Author: T&T Staff

#Brent #Dax

As the entire nation rejoices at Boris Johnston successfully getting someone else to pay for his wedding party, we can sidle into the holiday month with another miracle, mostly un-noticed. Natwest achieved our 248p target from 3 weeks ago, quite literally opting to close the final trading day of July exactly at our target level. As they say in Scotland, “our gobs were smacked!”

It’s worth paying a little attention to movements in the preceding week. Monday proved some early interest, the share price closing the session at 230.2p, just 2/10th of a penny above our trigger level but hey, we’ll take it, the scene effectively set for what was coming. Their Interim Results on Friday thus fell on fertile ground, higher operating profits and a lift in dividend jollying up the party quite nicely. It all proved quite surreal, the share price closing on Thursday at exactly our 230p trigger, then closing on Friday at our 248p target, also achieving a day high of 251.9p. Perhaps very importantly, Natwest share price has now closed a session above Blue on the chart, a downtrend which dates back to 2015. Currently this trend line is sitting around 247.149p, therefore we’re allowed to express further optimism due to the market closing the day at 248.6p.

Folk of a fragile nature may with to sit down for the next bit…

 

Apparently, now above 252p threatens triggering further recovery to an initial 268p. If exceeded, our secondary calculation works out at 281p.

Either one of these target levels “risks” proving quite significant for the longer term, each hopefully capable of permitting the share price to actually CLOSE a session above 257p. From a really big picture perspective, this is liable to prove quite a big deal, doing the unthinkable by elevating a UK retail bank into the realms of three previously unspeakable words. Long Term Hold. All joking aside, closure above 257p allows us to discuss Natwest at 400p without a giggle similar to describing Max Verstappen as 2021’s Formula 1 World Champion.

 

We’d be remiss if we didn’t dilute this drooling optimism with some common sense. Natwest needs slump below Red (210p) to spoil all the above calculations.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:16:36PM	BRENT	103.91	101.9	101.5	99.8	103.08	106.6	106.91	108.29	104.6	Success
3:24:38PM	GOLD	1766									‘cess
3:51:36PM	FTSE	7450									‘cess
3:56:30PM	STOX50	3730									‘cess
2:39:04PM	GERMANY	13546	13336	13280	13189	13450	13553	13624	13709	13407	‘cess
2:51:12PM	US500	4129.57									‘cess
2:55:51PM	DOW	32852									‘cess
3:00:00PM	NASDAQ	12949									‘cess

29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%

28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

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:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Updated charts published on : BALFOUR BEATTY, BP PLC, British Telecom, Caspian, Diageo, Experian, Glencore Xstra, IG Group, International Personal Finance, IQE, Intertek, Natwest, OPG Power Ventures, Parkmead, Spirax, Serco, The Trainline, Taylor Wimpey, Vodafone, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 280.6 Percentage Change: + 1.96% Day High: 282.8 Day Low: 276.6

Further movement against BALFOUR BEATTY ABOVE 282.8 should improve accele ……..

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LSE:BP. BP PLC. Close Mid-Price: 400 Percentage Change: + 2.72% Day High: 404.88 Day Low: 386.15

In the event of BP PLC enjoying further trades beyond 404.88, the share s ……..

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LSE:BT.A British Telecom Close Mid-Price: 161.8 Percentage Change: -0.03% Day High: 165.1 Day Low: 154.75

Target met. Continued weakness against BT.A taking the price below 154.75 ……..

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LSE:CASP Caspian Close Mid-Price: 3.35 Percentage Change: -2.90% Day High: 3.45 Day Low: 3.35

In the event Caspian experiences weakness below 3.35 it calculates with a ……..

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LSE:DGE Diageo. Close Mid-Price: 3882 Percentage Change: + 0.44% Day High: 3930 Day Low: 3872.5

In the event of Diageo enjoying further trades beyond 3930, the share sho ……..

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LSE:EXPN Experian. Close Mid-Price: 2863 Percentage Change: + 1.89% Day High: 2883 Day Low: 2791

All Experian needs are mid-price trades ABOVE 2883 to improve acceleratio ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 461.85 Percentage Change: + 2.78% Day High: 463.6 Day Low: 439

Continued trades against GLEN with a mid-price ABOVE 463.6 should improve ……..

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LSE:IGG IG Group. Close Mid-Price: 796 Percentage Change: + 0.51% Day High: 810 Day Low: 790

Target met. All IG Group needs are mid-price trades ABOVE 810 to improve ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 96.2 Percentage Change: + 3.44% Day High: 97 Day Low: 94.9

Further movement against International Personal Finance ABOVE 97 should i ……..

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LSE:IQE IQE. Close Mid-Price: 43.9 Percentage Change: + 1.97% Day High: 44.25 Day Low: 43.05

All IQE needs are mid-price trades ABOVE 44.25 to improve acceleration to ……..

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LSE:ITRK Intertek Close Mid-Price: 4376 Percentage Change: -1.97% Day High: 4411 Day Low: 4085

Target met. Continued weakness against ITRK taking the price below 4085 c ……..

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LSE:NWG Natwest. Close Mid-Price: 248.6 Percentage Change: + 8.09% Day High: 251.9 Day Low: 243.7

Target met. Further movement against Natwest ABOVE 251.9 should improve a ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 7.05 Percentage Change: + 4.44% Day High: 7.2 Day Low: 6.75

In the event of OPG Power Ventures enjoying further trades beyond 7.2, th ……..

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LSE:PMG Parkmead. Close Mid-Price: 67 Percentage Change: + 3.08% Day High: 70.8 Day Low: 64

Target met. Continued trades against PMG with a mid-price ABOVE 70.8 shou ……..

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LSE:SPX Spirax. Close Mid-Price: 11935 Percentage Change: + 2.89% Day High: 12045 Day Low: 11665

Target met. All Spirax needs are mid-price trades ABOVE 12045 to improve ……..

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LSE:SRP Serco. Close Mid-Price: 188.3 Percentage Change: + 0.32% Day High: 190.3 Day Low: 187.5

Target met. Further movement against Serco ABOVE 190.3 should improve acc ……..

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LSE:TRN The Trainline. Close Mid-Price: 396.2 Percentage Change: + 3.80% Day High: 395 Day Low: 380.1

Further movement against The Trainline ABOVE 395 should improve accelerat ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 127.1 Percentage Change: + 0.55% Day High: 129 Day Low: 126.25

Continued trades against TW. with a mid-price ABOVE 129 should improve th ……..

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LSE:VOD Vodafone. Close Mid-Price: 120.8 Percentage Change: + 1.68% Day High: 122.02 Day Low: 117.98

If Vodafone experiences continued weakness below 117.98, it will invariab ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 127.5 Percentage Change: + 2.00% Day High: 131 Day Low: 125

In the event of Zoo Digital enjoying further trades beyond 131, the share ……..

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

#FTSE #GOLD

August is normally a “pretend” month. Writers pretend to be working, the markets pretend to be trading, share prices pretend to be moving. But in reality, due to the movers and shakers all being at Butlins for the holiday month, very little actually happens, events marginally more interesting than a UK Tory party leadership farce. Personally, it’s easy to suspect the Conservatives, if they employed an enlightened voting system such as eschewed by politicians everywhere, would elect a candidate named; “None Of The Above”…

However, this time around, we’re a little impressed with some recent movements on the FTSE. While optimism based on the last few sessions of a months trading can often be trashed in the first couple of days of a new month, it’s worth considering a few recent market nudges in the right direction.

Firstly, the FTSE has managed break through the downtrend since the start of June. This ticks a box.

Secondly, the FTSE has managed to close above the prior highs of this downtrend. This ticks a happier box.

Thirdly, the visuals don’t entirely stink and the FTSE needs slump below 7,300 points to spoil our optimism.

Fourth, a bit contentious, is our calculation the FTSE now intends head to 7,700 points. By exceeding the downtrend since 2018, in this scenario, the index will also find itself trading above any previous levels of 2022, implying happy days are ahead. This potential ticks yet another major box.

Adding everything together, the indications currently suggest August should prove interesting for the FTSE.

From a nearer term perspective, things still manage to suggest optimism as above 7397 now calculates with the potential of gains to an initial 7426 points. If exceeded, our secondary ambition works out at a pretty amazing 7513 points. Beware the danger (again) of a self serving opening second spike upward at the market open, due to the risk of this being used to slow everything down. Thursday produced such behaviour and unfortunately, the Futures markets ran ahead after hours, topping out at 7418 despite the FTSE ending the day at 7345 points.

Hopefully FTSE futures relaxation will allow the FTSE on Friday to open very near to 7345 points, ideally allowing a day of some quite reasonable upward movement.

If everything intends go wrong (near term), below 7308 points allows weakness to an initial 7283 with secondary, if broken, at 7246 and hopefully a solid rebound.

 

Have a good weekend and, if you’re off to Butlins and don’t like Formula 1, you may wish to consider reading Project Hail Mary by Andy Weir, the first sci-fi book I’ve read in many years which proved a complete page turner. He also wrote The Martian, made into a film last year but this book is in a different galaxy.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:39:35PM	BRENT	102.44	101.09	100.18		102.6	104.32	104.745		102	‘cess
9:42:30PM	GOLD	1756.87	1733	1726		1746	1757	1768		1741	Success
9:44:53PM	FTSE	7404.75	7345	7323		7372	7413	7426		7368	‘cess
9:47:44PM	STOX50	3698	3651	3631		3669	3699	3713		3595	Success
9:50:54PM	GERMANY	13450	13152	13042		13260	13450	13490		13316	Success
9:54:10PM	US500	4105.12	4032	4014		4084	4108	4117		4062	Success
9:58:21PM	DOW	32625	32333	32216		32444	32642	32817		32354	Success
10:00:47PM	NASDAQ	12901	12420	12216		12611	12927	12977		12608	Success
10:02:56PM	JAPAN	27948	27743	27667		27805	27960	28017		27823	‘cess

28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:LLOY Lloyds Grp.** **LSE:SPX Spirax** **

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Updated charts published on : British Telecom, Carclo, Centrica, Diageo, Glencore Xstra, Lloyds Grp., Spirax,

LSE:BT.A British Telecom Close Mid-Price: 161.85 Percentage Change: -8.09% Day High: 174.8 Day Low: 158.65

Target met. Weakness on British Telecom below 158.65 will invariably lead ……..

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LSE:CAR Carclo Close Mid-Price: 19.35 Percentage Change: -2.52% Day High: 18.95 Day Low: 18.95

Target met. If Carclo experiences continued weakness below 18.95, it will ……..

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LSE:CNA Centrica Close Mid-Price: 88.84 Percentage Change: -2.35% Day High: 93.5 Day Low: 87.6

In the event of Centrica enjoying further trades beyond 93.5, the share s ……..

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LSE:DGE Diageo. Close Mid-Price: 3865 Percentage Change: + 2.63% Day High: 3883.5 Day Low: 3756.5

Target met. Further movement against Diageo ABOVE 3883.5 should improve a ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 449.35 Percentage Change: + 0.53% Day High: 461.45 Day Low: 446.1

In the event of Glencore Xstra enjoying further trades beyond 461.45, the ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 44.42 Percentage Change: -1.97% Day High: 46.34 Day Low: 44.16

All Lloyds Grp. needs are mid-price trades ABOVE 46.34 to improve acceler ……..

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LSE:SPX Spirax. Close Mid-Price: 11600 Percentage Change: + 3.90% Day High: 11580 Day Low: 11205

In the event of Spirax enjoying further trades beyond 11580, the share sh ……..

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

Convatec Group Plc (LSE:CTEC)

Usually, in an attempt to produce something which is more than just about numbers, we take a glance at what a company is about. Our usual sources, the corporate website and Wikipedia, generally will provide something interesting or funny. With Convatec, the company being pretty focussed on their medical product ranges, and for those with an absurd imagination, (such as myself) information about a company who specialise in “Wound and skin care, ostomy care, continence care, critical care, infusion devices” proved a step too far.

Suffice to say, they’re the real deal.

 

To go straight to the numbers, we actually quite like the current position of Convatec share price. At time of writing, they’re trading around 229p, the share “only” needing above 234p to hopefully trigger some movement toward an initial 250p. While such a movement may not sound like much, visually it’s quite useful, exceeding the long term downtrend sine 2017 and better still, should it trade above 250p, our long term secondary of 277p becomes a valid ambition.

Curiously, we increasingly find ourselves in a strange position with price movements. For instance, the scenario above is thanks to share price history AC (After Covid) but if we opt to review the big picture potentials BC (Before Covid), a quite different scenario is presented, one where we’d typically view the share as heading to 300p with secondary, if bettered, a longer term 365p. It’s possible insufficient time has gone by to allow us to understand which model the market is working to. When the near universal ‘Pandemic Drop’ occurred in March 2020, does this represent a point in time at which the market has opted to start again in calculating price movements. Or will it be the case, once AC movements become exhausted, shall Big Picture influences take over?

 

Regardless, we suspect Convatec shall prove worth keeping an eye on, in the weeks ahead. The price needs below Red (174 currently) to cause a panic.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:48:59PM	BRENT	102.65									Shambles
9:50:50PM	GOLD	1734.7	1711	1707	1696	1722	1737	1741	1745	1730	Success
9:52:59PM	FTSE	7382.38
9:54:58PM	STOX50	3629.6									‘cess
10:02:14PM	GERMANY	13236.99									‘cess
10:08:35PM	US500	4017.07									Success
10:10:30PM	DOW	32176									Success
10:12:53PM	NASDAQ	12553	12363	12238	12095	12474	12665	12685	12896	12513	Success
10:14:48PM	JAPAN	28007									Success

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

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:AML Aston Martin** **LSE:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:PMG Parkmead** **

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Updated charts published on : Aston Martin, Asos, BALFOUR BEATTY, Diageo, Glencore Xstra, British Airways, IQE, Lloyds Grp., Natwest, Parkmead,

LSE:AML Aston Martin. Close Mid-Price: 460 Percentage Change: + 5.46% Day High: 464.4 Day Low: 433

If Aston Martin experiences continued weakness below 432, it will invariab ……..

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LSE:ASC Asos. Close Mid-Price: 1035 Percentage Change: + 0.29% Day High: 1069 Day Low: 1003

Weakness on Asos below 1003 will invariably lead to 972 with secondary (if ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 275.4 Percentage Change: + 1.40% Day High: 276.4 Day Low: 272.6

In the event of BALFOUR BEATTY enjoying further trades beyond 277, the sha ……..

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LSE:DGE Diageo. Close Mid-Price: 3766 Percentage Change: + 1.05% Day High: 3795 Day Low: 3728.5

Target Met. Now above 3796 expects 3812 next with secondary, if beaten, at ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 447 Percentage Change: + 1.87% Day High: 447.3 Day Low: 436.7

Further movement against Glencore Xstra ABOVE 448 should improve accelerat ……..

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LSE:IAG British Airways. Close Mid-Price: 119.06 Percentage Change: + 5.21% Day High: 119.82 Day Low: 113.18

Above^ 120 continues pointing at 131 next. If bettered, our longer term se ……..

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LSE:IQE IQE. Close Mid-Price: 42.9 Percentage Change: + 6.58% Day High: 43 Day Low: 40.3

Target Met. Now above 43 suggests 50p next with secondary, if bettered, a ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 45.32 Percentage Change: + 4.11% Day High: 45.9 Day Low: 44.8

Further movement against Lloyds Grp. ABOVE 45.9 should improve acceleratio ……..

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LSE:NWG Natwest. Close Mid-Price: 233.5 Percentage Change: + 1.79% Day High: 237 Day Low: 231.8

All Natwest needs are mid-price trades ABOVE 237 to improve acceleration ……..

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LSE:PMG Parkmead. Close Mid-Price: 65.1 Percentage Change: + 6.55% Day High: 66 Day Low: 60.4

Target met. Further movement against Parkmead ABOVE 66 should improve acc ……..

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

#FTSE #SP500

The name successfully conceals an organisation which has, since 1909, been trading internationally with some considerable success. It was all the fault of Henry Ford and his everyman car, the Model T. Rubber plantations in Asia needed money to expand fast, due to the burgeoning demand for car tyres, and the original incarnation of the company stepped forward.

A few years later, their name changed to Scottish Mortgage and Investment Trust, the company expanded their interests, now including equity markets worldwide. LSE:SMT once had a chairman who famously expressed “The fact is that this country has got itself into a really dreadful mess… We continue to have more confidence in investment prospects overseas than in the UK“. This was in 1975 but it’s certain the sentiment remains true, their activities still being global.

 

From an immediate share price perspective, there’s quite a lot pointing toward optimism. But unfortunately, the price need only tumble below 800p to risk triggering reversal to 740p next. Visually, such an ambition isn’t terrible, essentially matching the level of the Blue trend break at the start of July. Normally we’d anticipate a bounce should such a reversal occur, especially as things become dangerous in the event 740p breaks as “bottom” calculates at 619p, a price level from which it’s difficult to visualise any quick recovery.

However, the share price “only” needs exceed the recent high of 884p to enter the realms of hope, calculating with an initial recovery potential to 978p initially with secondary, if exceeded, a more encouraging target at 1164p.

Our inclination is to suspect Scottish Mortgage Investment Trust share price intends recovery in the months ahead as the market made a very deliberate movement to break through the immediate Blue downtrend. Fingers crossed time!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:39:22PM	BRENT	99.75									Shambles
10:42:54PM	GOLD	1717.53
10:44:55PM	FTSE	7309.54	7287	7280	7251	7318	7367	7391	7430	7329	‘cess
10:46:40PM	STOX50	3576
10:49:51PM	GERMANY	13116.67									‘cess
10:51:38PM	US500	3936	3910	3898	3860	3942	3963	3976	3998	3938	Success
10:53:25PM	DOW	31797
10:55:35PM	NASDAQ	12147									‘cess
10:57:25PM	JAPAN	27478									Success

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

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:AML Aston Martin** **LSE:ASC Asos** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Asos, Centrica, Diageo, Glencore Xstra, IG Group, Natwest, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 436.2 Percentage Change: -7.11% Day High: 480 Day Low: 437.2

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LSE:ASC Asos Close Mid-Price: 1032 Percentage Change: -7.94% Day High: 1140 Day Low: 1028

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LSE:CNA Centrica. Close Mid-Price: 89.38 Percentage Change: + 1.06% Day High: 91.06 Day Low: 88.26

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LSE:DGE Diageo. Close Mid-Price: 3727 Percentage Change: + 0.13% Day High: 3742.5 Day Low: 3708.5

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LSE:GLEN Glencore Xstra. Close Mid-Price: 438.8 Percentage Change: + 1.39% Day High: 445.55 Day Low: 437.2

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LSE:IGG IG Group Close Mid-Price: 789.5 Percentage Change: -0.75% Day High: 805.5 Day Low: 789.5

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LSE:NWG Natwest Close Mid-Price: 229.4 Percentage Change: -0.35% Day High: 233.6 Day Low: 228.1

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LSE:ZOO Zoo Digital. Close Mid-Price: 126 Percentage Change: + 1.20% Day High: 126 Day Low: 124.5

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

#Gold #SP500 It appears Yellow Cake shares are about as near to uranium enjoying a dedicated index as possible. To quote from the company website: “Yellow Cake is a uranium focused company offering direct exposure to the spot uranium price without exploration, development, mining or processing risk

“. It appears the company owns and stores uranium oxide in various locations in both Canada and France.

Barely a month goes by without someone enquiring about uranium, invariably discussing North American based companies, as increasingly it seems many investors are becoming confident “Nuclear” shall become the greenest route to the future. Personally, an expectation the new Rolls Royce micro reactors shall provide a welcome boost to the company share price, is the reason we perhaps watch the share too closely, suspecting at some point it shall boost upward, regardless of whatever is going on with the aviation industry.

 

Yellow Cake Plc has certainly enjoyed quite strong and steady movement since the inevitable pandemic low back in 2020. Through thick and thin, the share price has paid enormous respect to the Red uptrend on the chart below.

The implication of this slavish devotion suggests a slight threat of any future weakness below 313p triggering reversal to an initial 287p with secondary, if broken, at 259p and hopefully a bounce. In many ways, the share price dare not close a session below 259p as, longer term, we currently cannot calculate any sort of reliable bottom.

On a more positive note, above the immediate Blue downtrend, presently just 261p, works out with some useful potentials as it risks triggering recovery to an initial 373p with secondary, if exceeded, at a longer term 409p and some very possible hesitation. With closure above 409p, we shall be required to revisit our tea leaves, thanks to some quite interesting long term potentials.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:09:32PM	BRENT	100.41
10:11:06PM	GOLD	1720.23	1714	1710	1701	1721	1736	1740	1748	1722	Shambles
10:13:35PM	FTSE	7308
10:16:45PM	STOX50	3602.2
10:19:13PM	GERMANY	13191									Success
10:21:12PM	US500	3955.47	3942	3930	3911	3976	3987	3994	4011	3952	Success
10:23:20PM	DOW	31840
10:25:25PM	NASDAQ	12286									Shambles
10:27:24PM	JAPAN	27730

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

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:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:SNN Sanne Plc** **LSE:SRP Serco** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BALFOUR BEATTY, Darktrace Plc, Hurrican Energy, IG Group, Marks and Spencer, Sanne Plc, Serco, Taylor Wimpey, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 272 Percentage Change: + 1.80% Day High: 274.6 Day Low: 267.4

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LSE:DARK Darktrace Plc Close Mid-Price: 365.9 Percentage Change: -3.20% Day High: 382.7 Day Low: 365.3

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LSE:HUR Hurrican Energy. Close Mid-Price: 8.45 Percentage Change: + 16.55% Day High: 9 Day Low: 7.47

Target met. Further movement against Hurrican Energy ABOVE 9 should impro ……..

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LSE:IGG IG Group. Close Mid-Price: 795.5 Percentage Change: + 2.65% Day High: 797.5 Day Low: 771

Continued trades against IGG with a mid-price ABOVE 797.5 should improve ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 145.4 Percentage Change: + 0.41% Day High: 148 Day Low: 144

Further movement against Marks and Spencer ABOVE 148 should improve accel ……..

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LSE:SNN Sanne Plc. Close Mid-Price: 920 Percentage Change: + 0.66% Day High: 924 Day Low: 917

Continued trades against SNN with a mid-price ABOVE 924 should improve th ……..

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LSE:SRP Serco. Close Mid-Price: 186.8 Percentage Change: + 2.41% Day High: 188.7 Day Low: 180.4

Continued trades against SRP with a mid-price ABOVE 188.7 should improve ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 127 Percentage Change: + 0.63% Day High: 128 Day Low: 124.15

Target met. All Taylor Wimpey needs are mid-price trades ABOVE 128 to imp ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 124.5 Percentage Change: + 1.22% Day High: 124.5 Day Low: 123

Continued trades against ZOO with a mid-price ABOVE 124.5 should improve ……..

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

#Brent #STOXX50

As always, we’re frustrated with Lloyds. When we glance at the FTSE, since the start of 2020 before the pandemic, the index is down 4.3%. In the same period, Lloyds Banking share price is down 31.7%! Surely the retail banks must discover an excuse to exhibit some recovery, if only to mirror FTSE movements. Even Barclays share price is down by 15% compared with the start of 2020 whereas Natwest has only suffered a 5.4% price discount.

Technically speaking, it’s all just not fair. In fairness to Natwest, there’s a constant feeling the market simply cannot be bothered with Natwest dramatics and this, unfortunately, tends suggest should any recovery occur, we will find Natwest sneaking behind the bicycle shed for a smoke, while the rest of the retail banks pedal off into the distance. Traditionally, we do tend be quite sceptical about Natwest. But in the case of Lloyds, if there’s any truth in an argument a price needs go down before it can go up, with a 31.7% reduction, maybe it’s poised to display some surprise behaviour at some point in the future. We shall continue to hope. The pretty chart below illustrates quite painfully the lack of excitement with Lloyds Bank. Maybe the recent order from the banking authority demanding they display customer satisfaction statistics in branches will make all the difference to the company shares…

Currently, we notice a few commentators refer to Lloyds shares as “cheap”, something which makes us cringe, often the kiss of death to a share price. Remember, the #1 Rule in the marketplace is a lack of any guarantee. But in our hunt for sanity with Lloyds, we’re now inclined to allocate 47.3p as a potential trigger level, one which should finally give early warning the price is coming out of the gutter and making an attempt to head upward. Should the market deign to sprinkle some pixy dust on such a trigger, the Big Picture now suggests the potential for strong movement as the Longer Term view currently calculates movement above 47.3p as capable of reaching for an initial 63p, essentially a return to the pre-Pandemic price level. Our secondary, should the initial be exceeded, works out at 76p and a visit to price levels not witnessed since 2014. Visually, our 63p ambition is believable but the jury is firmly “out” on the secondary.

 

Unfortunately, there’s always an alternate scenario. In the event Lloyds share price opts to wear big clown shoes and a red nose, below 41p looks especially dangerous as there’s a real risk such a trigger shall provoke reversal to 34p next with secondary, if broken, at 27p and hopefully a bounce from the clown trampoline.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
2:46:50PM	BRENT	99.4	98.34	96.58	88.94	101.7	102.2	103.5	105.22	99.4
2:56:16PM	GOLD	1728
3:21:45PM	FTSE	7250
3:26:53PM	STOX50	3581	3564	3544	3517	3585	3625	3631	3651	3595
3:40:33PM	GERMANY	13175
4:59:33PM	US500	3961
5:01:38PM	DOW	31900
5:03:57PM	NASDAQ	12397
5:05:58PM	JAPAN	27704

 

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

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:AML Aston Martin** **LSE:ASC Asos** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, Asos, Experian, IG Group, Spirax, Taylor Wimpey,

LSE:AML Aston Martin Close Mid-Price: 483.6 Percentage Change: -8.69% Day High: 533.2 Day Low: 460

Perhaps it all depends on this weekends racing but AML share price looks t ……..

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LSE:ASC Asos. Close Mid-Price: 1157 Percentage Change: + 3.03% Day High: 1181 Day Low: 1121

Target met. Further movement against Asos ABOVE 1181 should improve accel ……..

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LSE:EXPN Experian Close Mid-Price: 2834 Percentage Change: -0.04% Day High: 2875 Day Low: 2825

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LSE:IGG IG Group Close Mid-Price: 775 Percentage Change: -1.02% Day High: 795 Day Low: 769.5

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LSE:SPX Spirax. Close Mid-Price: 11335 Percentage Change: + 0.04% Day High: 11505 Day Low: 11245

Target met. Further movement against Spirax ABOVE 11505 should improve ac ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 126.2 Percentage Change: + 0.24% Day High: 126.75 Day Low: 124

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

#FTSE #GOLD

There are lots of instances of “Just because you can, doesn’t mean you should”. Personally, reaching a new level of idiocy didn’t surprise my immediate family. A few months ago, I’d a great idea to build a zero budget rock tumbler, using the guts on an old microwave. The device has proven a success with only on little problem.

At no point, had a shortage of polished rocks been identified in my life.

Now, after several months of listening to the machine grinding away in the shed, a little treasure trove of polished quartz, jet, and varied funny looking stones now fill a large jar in the shed and I’ve no idea what to do with them. Grand-daughters are not interested, wife is especially not interested, and daughter thinks I got carried away with a “proof of concept good idea”. She’s right, the plate turning part of a microwave can indeed be butchered to create the core of a Rock Tumbler. But unless you’ve ever had a craving for shiny little rocks, why bother?

Obviously, for foregoing has quite a lot to do with the stock market. A “just because you can, doesn’t mean you should” moment.

 

Circled on the chart below, a movement the FTSE made a few weeks ago, where during the session the index explored life below the Red uptrend since 2020. But importantly, the session closed without the value of the index below Red. As mentioned previously, we regard this sort of thing as a warning for impending trouble and in the case of the FTSE, rather than rushing out an opening a blind short position, it’s perhaps worth considering thinking about things.

From a sanity perspective, we’d be inclined to take the reversal seriously, ONLY if the value of the FTSE manages below that achieved on the day of the trend break. This implies a demand the FTSE fall below 7007 as this risks triggering reversal to an initial modest 6966 points. If broken, our secondary (and expected bouncy bottom) calculates down at 6720 points. If triggered, the tightest stop in this scenario works out at an attractive 7065 points.

 

More likely, from a near term perspective, it looks like movement next above 7275 points should attempt 7327 points, challenging the immediate Blue downtrend since the start of June. Our secondary, should 7327 be exceeded, is quite amazing, calculating 99 points higher at 7426 points. This secondary is quite a big deal, placing the index in a zone where a longer term attempt at 7683 looks possible, matching the market highs for 2022.

Currently, there are plenty of arguments favouring market reversals expect, perhaps, the most important one. The market isn’t reversing!

 

Some Gold Thoughts (PM:XAUUSD) The value of Gold experienced a movement on Thursday 21st July, the sort of thing we tend associate with the Silver market – which we refuse to cover due to suspected manipulation making it dangerous to trade.

For Gold, there was an obvious drop trigger level at 1682 points, the market sleepily wandering a couple of dollars below the trigger before someone noticed. It’s not difficult to imagine someone shouting across the office, “Get Gold Back Up!” as within minutes, the price of Gold rose by $10, back to the level it started the session and pausing briefly at $1692 dollars.

After tentatively asking, “Is that enough?”, someone shouted “Go Higher, it’ll make it harder to fall” and within minutes, a further $20 was poured onto the value of Gold, completely at odds with any conventional movement logic.

The events proved especially irritating, due to us receiving a flurry of emails during the morning session, asking us for a Big Picture review of Gold, due to the price looking especially weak. This set the scene for horror, the market going crackers in real time while we worked, utterly spoiling every immediate scenario. It truly was not difficult to imagine a moment of panic, when the market realised what could potentially occur with the Gold price.

What could occur?

We had a scenario where below $1682 allowed a modest reversal to $1677. The big problem occurred, should $1677 break as the gold price would enter a zone, now calculating with an eventual bottom at $1548, a massive drop. Should our suspicion be correct, this was the reason for the panic recovery, the market unwilling to have the price of gold steal all the headlines for Friday.

We’re not convinced the danger has passed, Gold currently needing above $1790 to move into a place of safety.

Near term, above 1723 calculates with the potential of a gain to 1747 with secondary, if exceeded, an eventual 1808 dollars. We’re not convinced.

Have a good ‘le week-end’ and enjoy the French Grand Prix, sometimes one of the better races.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:55:53PM	BRENT	100.7	98.23	97.58		101.51	101.5	101.98		100.28	‘cess
9:57:31PM	GOLD	1720.16	1685	1679		1694	1721	1729.5		1709	Shambles
9:59:33PM	FTSE	7277.67	7249	7232		7273	7303	7335		7254	‘cess
10:01:08PM	STOX50	3593	3542	3522		3572	3616	3628		3580
10:03:04PM	GERMANY	13221	13099	12961		13272	13369	13390		13236	‘cess
10:06:00PM	US500	3989	3918	3887		3968	4001	4045		3944	‘cess
10:32:17PM	DOW	32013	31517	31428		31850	32055	32186		31829	Shambles
10:36:19PM	NASDAQ	12534	12345	12286		12477	12695	12633		12515	‘cess
10:39:12PM	JAPAN	27859	27709	27563		27781	27897	27999		27727	Success

 

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

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.

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Asos, Darktrace Plc, MAN, Experian, IG Group, Spirax, Taylor Wimpey, Zoo Digital,

LSE:ASC Asos. Close Mid-Price: 1123 Percentage Change: + 2.46% Day High: 1153 Day Low: 1078

Target Met. In the event of Asos enjoying further trades beyond 1153, the ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 369.5 Percentage Change: + 0.14% Day High: 380 Day Low: 368.6

All Darktrace Plc needs are mid-price trades ABOVE 380 to improve acceler ……..

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LSE:EMG MAN. Close Mid-Price: 274.9 Percentage Change: + 2.35% Day High: 276 Day Low: 266.9

Further movement against MAN ABOVE 276 should improve acceleration toward ……..

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LSE:EXPN Experian. Close Mid-Price: 2835 Percentage Change: + 2.75% Day High: 2858 Day Low: 2775

In the event of Experian enjoying further trades beyond 2858, the share s ……..

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LSE:IGG IG Group. Close Mid-Price: 783 Percentage Change: + 10.05% Day High: 790 Day Low: 714

All IG Group needs are mid-price trades ABOVE 790 to improve acceleration ……..

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LSE:SPX Spirax. Close Mid-Price: 11330 Percentage Change: + 3.99% Day High: 11345 Day Low: 10935

Continued trades against SPX with a mid-price ABOVE 11345 should improve ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 125.9 Percentage Change: + 2.99% Day High: 126.1 Day Low: 122.35

Further movement against Taylor Wimpey ABOVE 126.1 should improve acceler ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 123 Percentage Change: + 0.00% Day High: 124 Day Low: 123

In the event of Zoo Digital enjoying further trades beyond 124, the share ……..

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