Author: T&T Staff

#FTSE #GOLD The UK Government, always a market leader in impoverishing its citizens, spent the last week announcing what was effectively the grand total of zero help. First, we had the unedifying sight of the Prime Minister announcing people would experience savings of 5p per litre on fuel. The truth was the exact opposite, the government would not be charging their extra 5p for fuel tax (duty). It was the equivalent of the bloke announcing the average household would be £5,000 better off as he’d decided not to increase income tax. Absolutely no-one would be better off and the much vaunted VAT reduction to 5% on certain restrictive items would lead to around £10 annually saved per UK household, this figure released (between bouts of laughter and giggles) by the left leaning Institute for Fiscal Studies. The UK Government appear to be missing the point, people want to eat regularly, heat and light their homes, and travel to work, yet no effort is being made to address the core issues.

There is one aspect of the governmental effort worth remembering. By cutting VAT to 5% against a pathetic range of children’s charges, it has been finally conceded the 20% VAT rate is no longer sacrosanct and can be further addressed in the future. If politicians decide to do anything useful to assist with the cost of ‘existing’ in the UK.

Obviously, our primary concern is the cost of ingredients for making wine and using 1kg sugar as a benchmark, the cost varies between the main supermarkets by an astounding 40%. It’s useful to note Sainsbury are cheapest at 89p/kg for granulated sugar as opposed to a high at 135p/kg from another retailer who was 100p/kg just a week ago. To explain, usually purchasing 60kg (4 x 15 bag outers) at the start of the fermentation season means the core ingredient is taken care of, just needing grape concentrate from various regions of Europe, along with various odds and ends, ensures the process can commence, our two 30 litre primary fermentation drums hopefully kept busy. There would be no point in creating a fermentation shed, if it wasn’t kept busy. But to be fair, it’s highly probable nothing shall be produced in 2027 or 2028 as our wine racks will be utterly full. That is, always assuming we can replicate last years Rioja, Merlot, Pinot Gris, and Chardonay. Though this year, we are trying something different in a never ending attempt to reach the holy grail quality of Chateauneuf Du Pape, trying a repeat fermentation of particular Grenache concentrate. Our suspicion is the journey toward a wine which retails at 40 quid+ for a decent bottle shall not be a cheap trip, conventional methodology being ditched in favour of the unorthodox. But heck, with this hobby, it’s the journey which matters, perhaps more than the final product.

On a brighter note, it’s the Canadian Grand Prix this weekend, usually a reliable shambles of a race with lots of rumours already available promising a fall-out between F1 drivers and the body who keep getting the rules very wrong.

As for the FTSE, the index has been driving us insane, refusing to behave with any degree of logic and the USA/Iran thing being blamed for everything. It’s almost as if President Trump’s attempt to shake up the world economy with tariffs failed, so he’s applied a completely different technique to screw everything up and provoke a “restart” where Covid-19 failed, where Ukraine failed, where Tariffs failed, and its possible the “Straits” thing will also fail. Perhaps the world simply shall cheerfully slide back into the rut it’s been stuck in, producing lacklustre politicians and lacklustre economies, all of whom were happy to function in the stability of stagnation. Who knows, it’s a theory and perhaps a warning of the dangers of reading essays on current economics. Sometimes, they start to make an awful lot of sense, unfortunate if one examines international posturing before WW1 and then, before WW2…

Heading into a holiday weekend, the FTSE is currently wearing a happy hat. Apparently, above 10,472 points should produce a lunge to an initial 10,501 points and a challenge of the immediate Blue downtrend. Our secondary, should this initial be exceeded, works out at a relatively useful 10,572 points. If triggered, the tightest stop looks like an amazing 10,470 points. Common sense suggests wider, preferably around 10,360 points.

As usual, we can present a converse scenario as below 10,360 points risks triggering reversal to an initial 10,300 points with our secondary, if broken, a very possible bounce point at 10,216 points.

Have a good weekend. We’ll be back on Tuesday as usual.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:02:25PM	BRENT	10080	9984	9830	9454	10160	10546	10643	10912	10272	‘cess
11:04:51PM	GOLD	4545.1	4488	4468	4434	4522	4570	4590	4636	4533
11:07:50PM	FTSE	10505.2	10348	10299	10224	10404	10513	10530	10670	10442	Success
11:13:25PM	STOX50	6025	5922	5880	5826	6000	6042	6051	6131	5955
11:16:14PM	GERMANY	24870.9	24534	24397	24222	24720	24880	24920	25348	24628	‘cess
11:19:18PM	US500	7457.9	7389	7364	7331	7424	7466	7478	7525	7427	‘cess
11:39:14PM	DOW	50347.2	49700	49559	49284	50004	50378	50580	51083	50148	Success
11:42:21PM	NASDAQ	29415.1	29034	28918	28738	29250	29462	29679	30048	29172	‘cess
11:44:56PM	JAPAN	62156	60974	60533	59938	61513	62318	62696	63836	61940	‘cess

 

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:CPI Capita** **LSE:GRG Greggs** **LSE:IGG IG Group** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **

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Updated charts published on : Capita, Greggs, IG Group, Scottish Mortgage Investment Trust, Standard Chartered,

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LSE:CPI Capita. Close Mid-Price: 370.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Capita needs are mid-price trades ABOVE 377 to improve acceleration t ……..

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LSE:GRG Greggs. Close Mid-Price: 1728 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Greggs needs are mid-price trades ABOVE 1728 to improve acceleration ……..

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LSE:IGG IG Group. Close Mid-Price: 1837 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of IG Group enjoying further trades beyond 1880p ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1470 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued trades against SMT with a mid-price ABOVE 1502 shou ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1936.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. All Standard Chartered needs are mid-price trades ABOVE 1954. ……..

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LSE:TSCO Tesco. Close Mid-Price: 464.7 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Below 442 now threatens reversal to an initial 411p with our secondary, if ……..

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

#GOLD #GERMANY Sometimes we switch to analysis purely by closing price, due to the stock market playing games with crazy intraday pricing. PureTech were victims of this sort of game back in 2021 when from January through to June, the share price suffered bonkers intraday swings, yet the closing prices managed to define a new downtrend. With our usual lack of imagination, it’s the Blue line on the chart where despite the series of mad intraday swings, the market somehow contrived to produce what looks like a planned downtrend. If this is indeed the case, perhaps things are about to become interesting for the share, especially as we’ve  received a few emails asking our opinion.

The two chart extracts below highlight, quite nastily, an occasion when intraday candles have the capability of producing a completely wrong trend, one which can be ignored. Instead, a cunning plan was gestating, one which involved the closing price each day.

The sort of nonsense above isn’t coincidence. We routinely check trend lines, just to confirm if a share is being mapped by the (usually accurate) High of The Day or the (very important) Day Closing price. Should this indeed be the case, PureTech is being presented as a share where either Closure above 136p or intraday traffic above 143p shall be important, hopefully triggering share price recovery to an initial confident 152p with our secondary, if bettered, a longer term 166p.  This secondary is quite a big deal, exposing the share price to a lure at 200p and beyond?

The fly in the ointment comes, if the price closes below just 128p as this would utterly foul up our calculations, creating an unpleasant situation where weakness to 82 becomes possible with our secondary, if broken, an ultimate bottom of just 44p, a level before which we’d anticipate a real bounce.

However, the biotechnology company are “real”, doing the research and producing successful drugs. On this alone, we lean toward optimism for the future though, above 200p will require we take a good hard look at the tea leaves.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:23:10PM	BRENT	10132
11:26:38PM	GOLD	4536.39	4467	4446	4411	4516	4552	4577	4618	4522
11:30:45PM	FTSE	10405									‘cess
11:35:47PM	STOX50	5962.3									‘cess
11:38:37PM	GERMANY	24691.5	24439	24280	24078	24598	24793	24907	25157	24694
11:44:00PM	US500	7399.2									Success
11:46:53PM	DOW	49884									Success
11:50:45PM	NASDAQ	29113.6									‘cess
11:53:08PM	JAPAN	61243									‘cess

 

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:CPI Capita** **LSE:EMG MAN** **LSE:IGG IG Group** **LSE:TSCO Tesco** **

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Updated charts published on : Capita, MAN, IG Group, Tesco,

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LSE:CPI Capita. Close Mid-Price: 374 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued trades against CPI with a mid-price ABOVE 374p shou ……..

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LSE:EMG MAN. Close Mid-Price: 283.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued trades against EMG with a mid-price ABOVE 288p shou ……..

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LSE:IGG IG Group. Close Mid-Price: 1805 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Further movement against IG Group ABOVE 1805 should improve a ……..

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LSE:TSCO Tesco. Close Mid-Price: 460.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Below 442 now threatens reversal to an initial 411p with our secondary, if ……..

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*** End of “Updated Today”

#Gold #FTSE Our share price charts are generally pretty boring, coloured only with a Blue downtrend and a Red uptrend, along with potential target levels in a cheerful Green on the .right hand side. However, we’re not immune from amusing ourselves to add some variation to the day and for this, we still glance at traditional “technical” indicators in the vague hope just one of them is making any sense. Quite a few ‘chart purists’, the sort of folk who think candle patterns mean something, dedicated months and months to explore a Tech Tool called ‘Ichimoku Kink Hyo’ and proclaimed it as the leader in charty tools, probably because it was one of very few which hinted at what the future could hold.

It is effectively just another moving average tool, one which quite cleverly looks at prior price movements and attempts to project them forward. The logic behind ‘Ichimoku Kink Hyo’ really needs conversational Japanese before any sort of sense becomes possible but the tool has one advantage over all others. It really brightens up a chart with the pretence it’s giving valuable information!

Here’s the thing the chart tool fails to illustrate. Apparently, share price movement in the near term – above 392p – should promote price movement to  398p which shall be quite a big deal, creating the potential of a “Higher High” making its presence felt. From our perspective, this creates a scenario where waiting for 420p to make an appearance makes some sense, along with very probable hesitation while selling pressure from those “stuck” since 2021 diminishes. Our secondary, for the longer term, calculates at 495p and a pressing need for us to examine changes to the Big Picture.

However, we can always dust off an alternate scenario. Below 350p risks suggesting imminent reversal to an initial 335 with our secondary, if broken, at 321p and visually some stabilisation. We can produce a third level drop target, maybe a proper bounce point, at 295p, returning the share price to the level at which it started this year.

Thankfully our track record in price projection is such where ridiculing “proper” technical tools is permissible. But they do have their place, adding colour and complications to charts which are otherwise quite drab.

Finally, “Coronation Street” is worthy of some comment, Mrs T&T ensuring we both watch the advert free offering shown daily on YouTube while we enjoy dinner. The comedy from the show makes it tolerable, though it currently seems to be morphing into a modern version of “The Bill”. The show has carefully ignored the North of England “grooming” issue, instead opting to produce a storyline which focuses’ on a pretty blond female teacher, grooming a mixed race schoolboy! The joke is subtle but brilliant, actually managing to annoy my wife when it was pointed out. Similar to share prices, whatever you’re watching may be exactly the opposite of what’s actually happening…

For CMC markets, we suspect it’s about to head upward.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:28:12PM	BRENT	10707.6
10:33:15PM	GOLD	4481.75	4464	4445	4336	4535	4590	4638	4696	4528	Success
10:36:30PM	FTSE	10288.7	10285	10237	10180	10347	10408	10451	10499	10352	‘cess
10:39:39PM	STOX50	5833.5
10:42:04PM	GERMANY	24310.5									‘cess
10:44:13PM	US500	7352
10:46:37PM	DOW	49352.3
10:57:59PM	NASDAQ	28803.7									‘cess
11:00:35PM	JAPAN	60506

 

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:CPI Capita** **LSE:EZJ EasyJet** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:SCLP Scancell** **LSE:SMT Scottish Mortgage Investment Trust** **

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Updated charts published on : Capita, EasyJet, IG Group, IQE, Scancell, Scottish Mortgage Investment Trust,

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LSE:CPI Capita. Close Mid-Price: 354.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Further movement against Capita ABOVE 359p should improve acceleration to ……..

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LSE:EZJ EasyJet. Close Mid-Price: 339.7 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Weakness on EasyJet below 337p will invariably lead to 304p with secondar ……..

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LSE:IGG IG Group. Close Mid-Price: 1742 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. All IG Group needs are mid-price trades ABOVE 1753p to improv ……..

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LSE:IQE IQE. Close Mid-Price: 32 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event IQE experiences weakness below 30.9p it calculat ……..

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LSE:SCLP Scancell. Close Mid-Price: 26.25 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Further movement against Scancell ABOVE 29.5p should improve ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1442 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Scottish Mortgage Investment Trust needs are mid-price trades ABOVE 1 ……..

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

#Gold #US500 IMI Plc enjoy a pretty amazing pedigree, managing to include Nobel Industries and Imperial Chemical Industries (ICI) in its distant lineage from 1862. Generally, a glance at such a large companies Wikipedia page reveals some seriously amusing scandals from their past but in the case of IMI Plc, it’s all pretty clean cut. Essentially, a Scottish bloke (George Kynoch) founded what became one of the UK’s largest engineering companies. The company now describe themselves as a Global Leader in fluid and motion control, whatever that actually means as their website is short of examples.

Perhaps they could assist with our often ridiculous attempts to drive a generator turbine from the garden stream. Our current concept employs 100 metres of 60mm bore pipe, routed uphill to a pool far above the garden waterfall. We’re certainly able to draw water downhill but the current problem creates sporadic fountains from every pipework joint, every time we try and take advantage of the water flow. Essentially, we think we’ve too much water coming from too high a source, giving far too much pressure. It looks like the back garden is going to be blessed with an absurd fountain for pressure relief or perhaps a concept of a bit of wood restricting flow down the pipe may work. This effort has a lot to do with providing our own electricity, powering rather a lot more than garden lights!

As for IMI share price, it has an interesting potential, needing trade above the recent high of 2692p to ideally trigger movement to an initial 2780p with our secondary, if exceeded, a fairly useful 2939p. This secondary would boost the share marginally above recent highs, giving a strong excuse to rework the numbers for some impressive future “all time high” potentials.

Of course, we’ve a rather less attractive negative scenario, one which suggests below 2617p risks triggering reversals down to an initial 2450p with our secondary, if broken, at 2,286p. All things considered, this concept is pretty grotty as it acknowledges a distant allure from a future bottom of 1830p.

Our inclination with this is toward the positive.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:35:47PM	BRENT	10629.3									‘cess
11:39:09PM	GOLD	4586.44	4529	4508	4481	4559	4590	4626	4681	4557
11:43:34PM	FTSE	10355.7									Success
11:47:11PM	STOX50	5876.9									‘cess
11:50:15PM	GERMANY	24413.9									‘cess
11:52:48PM	US500	7411.5	7352	7325	7289	7392	7433	7465	7503	7396	‘cess
11:55:40PM	DOW	49683									‘cess
11:58:07PM	NASDAQ	29024									‘cess
11:40:51PM	JAPAN	61230									‘cess

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:CPI Capita** **LSE:EZJ EasyJet** **LSE:IGG IG Group** **LSE:PMG Parkmead** **

********

Updated charts published on : Capita, IG Group, Parkmead,

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LSE:CPI Capita. Close Mid-Price: 343 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of Capita enjoying further trades beyond 343p, t ……..

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LSE:EZJ EasyJet. Close Mid-Price: 339.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against EZJ taking the price below 339.8 calculates as ……..

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LSE:IGG IG Group. Close Mid-Price: 1576 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued trades against IGG with a mid-price ABOVE 1576p sho ……..

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LSE:PMG Parkmead. Close Mid-Price: 20 Percentage Change: + 0.00% Day High: 0 Day Low: 0

This is looking a little dodgy as weakness continuing below 20 looks capab ……..

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#Brent #DJI Despite the UK music industry surviving with fairly strong foundations, it was something of a tragedy seeing the talented British bloke and his dance troupe misunderstand how coming 1st didn’t mean getting 1 point. Perhaps for next years mess, an enterprising TV producer shall arrange a competition between UK buskers from various cities with the winner ‘having a go’ at Eurovision. No bells, gimmicks, or whistles, just someone who’s actually talented and able to send a subliminal message to the competition organisers that once again, it’s being taken as seriously as Terry Wogan once didn’t!

We’d a rather surreal weekend, close friends suggesting we join with them in buying a little island with a couple of houses on it. We could have the small one, they’d have the large one. While we’ve come to loathe the weather in Scotland, there was something agreeably quirky about living on a small island, leaving our cars on the mainland, and scooting across a couple of hundred yards of water in a small boat. By Sunday afternoon, a few negative thoughts intruded as the points where a small boat could be docked were at least 150 metres from the nearest house. Worse, the path was only a couple of feet wide, and the idea of returning from a supermarket with a load of bags – on a windy rainy day – was less than attractive. Normally, something like a quad bike or small tractor would be employed for such a task, except the path could not be widened, a drop to the sea on one side, a cliff face on the other. The other docking area was a beach, the tide making parking the boat an issue. And the path to this beach was through an extremely soggy peat bog, making a tractor impossible. The two properties on the island were quite idyllic but we’ve learned the hard way Argyll winters can be harsh, wind speeds far higher than reported by the Met people and temperatures far, far, lower. And rain here isn’t measured in inches but instead, by buckets. By dinner time on Sunday, we’d no choice but to burst our friends bubble, especially once we’d discovered the planning fights by the existing owners for every single change to the island, an un-sympathetic local council taking a “NO” position to everything. Absurdly, while the councils thinking is perhaps correct as they panic to avoid the AirBnb culture spreading (a toxic thing in Scotland), the fact this is a little island makes any form of tourism almost impossible. Due to the regulatory environment which controls small boats with passengers, getting guests across the water becomes very difficult. The magic word is “insurance” and while inconvenient, the number of drowning deaths has shrunk considerably within this writers lifetime.  A crazy story from childhood involved myself and some chums, finishing Primary School and taking a train to a Clyde coast town. We (12 years old) hired a little motor boat and happily chugged out into the Clyde Estuary for a days fishing. No life jackets were provided. A nuclear submarine slid toward us, the crew shouting to get out of their way. Yes, we were all really twelve years old celebrating the long summer before we started High School. With the invention of an insurance culture, this sort of thing is no longer possible, the fun police spoiling things but equally, there is the memory of the weekend 3 kids our age drowned while boating on the “safe” waters of Loch Lomond.

As for the markets, rather a lot of shares are doing rather a lot of nothing, the markets clearly awaiting some sort of resolution of “The Straits” issue, the UK market awaiting some sort of resolution of “The Morons” issue while the governing party fights to decide who it wants to govern. There is stunning arrogance, where a Manchester MP has stood down to let some other bloke contest the parliamentary seat, the belief being this chap shall make a better Prime Minister than the bloke already in place. (Okay, my Buzz Lightyear toy would make a better Prime Minister)  But what if the electorate decide they are being taken for compliant fools? It will be exceedingly funny, if the new chap, already assumed to be the next Prime Minister, is beaten by a candidate from any other party, proving once and for all, Britain doesn’t do Eurovision, it also can’t do Politics…

This brings us to Natwest. Can Britain “Do” a retail bank?

Natwest has been doing rather well until recently, a share price movement in March giving us pause for thought. The price briefly explored below the Red uptrend since 2024 during March, creating a warning sign the Red uptrend perhaps should not be trusted. This blip is often nasty, somehow a harbinger of bad news ahead. Most creatively, we saw such a thing with BP, prior to their little oil spill in the Gulf of Mexico which thankfully no longer exists, reborn as the Gulf of America. But we always worry at this sort of thing, telling us to distrust an uptrend.

In the case of Natwest, the implication is below just 550p could prove troubling, creating a trigger level to promote reversal to an initial 505p with our secondary, if broken, at 440p. Overall, such a cycle, if target levels are broken, creates the potential for a bottom around 386p eventually, a target level which even makes some visual sense.

However, while this is all laid out as “a potential”, nothing has yet triggered and we’re a hopeful for gainful potentials. Above 591p should apparently trigger recovery to an initial 628p with our secondary, if bettered, at 711p and the urgent need for an entirely new conversation about the retail banks potentials.

We’re hopeful for a positive stance as the banks appear to be making bucket loads of money currently, almost as if they exist in an Argyll climate.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:33:26PM	BRENT	10630	10130	10084	9723	10401	10675	10790	11010	10495
10:35:35PM	GOLD	4540.01
10:37:59PM	FTSE	10196.9
10:40:36PM	STOX50	5809
10:42:34PM	GERMANY	23902.1
10:44:40PM	US500	7396.7
10:46:55PM	DOW	49395.6	49349	49150	48802	49639	49900	50076	50317	49682
10:48:58PM	NASDAQ	29072.9
10:50:52PM	JAPAN	61758

 

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:CPI Capita** **LSE:EMG MAN** **LSE:SCLP Scancell** **

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Updated charts published on : Capita, MAN, Scancell,

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LSE:CPI Capita. Close Mid-Price: 315 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Capita needs are mid-price trades ABOVE 323.5 to improve acceleration ……..

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LSE:EMG MAN. Close Mid-Price: 280.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All MAN needs are mid-price trades ABOVE 286 to improve acceleration towa ……..

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LSE:SCLP Scancell. Close Mid-Price: 22.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. All Scancell needs are mid-price trades ABOVE 22.75 to improv ……..

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

Driving a convertible means you get to test your reaction time, sometimes quite unexpectedly. For instance, on Thursday while returning from a dog walk, a massive rain cloud was visible, making its way up the valley in my direction. Immediately negotiating a hard right turn, I pulled up at Pump3 under the sheltering petrol station canopy. While in the shop buying milk, the heavens opened outside and once the staff member and I finished gossiping, the rain had moved eastward to ruin someone else’s day. While it only takes 30 seconds for the hard top to reassemble itself, this function is unavailable while under motion and the idea of pressing the magic button to assemble the roof, knowing the torrential rain would finish in 5 minutes, seemed a little daft. In addition, there was the utter certainty someone I know would drive by and spot my inability to prepare for foul weather. None of us like giving friends ammunition!

Similar to the journey in the car, the FTSE is “ducking and diving”, the deluge of local political and world excuses giving the UK index sufficient reason to behave in a quite paranoid manner. At time of writing, FTSE futures are around 60 points below the level the market closed Thursday at, doubtless President Trump being blamed for reading the wrong fortune cookie in Beijing. Or perhaps it’s just the agony of the UK PM hanging on to his place at the trough for yet another day.

Regardless of the reasoning, it feels like the FTSE has spotted an approaching rain cloud and is taking evasive action. It’s almost like the UK market has come to a similar conclusion to ourselves, our thoughts finding it difficult to believe the S&P can move higher without a period of volatility first. Should this be the case, the fallout shall doubtless spread to the FTSE.

At present, above 10,376 points has the potential of triggering gains to an initial 10,420 points. If exceeded, our secondary calculates at a future 10,462 points. If triggered, the tightest stop is extremely generous at just 10,356 points!

Our converse scenario, if the FTSE intends wander over a cliff, suggests below 10,295 could create the trigger level for reversal to an initial 10,181. If broken, our secondary works out at 10,014 points and a very possible bounce level. Unfortunately, the FTSE is visually trading in a region where reversals do look extremely possible.

Have a good weekend, only another week until the next Grand Prix commences. What could go wrong in the world?

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:37:46PM	BRENT	10389	10118	10078	9904	10346	10440	10524	10660	10292
9:41:30PM	GOLD	4647.88	4647	4634	4603	4672	4720	4735	4765	4667	‘cess
10:21:51PM	FTSE	10357.4	10317	10296	10260	10380	10406	10498	10614	10357	‘cess
10:24:38PM	STOX50	5901.6	5878	5853	5824	5921	5940	5958	5980	5909	‘cess
10:30:06PM	GERMANY	24324	24301	24236	24148	24394	24500	24521	24718	24358	Success
10:59:44PM	US500	7500.1	7448	7439	7386	7468	7518	Clueless	r  us		Success
11:01:54PM	DOW	50068.5	49896	49741	49588	50076	50203	50395	50760	50026	Success
11:04:20PM	NASDAQ	29601	29340	29239	29096	29484	29670	29705	29826	29527
11:08:13PM	JAPAN	63012	62493	62201	61668	62814	63068	63274	63533	62905	Shambles

 

12/05/2026 FTSE Closed at 10265 points. Change of -0.04%. Total value traded through LSE was: £ 8,032,772,326 a change of 0.78%

11/05/2026 FTSE Closed at 10269 points. Change of 0.35%. Total value traded through LSE was: £ 7,970,638,665 a change of 34.53%

8/05/2026 FTSE Closed at 10233 points. Change of -0.42%. Total value traded through LSE was: £ 5,924,881,359 a change of -35.21%

7/05/2026 FTSE Closed at 10276 points. Change of -1.55%. Total value traded through LSE was: £ 9,144,654,793 a change of 3.71%

6/05/2026 FTSE Closed at 10438 points. Change of -100%. Total value traded through LSE was: £ 8,817,587,393 a change of 0%

5/05/2026 FTSE Closed at 10219 points. Change of 0%. Total value traded through LSE was: £ 10,667,648,398 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…

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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:AAL Anglo American** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : Anglo American, MAN, Glencore Xstra, Oxford Instruments,

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LSE:AAL Anglo American. Close Mid-Price: 4063 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued trades against AAL with a mid-price ABOVE 4100 should improve t ……..

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LSE:EMG MAN. Close Mid-Price: 285.6 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of MAN enjoying further trades beyond 285.6, the share shoul ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 595.9 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Further movement against Glencore Xstra ABOVE 597.9 should improve accele ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 3100 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued trades against OXIG with a mid-price ABOVE 3100 sho ……..

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

#Nasdaq #BrentCrude We usually avoid discussing sub 1p shares and after a glance at GSTechnologies forced by a bunch of emails, we decided to continue the habit. The perpetual problem with penny shares is the spread, the difference between the Buy & Sell price as often, despite a penny share sounding spectacular with intraday movements, the offered spread makes a mockery of what’s really going on. Just today, Tern Plc closed up 29.03% but unfortunately with a spread of 23%, the gain was utterly meaningless. This is the sort of scenario where we delve into our rule book and will announce an instrument requires a CLOSING PRICE in excess of a previous high before we shall dare assume good times are perhaps ahead. In the case of Tern Plc, this demands closure above 0.85p. In the case of GSTechnologies, we would need closure above 0.425 before daring to make any “happy days” assumptions. But in the case of GST.L, these assumptions would commence with thoughts regarding a lift to just over a penny!

Meanwhile, in the real world, we suspect the share price for Marks and Spencer shall be due a break, once “Party Season” erupts. Supermarkets will doubtless be ensuring their stocks of popcorn, along with plenty of party food, remains high while the nation awaits the current Prime Minister to finish negotiating his severance package. Perhaps he shall be designated a new roll as Peace Envoy to quell the famous, yet rebellious Macaroni Penguins in the South Georgia islands. Perhaps he could finally resolve the big question, is Tomato Sauce allowed with Macaroni & Cheese?  However, the real entertainment shall doubtless commence with the choice for his successor. Invariably, some sort of political Muppet shall get the top job, panic in under a year, and call an emergency General Election. British politics are a little bit predictable…

Regardless, we shall doubtless be enthralled with political fun and games within the UK, over the next few months. It’s time to stock up on popcorn, wine, enhance M&S sales. and enjoy the comedy show.

Visually, M&S chart isn’t in a happy place, almost as if the market does not anticipate a sales boost with the UK Prime Minister reaching his “sell by” date. Instead, the share price appears poised to enact its own disaster with weakness continuing below 301p pointing at reversals to an initial 275p with our secondary, if broken, at a potential bottom at 227p, matching the lows of 2024. Perhaps a return to the level the share price was, last time our political masters decided to exhibit their incompetence to the UK electorate, is on the cards…

However, if M&S experience a popcorn revolution, the share price needs move above 337p to hopefully trigger movement to an initial 373p with our secondary, if exceeded, calculating at a future 432p

A future such as this shall be worth watching for, giving the price the potential for closing above the “glass ceiling” which exists at the 400p level, an area which has been a problem for the last ten years. Share price closure above this level shall be viewed as a big deal for the future, suggesting a very distant 719p is providing an attraction.

We suspect, despite the immediate dip below the Red uptrend, Marks and Spencer should prove worth watching from a positive viewpoint. Perhaps it shall enact the “This isn’t just any share, this is a Marks & Spencer share” to impress everyone?

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:53:42PM	BRENT	10286.5	9803	9270	8567	10223	10735	12317	13684	10096
9:57:16PM	GOLD	4688.13
10:49:11PM	FTSE	10358.7									‘cess
10:57:03PM	STOX50	5893.7
11:00:43PM	GERMANY	28248.9
11:07:53PM	US500	7451.2									Success
11:11:41PM	DOW	49826.5
11:18:15PM	NASDAQ	29453.5	28936	28732	28486	29193	29460	29665	30011	29328
11:25:18PM	JAPAN	63498	62677	62365	61975	63036	63560	63873	64582	63113	Shambles

 

12/05/2026 FTSE Closed at 10265 points. Change of -0.04%. Total value traded through LSE was: £ 8,032,772,326 a change of 0.78%

11/05/2026 FTSE Closed at 10269 points. Change of 0.35%. Total value traded through LSE was: £ 7,970,638,665 a change of 34.53%

8/05/2026 FTSE Closed at 10233 points. Change of -0.42%. Total value traded through LSE was: £ 5,924,881,359 a change of -35.21%

7/05/2026 FTSE Closed at 10276 points. Change of -1.55%. Total value traded through LSE was: £ 9,144,654,793 a change of 3.71%

6/05/2026 FTSE Closed at 10438 points. Change of 2.14%. Total value traded through LSE was: £ 8,817,587,393 a change of -17.34%

5/05/2026 FTSE Closed at 10219 points. Change of -100%. Total value traded through LSE was: £ 10,667,648,398 a change of 0%

1/05/2026 FTSE Closed at 10363 points. Change of 0%. Total value traded through LSE was: £ 5,532,832,097 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…

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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:AAL Anglo American** **LSE:BT.A British Telecom** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:ITRK Intertek** **

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Updated charts published on : Anglo American, British Telecom, MAN, Experian, Glencore Xstra, Intertek,

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LSE:AAL Anglo American. Close Mid-Price: 4075 Percentage Change: + 0.00% Day High: 0 Day Low: 0

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

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LSE:BT.A British Telecom. Close Mid-Price: 236.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All British Telecom needs are mid-price trades ABOVE 242p to improve acce ……..

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LSE:EMG MAN. Close Mid-Price: 278.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Further movement against MAN ABOVE 279.4p should improve acceleration tow ……..

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LSE:EXPN Experian. Close Mid-Price: 2526 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Weakness on Experian below 2505p will invariably lead to 2479 ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 592.1 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of Glencore Xstra enjoying further trades beyond ……..

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LSE:ITRK Intertek. Close Mid-Price: 5580 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of Intertek enjoying further trades beyond 5720p ……..

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