FTSE for Friday Freebie. Wow, globally!

FTSE for FRIDAY  (FTSE:UKX)  

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

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

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

 

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

 

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

 

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

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


FUTURES

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

 

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%

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

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

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

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

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


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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Silver vs US Dollar , is it worth smuggling like Jeremy Clarksons haul.

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

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

 

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

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

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

 

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

 

 


FUTURES

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

 

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%

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

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

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

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

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


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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:CCL Carnival** **LSE:MKS Marks and Spencer** **LSE:MMAG Music Magpie** **

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


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

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

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

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

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

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

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

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

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

Rolls Royce Holdings Plc (LSE:RR.), stop and buy one…

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

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

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

 

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

We smell a rat.

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

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

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

 


FUTURES

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

 

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%

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

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

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

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

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


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

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

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


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

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

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

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

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

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

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

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

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

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

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

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

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

Morgan Sindall Group Plc  (LSE:MGNS) building success. Maybe.

#Gold #WallSt   It’s funny how, on a day when we finally selected a new garden shed and ordered it, a couple of emails arrived asking our thoughts on a UK builder.  While it’s inevitable a success story like MGNS.L avoid fitting garden sheds, what’s proving a surprise is how difficult it is to find someone to actually build the sodding thing when it arrives on Friday. The manufacturer suggests assembly should be a 2 hour job, a figure which is doubtless rubbish when “assembly” meets real life. Our previous upper garden shed, the one which flew away in January storms, famously indicated a 6 hour assembly time but, in reality, it took three days for two of us to get the thing bolted together. This replacement shed is being placed on a bed of paving slabs, as solid as it gets, and my wife has banned me from taking any part in the build process for “health” reasons. This is a polite way of acknowledging she does not want the shed over-engineered, when I spot obvious weakness’s during construction.

During the January storm, being curious as to how my lower garden shed was surviving, after sliding open the doors it was impressive to realise the steel structure was utterly silent, despite the external battering from 80mph winds. Clearly, the additional bracing fitted was making a difference and regardless of whoever we eventually find to build our additional shed, there are going to be some efforts to strengthen the roof and walls internally.

The current situation is; a near neighbour owns one of the largest building companies here in Argyll and I asked him about the shed problem. He suggested approaching his teenage daughter as she would appreciate the cash, along with actually having something to do when she’s home from Uni for a weekend. This is going to be interesting…

 

As for Morgan Sindall Plc, their share price gives considerable hope further gains can be anticipated but there’s a danger the share price is approaching a logical ceiling. Should the stock market commence “gapping” this share price up at the open anytime soon, our target levels are liable to be exceeded but for now, we can only go with movements during this year. Currently, above 3155p should enter a cycle to an initial 3358p with our secondary, if exceeded, working out at a future 3750p and very possible hesitation. In the absence of evidence showing the price being manipulated upward at the open of trade, we are fairly confident it is approaching an imaginary ceiling.

Of course, we’ve an alternate scenario, one which asks for the share price to dig below 2950p to cause trouble, risking triggering reversals to an initial 2670 with our longer term secondary and bounce point working out at an eventual 2240p.

We like this one but potentially not for long.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:55:01PM BRENT 8110 ‘cess
11:30:54PM GOLD 2642.21 2638 2622 2606 2651 2660 2670 2683 2650
11:38:10PM FTSE 8284.1
11:41:40PM STOX50 4948.9
11:45:38PM GERMANY 19010.4
11:49:06PM US500 5691.4 ‘cess
11:55:53PM DOW 41916.5 41804 41651 41400 42017 42300 42440 42650 42098 ‘cess
12:00:07AM NASDAQ 19761
11:04:55PM JAPAN 38731 Success

 

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%

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

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

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

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

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


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

Click Epic to jump to share: LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **

********

Updated charts published on : Firstgroup, HSBC, Spirax, Standard Chartered, Tullow,


LSE:FGP Firstgroup Close Mid-Price: 138.9 Percentage Change: -0.57% Day High: 140.3 Day Low: 136.4

Target met. Continued weakness against FGP taking the price below 136 cal ……..

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LSE:HSBA HSBC. Close Mid-Price: 695.2 Percentage Change: + 0.49% Day High: 698.5 Day Low: 688.7

Continued trades against HSBA with a mid-price ABOVE 698.5 should improve ……..

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LSE:SPX Spirax Close Mid-Price: 7110 Percentage Change: -0.14% Day High: 7215 Day Low: 7045

Continued weakness against SPX taking the price below 7045 calculates as ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 840.6 Percentage Change: + 1.52% Day High: 843.8 Day Low: 827

All Standard Chartered needs are mid-price trades ABOVE 843.8 to improve ……..

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LSE:TLW Tullow. Close Mid-Price: 26.5 Percentage Change: + 6.17% Day High: 26.5 Day Low: 24.78

Now getting just a little interesting, the share price needed close above ……..

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

Lloyds Banking Group  (LSE:LLOY) ready to have fun?

#Brent #SP500  It was a strange weekend, one literally packed full of the potential for something really stupid to happen. For some reason, every 5 years when my wife decides to change car, something daft happens and this time, things kicked off with her falling out with a bloke moving felled tree trunks around with a JCB. A big rule, when around machinery, is to never make a movement unless eye contact has been made with the operator. It was clear the guy was focussed on building a pile of timber, so I suggested to my wife she follow the dog and I on a wide detour through the forest. Unfortunately,  I hadn’t factored in my wifes ability to read peoples mind as she decided to ‘safely’ shuffle sideways past the big yellow machine, eventually making eye contact with an utterly incandescent machine operator who’d hit the panic stop switch.

Her excuse of not wanting to risk her brand new white trainers on the forest floor didn’t impress the operator, not did her attempt to explain she knew he was only working on the right hand side of the track and would have no reason to swing the boom to the left. It all made understanding Ferrari colours quite easy, the bright Red of the chaps face blending nicely with the Yellow paint of the machine… Our drive to the garage to view the car she wanted was in a dangerous angry silence after I explained she wouldn’t dare approach myself or my brother, if we were using chainsaws. And neither would she dream of going over the firing line, when our grand-daughter was humiliating me on the shooting range. Similar to all husbands, I never disagree with her logic in public but in the JCB moment, avoiding entering the conversation with the operator was probably sensible. He was right, she was wrong and her excuse pathetic. Mud on trainers can wipe off, just like blood on heavy machinery.

We arrived to review her potential car. As always, she utterly refused to test drive other than mess around with the drivers seat settings to ensure her feet could reach the pedals. (Funny story, they DID NOT reach the pedals of an MGB GT Coupe, the one occasion she didn’t do this test. But I liked that car and regret saying goodbye.) Anyway, she did the pedal test, then accidentally jumped into the rear seat of the vehicle, leaving me to take it for a howl around the block. It was comfortable in the rear and apparently dogs will not be irritated by noise levels. The car was bought, the garage folk genuinely astounded at her annual mileage of just over 2,500 miles, an advantage of staying in Argyll. Me, I’m unlucky if I go above 1,500 miles per annum but we’ve cheerfully planned a 600 mile day to do a round trip with the intention of getting used to her new vehicle – and buy a new wood burning stove! In summary, nothing stupid happened (yet), we bought the car, we collect it next weekend.

 

All these plans for the future are interesting, making us wonder about Lloyds continuing to avoid making the dangerous first step of becoming useful. Perhaps this isn’t entirely fair, the share price breaking through the Blue downtrend back in May of this year, every single dance step thereafter paying careful homage to the downtrend. It creates a situation where immediate arguments become difficult, forcing us to try and discover what trend the market next  intends pay some attention to.  There is a chance the downtrend since 2015 shall be regarded as important, suggesting the potential of some real gains in the market price, if only it would start increasing in price.

Should this be the case, the immediate situation demands Lloyds share price exceed roughly 61.338p to trigger movement to a potential 72p with our longer term secondary, if bettered, working out at a future 88.7p. Obviously, such an event shall have the UK Royal family enacting repeated bows from Buck House but it’s worth considering our secondary target matches a prior high from 2015, along with the potential for some real hesitation.

It’s all a bit messy, like mud on white trainers, but feels like patience should be required as Lloyds should be heading upward.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
12:55:12AM BRENT 7809 7739 7654 7562 7794 7934 8007 8155 7627 ‘cess
1:15:09AM GOLD 2653.01
1:34:19AM FTSE 8312.1 Shambles
1:38:55AM STOX50 4979.8
1:51:37AM GERMANY 19196.9 Shambles
12:20:18AM US500 5745.5 5694 5681 5655 5714 5756 5775 5800 5732 ‘cess
12:23:40AM DOW 42389 ‘cess
12:27:52AM NASDAQ 20046 ‘cess
12:30:52AM JAPAN 39736

\

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%

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

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

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

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

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


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

Click Epic to jump to share: LSE:HSBA HSBC** **LSE:JET Just Eat** **LSE:STAN Standard Chartered** **

********

Updated charts published on : HSBC, Just Eat, Standard Chartered,


LSE:HSBA HSBC. Close Mid-Price: 691.8 Percentage Change: + 0.99% Day High: 696.5 Day Low: 679.9

Further movement against HSBC ABOVE 696.5 should improve acceleration tow ……..

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LSE:JET Just Eat. Close Mid-Price: 1156 Percentage Change: + 2.48% Day High: 1188 Day Low: 1124

Target met. Continued trades against JET with a mid-price ABOVE 1188 shou ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 828 Percentage Change: + 3.84% Day High: 832.6 Day Low: 792

Target met. Further movement against Standard Chartered ABOVE 832.6 shoul ……..

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

FTSE for FRIDAY  (FTSE:UKX) getting exciting for no reason.

#FTSE #Gold  Thursday proved to be a day of humiliation. One of our grand-daughters had asked to visit and while we suspected her intention was target rifle practice, somehow I found myself sitting outside in sunny weather, teaching her to play Don McLean’s “Vincent” aka Starry Starry Night on guitar. While the 11 y/o child has the voice of an angel, she shall never play guitar better than Taylor Swift level but somehow or other, the sunny afternoon kept her attention for a couple of hours while we unwittingly did a duet, again and again.  And again.

Eventually, we had it right, her cunning plan being to play her Mums favourite song at some point over Xmas. Neither of us had noticed occasional people were no longer walking along the sea shore below us. When we called it ‘good enough’, a bunch of folk applauded from behind the hedges and wandering into sight. Grand-daughter, used to being on TV and radio due to school stuff, was not bothered but personally, why does a chasm never open when needed! Making matters worse, our nearest neighbour, quite an internationally famous piano guy, had listened to the entire thing and was now considering dragging one of his piano’s outside as we had changed the mood of a basic and simple tune. The guy has 9 different rooms with different piano’s, each with different lighting and acoustics, and is a proper musician (aka, he reads music, has a recording studio, and gets famous visitors.) And to be fair, wouldn’t dream of allowing one of his posh piano’s to enjoy a vastly variable Scottish climate. But maybe next year we shall enjoy a Strat vs Stein fight over the 1812 in privacy, confusing our dogs who usually bark at each other over the stream and wall. Each can come to the others garden without hindrance but they love the barking contest. Most folk with a Fender Stratocaster experiment with classical music at some point but in this instance, there is a perfect point to turn something ridiculous like Strauss into fun.

The lesson learned was to do this in the back garden. And only sit at the front coffee table with plenty of wine to enjoy the view.

 

It’s becoming a bit of a chore doing our FTSE for FRIDAY, simply due to the lack of realistic action emanating from London. A couple of years ago, a report from the Office for National Statistics revealed portfolio ownership of UK listed companies by Pension & Insurance funds had slipped from nearly 50% down to just 4.2% in 2022. The theory now circulating suggests international investors are not interested in UK shares, as UK institutional invests avoid them like the plague. It is certainly a theory worthy of consideration, one which is backed up by the number of companies fleeing a UK listing for the attraction of Wall St and an environment where share prices actually move meaningfully.

It’s said the majority of changes to the value of the FTSE this year are due to the value of companies replacing those leaving their UK listing behind. Without a doubt, something quite awful is going on and while our personal belief the UK’s trauma’s are a reflection of the UK’s incompetent political regime which has been happy to experience a future ruled by a complete monopoly, one which almost seems immune to any legal action by the FCA against those folks caught colouring outside the lines. However, from the start of December, the UK monopoly has awarded itself a new set of rules to work from, an initiative designed to reduce the number of companies fleeing London to set up home in foreign climates which actually value corporate initiative. Unfortunately, it’s being said the movement is too little, too late, and risks creating a UK FTSE where the bricks of the market shall prove to be made of hollow bamboo with shareholders given a reduced voice on major matters for a company future.

 

Our grump about the markets is obviously due to September wasting everyone’s’ time, the UK central bank dodging its opportunity to become useful and now, we’ve entered October with the organisation claiming it plans aggressive movement on interest rates until the year end. This panic statement tends concur with a suspicion the penny has finally dropped amongst governmental institutions that they’d dropped the ball, literally failing to favour the most important and valuable part of British industry, the Financial Sector.

Maybe it shall prove the case where October shall start to deliver some optimism, both due to forthcoming changes in FTSE rules and changes in UK interest rate policy. This being the case, it should be easy to identify early warning signs for happier days ahead with some genuine index movements.

Should this be the case, near term movement exceeding 8333 points should trigger market recovery to an initial 8367 points with our secondary, if bettered, at 8411 and a reasonable chance of some hesitation, due to historical highs. Market closure above 8411 shall be regarded as a big deal, entering a cycle where a visit to a longer term 8595 becomes possible.

 

If things plan going terribly wrong, below 8226 now risks promoting reversal to an initial 8119 with our secondary, if broken at7950

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:00:24PM BRENT 7787 7439 7358 7570 7800 7881 7651 ‘cess
11:02:21PM GOLD 2655.46 2638 2630 2650 2663 2668 2655 ‘cess
11:05:02PM FTSE 8276.5 8249 8209 8289 8325 8330 8296 Shambles
11:14:31PM STOX50 4915.7 4908 4892 4926 4985 5014 4950 ‘cess
11:21:18PM GERMANY 18996 18961 18933 19013 19113 19172 19022 ‘cess
11:24:21PM US500 5696 5676 5661 5696 5720 5741 5692
11:29:01PM DOW 41973 41846 41709 42004 42170 42278 41990 ‘cess
11:35:01PM NASDAQ 19778.7 19653 19614 19814 19915 19977 19797

 

3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%

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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:CNA Centrica** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:MMAG Music Magpie** **LSE:PHP Primary Health** **LSE:STAR Star Energy** **

********

Updated charts published on : AFC Energy, Aston Martin, Centrica, Firstgroup, HSBC, Music Magpie, Primary Health, Star Energy,


LSE:AFC AFC Energy. Close Mid-Price: 9.8 Percentage Change: + 0.00% Day High: 10.1 Day Low: 9.3

Target met. In the event AFC Energy experiences weakness below 9.3 it cal ……..

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LSE:AML Aston Martin Close Mid-Price: 104.9 Percentage Change: -3.32% Day High: 108.9 Day Low: 102.6

Continued weakness against AML taking the price below 102.6 calculates as ……..

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LSE:CNA Centrica. Close Mid-Price: 116 Percentage Change: + 0.13% Day High: 117 Day Low: 113.9

In the event Centrica experiences weakness below 113.9 it calculates with ……..

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LSE:FGP Firstgroup Close Mid-Price: 139.2 Percentage Change: -1.00% Day High: 143.8 Day Low: 138.4

In the event Firstgroup experiences weakness below 138.4 it calculates wi ……..

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LSE:HSBA HSBC. Close Mid-Price: 685 Percentage Change: + 1.33% Day High: 689.5 Day Low: 677

In the event of HSBC enjoying further trades beyond 689.5, the share shou ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.7 Percentage Change: + 0.46% Day High: 8.83 Day Low: 8.6

Target met. Further movement against Music Magpie ABOVE 8.83 should impro ……..

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LSE:PHP Primary Health. Close Mid-Price: 101.9 Percentage Change: + 1.09% Day High: 105.5 Day Low: 100.6

In the event of Primary Health enjoying further trades beyond 105.5, the ……..

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LSE:STAR Star Energy Close Mid-Price: 6.97 Percentage Change: -2.11% Day High: 7 Day Low: 6.02

Target met. In the event Star Energy experiences weakness below 6.02 it c ……..

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

BAE Systems Plc & JD Sports Fashion Plc, when sports fashion does battle…

LSE:BA. & LSE:JD. currently 1298p & 140p. #Gold #WallSt   In an almost funny phase of self flagellation, Tuesday evening was spent deciding whether to lead with BAE or JD Sports, both companies suddenly showing some interesting potentials. But the really difficult bit was attempting to figure out how to blend a close encounter with a new snowy owl into our efforts. Over the years, a massive snowy owl has been a regular visitor, reliably coming when I give a whistle. Tonight, the Golden Retrievers brain was exploding as she barked at “something” she had trapped in an ash tree. The dog regards a bird perched on the branches watching her as a win and this time, she was obviously at the top of the class.

Suddenly, something jumped out of the tree, dropping around 1 metre before opening its wings and taking flight. It was a small snowy owl, obviously trying hard not to damage its feathers in the close confines of the forest, making me suspect it was on a brand new flying licence. Perhaps it’s the case the monster owl has now become a parent and it was showing the young bird where the favourite places to annoy dogs were. But I’ve certainly never seen a bird jump out from a tree.

 

To start with JD Sports, their share price has followed the lesson from our little owl, throwing itself off a Blue downtrend which commenced back in 2021 is quite fascinating.  The extract on the chart below is of interest, the share price exuberantly exceeding the trend on 17th September, only to be smacked back into place the following day as if the market already knew it had a cunning plan for the days ahead.

The situation now suggests ongoing weakness below 138p risks promoting reversals down to an initial 118p with our secondary, if broken, an eventual bottom of 103p and hopefully a rebound.

If things intend turn positive, the share price now needs above 158p to hint at a trigger movement toward an initial 169p with our secondary, if beaten, at 174p and a need for us to revisit our calculations. Alas, for now we suspect it intends to drop, hopefully with a bottom at 103p as the market certainly appears to be enacting a secret scenario.

 

In a world without any shortage of regional conflicts, perhaps it’s the time to take a hard look at BAE Systems again. After all, should the USA go a little crazy following their Guy Fawkes Election on 5th November and not know who they are supposed to be selling weaponry to, surely any pause in US arms supply could be filled from the UK as our country hosts one of the largest weapon suppliers in the world. The only problem is the UK’s lack of available skilled workers for the defence industry, not really a surprise as they made many of them redundant while attempting to defend executive pay levels…

However, BAE is suddenly looking pretty interesting. Movement above just 1308 should now trigger price recovery to an initial 1330p with our longer term secondary, if beaten, at a future 1457p.

If trouble is planned, below 1221p risks triggering reversals to an initial 1166p with our secondary, if broken, at a potential bottom of 1070p.

For now, we think BAE Systems share price intends some gains.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:58:44PM BRENT 7463
11:04:58PM GOLD 2658.18 2644 2638 2626 2654 2662 2675 2692 2641
11:07:43PM FTSE 8274 ‘cess
11:18:04PM STOX50 4962.5
11:13:14PM GERMANY 19171 ‘cess
11:16:58PM US500 5717.8 ‘cess
11:21:15PM DOW 42227.3 41958 41856 41718 42086 42332 42450 42619 42222
11:23:48PM NASDAQ 19833.4
11:26:01PM JAPAN 38694

 

2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%

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:AAL Anglo American** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:EME Empyrean** **LSE:FGP Firstgroup** **LSE:MMAG Music Magpie** **

********

Updated charts published on : Anglo American, Aston Martin, Avacta, Empyrean, Firstgroup, Music Magpie,


LSE:AAL Anglo American. Close Mid-Price: 2478 Percentage Change: + 1.43% Day High: 2492.5 Day Low: 2444

In the event of Anglo American enjoying further trades beyond 2492.5, the ……..

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LSE:AML Aston Martin Close Mid-Price: 108.5 Percentage Change: -7.42% Day High: 117.3 Day Low: 106.8

Target met. Weakness on Aston Martin below 106.8 will invariably lead to ……..

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LSE:AVCT Avacta Close Mid-Price: 44.2 Percentage Change: -1.78% Day High: 45.5 Day Low: 42

Target met. Continued weakness against AVCT taking the price below 42 cal ……..

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LSE:EME Empyrean Close Mid-Price: 0.25 Percentage Change: -7.41% Day High: 0.25 Day Low: 0.21

In the event Empyrean experiences weakness below 0.21 it calculates with ……..

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LSE:FGP Firstgroup Close Mid-Price: 140.6 Percentage Change: -1.95% Day High: 144.3 Day Low: 140.1

If Firstgroup experiences continued weakness below 140.1, it will invaria ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.66 Percentage Change: + 50.61% Day High: 8.6 Day Low: 8.25

Target met. All Music Magpie needs are mid-price trades ABOVE 8.6 to impr ……..

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