Author: T&T Staff

#Brent #Dax

Sometimes, I suspect my foibles drive my wife crazy.  She’ll sometimes go to bed around 9pm, thanks to a commute which starts at 5am and as every bloke knows, you’re only wide awake from 9pm onward. In the last year, evenings same me built a rock grinding machine, a generator, and a room heater for pyromaniacs. But top marks were awarded to my bread making fascination.

As a Coeliac, gluten free bread became essential and as a Diabetic, the right bread was difficult to say the least. Eventually producing something which was edible though quite literally unable to be toasted, possibly due to almond flour creating fireproof content. But I kept experimenting while my wife slept, constantly improving/changing the recipe until things started to approach the dizzy heights of edible. Unfortunately, along came Deutsche Bank and the inevitable memory of Munich hauptbahnhof (central station), a delight in the 1990’s when travelling to Frankfurt for waste of time meetings. Early mornings at the hauptbahnhof introduced me to chocolate croissants, possibly the best in the world, from one of the many vendors with carts. They were literally so good, when I left Munich for the last time to drive home, a stop at the railway station to pick up an order of 40 was mandated.

Inspiration comes from strange places! Deutsche Bank’s troubles a reminder of Munich station, influenced an attempt to reproduce the flavour of these croissants and thankfully, success arrived just before the clocks changed for summer. Rather than employ normal chocolate, nirvana came from dark chocolate with something like 90% cacoa, safe for Diabetics and, to be fair, pretty disgusting otherwise. But grating the stuff and embedding a layer into my bread mix, once the dough had sat for an hour or two, created a dough which, when cooked, took me back to Munich and the perfect croissant.

 

No matter how kindly I’m inclined toward Germany (just because of a croissant!), it looks certain Deutsche Bank are in quite a bit of trouble. Weakness continuing below 7.94 looks very capable of an attempt at 7.04 next with secondary, if broken, at 6.83. The proximity of these target levels tends suggest an imminent bounce point, one which is visually hard to justify as overall, there’s a heck of an argument suggesting our croissant inspiration shall eventually bottom at 3.11€

At present, DBK needs above 10.4€ to escape this horrible and ridiculous looking fate, a share price lower than the good old days of Covid-19 and 4.44€. Who knows, perhaps the market shall believe the platitudes from German politicians stating Deutsche Bank is as solid as they come?

 

 

Lloyds Bank managed to assiduously avoid being gapped above 54p in the period since our last analysis,  calling into question any reason for optimism. While manipulation gaps have certainly appeared against Lloyds, the imperative has been to force the price downward, the share price clearly singing from the same songbook as the rest of the banking sector. The situation now is quite caustic, demanding Lloyds trade above 49.5p to next enter a cycle to 51.3p with secondary, if exceeded, calculation at a potentially game changing 56p.

However, the converse is now looking dangerously probable.

Lloyds Banking Group has now closed at the lowest level of 2023, the share price looking dodgy and doubtless reflecting the confidence folk feel, once again, for the prospects for the banking sector. From a glance through internet chat rooms, about the only saving grace was a comment from a team of analysts at Bank of America, suggesting they’ve identified the next market bubble and now is the time to sell shares rather than buy. A fairly straightforward suggestion is, if a bank says one thing, it’s probably the perfect time to do the exact opposite!

 

On the basis the plethora of signals advocating more reversals in bank share prices shall prove correct, Lloyds has the capacity to become troubling, should their share price stumble below 44.9p as reversal to an initial 43p calculates as possible. Breakage of such a target level is troublesome, working out with the chance of a visit to 41.5p, along with a distinct probability of the price closing a session below Red on the chart. This would effectively move the share value from Near Term calculations into Bigger Picture calculations with the opportunity for more energetic reversals, perhaps even kicking off a cycle which shall hopefully bottom eventually around the 29p level.

We live in interesting times.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:55:47PM	BRENT	74.69	72.33	71.95	70.23	73.87	75.1	76.08	77.33	74
9:57:21PM	GOLD	1978.98								1989
9:59:24PM	FTSE	7424.75								7408
10:02:26PM	STOX50	4151.8								4175
10:04:25PM	GERMANY	15019	14901	14853	14700	14984	15183	15271	15428	15086
10:07:59PM	US500	3971.02								3942
10:10:55PM	DOW	32252								32028
10:13:16PM	NASDAQ	12765								12699
10:16:27PM	JAPAN	27386								27292

 

24/03/2023 FTSE Closed at 7405 points. Change of -1.25%. Total value traded through LSE was: £ 5,661,322,709 a change of -17%

23/03/2023 FTSE Closed at 7499 points. Change of -0.89%. Total value traded through LSE was: £ 6,821,003,257 a change of 31.84%

22/03/2023 FTSE Closed at 7566 points. Change of 0.4%. Total value traded through LSE was: £ 5,173,752,790 a change of 1.87%

21/03/2023 FTSE Closed at 7536 points. Change of 1.8%. Total value traded through LSE was: £ 5,078,878,926 a change of -18.94%

20/03/2023 FTSE Closed at 7403 points. Change of 0.93%. Total value traded through LSE was: £ 6,265,515,535 a change of -57.61%

17/03/2023 FTSE Closed at 7335 points. Change of -1.01%. Total value traded through LSE was: £ 14,781,854,376 a change of 86.96%

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

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:AML Aston Martin** **LSE:AVCT Avacta** **LSE:CCL Carnival** **LSE:EME Empyrean** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:SDY Speedyhire** **

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Updated charts published on : Avacta, Carnival, Empyrean, ITM Power, Intertek, Speedyhire,

LSE:AML Aston Martin Close Mid-Price: 212.8 Percentage Change: -4.10% Day High: 226.9 Day Low: 210.5

Target met. Weakness on Aston Martin below 210.5 will invariably lead to ……..

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LSE:AVCT Avacta. Close Mid-Price: 113.5 Percentage Change: + 0.89% Day High: 116.5 Day Low: 108.5

In the event Avacta experiences weakness below 108.5 it calculates with a ……..

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LSE:CCL Carnival Close Mid-Price: 652.6 Percentage Change: -2.54% Day High: 681.8 Day Low: 648.2

If Carnival experiences continued weakness below 648.2, it will invariabl ……..

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LSE:EME Empyrean Close Mid-Price: 1.1 Percentage Change: -11.49% Day High: 1.1 Day Low: 1.1

Continued weakness against EME taking the price below 1.1 calculates as l ……..

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LSE:ITM ITM Power Close Mid-Price: 75.06 Percentage Change: -4.02% Day High: 78.98 Day Low: 72.92

In the event ITM Power experiences weakness below 72.92 it calculates wit ……..

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LSE:ITRK Intertek Close Mid-Price: 3923 Percentage Change: -1.97% Day High: 3997 Day Low: 3906

If Intertek experiences continued weakness below 3906, it will invariably ……..

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LSE:SDY Speedyhire Close Mid-Price: 33.25 Percentage Change: -0.75% Day High: 33.5 Day Low: 32.9

Weakness on Speedyhire below 32.9 will invariably lead to 31.7 with secon ……..

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

#FTSE #GOLD

I always had a soft spot for Radio 2’s Ken Bruce, if only because we attended the same primary school, tho’ quite a few years apart. His popular Popmaster quiz show had a question section, asking callers to name the year when something charted. Inevitably, callers were wrong, prompting the show host to utter “One Year Out!”, something which became a catchphrase.

Last weeks FTSE for Friday enacted something similar for ourselves, the potential Short position bouncing from 7205 points on Monday, whereas our secondary target was 7204 points. One Point Out and perhaps the bounce slightly above the 206 point drop implied the potential for strength, even though it was just one point.

And then came Wednesday…

Wednesday decided to trigger our converse Long scenario for the FTSE, the session successfully topping out at 7585 points. Our secondary target had been 7584 points. Again, One Point Out and a successful gain of 174 points.  Perhaps, by beating our gain target by a single point, it also implies the potential for strength.

The mad thing is, last Friday we successfully managed to define both the Low and the High for the coming week, something which wasn’t really our intention. But in producing targets for the near future, the ugly issue of time always appears. We always feel timeframes are a pretty major issue, whereas numbers rarely lie and simply open the door for patience. The aim in our Friday column is to look at both the Big Picture and immediate picture, trying to discover areas where both scenario create similar target levels. With this method, about the best we dare hope is a “within living memory” approach, one which thankfully works out fairly reliably.

But this is certainly the first time we can remember defining the highs and lows of a week on the market. Of course, we’re a little nervous decreeing strength is now upon as “One Point Out” doesn’t present the most confident argument of strength for the future, thanks to a single point only representing 0.13% of movement from a 7410 starting point!

Importantly, the FTSE still has not managed to regain a place above the Blue downtrend since 2018, a pity as this would be almost a “no brainer” signal to imply a cycle upward is expected. The immediate picture presents a scenario, where movement next above 7592 looks capable of dragging the index upward to an initial 7664 points with secondary, if bettered, an impressive 8067 points. If triggered, the market will require to slither below 7500 to make it suddenly unlikely. Maybe it all depends on whether the market intends to trap the FTSE within the Red tramlines on the chart above.

 

Our converse scenario for a short position actually looks more likely.

Trouble now below 7475 points should prove capable of triggering reversal to an initial 7451 points with secondary, if broken, down at 7406 points. Neither reversal potential “sticks the boot in” but there’s a serious issue if our secondary breaks as a visit to 7192 calculates as possible!

 

Have a good weekend. No Formula 1, so expect a boring one.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:51:42PM	BRENT	75.26	74.76	74.565		75.9	77.16	77.725		75.82
9:54:37PM	GOLD	1994.1	1963	1949		1984	2004	2011		1988	‘cess
9:56:49PM	FTSE	7455.9	7412	7367		7465	7463	7475		7428	‘cess
9:59:12PM	STOX50	4181.3	4154	4148		4182	4218	4246		4173	Shambles
10:03:50PM	GERMANY	15144	15007	14950		15159	15159	15223		15113	‘cess
10:06:43PM	US500	3955.84	3936	3911		3955	3986	4008		3957
10:43:11PM	DOW	32118	31832	31618		32170	32247	32400		32061
10:45:15PM	NASDAQ	12710	12584	12442		12750	12814	12865		12710
10:47:01PM	JAPAN	27316	27168	27105		27370	27389	27476		27305

 

23/03/2023 FTSE Closed at 7499 points. Change of -0.89%. Total value traded through LSE was: £ 6,821,003,257 a change of 31.84%

22/03/2023 FTSE Closed at 7566 points. Change of 0.4%. Total value traded through LSE was: £ 5,173,752,790 a change of 1.87%

21/03/2023 FTSE Closed at 7536 points. Change of 1.8%. Total value traded through LSE was: £ 5,078,878,926 a change of -18.94%

20/03/2023 FTSE Closed at 7403 points. Change of 0.93%. Total value traded through LSE was: £ 6,265,515,535 a change of -57.61%

17/03/2023 FTSE Closed at 7335 points. Change of -1.01%. Total value traded through LSE was: £ 14,781,854,376 a change of 86.96%

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

15/03/2023 FTSE Closed at 7344 points. Change of -3.84%. Total value traded through LSE was: £ 8,338,790,623 a change of 43.77%

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:AVCT Avacta** **LSE:CCL Carnival** **LSE:SMT Scottish Mortgage Investment Trust** **

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Updated charts published on : Aston Martin, Avacta, Carnival, Scottish Mortgage Investment Trust,

LSE:AML Aston Martin Close Mid-Price: 221.9 Percentage Change: -0.89% Day High: 228 Day Low: 217.3

Below 216 still indicates 213 with some bounce potentials but, if broken, ……..

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LSE:AVCT Avacta Close Mid-Price: 112.5 Percentage Change: -5.06% Day High: 117.5 Day Low: 111

Continued weakness against AVCT taking the price below 111 calculates as ……..

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LSE:CCL Carnival. Close Mid-Price: 669.6 Percentage Change: + 0.27% Day High: 686 Day Low: 650.8

Movement now below 650 suggests coming weakness to 600 and hopefully a bou ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 670 Percentage Change: + 2.17% Day High: 670.8 Day Low: 643.8

If Scottish Mortgage Investment Trust experiences continued weakness belo ……..

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

#SP500 #Japan225

The former boss of Sainsbury blamed Brexit for “horribly hurting” supermarkets, doubtless pausing his perusal of “Which Private Jet” to feed a clickbait headline. There can be little doubt UK supermarkets are guilty of profiteering at present, something anyone who’s been involved with retail will know. Even Lidl, while issuing a robust response to the accusation, failed to offer any defence to their price rises when presented with examples. At risk of going “Daily Mail”, they’re all at it.

Or are they?

Folk who’ve been active in retail at a senior level learn fairly quickly how easy it is to make enhanced profits in time of turmoil. Oil tanker drivers on strike, forecourts closed? Record profits. Sugar shortages across the UK, record profits. Power cuts restricting trading hours, record profits. Hot weather causing ice cream shortages, record profits. The list is literally endless with Lockdown being a conspicuous exception to the rule. Except those business which survived are being afforded the chance to get away with boosting prices without any real criticism. One oddball to these scenario is our local petrol station here in Argyll, their forecourt prices proving sufficient to justify paying the return vehicle trip from the mainland. Their secret, a fabulous grocery section and a captive market where they quickly realise any error in pricing.

To be mildly ridiculous, when milk moved from £1.10 to £1.90 for the four pint cartons, folk stopped buying, the price came down. The first warning sign came on a Sunday evening, the dairy shelves usually an empty desert awaiting Mondays deliveries. But as the price was gouged upward, a frantic run to buy milk for the next days latte discovered shelves still full of product.

 

With Tesco, given their position as one of the leading profiteers in groceries and fuel, common sense demands we should anticipate continued record profits for the company, presumably with commensurate gains in the company share price. After all, “hope” tends prove to be a powerful aphrodisiac for traders who’ll cheerfully assume happy days are here to stay.

The immediate situation allows a scenario, where Tesco exceeding 264p should now trigger price growth to an initial 280p with our longer term secondary, if bettered, at a future 312p and price levels not seen since 2014. This game plan should be fascinating, even allowing for a third target level of 346p should Tesco prove sufficiently strong to close above the Blue downtrend.

 

For everything to go wrong, Tesco share price needs below Red on the chart as such a situation makes reversal to 135p exceedingly probable.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:41:27PM	BRENT	75.59									‘cess
9:43:19PM	GOLD	1970.38									Success
9:46:30PM	FTSE	7515.77
9:48:43PM	STOX50	4161.3									‘cess
9:51:38PM	GERMANY	15116									Shambles
10:06:39PM	US500	3945.62	3935	3909	3864	3977	4016	4019	4047	3994	Success
10:08:38PM	DOW	32107									Shambles
10:11:00PM	NASDAQ	12592									Success
10:12:52PM	JAPAN	27245	27193	27105	26935	27380	27487	27527	27637	27380	‘cess

 

22/03/2023 FTSE Closed at 7566 points. Change of 0.4%. Total value traded through LSE was: £ 5,173,752,790 a change of 1.87%

21/03/2023 FTSE Closed at 7536 points. Change of 1.8%. Total value traded through LSE was: £ 5,078,878,926 a change of -18.94%

20/03/2023 FTSE Closed at 7403 points. Change of 0.93%. Total value traded through LSE was: £ 6,265,515,535 a change of -57.61%

17/03/2023 FTSE Closed at 7335 points. Change of -1.01%. Total value traded through LSE was: £ 14,781,854,376 a change of 86.96%

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

15/03/2023 FTSE Closed at 7344 points. Change of -3.84%. Total value traded through LSE was: £ 8,338,790,623 a change of 43.77%

14/03/2023 FTSE Closed at 7637 points. Change of 1.18%. Total value traded through LSE was: £ 5,799,952,343 a change of -34.08%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Lloyds Grp., Natwest,

LSE:BARC Barclays Close Mid-Price: 142.66 Percentage Change: -0.34% Day High: 147.84 Day Low: 140.68

Further movement against Barclays ABOVE 147.84 should improve acceleratio ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 364.8 Percentage Change: + 2.30% Day High: 376.4 Day Low: 355.8

All BALFOUR BEATTY needs are mid-price trades ABOVE 376.4 to improve acce ……..

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LSE:CASP Caspian. Close Mid-Price: 6.25 Percentage Change: + 0.81% Day High: 6.25 Day Low: 6.15

In the event Caspian experiences weakness below 6.15 it calculates with a ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 47.77 Percentage Change: -0.82% Day High: 49.04 Day Low: 47.7

All Lloyds Grp. needs are mid-price trades ABOVE 49.04 to improve acceler ……..

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LSE:NWG Natwest Close Mid-Price: 269.2 Percentage Change: -1.17% Day High: 280.2 Day Low: 269.5

Target met. Continued trades against NWG with a mid-price ABOVE 280.2 sho ……..

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

#FTSE #Stoxx50 

Since 2008, Taylor Wimpey has done nothing particularly useful. Okay, we’ll concede their share price hit 4.28p during the Financial crisis, boosting to 240p in the period since, a pretty solid gain for the doubtless millions of traders who lie about these things, fondly remembering the ’56x bagger when they bought at the low and sold at the high. In fairness, most traders tend dwell on their mistakes and missed opportunities, rather than boast about the improbable.

The problem with Taylor Wimpey is fairly straightforward.

Their share price needs exceed 263p to convince us it has made a successful transit from the damage caused by the last major crash, entering a cycle where proper recovery is probable for the longer term. This is a share which topped out at 542p in 2007, is currently trading around 115p, and has essentially struggled during the last fifteen years. So, we’re effectively consigned to looking for any scenario which may boost their share above the 263p level!

How hard can it be as the ruling downtrend is only around 163.741p currently?

Now we think about it, perhaps it shall make more sense to look for reasons why the ruling downtrend may finally be exceeded…

 

The immediate situation demands trades above 125p to trigger share price recovery to an initial 151p and some possible hesitation. Should this level be exceeded, things become a tad more interesting for the longer term, our secondary calculating at 174p and the chance for the builders share price to close above Blue on the chart, laying foundations for future growth in the direction of 226p, maybe even beyond. And there you have it.

All Taylor Wimpey needs to enter a track to an eventual 414p is go up by 10p from current. If only life were so simple. This outpouring of optimism comes with a few inevitable pratt-falls. Glancing at the chart, the visuals imply a strong suggestion of some stutters at the 174p level, the reason being fairly obvious. During 2021, the share price struggled to exceed such a point and there are doubtless a bunch of folk who “invested” at these highs, just begging to get their cash back. Invariably, this will create selling pressure, introducing a hesitation in growth. But the smarter (gulp) traders will notice this time, it has achieved such a price level while trading above the ruling downtrend, resting on the optimistic side of the Blue line. Similarly, the high of 2020 shall doubtless introduce a stutter, should the 226p target appear and once again, all our usual reasons for hesitation apply.

But in this instance, due to “the risk” of substantial growth beyond 226p, closure above this price level invents a seriously good reason to view Taylor Wimpey as a reasonable long term hold.

 

Hopefully nothing such as a banking crisis provides sufficient excuse for this share price to close a session below 84p. Such an event risks triggering reversal to an ultimate bottom of 22p, doubtless an ideal level to open a Long position and hope for the best!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:36:11PM	BRENT	74.92									‘cess
9:39:38PM	GOLD	1940.72									‘cess
9:46:01PM	FTSE	7558.72	7410	7370	7304	7450	7568	7604	7661	7495	Success
9:51:32PM	STOX50	4199	4140	4132	4104	4188	4216	4228	4244	4194	‘cess
9:53:39PM	GERMANY	15265									‘cess
9:55:52PM	US500	4007.22									‘cess
9:58:19PM	DOW	32568.9									‘cess
10:02:40PM	JAPAN	27346
10:04:56PM	NASDAQ	12742									Success

 

21/03/2023 FTSE Closed at 7536 points. Change of 1.8%. Total value traded through LSE was: £ 5,078,878,926 a change of -18.94%

20/03/2023 FTSE Closed at 7403 points. Change of 0.93%. Total value traded through LSE was: £ 6,265,515,535 a change of -57.61%

17/03/2023 FTSE Closed at 7335 points. Change of -1.01%. Total value traded through LSE was: £ 14,781,854,376 a change of 86.96%

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

15/03/2023 FTSE Closed at 7344 points. Change of -3.84%. Total value traded through LSE was: £ 8,338,790,623 a change of 43.77%

14/03/2023 FTSE Closed at 7637 points. Change of 1.18%. Total value traded through LSE was: £ 5,799,952,343 a change of -34.08%

13/03/2023 FTSE Closed at 7548 points. Change of -2.58%. Total value traded through LSE was: £ 8,798,482,438 a change of 25.79%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:CASP Caspian** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **

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Updated charts published on : Avacta, Barclays, Bowleven, Caspian, Lloyds Grp., Natwest,

LSE:AVCT Avacta. Close Mid-Price: 120 Percentage Change: + 0.00% Day High: 120.5 Day Low: 115

Weakness on Avacta below 115 will invariably lead to 97 with secondary, i ……..

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LSE:BARC Barclays. Close Mid-Price: 143.14 Percentage Change: + 4.97% Day High: 145.1 Day Low: 138.76

All Barclays needs are mid-price trades ABOVE 145.1 to improve accelerati ……..

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LSE:BLVN Bowleven Close Mid-Price: 1.25 Percentage Change: -9.09% Day High: 1.38 Day Low: 1.15

If Bowleven experiences continued weakness below 1.15, it will invariably ……..

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LSE:BP. BP PLC. Close Mid-Price: 503.4 Percentage Change: + 3.37% Day High: 508.4 Day Low: 489.9

In the event of BP PLC enjoying further trades beyond 508.4, the share sh ……..

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LSE:CASP Caspian Close Mid-Price: 6.2 Percentage Change: -1.59% Day High: 6.3 Day Low: 6.2

All Caspian needs are mid-price trades ABOVE 6.3 to improve acceleration ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.16 Percentage Change: + 4.46% Day High: 48.53 Day Low: 46.65

In the event of Lloyds Grp. enjoying further trades beyond 48.53, the sha ……..

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LSE:NWG Natwest. Close Mid-Price: 272.4 Percentage Change: + 5.66% Day High: 276.7 Day Low: 261.2

All Natwest needs are mid-price trades ABOVE 276.7 to improve acceleratio ……..

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

#Gold #Nasdaq

Inevitably, following the discovery of a single flake of gold on a beach at a local river, there was an driving urge to view a Gold share to inspect the market potentials. To come clean, the same beach featured on todays dog walk, unearthing a few other golden flakes with close inspection of a layer of black sand, an area where gold allegedly likes to hide.

It looks very like permission shall be sought from the farmer/landowner to try my luck with a gold panning kit, a very rarely used present from years ago, one of these joke birthday presents men of a certain age tend be presented with every year. It’s currently in the garden shed, at the very back and under a pile of untouched  fishing gear. After all, Scotgold here in Argyll claim to have around 4 tons of gold inside a mountain, their share price constantly failing to reflect any optimism.

However, Shanta Gold appear to be exhibiting some potentials, doubtless related to the constant little nudges upward the US dollar price of gold is experiencing. Currently, we can argue the Big Picture for Gold suggests $2125 as a viable longer term target. Or perhaps it’s to do with the undoubted slick photo’s of their gold extraction operation on their website. As someone addicted to Gold Rush and Bering Sea Gold on telly, the layout of Shanta’s operation makes the North American operations look like heavy machinery scrap yard’s trying to do something else.

 

At present, it looks like Shanta need only close a session above 12p to enter a movement cycle toward an initial 15.3p with secondary, if exceeded, calculating at an important 18.3p. Closure above 18.3p shall be regarded as important for the future, making a longer term 29p a viable proposition. Given the share price is presently trading around 11.8p, it certainly doesn’t need work hard to enact a fairly optimistic breakout for the future.

Their share price needs dig a hole below 9p to suggest trouble approaching, closing a session below Red on the chart and spoiling all our previous calculations.

For now, we suspect Shanta will prove worth watching.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:05:41AM	BRENT	73.35									Shambles
12:16:54AM	GOLD	1979.47	1965	1947	1926	1986	2011	2018	2037	1987	Success
12:19:03AM	FTSE	7421.84									Shambles
12:20:51AM	STOX50	4148.3									Success
12:23:57AM	GERMANY	15021.97									Success
12:26:38AM	US500	3967.5									Success
12:28:33AM	DOW	32330
12:30:19AM	NASDAQ	12602	12512	12479	12434	12577	12612	12662	12748	12512
12:32:39AM	JAPAN	27176

 

20/03/2023 FTSE Closed at 7403 points. Change of 0.93%. Total value traded through LSE was: £ 6,265,515,535 a change of -57.61%

17/03/2023 FTSE Closed at 7335 points. Change of -1.01%. Total value traded through LSE was: £ 14,781,854,376 a change of 86.96%

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

15/03/2023 FTSE Closed at 7344 points. Change of -3.84%. Total value traded through LSE was: £ 8,338,790,623 a change of 43.77%

14/03/2023 FTSE Closed at 7637 points. Change of 1.18%. Total value traded through LSE was: £ 5,799,952,343 a change of -34.08%

13/03/2023 FTSE Closed at 7548 points. Change of -2.58%. Total value traded through LSE was: £ 8,798,482,438 a change of 25.79%

10/03/2023 FTSE Closed at 7748 points. Change of -1.66%. Total value traded through LSE was: £ 6,994,694,563 a change of 6.35%

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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPT Spirent Comms** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **

********

Updated charts published on : Aston Martin, Asos, Aviva, Avacta, Barclays, BP PLC, Carnival, Genel, Gulf Keystone, British Airways, IG Group, Lloyds Grp., Music Magpie, Natwest, Scottish Mortgage Investment Trust, Spirent Comms, Standard Chartered, Tullow,

LSE:AML Aston Martin Close Mid-Price: 231.1 Percentage Change: -0.52% Day High: 245.1 Day Low: 216.5

If Aston Martin experiences continued weakness below 216, it will invariab ……..

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LSE:ASC Asos Close Mid-Price: 722 Percentage Change: -2.10% Day High: 737 Day Low: 686.5

Target Met. Below 686 presents a scenario giving reversal to an initial 59 ……..

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LSE:AV. Aviva. Close Mid-Price: 411.6 Percentage Change: + 2.34% Day High: 414.7 Day Low: 383.6

Target Met. 17/03/2023: If Aviva experiences continued weakness below 383 ……..

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LSE:AVCT Avacta Close Mid-Price: 120 Percentage Change: -7.55% Day High: 128.5 Day Low: 119

Target Met. Hopefully there shall be a bounce from the current level as th ……..

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LSE:BARC Barclays Close Mid-Price: 136.36 Percentage Change: -2.29% Day High: 138.04 Day Low: 128.16

Target Met. Now below 128 threatens reversal to 124 next with secondary, i ……..

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LSE:BP. BP PLC. Close Mid-Price: 487 Percentage Change: + 1.47% Day High: 492.5 Day Low: 467.1

Now below 467 indicates the risk of ongoing reversal to 438 with secondary ……..

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LSE:CCL Carnival Close Mid-Price: 630.2 Percentage Change: -0.72% Day High: 647.8 Day Low: 612

Below 612 remains on course for reversal to 519 with secondary, if broken, ……..

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LSE:GENL Genel Close Mid-Price: 111.4 Percentage Change: -1.76% Day High: 114 Day Low: 112

Below 111 indicates reversal potentials to an initial 104 with secondary, ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 170.8 Percentage Change: -0.23% Day High: 171.4 Day Low: 161.2

Below 161 still suggests a potential for reversal to 151 with secondary, i ……..

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LSE:IAG British Airways. Close Mid-Price: 137.66 Percentage Change: + 3.30% Day High: 139.28 Day Low: 127.8

Target Met. This needs above 145 to make some sense, allowing recovery to ……..

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LSE:IGG IG Group. Close Mid-Price: 692 Percentage Change: + 2.75% Day High: 694 Day Low: 658.5

Weakness on IG Group below 658 will invariably lead to 645 with secondary ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 46.1 Percentage Change: -0.31% Day High: 46.73 Day Low: 43.69

Now below 43.6 indicates the potential of reversal to an initial 43.1 with ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 26.6 Percentage Change: + 5.14% Day High: 26.6 Day Low: 23.1

Weakness now below 23 suggests coming travel to an initial 17p with second ……..

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LSE:NWG Natwest Close Mid-Price: 257.8 Percentage Change: -0.08% Day High: 259.8 Day Low: 237.2

Target Met. In the unlikely even this trips below 237p, reversal to an ini ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 662.2 Percentage Change: -1.34% Day High: 666 Day Low: 649

Target Met. Now needing above 738 to make any recovery appear viable, such ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 170.2 Percentage Change: + 0.89% Day High: 170.2 Day Low: 164.6

This isn’t looking great as continued traffic below 164 still indicates a ……..

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LSE:STAN Standard Chartered Close Mid-Price: 615 Percentage Change: -3.00% Day High: 619 Day Low: 578.8

Traffic continuing below 578 now points at 536 next with secondary, if bro ……..

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LSE:TLW Tullow Close Mid-Price: 27.6 Percentage Change: -4.63% Day High: 29.66 Day Low: 26.18

Now below 26 has the potential for reversal to 22 with secondary, if broke ……..

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

#Brent #Dax

Grand-daughters visiting for a joint mothers day afforded the opportunity to dovetail events into a story about Barclays share price. The current interest of one of the girls is hunting for treasure, specifically Geodes, these black rocks you can hit with a hammer, exposing a core of red, green, or commonly purple crystals. Argyll, the home of rocky ground and mountains, is a known source for these treasures, if you know where to look.

We don’t know where to look!

Sunday morning saw me detailed to entertain the girls, while their mother and her mother enjoyed croissants and coffee, along with chocolates and associated mothers day edibles. The plan, transparently, was to allow them to gorge the treats in peace, without sharing with grandchildren, Meanwhile, we got to walk in the rain, in the countryside. Rather than actually doing any real searching, low river levels suggested it might prove worthwhile examining areas where the river bank had collapsed, during serious rain earlier this year. The cunning plan proved worthwhile, my back-pack growing heavier as the morning continued although, to my untrained eye, it was already pretty obvious I was transporting common rocks, rather than crystal bearing Geodes.

Eventually, we reached a familiar rocky beach on the river, a favourite place to take the girls paddle boarding in summer, the fairly deep pool making the river flow slowly. Once again, the children started searching for Geodes, one utterly convinced she’s found a genuine one and handed me a bit of charcoal she’d dug out of the ground. Pretending to examine it carefully, the penny dropped she’d found genuine treasure. There was a little flake of gold among the grit attached to the charcoal. Finally excited, I attempted to enthuse the girls with news of their find as this was the real deal. We’d found Gold but neither was impressed. They wanted Geodes, rather than useless little fragments of metal.

It was only once we returned home, my wife and daughter suitably impressed with the Gold, did I discover the girls real motivation. Once the back pack was emptied, the girls had a great time using a selection of hammers to break the rocks open.

And this brings us to Barclays, ‘cos someone really needs hit it with a big hammer in the hope of finding value within!

The last three weeks have prove hostile to Barclays share price. It indeed reverse to our 150p, bounce briefly to an unimpressive 157p, and has now fallen further. It’s emphatically not a happy share price, doubtless not helped by the wider trauma amongst banks. News over the weekend of UBS buying Credit Suisse to contain the crisis feels oddly reminiscent of Halifax taking over Bank of Scotland in a government forced deal, when the previous banking crisis was gathering steam in 2008.

By around just 0.32p, by closing Friday at 139.56p, Barclays managed to enter the weekend with a slightly higher closing price than its previous low of 138.24p. This, thankfully, didn’t suggest immediate panic despite the behaviour of the wider market. But the bank did close below the Red uptrend since 2020 and now requires to close a session above 142.012p to suggest the reversal has all been a dreadful mistake.

The situation now suggests weakness below 137.7p should provoke reversal to an initial 134.7 with secondary, if broken, at 115.2p and hopefully a bottom.

In the event things intend start going right for Barclays, their share price needs better 167p to give early warning of recovery to an initial 197p with secondary, if bettered, at 218p and considerable hope for the future.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
8:56:44PM	BRENT	72.5	71.3	69.59	68.88	73.51	74.98	75.38	76.72	74.11
8:58:38PM	GOLD	1989.82
9:00:46PM	FTSE	7312.22
9:03:01PM	STOX50	4065.8
9:05:54PM	GERMANY	14768	14691	14503	14283	14817	14890	14938	15020	14782
9:08:09PM	US500	3916.27
9:10:38PM	DOW	31848.2
9:15:31PM	NASDAQ	12519.7
9:17:33PM	JAPAN	26939

 

17/03/2023 FTSE Closed at 7335 points. Change of -1.01%. Total value traded through LSE was: £ 14,781,854,376 a change of 86.96%

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

15/03/2023 FTSE Closed at 7344 points. Change of -3.84%. Total value traded through LSE was: £ 8,338,790,623 a change of 43.77%

14/03/2023 FTSE Closed at 7637 points. Change of 1.18%. Total value traded through LSE was: £ 5,799,952,343 a change of -34.08%

13/03/2023 FTSE Closed at 7548 points. Change of -2.58%. Total value traded through LSE was: £ 8,798,482,438 a change of 25.79%

10/03/2023 FTSE Closed at 7748 points. Change of -1.66%. Total value traded through LSE was: £ 6,994,694,563 a change of 6.35%

9/03/2023 FTSE Closed at 7879 points. Change of -0.63%. Total value traded through LSE was: £ 6,576,891,587 a change of 1.82%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:PMG Parkmead** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Aviva, Barclays, British Airways, IG Group, Natwest, Ocado Plc, Parkmead, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 232.3 Percentage Change: -3.05% Day High: 254.2 Day Low: 226.3

If Aston Martin experiences continued weakness below 226, it will invariab ……..

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LSE:AV. Aviva Close Mid-Price: 402.2 Percentage Change: -3.08% Day High: 420.9 Day Low: 400.7

If Aviva experiences continued weakness below 400.7, it will invariably l ……..

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LSE:BARC Barclays Close Mid-Price: 139.56 Percentage Change: -1.98% Day High: 145.38 Day Low: 137.74

Weakness on Barclays below 137.74 will invariably lead to 134p with secon ……..

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LSE:IAG British Airways Close Mid-Price: 133.26 Percentage Change: -2.39% Day High: 140 Day Low: 132.08

If British Airways experiences continued weakness below 132.08, it will ……..

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LSE:IGG IG Group Close Mid-Price: 673.5 Percentage Change: -2.88% Day High: 697.5 Day Low: 669.5

Target met. Weakness on IG Group below 669.5 will invariably lead to 645 ……..

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LSE:NWG Natwest Close Mid-Price: 258 Percentage Change: -1.38% Day High: 266.2 Day Low: 254.2

Continued weakness against NWG taking the price below 254.2 calculates as ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 416.1 Percentage Change: -4.48% Day High: 459.4 Day Low: 403

In the event Ocado Plc experiences weakness below 403 it calculates with ……..

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LSE:PMG Parkmead Close Mid-Price: 36 Percentage Change: -5.76% Day High: 37.4 Day Low: 35

Weakness on Parkmead below 35 will invariably lead to 31 with secondary, ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 207.5 Percentage Change: + 1.22% Day High: 219 Day Low: 205

Target met. All Zoo Digital needs are mid-price trades ABOVE 219 to impro ……..

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

#FTSE #SP500

It’s easy to wonder if internet streaming services are feeling a little pain currently, due to the level of real world entertainment presently available. From the ongoing lurches into a banking crisis, stock markets being all over the place, or if in Scotland, the discovery their empress was actually a false construct, surviving only on the achievements on who went before her.

Obviously, living in Argyll, we’re closer to the unseemly Scottish shambles but it’s already causing popcorn shortages everywhere.

As for the markets, we shall not be surprised if Friday ends with some reversals, if only due to concern over potential bad news breaking over the weekend. While the Swiss Central Bank has “saved” Credit Suisse and First Republic Bank saved by a coalition of major banks, considerable effort is obviously going in to inhibit a domino effect in the banking sector. However, will we indeed see many traders opting to close positions on Friday rather than risk a wipe-out on Monday, due to a new cause for panic.

 

We’ve some doubts for Friday as it feels like the FTSE may again experience some recovery.

Closing Thursday at 7410 points, it need only lurch above 7460 to hopefully trigger recovery to 7522 points with secondary, if bettered, a more encouraging 7584 points. This secondary ambition is quite a big deal, giving the FTSE the impetus to potentially regain the Blue downtrend and point at happy days ahead. Perhaps Louis Hamilton shall even do well in the Saudi Formula 1 race on Sunday, cementing the feel good factor! The required stop loss is rather wide, calculating at 7377 points.

If everything intends go wrong, below 7330 points looks more catastrophic than putting Nicola Sturgeon in charge of anything, as this risks triggering reversal to 7267 points with secondary, if broken, at 7204 points and a limp bounce, maybe…

Have a good weekend.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:38:01PM	BRENT	74.48	71.44	69.79		73.97	75.31	75.93		73
10:40:30PM	GOLD	1919.82	1907	1886		1920	1934	1937		1917
10:43:12PM	FTSE	7452.73	7380	7273		7430	7474	7528		7427
10:45:13PM	STOX50	4151.7	4109	4099		4137	4154	4176		4124	‘cess
10:48:10PM	GERMANY	15045.95	14882	14868		15003	15072	15174		14970	‘cess
10:51:05PM	US500	3958.87	3924	3910		3945	3966	3978		3936	Success
10:53:36PM	DOW	32224.5	31876	31804		32114	32297	32374		32095	Shambles
11:02:50PM	NASDAQ	12580.72	12185	12060		12330	12596	12670		12494	Success
11:05:17PM	JAPAN	27270	27004	26922		27189	27276	27345.5		27136	Success

 

16/03/2023 FTSE Closed at 7410 points. Change of 0.9%. Total value traded through LSE was: £ 7,906,260,016 a change of -5.19%

15/03/2023 FTSE Closed at 7344 points. Change of -3.84%. Total value traded through LSE was: £ 8,338,790,623 a change of 43.77%

14/03/2023 FTSE Closed at 7637 points. Change of 1.18%. Total value traded through LSE was: £ 5,799,952,343 a change of -34.08%

13/03/2023 FTSE Closed at 7548 points. Change of -2.58%. Total value traded through LSE was: £ 8,798,482,438 a change of 25.79%

10/03/2023 FTSE Closed at 7748 points. Change of -1.66%. Total value traded through LSE was: £ 6,994,694,563 a change of 6.35%

9/03/2023 FTSE Closed at 7879 points. Change of -0.63%. Total value traded through LSE was: £ 6,576,891,587 a change of 1.82%

8/03/2023 FTSE Closed at 7929 points. Change of 0.13%. Total value traded through LSE was: £ 6,459,565,037 a change of 19.23%

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:CCL Carnival** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:SPT Spirent Comms** **LSE:TLW Tullow** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Carnival, Fresnillo, Genel, Gulf Keystone, Hurrican Energy, IG Group, Natwest, Parkmead, Spirent Comms, Tullow, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 239.6 Percentage Change: -0.33% Day High: 256 Day Low: 232.2

If Aston Martin experiences continued weakness below 232, it will invariab ……..

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LSE:CCL Carnival. Close Mid-Price: 657.4 Percentage Change: + 3.30% Day High: 663 Day Low: 628.6

The iceberg remains in front of this share price! Below 628 now allows for ……..

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LSE:FRES Fresnillo Close Mid-Price: 697.8 Percentage Change: -5.40% Day High: 737 Day Low: 692.8

In the event Fresnillo experiences weakness below 692, it calculates with ……..

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LSE:GENL Genel Close Mid-Price: 114.2 Percentage Change: -0.35% Day High: 115.2 Day Low: 113

Below 113 indicates reversal potentials to an initial 104 with secondary, ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 170.6 Percentage Change: -0.23% Day High: 175 Day Low: 167.8

Below 167 still suggests a potential for reversal to 151 with secondary, i ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 6.95 Percentage Change: + 1.16% Day High: 9 Day Low: 6.8

Now above 9 should aim at an initial 9.5 with secondary, if exceeded, comi ……..

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LSE:IGG IG Group Close Mid-Price: 693.5 Percentage Change: -0.29% Day High: 707 Day Low: 687.5

Below 687 still risks reversal to around 684 and hopefully a bounce. If br ……..

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LSE:NWG Natwest Close Mid-Price: 261.6 Percentage Change: -0.08% Day High: 263.5 Day Low: 255.9

Target Met. Weakness next below 255 risks indulging in a path to 237 next ……..

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LSE:PMG Parkmead Close Mid-Price: 38.2 Percentage Change: -4.14% Day High: 38.6 Day Low: 37.5

Target Met. Now dodgier than an SNP politician, below 37 signals reversal ……..

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LSE:SPT Spirent Comms Close Mid-Price: 168.1 Percentage Change: -5.08% Day High: 185.2 Day Low: 167.1

This isn’t looking great as continued traffic below 167 still indicates a ……..

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LSE:TLW Tullow Close Mid-Price: 29 Percentage Change: -1.29% Day High: 30.1 Day Low: 28.32

Target Met. Now below 28 has the potential for reversal to 22 with seconda ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 205 Percentage Change: + 6.49% Day High: 205 Day Low: 192.5

Continued trades against ZOO with a mid-price ABOVE 205 should improve the ……..

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