Author: T&T Staff

It’s obviously our imagination but this year, the final full day of trading has come around incredibly fast. As always, we respect Scotlands holidays and shall return on Wednesday 3rd January. This country has a history of “odd” holidays as Christmas wasn’t an official holiday until 1958, due to parsimonious religious reasons. But New Year always allowed for two days of drinking time by way of apology. When Christmas day was declared an official holiday, no-one had the courage to tighten the New Year regulations, a situation which thankfully remains.

Wednesday saw the FTSE spend most of the day pretending to do anything, a bit similar to those folk returning to work during the festive break. When the UK index managed spend 5.5 hours from 9am, messing around within a 20 point range, we did tend to lose interest as it was clear volumes were going to be minimal and any hope for fireworks would be misplaced. However, there was a bit of a change at 20 past 3 in the afternoon as the FTSE shouldn’t really have dribbled below 7722 points.

Unfortunately, this sort of movement has created a situation where reversal again below 7722 points risks triggering a visit down to an initial 7685 points with our secondary, if broken, calculating down at 7652 points and hopefully a rebound. In the event such a level breaks, there becomes a very real risk of the UK market opting to end 2023 around the visually unlikely 7576 points point! If the initial movement triggers, the tightest stop loss level looks like 7752 points.

 

However, there are early signs suggesting the potential for some optimism, thanks to the London market almost achieving a series of higher highs. It results in a situation, where we may speculate on a scenario where above 7764 points should now trigger gains toward an initial 7869 points with secondary, if beaten, now working out at 8066 points. With the best will in the world, we find it difficult to express any real hope for a visit to a new all time high above 8000 points.

Have a good New Year break and ‘lang may yer lum reek’. (A Scottish drinking toast meaning; “Long may smoke come out of your chimney and thus, letting everyone know you’re still alive”)

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:58:56PM	BRENT	7925	7920	7880	7792	7992	7903	8236	8568	7834
10:01:31PM	GOLD	2077.25	2062	2055	2045	2072	2085	2118	2166	2065
10:03:35PM	FTSE	7724.1	7709	7692	7668	7739	7764	7783	7808	7726
10:05:33PM	STOX50	4535.5	4521	4512	4498	4545	4554	4569	4595	4534
10:08:39PM	GERMANY	16755.3	16725	16692	16652	16757	16802	16828	16868	16735
10:10:45PM	US500	4786	4768	4764	4756	4780	4788	4820	4863	4758
10:13:26PM	DOW	37662	37493	37455	37376	37580	37692	37747	37987	37594
10:16:18PM	NASDAQ	16928.5	16852	16840	16809	16900	16933	16963	17100	16852
10:18:18PM	JAPAN	33509	33454	33377	33242	33565	33782	33964	34260	33570

 

27/12/2023 FTSE Closed at 7724 points. Change of 0.35%. Total value traded through LSE was: £ 3,580,231,157 a change of 59.88%

22/12/2023 FTSE Closed at 7697 points. Change of 0.04%. Total value traded through LSE was: £ 2,239,365,244 a change of -44.7%

21/12/2023 FTSE Closed at 7694 points. Change of -0.27%. Total value traded through LSE was: £ 4,049,214,798 a change of -30.21%

20/12/2023 FTSE Closed at 7715 points. Change of 1.01%. Total value traded through LSE was: £ 5,802,090,818 a change of -19.89%

19/12/2023 FTSE Closed at 7638 points. Change of 0.32%. Total value traded through LSE was: £ 7,242,394,350 a change of 68.88%

18/12/2023 FTSE Closed at 7614 points. Change of -100%. Total value traded through LSE was: £ 4,288,360,200 a change of 0%

15/12/2023 FTSE Closed at 7576 points. Change of 0%. Total value traded through LSE was: £ 11,949,408,359 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:EME Empyrean** **LSE:GRG Greggs** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

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Updated charts published on : Avacta, Barclays, Empyrean, Greggs, Marks and Spencer, Oxford Instruments, Parkmead, Spirax, Tern Plc, Tullow,

LSE:AVCT Avacta. Close Mid-Price: 112.5 Percentage Change: + 0.90% Day High: 113 Day Low: 108.5

Weakness on Avacta below 108.5 will invariably lead to 100p with secondar ……..

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LSE:BARC Barclays. Close Mid-Price: 153.66 Percentage Change: + 1.24% Day High: 154.66 Day Low: 152.2

Target met. Continued trades against BARC with a mid-price ABOVE 154.66 s ……..

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LSE:EME Empyrean. Close Mid-Price: 0.68 Percentage Change: + 13.22% Day High: 0.55 Day Low: 0.55

Continued weakness against EME taking the price below 0.55 calculates as ……..

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LSE:GRG Greggs. Close Mid-Price: 2636 Percentage Change: + 0.92% Day High: 2656 Day Low: 2622

Target met. Further movement against Greggs ABOVE 2656 should improve acc ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 272.6 Percentage Change: + 0.22% Day High: 274.6 Day Low: 270.8

Target met. Continued trades against MKS with a mid-price ABOVE 274.6 sho ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2350 Percentage Change: + 0.00% Day High: 2470 Day Low: 2320

Target met. Continued trades against OXIG with a mid-price ABOVE 2470 sho ……..

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LSE:PMG Parkmead. Close Mid-Price: 19 Percentage Change: + 18.75% Day High: 19 Day Low: 16

Further movement against Parkmead ABOVE 19 should improve acceleration to ……..

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LSE:SPX Spirax. Close Mid-Price: 10535 Percentage Change: + 1.64% Day High: 10570 Day Low: 10430

All Spirax needs are mid-price trades ABOVE 10570 to improve acceleration ……..

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LSE:TERN Tern Plc Close Mid-Price: 3.5 Percentage Change: -17.65% Day High: 4.25 Day Low: 3.25

Target met. In the event Tern Plc experiences weakness below 3.25p it cal ……..

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LSE:TLW Tullow. Close Mid-Price: 38.54 Percentage Change: + 0.10% Day High: 39.1 Day Low: 37.38

All Tullow needs are mid-price trades ABOVE 39.1 to improve acceleration ……..

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View Previous Tullow & Big Picture ***

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

Thursday sure as heck didn’t go entirely as expected. As expected, the FTSE managed to trigger a drop then behaved with the braincell of a cat staring at a wall, doing very little for the rest of the day! In other words, standard festive fare but perhaps showing the market still intends further recovery. Should this be the case, above 7733 remains with the potential of a visit to 7778 points. Our alternate scenario remains viable, movement continuing below 7668 still expecting a visit to 7620 and hopefully a bounce. We suspect it shall be naïve to anticipate this sort of movement on Xmas eve.

As promised, we’ve taken a look at the wider markets and can report how the UK has performed as against everyone else. Unfortunately, the picture isn’t great. The USA, now trading at all times highs, looks quite encouraging and next week, we shall produce some Big Picture outlooks for the future. The problem we see for the UK comes, should other markets discover an excuse to suffer trauma next year. The UK’s failure to express any form of reasonable gain, or in the case of the AIM market, actually declined in value creates a problem.

With no “fat under the belt”, a problem hurting other world markets is liable to prove extremely painful for the FTSE. It creates a situation where we’re nervous of any suggestion a share price may be “cheap” as things could go badly wrong very quickly.

To sum up each markets current prospects, France looks capable of positive movement of some strength and Germany echoes its position. The Nasdaq looks extremely poised to experience some sort of reversal hiccups. Wall St and the S&P  appear to be in a similar zone, prices already stuttering at a logical high.

When we look at Gold, we suspect it shall mess around for a while in the 2000 to 2100 dollar zone. This will doubtless prove good news for the miners from Discovery’s Gold Rush!

And then, we have the FTSE. It is supposed to be in a zone where around 400 points of growth could be expected. But the continued lack of performance is proving a worry and as a result, we shall include it with next weeks Big Picture reports. In many respects, the struggling AIM market is taking an identical stance to the FTSE and perhaps some hope shall be evident for the near future. We shall obviously keep an eye on it.

 

And finally, have a pleasant festive break.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:00:17PM	BRENT	7918.3	7834	7766	7700	7930	7937	7983	8050	7840	‘cess
10:03:56PM	GOLD	2045.76	2033	2029	2023	2044	2047	2051	2059	2039
10:09:45PM	FTSE	7695.1	7654	7615	7564	7682	7713	7720	7742	7676
10:12:56PM	STOX50	4535	4511	4485	4449	4530	4531	4543	4560	4510
10:16:09PM	GERMANY	16728	16595	16563	16502	16678	16767	16807	16868	16690
10:18:15PM	US500	4746	4707	4687	4657	4727	4749	4756	4777	4719
10:21:22PM	DOW	37369	37081	37011	36873	37188	37423	37476	37626	37325	‘cess
10:23:45PM	NASDAQ	16749	16618	16575	16511	16697	16771	16834	16928	16714	Success
10:26:18PM	JAPAN	33316	33097	32999	32875	33218	33368	33399	33507	33234

21/12/2023 FTSE Closed at 7694 points. Change of -0.27%. Total value traded through LSE was: £ 4,049,214,798 a change of -30.21%

20/12/2023 FTSE Closed at 7715 points. Change of 1.01%. Total value traded through LSE was: £ 5,802,090,818 a change of -19.89%

19/12/2023 FTSE Closed at 7638 points. Change of 0.32%. Total value traded through LSE was: £ 7,242,394,350 a change of 68.88%

18/12/2023 FTSE Closed at 7614 points. Change of 0.5%. Total value traded through LSE was: £ 4,288,360,200 a change of -64.11%

15/12/2023 FTSE Closed at 7576 points. Change of -0.94%. Total value traded through LSE was: £ 11,949,408,359 a change of 47.73%

14/12/2023 FTSE Closed at 7648 points. Change of 1.32%. Total value traded through LSE was: £ 8,088,595,771 a change of 41.45%

13/12/2023 FTSE Closed at 7548 points. Change of 0.08%. Total value traded through LSE was: £ 5,718,449,628 a change of 4.86%

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:

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Updated charts published on :

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

#FTSE #GOLD We always have a very poor view of the half day session just before Christmas. It gets a little old after a few years, turning on monitors for 8am and watching the market move by a few points until maybe 1 minute past eight. Then nothing happens until just after 12 noon, sometimes even later, as all the work which should have taken place in the previous four hours actually happens. One year, everything kicked off with just 3 minutes to go until the Xmas break.

It’s easy to be cynical, especially if watching the market via a chart in minute by minute mode. After a while of viewing 5 point oscillations, a 7 point movement can suddenly look like things have gotten exciting until you zoom out and realise everything just dropped back into “do nothing” place. From our perspective, it results in a situation where attempting to produce analysis for the final session before Xmas is usually a situation of trying to sound enthusiastic about the potential of picking up pathetically low numbers of points.

Maybe this year it shall be different, if only thanks to the 30 point upward spike at the open on Wednesday implying a potential for imminent weakness. This is a bit of a pity, thanks to the FTSE ticking the first box in a logic trail which calculates with an eventual visit to 8066 points. Unfortunately, we worry the market has also noticed this and decided the UK doesn’t deserve a visit to a new all time high, unlike Wall Street.

To dwell on the side of positive, ‘cos it’s Christmas soon, above 7750 points looks capable of triggering near term movement to an initial 7778 points. Our longer term secondary, if bettered, calculates at 7802 points and some probable hesitation. If triggered, the tightest stop loss level looks like 7700 points, suggesting a pretty well balanced Risk/Reward scenario.

 

Our alternate viewpoint, thanks to the upward spike at the open on Wednesday, by necessity makes us suspect reversals shall prove imminent. This being the case, below 7678 appears to have the potential of triggering reversal to an initial 7620 points with our secondary, if broken, a less likely (because it breaks below Blue) 7518 points.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:14:02PM	BRENT	7928.2	7917	7843	7766	7976	8074	8122	8211	7979	‘cess
10:16:49PM	GOLD	2030.96	2020	2011	1999	2034	2048	2055	2068	2032
10:21:08PM	FTSE	7673.8	7652	7610	7557	7693	7731	7761	7792	7674	‘cess
10:23:24PM	STOX50	4497.4	4491	4483	4447	4539	4557	4570	4596	4525	Success
10:25:22PM	GERMANY	16624	16600	16573	16492	16698	16816	16845	16927	16718	‘cess
10:27:43PM	US500	4700.6	4691	4669	4633	4730	4777	4806	4844	4769
10:35:34PM	DOW	37106	37029	36968	36742	37223	37307	37359	37469	37200	‘cess
10:38:21PM	NASDAQ	16585.5	16554	16482	16354	16659	16665	16695	16742	16581	Success
10:43:05PM	JAPAN	33210	33073	32980	32878	33185	33428	33562	33724	33298	Shambles

 

20/12/2023 FTSE Closed at 7715 points. Change of 1.01%. Total value traded through LSE was: £ 5,802,090,818 a change of -19.89%

19/12/2023 FTSE Closed at 7638 points. Change of 0.32%. Total value traded through LSE was: £ 7,242,394,350 a change of 68.88%

18/12/2023 FTSE Closed at 7614 points. Change of 0.5%. Total value traded through LSE was: £ 4,288,360,200 a change of -64.11%

15/12/2023 FTSE Closed at 7576 points. Change of -0.94%. Total value traded through LSE was: £ 11,949,408,359 a change of 47.73%

14/12/2023 FTSE Closed at 7648 points. Change of 1.32%. Total value traded through LSE was: £ 8,088,595,771 a change of 41.45%

13/12/2023 FTSE Closed at 7548 points. Change of 0.08%. Total value traded through LSE was: £ 5,718,449,628 a change of 4.86%

12/12/2023 FTSE Closed at 7542 points. Change of -0.03%. Total value traded through LSE was: £ 5,453,180,069 a change of 16.03%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CASP Caspian** **LSE:CPI Capita** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Barclays, Barrett Devs, Caspian, Capita, EasyJet, Glencore Xstra, Intercontinental Hotels Group, Marks and Spencer, Ocado Plc, Oxford Instruments, Primary Health, Scottish Mortgage Investment Trust, Spirax, Taylor Wimpey,

LSE:BARC Barclays. Close Mid-Price: 151.64 Percentage Change: + 2.70% Day High: 152.36 Day Low: 148.9

Target met. All Barclays needs are mid-price trades ABOVE 152.36 to impro ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 563.4 Percentage Change: + 1.29% Day High: 582.2 Day Low: 557.6

Target met. Further movement against Barrett Devs ABOVE 582.2 should impr ……..

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LSE:CASP Caspian. Close Mid-Price: 2.75 Percentage Change: + 3.77% Day High: 2.75 Day Low: 2.6

Weakness on Caspian below 2.6 will invariably lead to 2.2p with secondary ……..

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LSE:CPI Capita Close Mid-Price: 21.92 Percentage Change: -0.09% Day High: 22.98 Day Low: 21.62

All Capita needs are mid-price trades ABOVE 22.98 to improve acceleration ……..

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LSE:EZJ EasyJet. Close Mid-Price: 508.2 Percentage Change: + 1.19% Day High: 513.2 Day Low: 506

Target met. Continued trades against EZJ with a mid-price ABOVE 513.2 sho ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 469.15 Percentage Change: + 0.29% Day High: 478 Day Low: 468.45

All Glencore Xstra needs are mid-price trades ABOVE 478 to improve accele ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7118 Percentage Change: + 0.31% Day High: 7182 Day Low: 7098

Further movement against Intercontinental Hotels Group ABOVE 7182 should ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 271.4 Percentage Change: + 2.61% Day High: 272.6 Day Low: 266.2

Further movement against Marks and Spencer ABOVE 272.6 should improve acc ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 789 Percentage Change: + 2.90% Day High: 798.6 Day Low: 771.4

Target met. Further movement against Ocado Plc ABOVE 798.6 should improve ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2370 Percentage Change: + 3.04% Day High: 2375 Day Low: 2300

All Oxford Instruments needs are mid-price trades ABOVE 2375 to improve a ……..

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LSE:PHP Primary Health. Close Mid-Price: 106.3 Percentage Change: + 4.22% Day High: 109 Day Low: 103

Further movement against Primary Health ABOVE 109 should improve accelera ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 794.6 Percentage Change: + 0.40% Day High: 805.4 Day Low: 793.6

Target met. In the event of Scottish Mortgage Investment Trust enjoying f ……..

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LSE:SPX Spirax. Close Mid-Price: 10475 Percentage Change: + 1.31% Day High: 10515 Day Low: 10365

Further movement against Spirax ABOVE 10515 should improve acceleration t ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 144.8 Percentage Change: + 0.49% Day High: 149.75 Day Low: 144.35

Target met. In the event of Taylor Wimpey enjoying further trades beyond ……..

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View Previous Taylor Wimpey & Big Picture ***

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

#FTSE #SP500 As we’re definitely at that time of the year, when the “they’ll never be as cheap again” crowd come out from under a rock. In behaviour, it’s similar to Michael Bublé emerging to try and sell whatever Christmas dirge he once again has on offer to augment his pension, vanishing and not heard of for another year. In common with Bublé, those folk launching their exciting predictions always fail to apologise for their last efforts. What prompts this was reading an optimistic article about Vodafone, one we wrote nearly two years ago!

While we’ve actually nothing to apologise for, the tone of the article implied optimism could be assigned, if only the share price closed above 140p, our secondary target level.  The share price reached our target, closing at 139.88p and magnanimously failed to close higher and trigger longer term gains, thus ensuring we didn’t have egg on our face.

 

Things are not looking great for Vodafone, something of a surprise for a share which has apparently been paying a healthy dividend. Quite the opposite of optimism is suggested, due to the threat of weakness below just 64.4p risking triggering a tumble down to an initial 49p with our secondary, if broken, down at an eventual 31p.

The share price needs a miracle above 103p to hopefully ring in changes, calculating with the potential of a lift to 127p with our longer term secondary, if exceeded, now working out at 147p. Alas, for now we’re about as happy as possible to be, when a Michael Bublé tune comes on the car radio. Why don’t Radio2 do the world a favour and simply pretend he doesn’t exist?  It’s surely a great pity Slade never produced a Xmas hit…

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:13:59PM	BRENT	7937
10:15:57PM	GOLD	2040.01									‘cess
10:17:58PM	FTSE	7648	7603	7586	7561	7640	7660	7671	7712	7626
10:21:03PM	STOX50	4539.3									‘cess
10:24:10PM	GERMANY	16760.7
10:28:21PM	US500	4765	4736	4729	4716	4750	4768	4821	4924	4694	Success
10:30:54PM	DOW	37541									‘cess
10:34:41PM	NASDAQ	16813.9									‘cess
10:38:41PM	JAPAN	33437

 

19/12/2023 FTSE Closed at 7638 points. Change of 0.32%. Total value traded through LSE was: £ 7,242,394,350 a change of 68.88%

18/12/2023 FTSE Closed at 7614 points. Change of 0.5%. Total value traded through LSE was: £ 4,288,360,200 a change of -64.11%

15/12/2023 FTSE Closed at 7576 points. Change of -0.94%. Total value traded through LSE was: £ 11,949,408,359 a change of 47.73%

14/12/2023 FTSE Closed at 7648 points. Change of 1.32%. Total value traded through LSE was: £ 8,088,595,771 a change of 41.45%

13/12/2023 FTSE Closed at 7548 points. Change of 0.08%. Total value traded through LSE was: £ 5,718,449,628 a change of 4.86%

12/12/2023 FTSE Closed at 7542 points. Change of -0.03%. Total value traded through LSE was: £ 5,453,180,069 a change of 16.03%

11/12/2023 FTSE Closed at 7544 points. Change of -0.13%. Total value traded through LSE was: £ 4,699,736,729 a change of -1.07%

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:ASC Asos** **LSE:EZJ EasyJet** **LSE:IHG Intercontinental Hotels Group** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **

********

Updated charts published on : Asos, EasyJet, Intercontinental Hotels Group, Ocado Plc, Oxford Instruments, Rockhopper, Spirax,

LSE:ASC Asos. Close Mid-Price: 425 Percentage Change: + 2.41% Day High: 445 Day Low: 403

Target met. Further movement against Asos ABOVE 445 should improve accele ……..

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LSE:EZJ EasyJet. Close Mid-Price: 502.2 Percentage Change: + 0.78% Day High: 507.6 Day Low: 494

In the event of EasyJet enjoying further trades beyond 507.6, the share s ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7096 Percentage Change: + 0.34% Day High: 7148 Day Low: 7088

Continued trades against IHG with a mid-price ABOVE 7148 should improve t ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 766.8 Percentage Change: + 5.33% Day High: 763.2 Day Low: 729.2

Target met. All Ocado Plc needs are mid-price trades ABOVE 763.2 to impro ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2300 Percentage Change: -0.22% Day High: 2340 Day Low: 2245

In the event of Oxford Instruments enjoying further trades beyond 2340, t ……..

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LSE:RKH Rockhopper. Close Mid-Price: 10.53 Percentage Change: + 2.18% Day High: 10.95 Day Low: 10

Continued weakness against RKH taking the price below 10 calculates as le ……..

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LSE:SPX Spirax. Close Mid-Price: 10340 Percentage Change: + 2.27% Day High: 10370 Day Low: 10130

Continued trades against SPX with a mid-price ABOVE 10370 should improve ……..

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

#gold #Nasdaq A chum who usually finds excuses to visit us here in Argyll anywhere from once a week to once a month, hasn’t been seen this year. On the phone the other day, he assured he hadn’t lost interest in golf, fishing, shooting, or hunting trees with the big chainsaws. It’s just that his business decided to “go crazy” from May onwards and the one thing he learned from the pandemic years was important. Making money – and keeping it –  matters a lot! His company specialise in pre-demolition surveys and over the years, we’ve noticed when he’s busy, the stock market usually does quite well. From a stock market perspective, this year has been an exception but there are certainly signs the construction industry is finally picking itself up, along with some fairly strong potentials showing in other previously stagnant sectors.

Obviously the hope 2024 shall bring some return to sanity with Interest Rates is a valid reason for some positive behaviour in the sector, especially due to serious doubt now being expressed by economists as to whether Interest Rates actually are a genuine tool to fight inflation. It’s certainly been an expensive experiment, if factoring in the damage inflicted on homeowners and many small business, as this lesson was taught quite firmly in the 1980’s.

Anyway, the good news from our chat on the phone is my chum and his wife are coming across for a week over New Year and also, he asked for an update on the outlook for Taylor Wimpey!

 

The last two months has been very positive for the builder, their share price finally breaking upward and currently fondling the downtrend since 2007. We suspect the price shall probably break upward as movement now above 146p should be capable of triggering movement to an initial 152p and some probable hesitation, if only due to selling pressure from folk who cannot believe their luck. The climb from 102p on October 23rd has been virtually relentless and despite the most recent three sessions pointing at interference due to the Blue downtrend, we’re not convinced it shall last. Above 153p now calculates with the potential of a pretty confident visit to 175p and a share price level where the visuals almost promise hesitation, due to the number of folk trapped since the highs of 2021 exerting selling pressure.

Should the upward break occur as expected, the price needs close a session below 142p to spoil all our positive calculations, forcing us back to the Ouija board.

There is a risk closing a session below Blue shall dump the share back in a zone where an eventual 107p calculates as possible but visually, we have doubts.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:15:28PM	BRENT	7826.3									‘cess
9:17:40PM	GOLD	2026.2	2012	2001	1985	2028	2038	2043	2052	2025
9:19:34PM	FTSE	7612.4
9:21:46PM	STOX50	4522.6									‘cess
9:24:19PM	GERMANY	16670									Success
9:32:18PM	US500	4738	4718	4708	4694	4736	4751	4757	4764	4721	‘cess
9:34:35PM	DOW	37283
9:36:43PM	NASDAQ	16714.8									‘cess
9:40:12PM	JAPAN	32770

 

18/12/2023 FTSE Closed at 7614 points. Change of 0.5%. Total value traded through LSE was: £ 4,288,360,200 a change of -64.11%

15/12/2023 FTSE Closed at 7576 points. Change of -0.94%. Total value traded through LSE was: £ 11,949,408,359 a change of 47.73%

14/12/2023 FTSE Closed at 7648 points. Change of 1.32%. Total value traded through LSE was: £ 8,088,595,771 a change of 41.45%

13/12/2023 FTSE Closed at 7548 points. Change of 0.08%. Total value traded through LSE was: £ 5,718,449,628 a change of 4.86%

12/12/2023 FTSE Closed at 7542 points. Change of -0.03%. Total value traded through LSE was: £ 5,453,180,069 a change of 16.03%

11/12/2023 FTSE Closed at 7544 points. Change of -0.13%. Total value traded through LSE was: £ 4,699,736,729 a change of -1.07%

8/12/2023 FTSE Closed at 7554 points. Change of 0.55%. Total value traded through LSE was: £ 4,750,603,507 a change of -16.53%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:CPI Capita** **LSE:ITRK Intertek** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Capita, Intertek, Rockhopper, Scottish Mortgage Investment Trust, Taylor Wimpey,

LSE:ASC Asos. Close Mid-Price: 415 Percentage Change: + 2.60% Day High: 420 Day Low: 397.9

Continued trades against ASC with a mid-price ABOVE 420 should improve th ……..

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LSE:CPI Capita. Close Mid-Price: 21.74 Percentage Change: + 1.40% Day High: 22.58 Day Low: 21.18

Target met. Further movement against Capita ABOVE 22.58 should improve ac ……..

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LSE:ITRK Intertek Close Mid-Price: 4068 Percentage Change: -0.51% Day High: 4090 Day Low: 4054

Below 3820 risks promoting reversal down to an initial 3540 with secondary ……..

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LSE:RKH Rockhopper Close Mid-Price: 10.3 Percentage Change: -2.60% Day High: 10.85 Day Low: 10.15

Weakness on Rockhopper below 10.15 will invariably lead to 9.5p with seco ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 784.8 Percentage Change: + 0.00% Day High: 800.4 Day Low: 782.6

Target met. Further movement against Scottish Mortgage Investment Trust A ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 143.45 Percentage Change: -0.10% Day High: 145.5 Day Low: 141.85

Further movement against Taylor Wimpey ABOVE 145.5 should improve acceler ……..

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

#DAX #Brent Barclays share price movements continue to prove incredibly frustrating. The price has recently performed in accordance with our expectations, effectively achieving our 152p target on Friday 15 December, effectively retreating in utter panic as if aware of ‘the danger’ if it actually exceeded our target level. After all, surely the world will end if a banking share starts to perform logically.

On the subject of logic, we can hope weakness continuing below 146 shall discover an excuse to rebound from 144.2p but, if we’re blunt, there are plenty of reasons to anticipate Barclays delivering some Xmas cheer to the marketplace. It’s a pity the price didn’t better our 152p target as the implication is of hidden weakness. Any reversal below 144.2 theoretically allows for a visit to 136p, a target level we’re not confident about due to the amount of work employed in forcing the price above Red on the chart. The chart inset shows the effort made during November and December to respect Red makes us suspect it unlikely there are any plans to plunge the share, anytime soon.

 

If our optimism is to be reflected by reality, above 152p should now trigger share price recovery to an initial 157p with secondary, if bettered, at 168p. The visuals currently indicate a risk of hesitation at the 157p, given the level of prior highs but should 168p be exceeded, a further 181p shall be viewed as exerting an influence for the longer term. Unfortunately, such an event would return the share price to the level at which it started 2023, broadcasting the painful fact the entire year has been an utter waste of time.

 

There was a fairly interesting article in the FT, seeking to answer questions as to why so many companies are fleeing the FTSE 100 for the safer climate of New York. The exodus is excepted to continue to 2024 and the reason isn’t difficult to spot. The S&P 500 for instance started this year at 3,800 points and is currently 4,700, a gain of 23%. Wall St started the year at 33,300 and is currently 37,300, gaining 12%. And the FTSE 100 started at 7,450 and is currently at 7,570, a gain of just 1.6%.

We shall doubtless take a closer interest in these numbers with an analysis including Europe too.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:02:28PM	BRENT	7698	7535	7483	6802	7726	7726	7899	7993	7542
10:05:24PM	GOLD	2019.41								2027
10:08:14PM	FTSE	7549.9								7567
10:10:56PM	STOX50	4535.8								4544
10:14:05PM	GERMANY	16720	16712	16698	16634	16760	16785	16796	16825	16712
10:16:24PM	US500	4715.1								4704
10:18:42PM	DOW	37276.5								37226
10:20:44PM	NASDAQ	16599.6								16546
10:23:39PM	JAPAN	32697								32781

 

15/12/2023 FTSE Closed at 7576 points. Change of -0.94%. Total value traded through LSE was: £ 11,949,408,359 a change of 47.73%

14/12/2023 FTSE Closed at 7648 points. Change of 1.32%. Total value traded through LSE was: £ 8,088,595,771 a change of 41.45%

13/12/2023 FTSE Closed at 7548 points. Change of 0.08%. Total value traded through LSE was: £ 5,718,449,628 a change of 4.86%

12/12/2023 FTSE Closed at 7542 points. Change of -0.03%. Total value traded through LSE was: £ 5,453,180,069 a change of 16.03%

11/12/2023 FTSE Closed at 7544 points. Change of -0.13%. Total value traded through LSE was: £ 4,699,736,729 a change of -1.07%

8/12/2023 FTSE Closed at 7554 points. Change of 0.55%. Total value traded through LSE was: £ 4,750,603,507 a change of -16.53%

7/12/2023 FTSE Closed at 7513 points. Change of -0.03%. Total value traded through LSE was: £ 5,691,416,870 a change of -34.9%

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:ASC Asos** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:IHG Intercontinental Hotels Group** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **LSE:TRN The Trainline** **

********

Updated charts published on : AFC Energy, Asos, Avacta, Barclays, Barrett Devs, Carnival, Capita, Intercontinental Hotels Group, Ocado Plc, Oxford Instruments, Scottish Mortgage Investment Trust, Spirent Comms, Spirax, The Trainline,

LSE:AFC AFC Energy. Close Mid-Price: 22 Percentage Change: + 4.51% Day High: 24 Day Low: 21.65

All AFC Energy needs are mid-price trades ABOVE 24 to improve acceleratio ……..

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LSE:ASC Asos. Close Mid-Price: 404.5 Percentage Change: + 0.85% Day High: 418 Day Low: 404.7

All Asos needs are mid-price trades ABOVE 418 to improve acceleration tow ……..

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LSE:AVCT Avacta Close Mid-Price: 110 Percentage Change: -6.94% Day High: 119 Day Low: 109.5

In the event Avacta experiences weakness below 109.5 it calculates with a ……..

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LSE:BARC Barclays Close Mid-Price: 146.64 Percentage Change: -2.24% Day High: 151.76 Day Low: 145.98

Target met. In the event of Barclays enjoying further trades beyond 151.7 ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 566 Percentage Change: + 0.75% Day High: 569.6 Day Low: 561

In the event of Barrett Devs enjoying further trades beyond 569.6, the sh ……..

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LSE:CCL Carnival Close Mid-Price: 1329.5 Percentage Change: -0.89% Day High: 1346.5 Day Low: 1321

All Carnival needs are mid-price trades ABOVE 1346.5 to improve accelerat ……..

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LSE:CPI Capita. Close Mid-Price: 21.44 Percentage Change: + 2.10% Day High: 21.66 Day Low: 20.7

In the event of Capita enjoying further trades beyond 21.66, the share sh ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 7074 Percentage Change: -0.03% Day High: 7124 Day Low: 7004

In the event of Intercontinental Hotels Group enjoying further trades bey ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 723 Percentage Change: + 0.61% Day High: 739.2 Day Low: 711.6

Continued trades against OCDO with a mid-price ABOVE 739.2 should improve ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2315 Percentage Change: + 1.31% Day High: 2315 Day Low: 2280

Target met. Continued trades against OXIG with a mid-price ABOVE 2315 sho ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 784.8 Percentage Change: + 1.13% Day High: 790.8 Day Low: 779.4

Target met. Continued trades against SMT with a mid-price ABOVE 790.8 sho ……..

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LSE:SPT Spirent Comms Close Mid-Price: 117.5 Percentage Change: -1.34% Day High: 123.8 Day Low: 116.4

Target met. Further movement against Spirent Comms ABOVE 123.8 should imp ……..

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LSE:SPX Spirax. Close Mid-Price: 10300 Percentage Change: + 2.64% Day High: 10305 Day Low: 10050

All Spirax needs are mid-price trades ABOVE 10305 to improve acceleration ……..

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LSE:TRN The Trainline. Close Mid-Price: 316.4 Percentage Change: + 11.33% Day High: 347.4 Day Low: 315

Target met. In the event of The Trainline enjoying further trades beyond ……..

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

#FTSE #Gold  In common, probably, with most households, my wife feels the need to supervise when “we” emplace Christmas lights at the front of our home. The back garden, however, is mine and I’m restricted to a long string of Led lights. This year, opting for something new, a bunch of nails were hammered into the big beech tree at the top of the garden, a thing about 60 feet tall with a trunk around 2 metres. The cunning plan was to create the outline of a traditional fir tree but when doing this job in daylight, it can be fairly difficult to be sure what the illuminated result shall be like.

We were sitting at dinner, when the timer clicked on. “What is that supposed to be?”, she asked. “Either a Christmas Tadpole (our grandchildren grow them to frogs every year) or perhaps a creative Christmas Sperm…” I replied. Apparently I’ve agreed to go up with step ladders and change the route of the lights. However, the results are shown below from a dodgy mobile phone snapshot.

 

 

Similar to my Christmas lights, the FTSE opted to spend Thursday exploring an entirely new route in life, barging through the 2023 downtrend as if it didn’t know it was there. The index even contrived to spend a couple of hours above the prior high from October, giving some hope the rise would prove genuine and stay around for a while. Alas, this wasn’t to be but by closing the day at 7644 points, it successfully exceeded the trend break point of 7620 and gives a degree of hope for the future. Our attitude with this sort of thing is pretty basic, unless a market price actually closes a session above a prior number, what we’re looking at isn’t an official “higher high” and thus, we’re forced to curb our enthusiasm.

Something is certainly bothering us about the retreat from the day highs as the FTSE reversed quite a bit further than our intraday calculations allowed. In theory, the market should have bounced from around 7625 points but instead, the FTSE chose to plummet to 7606 points. This carries a threat of implicit weakness, creating a scenario where below 7606 risks triggering reversal to an initial 7570 with secondary, if broken, at 7520 and hopefully a bottom.

If triggered, the tightest stop looks like 7650 points.

 

As always, there’s a strong chance we’re fooling ourselves by falling into the mindset of always expecting the worst from the FTSE 100.  This being the case, the index should only need exceed 7688 points to hopefully trigger a near term gain to an initial modest 7714 points. If bettered, our secondary calculates at 7762 points but importantly, in this instance there’s a very strong chance of a visit to a third level of 7801 points, a point where we anticipate some hesitation.

Have a good weekend.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:12:57PM	BRENT	7676	7547	7465		7707	7744	7765		7641	Success
9:22:12PM	GOLD	2035.71	2028	2021		2039	2048	2058		2028	Success
9:25:01PM	FTSE	7633.1	7608	7573		7657	7669	7687		7642	Success
9:36:48PM	STOX50	4533.7	4514	4488		4552	4556	4568		4536	Success
9:39:48PM	GERMANY	16714.5	16659	16604		16760	16814	16856		16740
9:43:45PM	US500	7633.3	4683	4668		4712	4737	4752		4714
9:48:22PM	DOW	37232	37046	36993		37226	37328	37882		37113	‘cess
9:51:02PM	NASDAQ	16526	16457	16415		16553	16670	16744		16574
9:53:23PM	JAPAN	32665	32513	32504		32698	32884	32969		32711	‘cess

 

14/12/2023 FTSE Closed at 7648 points. Change of 1.32%. Total value traded through LSE was: £ 8,088,595,771 a change of 41.45%

13/12/2023 FTSE Closed at 7548 points. Change of 0.08%. Total value traded through LSE was: £ 5,718,449,628 a change of 4.86%

12/12/2023 FTSE Closed at 7542 points. Change of -0.03%. Total value traded through LSE was: £ 5,453,180,069 a change of 16.03%

11/12/2023 FTSE Closed at 7544 points. Change of -0.13%. Total value traded through LSE was: £ 4,699,736,729 a change of -1.07%

8/12/2023 FTSE Closed at 7554 points. Change of 0.55%. Total value traded through LSE was: £ 4,750,603,507 a change of -16.53%

7/12/2023 FTSE Closed at 7513 points. Change of -0.03%. Total value traded through LSE was: £ 5,691,416,870 a change of -34.9%

6/12/2023 FTSE Closed at 7515 points. Change of 0.35%. Total value traded through LSE was: £ 8,742,933,283 a change of 113.36%

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:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPT Spirent Comms** **LSE:SRP Serco** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : AFC Energy, Asos, Aviva, Avacta, Barclays, Barrett Devs, Carnival, ECO (Atlantic) O & G, Experian, EasyJet, Fresnillo, Genel, International Distribution, IG Group, Intercontinental Hotels Group, Just Eat, Marks and Spencer, National Glib, Ocado Plc, Oxford Instruments, Sainsbury, Scottish Mortgage Investment Trust, Spirent Comms, Serco, Tesco, Taylor Wimpey,

LSE:AFC AFC Energy. Close Mid-Price: 21.05 Percentage Change: + 3.95% Day High: 22 Day Low: 20.25

In the event of AFC Energy enjoying further trades beyond 22, the share s ……..

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LSE:ASC Asos. Close Mid-Price: 401.1 Percentage Change: + 2.40% Day High: 414 Day Low: 396.5

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LSE:AV. Aviva. Close Mid-Price: 431.1 Percentage Change: + 0.02% Day High: 440.5 Day Low: 428.6

In the event of Aviva enjoying further trades beyond 440.5, the share sho ……..

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LSE:AVCT Avacta Close Mid-Price: 118.2 Percentage Change: -0.67% Day High: 121 Day Low: 111

Target met. Continued weakness against AVCT taking the price below 111 ca ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10468 Percentage Change: + 0.75% Day High: 10690 Day Low: 10376

Continued trades against AZN with a mid-price ABOVE 10690 should improve ……..

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LSE:BARC Barclays. Close Mid-Price: 150 Percentage Change: + 6.32% Day High: 150.6 Day Low: 143.58

Further movement against Barclays ABOVE 150.6 should improve acceleration ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 561.8 Percentage Change: + 3.58% Day High: 565 Day Low: 550.8

Target met. Continued trades against BDEV with a mid-price ABOVE 565 shou ……..

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LSE:CCL Carnival. Close Mid-Price: 1341.5 Percentage Change: + 5.05% Day High: 1342 Day Low: 1300

Target met. In the event of Carnival enjoying further trades beyond 1342, ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 9.35 Percentage Change: + 3.89% Day High: 9.35 Day Low: 9.05

If ECO (Atlantic) O & G experiences continued weakness below 9.05, it wil ……..

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LSE:EXPN Experian. Close Mid-Price: 3229 Percentage Change: + 2.87% Day High: 3241 Day Low: 3178

Continued trades against EXPN with a mid-price ABOVE 3241 should improve ……..

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LSE:EZJ EasyJet. Close Mid-Price: 502.6 Percentage Change: + 2.43% Day High: 507.4 Day Low: 497.3

Further movement against EasyJet ABOVE 507.4 should improve acceleration ……..

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LSE:FRES Fresnillo. Close Mid-Price: 591 Percentage Change: + 3.94% Day High: 611 Day Low: 588

Target met. In the event of Fresnillo enjoying further trades beyond 611, ……..

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LSE:GENL Genel. Close Mid-Price: 68.4 Percentage Change: + 5.39% Day High: 70.4 Day Low: 64.9

If Genel experiences continued weakness below 64.9, it will invariably le ……..

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LSE:IDS International Distribution. Close Mid-Price: 277.6 Percentage Change: + 3.27% Day High: 284.6 Day Low: 272.8

Target met. Continued trades against IDS with a mid-price ABOVE 284.6 sho ……..

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LSE:IGG IG Group Close Mid-Price: 747.5 Percentage Change: -0.13% Day High: 766.5 Day Low: 749

Continued trades against IGG with a mid-price ABOVE 766.5 should improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7076 Percentage Change: + 2.58% Day High: 7082 Day Low: 6970

All Intercontinental Hotels Group needs are mid-price trades ABOVE 7082 t ……..

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LSE:JET Just Eat. Close Mid-Price: 1339 Percentage Change: + 6.02% Day High: 1363 Day Low: 1308

Target met. All Just Eat needs are mid-price trades ABOVE 1363 to improve ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 265.3 Percentage Change: + 0.26% Day High: 268.3 Day Low: 264.1

All Marks and Spencer needs are mid-price trades ABOVE 268.3 to improve a ……..

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LSE:NG. National Glib. Close Mid-Price: 1079.5 Percentage Change: + 0.56% Day High: 1100 Day Low: 1079.5

Target met. Continued trades against NG. with a mid-price ABOVE 1100 shou ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 718.6 Percentage Change: + 11.62% Day High: 720 Day Low: 661.2

Target met. In the event of Ocado Plc enjoying further trades beyond 720, ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2285 Percentage Change: + 4.34% Day High: 2295 Day Low: 2220

Further movement against Oxford Instruments ABOVE 2295 should improve acc ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 300.3 Percentage Change: + 1.11% Day High: 304.7 Day Low: 299.4

Continued trades against SBRY with a mid-price ABOVE 304.7 should improve ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 776 Percentage Change: + 3.60% Day High: 779.4 Day Low: 765.4

Target met. All Scottish Mortgage Investment Trust needs are mid-price tr ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 119.1 Percentage Change: + 3.21% Day High: 120.3 Day Low: 116.9

Continued trades against SPT with a mid-price ABOVE 120.3 should improve ……..

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LSE:SRP Serco. Close Mid-Price: 162 Percentage Change: + 4.31% Day High: 164.2 Day Low: 157.8

In the event of Serco enjoying further trades beyond 164.2, the share sho ……..

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LSE:TSCO Tesco Close Mid-Price: 288.1 Percentage Change: -0.31% Day High: 293.5 Day Low: 287

Continued trades against TSCO with a mid-price ABOVE 293.5 should improve ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 142.4 Percentage Change: + 3.60% Day High: 144.65 Day Low: 140.2

Target met. Continued trades against TW. with a mid-price ABOVE 144.65 sh ……..

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