Our FTSE for Friday and some Bitcoin misery.

#Free_Futures #Bitcoin

Thursday was a day with numbers everywhere. From a personal perspective, the only ones which mattered were the results of some blood tests. For a year, I’ve been enjoying low dosage chemotherapy daily, designed to keep my non-fatal-if-treated leukaemia under control. Today, we reviewed the entire year. While ‘flatline’ usually has some negative connotations from a medical stance, in my own case the various nasty blood indicators have remained flat and boring for 12 months.

It’s all quite exciting, not cured but under control and no longer braced for a surprise bout of aggressive chemo, along with the usual unpleasantness. Instead, I get to continue daily chemotherapy pills dealing with the illness quite unobtrusively. About the only bad thing; damage caused by aggressive chemotherapy a couple of years ago remains, unlikely to repair itself, and my immune system will always be weak. All in all, it was a good news day, now only needing visit the hospital every 3 months rather than monthly.

 

In the hospital waiting room, watching the FTSE slither off a cliff on my tablet at 3pm was frustrating, a clear sign something perceived as bad was happening. The Dow Jones also reacted negatively, while the S&P and the Nasdaq somehow or other discovered some strength. It was one of these occasions which invented the need for multiple monitors, a 14 inch table screen utterly failing to provide sufficient information on real time chaos.

With the markets now closed, along with the luxury of time to think, we’re not happy at the level the FTSE closed the day at. The immediate situation suggests weakness below 7240 risks ongoing reversal to an initial 7210 points. If broken, our secondary calculates at 7147 points. If triggered, the tightest stop looks like 7282 points. As usual, we advocate caution if the movement triggers in the opening seconds of Friday as it’s liable to prove “fake”. To judge by the chart, should our initial drop target of 7210 make an appearance, the index should bounce a bit.

On the basis such a spike down movement occurs, it was prove interesting if any subsequent bounce manages above 7263 points as continued traffic in the direction of a fairly limp 7278 points. If bettered, our secondary calculates at 7303 points.

Bitcoin (COIN:BTCUSD) With some surprise volatility, Bitcoin has managed to launch itself into fairly dangerous territory. The price remains absurd, of course, but there appears some reversal around the corner. Weakness next below $56,600 calculates with a drop potential at an initial 52,953 dollars. If broken, our secondary works out at 47,291, a level at which we’re not convinced to expect a rebound. Instead, if this secondary target level breaks, there’s a strong argument favouring an eventual bounce down at 38,909 dollars. Or so!

An important caveat with Bitcoin is worth remembering. Unless the crypto currency manages to actually close a session below our secondary target level, it remains trading in a region where we’re supposed to regard a long term 76,881 as a strong ambition, a level at which some volatility can be anticipated. Given past behaviour, along with surprising underlying strength, we shall not be surprised if it goes down a bit, only to recover and once again paint a new high.

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FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:45:40PM BRENT 80.5 79.5 78.8 80.8 80.75 81.435 79.52
9:47:17PM GOLD 1861.04 1855 1850 1867 1867 1872 1857
9:48:53PM FTSE 7267.98 7253 7238 7278 7284 7297 7254 ‘cess
9:50:56PM FRANCE 7147.5 7139 7130 7161 7181 7191 7151 ‘cess
9:52:40PM GERMANY 16254.49 16191 16168 16255 16291 16309 16221 ‘cess
10:00:17PM US500 4710.32 4671 4660 4705 4711 4719 4683 ‘cess
10:02:34PM DOW 35884 35820 35718 35926 36019 36055 35877 Success
10:05:12PM NASDAQ 16509 16388 16357 16454 16510 16582 16310 ‘cess
10:07:35PM JAPAN 29597 29507 29429 29610 29713 29829 29507 ‘cess

 

 

18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%
10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%

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:CCL Carnival** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:HIK Hikma** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:RBD Reabold Resources PLC** **LSE:SDY Speedyhire** **

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Updated charts published on : Avacta, Carnival, Centrica, Darktrace Plc, Diageo, EasyJet, Hikma, Intertek, National Glib, Reabold Resources PLC, Speedyhire,

LSE:AVCT Avacta. Close Mid-Price: 130 Percentage Change: + 11.11% Day High: 137.5 Day Low: 114.5

In the event of Avacta enjoying further trades beyond 137.5, the share sh ……..

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LSE:CCL Carnival Close Mid-Price: 1425.2 Percentage Change: -0.81% Day High: 1466.4 Day Low: 1401.2

Continued weakness against CCL taking the price below 1401.2 calculates a ……..

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LSE:CNA Centrica. Close Mid-Price: 68.22 Percentage Change: + 0.95% Day High: 68.52 Day Low: 67.26

Further movement against Centrica ABOVE 68.52 should improve acceleration ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 524.5 Percentage Change: -4.64% Day High: 549 Day Low: 524

In the event Darktrace Plc experiences weakness below 524 it calculates w ……..

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LSE:DGE Diageo. Close Mid-Price: 3892.5 Percentage Change: + 0.28% Day High: 3915.5 Day Low: 3874.5

Further movement against Diageo ABOVE 3915.5 should improve acceleration ……..

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LSE:EZJ EasyJet Close Mid-Price: 570.6 Percentage Change: -0.52% Day High: 581.6 Day Low: 568.8

If EasyJet experiences continued weakness below 568.8, it will invariably ……..

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LSE:HIK Hikma Close Mid-Price: 2287 Percentage Change: -2.35% Day High: 2358 Day Low: 2285

Weakness on Hikma below 2285 will invariably lead to 2242 with secondary, ……..

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LSE:ITRK Intertek Close Mid-Price: 5234 Percentage Change: -1.02% Day High: 5314 Day Low: 5222

All Intertek needs are mid-price trades ABOVE 5314 to improve acceleratio ……..

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LSE:NG. National Glib. Close Mid-Price: 986.5 Percentage Change: + 1.18% Day High: 991.5 Day Low: 972.9

All National Glib needs are mid-price trades ABOVE 991.5 to improve accel ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.17 Percentage Change: -5.56% Day High: 0.18 Day Low: 0.16

In exciting news, it now appears below .16 shall provoke an initial 0.12 w ……..

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LSE:SDY Speedyhire Close Mid-Price: 67.8 Percentage Change: -0.73% Day High: 69.4 Day Low: 67.5

This is a little complex but above 70 now suggests the potential of recove ……..

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

The FTSE, France, and another GOLD update

#DAX #Nasdaq We wonder if someone, somewhere, has a betting pool open on just when will France match the FTSE, point for point. The indices are drawer ever closer, France closing the 17th November at 7156 points and the FTSE at 7291 points. Obviously, aside from the points value, there is no similarity between the pair. Even market performance since the Covid-19 low last year highlights the dismal movement of the FTSE.

As can be seen, with the FTSE performance overlaid on a chart for the French market, the difference in performance is quite a worry, especially as France commenced from a lower level in 2020. In an exercise (otherwise known as ‘grasping at straws’), we’d liked to suspect European markets were slowing down, while the FTSE made an effort to catch up. It’s certainly becoming difficult to stoke the fires of optimism for the UK. Perhaps Santa shall appear, wearing a Superman cloak, and produce a super-Santa rally. (Clue: not going to happen)

GOLD (PM:XAUUSD) We’ve received a few emails, asking for a further update on Gold, despite it being covered last week. The reason for the flurry is fairly simple; we’d given a trigger level at $1,873 and the metal achieved a high of 1,877 on Tuesday before retreating to close the day at 1,850 dollars. This sort of thing is always a worry, hence our often repeated demand a market actually CLOSE a session above a target level to give a belt and braces signal which confirms movement potentials. Instead, for the present, about the best we can hope is our 1,873 level shall prove valid until such time the market stops circling below the trigger level and once again, breaks the surface.

For now, we can announce CLOSURE above 1873 or intraday traffic above 1,878 should make a visit to an initial 1,900 almost inevitable. Our longer term secondary currently recalculates at $1,939.

From a very immediate perspective, given the stuff is trading at 1,865 at time of writing, above 1,868 is supposed to bring a trip to 1,873. A near term secondary, should this level be exceeded, calculates at 1,880 points and just another nudge higher. This is why being fussy about a closing price level becomes important. There’s certainly a good chance achieving our secondary target shall permit the product to actually close a session above the trigger level. Visually, we’re inclined toward optimism for the price of Gold.

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FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:49:22PM BRENT 79.46 Success
9:51:56PM GOLD 1867.09
9:57:46PM FTSE 7287.5 Success
10:02:37PM FRANCE 7158
10:04:27PM GERMANY 16255 16208 16180 16146 16238 16274 16286 16312 16243
10:11:51PM US500 4690 4678 4672 4661 4701 4705 4710 4719 4685
10:14:39PM DOW 35900 Success
10:17:01PM NASDAQ 16329 Success
10:20:23PM JAPAN 29549 Success
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%
10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%
9/11/2021 FTSE Closed at 7274 points. Change of -0.36%. Total value traded through LSE was: £ 6,437,458,851 a change of 17.56%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:PHP Primary Health** **LSE:SRP Serco** **

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Updated charts published on : BALFOUR BEATTY, Darktrace Plc, Diageo, EasyJet, IG Group, Intertek, Natwest, Omega Diags, Primary Health, Serco,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 243.4 Percentage Change: -1.62% Day High: 247 Day Low: 243.4

In the event BALFOUR BEATTY experiences weakness below 243.4 it calculate ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 550 Percentage Change: + 1.10% Day High: 557.5 Day Low: 530.5

Weakness on Darktrace Plc below 530.5 will invariably lead to 511p next w ……..

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LSE:DGE Diageo. Close Mid-Price: 3881.5 Percentage Change: + 0.49% Day High: 3902 Day Low: 3845.5

Continued trades against DGE with a mid-price ABOVE 3902 should improve th ……..

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LSE:EZJ EasyJet Close Mid-Price: 573.6 Percentage Change: -1.14% Day High: 591 Day Low: 571.4

Weakness on EasyJet below 571.4 will invariably lead to 546 with secondar ……..

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LSE:IGG IG Group Close Mid-Price: 773 Percentage Change: -2.28% Day High: 788.5 Day Low: 763.5

If IG Group experiences continued weakness below 763.5, it will invariabl ……..

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LSE:ITRK Intertek. Close Mid-Price: 5288 Percentage Change: + 0.34% Day High: 5296 Day Low: 5242

In the event of Intertek enjoying further trades beyond 5296, the share s ……..

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LSE:NWG Natwest. Close Mid-Price: 224.3 Percentage Change: + 0.40% Day High: 227.7 Day Low: 223.8

Target met. Further movement against Natwest ABOVE 227.7 should improve a ……..

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LSE:ODX Omega Diags Close Mid-Price: 40.5 Percentage Change: -1.82% Day High: 42.5 Day Low: 39.5

Target met. In the event Omega Diags experiences weakness below 39.5 it c ……..

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LSE:PHP Primary Health Close Mid-Price: 149.6 Percentage Change: -0.80% Day High: 151.1 Day Low: 149.2

Ongoing movement below 149 now makes travel to 144p pretty certain. While ……..

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LSE:SRP Serco. Close Mid-Price: 134.8 Percentage Change: + 0.00% Day High: 135.6 Day Low: 133.9

Above just 140 should now give hope, allowing for an initial 154 with seco ……..

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

Thyssenkrupp AG, battling to recover.

#FTSE_Futures #Nasdaq

Our weekly wander into Europe to search for something interesting reveals German multinational steel and industrial giant, Thyssenkrupp AG, are presently looking fairly interesting, their share price pretty active with some useful potentials. The company certainly fall into the “bigger than you thought” category as we’d only associated them with Bilstein shock absorbers. Needless to say, not only do they have fingers in a lot of pies but they actually own the pie shop!

From trains, shipbuilding, elevators, industrial machinery, and rated 10th largest worldwide steel producers, the organisation almost define the word “conglomerate”.

 

Presently trading around 10.35€, the share price need only exceed 10.6€ to hopefully enter a cycle to an initial 11.0. If bettered, our “longer term” secondary calculates at 11.4€ but we’ve an important caveat. Whatever has provoked the immediate surge this week, need only exceed 11.4€ and the share price could happily trundle onward to the 12.3 level. Visually, there’s a pretty solid expectation of some hesitation around such a point but it’s worth pointing out Thyssenkrupp, should the share price manage to close a session above 12 euro, will be regarded as entering an important Big Picture phase, one which calculates with a distant 16€ as possible.

We’re already optimistic on this one, suspecting the price needs sink below 9.3 euro to suggest running shoes will be required.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:17:57PM BRENT 81.74 ‘cess
10:25:06PM GOLD 1850.09 ‘cess
10:27:27PM FTSE 7327 7317 7310 7301 7337 7339 7347 7356 7320 Sorry
10:29:12PM FRANCE 7160.7 Success
10:32:45PM GERMANY 16243.13 Success
10:34:48PM US500 4701 ‘cess
10:46:34PM DOW 36169 Shambles
10:48:23PM NASDAQ 16300 16147 16133 16067 16233 16331 16342 16379 16252 Success
10:50:03PM JAPAN 29814 Success

 

 

16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%
10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%
9/11/2021 FTSE Closed at 7274 points. Change of -0.36%. Total value traded through LSE was: £ 6,437,458,851 a change of 17.56%
8/11/2021 FTSE Closed at 7300 points. Change of -0.04%. Total value traded through LSE was: £ 5,475,805,501 a change of 1.81%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:CASP Caspian** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:PMG Parkmead** **LSE:VOG VICTORIA** **

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Updated charts published on : Aston Martin, Caspian, Centrica, Darktrace Plc, Diageo, ECO (Atlantic) O & G, Experian, Intertek, National Glib, Natwest, Omega Diags, Parkmead, VICTORIA,

LSE:AML Aston Martin. Close Mid-Price: 1656.5 Percentage Change: + 2.73% Day High: 1656.5 Day Low: 1603

Continued weakness against AML taking the price below 1603 calculates as ……..

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LSE:CASP Caspian. Close Mid-Price: 4.85 Percentage Change: + 5.43% Day High: 4.95 Day Low: 4.6

Continued trades against CASP with a mid-price ABOVE 4.95 should improve ……..

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LSE:CNA Centrica. Close Mid-Price: 67.48 Percentage Change: + 2.15% Day High: 67.6 Day Low: 65.34

Continued trades against CNA with a mid-price ABOVE 67.6 should improve t ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 544 Percentage Change: -4.31% Day High: 569 Day Low: 536.5

If Darktrace Plc experiences continued weakness below 536.5, it will inva ……..

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LSE:DGE Diageo. Close Mid-Price: 3862.5 Percentage Change: + 1.19% Day High: 3948.5 Day Low: 3855.5

Target met. Weakness on Diageo below 3855.5 will invariably lead to 3960 ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 20.75 Percentage Change: -3.49% Day High: 21.5 Day Low: 20

Continued weakness against ECO taking the price below 20 calculates as le ……..

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LSE:EXPN Experian. Close Mid-Price: 3512 Percentage Change: + 0.92% Day High: 3512 Day Low: 3474

Target met. All Experian needs are mid-price trades ABOVE 3512 to improve ……..

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LSE:ITRK Intertek. Close Mid-Price: 5270 Percentage Change: + 2.81% Day High: 5278 Day Low: 5168

Continued trades against ITRK with a mid-price ABOVE 5278 should improve ……..

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LSE:NG. National Glib Close Mid-Price: 974.4 Percentage Change: -0.73% Day High: 985.8 Day Low: 970.5

Further movement against National Glib ABOVE 985.8 should improve acceler ……..

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LSE:NWG Natwest. Close Mid-Price: 223.4 Percentage Change: + 1.73% Day High: 223.6 Day Low: 219.9

Continued trades against NWG with a mid-price ABOVE 223.6 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 41.25 Percentage Change: -2.37% Day High: 42.5 Day Low: 40.5

Weakness on Omega Diags below 40.5 will invariably lead to 39 with second ……..

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LSE:PMG Parkmead. Close Mid-Price: 47.5 Percentage Change: + 4.63% Day High: 48 Day Low: 44.1

Weakness on Parkmead below 44.1 will invariably lead to 43 with secondar ……..

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LSE:VOG VICTORIA. Close Mid-Price: 3.85 Percentage Change: + 35.09% Day High: 4.3 Day Low: 2.88

Next above 4.3 should bring an initial 4.65 with secondary, if bettered, n ……..

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

Fevertree & The UK AIM Market too.

#GoldFutures #SP500 We’ve a principal objection to Fevertree and it’s their use of glass bottles. Various experiments with plastic bottles has revealed the ideal pressure for a reasonable bang is 70 pounds per square inch (70psi). Alas, Fevertree mixers are supplied in glass and even if it could be pressurised to extreme levels, excess levels of protection would be required for a grand-daughter, aiming her crossbow at a bottle target 25 metres away!

A series of experiments with various 2 ltr bottle ensured Pepsi and CocaCola are neck and neck, when rating their explosive capability under pressure, 1/3 filled with water. We’ve certainly developed as interesting method for real life double use recycling, the containers peeling open like banana’s in the blast before making their visit to the recycle bin. The children are, once again, making their mum’s life a misery, now fussy with the type of plastic container for really dodgy reasons.

 

In fairness, despite Fevertree’s attempt at green cred by opting for traditional glass mixer bottles, there’s something just a little classy with their bottle style which ticks the right box. As we move further away from Lockdown, the catering and hospitality industry getting up to speed with the usual festive season trading bonus, we suspect the company shall experience a decent surge in trade with normality rearing its ugly head.

The immediate situation for Fevertree appears pretty straightforward, above 2700p suggesting further price movement to an initial 2950p. If bettered, life gets more interesting as our longer term secondary calculates at 3640p. Unusually, we can also provide a 3rd level ambition at 3958p, virtually identical to their previous all time high 3 years ago.

For everything to go wrong, the share price needs below 2450p to force us to revisit all the numbers.

The AIM Market It used to be the case where we always thought the FTSE100 was the respectable place to trade, while the AIM was cowboy central. Recent years has seen the AIM provide a remarkable turnaround and nowadays, it’s the FTSE100 deserving sideways glances. For instance, around the world, most international indices have cheerfully exceeded their level, prior to the Covid-19 drop in 2020. In the case of the AIM, it was around 970 points and is presently trading around 1250 points. The FTSE, of course, remains trading below its pre-pandemic figure, gradually improving but when compared to the AIM in the performance stakes, still in quite a dreadful position.

 

The immediate position with the AIM is fairly interesting as above 1260 points suggests imminent movement to 1285 points. If exceeded, our longer term ambition calculates at 1353 points, a really big deal and taking the market to levels not seen for 20 years. At present, we’d experience concerns, should this market discover an excuse to slump below 1150 points but to be fair, the visuals suggest this is unlikely. Perhaps it’s the case some members of the AIM, such as Fevertree above, shall continue to strengthen simply thanks to the strength of their parent market.

As always, our thanks to the folk who effectively buy us our daily coffee, just by finding adverts on this page worthy of a visit.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:48:46PM BRENT 81.57 Success
9:50:28PM GOLD 1863.43 1856 1850 1843 1868 1868 1874 1884 1858
9:53:20PM FTSE 7347.08
9:55:40PM FRANCE 7119.7 Success
10:12:10PM GERMANY 16143.6 ‘cess
10:15:38PM US500 4687.32 4663 4655 4640 4687 4703 4714 4742 4671 Success
10:17:40PM DOW 36105 Shambles
10:20:50PM NASDAQ 16204 ‘cess
10:23:11PM JAPAN 29712

 

 

15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%
10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%
9/11/2021 FTSE Closed at 7274 points. Change of -0.36%. Total value traded through LSE was: £ 6,437,458,851 a change of 17.56%
8/11/2021 FTSE Closed at 7300 points. Change of -0.04%. Total value traded through LSE was: £ 5,475,805,501 a change of 1.81%
5/11/2021 FTSE Closed at 7303 points. Change of 0.33%. Total value traded through LSE was: £ 5,378,363,881 a change of -21.99%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:DARK Darktrace Plc** **LSE:EME Empyrean** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:SPX Spirax** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Asos, Caspian, Cellular Goods, Darktrace Plc, Empyrean, Omega Diags, Petrop etc, Spirax, Tesco,

LSE:AML Aston Martin Close Mid-Price: 1612.5 Percentage Change: -3.30% Day High: 1677 Day Low: 1613.5

Weakness on Aston Martin below 1613.5 will invariably lead to 1502 with s ……..

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LSE:ASC Asos. Close Mid-Price: 2884 Percentage Change: + 0.77% Day High: 2953 Day Low: 2845

Further movement against Asos ABOVE 2953 should improve acceleration towa ……..

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LSE:CASP Caspian. Close Mid-Price: 4.6 Percentage Change: + 4.55% Day High: 4.6 Day Low: 4.4

All Caspian needs are mid-price trades ABOVE 4.6 to improve acceleration ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 10.5 Percentage Change: + 16.67% Day High: 11.4 Day Low: 8.93

Target met. In the event of Cellular Goods enjoying further trades beyond ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 568.5 Percentage Change: -2.32% Day High: 594.5 Day Low: 563

Continued weakness against DARK taking the price below 563 calculates as ……..

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LSE:EME Empyrean. Close Mid-Price: 7.25 Percentage Change: + 5.07% Day High: 7.25 Day Low: 6.9

There’s something going on here which is vaguelly hopeful. The price now n ……..

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LSE:ODX Omega Diags Close Mid-Price: 42.25 Percentage Change: -2.31% Day High: 43.25 Day Low: 42.25

If Omega Diags experiences continued weakness below 42.25, it will invari ……..

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LSE:POG Petrop etc. Close Mid-Price: 23.96 Percentage Change: + 0.84% Day High: 26 Day Low: 23.62

All Petrop etc needs are mid-price trades ABOVE 26 to improve acceleratio ……..

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LSE:SPX Spirax. Close Mid-Price: 17135 Percentage Change: + 0.53% Day High: 17225 Day Low: 16895

Target met. Further movement against Spirax ABOVE 17225 should improve ac ……..

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LSE:TSCO Tesco. Close Mid-Price: 285.9 Percentage Change: + 0.32% Day High: 286.25 Day Low: 283.05

In the event of Tesco enjoying further trades beyond 286.25, the share sh ……..

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

Will Barclays ever engage Top Gear?

#Brent #Dax With Top Gear back on the telly, it’s only fitting to start with a brief review of a car, rather than examine the lack of excitement from Barclays (LON:BARC) share price. A chum visited, driving a new Renault Zoe, an electric vehicle. It had been fully charged for the trip, the charging plug unfortunately remaining in her garage. Arriving with 58% charge remaining didn’t sound alarming, aside from the detail our part of Scotland isn’t over-run with public charging stations.

Worse, freezing temperatures apparently play havoc with the range of electric vehicles. She developed a cunning plan, catch the ferry early on Sunday and visit a supermarket on the mainland, the car boasting it would take just two hours to recharge.  The range issue, always a favourite personal bugbear was confirmed but, it must be conceded the car itself was quite pleasant. Despite the externals, it was surprisingly spacious inside, also enjoyably fast in getting up to speed. Overall, the machine was very likeable. About the only immediate dislike was something called single pedal mode, when the car reclaimed energy by braking, when the foot was lifted off the accelerator. In this way, it behaved like a share price, losing any impetus to just freewheel, when interest wanes. Instead, many share prices just fall sharply, taking the stance ‘if there’s no acceleration, it must be time to decelerate!’

Barclays, thankfully, do not appear to have a share price following this mode. But it’s not really been charging upward either… There’s quite a lot about the retail banks which should inspire confidence, their lack of acceleration proving a pretty big worry. Barclays, as could be expected, have broken clear of the pack, their share price trading above its level pre-pandemic. There’s now a chicken and egg situation?

Will Barclays accelerate properly, when the FTSE starts to better the pre-pandemic level. Or will the FTSE start to accelerate, if Barclays (and the other retail banks) get themselves in gear.

 

The immediate situation with Barclays is, from our perspective, a share price which is supposed to be heading to 240p as the next major point of interest. Similar to a Top Gear presenter and an Alfa Romeo, it appears unable to get moving properly due to the handbrake being engaged. Wed prefer present a confident scenario, where next above 204p should make an attempt at 216p next with secondary, if bettered, at 240p. The lack of pace in 2021 is proving a distinct concern however…

 

For everything to now go horribly wrong for Barclays, the share needs reverse below 160p, calculating with the potential of an initial 145p with secondary, if broken, at 121p. Perhaps the biggest problem for the future is a lack of patience. Perhaps investors should all go away for a while, allow it to recharge, and return when a decent range is possible.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:43:20PM BRENT 81.46 80.75 80.615 80.09 81.79 82.19 82.65 83.28 81.14 ‘cess
9:45:08PM GOLD 1866.21 ‘cess
9:47:17PM FTSE 7347.69
9:48:53PM FRANCE 7083.7 ‘cess
9:50:31PM GERMANY 16095.72 16065 16047 16023 16106 16124 16146 16173 16070
9:52:54PM US500 4677.27 ‘cess
9:55:41PM DOW 36059
10:12:12PM NASDAQ 16180.7 Success
10:14:49PM JAPAN 29692 ‘cess

 

Once again, our thanks to the nice folk who find some of the adverts on this page worthy of a visit, effectively buying us a coffee.

 

12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%
10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%
9/11/2021 FTSE Closed at 7274 points. Change of -0.36%. Total value traded through LSE was: £ 6,437,458,851 a change of 17.56%
8/11/2021 FTSE Closed at 7300 points. Change of -0.04%. Total value traded through LSE was: £ 5,475,805,501 a change of 1.81%
5/11/2021 FTSE Closed at 7303 points. Change of 0.33%. Total value traded through LSE was: £ 5,378,363,881 a change of -21.99%
4/11/2021 FTSE Closed at 7279 points. Change of 0.43%. Total value traded through LSE was: £ 6,894,189,975 a change of 28.51%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:BLOE Block Energy PLC** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:ODX Omega Diags** **LSE:SPX Spirax** **

********

Updated charts published on : Aston Martin, Block Energy PLC, Caspian, Cellular Goods, Centamin, Centrica, Diageo, Experian, Foxtons, ITV, Marks and Spencer, Omega Diags, Spirax,

LSE:AML Aston Martin. Close Mid-Price: 1667.5 Percentage Change: + 2.24% Day High: 1672 Day Low: 1614.5

Target met. If Aston Martin experiences continued weakness below 1614.5, ……..

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LSE:ASC Asos. Close Mid-Price: 2862 Percentage Change: + 2.21% Day High: 2886 Day Low: 2770

Continued trades against ASC with a mid-price ABOVE 2914 should improve th ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 1.23 Percentage Change: -12.14% Day High: 1.3 Day Low: 0.95

Target met. In the event Block Energy PLC experiences weakness below 0.95 ……..

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LSE:CASP Caspian. Close Mid-Price: 4.4 Percentage Change: + 1.73% Day High: 4.5 Day Low: 4.25

In the event of Caspian enjoying further trades beyond 4.5, the share sho ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 9 Percentage Change: + 9.76% Day High: 9.12 Day Low: 8.15

Target met. Continued trades against CBX with a mid-price ABOVE 9.12 shou ……..

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LSE:CEY Centamin Close Mid-Price: 104.4 Percentage Change: -0.90% Day High: 106.2 Day Low: 103

Further movement against Centamin ABOVE 106.2 should improve acceleration ……..

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LSE:CNA Centrica. Close Mid-Price: 65.92 Percentage Change: + 0.46% Day High: 66.22 Day Low: 65.04

Target met. All Centrica needs are mid-price trades ABOVE 66.22 to improv ……..

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LSE:DGE Diageo. Close Mid-Price: 3826 Percentage Change: + 0.64% Day High: 3833.5 Day Low: 3791.5

Target met. In the event of Diageo enjoying further trades beyond 3833.5, ……..

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LSE:EXPN Experian. Close Mid-Price: 3485 Percentage Change: + 0.58% Day High: 3504 Day Low: 3456

Further movement against Experian ABOVE 3504 should improve acceleration ……..

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LSE:FOXT Foxtons. Close Mid-Price: 44.9 Percentage Change: + 0.45% Day High: 45 Day Low: 43

In the event Foxtons experiences weakness below 43 it calculates with a d ……..

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LSE:ITV ITV. Close Mid-Price: 125.1 Percentage Change: + 1.34% Day High: 127 Day Low: 123.3

Further movement against ITV ABOVE 127 should improve acceleration toward ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 237 Percentage Change: + 1.94% Day High: 240.9 Day Low: 232.3

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

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LSE:ODX Omega Diags Close Mid-Price: 43.25 Percentage Change: -1.12% Day High: 43.5 Day Low: 42.75

Continued weakness against ODX taking the price below 42.75 calculates as ……..

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LSE:SPX Spirax. Close Mid-Price: 17045 Percentage Change: + 0.29% Day High: 17050 Day Low: 16660

Target met. Continued trades against SPX with a mid-price ABOVE 17050 sho ……..

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

GOLD & our wonderful FTSE for FRIDAY

PM:XAUUSD & FTSE:UKX Questioning personal DIY abilities is perhaps normal but this week, pretty firm confirmation was delivered my time would be better spent playing with charts and numbers, rather than build a new shed for my little tractor. Just over a month ago, we advanced a scenario for weakness on Gold, the chart also highlighting gain potentials. The weakness didn’t happen, instead the metal has strengthened to our initial target of $1,862.

Our analysis focussed on the drop scenario, only the chart giving recovery potentials. Now the metal has reached as exceeded our initial target, we need run the numbers again.

 

Unfortunately, this week hasn’t been spent watching minute by minute movements on Gold. Instead, an easy job of assembling a metal shed consumed every free minute, reminding quite firmly why working with wood is preferable. By Wednesday morning, the 2 metre tall structure was almost complete, just needing the sliding doors bolted in place. This unfortunately revealed the true nature of my personal incompetence. The plastic mountings for the doors had fitted neatly inside the door lintel, a bit of frame onto which the gable end was bolted. And onto the gable end, the roof had been bolted.

Only when an attempt was made to bolt the doors onto their runners did it become clear the fiddly bits of plastic should have been mounted outside the door lintel. The entire wall and roof of the shed needed dismantled, just to move 4 bits of plastic into the correct location. Finally, as it grew dark today at 4.00pm, the doors were fitted, the structure finally solid and weather proof hopefully. Only four bits of undocumented metal were left over from the job. As an aside, a timber shed for the tiny tractor was quoted at £1,700 whereas the metal shed was just £379. This disparity in costs makes us suspect the building industry shall experience a wake up call, due to absurd inflation in the cost of materials forcing a slow down in orders.

 

As for GOLD, we’ve established a new trigger level for further growth at $1,873. The immediate situation suggests growth above such a level should expect further strength to an initial $1,900. If bettered, we expect some hesitation at the $1,947 level. We’ve shown some potentials from the Big Picture on the chart below, arguments demanding we below $2,100 should be possible eventually. In this instance, our intention is to revisit Gold should our $1,947 make an appearance.

If Gold now intends a bit of a meltdown, the price needs below 1,813 to suggest concern, allowing weakness to an initial 1,794 with secondary, if (when) broken at 1,770 and hopefully a proper bounce. However, for now we fear the narrator for ‘Gold Rush’ on telly shall once again, be patiently explaining how the price of the metal is making mining profitable, even for some of the crews featured, people who couldn’t even build a shed…

 

FTSE for FRIDAY The FTSE has enjoyed an extraordinary week, often experiencing gains while other markets floundered. Perhaps the days of the FTSE catching flu, when everyone else has a mild cold, shall be a distant memory. London is certainly very close to challenging the downtrend (Blue) since 2018, also gathering sufficient ammunition to make an attempt at the pre-pandemic drop level around the 7500 point mark. We do anticipate some market hesitation, should such a level be challenged, as this has tended be the case with other markets. The FTSE will require to actually close a session above 7535 to convince us it’s intending break for new highs.

The immediate situation is quite exciting, suggesting above 7395 should make an attempt at 7475 points next. If bettered, our secondary calculates at 7558 points. If triggered, the tightest stop is slightly ridiculous at 7356 points, almost ensuring we’re cynical as the Risk/Reward balance is uncommonly generous. Visually, we prefer advocating 7320 points as a stop level, along with a strong warning to be extremely careful, if any upward movement is an upward spike in the opening second of trade. After so saying, Thursday pulled such a stunt, the market actually gapped up, then spiked thereafter.

Our favourite rule of thumb is to utterly distrust an opening spike UNLESS it is exceeded within the first 90 minutes of a session.

 

If things intend go a little wrong, below 7356 points suggests the potential of weakness to an initial 7340 points. If broken, our secondary calculation works out at 7261 points and hopefully a proper rebound.

Our constant thanks to the nice folk who find adverts on this page worth a visit.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:46:49PM GOLD 1863.01 1841 1833 1856 1866 1868 1851
10:48:46PM BRENT 82.07 81.39 80.84 82.73 82.95 83.53 81.94
10:53:15PM FTSE 7386.28 7315 7285 7351 7399 7407 7299 Success
11:00:21PM FRANCE 7056 7031 7012 7061 7064 7079 7041 Success
11:02:25PM GERMANY 16100 16004 15990 16044 16102 16124 16063 Success
11:04:30PM US500 4653.22 4644 4635 4662 4667 4673 4652
11:07:15PM DOW 35996.5 35909 35782 36055 36122 36138.75 36010 ‘cess
11:09:28PM NASDAQ 16047 15987 15943 16086 16122 16158 16017 ‘cess
11:11:34PM JAPAN 29422 29112 29063 29354 29457 29554 29274 ‘cess
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%
10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%
9/11/2021 FTSE Closed at 7274 points. Change of -0.36%. Total value traded through LSE was: £ 6,437,458,851 a change of 17.56%
8/11/2021 FTSE Closed at 7300 points. Change of -0.04%. Total value traded through LSE was: £ 5,475,805,501 a change of 1.81%
5/11/2021 FTSE Closed at 7303 points. Change of 0.33%. Total value traded through LSE was: £ 5,378,363,881 a change of -21.99%
4/11/2021 FTSE Closed at 7279 points. Change of 0.43%. Total value traded through LSE was: £ 6,894,189,975 a change of 28.51%
3/11/2021 FTSE Closed at 7248 points. Change of -0.36%. Total value traded through LSE was: £ 5,364,561,051 a change of -4.12%

 

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:BLOE Block Energy PLC** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:IGAS Igas Energy** **LSE:ITV ITV** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:SPX Spirax** **

********

Updated charts published on : Aston Martin, Asos, Block Energy PLC, Diageo, Experian, Fresnillo, Igas Energy, ITV, Omega Diags, Oxford Instruments, Polymetal, Spirax,

LSE:AML Aston Martin Close Mid-Price: 1631 Percentage Change: -2.04% Day High: 1685 Day Low: 1619

In the event Aston Martin experiences weakness below 1619 it calculates w ……..

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LSE:ASC Asos Close Mid-Price: 2800 Percentage Change: -0.78% Day High: 2914 Day Low: 2790

Continued trades against ASC with a mid-price ABOVE 2914 should improve t ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 1.4 Percentage Change: -3.45% Day High: 1.45 Day Low: 1.35

Weakness on Block Energy PLC below 1.35 will invariably lead to 1.15 with ……..

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LSE:DGE Diageo. Close Mid-Price: 3801.5 Percentage Change: + 0.94% Day High: 3807.5 Day Low: 3762

All Diageo needs are mid-price trades ABOVE 3807.5 to improve acceleratio ……..

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LSE:EXPN Experian Close Mid-Price: 3465 Percentage Change: -0.29% Day High: 3495 Day Low: 3457

Continued trades against EXPN with a mid-price ABOVE 3495 should improve ……..

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LSE:FRES Fresnillo. Close Mid-Price: 984.6 Percentage Change: + 2.65% Day High: 997.6 Day Low: 958.8

Target met. In the event of Fresnillo enjoying further trades beyond 997. ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 14.62 Percentage Change: + 0.52% Day High: 14.5 Day Low: 13.5

Continued weakness against IGAS taking the price below 13.5 calculates as ……..

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LSE:ITV ITV Close Mid-Price: 123.45 Percentage Change: -1.91% Day High: 124.45 Day Low: 120.45

State propoganda re-broadcaster ITV appears to be on the edge of becoming ……..

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LSE:ODX Omega Diags Close Mid-Price: 43.74 Percentage Change: -3.87% Day High: 45.5 Day Low: 43.25

In the event Omega Diags experiences weakness below 43.25 it calculates w ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2150 Percentage Change: -4.66% Day High: 2310 Day Low: 2150

Weakness on Oxford Instruments below 2150 will invariably lead to 1779 in ……..

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LSE:POLY Polymetal. Close Mid-Price: 1509 Percentage Change: + 4.14% Day High: 1520.5 Day Low: 1469

Above 1521 now indicates the potential of gains to an initial 1615p. If ex ……..

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LSE:SPX Spirax. Close Mid-Price: 16995 Percentage Change: + 4.42% Day High: 16850 Day Low: 16250

Target met. All Spirax needs are mid-price trades ABOVE 16850 to improve ……..

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

Tesla & Hertz, driven to destruction!

#DAX #NASDAQ Recent news of Hertz selecting Tesla as a vehicle supplier immediately reminded of a favourite ‘Steve Wright in the Afternoon’  joke. It was along the lines of; “Today, we celebrate the birthday of the Dutch bloke who invented commercial vehicle hire, ‘Hertz Van Rental’…” Also begging the question as to why only bad jokes stick in my memory!

 

Hertz shares recently transited to a Nasdaq listing and we’d suspected some sort of boost could be expected, given their association with Tesla, a company which enjoys a runaway share price. While we’re perhaps being a little naive with a listing which is only a few hours old,  when we extrapolate the limited Nasdaq trading data, some interesting potentials become possible. Near term travel below just $25 US looks capable of reversal to an initial 24.5. If broken, we quite strongly suspect the price shall reverse to a secondary target of $17.5, hopefully capable of enjoying a proper rebound from such a level. Obviously, this is quite a lot of reversal calculated from a couple of days trading but, we believe this shall prove worth watching, if hoping to catch a bottom.

Tesla share price, to be honest, joins Bitcoin in trading in the realms of ‘wow’. A glance at their chart is always a bit of a puzzle, similar to looking at one of these photo’s of a cow on the roof of a house, begging the question; “Just how did that get there?”

In the case of Tesla, the company share price has (almost) started to behave logically, the recent high of $1242 proving extremely interesting from our perspective. Our calculations had been giving a maximum high on the current movement cycle at $1249, yet the share marginally failed to reach target before the price fell away. Despite the reversal being attributed to Mr Musk’s comments on Twitter, it was fascinating witnessing such movement when one of our target levels was close. Perhaps the detail of the share price failing to reach our calculated 1249 also implies some weakness may be present.

If we choose a scenario where weakness may indeed be the case, we can calculate below $986 as entering the realms of reversal to an initial $789. If broken, we would hope for the share price to eventually bounce at $762.

Similar to Hertz above, perhaps this shall prove worth watching. However, should a miracle occur and it somehow staggers above $1249, we cannot presently calculate any sensible upward targets.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:22:32PM BRENT 82.09 ‘cess
10:25:41PM GOLD 1852.9 Success
10:28:04PM FTSE 7315.32 ‘cess
10:30:02PM FRANCE 7009 ‘cess
10:45:16PM GERMANY 16025.54 15986 15948 15904 16036 16044 16053 16062 16002
10:47:14PM US500 4651.07 Success
10:49:41PM DOW 36089.7 ‘cess
10:51:02PM NASDAQ 16004 15900 15840.5 15634 16080 16078 16104 16171 15903 Success
10:53:06PM JAPAN 29057 ‘cess

 

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10/11/2021 FTSE Closed at 7340 points. Change of 0.91%. Total value traded through LSE was: £ 6,309,453,625 a change of -1.99%
9/11/2021 FTSE Closed at 7274 points. Change of -0.36%. Total value traded through LSE was: £ 6,437,458,851 a change of 17.56%
8/11/2021 FTSE Closed at 7300 points. Change of -0.04%. Total value traded through LSE was: £ 5,475,805,501 a change of 1.81%
5/11/2021 FTSE Closed at 7303 points. Change of 0.33%. Total value traded through LSE was: £ 5,378,363,881 a change of -21.99%
4/11/2021 FTSE Closed at 7279 points. Change of 0.43%. Total value traded through LSE was: £ 6,894,189,975 a change of 28.51%
3/11/2021 FTSE Closed at 7248 points. Change of -0.36%. Total value traded through LSE was: £ 5,364,561,051 a change of -4.12%
2/11/2021 FTSE Closed at 7274 points. Change of -0.19%. Total value traded through LSE was: £ 5,594,886,752 a change of 24.19%

 

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:ASC Asos** **LSE:BLVN Bowleven** **LSE:CASP Caspian** **LSE:FRES Fresnillo** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **

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Updated charts published on : Asos, Bowleven, Caspian, Fresnillo, IG Group, ITM Power, Marks and Spencer, Natwest, Parkmead, Tesco, VICTORIA,

LSE:ASC Asos. Close Mid-Price: 2822 Percentage Change: + 9.51% Day High: 2880 Day Low: 2532

Target met. All Asos needs are mid-price trades ABOVE 2880 to improve acc ……..

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View Previous Asos & Big Picture ***

LSE:BLVN Bowleven Close Mid-Price: 3 Percentage Change: -25.00% Day High: 3.5 Day Low: 2.5

Target met. In the event Bowleven experiences weakness below 2.5 it calcu ……..

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View Previous Bowleven & Big Picture ***

LSE:CASP Caspian. Close Mid-Price: 4.35 Percentage Change: + 5.45% Day High: 4.35 Day Low: 4.12

Further movement against Caspian ABOVE 4.35 should improve acceleration t ……..

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View Previous Caspian & Big Picture ***

LSE:FRES Fresnillo. Close Mid-Price: 959.2 Percentage Change: + 3.54% Day High: 963.2 Day Low: 907.8

Target met. Continued trades against FRES with a mid-price ABOVE 963.2 sh ……..

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View Previous Fresnillo & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 789 Percentage Change: + 0.77% Day High: 790.5 Day Low: 781

In a small update, below 773 now indicates the risk of reversal to an init ……..

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View Previous IG Group & Big Picture ***

LSE:ITM ITM Power. Close Mid-Price: 521 Percentage Change: + 1.86% Day High: 527.5 Day Low: 500.5

Target met. All ITM Power needs are mid-price trades ABOVE 527.5 to impro ……..

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View Previous ITM Power & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 226.5 Percentage Change: + 16.48% Day High: 235.5 Day Low: 214.5

Target met. Continued trades against MKS with a mid-price ABOVE 235.5 sho ……..

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View Previous Marks and Spencer & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 215.3 Percentage Change: + 0.61% Day High: 216 Day Low: 213

There’s a pretty good argument suggesting above 220 should make an attempt ……..

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LSE:PMG Parkmead Close Mid-Price: 45 Percentage Change: -6.25% Day High: 47.9 Day Low: 45

If Parkmead experiences continued weakness below 45, it will invariably l ……..

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LSE:TSCO Tesco. Close Mid-Price: 284.95 Percentage Change: + 2.32% Day High: 284.45 Day Low: 278.65

Target met. Further movement against Tesco ABOVE 284.45 should improve ac ……..

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View Previous Tesco & Big Picture ***

LSE:VOG VICTORIA Close Mid-Price: 2.85 Percentage Change: -5.00% Day High: 3 Day Low: 2.85

If VICTORIA experiences continued weakness below 2.85, it will invariably ……..

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View Previous VICTORIA & Big Picture ***

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