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

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

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

 

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

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

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

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

 

FUTURES

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

 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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

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

 

FUTURES

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

 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Currys Plc (LSE:CURY) ready to fly?

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

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

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

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

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

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

 

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

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

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

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

FUTURES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Boohoo Group Plc (LSE:BOO)

#Gold #WallSt  As we approach Halloween, it obviously makes sense to review a scary share with the moniker BOO. Personally, a very Halloween event occurred during the last 24 hours, thanks to either Covid-19 vaccine or the Flu vaccine. From chatting to others, I’m inclined to suspect what was experienced was a Flu vaccine thing and the Covid jag did nothing harmful. After being stabbed twice by a nurse at noon, she warned any side effects shouldn’t last more than 24 hours and to get in touch if they did. But more assuringly, she added most folk don’t experience ANY side effects.

For this individual, this proved incorrect as virtually all flu symptoms kicked into play by around midnight, one after the other. The first one, bouts of uncontrolled shivering, lasted until around 2am and the point where my wife was ready to call an ambulance. I told her not to worry as I was starting to feel hot and sticky, just like a fever. By 4am, the fever symptoms left the building but a vile headache appeared and by 6am, the headache mercifully gone, the only problem was I could now hardly walk, due to severe muscle pains. And by 8am, the fever symptoms returned for a while, lasting just long enough to remind that the bedding now needed changed, along with the pillows. And by 12 noon, precisely 24 hours after the injections, we drove along to a local cafe for lunch as there was absolutely nothing wrong with me. There’s a ridiculous urban legend of the Flu Vaccine giving people Flu. I’d suggest this isn’t the case but the side effects did feel like two weeks of influenza on fast forward!

All things considered, it was one of these; “If Halloween did Vaccinations…” moments.

 

Boohoo share price has been experiencing a rather frightening time since the end of 2021 and finally is starting to show early symptoms of exiting the misery. We’re hopefully not reaching too hard but from our perspective, the price currently need only exceed 32.3p to give the first signal some recovery may be upon it.

We are hinging this on what happens, should just 31.08p be exceeded, only 0.07 above the current price so there’s not a lot of work required.

Above 31.08 calculates with the potential of a lift to 33p, once again returning above an uptrend which dates back to 2015. Normally, this would be quite a big deal, taking the share out of its immediate Blue downtrend. Should 33p be exceeded, things get interesting as a future 40p works out as a sane ambition. Visually this could signify the start of a proper share price recovery cycle but, to be safe, we shall prefer review the numbers if the 40p ambition makes itself known.

Our converse scenario remains scary as below 28p threatens a visit to 24p. If broken, our eventual ultimate bottom works out at just 7p.

For the present, we suspect Boohoo are about to experience some positive movement. Hopefully they don’t have any scary news to release, in keeping with the season.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:04:17PM FTSE 7617 Success
10:12:22PM BRENT 8699.8
10:15:52PM GOLD 1859.94 1853 1850 1845 1860 1865 1874 1895 1853
10:18:17PM STOX50 4179.5 Success
10:20:32PM GERMANY 15395.7 Success
10:23:04PM US500 4357.4 Success
10:26:29PM DOW 33735 33591 33480 33337 33675 33911 34068 34246 33712 ‘cess
10:29:47PM NASDAQ 15140.9 ‘cess
10:39:50PM JAPAN 31785 Success

 

10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:CCL Carnival** **LSE:JET Just Eat** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **

********

Updated charts published on : Avacta, Carnival, Just Eat, Spirent Comms, Spirax,

LSE:AVCT Avacta. Close Mid-Price: 151 Percentage Change: + 10.62% Day High: 151 Day Low: 136.5

Target met. Further movement against Avacta ABOVE 151 should improve acce ……..

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LSE:CCL Carnival. Close Mid-Price: 957.2 Percentage Change: + 5.79% Day High: 958.4 Day Low: 909.2

This is surprisingly insipid as below 892 now looks capable of reversal to ……..

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LSE:JET Just Eat. Close Mid-Price: 1044 Percentage Change: + 7.24% Day High: 1052 Day Low: 1014

Now above 1052 indicates the potential of a lift to an initial 1147p. If e ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 98.5 Percentage Change: + 5.63% Day High: 98.7 Day Low: 95.55

In the event of Spirent Comms enjoying further trades beyond 98.7, the sh ……..

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LSE:SPX Spirax Close Mid-Price: 8888 Percentage Change: -2.01% Day High: 9146 Day Low: 8832

Target met. In the event Spirax experiences weakness below 8832 it calcul ……..

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

Horizonte Minerals Plc (LSE:NWG) due to a bounce?

#Gold_Futures #S&P500 A week ago, Horizonte Minerals (HZM) share price fell off a cliff, doubtless feeling as I do now!. Todays non-professional complaint was caused by my 6th Covid-19 jag, along with a Flu jag administered at the same time. Usually, the side effects kick in by around midnight but todays offerings misbehaved quite a bit sooner. Around an hour after returning from the hospital, a thumping headache started, along with an allocation of sore muscles. By 9pm, perspiration was making itself known and trust me, settling down to answer a bunch of emails about Horizonte wasn’t something being looked forward too.

Thankfully, we’d run the numbers on Horizonte and as is our custom, waited until the last minute to produce our headline report, just in case something happens during the trading day.

The company, a nickel miner, do all their work in Brazil. The shares are listed in London along with Toronto and of course, their headquarters are in London. One can only guess at the air miles accumulated by staff as they trot the globe.

 

From our perspective, “ultimate bottom” for this share calculated at just 14p and with the price hitting 14.12 just last week, perhaps there is sufficient reason to hope for a bounce with the price. According to our tea leaves, above just 30.5p should prove capable of triggering recovery to an initial 35.5p with secondary, if bettered, at a longer term 47p. There’s a fairly reason expectation of some hesitation at the 47p level as the share price shall require closure above such a point to hopefully signal happier days are on the horizon.

A word of warning, we cannot calculate anything below 14p which isn’t prefaced with a minus sign.

Another word of warning. The grotty side effects currently being “enjoyed” may be due to the Flu vaccine. Who knows?

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:52PM BRENT 8755 Success
10:18:22PM GOLD 1861.03 1844 1841 1834 1855 1864 1868 1887 1848 Success
10:20:45PM FTSE 7518.4 Shambles
10:22:53PM STOX50 4129.5
10:24:54PM GERMANY 15190.6
10:27:45PM US500 4334.9 4265 4242 4208 4290 4344 4349 4377 4327 Success
10:31:42PM DOW 33592.5
10:34:17PM NASDAQ 15052.4
10:36:49PM JAPAN 31271
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%

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:EME Empyrean** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:SPX Spirax** **LSE:TLW Tullow** **

********

Updated charts published on : Empyrean, IQE, Natwest, Spirax, Tullow,

LSE:EME Empyrean Close Mid-Price: 0.74 Percentage Change: -3.53% Day High: 0.7 Day Low: 0.7

Target met. Weakness on Empyrean below 0.7 will invariably lead to 0.68p ……..

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LSE:IQE IQE Close Mid-Price: 15.7 Percentage Change: -1.75% Day High: 16.1 Day Low: 15.48

In the event IQE experiences weakness below 15.48 it calculates with a dr ……..

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View Previous IQE & Big Picture ***

LSE:NWG Natwest Close Mid-Price: 221.4 Percentage Change: -1.03% Day High: 224.1 Day Low: 219.3

If Natwest experiences continued weakness below 219.3, it will invariably ……..

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View Previous Natwest & Big Picture ***

LSE:SPX Spirax Close Mid-Price: 9070 Percentage Change: -4.16% Day High: 9446 Day Low: 9088

Target met. Continued weakness against SPX taking the price below 9088 ca ……..

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LSE:TLW Tullow. Close Mid-Price: 33.4 Percentage Change: + 9.15% Day High: 33.58 Day Low: 31.84

Continued trades against TLW with a mid-price ABOVE 36.7p should improve t ……..

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

#Gold_Futures #S&P500 A week ago, Horizonte Minerals (HZM) share price fell off a cliff, doubtless feeling as I do now!. Todays non-professional complaint was caused by my 6th Covid-19 jag, along with a Flu jag administered at the same time. Usually, the side effects kick in by around midnight but todays offerings misbehaved quite a bit sooner. Around an hour after returning from the hospital, a thumping headache started, along with an allocation of sore muscles. By 9pm, perspiration was making itself known and trust me, settling down to answer a bunch of emails about Horizonte wasn’t something being looked forward too.

Thankfully, we’d run the numbers on Horizonte and as is our custom, waited until the last minute to produce our headline report, just in case something happens during the trading day.

The company, a nickel miner, do all their work in Brazil. The shares are listed in London along with Toronto and of course, their headquarters are in London. One can only guess at the air miles accumulated by staff as they trot the globe.

 

From our perspective, “ultimate bottom” for this share calculated at just 14p and with the price hitting 14.12 just last week, perhaps there is sufficient reason to hope for a bounce with the price. According to our tea leaves, above just 30.5p should prove capable of triggering recovery to an initial 35.5p with secondary, if bettered, at a longer term 47p. There’s a fairly reason expectation of some hesitation at the 47p level as the share price shall require closure above such a point to hopefully signal happier days are on the horizon.

A word of warning, we cannot calculate anything below 14p which isn’t prefaced with a minus sign.

Another word of warning. The grotty side effects currently being “enjoyed” may be due to the Flu vaccine. Who knows?

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:52PM BRENT 8755 Success
10:18:22PM GOLD 1861.03 1844 1841 1834 1855 1864 1868 1887 1848 Success
10:20:45PM FTSE 7518.4 Shambles
10:22:53PM STOX50 4129.5
10:24:54PM GERMANY 15190.6
10:27:45PM US500 4334.9 4265 4242 4208 4290 4344 4349 4377 4327 Success
10:31:42PM DOW 33592.5
10:34:17PM NASDAQ 15052.4
10:36:49PM JAPAN 31271
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%

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:EME Empyrean** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:SPX Spirax** **LSE:TLW Tullow** **

********

Updated charts published on : Empyrean, IQE, Natwest, Spirax, Tullow,

LSE:EME Empyrean Close Mid-Price: 0.74 Percentage Change: -3.53% Day High: 0.7 Day Low: 0.7

Target met. Weakness on Empyrean below 0.7 will invariably lead to 0.68p ……..

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LSE:IQE IQE Close Mid-Price: 15.7 Percentage Change: -1.75% Day High: 16.1 Day Low: 15.48

In the event IQE experiences weakness below 15.48 it calculates with a dr ……..

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LSE:NWG Natwest Close Mid-Price: 221.4 Percentage Change: -1.03% Day High: 224.1 Day Low: 219.3

If Natwest experiences continued weakness below 219.3, it will invariably ……..

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LSE:SPX Spirax Close Mid-Price: 9070 Percentage Change: -4.16% Day High: 9446 Day Low: 9088

Target met. Continued weakness against SPX taking the price below 9088 ca ……..

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LSE:TLW Tullow. Close Mid-Price: 33.4 Percentage Change: + 9.15% Day High: 33.58 Day Low: 31.84

Continued trades against TLW with a mid-price ABOVE 36.7p should improve t ……..

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

Natwest Group Plc (LSE:NWG) and some updates.

#Brent #Dax  Every time we cover Natwest, it appears Formula1 decides to produce an interesting Grand Prix. Sunday proved such an occasion, Brit Louis Hamilton trying an unusual ploy of reducing his car weight by ditching one of his wheels on the opening lap. It’s always amusing, when two team-mates hit each other but this incident was far from clear cut. The team obviously knew Hamilton was on a short shelf life “fast” tyre and intended move into the lead as soon as possible. Yet his team mate (on a slower tyre) opted to play at racing, making it impossible for Hamilton to complete the pass without a collision. It created a situation where Hamilton could only take the blame, while doubtless pondering why his colleague opted to forget their strategy briefing before the race. However, even with a lack of rainfall to spice things up, the actual race proved entertaining and once again ensured a nap wasn’t taken while it progressed.

Lack of rainfall isn’t an issue here in the mountains of Argyll. Apparently, our usual annual quota of rain for October fell in just 24 hours, creating a situation where folk were being airlifted by helicopter to safety due to their cars becoming trapped by landslides both in front and behind them.  It’s still raining but on the bright side, the local predominance of SUV’s is finally justified as many road surfaces were washed away. We’ve now a shortage of traffic cones, something unbelievable from a local council.

Formula1 thoughts and local misery aside, some things in life are never as clear cut as we’d like and Natwest share remains firmly in such a category.

 

Natwest Group continues to exhibit a fascination with the downtrend since 2007, enacting yet another fake “break” upward, one which has once again fizzled out. The immediate situation suggests any weakness next below 220p shall doubtless hit 214p and maybe, just maybe, bounce. In our world of convoluted rules, should 214p break, it almost must bounce by 204p. The word ‘almost’ is worth paying attention to, due to a freefall effect being given from a third level target down at 109p. This is something we’d categorise as an ultimate bottom, simply because we cannot calculate below such a ridiculous sounding level. With fun and games currently from Metro Bank in London, there’s obviously a risk of the retail banks once again experiencing a bit of a hammering.

 

Lack of confidence remains a key indicator, when reviewing Natwest and we suspect it now needs above 239p to give any real hope, calculating with a lift potential to an initial 254p with secondary, if bettered, working out at 259p and some probable hesitation. The share certainly has the potential of producing some surprisingly swift recovery but… they are a retail bank.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
7:03:48PM BRENT 8383.9 8280 8239 8059 8439 8550 8643 8761 8362
7:05:51PM GOLD 1832.39
7:10:12PM FTSE 7517.8
7:22:22PM STOX50 4159.3
7:26:48PM GERMANY 15277 15033 14938 14818 15158 15298 15403 15554 15201
8:20:49PM US500 4310.7
8:24:23PM DOW 33425
8:27:18PM NASDAQ 14999.8
8:29:33PM JAPAN 31337

 

6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%

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:CEY Centamin** **LSE:NG. National Glib** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Aviva, Centamin, National Glib, Tesco,

LSE:AML Aston Martin. Close Mid-Price: 249.6 Percentage Change: + 2.13% Day High: 252.4 Day Low: 227.4

Target met. In the event Aston Martin experiences weakness below 227, it ……..

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LSE:AV. Aviva. Close Mid-Price: 409 Percentage Change: + 5.33% Day High: 428.3 Day Low: 400

Further movement against Aviva ABOVE 428.3 should improve acceleration to ……..

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LSE:CEY Centamin. Close Mid-Price: 79.7 Percentage Change: + 0.31% Day High: 81.15 Day Low: 77.7

Target met. Weakness on Centamin below 77.7 will invariably lead to 75p w ……..

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LSE:NG. National Glib Close Mid-Price: 935.6 Percentage Change: -1.27% Day High: 951.6 Day Low: 918.6

Continued weakness against NG. taking the price below 918.6 calculates as ……..

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LSE:TSCO Tesco Close Mid-Price: 278.4 Percentage Change: -0.71% Day High: 282.3 Day Low: 276.1

Continued trades against TSCO with a mid-price ABOVE 282.3 should improve ……..

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

FTSE for FRIDAY (FTSE:UKX) & A Brent update too (CCOM:OILBRENT)

#FTSE_futures With US Payrolls Friday, we’ve almost gotten to the point of ignoring the day as exuberant market swings have declined over the last few years. The “fun” of trying to make sense of a fistful of darts being thrown by the markets is now mostly absent yet we suspect this is what “they” want us to think.

After all, when the stock markets stop doing stupid things, it’s generally a sign they’re really gearing up toward something really offensive and when we step back and review some recent triggers which have been hit, things could go silly quite swiftly now. Brent Crude is a case in point.

We reviewed Brent a few weeks ago, warning of the risks should the $86 level break. This price level was toasted a couple of days ago and now, from an immediate perspective, we can report continued weakness below 83.4 looks capable of promoting a visit to 82.8 with secondary, if broken, calculating down at 80.4 dollars. But it may be worth remembering our threat of real danger, when the $86 dollar barrel sprung a leak, came from a Big Picture perspective as the stuff is now seen as trading in a zone where a cycle down to 75.8 is now suspected with secondary, if broken, at an eventual $57. The nicest thing about all this potential calamity comes from the tightest stop loss level, the product needing above $86 to greatly negate current weakness potentials or above $88.7 to cancel our calculations.

FTSE for FRIDAY.  Last Friday, we presented a scenario where the FTSE risks a trip down to 7392 points. On Monday, the FTSE indeed hit the trigger level and on Wednesday it hit our target, even exceeding it slightly before bouncing from 7384 points. For a few minutes, we even thought our target level was going to be exact but the FTSE had other ideas. This created a bit of a problem as the FTSE closed the day in dangerous territory and now risks the immediate future becoming unpleasant.

Now below 7384 points risks forcing a visit down to 7264 points with our secondary, if this level breaks, working out at an eventual 7103 points. Visually, neither ambition makes much sense but we’re a little worried as the last few weeks has seen the FTSE ‘stepping down’ in 100 point increments, pausing briefly at 7600, then 7500, and most recently, the 7400 point level. This makes our calculation giving the potential of an eventual bottom at 7103 points believable.

Our alternate, less grim scenario, is certainly easier on the eye.

Above 7478 points should hopefully trigger index recovery to an initial useless 7491 points with our secondary, if bettered, working out at 7565 points. If triggered, the tightest stop loss level looks like 7410 points.

 

Have a good weekend and enjoy the Grand Prix.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:26:57PM BRENT 8379 8335 8272 8182 8495 8599 8650 8755 8501
10:34:28PM GOLD 1819.82 1812 1788 1690 1835 1834 1848 1863 1814
10:36:19PM FTSE 7469 7409 7370 7327 7458 7498 7519 7565 7444
10:40:33PM STOX50 4113 4085 4070 4051 4117 4122 4147 4176 4084
10:42:41PM GERMANY 15108 15039 14989 14928 15099 15152 15171 15215 15094
10:44:41PM US500 4255.18 4227 4220 4203 4250 4271 4287 4307 4245
10:47:34PM DOW 33098.9 32925 32847 32738 33043 33174 33262 33413 33070
10:50:44PM NASDAQ 14717.98 14579 14483 14372 14674 14817 14906 15015 14740
10:54:02PM JAPAN 31027 30851 30015 28685 31148 31213 31576 32004 30945 ‘cess

 

5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%

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:EME Empyrean** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:OXIG Oxford Instruments** **LSE:SPT Spirent Comms** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Empyrean, ITV, Music Magpie, Oxford Instruments, Spirent Comms, Tesco,

LSE:AML Aston Martin Close Mid-Price: 244.4 Percentage Change: -7.56% Day High: 263.8 Day Low: 243.8

Continued weakness against AML taking the price below 243.8 calculates as ……..

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LSE:EME Empyrean Close Mid-Price: 0.75 Percentage Change: -4.57% Day High: 0.74 Day Low: 0.72

In the event Empyrean experiences weakness below 0.72 it calculates with ……..

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LSE:ITV ITV. Close Mid-Price: 66.54 Percentage Change: + 0.27% Day High: 67.24 Day Low: 65.08

If ITV experiences continued weakness below 65.08, it will invariably lea ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 25 Percentage Change: + 7.53% Day High: 25 Day Low: 22

Target met. All Music Magpie needs are mid-price trades ABOVE 25 to impro ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1976 Percentage Change: -3.84% Day High: 2045 Day Low: 1950

Target met. In the event Oxford Instruments experiences weakness below 19 ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 93.8 Percentage Change: + 4.11% Day High: 95.3 Day Low: 91

This is almost interesting as above 96 now suggests some recovery to 109p ……..

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LSE:TSCO Tesco. Close Mid-Price: 280.4 Percentage Change: + 3.58% Day High: 281.9 Day Low: 272.9

Target met. In the event of Tesco enjoying further trades beyond 281.9, t ……..

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