is coming from 10,190 points. This is a significant number when compared with current price levels. The obvious worry with such halts in market gains is the old threat, “if it ain’t goin’ up, it’s goin’ down.”. Generally, when a share price experiences this sort of hesitation, any downward movement tends be short lived, the market being surprised by quite coherent recovery and gains.

 

From a nearer term perspective, the salient detail the FTSE hasn’t actually done anything since May 2024 is proving extremely frustrating., creating a situation where below 8220 points now threatens reversal to an initial 8146 with our secondary, if broken, at the possibility of joining Prime Minister Starmer on the pavement, begging for a low of 8089 points. If triggered, the tightest stop looks attractive at 8236 points.

Our alternate scenario allows above 8274 points triggering gains to an initial 8327 points with our secondary, if beaten, at an amazing 8459 points!.

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:56PM	BRENT	7902	7672	7551	7413	7806	7966	8138	8344	7865	‘cess
10:12:48PM	GOLD	2629.27	2603	2593	2580	2619	2632	2637	2643	2617	‘cess
10:18:30PM	FTSE	8252.8	8216	8193	8164	8243	8280	8300	8339	8256
10:22:08PM	STOX50	4978.3	4949	4929	4907	4969	4988	4998	5015	4965
10:50:25PM	GERMANY	19226.5	19143	19131	19072	19243	19291	19381	19540	19218
11:05:09PM	US500	5782.6	5763	5758	5745	5780	5795	5808	5823	5770
11:09:25PM	DOW	42475	42300	42245	42136	42428	42550	42582	42676	42430
11:13:52PM	NASDAQ	20246	20114	20089	20011	20320	20320	20367	20451	20183
11:16:52PM	JAPAN	39390	38871	38860	38576	39130	39509	39682	39949	39216	Success

 

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%

2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%

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:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

********

Updated charts published on : AFC Energy, Carnival, ECO (Atlantic) O & G, Fresnillo, Marks and Spencer, Oxford Instruments, Spirax,

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LSE:AFC AFC Energy Close Mid-Price: 8.5 Percentage Change: -8.60% Day High: 9.04 Day Low: 7.51

Target met. Weakness on AFC Energy below 7.51 will invariably lead to 6.2 ……..

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LSE:CCL Carnival. Close Mid-Price: 1420 Percentage Change: + 1.25% Day High: 1424.5 Day Low: 1370.5

In the event of Carnival enjoying further trades beyond 1424.5, the share ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10.6 Percentage Change: -3.64% Day High: 11 Day Low: 10.62

Weakness on ECO (Atlantic) O & G below 10.62 will invariably lead to 9.4p ……..

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LSE:FRES Fresnillo. Close Mid-Price: 654 Percentage Change: + 3.48% Day High: 650 Day Low: 627

Further movement against Fresnillo ABOVE 650 should improve acceleration ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 379.9 Percentage Change: -0.78% Day High: 383.5 Day Low: 377.3

Further movement against Marks and Spencer ABOVE 383.5 should improve acc ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1948 Percentage Change: -2.40% Day High: 1992 Day Low: 1956

If Oxford Instruments experiences continued weakness below 1956, it will ……..

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LSE:SPX Spirax Close Mid-Price: 6910 Percentage Change: -1.14% Day High: 6985 Day Low: 6860

Target met. If Spirax experiences continued weakness below 6860, it will ……..

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

#Gold #SP500   Historically, we’ve ample reason to utterly distrust Silver price movements, quite literally dating back to that Friday in 2011 when we suspect whoever was controlling the price  went out for wet lunch, leaving an intern to make decisions. When everyone came back from the pub and noticed Silver was almost at 50 dollars, the commodity suffered the fastest reversals seen since that Falklands oil company mentioned the bucket of oil they’d discovered was actually just dirty water. Prompting us to revisit Silver, the final episode of Grand Tour with Jeremy Clarkson, James May, and Richard Hammond, featured the trio pretending to smuggle several kilo’s of Silver out of Zimbabwe and in the process discovering the only border in the continent not manned by folk with guns and more soldiers than can be justified. Spoiler alert; their cunning plan was a success but a further question arose?

In the 7 years since they started the show, Jeremy Clarkson has somehow managed to become around 18 months pregnant, developing a massive baby bump which calls the state of his health into question. His car in the final episode was a diminutive Lancia Monte Carlo, a car designed for folk with a smaller stature, and how he managed to get in and out of the vehicle remains a puzzle. But on the bright side, as someone with experience driving that little sports car extensively at high speed, it was a pleasure to finally see one appear on a car program.

 

Returning to their efforts of smuggling silver out of the country, an initial workout for the eyebrows came when they discussed the price of the raw metal in Zimbabwe. A quick visit to exchange rates and our calculations showed the potential for quite an impressive 10 fold profit. Though it may have been 1,000 fold as there was some uncertainty about how they paid for it. Inevitably, the final episode of the show inspired us to actually revisit Silver to try and discover if the markets harbour any ambitions for a future above the $30 level. Surprising to note, there are some early signs hinting this may be the case.

In the last few weeks, the price of Silver has dared to break above the downtrend since 2011 but importantly, the value of the metal has not been permitted to close above the trend. Instead, we’ve 8 upward flourishes which just may be a tease to sucker folk into believing price movements with Silver will follow those of Gold. This feels very unlikely but we shall now be interested if Silver bubbles above $33 as this should now trigger a lunge in the direction of 36.2 next with our longer term secondary, if bettered, at 38.8 dollars.

Overall, should the price of Silver manage to close above the $33 level, we shall regard it as entering a long term cycle to a future $45.

 

But of course, thanks to events in 2011 and our ability to maintain a long term grudge, we’d now be concerned if Silver melted below $29.5 as weakness down to an initial $23 calculates as possible with our secondary, if broken, at a hopeful bottom of just $20 and hopefully a proper bounce.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:20:38PM	BRENT	7669.4									‘cess
11:23:30PM	GOLD	2608.86	2605	2595	2565	2624	2625	2632	2641	2615
11:26:22PM	FTSE	8268									Shambles
11:31:35PM	STOX50	4984									‘cess
11:34:49PM	GERMANY	19269									‘cess
11:38:13PM	US500	5788.4	5733	5710	5681	5759	5797	5807	5852	5769	‘cess
11:42:12PM	DOW	42512.7									Success
11:44:51PM	NASDAQ	20261									Success
11:48:17PM	JAPAN	39658

 

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%

2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%

1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%

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:MKS Marks and Spencer** **LSE:MMAG Music Magpie** **

********

Updated charts published on : AFC Energy, Carnival, Marks and Spencer, Music Magpie,

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LSE:AFC AFC Energy Close Mid-Price: 9.3 Percentage Change: -6.06% Day High: 10.06 Day Low: 9.15

If AFC Energy experiences continued weakness below 9.15, it will invariab ……..

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LSE:CCL Carnival. Close Mid-Price: 1402.5 Percentage Change: + 8.34% Day High: 1403.5 Day Low: 1292

Further movement against Carnival ABOVE 1403.5 should improve acceleratio ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 382.9 Percentage Change: + 2.96% Day High: 382.4 Day Low: 373.8

Target met. All Marks and Spencer needs are mid-price trades ABOVE 382.4 ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.65 Percentage Change: + 0.58% Day High: 8.84 Day Low: 8.6

Continued trades against MMAG with a mid-price ABOVE 8.84 should improve ……..

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

#FTSE #NASDAQ When running through the headlines prior to writing about Rolls Royce, we accidentally stumbled over an Autocar article about the new Rolls-Royce Ghost offering from BMW. Our reasoning for avoiding ever buying a Rolls Royce comes from the other BMW marque, “Mini” along with the often appalling reliability of the vehicles. A relative experienced this at first hand, eventually being told the only fix the dealer could recommend was a new engine, along with the risk this might not solve the electronic problem. Eventually, she realised they simply were unable to sort the issue and effectively scrapped the vehicle, buying a Toyota which has proven utterly reliable, especially as she remembered to have rust treatment applied before it enjoyed Scotlands salty roads.

Of course, the real reason to avoid buying a Rolls Royce, especially after reading the Autocar review, relates to the price of the things. Dropping a 1/3rd of a million on a car which is designed to convince the occupants they are not in a car is silly. Plus, when a chum bought a Bentley Continental GT, within the first year he appreciated cars such as this cannot be purchased unless you can also afford the exorbitant maintenance costs. And thus, after admitting there’s no way we could afford the purchase of a Roller, it’s time to review the real Rolls Royce company who no longer make the cars on which their fame was initially built.

With Rolls Royce and their stunning reputation in jet engine manufacture, it must be admitted there are few companies more deserving of trust when they have successfully knocked together modular nuclear power generation plants, their designs now approved in the USA. Essentially, this is a regime where a few big trucks can park beside a source of water, then produce sufficient electricity to charge a Tesla or provide power for an entire city. With the USA seeming to find its infrastructure trashed in different areas by weather events, there must be a growing awareness mobile nuclear power perhaps shall not be a bad thing. And if it comes with a Rolls Royce logo, so much the better.

 

Rolls Royce share price has been climbing quite remorselessly during 2024, thankfully paying visual homage to our prior target levels of 309 and 397p. For a while, we suspected it may be “stuck” at the 309 level until in February this year, the market opted to gap the price up to 355p and get things moving. Once again, things stalled at the 397 level until, once again, the market gapped the share price upward toward the end of March this year. With price gains again kick started, Rolls Royce finally hit a high of 535p a few weeks ago, the period since working hard to give the impression the rising cycle has again stalled.

We smell a rat.

While we suspect some dramatics shall be possible in the near term with a chance of reversal to 494p, it feels like there is plenty of room for more positive gains. Our scenario is pretty unusual, suspecting the market may play ball by once again gapping Rolls Royce upward anytime soon, preferably above 550p as this trigger calculates with an initial target of 642p. In the event such a level is exceeded, we can introduce a long term target of 721p and that’s it. The share price shall either need a really convoluted path to 721p or the market will need to keep gapping it up at the open for us to be gifted with the ability of calculating beyond 721p.

And of course, there’s always the classic danger of us thinking we understand what’s happening with this share price and unfortunately, usually with someone is convinced they know what’s going on, that’s the point where the universe gives a lazy grin and says “gotcha”.

Our only defence at this point needs RR to close a session below 494p to justify panic.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
1:13:14AM	BRENT	7743									Shambles
1:16:00AM	GOLD	2522.15									Success
1:23:36AM	FTSE	8215.3	8182	8155	8095	8230	8267	8300	8340	8227	Success
1:27:11AM	STOX50	4958.3									‘cess
1:51:22AM	GERMANY	19101
1:55:30AM	US500	5747.5
1:59:45AM	DOW	42051.2
2:08:53AM	NASDAQ	20084.9	19976	19937	19871	20080	20137	20190	20258	20077	‘cess
2:13:24AM	JAPAN	39382									Success

 

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%

2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%

1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%

30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%

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:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **LSE:TLW Tullow** **

********

Updated charts published on : ECO (Atlantic) O & G, EasyJet, Gulf Keystone, Oxford Instruments, Spirax, Tullow,

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 11 Percentage Change: -2.22% Day High: 11.25 Day Low: 10.75

If ECO (Atlantic) O & G experiences continued weakness below 10.75, it wi ……..

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LSE:EZJ EasyJet. Close Mid-Price: 494 Percentage Change: + 0.63% Day High: 497.3 Day Low: 483.7

Now above 503 should be interesting, capable of triggering recovery to an ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 133.3 Percentage Change: + 4.88% Day High: 137 Day Low: 129.4

In the event of Gulf Keystone enjoying further trades beyond 137, the sha ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1982 Percentage Change: -2.60% Day High: 2015 Day Low: 1984

Continued weakness against OXIG taking the price below 1984 calculates as ……..

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LSE:SPX Spirax Close Mid-Price: 6945 Percentage Change: -2.32% Day High: 7065 Day Low: 6980

In the event Spirax experiences weakness below 6980 it calculates with a ……..

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LSE:TLW Tullow Close Mid-Price: 25.02 Percentage Change: -5.58% Day High: 27.16 Day Low: 24.72

Further movement against Tullow ABOVE 27.16 should improve acceleration t ……..

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