Author: T&T Staff

#Brent #Germany40 

We always make a big deal about “higher highs” but the FTSE is posing an interesting question, one where our inclination is to retreat to our usual demand to see prices close higher than previous levels. Once upon a time in May 22nd, 2018, the FTSE had a day high of 7903.5 points. Last Friday, 5th February, the FTSE had a day high of 7906.58.

These numbers are obviously essentially identical but there’s a more important aspect, if we view the closing numbers for each session. In May 2018, the index achieved a closing price of 7877 points whereas on Friday 5th February, the index closed the session at 7901.8 points, a more substantial “higher high”, one giving considerable hope for the future. We do prefer seeing a share price actually close a session above a previous high as this invariably proves the safer signal for the longer term but on this occasion, it spiked higher during the day but managed close lower than its historical high.

Perhaps there’s no concise “no-brainer” argument for further immediate gains but should the FTSE wander above 7913 anytime soon, it’s going to be hard to avoid a further gain of 300 points.

Barclays Plc  We’d anointed 181.15p as a level above which Barclays needed to close to provide an early sign of springtime. Finally, in the middle of January, the required miracle occurred and what’s been happening since is a little bit underwhelming, the target numbers only requiring the slightest of tweaks. It certainly appears the share price now needs close below 180p to indicate coming trouble but by most standards, we’re remain pretty optimistic.

Now above 189p calculates with the potential of a visit to an initial 196p next with our secondary, if exceeded, working out at a more useful 218p. Those folk with a memory greater than a goldfish will notice these are almost identical target levels to those provided three weeks ago, the share price failing to advance in leaps and bounds.

Our alternate, below 180 now points at an initial 175p with secondary, if broken, at 169p and hopefully a bounce. We’d regard this as little more than an attempt to slow down the pace of any Barclays rise.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
1:32:03PM	BRENT	80.02	79.83	79.71	78.91	80.91	80.94	81.16	81.6	80
1:34:32PM	GOLD	1865
1:37:32PM	FTSE	7904.96
3:02:29PM	STOX50	4241.7
3:04:35PM	GERMANY	15426	15346	15273	15182	15438	15528	15586	15666	15430
3:06:42PM	US500	4131.27
3:33:48PM	DOW	33857
3:37:17PM	NASDAQ	12562
3:39:33PM	JAPAN	27628

3/02/2023 FTSE Closed at 7901 points. Change of 1.04%. Total value traded through LSE was: £ 5,572,467,076 a change of -26.46%

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

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:BLVN Bowleven** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:MKS Marks and Spencer** **

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Updated charts published on : AFC Energy, Bowleven, British Telecom, Caspian, Carnival, Capita, Hikma, Hargreaves Lansdown, Intercontinental Hotels Group, International Personal Finance, Marks and Spencer,

LSE:AFC AFC Energy. Close Mid-Price: 25.3 Percentage Change: + 4.37% Day High: 26.3 Day Low: 22.96

Target met. Further movement against AFC Energy ABOVE 26.3 should improve ……..

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LSE:BLVN Bowleven Close Mid-Price: 1.38 Percentage Change: -9.84% Day High: 1.52 Day Low: 1.38

Continued weakness against BLVN taking the price below 1.38 calculates as ……..

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LSE:BT.A British Telecom. Close Mid-Price: 134.65 Percentage Change: + 1.70% Day High: 135.1 Day Low: 130.95

Target met. Continued trades against BT.A with a mid-price ABOVE 135.1 sh ……..

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LSE:CASP Caspian. Close Mid-Price: 6.9 Percentage Change: + 6.15% Day High: 7.1 Day Low: 6.5

Target met. Further movement against Caspian ABOVE 7.1 should improve acc ……..

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LSE:CCL Carnival. Close Mid-Price: 890 Percentage Change: + 1.27% Day High: 893.2 Day Low: 861.8

In the event of Carnival enjoying further trades beyond 893.2, the share ……..

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LSE:CPI Capita. Close Mid-Price: 29.24 Percentage Change: + 2.67% Day High: 29.18 Day Low: 28.28

All Capita needs are mid-price trades ABOVE 29.18 to improve acceleration ……..

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LSE:HIK Hikma. Close Mid-Price: 1733.5 Percentage Change: + 1.26% Day High: 1749 Day Low: 1694

Continued trades against HIK with a mid-price ABOVE 1749 should improve t ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 949.6 Percentage Change: + 0.59% Day High: 952.2 Day Low: 930

All Hargreaves Lansdown needs are mid-price trades ABOVE 952.2 to improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5784 Percentage Change: + 0.10% Day High: 5790 Day Low: 5706

Continued trades against IHG with a mid-price ABOVE 5790 should improve t ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 98 Percentage Change: + 0.10% Day High: 101 Day Low: 96.9

In the event of International Personal Finance enjoying further trades be ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 163 Percentage Change: + 1.21% Day High: 166.7 Day Low: 161.05

Continued trades against MKS with a mid-price ABOVE 166.7 should improve ……..

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

#FreeFutures

What was happening on my lawn today made more sense than movements on the FTSE. For nearly an hour, our Golden Retriever was playing on the grass with Russell, Cheryl, and Stone, three crows who seem to regard the dog as their pet. We’re all used to seeing dogs get frustrated, chasing a bird which unsportingly takes flight but watching a crow doing a ridiculous running hop while attempting to chase the dog was crazy. Somehow, the animals knew when to change the rules and it was back to the dog chasing a crow, while one of the others tried to distract her. (The crow called Cheryl has a single white feather)

It’s possible this strange camaraderie started, when one of the crows appeared with a damaged wing, barely able to fly. Initially we thought the dog had lost its mind at easy prey but instead, her frantic barking while she circled the bird was directed at a cat, the dog only coming into the house when another crow appeared. We’ve long known the dogs use different barks for different types of bird and other wildlife but now we’re curious as to the true level of communication.

Unlike, of course, the FTSE which appears to have taken a stupid pill.

 

Since January 19th, when the FTSE closed at 7747 points, the FTSE has made utterly pathetic daily movements, the London market closing price wavering by a maximum of 40 points across 10 sessions. It has been far from exciting, trying to make sense out of what’s going on but thankfully, movements on Thursday tend to suggest the FTSE is making another attempt to become airborne, just like our garden crows. Hopefully it’s with greater commitment than the birds exhibit as something important becomes possible.

Above 7837 points near term apparently brings the potential of gains to an initial 7875 points with our secondary, if exceeded, working out at 7913 points. This secondary is quite a big deal, affording the possibility of allowing London to close above the historical all time high of 7903 points back in 2018. From our perspective, this is a really big deal, effectively confirming 8240 shall become a valid ambition as “top” on the current cycle.

Our alternate Captain Calamity perspective demands the FTSE slither below 7760 points to provoke reversal to 7684 points with secondary, if broken, at 7620 points. Neither reversal prospect is particularly terrifying, despite breaking below an immediate Red uptrend. For now, we’re fairly hopeful.

Have a good weekend.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:58:09PM	BRENT	82.32	81.33	80.65		83.18	83.54	84.13		82.38	Success
12:00:32AM	GOLD	1915	1911	1902		1927	1944	1951		1917	ditto
12:03:32AM	FTSE	7807.99	7773	7751		7820	7845	7876		7799	ditto
12:16:56AM	STOX50	4232	4192	4180		4240	4253	4278		4211	ditto
12:19:16AM	GERMANY	15495	15347	15273		15493	15543	15611		15450	ditto
12:21:31AM	US500	4157.82	4132	4114		4166	4198	4223		4123	ditto
12:24:24AM	DOW	34016	33742	33613		33900	34162	34259		33990	‘cess
12:26:54AM	NASDAQ	12627	12562	12448		12661	12904	13023		11774	Success
12:29:09AM	JAPAN	27489	27333	27250		27442	27545	27600		27417

 

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GRG Greggs** **LSE:IAG British Airways** **LSE:IDS International Distribution** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Asos, Astrazeneca, Barclays, Barrett Devs, Caspian, Carnival, Empyrean, MAN, Experian, Greggs, British Airways, International Distribution, Intercontinental Hotels Group, International Personal Finance, ITM Power, Intertek, ITV, Lloyds Grp., Marks and Spencer, Natwest, Oxford Instruments, Sainsbury, Tullow, Taylor Wimpey,

LSE:ASC Asos. Close Mid-Price: 982 Percentage Change: + 10.15% Day High: 1015 Day Low: 905

Target Met. Wow, a big movement finally. Now above 1015 calculates with th ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10250 Percentage Change: -0.29% Day High: 10342 Day Low: 10186

Below 10186 still points at 9949 with secondary, if broken, at 9290p. The ……..

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LSE:BARC Barclays. Close Mid-Price: 188.4 Percentage Change: + 1.03% Day High: 188.72 Day Low: 185.3

Target Met or near enough. Now above 189 should make an attempt at 195 nex ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 484.1 Percentage Change: + 4.40% Day High: 483.9 Day Low: 466.1

Further movement against Barrett Devs ABOVE 484 should improve acceleratio ……..

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LSE:CASP Caspian. Close Mid-Price: 6.5 Percentage Change: + 6.56% Day High: 6.55 Day Low: 6.1

Continued trades against CASP with a mid-price ABOVE 6.6 should improve th ……..

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LSE:CCL Carnival. Close Mid-Price: 878.8 Percentage Change: + 13.69% Day High: 883.2 Day Low: 797

Important target update: Carnival needs mid-price trades ABOVE 884 to cont ……..

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LSE:EME Empyrean. Close Mid-Price: 1.15 Percentage Change: + 27.49% Day High: 1.7 Day Low: 0.9

Target Met. Now above 1.7 calculates with an ambition of an initial 1.85 w ……..

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LSE:EMG MAN. Close Mid-Price: 260.3 Percentage Change: + 4.25% Day High: 260.2 Day Low: 250.2

Target Met. Now above 261 calculates with the potential of 265 next with o ……..

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LSE:EXPN Experian. Close Mid-Price: 3160 Percentage Change: + 6.15% Day High: 3139 Day Low: 2992

Target met or near enough. All Experian needs are mid-price trades ABOVE 3 ……..

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LSE:GRG Greggs. Close Mid-Price: 2820 Percentage Change: + 4.44% Day High: 2818 Day Low: 2706

Target Met. Now above 2818 still expects 2906 to provide some hesitation i ……..

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LSE:IAG British Airways. Close Mid-Price: 173.58 Percentage Change: + 3.31% Day High: 172.8 Day Low: 168.64

British Airways needs mid-price trades ABOVE 174 to improve an ascent towa ……..

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LSE:IDS International Distribution. Close Mid-Price: 238.9 Percentage Change: + 4.32% Day High: 242.9 Day Low: 232.8

Ongoing traffic above 243 remains with the potential of 253 next with seco ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5778 Percentage Change: + 2.99% Day High: 5766 Day Low: 5646

Target Met. Further movement against Intercontinental Hotels Group ABOVE 5 ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 97.9 Percentage Change: + 6.41% Day High: 99.1 Day Low: 87.1

Target Met. Now above 100p still suggests a lift to 106 with secondary, if ……..

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LSE:ITM ITM Power. Close Mid-Price: 118.55 Percentage Change: + 14.76% Day High: 120.35 Day Low: 104.95

All ITM Power needs are mid-price trades ABOVE 120.5 to improve accelerati ……..

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LSE:ITRK Intertek. Close Mid-Price: 4522 Percentage Change: + 3.12% Day High: 4528 Day Low: 4394

It looks like movement next above 4528 should attempt an initial 4657 with ……..

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LSE:ITV ITV. Close Mid-Price: 87.5 Percentage Change: + 5.86% Day High: 88.04 Day Low: 83.54

Target Met. Now above 89 indicates the potential of a visit to 94 next wit ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.49 Percentage Change: + 0.96% Day High: 53.76 Day Low: 52.79

Continued trades against LLOY with a mid-price ABOVE 53.8 should improve t ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 161.05 Percentage Change: + 7.30% Day High: 162.05 Day Low: 151.15

Target Met. This has gotten useful as above 163p now calculates with an in ……..

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LSE:NWG Natwest. Close Mid-Price: 309.9 Percentage Change: + 0.49% Day High: 313.1 Day Low: 308.3

Natwest needs mid-price trades ABOVE 314 to improve acceleration toward a ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2450 Percentage Change: + 4.70% Day High: 2470 Day Low: 2375

Target Met. Now above 2471 suggests travel to 2657 next with secondary, if ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 267.5 Percentage Change: + 1.44% Day High: 269.3 Day Low: 263.9

Target Met. Now above 270 suggests 279 next with secondary, if beaten, at ……..

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LSE:TLW Tullow Close Mid-Price: 34.68 Percentage Change: -0.86% Day High: 35.84 Day Low: 33.84

Target Met or near enough. Hopefully it bounces but visually, it looks unl ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 126.5 Percentage Change: + 6.66% Day High: 126.3 Day Low: 119.4

All Taylor Wimpey needs are mid-price trades ABOVE 126.3 to improve accele ……..

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

#Gold #DOW

A few emails prompted us to take a look at BSF, doubtless due to the company making the UK’s first cultivated pork steak and releasing a video of their staff eating the product. Needless to say, a quick glance at their website immediately triggered a lot of excitement for a few minutes, due to their 3D Bio-Tissues banner conjuring a mental image of the product being produced on a 3D printer.

Immediately, all kitchen calamities could be solved, if the future is just a matter of telling a 3D printer you want a 10oz Sirloin steak, printed rare, with some chips and mushrooms. Surely, BSF Enterprises were correctly named as the various ‘Star Trek’ Enterprises warped instantly to mind, the food replicator device finally becoming a reality. Unfortunately, this proved to be whimsical rubbish, BSF instead growing meat in laboratories, along with some other amazing products such as leather, eye corneas, and even human skin substitutes.

 

While it appears sci-fi fans shall be disappointed, successfully growing cellular based products is a truly amazing result and we’d suggest taking a look at the company website to be fed more information than you can shake a stick at.

 

As for their share price potentials, we’ve an interesting problem. At present, we can calculate above 24.3p as hopefully triggering another surge to 26.75p. Our secondary, if such a level is exceeded, is more than a little tenuous at 37p. Obviously, the share price can go wherever it wants but at present, we’re pretty comfortable with the idea of 26.75p but above this point our 37p involves making more assumptions than we’re comfortable with. It’s probably saner to say, if it goes above 26.75p, the “price is boldly going where its never been before….” and just cross your fingers.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:27:30PM	BRENT	83.11									‘cess
10:31:39PM	GOLD	1953.73	1934	1930	1922	1948	1955	1958	1963	1946	Success
10:38:46PM	FTSE	7800.51									‘cess
10:42:15PM	STOX50	4209									Success
10:46:40PM	GERMANY	15304.25
10:49:30PM	US500	4133.12									Success
10:54:04PM	DOW	34086	33891	33838	33664	34125	34334	34360	34622	34033	‘cess
10:57:04PM	NASDAQ	12466.57									Success
10:59:04PM	JAPAN	27430									Success

 

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

24/01/2023 FTSE Closed at 7757 points. Change of -0.09%. Total value traded through LSE was: £ 5,520,852,512 a change of 27.06%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BLVN Bowleven** **LSE:CASP Caspian** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:IPF International Personal Finance** **LSE:ITRK Intertek** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Asos, Astrazeneca, Bowleven, Caspian, Fresnillo, Greggs, International Personal Finance, Intertek, Oxford Instruments, Sainsbury,

LSE:ASC Asos. Close Mid-Price: 891.5 Percentage Change: + 2.18% Day High: 899.5 Day Low: 865

In the event of Asos enjoying further trades beyond 900, the share should ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10280 Percentage Change: -2.93% Day High: 10626 Day Low: 10268

This is getting dodgy as below 10268 now points at 9949 with secondary, if ……..

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LSE:BLVN Bowleven Close Mid-Price: 1.52 Percentage Change: -3.17% Day High: 1.57 Day Low: 1.52

Weakness on Bowleven below 1.5 will invariably lead to 1.25 with secondary ……..

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LSE:CASP Caspian. Close Mid-Price: 6.1 Percentage Change: + 3.39% Day High: 6.25 Day Low: 5.9

Continued trades against CASP with a mid-price ABOVE 6.25 should improve t ……..

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LSE:FRES Fresnillo Close Mid-Price: 810 Percentage Change: -1.39% Day High: 822.2 Day Low: 786

Now below 786 suggests travel to an initial 780 with secondary, if broken, ……..

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LSE:GRG Greggs. Close Mid-Price: 2700 Percentage Change: + 0.22% Day High: 2732 Day Low: 2694

In the event of Greggs enjoying further trades beyond 2732, the share shou ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 92 Percentage Change: + 9.26% Day High: 90.1 Day Low: 84.1

Target Met. Now above 91 hints at movement to 95.25 next with secondary. i ……..

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LSE:ITRK Intertek. Close Mid-Price: 4385 Percentage Change: + 0.92% Day High: 4444 Day Low: 4354

Target Met. It looks like movement next above 4444 should attempt an initi ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2340 Percentage Change: -0.21% Day High: 2385 Day Low: 2320

Further movement against Oxford Instruments ABOVE 2385 should improve acce ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 263.7 Percentage Change: + 0.42% Day High: 265.7 Day Low: 260.8

In the event of Sainsbury enjoying further trades beyond 266, the share sh ……..

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

#FTSE #Nasdaq

It’s easy to think of Bae Systems as the company where famous names in manufacture go to fade away and be forgotten. As the ultimate successor to so many famous British manufacturers, the company enjoy a back catalogue of enviable #1’s in the fields of aviation, electronics, and shipping. They are also the largest manufacturer in the UK, despite the efforts of various governments over the years.

When we reviewed Bae last year, it was with an expectation the war in Ukraine would prove to be a “nice little earner” for the defence contractor, a suspicion which has so far failed to become a reality. There’s nothing pointing to any immediate danger for the company share price, just a glacial pace of movement. For instance, when we ran our analysis in July 2022, the share price was trading at 826p. At time of writing, it’s at 856p, making its way up a hill which visually isn’t very steep. Our expectation remains of gains for the share price but rather than a stop-watch, we’d suggest using a calendar, if attempting to guess when some real movement is coming.

 

Our “problem” is fairly straightforward.

Share price gains exceeding 880p now point at an initial ambition of 947p, a target level arrived at by two different calculations, based on conventional near term scenario, along with a Big Picture scenario. Normally, we’d suspect a sudden spike upward will occur but, with Bae, our confidence is lacking as it looks like patience shall be key for the future. Our secondary above the 947p level now calculates at a distant 1004p.

 

If everything intends go wrong, the share price needs below 720p as this looks capable of triggering reversal down to an initial 630p with our secondary, if broken, working out at a potential 550p and hopefully a proper rebound.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:43:20PM	BRENT	85.58									‘cess
9:45:59PM	GOLD	1928.74									Success
10:02:27PM	FTSE	7784.82	7727	7714	7686	7742	7797	7808	7842	7770	Shambles
10:04:47PM	STOX50	4183									‘cess
10:07:14PM	GERMANY	15179									Shambles
10:17:12PM	US500	4071									‘cess
10:24:08PM	DOW	34062
10:26:44PM	NASDAQ	12071.77	11868	11820	11723	12048	12104	12131	12238	11987	‘cess
10:28:35PM	JAPAN	27495

 

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

24/01/2023 FTSE Closed at 7757 points. Change of -0.09%. Total value traded through LSE was: £ 5,520,852,512 a change of 27.06%

23/01/2023 FTSE Closed at 7764 points. Change of -0.08%. Total value traded through LSE was: £ 4,345,074,257 a change of -16.34%

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:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:IPF International Personal Finance** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:SBRY Sainsbury** **LSE:SRP Serco** **

********

Updated charts published on : Centrica, Darktrace Plc, Firstgroup, Greggs, International Personal Finance, Natwest, Parkmead, Sainsbury, Serco,

LSE:CNA Centrica. Close Mid-Price: 100.75 Percentage Change: + 0.30% Day High: 101.3 Day Low: 100.1

In the event of Centrica enjoying further trades beyond 102p, the share sh ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 210.2 Percentage Change: -4.45% Day High: 228.9 Day Low: 198

If Darktrace Plc experiences continued weakness below 198, it will invaria ……..

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LSE:FGP Firstgroup. Close Mid-Price: 108.4 Percentage Change: + 0.37% Day High: 112.2 Day Low: 107.3

Further movement against Firstgroup ABOVE 113 should improve acceleration ……..

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LSE:GRG Greggs Close Mid-Price: 2694 Percentage Change: -0.37% Day High: 2712 Day Low: 2670

In the event of Greggs enjoying further trades beyond 2712, the share shou ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 84.2 Percentage Change: + 0.84% Day High: 84.9 Day Low: 82

Further movement against International Personal Finance ABOVE 85 should im ……..

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LSE:NWG Natwest Close Mid-Price: 308 Percentage Change: -0.19% Day High: 309.6 Day Low: 306.3

Natwest needs mid-price trades ABOVE 310 to improve acceleration toward a ……..

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LSE:PMG Parkmead Close Mid-Price: 44.95 Percentage Change: -4.36% Day High: 45.5 Day Low: 44.1

Now a little dodgy, below 44 expects a visit to 41 next with secondary, if ……..

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LSE:SBRY Sainsbury Close Mid-Price: 262.6 Percentage Change: -0.08% Day High: 263.1 Day Low: 258.5

In the event of Sainsbury enjoying further trades beyond 264, the share sh ……..

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LSE:SRP Serco Close Mid-Price: 145.9 Percentage Change: -4.64% Day High: 152 Day Low: 145.1

This isn’t playing the game as weakness now below 145 suggests a visit to ……..

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

#Gold #SP500

Something appears to be going wrong with 888’s share price, an unfortunate turn of events for a company choosing to name themselves after a number regarded as important in numerology, promising prosperity, etc etc. By all means, do some research but it’s a very, very, deep rabbit hole. The company share price plunged, their CEO resigning, words like Money Laundering and Legal Probe now bandied around, along with a 27% drop in the share price value.

 

The visuals suggest this particular horror story in the betting industry may have some distance to run as the future looks far from certain. Currently, the situation exists which suggests travel below 72p has high odds of reaching 58p next and hopefully, some sort of bounce. At time of writing, the share is trading around 75p, so it doesn’t need drop far to trigger the next potential calamity. It’s what happens below the 56p level which gives greater concern.

In the event 56p breaks – and it’s perhaps a good idea to wait for closure below 56p – our Big Picture report calculates the prospect of a race downhill to an eventual ultimate bottom of just 11p.

 

If the share price intends buck the odds and make an attempt to flee the course, it currently needs trade above 83p to allegedly trigger recovery to an initial 88.5p. If exceeded, our secondary calculation comes in at 105p, along with a verbose apology from the market for getting things wrong and overcooking the price drop. We are inclined to suggest NOT holding your breath, if hoping for this secondary movement.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:03:58PM	BRENT	84.44									‘cess
10:06:32PM	GOLD	1922	1920	1914	1908	1926	1934	1937	1942	1922
10:08:39PM	FTSE	7781									Success
10:11:10PM	STOX50	4156.8
10:13:25PM	GERMANY	15120.3									Success
10:15:18PM	US500	4026.72	4016	3997	3967	4041	4066	4073	4092	4032	‘cess
10:18:02PM	DOW	33743									‘cess
10:20:04PM	NASDAQ	11936.97									‘cess
10:21:59PM	JAPAN	27414									‘cess

 

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

24/01/2023 FTSE Closed at 7757 points. Change of -0.09%. Total value traded through LSE was: £ 5,520,852,512 a change of 27.06%

23/01/2023 FTSE Closed at 7764 points. Change of -0.08%. Total value traded through LSE was: £ 4,345,074,257 a change of -16.34%

20/01/2023 FTSE Closed at 7770 points. Change of 0.3%. Total value traded through LSE was: £ 5,193,532,558 a change of -8.71%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:LLOY Lloyds Grp.** **LSE:MMAG Music Magpie** **LSE:SBRY Sainsbury** **LSE:TERN Tern Plc** **

********

Updated charts published on : Asos, Barclays, BALFOUR BEATTY, Darktrace Plc, Lloyds Grp., Music Magpie, Sainsbury, Tern Plc,

LSE:ASC Asos. Close Mid-Price: 875 Percentage Change: + 7.96% Day High: 881.5 Day Low: 795

Target met. In the event of Asos enjoying further trades beyond 881.5, th ……..

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LSE:BARC Barclays. Close Mid-Price: 186.66 Percentage Change: + 0.47% Day High: 186.76 Day Low: 183.14

Further movement against Barclays ABOVE 186.76 should improve acceleratio ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 368 Percentage Change: -0.86% Day High: 374 Day Low: 365

In the event of BALFOUR BEATTY enjoying further trades beyond 374, the sh ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 220 Percentage Change: -12.63% Day High: 247.3 Day Low: 206

If Darktrace Plc experiences continued weakness below 206, it will invari ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 52.98 Percentage Change: + 0.74% Day High: 53.07 Day Low: 52

Continued trades against LLOY with a mid-price ABOVE 53.07 should improve ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 44.6 Percentage Change: + 6.19% Day High: 45.5 Day Low: 42.3

Further movement against Music Magpie ABOVE 45.5 should improve accelerat ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 262.8 Percentage Change: + 4.08% Day High: 261.8 Day Low: 252

Target met. In the event of Sainsbury enjoying further trades beyond 261. ……..

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LSE:TERN Tern Plc. Close Mid-Price: 7.75 Percentage Change: + 2.79% Day High: 7.75 Day Low: 6.93

Target met. Continued weakness against TERN taking the price below 6.93 c ……..

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

#Brent #Dax 

Since 2017, watching Governments come and go in the UK, along with uncountable senior politicians jobs, has been substantially more interesting than watching share prices amongst the retail banks. Thankfully, there are signs this is changing as the banking sector appears to be waking up. Fortunately, comedy relief amongst politicians remains as vibrant as ever with Scotlands Nicola Sturgeon doubtless counting her lucky stars, political events at the Downing St trough, London, eased the spotlight off her, for now.

 

The Big Three retail banks hopefully prove more capable of keeping their hands cleaner than politicians as all continue to look poised for some reasonable price recovery. With Natwest, the next hurdle appears to be a demand the share price CLOSE a session above 328p, above the high which started the immediate downtrend and taking the share price into a zone where upward movement shall prove difficult to resist.

Of course, the path isn’t going to be all wine and roses, especially as Natwest still has to enact a panic reversal. For some reason, many shares feel the need to reverse once they’ve broken through a major downtrend such as Natwest exhibit and as a result, we’ll not be surprised if the share price doesn’t reverse to around 280p anytime soon. The reason is liable to be simple, a bunch of folk exerting selling pressure as they reclaim funds which have been tied up since 2017. It’s only fair to anticipate such a panic movement happening as the share price approached the previous highs from 5 years ago in January 2018. In this instance, as long as any reversal doesn’t close below 280p, our confidence in the bank share price shall remain uncommonly high.

 

For Natwest, our current calculations suggest movement next above 310p should make an attempt at 316p next with our longer term secondary, if this initial target is exceeded, working out at 339p. This, hopefully, should provide sufficient strength to allow closure above 328p, painting a picture of a new higher high, and allowing us to cough politely and start mentioning a distant 471p as possible for those traders with greater reserves of patience than most politicians have jobs.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:35:58PM	BRENT	86.16	85.51	84.93	83.69	86.52	88.65	89.22	90.48	87.33
9:38:11PM	GOLD	1926.72
9:40:06PM	FTSE	7762.09
9:57:48PM	STOX50	4176.5
10:00:32PM	GERMANY	15156.27	15093	15073	15034	15167	15190	15214	15261	15136
10:47:04PM	US500	4088.52
10:49:00PM	DOW	34119
10:50:48PM	NASDAQ	12221
11:04:50PM	JAPAN	27425

 

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

24/01/2023 FTSE Closed at 7757 points. Change of -0.09%. Total value traded through LSE was: £ 5,520,852,512 a change of 27.06%

23/01/2023 FTSE Closed at 7764 points. Change of -0.08%. Total value traded through LSE was: £ 4,345,074,257 a change of -16.34%

20/01/2023 FTSE Closed at 7770 points. Change of 0.3%. Total value traded through LSE was: £ 5,193,532,558 a change of -8.71%

19/01/2023 FTSE Closed at 7747 points. Change of -1.06%. Total value traded through LSE was: £ 5,688,982,543 a change of 12.09%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BP. BP PLC** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:SBRY Sainsbury** **LSE:TERN Tern Plc** **

********

Updated charts published on : Asos, BP PLC, Diageo, MAN, ITV, Music Magpie, Natwest, Polymetal, Sainsbury, Tern Plc,

LSE:ASC Asos. Close Mid-Price: 810.5 Percentage Change: + 1.31% Day High: 818 Day Low: 794.5

Target met. Further movement against Asos ABOVE 818 should improve accele ……..

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LSE:BP. BP PLC. Close Mid-Price: 489.3 Percentage Change: + 1.05% Day High: 496.6 Day Low: 486.85

Target met. Continued trades against BP. with a mid-price ABOVE 496.6 sho ……..

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LSE:DGE Diageo Close Mid-Price: 3422 Percentage Change: -1.44% Day High: 3472.5 Day Low: 3363

Weakness on Diageo below 3363 will invariably lead to 3353 with secondary ……..

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LSE:EMG MAN. Close Mid-Price: 251.9 Percentage Change: + 1.41% Day High: 251.6 Day Low: 247.8

Continued trades against EMG with a mid-price ABOVE 251.6 should improve ……..

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LSE:ITV ITV. Close Mid-Price: 82.94 Percentage Change: + 1.62% Day High: 83.16 Day Low: 81.7

Further movement against ITV ABOVE 83.16 should improve acceleration towa ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 42 Percentage Change: + 7.69% Day High: 43.5 Day Low: 39

Continued trades against MMAG with a mid-price ABOVE 43.5 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 308.5 Percentage Change: + 1.18% Day High: 309.2 Day Low: 305

Target met. All Natwest needs are mid-price trades ABOVE 309.2 to improve ……..

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LSE:POLY Polymetal. Close Mid-Price: 228 Percentage Change: + 3.64% Day High: 230 Day Low: 195

In the event Polymetal experiences weakness below 195 it calculates with ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 252.5 Percentage Change: + 5.47% Day High: 254.9 Day Low: 247.6

Further movement against Sainsbury ABOVE 254.9 should improve acceleratio ……..

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LSE:TERN Tern Plc Close Mid-Price: 7.54 Percentage Change: -5.75% Day High: 8 Day Low: 7.25

Weakness on Tern Plc below 7.25 will invariably lead to 7 with secondary, ……..

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

#FTSE #GOLD

Numbers are supposed to be a personal strong point but, with a wedding anniversary imminent, simple arithmetic proved beyond me. The “problem” with our anniversary is neither of us remember the date of the wedding in the USA, either resorting to looking at the wedding licence or taking an unusual easier option. We count champagne bottles!

Neither of us enjoy champagne but as we were given a bottle in Colorado, it returned to the UK and sat alone in a wine rack, as popular as a British politician at an international meeting. As our first anniversary dawned, my wife thought it funny to buy a 2nd bottle to join the lonely one, accidentally kicking off an annual tradition. We’re now on our 3rd wine rack…

Guess who forgot the initial bottle shouldn’t be counted, when working out which anniversary was due? And worse, defended my position when challenged, until the quite decorative Marriage Licence was flourished, making the balloons utterly redundant. However, there’s one number I’m still fairly confident about and it’s 871 points.

 

Unlike the FTSE 100 or the FTSE 250, the AIM market is now making early signs for true recovery. At present, it’s trading around 865 points and needs only better 871 to enter a cycle, hopefully, to 900 points next with secondary, if bettered, at 944 points. This will regain the uptrend since the pandemic low of 2020, giving considerable reason for longer term optimism across the AIM market. In plain English, it’s a market at the “fingers crossed” point.

 

FTSE 100 The FTSE had an all time high of 7903 points, back in May 2018.

Our reason we’re mentioning this is an attempt to forestall some of the incoherent excitement which shall doubtless occur, due to some immediate potentials on the market. From a near term perspective, we suspect the UK market should exhibit some gains as movement above 7787 points currently calculates with the potential of a lift to 7836 points next with our secondary, if such a target appears, working out at 7885 points. If triggered, the tightest stop loss level looks like a reasonable 7743 points.

The important detail about both the foregoing target levels is they’re both below 7903 points, the market failing to achieve a true higher high. We can calculate a 3rd level ambition at 7914 points but suggest taking care with any long term commitments (and avoid buying champagne) until such time the UK index actually closes a session above 7903 points. It’s liable to be quite a big deal, confirming a long term attraction at 8240 points.

 

If everything intends go wrong, the index requires an excuse to sink below 7617 points. Currently, below 7712 will give cause for worry, threatening reversals to 7678 points with secondary, if broken, down at 7636 and hopefully a bounce.

Have a good weekend

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:38:45PM	BRENT	87.43	85.74	85.435		86.63	87.98	88.205		86.95	‘cess
9:40:48PM	GOLD	1929	1923	1918		1933	1945	1954		1932	‘cess
9:44:29PM	FTSE	7774.81	7744	7716		7778	7788	7799		7759	‘cess
9:48:55PM	STOX50	4184.1	4159	4147		4182	4185	4192		4168	‘cess
9:57:19PM	GERMANY	15159.68	15065	15018		15134	15186	15224		15106	Shambles
9:59:02PM	US500	4054.12	4012	3996		4028	4063	4075		4028
10:02:46PM	DOW	33932	33610	33540		33843	33969	34063		33698	‘cess
10:05:25PM	NASDAQ	12004.22	11820	11743		11918	12057	12099		11974	Success
10:07:35PM	JAPAN	27505	27266	27231		27395	27527	27557		27384	‘cess

 

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

24/01/2023 FTSE Closed at 7757 points. Change of -0.09%. Total value traded through LSE was: £ 5,520,852,512 a change of 27.06%

23/01/2023 FTSE Closed at 7764 points. Change of -0.08%. Total value traded through LSE was: £ 4,345,074,257 a change of -16.34%

20/01/2023 FTSE Closed at 7770 points. Change of 0.3%. Total value traded through LSE was: £ 5,193,532,558 a change of -8.71%

19/01/2023 FTSE Closed at 7747 points. Change of -1.06%. Total value traded through LSE was: £ 5,688,982,543 a change of 12.09%

18/01/2023 FTSE Closed at 7830 points. Change of -0.27%. Total value traded through LSE was: £ 5,075,315,047 a change of -21.93%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **

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Updated charts published on : Barclays, Diageo, MAN, HSBC, International Personal Finance, Lloyds Grp., Natwest, Polymetal, Rolls Royce,

LSE:BARC Barclays. Close Mid-Price: 185.04 Percentage Change: + 1.83% Day High: 185.06 Day Low: 182.24

Continued trades against BARC with a mid-price ABOVE 185.06 should improv ……..

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View Previous Barclays & Big Picture ***

LSE:DGE Diageo Close Mid-Price: 3472 Percentage Change: -5.52% Day High: 3554 Day Low: 3403

If Diageo experiences continued weakness below 3403, it will invariably l ……..

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View Previous Diageo & Big Picture ***

LSE:EMG MAN. Close Mid-Price: 248.4 Percentage Change: + 1.97% Day High: 250.3 Day Low: 241.9

Target met. All MAN needs are mid-price trades ABOVE 250.3 to improve acc ……..

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LSE:HSBA HSBC. Close Mid-Price: 603.9 Percentage Change: + 0.90% Day High: 603.7 Day Low: 596.9

All HSBC needs are mid-price trades ABOVE 603.7 to improve acceleration t ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 82.4 Percentage Change: + 2.74% Day High: 84 Day Low: 81.8

Further movement against International Personal Finance ABOVE 84 should i ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 52.5 Percentage Change: + 3.04% Day High: 52.67 Day Low: 51

All Lloyds Grp. needs are mid-price trades ABOVE 52.67 to improve acceler ……..

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LSE:NWG Natwest. Close Mid-Price: 304.9 Percentage Change: + 0.96% Day High: 305.5 Day Low: 301.6

Target met. Continued trades against NWG with a mid-price ABOVE 305.5 sho ……..

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LSE:POLY Polymetal Close Mid-Price: 220 Percentage Change: -20.41% Day High: 270 Day Low: 214

If Polymetal experiences continued weakness below 214, it will invariably ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 113.48 Percentage Change: + 1.58% Day High: 115 Day Low: 111.72

Continued trades against RR. with a mid-price ABOVE 115 should improve th ……..

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