Author: T&T Staff

#FTSE #France I’ve a soft spot for Air France, so was interested to see the airline rated as “Strong Sell” in the listings of ‘Most Active Shares’ on the French exchange. This alone made Air France a useful candidate for this weeks delve into European derivatives. The, unusual for me, fondness for an airline, dates back to a boss saying “Take as long as you want” when I took a spur of the moment skiing holiday.

Not bothering take a holiday for a couple of years and feeling a bit burnt out, vanishing to the French Alps seemed a good idea and a 5 day trip had stretched into nearly a month. A panic call from the company asking me to return as soon as possible wasn’t exactly welcome. Apparently, the boss was malfunctioning, unable to cope with pressure. Staff were walking out of branches due to his behaviour and the admin dragon lady who called, admitted she was at her wits end.

Knowing the company would pay my expenses, an immediate taxi was called to the nearest station where I caught a TGV to Paris. Another taxi to CDG airport for a flight to London, the ticket agent advising I must rush through the terminal to catch my flight as the gate was apparently closing in minutes.

Thankfully, this was all before everything changed with 9/11, me and my guitar case charging through the crowds (the bar / hotel were sending my luggage), charging to the head of each queue with single minded determination. Eventually, I found myself being welcomed by a flight attendant, taking my seat at the front of the aircraft. The following 20 minutes enduring angry glares of people I’d elbowed aside, now boarding behind me, were not fun. While the jet bumbled its way around the tarmac, I explained my error to the stewardess sitting opposite in the jump seat. She was kind enough to ensure I’d fail a breath test when we landed at Heathrow, this making the usual unpleasantness with UK officialdom easier to handle. Carrying a guitar, long hair, tanned, and smiling inanely somehow made me a target, especially as I’d no baggage!

 

It’s amazing how a little kindness can influence the way in which a corporate is regarded but unfortunately, it looks like Air France should be giving free whisky to the entire marketplace. Their share price is starting to look quite fragile. Similar to everything else, the price took a hammering with the pandemic drop last year and, in common with other companies in the sector, is failing to show any great recovery. Ryanair, amazing to note, are unusual in this regard, recovering to the price height pre-Covid19.

As the chart below shows, Air France has been slithering down the Blue downtrend, breaking though but failing to make a solid movement. Rather unhelpfully, this sort of nonsense tends end with a sharp, vivid, price movement, the only question being; ‘which direction?’. We fear, in this instance, some excuse shall be discovered to provoke a sharp reversal.

Weakness below just 3.75 Eu calculates as capable of reversal to 2.67 euro, a level at which we’d hope for a bounce. If broken, our secondary works out at 1.56 eventually. Should this number appear, the price ‘almost must’ rebound as we cannot calculate anything below such a point. Glancing at the chart, there is already an argument favouring bounce potentials at 2.67 Euro, this matching the lows of 2020 and doubtless becoming attractive to those who will decide “Double Bottom” and take a long position.

 

Air France KLM, thus, shall perhaps prove worth keeping an eye on in the weeks ahead.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:17:08PM	BRENT	73.55									‘cess
10:18:52PM	GOLD	1804.84
10:21:00PM	FTSE	7029	7017	6996	6972	7040	7045	7051.5	7063	7021	‘cess
10:23:11PM	FRANCE	6640	6626	6606	6582	6655	6670	6683.5	6694	6640	Success
10:25:38PM	GERMANY	15697
10:27:34PM	US500	4448
10:31:32PM	DOW	34597									Shambles
10:34:03PM	NASDAQ	15398									‘cess
10:36:55PM	JAPAN	30344

14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%

13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%

10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%

9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:CPI Capita** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:POLY Polymetal** **LSE:VOD Vodafone** **

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Updated charts published on : British Telecom, Capita, Hargreaves Lansdown, HSBC, Hurrican Energy, British Airways, ITM Power, ITV, Polymetal, Vodafone,

LSE:BT.A British Telecom Close Mid-Price: 155.55 Percentage Change: -2.63% Day High: 160.6 Day Low: 155.4

Continued weakness against BT.A taking the price below 155.4 calculates a ……..

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LSE:CPI Capita Close Mid-Price: 49.81 Percentage Change: -0.38% Day High: 50.94 Day Low: 49.57

Further movement against Capita ABOVE 50.94 should improve acceleration t ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 190 Percentage Change: -0.84% Day High: 197.4 Day Low: 188

All Gulf Keystone needs are mid-price trades ABOVE 197.4 to improve accel ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1433.5 Percentage Change: -1.34% Day High: 1450 Day Low: 1425.5

Target met. Continued weakness against HL. taking the price below 1425.5 ……..

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LSE:HSBA HSBC Close Mid-Price: 372.9 Percentage Change: -1.96% Day High: 377.3 Day Low: 371.75

Continued weakness against HSBA taking the price below 371.75 calculates ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 3.3 Percentage Change: -2.94% Day High: 3.45 Day Low: 3.12

Continued trades against HUR with a mid-price ABOVE 3.45 should improve t ……..

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LSE:IAG British Airways Close Mid-Price: 142.1 Percentage Change: -4.18% Day High: 147.68 Day Low: 141.58

Continued weakness against IAG taking the price below 141.58 calculates a ……..

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LSE:ITM ITM Power Close Mid-Price: 398.4 Percentage Change: -3.72% Day High: 407.4 Day Low: 381

If ITM Power experiences continued weakness below 381, it will invariably ……..

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LSE:ITV ITV Close Mid-Price: 110.7 Percentage Change: -0.90% Day High: 113.8 Day Low: 109.9

Continued weakness against ITV taking the price below 109.9 calculates as ……..

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LSE:POLY Polymetal Close Mid-Price: 1366 Percentage Change: -0.29% Day High: 1377 Day Low: 1350

In the event Polymetal experiences weakness below 1350 it calculates with ……..

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LSE:VOD Vodafone Close Mid-Price: 116.06 Percentage Change: -1.34% Day High: 118 Day Low: 115.64

Vodafone remain unable to impress and weakness below 115 now looks like br ……..

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

#Gold #Nasdaq Working with wood is a personal hobby, usually without pressure or consequences but Monday produced a foul up of epic proportions. A promise to build an interior for a new mirror wardrobe kept being put on the back burner and eventually my wife produced her “ideal layout”, everything carefully drawn to scale. Pretty key to the plan was her desire for a 12 drawer unit and she’d even bought the drawers. All I needed do was built something for drawers to slide in and out.

With the mirror doors due to arrive later this week, Monday was spent finishing a long, low, drawer unit, built from scratch and by late afternoon, we were able to slide all the drawers into my 2.4 metre creation. I called her through for a query on the height of a rail to hang her epic collection of jackets from, but really, expecting praise for my work. The pine top for the unit was especially noteworthy and none would realise it had once been a dining table! She sat on the bed, looking at her initial plan, frantically measuring depths, and ultimately working herself into a panic.

“When you fit the mirror doors, I will only be able to open 3 of the drawers! Unless I lift a sliding mirror door away…”

My idea of cancelling the floor to ceiling mirrors, instead using a curtain, didn’t find favour. It appears Tuesday shall be spent creating two separate 3 drawer units. Somehow, this calamity was my own fault as I ‘should have known’. Alas, as she’d done the plans, at no point had I felt the need to step back and view the overall concept.

 

As always, there’s a point behind the story, aside from revealing our household to be idiots. Never forget, when viewing a chart, to zoom out to the maximum possible as the Big Picture can be revealing. Since our glance at M&S a year ago, the price has performed according to expectations and now, offers further hope for the future.

The share is currently stuttering as it frolics playfully at the same value achieved, pre-pandemic. However, as the chart below shows, the price has exceeded a very obvious downtrend since 2015. In itself, this is never a guarantee of a coming uptick in values. But in addition to this, the share has also bettered is initial high, since breaking the downtrend. This allows considerable hope for the future, perhaps indicating the threat of supply chain trauma may prove unfounded.

The immediate situation suggests strength above 189p should now make an attempt at 211p next, solidly breaking the high before everything went wrong in 2020. With closure above 211p, we can calculate a longer term potential at 271p, a point where we’d really need take another look at M&S movements.

For everything to go wrong, the share price needs below 130p, risking reversal to 87p. Currently nothing on the chart below suggests this is a risk.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:56:13PM	BRENT	73.36									‘cess
9:59:24PM	GOLD	1793.63	1783	1777	1768	1793	1799	1802	1809	1787
10:01:42PM	FTSE	7070.89									‘cess
10:04:35PM	FRANCE	6680.7									Success
10:07:33PM	GERMANY	15742									Success
10:10:17PM	US500	4476.67
10:12:49PM	DOW	34913
10:26:10PM	NASDAQ	15455	15398	15336	15260	15449	15459	15524	15549	15380
10:28:31PM	JAPAN	30624									‘cess

 

13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%

10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%

9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:CEY Centamin** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:OPG OPG Power Ventures** **LSE:RKH Rockhopper** **

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Updated charts published on : Asos, Centamin, 4D Pharma, Experian, EasyJet, Hurrican Energy, British Airways, ITM Power, OPG Power Ventures, Rockhopper,

LSE:ASC Asos Close Mid-Price: 3116 Percentage Change: -3.08% Day High: 3231 Day Low: 3115

Weakness on Asos below 3115 will invariably lead to 2925 with secondary ( ……..

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LSE:CEY Centamin. Close Mid-Price: 93.1 Percentage Change: + 1.86% Day High: 92.92 Day Low: 89

Target met. If Centamin experiences continued weakness below 89, it will ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 78.2 Percentage Change: -1.01% Day High: 81.2 Day Low: 75.8

Weakness on 4D Pharma below 75.8 will invariably lead to 74 with secondar ……..

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LSE:EXPN Experian Close Mid-Price: 3316 Percentage Change: -0.57% Day High: 3364 Day Low: 3303

Continued trades against EXPN with a mid-price ABOVE 3364 should improve ……..

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LSE:EZJ EasyJet Close Mid-Price: 590 Percentage Change: -13.34% Day High: 595 Day Low: 554.8

Target met. If EasyJet experiences continued weakness below 554, it will ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 3.4 Percentage Change: + 9.68% Day High: 3.4 Day Low: 2.84

In the event of Hurrican Energy enjoying further trades beyond 3.4, the s ……..

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LSE:IAG British Airways. Close Mid-Price: 148.3 Percentage Change: + 2.05% Day High: 148.4 Day Low: 142

Target met. Weakness on British Airways below 142 will invariably lead t ……..

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LSE:ITM ITM Power Close Mid-Price: 413.8 Percentage Change: -11.62% Day High: 464 Day Low: 392

This has behaved fairly poisonously as travel next below 391 indicates com ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 11.75 Percentage Change: -3.09% Day High: 12.12 Day Low: 11.75

In the event OPG Power Ventures experiences weakness below 11.75 it calcu ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.39 Percentage Change: + 6.88% Day High: 8.26 Day Low: 7.8

Weakness on Rockhopper below 7.8 will invariably lead to 6.6 with seconda ……..

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

#Brent #Dax We have to concede, writing about each of the big three retail banks, once every three weeks, has become a tad repetitive. So, to give folk a slight break, this weeks coverage of Barclays can consist of a single sentence. If it goes below 174, we expect an initial visit to 167 with secondary, if broken, at a bottom of 155p. Now for Tesco!

Trends and Targets. Past performance is not a reliable indicator of future results.

 

Tesco are rather more interesting than Barclays, their share price actually making some real movements. When we reviewed the share back in April, we speculated on a future which involved 242p initially with secondary, 259p. More importantly, with closure above 242p, we could dream of a future which encompassed a visit to 295p eventually. Amazingly, we’d shown a chart with a target of 259p and the high eventually attained last week was 259.6, then the price reversed slightly. Visually there are plenty of reasons to embrace hope for the future, despite a plethora of media headlines warning of food shortages due to Brexit and work-shy lorry drivers. But as the UK Govt has announced we can expect supermarket shelves being full for Xmas, there’s clearly nothing to worry about…

Hopefully, supermarkets shall not be “full” of the familiar space filler, Chicken & Mushroom Pot Noodle containers. Perhaps a festive twist, giving Turkey & Mushroom flavouring would prove effective.

On the basis Tesco manage to discover how to stock their shops, the pandemic also opting not to revisit the country in winter fatality mode, it’d be churlish not to admit there’s a feeling of ‘back to normal’ nervously prowling the country. Whether we ever return to previous norms is obviously open to question. Many folk appear delighted to remain working from home. A chum, a Cisco corporate support guy, used Lockdown to recreate his entire support office in a spare bedroom. Quite literally, he has full access to their phone systems, video net, call centres, and servers, as his spare bedroom now is a secure node on their network. He’s not intending return to the office more than a couple of days a week.

For Tesco, should the share next manage to trade above 260p, a further growth cycle to an initial 268p with secondary, if exceeded, now working out at 291p calculates as possible. The share price has been nervously flirting with the pre-pandemic highs but there are plenty of reasons to hope for future price positivity.

Even if it all intends go wrong, the immediate situation threatens weakness below 248p leading down to an initial 240p. If broken, our secondary works out at 225p, signaling an unhealthy interest in the Blue downtrend which dates back to 2010. We would anticipate a rebound in the unlikely event such a target level appears.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
12:07:52PM	BRENT	72.65	71.7	71.295	70.77		72.88	73.6	74.55	72.29
12:09:30PM	GOLD	1787.92
12:10:56PM	FTSE	7019.92
12:13:09PM	FRANCE	6638.2
12:19:32PM	GERMANY	15557	15547	15504	15437	15639	15649	15670	15711	15583
12:30:17PM	US500	4460.02
12:34:52PM	DOW	34612
12:37:15PM	NASDAQ	15445
12:38:42PM	JAPAN	30142

 

10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%

9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

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:BT.A British Telecom** **LSE:CEY Centamin** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:RKH Rockhopper** **

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Updated charts published on : British Telecom, Centamin, 4D Pharma, Experian, Foxtons, Hurrican Energy, British Airways, Polymetal, President Energy, Rockhopper,

LSE:BT.A British Telecom Close Mid-Price: 159.25 Percentage Change: -1.21% Day High: 163.15 Day Low: 158.5

Weakness on British Telecom below 158.5 will invariably lead to 153 with ……..

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LSE:CEY Centamin Close Mid-Price: 91.4 Percentage Change: -1.17% Day High: 93.54 Day Low: 91.52

Continued weakness against CEY taking the price below 91.52 calculates as ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 79 Percentage Change: -1.25% Day High: 81.4 Day Low: 77.6

If 4D Pharma experiences continued weakness below 77.6, it will invariabl ……..

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LSE:EXPN Experian. Close Mid-Price: 3335 Percentage Change: + 2.55% Day High: 3342 Day Low: 3264

Target met. All Experian needs are mid-price trades ABOVE 3342 to improve ……..

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LSE:FOXT Foxtons. Close Mid-Price: 52.7 Percentage Change: + 3.33% Day High: 53.9 Day Low: 50

Weakness on Foxtons below 50 will invariably lead to 47.5p viable. If bro ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 3.1 Percentage Change: + 24.40% Day High: 3.2 Day Low: 2.6

It may just be a butterfy stretching its wings but Hurricane is showing th ……..

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LSE:IAG British Airways Close Mid-Price: 145.32 Percentage Change: -4.07% Day High: 151.96 Day Low: 145.16

If British Airways experiences continued weakness below 145.16, it will ……..

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LSE:POLY Polymetal Close Mid-Price: 1372 Percentage Change: -1.26% Day High: 1405 Day Low: 1368

Target met. Continued weakness against POLY taking the price below 1368 c ……..

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LSE:PPC President Energy Close Mid-Price: 1.7 Percentage Change: -2.86% Day High: 1.75 Day Low: 1.62

Continued weakness against PPC taking the price below 1.62 calculates as ……..

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LSE:RKH Rockhopper Close Mid-Price: 7.85 Percentage Change: -7.92% Day High: 8.69 Day Low: 8

In the event Rockhopper experiences weakness below 8 it calculates with a ……..

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

#FTSE #Gold Here in Argyll. the excitement of seeing a nuclear sub quickly wanes, along with mild concern at Europes largest nuclear weapons store being just a few miles away. However, a client asked if we’ve ever looked at the price of Uranium as surely the world’s overwhelming demand more the element for cheaper, greener, energy, and also, a cleaner environment must be making the price attractive.

Oddly, we’ve never noticed ‘Green’ Political parties campaigning for more Nuclear power but from a common sense perspective, such an energy source does tend make a lot of sense. Especially now, as many years of expertise in handling uranium safely exist. Some fools even live, quite comfortably, with massive nuclear stores on their doorstep!

Unable to identify a reliable futures market for the product daily price movements, we did a little digging and quickly unearthed Uranium Energy Corp (AMEX:UEC), a US based mining and exploration company. At present, their share price is around 2.95 USD. Life promises to become interesting should the company start trading above $3.50 as this should trigger movement to $5.6 next. Above this level, things become fascinating, thanks to our secondary calculating at $8.17 and a new all time high. Perhaps all this needs are Green politicians to start promoting nuclear power as a future!

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FTSE for FRIDAY (FTSE:UKX) The UK market has experienced a pretty foul few days, closing the session on Thursday with a ‘lower low’ which dumped the index in a zone with the potential of ongoing reversals to 6830. Perhaps worse, the market has now broken it’s 8th uptrend in a year. Despite none of the previous trend breaks proving to be a precursor to disaster, the unpleasant situation now is the index requires above 7088 currently before any recovery dare be taken seriously. Regaining a trend is always a good thing, we find.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

Near term, below 6998 points threatens reversal to an initial 6977 points. If broken, our secondary calculates at 6944 points. If triggered, the tightest stop feels like 7053 points.

Alternately, above 7053 works out with an initial ambition of 7088 points, a curious number given the level required to regain the prior uptrend. Our secondary calculation is quite surprising, apparently movement above 7088 should provoke rapid gains in the direction of 7200. Rather neatly, such a target will serve to wipe out the losses of the last few days.

Have a good weekend. Hopefully the coming Grand Prix proves less boring than last weekends.

As always, massive thanks to those kind folk who discover 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
9:48:06PM	BRENT	71.01	70.88	70.575		71.67	72.93	73.21		71.86	Sorry
9:49:53PM	GOLD	1794.34	1783	1778		1795	1801	1807		1786
9:53:44PM	FTSE	7008	6990	6946		7045	7068	7077		7003	Success
10:12:03PM	FRANCE	6657.5	6649	6630		6670	6708.4	6722		6659	Success
10:14:05PM	GERMANY	15575.47	15526	15472.5		15615	15696	15720		15583
10:15:45PM	US500	4492.97	4486	4466		4508	4522	4531		4497
10:19:21PM	DOW	34877.5	34786	34651.5		34988	35040	35130		34840	Shambles
10:30:47PM	NASDAQ	15562	15545	15476		15630	15642	15677.5		15543
10:32:40PM	JAPAN	30102	30018	29939		30136	30198	30272.5		30055	Success

9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of -100%. Total value traded through LSE was: £ 4,992,272,040 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:TLW Tullow** **

********

Updated charts published on : Asos, Barrett Devs, Block Energy PLC, British Telecom, Centamin, EasyJet, Hargreaves Lansdown, HSBC, British Airways, Natwest, Polymetal, Royal Mail, Tullow,

LSE:ASC Asos Close Mid-Price: 3153 Percentage Change: -5.88% Day High: 3376 Day Low: 3133

Target met. If Asos experiences continued weakness below 3133, it will in ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 690.6 Percentage Change: + 0.94% Day High: 690.8 Day Low: 676.8

Weakness on Barrett Devs below 676.8 will invariably lead to 643 with sec ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 2.73 Percentage Change: -0.73% Day High: 3.05 Day Low: 2.73

All Block Energy PLC needs are mid-price trades ABOVE 3.05 to improve acc ……..

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LSE:BT.A British Telecom Close Mid-Price: 161.2 Percentage Change: -2.21% Day High: 163.55 Day Low: 159.35

Target met. If British Telecom experiences continued weakness below 159.3 ……..

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LSE:CEY Centamin Close Mid-Price: 92.48 Percentage Change: -1.78% Day High: 94.54 Day Low: 92.44

Weakness on Centamin below 92.44 will invariably lead to 90p but importan ……..

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LSE:EZJ EasyJet Close Mid-Price: 708.2 Percentage Change: -10.24% Day High: 756.2 Day Low: 680

Target met. Continued weakness against EZJ taking the price below 680 cal ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1446 Percentage Change: -2.33% Day High: 1475 Day Low: 1433

If Hargreaves Lansdown experiences continued weakness below 1431 it calcu ……..

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LSE:HSBA HSBC Close Mid-Price: 376.45 Percentage Change: -1.08% Day High: 379.4 Day Low: 373.5

If HSBC experiences continued weakness below 373.5, it will invariably le ……..

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LSE:IAG British Airways Close Mid-Price: 151.48 Percentage Change: -1.06% Day High: 152.02 Day Low: 146.64

Target met. In the event British Airways experiences weakness below 146. ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 42.51 Percentage Change: + 0.24% Day High: 42.78 Day Low: 41.35

Continued weakness against LLOY taking the price below 41.35 calculates a ……..

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LSE:NWG Natwest Close Mid-Price: 208.9 Percentage Change: -0.67% Day High: 210.1 Day Low: 206.8

Now looking dangerous, travel below 206.8 suggests continued reversal to 2 ……..

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LSE:POLY Polymetal Close Mid-Price: 1389.5 Percentage Change: -3.17% Day High: 1430.5 Day Low: 1389

Target met. If Polymetal experiences continued weakness below 1389, it wi ……..

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LSE:RMG Royal Mail Close Mid-Price: 475.7 Percentage Change: -1.61% Day High: 481.3 Day Low: 469.1

Target met. If Royal Mail experiences continued weakness below 469.1, it ……..

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LSE:TLW Tullow Close Mid-Price: 40.39 Percentage Change: -2.98% Day High: 41.64 Day Low: 40.27

Continued weakness against TLW taking the price below 40.27 calculates as ……..

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

#FTSE #SP500

We finally remembered to take a glance at the German market again, hoping to find a share worthy of some examination. There are numerous facilities on the internet, giving lists of the most active shares on markets. For Germany, Steinhoff topped the list, even meriting a “Strong Buy” rating though we’re not familiar with the process used for such a definition.

The company, Steinhoff International, are a South African/German/Dutch company with listings SA and Germany. They deal mainly in furniture and household goods, operating worldwide and a trawl of the corporate website was surprising, insofar as we’d never heard of the company despite their massive presence. Then again, here in the UK, we notice the company ‘Poundland’ are one of their subsidiaries, literally the only company name we recognised from UK high streets. Perhaps our island is simply too small to deserve notice.

 

Something quite peculiar happened the other day with Steinhoff share price. Just after 2pm on Monday, it was spiked down to 0.06 Euro, recovering within half an hour and is presently trading around 0.215 Euro. Over the years, we’ve learned to pay attention to spikes are they can easily be used by the markets to generate movement of some strength. However, our favourite flavour of spikes generally take place at the market open, rather than half way through the trading day. With the aggressive nature of this particular drop and recovery, even if it was simply a “fat finger” moment, we suspect the market shall doubtless use the added bandwidth to provide some future gains.

As the chart below highlights, the drop on Monday, while taking the price momentarily below the Blue downtrend, saw the share close in an area of safety. It’s easy to feel sorry for the folk who thought their ‘Stop Loss’ level was safe, tucked discreetly below a 3 year old trend.

As a result, movement next exceeding 0.24 Euro looks very capable of producing recovery toward an initial 0.30 Euro. If bettered, our longer term calculation gives 0.46 as a reasonable ambition sometime in the future.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:21PM	BRENT	72.46									‘cess
9:59:48PM	GOLD	1789.42									‘cess
10:04:40PM	FTSE	7085.56	7065	7053	7028	7106	7133	7160	7195	7087	Success
10:06:37PM	FRANCE	6663.5									Success
10:08:55PM	GERMANY	15615.3									Success
10:22:52PM	US500	4513.17	4505	4500.5	4484	4521	4522	4528	4540	4504	Success
10:25:30PM	DOW	35029									Success
10:28:00PM	NASDAQ	15611									Success
10:29:48PM	JAPAN	29959									‘cess

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -100%. Total value traded through LSE was: £ 7,249,282,364 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:CEY Centamin** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:QFI Quadrise** **LSE:VEC Vectura** **

********

Updated charts published on : Asos, Barrett Devs, Centamin, HSBC, British Airways, IQE, Lloyds Grp., Quadrise, Vectura,

LSE:ASC Asos Close Mid-Price: 3350 Percentage Change: -3.54% Day High: 3438 Day Low: 3302

Target met. In the event Asos experiences weakness below 3302 it calculat ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 684.2 Percentage Change: -3.44% Day High: 704.4 Day Low: 686.8

If Barrett Devs experiences continued weakness below 686.8, it will invar ……..

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LSE:CEY Centamin Close Mid-Price: 94.16 Percentage Change: -0.99% Day High: 95.48 Day Low: 94

In the event Centamin experiences weakness below 94 it calculates with a ……..

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LSE:HSBA HSBC Close Mid-Price: 380.55 Percentage Change: -0.51% Day High: 381.75 Day Low: 375.65

Target met. In the event HSBC experiences weakness below 375.65 it calcul ……..

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LSE:IAG British Airways Close Mid-Price: 153.1 Percentage Change: -1.14% Day High: 159.54 Day Low: 152.5

Target met. Continued weakness against IAG taking the price below 152.5 c ……..

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LSE:IQE IQE Close Mid-Price: 43.7 Percentage Change: -5.00% Day High: 46.6 Day Low: 43.5

In the event IQE experiences weakness below 43.5 it calculates with a dro ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 42.41 Percentage Change: -1.95% Day High: 42.92 Day Low: 42.25

Weakness on Lloyds Grp. below 42.25 will invariably lead to 3 promoting r ……..

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LSE:QFI Quadrise Close Mid-Price: 4 Percentage Change: -0.37% Day High: 4.01 Day Low: 4

In the event of Quadrise enjoying further trades beyond 4.5p, the share sh ……..

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LSE:VEC Vectura. Close Mid-Price: 163.8 Percentage Change: + 0.00% Day High: 164 Day Low: 163.8

Currently painfully slow, movement next above 167p should aim for an initi ……..

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

#France #Dax A wry smile was justified, when reading the news Ryanair were not going ahead with their massive order for a bunch of new Boeing aircraft. The company announcement, during the worst part of the pandemic was, we felt, suspicious. At the time, we wondered if it was a PR exercise to help defend Boeing or perhaps, a manoeuvre to essentially suggest airline shares have a strong future.

Whatever the company master plan, we can only suspect the posturing about buying 76 new Boeing 737 Max is no longer needed. Ryanair share price has successfully recovered to pre-pandemic highs but, for the last 9 months, has essentially flatlined, the share price fluffing around within a 2 Euro trading range. Passenger numbers, apparently already showing a substantial improvement, will doubtless surge in 2022 as familiarity with vaccines, covid case handling, and more efficient methods of handling cattle at airports are introduced.

There’s another aspect of flying, one we had been unaware of. Apparently passenger jets also carry freight. The combination of the pandemic, along with political incompetence over Brexit, combined to ensure industries like shellfish and salmon have seen their exports crash by around 95%. This reduction in freight business must be harming some airlines as freight in the opposite direction is also being affected, the Brexit poison chalice continuing to cause shortages in virtually every sector of life. Recent news of builders merchant, Jewson, now rationing supplies to the trade and warning of 20% price rises, will doubtless provoke nerves in the construction industry with a necessary knock-on for share prices.

 

Returning to Ryanair, their share price has proven directionless in 2021, the price still needing exceed 17.6 Euro to give an indication some price recovery is coming. From a chart perspective, there’s a perfect example of a “glass ceiling”, the share reaching a flight level first defined at the start of 2018 and effectively maintained as a ‘thou shall not pass” level since. Movements now above 17.6 calculate with the potential of an initial 19.5 with our secondary, if exceeded, working out at 22 Euro and a new all time high. This, for an airline which is always rated “worst” for customer service, still surprises us.

Ryanair share price needs below 14.5 Euro to justify early onset concern.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

Many thanks again to the kind folk who find advertising on this page worthy of a visit. We’re almost at the stage of buying a new Ferrari every day. Hopefully the eBay site selling the photo’s doesn’t increase their prices!!!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:58:06PM	BRENT	71.43									‘cess
10:00:37PM	GOLD	1794.24									Success
10:04:04PM	FTSE	7128.94									‘cess
10:06:51PM	FRANCE	6705.7	6701	6696	6677	6721	6729	6736	6741	6712	‘cess
10:09:40PM	GERMANY	15829	15820	15812	15763	15855	15864	15878	15901	15820
10:26:03PM	US500	4520.07									‘cess
10:29:04PM	DOW	35100.3									Success
10:31:49PM	NASDAQ	15673									‘cess
10:34:05PM	JAPAN	29921									Success

 

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of -100%. Total value traded through LSE was: £ 4,211,324,881 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **

********

Updated charts published on : Asos, EasyJet, Foxtons, British Airways, IQE, ITM Power, ITV, Marks and Spencer, Tesco,

LSE:ASC Asos Close Mid-Price: 3473 Percentage Change: -0.49% Day High: 3546 Day Low: 3465

Continued weakness against ASC taking the price below 3465 calculates as ……..

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LSE:EZJ EasyJet Close Mid-Price: 778 Percentage Change: -2.04% Day High: 796.4 Day Low: 772.6

Target met. In the event EasyJet experiences weakness below 772.6 it calc ……..

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LSE:FOXT Foxtons Close Mid-Price: 52.2 Percentage Change: -1.88% Day High: 53.5 Day Low: 51.5

This is not a happy share, currently indicating weakness below 51 shall ma ……..

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LSE:IAG British Airways Close Mid-Price: 154.86 Percentage Change: -1.00% Day High: 157.54 Day Low: 154.72

Weakness on British Airways below 154.72 will invariably lead to 153 and ……..

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LSE:IQE IQE Close Mid-Price: 46 Percentage Change: -12.88% Day High: 51.6 Day Low: 46

This is not looking great today, share price moves below 46 suggesting a c ……..

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LSE:ITM ITM Power Close Mid-Price: 517.5 Percentage Change: -0.48% Day High: 536 Day Low: 515.5

In the event of ITM Power enjoying further trades beyond 536, the share s ……..

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LSE:ITV ITV Close Mid-Price: 116.6 Percentage Change: -0.38% Day High: 116.95 Day Low: 115.8

Movement now below 111 promises reversal to an initial 98 with secondary, ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 187.1 Percentage Change: + 3.34% Day High: 189.9 Day Low: 183

Target met. Further movement against Marks and Spencer ABOVE 189.9 should ……..

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LSE:STAN Standard Chartered Close Mid-Price: 459.1 Percentage Change: -0.04% Day High: 462.4 Day Low: 456.7

The price now needs above 472 to suggest coming movement to an initial 502 ……..

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LSE:TSCO Tesco. Close Mid-Price: 258.4 Percentage Change: + 0.39% Day High: 259.6 Day Low: 257.1

Further movement against Tesco ABOVE 259.6 should improve acceleration to ……..

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

#Gold #Nasdaq An email flooded in, complaining we cover Lloyds too often, even using the word “obsessed…” It’s probably true to say UK retail banks deserve less coverage that we give, thanks to their pitiful share price movements. However, clients prefer we maintain a close watch the the retail banks, after all, they must do something useful at some point? Mustn’t they?

Fairly recently, Bloomberg TV had a couple of segments, essentially promoting the UK banking sector as worth watching closely. The consensus was one we think everyone knows, the share prices are probably undervalued and the sector has failed to perform with similar flamboyance to similar markets in Europe and North America. A US Hedge Fund guy appeared confident he’d discovered a sleeping giant whereas another talking head asserted it’s all just a matter of time. We actually run daily analysis on each of the big three retail banks, constantly hoping to see a signal something is coming, and by producing a Big Picture report on each every three weeks, it forces us to re-evaluate the sector potentials.

However, when someone takes time to complain a report against Lloyds every three weeks is too often, should this be regarded as a suggestion investors are now completely fed up with the banks? If so, the wider implications for the stock market must justify pause for thought, if private traders have become jaded with what should be the core of the market, the Financial Sector.

 

Obviously, this has absolutely nothing to do with FTSE 250 member, Crest Nicholson, a 55 year old building company focussed in the south of England. According to their website and a quick trawl of Google news, the company build a surprising range of properties of varied size, also collaborating with housing associations, financial institutions, and Homes England.

Their share price has experienced considerable, understandable, trauma since the pandemic crash last year and has not yet recovered to the pre-pandemic highs above 500p. The good news, despite recent lethargic behaviour, there are early signs some gains should be coming soon. Presently trading around 423p, we’d hope movement above just 431p should trigger recovery toward an initial 455p. As the chart shows, this should challenge the Blue downtrend of the last 5 years, hopefully creating a scenario for longer term fireworks.

Closure above 455p will doubtless be crucial, expecting a gain thereafter toward 499p. In the event 499p is exceeded, we calculate a cycle should commence toward a longer term 640p. Visually, given prior highs back in 2017, we’d anticipate some hesitation, should such a level make an appearance.

Trends and Targets. Past performance is not a reliable indicator of future results.

Again, our thanks to the kind folk who continue to find adverts on this page worth a visit. (Today, coffee AND croissants!)

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:20:25PM	BRENT	71.94
10:22:17PM	GOLD	1823.81	1819	1814.5	1808	1828	1830	1833	1837	1821
10:25:03PM	FTSE	7186.29									‘cess
10:28:41PM	FRANCE	6746									Success
10:36:53PM	GERMANY	15935									Success
10:38:47PM	US500	4547
10:40:48PM	DOW	35437
10:42:55PM	NASDAQ	15702	15644	15630	15604	15680	15708	15743	15807	15642	‘cess
10:49:56PM	JAPAN	30085									Success

 

 

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of 0.34%. Total value traded through LSE was: £ 4,211,324,881 a change of 13.85%

26/08/2021 FTSE Closed at 7124 points. Change of -100%. Total value traded through LSE was: £ 3,698,877,507 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:EXPN Experian** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **

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Updated charts published on : Asos, Avacta, Experian, Firstgroup, Fresnillo, Gulf Keystone, ITM Power, Rockhopper,

LSE:ASC Asos Close Mid-Price: 3490 Percentage Change: -0.14% Day High: 3583 Day Low: 3489

Weakness on Asos below 3489 will invariably lead to 3350 with secondary ( ……..

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LSE:AVCT Avacta. Close Mid-Price: 140.5 Percentage Change: + 2.93% Day High: 145 Day Low: 135.5

All Avacta needs are mid-price trades ABOVE 145 to improve acceleration t ……..

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LSE:EXPN Experian. Close Mid-Price: 3313 Percentage Change: + 2.03% Day High: 3319 Day Low: 3254

Target met. In the event of Experian enjoying further trades beyond 3319, ……..

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LSE:FGP Firstgroup. Close Mid-Price: 90 Percentage Change: + 1.12% Day High: 95 Day Low: 88.35

Continued trades against FGP with a mid-price ABOVE 95 should improve the ……..

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LSE:FRES Fresnillo Close Mid-Price: 858 Percentage Change: -0.51% Day High: 870.8 Day Low: 850

Further movement against Fresnillo ABOVE 870.8 should improve acceleratio ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 188 Percentage Change: + 2.51% Day High: 193.8 Day Low: 183.2

Target met. In the event of Gulf Keystone enjoying further trades beyond ……..

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LSE:ITM ITM Power. Close Mid-Price: 520 Percentage Change: + 3.17% Day High: 528 Day Low: 497

Target met. Continued trades against ITM with a mid-price ABOVE 528 shoul ……..

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LSE:RKH Rockhopper Close Mid-Price: 8.55 Percentage Change: -1.72% Day High: 8.8 Day Low: 8.41

If Rockhopper experiences continued weakness below 8.41, it will invariab ……..

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