Legal & General. And GameStop again!

#France #Nasdaq Our throwaway comment yesterday regarding the #GameStop frenzy certainly attracted emails, perhaps due to mentioning a share price reversal target below US $10. Once again, the share price received a thrashing with the low of the day at $74, a rather horrible level for a share challenging $485 a few days ago. Price movements certainly reinforce the expensive lesson, avoid becoming caught up in the excess enthusiasm often displayed by three or four people in public discussion groups on the internet.

We’re now able to calculate an “ultimate” bottom of $10.24 against this, a probable return to the price level of November last year before it all went crazy. Near term weakness below 74 should prove capable of travel down to an initial $39 with secondary, when broken, at $10.24. We cannot calculate anything below such a level. It now needs a miracle to get out of trouble, visually unlikely.

Hey, chart goes here

 

Legal & General certainly can rarely be accused of an excess of flamboyance. Plodding and reliable, only the Covid crash of last March providing a similar sized blip to that from the financial crash of 2009. At present, LGEN requires exceed 280p to give hope for a slight change of pace, this trigger working out with a pretty tame ambition of 308p. Secondary is a longer term 366p. The important detail comes, if Legal & General ever find an excuse to close a session above 313p at any time in the future.

This is quite a big deal. While the immediate suggestion allows travel to 308p with secondary, if bettered, at 366p, closure above 313p is something we’d regard as pretty game changing. This is one of these all important “Big Picture” things, launching the price into a zone where a distant 498p is supposed be be irresistibly attractive sometime in the distant future.

For now, the price is viewed as bumbling around, requiring below 203p before we’d be alarmed.

Hey, chart goes here

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:34:05PM BRENT 57.83 Success
10:36:16PM GOLD 1838.55 Success
10:38:31PM FTSE 6542 ‘cess
10:43:50PM FRANCE 5583 5517 5502.5 5474 5547 5588 5607.25 5642 5547 Success
10:46:18PM GERMANY 13884 Success
10:57:21PM US500 3836.17 ‘cess
10:59:17PM DOW 30730 Success
11:01:16PM NASDAQ 13517 13304 13244.5 13154 13401 13518 13562 13840 13300 Success
11:03:54PM JAPAN 28466 ‘cess

 

2/02/2021 FTSE Closed at 6516 points. Change of 0.77%. Total value traded through LSE was: £ 5,495,808,707 a change of -1.14%
1/02/2021 FTSE Closed at 6466 points. Change of 0.92%. Total value traded through LSE was: £ 5,559,234,674 a change of -18.33%
29/01/2021 FTSE Closed at 6407 points. Change of -1.82%. Total value traded through LSE was: £ 6,807,283,964 a change of 10.19%
28/01/2021 FTSE Closed at 6526 points. Change of -0.62%. Total value traded through LSE was: £ 6,177,631,505 a change of -22.29%
27/01/2021 FTSE Closed at 6567 points. Change of -1.31%. Total value traded through LSE was: £ 7,950,046,552 a change of 35.23%
26/01/2021 FTSE Closed at 6654 points. Change of 0.24%. Total value traded through LSE was: £ 5,878,949,067 a change of -1.5%
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%

SILVER (XAG/USD)

#Gold #SP500 Regular readers will be aware we trust #Silver with similar confidence to trusting Scottish politicians. For those unfamiliar with the (possibly) criminal conspiracy against Mr Salmond, the whole mess has blown up with the expectation the Scottish PM, Nicola Sturgeon will resign fairly soon. Deliciously, the threat of her husband facing arrest for refusing to appear before a parliamentary committee, now accused of lying under oath, is making the murky goings on in Scotland slightly more fun than the markets. Except, of course, for the issue of GameStop.

 

The share price of GameStop accelerated ludicrously, performing in the traditions of a ramped UK AIM share. We’ve a bit of a suspicion this story shall end with the share price down below $10. It closed Monday at $186, down 42% on the day. The social media site, Reddit, was credited with providing the platform to drive private investors into a frenzy, some impressive projections suggesting the price was going to ‘at least’ $1,000.

Various sections of the media, rather than actually checking Reddit, picked up on someone suggesting a similar boiler room scam could be enacted with the price of Silver. Fairly soon thereafter, it became ‘a thing’ private investors on Reddit were intending to aggressively buy Silver, forcing the price up. The problem, aside from it being untrue, dates back to August last year when Silver was already trading around the $30 mark. Presently at $27, the evidence favouring buying hysteria is somewhat lacking. In fact, Silver has been pretty static for the last 6 months.

Surprisingly, quite a few of the Silver miners have share prices doing very nicely, doubtless catching the positive sentiment as the price of Silver accelerated from $16 last June to a high of $30 in August, then 6 months of relative price stability as the commodity successfully remained above the $22 mark. For Silver, this is a really big deal, the product showing a pretty firm track record of giving, then taking it all away again.

In the event Silver makes another upward twitch, above the $30 mark is liable to be interesting, calculating with an initial ambition at $32.50 with secondary, if exceeded, coming in at $38.50. This behaviour is almost certain to reflect positively on the likes of Fresnillo or Hecla to name just two.

 

If it all intends melt away for Silver, below the $22 mark would certainly be the first sign of concern, threatening reversals to an initial $18 with secondary, when broken, back around the $12 dollar level, suggesting the last six months were but a dream. Visually, we suspect Silver may finally be performing properly and if this is the case, we’d hope any reversal would arrest at the $18 level.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:59:38PM BRENT 56.42 ‘cess
10:01:53PM GOLD 1861.09 1847 1840 1837 1863 1876 1887.5 1903 1856
10:04:09PM FTSE 6490.59
10:05:59PM FRANCE 5484
10:26:40PM GERMANY 13660
10:28:37PM US500 3770 3722 3706 3680 3770 3785 3804 3851 3732
10:31:14PM DOW 30216
10:52:07PM NASDAQ 13259 ‘cess
10:57:03PM JAPAN 28278

 

1/02/2021 FTSE Closed at 6466 points. Change of 0.92%. Total value traded through LSE was: £ 5,559,234,674 a change of -18.33%
29/01/2021 FTSE Closed at 6407 points. Change of -1.82%. Total value traded through LSE was: £ 6,807,283,964 a change of 10.19%
28/01/2021 FTSE Closed at 6526 points. Change of -0.62%. Total value traded through LSE was: £ 6,177,631,505 a change of -22.29%
27/01/2021 FTSE Closed at 6567 points. Change of -1.31%. Total value traded through LSE was: £ 7,950,046,552 a change of 35.23%
26/01/2021 FTSE Closed at 6654 points. Change of 0.24%. Total value traded through LSE was: £ 5,878,949,067 a change of -1.5%
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%
22/01/2021 FTSE Closed at 6695 points. Change of -0.3%. Total value traded through LSE was: £ 5,449,476,112 a change of 6.46%

Lloyds Bank (LSE:LLOY)

#BrentCrudePrice #DAX An interesting aspect of this ‘Lockdown and Work from Home’ business stinks a bit. Quite literally, it turned out. The problem was an 18 month old computer, a device normally house trained for domestic use but instead, now seeing service daily for remote tuition, turned on from 8.30am. The particular PC also serves as the place a cat sleeps, traditionally for a few hours in the evenings but now, the animal will cheerfully spend 12 hours a day on its heated computer perch.

 

With home computers, there’s no-one from IT visiting to give machines their annual checkover, along with a quick vacuum for dust build-up around the fans. Instead, the first sign of trouble was apparently the cat unable to get comfortable, grudgingly opting to visit its expensive basket where it’s supposed to sleep. Once the cat vacated its computer spot, there was a grudging admission of a ‘bit of a smell’, the previously suspected source now sound asleep in a different room.  In addition, the top of the computer tower was indecently hot, demanding an emergency shutdown.

Once the side was removed from the PC case, dust accumulation was quite impressive, the big fan where the machine plugs into the mains totally obscured behind what looked like lint from a tumble drier filter. It was time for a mini vacuum to finally earn its keep and it occurs, rather a lot of folk will doubtless discover the joys of hardware failures due to domestic technology attempting to function for prolonged hours in an environment quite different from nice clean offices. Regardless whether it’s a computer or laptop, machines with fans are going to become gummed up and fail while we adjust to the new lifestyle forced upon society by Covid-19. As a result, it’s likely computer hardware manufacturers shall enjoy a surprise surge in sales in the year ahead.

 

This public safety announcement is supposed to distract readers from the reality of Lloyds Bank. When we last reviewed the share 3 weeks ago (link), we were pretty confident a break of 34p would drive reversal to an initial 30p with secondary, when (if) broken at an eventual bottom of 26p. The share price broke below our trigger level 5 days ago and it moving down to our target level as grudgingly as the aforementioned cat. The share price needs exceed 38p simply to escape the immediate reversal cycle, something we’re not inclined to hold our breath for.

Visually, it’s still the case an eventual 26p makes quite an attractive entry point, if the price ever gets there! The pace of reversal, so far this year, has been steady but very, very, slow.

It’s probably important to remember things risk speeding up fairly soon. US Earnings season reports risk provoking trouble with companies issuing repeated Profit Warnings, due to earning squeeze during 2020. The coming week has results from BP, Exxon, Otis, ScottsMiracleGro, alongside a bunch of scientific and online retailers. The obvious question, will negative reports be balanced by positive reports from Ebay, Pfizer, Alphabet positive earnings?

 

For Lloyds to exceed 38p, it would break the immediate Blue downtrend, placing the share at grave risk of recovering to an initial 44.5p with secondary, if bettered, a fairly cheerful 50p. As mentioned previously, moves this year tend suggest 26p shall prove irresistible

. Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:38:26AM BRENT 55.07 54.89 54.74 54.25 55.4 56.02 56.27 56.73 55.2 ‘cess
10:41:20AM GOLD 1848 Success
10:45:01AM FTSE 6372 Success
10:58:05AM FRANCE 5391.2 Success
11:01:42AM GERMANY 13392 13367 13288.5 13008 13563 13642 13746 13892 13492 Success
11:04:26AM US500 3703.97
11:35:09AM DOW 29931 Success
11:37:17AM NASDAQ 12889 Success
11:41:30AM JAPAN 27698
29/01/2021 FTSE Closed at 6407 points. Change of -1.82%. Total value traded through LSE was: £ 6,807,283,964 a change of 10.19%
28/01/2021 FTSE Closed at 6526 points. Change of -0.62%. Total value traded through LSE was: £ 6,177,631,505 a change of -22.29%
27/01/2021 FTSE Closed at 6567 points. Change of -1.31%. Total value traded through LSE was: £ 7,950,046,552 a change of 35.23%
26/01/2021 FTSE Closed at 6654 points. Change of 0.24%. Total value traded through LSE was: £ 5,878,949,067 a change of -1.5%
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%
22/01/2021 FTSE Closed at 6695 points. Change of -0.3%. Total value traded through LSE was: £ 5,449,476,112 a change of 6.46%
21/01/2021 FTSE Closed at 6715 points. Change of -0.37%. Total value traded through LSE was: £ 5,118,625,468 a change of -7.11%

Fantastic #FTSE Friday vs #Japan!

It only took a single day for Britain’s PM to get out of London, causing trouble elsewhere, for the FTSE to show some slight gains from a foul start. Unfortunately, the results didn’t prove world beating (nor even Europe beating).  It’s horrific, Japan, with a population roughly double the UK, an island nation like the UK, population density 25% higher than the UK, has suffered just over 5,000 Covid-19 deaths in the last year. The UK, over 100,000 fatalities… The UK, 7,000km from China, Japan around 800km.

In unrelated news, the Nikkei 225, Japans stock market, recently traded at just under 29,000 points. It’s high, pre-pandemic, was at 24,000 points. It’s an interesting comparison, the UK FTSE reaching 7,700 pre-pandemic and now struggling at 6,500 points. There’s certainly a sneaking suspicion political will to actually protect a countries population can introduce confidence in the marketplace? Unfortunately, this fails explain why the US is performing well with mortality rates not terribly far behind the UK’s world beating achievement.

However, the chart (UK in Purple) below certainly gives pause for thought, the UK down 13% while Japan is performing UP 20% since before the virus hit.

Hey, chart goes here

 

As for the FTSE for Friday, trades above 6615 points currently calculate with the potential of recovery to an initial 6642 points with secondary, if exceeded, working out at 6710 points. At present, the indications certainly suggest an upward day is imminent.

The alternate scenario is fairly nasty as below 6497 looks troublesome, allowing reversal to an initial 6428 points with secondary, when broken, at 6398 and hopefully a bounce. There is a little problem if 6398 breaks, risking the start of a cascade of reversals in coming days and weeks to 5720 points.

Have a good weekend.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:22:14PM BRENT 55.16 55.03 54.84 55.55 55.72 55.99 55
9:29:18PM GOLD 1842.85 1834 1823 1844 1857 1864 1839 ‘cess
9:31:32PM FTSE 6530 6472 6402.5 6536 6554 6580 6504
9:49:40PM FRANCE 5506.2 5481 5452 5531 5537 5558 5500 Success
9:53:08PM GERMANY 13614 13579 13515.5 13687 13714 13751.5 13594 Shambles
10:19:44PM US500 3776.02 3712 3689.5 3765 3832 3863.5 3783
10:22:51PM DOW 30571 30466 30327 30647 30936 30966.5 30720 Shambles
10:24:43PM NASDAQ 13177 13132 13082 13298 13403 13541.5 13204 ‘cess
10:26:48PM JAPAN 28370 27950 27734 28250 28525 28609 28333 Success

 

28/01/2021 FTSE Closed at 6526 points. Change of -0.62%. Total value traded through LSE was: £ 6,177,631,505 a change of -22.29%
27/01/2021 FTSE Closed at 6567 points. Change of -1.31%. Total value traded through LSE was: £ 7,950,046,552 a change of 35.23%
26/01/2021 FTSE Closed at 6654 points. Change of 0.24%. Total value traded through LSE was: £ 5,878,949,067 a change of -1.5%
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%
22/01/2021 FTSE Closed at 6695 points. Change of -0.3%. Total value traded through LSE was: £ 5,449,476,112 a change of 6.46%
21/01/2021 FTSE Closed at 6715 points. Change of -0.37%. Total value traded through LSE was: £ 5,118,625,468 a change of -7.11%
20/01/2021 FTSE Closed at 6740 points. Change of 0.42%. Total value traded through LSE was: £ 5,510,172,095 a change of 11.11%

Orosur Mining and The Aim updated.

Login Problems? Please contact Georgie at T&T as she’s been doing customer database maintenance. Or contact Alistair and he’ll pass your details on.

 

#SP500 #Orosur It’s hard not to glance at the image on Orosur’s website (this was requested by emails today) and imagine the taste of superior coffee from Colombia. Alas, their field is Gold, doubtless enjoying the flavour of enhanced Gold Prices in the last few months. Those who watch ‘Gold Rush’ on telly will already be bored with the mantra, “Fuel Prices Low, Gold Prices High, get digging!”, and doubtless can safely anticipate a successful year for the extraction industry.

 

However, this is a member of the AIM market and it’s probably worth remembering our previous thoughts on the AIM gave 1192 points as an initial target. This level was achieved in the last 5 sessions and the index is certainly showing signs of hesitation, rather than powering on toward our secondary 1233. The particular stutter is a VERY slight worry, suggesting coming weakness below 1175 shall attempt an initial 1160 points with secondary, if broken, at 1139 points.

The larger problem comes if 1139 breaks as the effects are liable to ripple through AIM constituents, stifling many potential gains until such time the market gets itself in order again. We’d certainly been curious how long the junior UK market would continue to humiliate the FTSE 100 with six months of very successful performance. The AIM, presently at 1176 points, would be at just 850 points if it were following the (pathetic) FTSE example!

Hey, chart goes here

 

Orosur Mining is certainly looking fairly optimistic currently and we wonder if speculation is rife, an expectation of some coming positive news. The immediate situation suggests strength above 30p should make an attempt at 38p, matching the closing price highs from October last year. The important thing comes, if the share finds an excuse to close a session above 38p as we can calculate the Blue downtrend since 2011 is liable to find itself in jeopardy, due to our secondary working out at 48p.

This level of secondary is liable to prove game changing for the longer term, ticking the first box in a chain of events and creating a scenario with 93p allegedly possible sometime in the future.

For now, Orosur looks positive, the price requiring to drift below 20p to give a hint of panic as 12p represents the ‘ultimate bottom’, a point we cannot calculate below.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:48:38PM BRENT 55.33 Shambles
10:50:42PM GOLD 1844.53 Success
10:57:38PM FTSE 6508.84 Success
11:09:43PM FRANCE 5413 Success
11:12:28PM GERMANY 13459 Success
11:15:10PM US500 3726.22 3712 3653 3581 3765 3823 3866.5 3918 3767 Success
11:19:02PM DOW 30177 Success
11:21:47PM NASDAQ 12990 Success
11:24:32PM JAPAN 28119 Success

 

 

27/01/2021 FTSE Closed at 6567 points. Change of -1.31%. Total value traded through LSE was: £ 7,950,046,552 a change of 35.23%
26/01/2021 FTSE Closed at 6654 points. Change of 0.24%. Total value traded through LSE was: £ 5,878,949,067 a change of -1.5%
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%
22/01/2021 FTSE Closed at 6695 points. Change of -0.3%. Total value traded through LSE was: £ 5,449,476,112 a change of 6.46%
21/01/2021 FTSE Closed at 6715 points. Change of -0.37%. Total value traded through LSE was: £ 5,118,625,468 a change of -7.11%
20/01/2021 FTSE Closed at 6740 points. Change of 0.42%. Total value traded through LSE was: £ 5,510,172,095 a change of 11.11%
19/01/2021 FTSE Closed at 6712 points. Change of -0.12%. Total value traded through LSE was: £ 4,959,269,895 a change of 38.63%

 

Rainbow Rare Earths (LSE:RBW)

#FTSE #DOW Over the years, Rare Earth magnets have proven so useful we even keep a supply of small Neodymium magnets in the house. These two centimetre long blocks (pictured), when held in place by duct tape or glue, stop the coffee stomper vibrating off the coffee machine. They hold the garden gate closed, provide easy dashboard mountings for mobile phones, ensure the fridge door stays closed. In the case of a recently purchased target rifle, it was a surprise to see the magazine snap precisely into place with a tiny Neodymium magnet.

It was inevitable the wider world would discover uses for these super strong devices, now billed as essential building blocks for clean future tech. Wind turbines, electric motors, electric vehicles, mobile phones, all find an excuse to use our favourite magnets, ones which can actually hurt when a careless finger gets trapped. They are useful but most emphatically not toys.

We received a few emails asking we update our fairly recent opinion (link) on Rainbow Rare Earths, presently trading around the 13p level. The mining company presently operate to major locations in both East and South Africa, extracting the essential elements used to produce permanent magnets now massively in demand for modern electrics. Recently, by reaching 14.75p, LSE:RBW managed trade higher than expected, suggesting some considerable strength may be present for longer term price gains.

This year, we’re opting to play safe with trigger levels, choosing a calculation criteria which can only demand price gains if a particular level is exceeded. In the case of Rainbow, rather than exceed its previous high of 14.75p, we can work out above 15.3p is liable to become a major trigger. Above this should prove capable of propelling the price toward an initial 18p with secondary, if exceeded, at a longer term 21.5p. To be fair, price closure above 18p is liable to prove game changing for the longer term as presently we can speculate on a distant 25p, a new all time high.

 

That’s about the end of the good news. Then again, maybe some folk shall regard the immediate possibilities as presenting an opportunity. Weakness continuing below 13.25p suggests the probability of travel down to an initial 12p, doubtless capable of a rebound given the presence of Red on the chart. Should 12p break, we hope our secondary calculation at 10.5p shall indeed be anointed with trampoline juice, creating a price level where a future surge upward may commence.

We never expected to have a secret bias due to a liking for posh fridge magnets!

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:49:46PM BRENT 55.84
9:52:22PM GOLD 1850.94
10:13:23PM FTSE 6659 6620 6607 6576 6674 6700 6719.5 6757 6650
10:14:54PM FRANCE 5544.2
10:16:52PM GERMANY 13888 Success
10:18:40PM US500 3852
10:20:51PM DOW 30945 30882 30815 30715 30995 31120 31138 31331 30967
10:24:05PM NASDAQ 13555 ‘cess
10:27:08PM JAPAN 28699 ‘cess

26/01/2021 FTSE Closed at 6654 points. Change of 0.24%. Total value traded through LSE was: £ 5,878,949,067 a change of -1.5%
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%
22/01/2021 FTSE Closed at 6695 points. Change of -0.3%. Total value traded through LSE was: £ 5,449,476,112 a change of 6.46%
21/01/2021 FTSE Closed at 6715 points. Change of -0.37%. Total value traded through LSE was: £ 5,118,625,468 a change of -7.11%
20/01/2021 FTSE Closed at 6740 points. Change of 0.42%. Total value traded through LSE was: £ 5,510,172,095 a change of 11.11%
19/01/2021 FTSE Closed at 6712 points. Change of -0.12%. Total value traded through LSE was: £ 4,959,269,895 a change of 38.63%
18/01/2021 FTSE Closed at 6720 points. Change of -0.22%. Total value traded through LSE was: £ 3,577,371,289 a change of -38.17%

Wetherspoon (LSE:JDW)

#Gold #SP500 Once a year in Scotland, there’s a very special evening when people gather in pubs, clubs, hotels, to toast the memory of Robert Burns. The poet was probably best known for his world famous hit single, ‘Old Lang Syne’, along with some truly miserable dirges which somehow become praiseworthy on Burns Night. They certainly justify the quantity of whisky usually consumed.

This year, everything inevitably changed.

Instead, our invitations were to attend ‘Virtual Burns Nights’, essentially a bunch of folk getting drunk and eating haggis while sitting at their computers, peering myopically at a camera. Leaving aside the haggis, this state of affairs doubtless defines most people on Twitter & Facebook after 10pm any night, without the inconvenience of brushing up on the writings of the famous man.

 

Wetherspoon share price is showing early signs of enthusiasm for a future when Lockdown ends and we can once again gather on dark winter nights to infect each other with cold & flu in pubs. Socialising properly is something, personally, I didn’t know I missed. But events of 2020 ensured we only risked visiting our local bar/restaurant twice and now, we opt to show support by purchasing takeaway food from the place, hoping they weather the financial mess the business must be in. When the current Lockdown ends and vaccinations are in place, it’s easy to suspect we personally shall tend make up for lost time. making a point of dropping in for Lunch/Dinner rather more often than used to be the case.

It’s easy to speculate Wetherspoon shall also experience a dizzy pace of recovery nationally, when (or if) normality ever rears its ugly head again. We’ve decided to emplace a recovery trigger at 1,280p as share price movement above such a level should prove capable of swift acceleration to an initial 1,533p. If exceeded, our longer term secondary is truly surprising, calculating at 1,901p and a new all time high. Despite the price looking fairly calm at 1,180 presently, the share really does not require much work to get things moving.

 

If things intend go horribly wrong, the share price needs drip below Red on the chart, presently 900p, to justify concern. Such a calamity allows weakness next to an initial 734p with secondary, if broken, at 405p.

Hey, chart goes here

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:29:32PM BRENT 55.74
9:31:05PM GOLD 1855.7 1847 1840 1831 1861 1862 1871.5 1883 1847
9:33:18PM FTSE 6678.62 ‘cess
9:35:50PM FRANCE 5501.7 Success
9:45:15PM GERMANY 13727 Success
9:47:13PM US500 3854.74 3821 3812 3796 3839 3860 3876 3903 3821 Success
9:49:42PM DOW 30965 Success
9:52:15PM NASDAQ 13470 ‘cess
9:54:06PM JAPAN 28814 ‘cess
25/01/2021 FTSE Closed at 6638 points. Change of -0.85%. Total value traded through LSE was: £ 5,968,206,921 a change of 9.52%
22/01/2021 FTSE Closed at 6695 points. Change of -0.3%. Total value traded through LSE was: £ 5,449,476,112 a change of 6.46%
21/01/2021 FTSE Closed at 6715 points. Change of -0.37%. Total value traded through LSE was: £ 5,118,625,468 a change of -7.11%
20/01/2021 FTSE Closed at 6740 points. Change of 0.42%. Total value traded through LSE was: £ 5,510,172,095 a change of 11.11%
19/01/2021 FTSE Closed at 6712 points. Change of -0.12%. Total value traded through LSE was: £ 4,959,269,895 a change of 38.63%
18/01/2021 FTSE Closed at 6720 points. Change of -0.22%. Total value traded through LSE was: £ 3,577,371,289 a change of -38.17%
15/01/2021 FTSE Closed at 6735 points. Change of -0.97%. Total value traded through LSE was: £ 5,785,369,773 a change of -14.5%