Our world famed FTSE for Friday.

#FreeFutures  It often feels like the FTSE’s preferred stance is to nosedive, often without any valid reason. The media are perfectly capable of reporting this behaviour as; “Markets slide due to Interest Rate fears”, and then follow up with “Markets slide due to unchanged Interest Rates!” All things considered, there’s a growing inclination to suspect the days weather provides a better indicator than anything based on actual facts.

Logically (or at least from our version of logic), there’s a pretty good argument favouring the FTSE showing a positive day on Friday. On Thursday, when the index dipped down to 7490 points, it attained something we generally call a logical bottom, a point from which a rebound should occur. During the session, the market teased this level multiple times, hopefully giving the impression there was a broad awareness that things could become quite messy, if 7490 points broke. Such a calamity risks a sharp fall of yet another 120 points.

Glancing for confirmation at a local weather report for our part of Scotland concurs, the rain should allegedly stop in just 16 minutes and the temperature for Friday is a balmy 6c. There’s even a chance the winds shall be light, so it’s a day to look forward to and as a result, hopefully the market agrees and exhibits some recovery.

 

To dwell on the miserable scenario briefly, the immediate situation suggests below 7490 points threatens reversal to 7440 points initially with our secondary, should such a level break, calculating at an eventual bottom of 7372 points. If this scenario triggers, the tightest stop looks like 7540 points and, as always, if the trigger occurs in the opening seconds of trade, don’t trust it. It’s still the case when a spike downward at the open often is the precursor for movements in an entirely different direction.

 

However, something felts very contrived about Thursdays reversals. As a result, we are leaning toward optimism as above 7540 points should apparently trigger market recovery toward 7577 points. Our longer term secondary ambition is very tenuous at 7643 points but we fear our initial target shall experience some market turbulence. Essentially, beyond 7577 produces quite a range of conflicting ambitions and this sort of thing tends be the precursor for some stutters in any recovery cycle.

 

On the even brighter side, we are looking forward to the US Grand Prix this weekend, the track in Texas often capable of producing some real races. 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
10:18:13PM BRENT 9210 8976 8912 9090 9232 9258 9206 ‘cess
10:20:59PM GOLD 1973.99 1938 1929 1957 1978 1987 1946 ‘cess
10:23:30PM FTSE 7474.9 7469 7436 7530 7542 7570 7487 Success
10:26:49PM STOX50 4056.4 4058 4044 4106 4102 4115 4080 ‘cess
10:29:38PM GERMANY 14938.6 14932 14851 15092 15103 15171 15013 Success
10:33:43PM US500 4270.3 4266 4230 4287 4312 4326 4292 ‘cess
10:38:03PM DOW 33395 33360 33242 33512 33511 33528 33400 ‘cess
10:42:08PM NASDAQ 14742.5 14730 14604 14912 14912 14970 14821 Success
10:45:16PM JAPAN 31260 31249 31210 31376 31560 31675 31417 ‘cess

 

19/10/2023 FTSE Closed at 7499 points. Change of -1.17%. Total value traded through LSE was: £ 4,748,869,334 a change of -10.32%
18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%
17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%
16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%
13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%
12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%

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:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:SPX Spirax** **

********

Updated charts published on : Barrett Devs, Carnival, Experian, EasyJet, Hargreaves Lansdown, British Airways, Oxford Instruments, Primary Health, Spirax,

LSE:BDEV Barrett Devs Close Mid-Price: 392.5 Percentage Change: -2.39% Day High: 401.4 Day Low: 392.7

Weakness on Barrett Devs below 392.7 will invariably lead to 389 followed ……..

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LSE:CCL Carnival Close Mid-Price: 850 Percentage Change: -2.92% Day High: 866 Day Low: 837.8

Target met. Continued weakness against CCL taking the price below 837.8 ca ……..

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LSE:EXPN Experian Close Mid-Price: 2638 Percentage Change: -2.15% Day High: 2664 Day Low: 2613

Continued weakness against EXPN taking the price below 2613 calculates as ……..

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LSE:EZJ EasyJet Close Mid-Price: 364.4 Percentage Change: -2.72% Day High: 372.9 Day Low: 362.3

Continued weakness against EZJ taking the price below 362.3 calculates as ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 692.2 Percentage Change: -6.05% Day High: 714.4 Day Low: 693.2

Target met. Weakness on Hargreaves Lansdown below 693.2 will invariably l ……..

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LSE:IAG British Airways. Close Mid-Price: 141.8 Percentage Change: + 0.21% Day High: 142.6 Day Low: 139.85

If British Airways experiences continued weakness below 139.85, it will ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1874 Percentage Change: -0.43% Day High: 1902 Day Low: 1804

Continued weakness against OXIG taking the price below 1804 calculates as ……..

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LSE:PHP Primary Health Close Mid-Price: 87.05 Percentage Change: -2.52% Day High: 89.5 Day Low: 87.05

In the event Primary Health experiences weakness below 87.05 it calculate ……..

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LSE:SPX Spirax. Close Mid-Price: 8384 Percentage Change: + 2.39% Day High: 8448 Day Low: 8132

Weakness on Spirax below 8132 will invariably lead to 8068 with secondary ……..

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

Diploma Plc and an optimistic tale

#Gold #WallSt  Someone emailed, asking our opinion on what they described as a powerful “ramp” in the Daily Telegraph, one which was promoting shares in Diploma Plc. As shown below, the headline in the newspaper didn’t hold back, breathlessly ascribing superb potentials to this FTSE component with a quite varied range of interests.

Perhaps we’re overly cautious when discussing share prices but the reality of life, prices which rarely move in a straight line, tends legislate in favour of taking a balanced approach, especially as our thing is presenting target prices. Currently, we’re inclined toward nerves with Diploma as the share price really doesn’t need try terribly hard to provoke some fairly slight reversals.

At time of writing, the share is trading around 2918p, needing only to slip below 2854p to enter a cycle where reversal down to an initial 2804p looks very possible. Should this level break, despite  the possibility of a short term bounce, our secondary calculates at a hopeful bottom of 2623p, an ambition which is almost verified by the presence of the Red uptrend since the Pandemic inspired low of 2020. At this point, things do become a little interesting as should our secondary of 2623p indeed provoke a bounce, the Big Picture claims it’s entirely possible for the share to enter a cycle toward a future 3313p, along with a challenge against the Blue downtrend from 2021.

Above such a price level, we can currently calculate a future 3705p as a valid Big Picture target for some time in the future!

 

What’s a bit of a surprise with the foregoing is the degree of visual sense all these target numbers make. It’s almost too simple to present this scenario, arguing in favour of a price reduction prior to some upward acceleration in the future, doubtless culminating in a new all time high. Perhaps the person at the Torygraph who produced the optimistic article is actually on to something valid but given the share prices immediate picture, we’d caution about rushing out to buy any immediately as the visuals imply near term reversals are perfectly possible.

Currently the share price needs exceed 3053p before we’d willingly concede it’s starting a cycle of gains.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:30:15PM BRENT 9029.6 Success
9:33:34PM GOLD 1949.09 1934 1927 1915 1943 1963 1972 1995 1944 Success
9:36:03PM FTSE 7577
9:45:28PM STOX50 4092.4 ‘cess
9:48:47PM GERMANY 15052.4 ‘cess
9:54:15PM US500 4319.9 ‘cess
9:57:10PM DOW 33686 33596 33471 33244 33816 33910 34020 34162 33750 Success
10:00:04PM NASDAQ 14944 Success
10:02:53PM JAPAN 31647 ‘cess

 

18/10/2023 FTSE Closed at 7588 points. Change of -1.13%. Total value traded through LSE was: £ 5,295,187,819 a change of -4.89%
17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%
16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%
13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%
12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%
10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%

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:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:IAG British Airways** **LSE:JET Just Eat** **LSE:SPX Spirax** **

********

Updated charts published on : Barrett Devs, BP PLC, Carnival, ECO (Atlantic) O & G, EasyJet, British Airways, Just Eat, Spirax,

LSE:BDEV Barrett Devs Close Mid-Price: 402.1 Percentage Change: -5.14% Day High: 422 Day Low: 400.3

Continued weakness against BDEV taking the price below 400.3 calculates a ……..

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LSE:BP. BP PLC. Close Mid-Price: 558 Percentage Change: + 0.54% Day High: 562.2 Day Low: 554.7

Target met. Further movement against BP PLC ABOVE 562.2 should improve ac ……..

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LSE:CCL Carnival Close Mid-Price: 875.6 Percentage Change: -4.49% Day High: 916.2 Day Low: 873.8

Weakness on Carnival below 873.8 will invariably lead to 854p with second ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 10 Percentage Change: + 4.17% Day High: 10.38 Day Low: 9.16

In the event ECO (Atlantic) O & G experiences weakness below 9.16 it calc ……..

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LSE:EZJ EasyJet Close Mid-Price: 374.6 Percentage Change: -4.10% Day High: 390.6 Day Low: 368.2

Target met. Weakness on EasyJet below 368.2 will invariably lead to 360p ……..

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LSE:IAG British Airways Close Mid-Price: 141.5 Percentage Change: -3.08% Day High: 144.8 Day Low: 140.9

Continued weakness against IAG taking the price below 140.9 calculates as ……..

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LSE:JET Just Eat Close Mid-Price: 1008 Percentage Change: -2.98% Day High: 1128 Day Low: 1008

Further movement against Just Eat ABOVE 1128 should improve acceleration ……..

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LSE:SPX Spirax Close Mid-Price: 8188 Percentage Change: -2.50% Day High: 8368 Day Low: 8176

Target met. If Spirax experiences continued weakness below 8176, it will ……..

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

Glencore (LSE:GLEN) breaking free from its trap?

#FTSE #Stoxx50  Sometimes, when a share price crashes, it can present an opportunity. But only so long as it bounces sometime in the future!  Glencore has proven frustrating this year, their share price oscillating up and down in a window between 4 and 5 quid. Obviously, a very profitable trap in which to find itself but one which worries us as the price had been supposed to be heading in the direction of a future 690p eventually. Instead, it’s showing similar indecisiveness as my wife reading the dessert menu in a restaurant.

 

Our constant fear with shares is the often truism, “if it ain’t goin’ up, it’s goin’ down!” and as 2023 draws to a conclusion, we’re indeed starting to harbour such a suspicion. The immediate problem faced by Glencore is the pretty Red uptrend since 2020, one which the share price has been respecting but it’s now the case the price need only drop below 420p to give the first signal for imminent trauma.

Below 420 calculates with the potential of a reversal to an initial 369p, probably followed by a short term rebound but our secondary, if 369p breaks, works out at 309p. Achieving 309p should, visually, promote a proper bounce, given the presence of the Blue downtrend which dates back 12 years. For this reason alone, if a calamity strikes and Glencore share price blots its copybook, a bunch of folk with their own Blue crayon are certain to decide such a target level is imbued with surprise trampoline tendencies. While there is no immediate suggestion Glencore faces calamity, it’s doubtless worthwhile to take note of such a potential bottom as who knows when a corporate shall embrace the opportunity to disgrace itself.

 

Our other worry is a little more sophisticated as we entered 2023 with economists assuring the world to anticipate recession behaviour across North American and European markets, something we found irritating as it was completely at odds with how the markets were behaving. Now, perhaps due to the immediate threat of having to do Xmas shopping, some nerves are intruding and basically, whether it’s the price of Crude Oil, Gold, Copper or whatever, only a little nudge is required to knock things off kilter.

For Glencore, the share price doesn’t need hard work to redeem itself as now above 478p calculates with the potential of a lift to 499p. In the event such a level is exceeded, our secondary works out at 535p and will represent a solid breakout from the boring tradition of 2023, giving serious hope for the longer term.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:26:15PM BRENT 8940.4
9:28:20PM GOLD 1922 ‘cess
9:31:12PM FTSE 7672.3 7618 7580 7539 7654 7689 7706 7724 7640 ‘cess
9:34:31PM STOX50 4150.6 4110 4089 4062 4140 4169 4186 4211 4143 Shambles
9:40:12PM GERMANY 15248.2
9:46:19PM US500 4371.9
9:48:39PM DOW 33985 ‘cess
9:50:46PM NASDAQ 15123.8
9:53:06PM JAPAN 32122 ‘cess

 

17/10/2023 FTSE Closed at 7675 points. Change of 0.59%. Total value traded through LSE was: £ 5,567,251,444 a change of 41.75%
16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%
13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%
12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%
10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%

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:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:ECO ECO (Atlantic) O & G** **LSE:OCDO Ocado Plc** **LSE:SPX Spirax** **

********

Updated charts published on : Barrett Devs, BP PLC, ECO (Atlantic) O & G, Ocado Plc, Spirax,

LSE:BDEV Barrett Devs. Close Mid-Price: 423.9 Percentage Change: + 2.12% Day High: 424.6 Day Low: 408.6

This looks doomed to experience some reversals as below 408 indicates the ……..

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LSE:BP. BP PLC. Close Mid-Price: 555 Percentage Change: + 1.09% Day High: 558.2 Day Low: 548.6

All BP PLC needs are mid-price trades ABOVE 558.2 to improve acceleration ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 9.6 Percentage Change: -6.34% Day High: 10.25 Day Low: 9.75

Continued weakness against ECO taking the price below 9.75 calculates as ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 505.8 Percentage Change: + 1.16% Day High: 514.8 Day Low: 491.7

In the event Ocado Plc experiences weakness below 491.7 it calculates wit ……..

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LSE:SPX Spirax Close Mid-Price: 8398 Percentage Change: -0.83% Day High: 8498 Day Low: 8280

In the event Spirax experiences weakness below 8280 it calculates with a ……..

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

Avacta Group and interesting price movements

#Gold #SP500  We’ve had a few emails asking for our take on Avacta and given recent share price fun and games, it’s not difficult to understand why. It’s often the case a quick glance at a chart will reveal if a share is experiencing “enhanced expectations” via the medium of internet discussion forums and for AVCT, it’s got chatroom gossip written all over it! Personally, it has proven difficult to ascertain if internet ramping/deramping is a necessary part of a shares life cycle. It’s certainly useful for brokers as anything increasing the vibrancy of share trading keeps them happy, no caring if it’s a buy or a sell as they receive commission anyway. But, to be cruel, if we pause and think about Gulf Keystone, the number of “true believers” active on the internet doubtless contributed to the massive number of folk suckered in prior to 2017, believing chatroom gossip the share price would never be as cheap again.

There’s a big rule. There is no such thing as a cheap share…

People will be trapped in Gulf Keystone above 40,000p, due to the 100:1 share split at the end of 2016. As it’s currently around 124p, patience is probably never going to be a viable strategy.

 

For Avacta, there was an immediate hope, the share price experiencing what looked like a solid upward surge when it recently exceeded 150p. This period of enthusiasm lasted until 166p, when it appears the market had second thoughts, promptly driving the share price once again below the Blue downtrend. This sort of thing is rarely a vote of confidence for the future, often quite the converse. Of course, the reversal could all be a dreadful mistake but the share now needs above Blue at 150 to tick the first box for any surprise recovery. Instead, we fear the worst.

Now below 134.5p calculates with the potential of a short trip down to 130p, a share price level where a bounce will make quite a bit of sense. In the event the 130p level breaks, our longer term secondary is arithmetically annoying, down at 109p and effectively delaying the prospect of any future share price recovery until such time the healthcare group start issuing a stream of positive news flow.

Surely, at some point one of these scientific genius will invent something to combat the phenomena of collapsed blood vessels, due to chemotherapy. One of the more unpleasant aspects, following chemo, is the need for ongoing blood tests and the fun of a nurse digging around to find a vein becomes tiresome after a while. While writing this, I’ve 4 sticking plasters on my right arm, due to blood veins playing hide and seek with my GP’s nurse today with thankfully just a single plaster on my left arm. After 11 years of treatment, any sane person would think I’d remember to wrap my arm warmly prior to visiting for a blood test as this makes finding veins easier but somehow, I always forget.

 

While we’re inclined to hope for a bounce from the 130p level, thanks to the visual impression of chatroom damage, realistically the share price now needs exceed 167p to enter a cycle where a visit to 189p is expected, along with probable hesitation due to historical price activity. Should 189p be exceeded, we can calculate the potential of a future attraction coming from 249p and a price level where we shall need look hard at the tea leaves again.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:41:39PM BRENT 8920.9 ‘cess
9:44:06PM GOLD 1919.51 1906 1895 1882 1924 1924 1928 1944 1914
9:46:24PM FTSE 7644
9:49:43PM STOX50 4157.2
9:52:48PM GERMANY 15257.7
9:54:40PM US500 4375.3 4325 4306 4280 4347 4384 4403 4434 4355
9:56:52PM DOW 34008.5 ‘cess
9:59:38PM NASDAQ 15179.1 Success
10:01:54PM JAPAN 31982

 

16/10/2023 FTSE Closed at 7630 points. Change of 0.41%. Total value traded through LSE was: £ 3,927,547,887 a change of -11.37%
13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%
12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%
10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%

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:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:IAG British Airways** **LSE:ITV ITV** **LSE:OCDO Ocado Plc** **LSE:SPX Spirax** **

********

Updated charts published on : Carnival, ECO (Atlantic) O & G, EasyJet, British Airways, ITV, Ocado Plc, Spirax,

LSE:CCL Carnival. Close Mid-Price: 907 Percentage Change: + 0.96% Day High: 920.2 Day Low: 887

If Carnival experiences continued weakness below 887, it will invariably ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10.25 Percentage Change: -0.49% Day High: 10.38 Day Low: 10.25

If ECO (Atlantic) O & G experiences continued weakness below 10.25, it wi ……..

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LSE:EZJ EasyJet. Close Mid-Price: 391.8 Percentage Change: + 0.15% Day High: 398.6 Day Low: 383.1

If EasyJet experiences continued weakness below 383.1, it will invariably ……..

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LSE:IAG British Airways. Close Mid-Price: 145.3 Percentage Change: + 0.83% Day High: 146.05 Day Low: 142.1

This is getting dodgy as below 142 suggests a coming descent to an initial ……..

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LSE:ITV ITV. Close Mid-Price: 67.12 Percentage Change: + 3.20% Day High: 67.24 Day Low: 63.92

Continued weakness against ITV taking the price below 63.92 calculates as ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 500 Percentage Change: -5.80% Day High: 519.6 Day Low: 500.2

If Ocado Plc experiences continued weakness below 500.2, it will invariab ……..

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LSE:SPX Spirax Close Mid-Price: 8468 Percentage Change: -0.12% Day High: 8550 Day Low: 8414

Target met. Continued weakness against SPX taking the price below 8414 ca ……..

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

Barclays Plc. (LSE:BARC) and a day in the sun.

#BrentFutures #Dax  Here in Argyll, we’re starting to lose our sense of humour with the weather. In the space of a few hours, our entire usual ration of rain for the month caused flooding, landslides, and roads washed out. The miserable weather continued and the temperature dropped, culminating with the first snows of the season. Thankfully, the snow didn’t survive long enough to dust the mountains but it was a sharp reminded how quickly the temperature can switch. The next imminent gift will come with clocks changing, creating the misery of around 17 hours of inconvenient darkness, much worse the further north one goes.

As the saying goes, there’s no such thing as “the wrong weather, only the wrong clothes. It has certainly been a year when choosing the right attire has been challenging, to say the least. A family member, currently in the Middle East, even said she was glad she wasn’t coming home and would miss the winter entirely. And she’s quite literally in a war zone!

 

Barclays share price movements managed to bring all the misery to the foreground. They’re due to issue an earnings report on 24th October before the markets open and it makes us wonder if we’ve noticed something important. When we reviewed the share three weeks ago, we mentioned our fear the share price faced a “protracted walk down the Blue trend” as the price was failing to enact anything interesting, despite breaking the downtrend in September.

Our fears appear to be realised, the share price showing considerable respect for the trend line and making us wonder if this agony is intended to continue until the day of the earnings report. Should this be the case, the immediate situation calculates with the potential of weakness below 150.5 allowing for reversal to an initial 146.5 with secondary, if broken, at 143.6p and a price level by which it really should bounce. A nice positive earnings report would certainly provide sufficient excuse for the market to allow Barclays a day in the sun.

If we pretend confidence in our scenario, it’s easy to imagine a situation where the market continues to drag Barclays down the trend line like a husband trapped into going shoe shopping with his wife. And suddenly, by 24th October confidence suddenly returns when it’s revealed no-one at Barclays is in communication with Jeffrey Epstein by Ouija board and the market has started a process of forgiving them. As a result, it is easy to calculate an initial bounce target of 169p, an important price level as it would cheerfully take the share price above the glass ceiling which has formed in the lower 160’s.

This should create a situation where some real, longer term recovery becomes a viable ambition with our secondary target of 185p making a lot of visual sense. Hopefully when we revisit the company is three weeks time, we can take a more cheery outlook.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:44:48PM BRENT 9013.2 8777 8684 8572 8880 9020 9040 9204 8958
10:47:07PM GOLD 1932.07 1927
10:48:43PM FTSE 7608.8 7630
8:26:19PM STOX50 4124.8 4151
8:28:16PM GERMANY 15149.4 15130 15092 14930 15218 15391 15431 15532 15332
8:56:21PM US500 4321.1 4352
8:58:19PM DOW 33626.5 33698
9:16:57PM NASDAQ 14982 14994
9:19:50PM JAPAN 31883 32053

 

13/10/2023 FTSE Closed at 7599 points. Change of -0.59%. Total value traded through LSE was: £ 4,431,270,860 a change of -9.59%
12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%
10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%

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:BLVN Bowleven** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:ITV ITV** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **

********

Updated charts published on : Bowleven, EasyJet, Foxtons, ITV, Ocado Plc, Oxford Instruments, Rockhopper, Spirax,

LSE:BLVN Bowleven. Close Mid-Price: 0.7 Percentage Change: + 0.00% Day High: 0.7 Day Low: 0.5

Weakness on Bowleven below 0.5 will invariably lead to 0.47 with secondar ……..

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LSE:EZJ EasyJet Close Mid-Price: 391.2 Percentage Change: -3.72% Day High: 413.4 Day Low: 386.5

Target met. In the event EasyJet experiences weakness below 386.5 it calc ……..

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LSE:FOXT Foxtons Close Mid-Price: 35.95 Percentage Change: -1.78% Day High: 36.5 Day Low: 35

If Foxtons experiences continued weakness below 35, it will invariably le ……..

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LSE:ITV ITV Close Mid-Price: 65.04 Percentage Change: -3.73% Day High: 68.04 Day Low: 64.88

Target met. Weakness on ITV below 64.88 will invariably lead to 63p with ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 530.8 Percentage Change: -7.24% Day High: 567 Day Low: 529.4

Continued weakness against OCDO taking the price below 529.4 calculates a ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 1920 Percentage Change: + 2.02% Day High: 1930 Day Low: 1864

Weakness on Oxford Instruments below 1864 will invariably lead to 1783p w ……..

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LSE:RKH Rockhopper. Close Mid-Price: 13.5 Percentage Change: + 3.85% Day High: 13.95 Day Low: 13.95

All Rockhopper needs are mid-price trades ABOVE 13.95 to improve accelera ……..

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LSE:SPX Spirax Close Mid-Price: 8478 Percentage Change: -4.68% Day High: 8800 Day Low: 8464

Target met. Weakness on Spirax below 8464 will invariably lead to 8440p w ……..

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

FTSE for FRIDAY and the AIM too. (FTSE:UKX & FTSE:AXX) Is the AIM doing a Frasier Crane?

#FTSE #GOLD  It’s funny how the more things change, the more they stay the same. With Frasier once again showing on TV, it was a pleasure to revisit the often very contrived sitcom, easy enjoyment without the danger of needing to engage brain. Of course, as the star Kelsey Grammar wrote the originals, there was never going to be the danger of breaking in a whole new set of “woke” scriptwriters. Pity about the lack of the dog or the father but both were necessary concessions to a 20 year hiatus!

Similarly, the UK’s AIM market appears to be re-releasing itself, just like Frasier, only with ‘the joke’ being on traders.

For a while since 2017, the AIM was cheerfully placing the FTSE firmly in its place, regularly leaving the principal market standing while the lesser market only did things the naive once believed possible. And then Covid-19 hit in 2020 but by August of that year, the AIM was once again making the FTSE look weak and outperforming it on a daily basis. Unfortunately, just over a year ago, it was as if the markets realised they’d messed up a bit with the AIM experiencing a bit of an illogical blip. While visually this behaviour echoed what was happening on the principal market, a seemingly never ending stream of bad behaviour by the AIM has dumped the index into a precarious position.

Currently below 686 on the AIM calculates with the potential of reversal to an initial 572 points, matching the low of the day Covid-19 got real across the world markets. Our secondary, if such a level breaks, works out at a less likely 436, the AIM visually playing chicken with the nasty low experienced during the 2009 market failure. Given the behaviour of the index since 2022, we shall not be surprised to see the AIM bottom at 572, hopefully achieved before the end of this year to promote a reasonable recovery bounce.

For now, the AIM needs exceed 840 points, just to give real hope for the future.

As for our FTSE for FRIDAY, we’re hopeful for some positive near term performance. Apparently, above 7697 works out with the potential of a lift to a miserable 7707 points, not exactly the sort of lift guaranteed to make anyone interested. Things do become quite interesting should 7707 be exceeded as we’re able to present a lift to 7813 as a secondary influence. If triggered, the tightest stop loss works out at 7618 points, awfully wide until one factors in our secondary ambition. We are, obviously, nervous about factoring in such a thing for a single session as the UK market generally isn’t in the game of gifting two 100+ point sessions in a single week.

 

Should things intend go pear shaped, below 7597 looks troubling as it risks triggering near term reversal down to an initial 7568 points. If broken, our secondary works out at 7529 points along with a strong hint of a rebound.

Our hope is that the FTSE shall experience a day of some gains, just to cheer everyone up prior to the freezing weather being forecast for this weekend.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:03:15PM BRENT 8559.3 8444 8353 8659 8689 8749 8582
10:06:49PM GOLD 1868.46 1868 1865 1876 1887 1904 1868 ‘cess
10:09:21PM FTSE 7634 7603 7576 7648 7690 7729 7634 ‘cess
10:11:30PM STOX50 4181.5 4169 4146 4190 4236 4246 4211 ‘cess
10:14:44PM GERMANY 15379.4 15344 15272 15425 15578 15663 15493 ‘cess
10:17:25PM US500 4349.7 4324 4303 4356 4400 4430 4367 Shambles
10:20:20PM DOW 33623 33448 33433 33607 33982 34117 33850 Shambles
10:22:48PM NASDAQ 15192.3 15086 15052 15206 15340 15595 15233 Success
10:25:11PM JAPAN 32270 32098 32070 32238 32495 32592 32335 ‘cess

 

12/10/2023 FTSE Closed at 7644 points. Change of 0.31%. Total value traded through LSE was: £ 4,901,572,931 a change of 12.56%
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%
10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:EZJ EasyJet** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SPT Spirent Comms** **

********

Updated charts published on : Avacta, EasyJet, Just Eat, Ocado Plc, Oxford Instruments, Rolls Royce, Spirent Comms,

LSE:AVCT Avacta. Close Mid-Price: 159.6 Percentage Change: + 3.64% Day High: 166.5 Day Low: 154.5

All Avacta needs are mid-price trades ABOVE 166.5 to improve acceleration ……..

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LSE:EZJ EasyJet Close Mid-Price: 406.3 Percentage Change: -6.98% Day High: 436.9 Day Low: 401.5

Target met. Continued weakness against EZJ taking the price below 401 cal ……..

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LSE:JET Just Eat. Close Mid-Price: 1070 Percentage Change: + 0.28% Day High: 1113 Day Low: 1070

Continued trades against JET with a mid-price ABOVE 1113 should improve t ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 572.2 Percentage Change: -2.62% Day High: 595.4 Day Low: 569.2

This is looking like it’s in an endgame as below 562 now indicates coming ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1882 Percentage Change: -7.97% Day High: 2030 Day Low: 1880

Target met. If Oxford Instruments experiences continued weakness below 18 ……..

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LSE:RR. Rolls Royce Close Mid-Price: 211.8 Percentage Change: -0.61% Day High: 214.9 Day Low: 210.6

All Rolls Royce needs are mid-price trades ABOVE 220 to improve accelerati ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 97.25 Percentage Change: + 1.67% Day High: 98.95 Day Low: 94.75

All Spirent Comms needs are mid-price trades ABOVE 98.95 to improve accel ……..

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

Currys Plc (LSE:CURY) ready to fly?

#US500_Futures #NK225  A ‘spirited discussion’ today dwelt on my recent efforts making cider. Apparently, this is the ‘Rock Tumbler’ all over again, a previous project where I designed and built a machine to polish rocks, making plenty of these impressive ornaments until I finally questioned why? No one ever woke up with a longing for an egg shaped rock and my shed was starting to become rather overwhelmed with containers. So I ditched them in the garden stream, giving the water something nice to flow over on its way to the sea.

My efforts in making cider are nothing like this, not least because I don’t store the finished product in my empty shed. Instead, roughly 30 litres line a particular kitchen shelf with the rest taking pride of place in the guest bedroom, an over-engineered shelf coping with the weight of around 40 two litre bottles of “juice”.

My current wife’s issue makes a degree of sense as I don’t drink cider.

Instead, I’ve been taking time attempting to ferment a mixture which is enjoyable to my palate. Currently, blueberry flavoured apple cider is in the lead, especially with a dash of lemonade, but there’s a lot of work to do yet. The product tastes quite differently, once fermentation is complete and it has sat for a few weeks or months. Needless to say, copious notes need kept, especially relating to the supplier and type of yeast employed for each brew.

Our conversation ended abruptly, when I attempted a joke, generally a bad mistake in our house.

Saying masterfully, “You attempt to cook every night and you don’t hear me complain?” could possibly have been taken the wrong way. She is a proper chef, can even use proper chef words, and really doesn’t like anything funny said, even with genuinely humorous disasters. About the only clever thing was not having the discussion until we were sitting at the dinner table, thus avoiding the need to phone for a takeaway.

 

And this takes us to Currys Plc, yet another share which had an exciting past and one where it makes sense to be nervous in case saying the wrong thing. Surely we cannot be far from the days, when these big box white goods stores start selling electric cars? (Oh, for the Tannoy announcement; cleanup at Luton Airport car park…)

Something, perhaps key, has happened with Currys share price as the market opted to gap it up on Tuesday. We’re always a little curious as to the reason for these movements as generally, it makes sense to ask “Just what did you jump over?”

In the case of Currys, there’s a Blue downtrend which dates back to 2015. Or perhaps Monday of last week (see insert) but logically, we suspect 2015 as this makes a lot of visual sense. We’ve had a weather eye on the share price, due to our Big Picture calculating with a logical bottom around 42p and maybe recent dip to 45p was perhaps deemed “close enough” by the market to suggest it was nearly time for a reasonable bounce.

Currently trading around 47.7p, the price needs exceed 50.5 to ideally trigger share price recovery to an initial 54p with secondary, if bettered, at 66p and a price level where we shall revisit the share. The visuals suggest some hesitation is probable around the 66p level, simply because we cannot currently work out anything higher without the share price experiencing some volatility. Of course, the market could easily opt to gap the price upward again, throwing everything into confusion.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:44:30PM BRENT 8484 ‘cess
9:47:32PM GOLD 1873.54 ‘cess
9:50:18PM FTSE 7633.7
9:56:48PM STOX50 4212.6 ‘cess
9:59:53PM GERMANY 15502.1
10:04:23PM US500 4385.9 4344 4333 4315 4364 4386 4401 4420 4355
10:07:20PM DOW 33855.5
10:10:33PM NASDAQ 15273
10:13:20PM JAPAN 32015 31774 31653 31506 31975 32094 32304 32977 31898
11/10/2023 FTSE Closed at 7620 points. Change of -0.1%. Total value traded through LSE was: £ 4,354,502,993 a change of -19.19%
10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:ECO ECO (Atlantic) O & G** **LSE:JET Just Eat** **LSE:SPX Spirax** **LSE:STAR Star Energy** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Avacta, ECO (Atlantic) O & G, Just Eat, Spirax, Star Energy, Taylor Wimpey,

LSE:AVCT Avacta. Close Mid-Price: 154 Percentage Change: + 1.99% Day High: 164.5 Day Low: 149

Target met. In the event of Avacta enjoying further trades beyond 164.5, ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10.38 Percentage Change: -3.49% Day High: 10.75 Day Low: 10.38

Target met. Weakness on ECO (Atlantic) O & G below 10.38 will invariably ……..

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LSE:JET Just Eat. Close Mid-Price: 1067 Percentage Change: + 2.20% Day High: 1081 Day Low: 1052

All Just Eat needs are mid-price trades ABOVE 1081 to improve acceleratio ……..

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LSE:SPX Spirax. Close Mid-Price: 8940 Percentage Change: + 0.59% Day High: 9022 Day Low: 8790

If Spirax experiences continued weakness below 8790, it will invariably l ……..

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LSE:STAR Star Energy. Close Mid-Price: 11.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Above just 12.5 should now allow for movement to an initial 14.2 with seco ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 116.75 Percentage Change: -0.43% Day High: 117.7 Day Low: 115

Even above 127 should now be sufficient to give hope, allowing for recover ……..

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