Trends And Targets

#Gold #Nasdaq   Our excuse to review Anglo American can be blamed on YouTube and a clickbait headline claiming “British is Building A Massive New Super Mine That Nobody Has Heard Of”. The tone of the blurb in the first few minutes led to a suspicion this was just another ‘fanboy’ presentation, doubtless describing something which will never make it past the drawing board. Such was the level of breathless anticipation, it made sense to fast forward to the end to discover who was behind the project.

With the discovery Anglo American were involved, it felt justified spending some time to discover what it was all about as perhaps there’s something useful about an ore called polyhalite. It’s a mineral used in fertiliser, containing potassium, sulphur, magnesium, and calcium etc. Due to all the goodies and the fact it doesn’t require chemical witchcraft, the product is deemed suitable for organic farming and this deposit on North Yorkshire is the largest discovered in the world (so far). The Anglo American website can provide more information than any sane person needs know about the project and the product but, for a pleasant change, the YouTube recommendation wasn’t pointing toward something without foundations.

Instead, it seems Anglo American are on to something.

 

Unfortunately, if this is the case, their share price isn’t looking terribly enthusiastic. Instead, quite the converse appears possible as the share price looks capable of enjoying some further reversals. Now below 1950p should prove capable of triggering reversal to an initial 1744p and hopefully, due to the presence of the Red uptrend since 2016, a bounce. We can argue for a scenario pointing at 1401p as a “bottom”, should 1744p break but realistically, we’d prefer demanding this share price actually closes below Red before committing to such a target level. There’s a little problem, should the share price manage to close below Red, as it moves into a region where a ridiculous looking longer term cycle to 654p becomes possible.

Surprisingly, Anglo American doesn’t need try too hard to commence an emergency recovery cycle as above 2030p should now trigger price recovery to an initial 2131 with secondary, if exceeded, at 2230. Quite what excuse the share price has to produce these 100 increments is beyond us. But assuringly, should 2230 be exceeded, an impressive 2447p calculates as possible, along with a price level where we shall require revisit the company.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:12:03PM	BRENT	8410.6									‘cess
10:29:31PM	GOLD	1894	1884	1879	1872	1891	1899	1901	1906	1893
10:31:56PM	FTSE	7262.1
10:33:53PM	STOX50	4237.1									‘cess
10:35:52PM	GERMANY	15640.7									‘cess
10:37:58PM	US500	4396.7									‘cess
10:40:53PM	DOW	34442.5									‘cess
10:43:12PM	NASDAQ	14917	14734	14636	14528	14802	14961	15022	15090	14883	Success
10:45:31PM	JAPAN	31830.93									‘cess

 

21/08/2023 FTSE Closed at 7257 points. Change of -0.07%. Total value traded through LSE was: £ 3,872,219,406 a change of -12.04%

18/08/2023 FTSE Closed at 7262 points. Change of -0.66%. Total value traded through LSE was: £ 4,402,136,865 a change of 33.13%

17/08/2023 FTSE Closed at 7310 points. Change of -0.63%. Total value traded through LSE was: £ 3,306,539,758 a change of -30.86%

16/08/2023 FTSE Closed at 7356 points. Change of -0.45%. Total value traded through LSE was: £ 4,782,194,827 a change of 34.91%

15/08/2023 FTSE Closed at 7389 points. Change of -1.57%. Total value traded through LSE was: £ 3,544,639,764 a change of -13.22%

14/08/2023 FTSE Closed at 7507 points. Change of -0.23%. Total value traded through LSE was: £ 4,084,432,990 a change of -33.31%

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

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:CNA Centrica** **LSE:EMG MAN** **LSE:GRG Greggs** **LSE:NWG Natwest** **LSE:PHP Primary Health** **LSE:SPX Spirax** **LSE:TLW Tullow** **

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Updated charts published on : Centrica, MAN, Greggs, Natwest, Primary Health, Spirax, Tullow,

LSE:CNA Centrica. Close Mid-Price: 144.15 Percentage Change: + 0.70% Day High: 145.2 Day Low: 141.8

Continued trades against CNA with a mid-price ABOVE 146 should improve the ……..

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LSE:EMG MAN Close Mid-Price: 202 Percentage Change: -1.56% Day High: 205.3 Day Low: 201.8

Weakness on MAN below 201 will invariably lead to 193 with secondary (if b ……..

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LSE:GRG Greggs Close Mid-Price: 2400 Percentage Change: -1.23% Day High: 2438 Day Low: 2398

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LSE:NWG Natwest Close Mid-Price: 223.9 Percentage Change: -1.24% Day High: 227.7 Day Low: 224

In the event Natwest experiences weakness below 224 it calculates with a d ……..

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LSE:PHP Primary Health Close Mid-Price: 88.8 Percentage Change: -0.22% Day High: 91.15 Day Low: 88.35

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LSE:SPX Spirax Close Mid-Price: 9812 Percentage Change: -0.95% Day High: 9930 Day Low: 9780

In the event Spirax experiences weakness below 9780 it calculates with a d ……..

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LSE:TLW Tullow. Close Mid-Price: 37.54 Percentage Change: + 2.74% Day High: 37.82 Day Low: 36.78

Further movement against Tullow ABOVE 38 should improve acceleration towar ……..

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

#Brent #Dax   Lloyds share price continues to behave badly, along with the rest of the shares in the retail banking sector. The behaviour is extremely frustrating and now, the latest “trick” by Lloyds almost defies belief. The Blue line on the chart, mapping Lloyds Closing Prices provides the reason for our sense of wonder.

In a remarkable series of coincidences, the closing price for Lloyds bank has miraculously refused to end a day below the immediate Blue downtrend since February of this year. For today (Monday 21 Aug), the share price would require to close below 41.959p to signal the share has once again retreated below its trend line but thankfully, thousands of traders around the UK are clearly colluding to ensure Lloyds share price remains in relatively safe territory. Quite how (or why) they could be colluding is beyond us, creating a scenario as impossible to understand as the managed decline in Lloyds share price over the last 6 months.

Maybe some hope can be taken from the effort employed to ensure the alleged breakout experienced by Lloyds (circled) continues to provide hope for the folk who’ve long stopped holding their breathe, awaiting Lloyds enacting something useful. We’re obviously more than a little cynical, running an analysis every three weeks, an exercise which has become akin to changing the order of the words we use!

The immediate situation appears pretty dodgy, calculating with the potential of weakness next below 41.95 bringing reversal to an initial 41p. Should such a target level break, our secondary calculates at 39p. It will perhaps be a bit naive to anticipate these targets anytime soon as the rate of decline for Lloyds, over the last 6 months, works out at less the 1/10th of a penny per day. Timeframes, most emphatically not one of our strong points, indicate it could be another couple of weeks before the 41p level is troubled…

As always, we’ve a fly for this ointment and it continues to look like the market intends bottom Lloyds at 36p eventually, an aspiration which could be 78 days away, if we try and enforce any sort of decline logic. More probably, the market is simply awaiting the right excuse for a sharp plunge.

Otherwise, the situation remains of Lloyds needing above 49.3p to hopefully anoint any rise as being genuine, one capable of signalling happy times ahead.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
8:39:54PM	BRENT	8444.9	8292	8215	8131	8418	8467	8510	8590	8358
8:53:23PM	GOLD	1888.9								1890
8:57:41PM	FTSE	7270								7250
9:36:54PM	STOX50	4219								4183
9:39:48PM	GERMANY	15579.68	15500	15468	15280	15601	15609	15671	15741	15528
9:42:13PM	US500	4372.02								4352
9:44:01PM	DOW	34513								34422
9:46:06PM	NASDAQ	14697.93								14650
9:48:13PM	JAPAN	31497								31513

 

18/08/2023 FTSE Closed at 7262 points. Change of -0.66%. Total value traded through LSE was: £ 4,402,136,865 a change of 33.13%

17/08/2023 FTSE Closed at 7310 points. Change of -0.63%. Total value traded through LSE was: £ 3,306,539,758 a change of -30.86%

16/08/2023 FTSE Closed at 7356 points. Change of -0.45%. Total value traded through LSE was: £ 4,782,194,827 a change of 34.91%

15/08/2023 FTSE Closed at 7389 points. Change of -1.57%. Total value traded through LSE was: £ 3,544,639,764 a change of -13.22%

14/08/2023 FTSE Closed at 7507 points. Change of -0.23%. Total value traded through LSE was: £ 4,084,432,990 a change of -33.31%

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

10/08/2023 FTSE Closed at 7618 points. Change of 0.41%. Total value traded through LSE was: £ 4,083,887,572 a change of -13.93%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **

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Updated charts published on : British Telecom, Centamin, Capita, Diageo, MAN, Experian, EasyJet, Fresnillo, Genel, Glencore Xstra, Greggs, National Glib, Natwest, Oxford Instruments, Primary Health,

LSE:BT.A British Telecom Close Mid-Price: 112.45 Percentage Change: -0.49% Day High: 113.95 Day Low: 111.15

In the event British Telecom experiences weakness below 111.15 it calcula ……..

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LSE:CEY Centamin Close Mid-Price: 84.2 Percentage Change: -0.88% Day High: 85.1 Day Low: 83.65

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LSE:CPI Capita Close Mid-Price: 18.81 Percentage Change: -0.58% Day High: 19.08 Day Low: 18.34

Continued weakness against CPI taking the price below 18.34 calculates as ……..

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LSE:DGE Diageo. Close Mid-Price: 3260 Percentage Change: + 0.06% Day High: 3264.5 Day Low: 3235

Target met. In the event Diageo experiences weakness below 3235 it calcul ……..

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LSE:EMG MAN Close Mid-Price: 205.2 Percentage Change: -1.35% Day High: 208 Day Low: 202.5

Target met. Weakness on MAN below 202.5 will invariably lead to 199 with ……..

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LSE:EXPN Experian Close Mid-Price: 2700 Percentage Change: -0.44% Day High: 2716 Day Low: 2674

Target met. Continued weakness against EXPN taking the price below 2674p ……..

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LSE:EZJ EasyJet Close Mid-Price: 426.5 Percentage Change: -1.20% Day High: 430 Day Low: 419

Target met. In the event EasyJet experiences weakness below 419 it calcul ……..

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LSE:FRES Fresnillo Close Mid-Price: 509.2 Percentage Change: -0.70% Day High: 510.4 Day Low: 499.3

Target met. In the event Fresnillo experiences weakness below 499.3 it ca ……..

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LSE:GENL Genel Close Mid-Price: 77.8 Percentage Change: -1.27% Day High: 79.1 Day Low: 76.3

If Genel experiences continued weakness below 76.3, it will invariably le ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 416.05 Percentage Change: -1.77% Day High: 421.7 Day Low: 413.05

Weakness on Glencore Xstra below 413.05 will invariably lead to 407p with ……..

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LSE:GRG Greggs Close Mid-Price: 2430 Percentage Change: -2.17% Day High: 2470 Day Low: 2404

Target met. If Greggs experiences continued weakness below 2404, it will ……..

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LSE:NG. National Glib. Close Mid-Price: 951.4 Percentage Change: + 0.53% Day High: 955 Day Low: 941.2

Continued weakness against NG. taking the price below 941.2 calculates as ……..

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LSE:NWG Natwest Close Mid-Price: 226.7 Percentage Change: -0.40% Day High: 227.4 Day Low: 224.8

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LSE:OXIG Oxford Instruments Close Mid-Price: 2160 Percentage Change: -2.92% Day High: 2230 Day Low: 2125

If Oxford Instruments experiences continued weakness below 2125, it will ……..

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LSE:PHP Primary Health Close Mid-Price: 89 Percentage Change: -2.31% Day High: 91.3 Day Low: 89.1

Target met. If Primary Health experiences continued weakness below 89.1, ……..

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

#FTSE #Gold The most recent 5 sessions have been quite foul, the FTSE almost behaving as if the summer holiday temps working at the LSE have lost control. While we’re being a little sarcastic, it’s certainly curious Thursday managed to close the day at 7,310 points. It’s curious, ‘cos the Red uptrend since March 2020 calculates at roughly 7,308.678 points, sufficiently close to the actual closing price to emanate a little scent.

If ‘the market’ is indeed paying attention to this Red uptrend, the implication from such precise behaviour is to anticipate a bounce on the FTSE, working on the basis the summertime temps have been told not to break Red on the chart. Or maybe it’s just the case the market is exhibiting its renowned sense of humour?

The immediate test, one hopefully able to ‘prove’ whether Red is valid or not, allows for weakness below 7305 points triggering reversal to 7279 points next. Our secondary, if such a level breaks, calculates at 7243 points and a level which should hopefully provoke a bounce. However, it’s crucial to mention we shall regard the overall attraction as now coming from 7077 points, if this scenario starts to play out. If triggered, the tightest stop loss looks like 7355 points.

 

Our alternate scenario, if our suspicion of a bounce comes to fruition, suggests above 7355 as ideally capable of a stab at an initial 7398 points. If exceeded, our secondary works out at 7422 points. Without a doubt, the FTSE feels like it’s at one of these “fingers crossed” moments. Hopefully all the politicians continue to avoid appearing in front of TV cameras.

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
9:17:26PM	BRENT	8345.7	8264	8081		8365	8451	8489		8361
9:20:30PM	GOLD	1888.82	1884	1871		1896	1898	1901		1887
9:24:19PM	FTSE	7272.6	7269	7263		7316	7324	7337		7292	‘cess
9:29:52PM	STOX50	4204.9	4202	4197		4234	4236	4248		4212	Success
9:32:17PM	GERMANY	15600.1	15591	15555		15697	15714	15747		15650	‘cess
9:42:29PM	US500	4365.1	4363	4349		4412	4421	4436		4393
9:47:52PM	DOW	34452.5	34438	34376		34501	34560	34585		34493	‘cess
9:52:27PM	NASDAQ	14686.3	14684	14603		14750	14949	14998		14840	Success
9:55:01PM	JAPAN	31355	31301	31110		31457	31681	31779		31550	‘cess

 

17/08/2023 FTSE Closed at 7310 points. Change of -0.63%. Total value traded through LSE was: £ 3,306,539,758 a change of -30.86%

16/08/2023 FTSE Closed at 7356 points. Change of -0.45%. Total value traded through LSE was: £ 4,782,194,827 a change of 34.91%

15/08/2023 FTSE Closed at 7389 points. Change of -1.57%. Total value traded through LSE was: £ 3,544,639,764 a change of -13.22%

14/08/2023 FTSE Closed at 7507 points. Change of -0.23%. Total value traded through LSE was: £ 4,084,432,990 a change of -33.31%

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

10/08/2023 FTSE Closed at 7618 points. Change of 0.41%. Total value traded through LSE was: £ 4,083,887,572 a change of -13.93%

9/08/2023 FTSE Closed at 7587 points. Change of 0.8%. Total value traded through LSE was: £ 4,744,774,883 a change of 3.35%

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:CEY Centamin** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:IQE IQE** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : Centamin, Capita, MAN, Experian, EasyJet, Fresnillo, Genel, IQE, Marks and Spencer, National Glib, Oxford Instruments,

LSE:CEY Centamin Close Mid-Price: 84.95 Percentage Change: -2.36% Day High: 86.35 Day Low: 84.9

If Centamin experiences continued weakness below 84.9, it will invariably ……..

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LSE:CPI Capita Close Mid-Price: 18.92 Percentage Change: -1.20% Day High: 19.53 Day Low: 18.83

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LSE:EMG MAN Close Mid-Price: 208 Percentage Change: -1.19% Day High: 210.3 Day Low: 207.4

If MAN experiences continued weakness below 207.4, it will invariably lea ……..

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LSE:EXPN Experian Close Mid-Price: 2712 Percentage Change: -1.95% Day High: 2756 Day Low: 2709

Weakness on Experian below 2709 will invariably lead to 2681 with seconda ……..

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LSE:EZJ EasyJet Close Mid-Price: 431.7 Percentage Change: -2.18% Day High: 441.6 Day Low: 431.8

Continued weakness against EZJ taking the price below 431.8 calculates as ……..

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LSE:FRES Fresnillo Close Mid-Price: 512.8 Percentage Change: -0.16% Day High: 515.8 Day Low: 505

Weakness on Fresnillo below 505 will invariably lead to 501p with seconda ……..

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LSE:GENL Genel Close Mid-Price: 78.8 Percentage Change: -2.23% Day High: 80.4 Day Low: 78.5

In the event Genel experiences weakness below 78.5 it calculates with a d ……..

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LSE:IQE IQE Close Mid-Price: 17.94 Percentage Change: -3.03% Day High: 18.64 Day Low: 17.82

If IQE experiences continued weakness below 17.82, it will invariably lea ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 225.8 Percentage Change: -2.50% Day High: 233.4 Day Low: 226.4

In the event of Marks and Spencer enjoying further trades beyond 233.4, t ……..

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LSE:NG. National Glib Close Mid-Price: 946.4 Percentage Change: -0.98% Day High: 955.4 Day Low: 944.2

Target met. Weakness on National Glib below 944.2 will invariably lead to ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2225 Percentage Change: -0.67% Day High: 2335 Day Low: 2140

Target met. In the event Oxford Instruments experiences weakness below 21 ……..

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

 #Gold #SP500 

A recent article about a father and daughter crew, piloting a Jet2 flight certainly gave pause for thought. Anytime my own daughter is behind the wheel of a car I’m in, I tend keep my eyes tightly shut. This is probably not an ideal scenario for the captain of a commercial passenger jet. My daughter, of course, prefers believe I find it easy to fall asleep, if she’s driving…

It’s been a while since we reviewed Jet2’s share price and admit it’s been performing quite strangely since February, perhaps not with sufficient erratic behaviour to force investors to close their eyes but undoubtedly, there’s something a bit funny going on. Though, broadly speaking, it’s been following a similar zombie trail to that followed by British Airways or EasyJet. The chart below tells a complex story.

Since February of this year, the share price broke upward through an obvious Blue downtrend and in the period since, effectively treated this trend line like it didn’t really matter. Except there’s a problem as during July, on two occasions, the market very deliberately chose to Gap (manipulate) the share price below this Blue line on two distinct occasions. As a result, we’re supposed to conclude this trend line may actually be important, thanks to the market confirming it isn’t a figment of our imagination!

We’re at a bit of a loss as share price movements are generally calculated on how they perform in relation to trend lines and Jet2 are failing to play along. It makes sense to attempt discover just what’s needed to allow us to shoehorn price movements into our logic. Currently, above 1201p calculates as capable of a visit to 1255p, an area where some hesitation is expected. Should such a mild ascent occur, it will tick the first box in a logic pointing at share price recovery. Should our initial target of 1255p be bettered,  things become interesting as the share price shall be viewed as entering a longer term cycle to 1496p. At such a level, the visual implication is game changing as it paints a new high, hopefully able to allow the share price to close above the glass ceiling which seems to have formed at the 14 quid level.

 

If things intend go wrong for Jet2, share price movements below 1100p risk triggering reversal to an initial 1001p and hopefully a rebound. If circumstances allow such a level to break, our secondary calculates at 702p, a sizeable drop we’d normally call ridiculous, were it not for share price movements less than a year ago!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:47:13PM	BRENT	8298.6									Success
9:50:12PM	GOLD	1892.6	1891	1871	1861	1907	1907	1913	1921	1896	‘cess
9:53:41PM	FTSE	7322.3									‘cess
9:56:33PM	STOX50	4260.5									Shambles
9:58:56PM	GERMANY	15718.4
10:11:17PM	US500	4403.5	4401	4351	4266	4451	4451	4470	4493	4427	Success
10:14:12PM	DOW	34786
10:18:08PM	NASDAQ	14870.9									Success
10:22:08PM	JAPAN	31657									Success

 

16/08/2023 FTSE Closed at 7356 points. Change of -0.45%. Total value traded through LSE was: £ 4,782,194,827 a change of 34.91%

15/08/2023 FTSE Closed at 7389 points. Change of -1.57%. Total value traded through LSE was: £ 3,544,639,764 a change of -13.22%

14/08/2023 FTSE Closed at 7507 points. Change of -0.23%. Total value traded through LSE was: £ 4,084,432,990 a change of -33.31%

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

10/08/2023 FTSE Closed at 7618 points. Change of 0.41%. Total value traded through LSE was: £ 4,083,887,572 a change of -13.93%

9/08/2023 FTSE Closed at 7587 points. Change of 0.8%. Total value traded through LSE was: £ 4,744,774,883 a change of 3.35%

8/08/2023 FTSE Closed at 7527 points. Change of -0.36%. Total value traded through LSE was: £ 4,591,181,240 a change of 31.12%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BME B & M** **LSE:CEY Centamin** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:TERN Tern Plc** **

********

Updated charts published on : BALFOUR BEATTY, B & M, Centamin, Centrica, Experian, EasyJet, Fresnillo, Genel, Glencore Xstra, Marks and Spencer, Natwest, Oxford Instruments, Tern Plc,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 310 Percentage Change: -10.61% Day High: 355.8 Day Low: 296

Target met. Continued weakness against BBY taking the price below 296 cal ……..

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LSE:BME B & M. Close Mid-Price: 574.8 Percentage Change: + 1.70% Day High: 583 Day Low: 565.2

Further movement against B & M ABOVE 583 should improve acceleration towa ……..

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LSE:CEY Centamin Close Mid-Price: 87 Percentage Change: -1.69% Day High: 90.95 Day Low: 86.8

Continued weakness against CEY taking the price below 86.8 calculates as ……..

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LSE:CNA Centrica. Close Mid-Price: 143.3 Percentage Change: + 0.92% Day High: 145.05 Day Low: 141.65

Continued trades against CNA with a mid-price ABOVE 145.05 should improve ……..

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LSE:EXPN Experian Close Mid-Price: 2766 Percentage Change: -0.86% Day High: 2798 Day Low: 2748

Target met. If Experian experiences continued weakness below 2748, it wil ……..

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LSE:EZJ EasyJet. Close Mid-Price: 441.3 Percentage Change: + 0.52% Day High: 444.1 Day Low: 435

Weakness on EasyJet below 435 will invariably lead to 424 followed by a f ……..

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LSE:FRES Fresnillo Close Mid-Price: 513.6 Percentage Change: -2.36% Day High: 534 Day Low: 510.2

Target met. Continued weakness against FRES taking the price below 510.2 ……..

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LSE:GENL Genel Close Mid-Price: 80.6 Percentage Change: -1.59% Day High: 82.5 Day Low: 79.9

Target met. Continued weakness against GENL taking the price below 79.9 c ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 419.5 Percentage Change: + 0.11% Day High: 422.75 Day Low: 414.65

In the event Glencore Xstra experiences weakness below 414.65 it calculat ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 231.6 Percentage Change: + 4.51% Day High: 231.8 Day Low: 222.7

Target met. Continued trades against MKS with a mid-price ABOVE 231.8 sho ……..

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LSE:NWG Natwest Close Mid-Price: 226.4 Percentage Change: -3.08% Day High: 232.1 Day Low: 226

If Natwest experiences continued weakness below 226p, it will invariably ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2240 Percentage Change: -1.54% Day High: 2380 Day Low: 2220

Continued weakness against OXIG taking the price below 2220 calculates as ……..

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LSE:TERN Tern Plc Close Mid-Price: 5 Percentage Change: -16.67% Day High: 5.5 Day Low: 4.75

In the event Tern Plc experiences weakness below 4.75 it calculates with ……..

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

#FTSE #Nasdaq  This probably means something important and we’ve drawn our own conclusions. The price of Gold often fails to comply with our in-house logic when it’s heading upward. Yet, when downward, our projections are often devastatingly correct. Historically, once things get above the 2000 dollar level, it almost feels like a human somewhere has intervened and said “Nope!”. Obviously this is a silly concept in a free and fair marketplace.

The chart below highlights the market has tended lose confidence in the price of the precious metal, virtually the moment it dares exceed an imaginary line. Curiously, in April of this year, for a moment we thought the price was going to get away with a rise and for 4 weeks, it finally “felt” like the price was indeed going to break upward. But when the surge arrived at the start of May, rather than accelerate above the 2100 level, for a mystery reason the price opted to discover the joys of spoiling the fun for all the folk who’d long positions and currently, we feel the dig downward hasn’t yet concluded.

However, it may be worth remembering the degree of mucking about during April tends suggest the imaginary ceiling at around 2070 dollars may be weakening. In fact, if the price now manages above 2077 dollars, conventional thinking suggests a 4th stab at the glass ceiling should break it, perhaps triggering movement to an initial 2128 with our secondary, if bettered, calculating at 2347 dollars. While these targets fail to align with the fantastic ambition of $3000 mentioned by industry ‘analysts’, these same experts have been predicting the three thousand dollar level since 2009.

 

For now, it feels like Gold has entered a reversal cycle, one where weakness next below $1896 risks triggering travel down to an initial 1876 dollars with secondary, if broken, working out at 1809. Usually we’d be happy to ridicule such a secondary but visually, the metal was trading at such a level last March and therefore, such an ambition is liable to be far from stupid. In fact, glancing at the chart, it actually makes quite a bit of sense.

We’ve displayed our target levels below 1809, should everything go wrong. Surprisingly, neither of them make much visual sense, so we currently distrust the calculations.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:16:52PM	BRENT	8459									Success
9:20:05PM	GOLD	1902.36									‘cess
9:32:19PM	FTSE	7383.5	7368	7346	7254	7427	7437	7456	7485	7400	Success
9:34:44PM	STOX50	4274									‘cess
9:48:34PM	GERMANY	15732									‘cess
10:24:56PM	US500	4436.9									‘cess
10:27:55PM	DOW	34949									Success
10:30:52PM	NASDAQ	15043.8	15030	15021	14940	31839	15144	15189	15248	15080
10:33:25PM	JAPAN	31915									‘cess

 

15/08/2023 FTSE Closed at 7389 points. Change of -1.57%. Total value traded through LSE was: £ 3,544,639,764 a change of -13.22%

14/08/2023 FTSE Closed at 7507 points. Change of -0.23%. Total value traded through LSE was: £ 4,084,432,990 a change of -33.31%

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

10/08/2023 FTSE Closed at 7618 points. Change of 0.41%. Total value traded through LSE was: £ 4,083,887,572 a change of -13.93%

9/08/2023 FTSE Closed at 7587 points. Change of 0.8%. Total value traded through LSE was: £ 4,744,774,883 a change of 3.35%

8/08/2023 FTSE Closed at 7527 points. Change of -0.36%. Total value traded through LSE was: £ 4,591,181,240 a change of 31.12%

7/08/2023 FTSE Closed at 7554 points. Change of -0.13%. Total value traded through LSE was: £ 3,501,608,401 a change of -4.09%

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:AV. Aviva** **LSE:BME B & M** **LSE:CEY Centamin** **LSE:CNA Centrica** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **

********

Updated charts published on : Aviva, B & M, Centamin, Centrica, MAN, Experian, EasyJet, Firstgroup, Genel, Glencore Xstra, IQE, ITM Power, Marks and Spencer, National Glib, Oxford Instruments,

LSE:AV. Aviva Close Mid-Price: 379.9 Percentage Change: -1.02% Day High: 384.9 Day Low: 376.5

Weakness on Aviva below 376.5 will invariably lead to 374 with secondary ……..

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LSE:BME B & M. Close Mid-Price: 565.2 Percentage Change: + 2.02% Day High: 567.2 Day Low: 554

Continued trades against BME with a mid-price ABOVE 567.2 should improve ……..

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LSE:CEY Centamin Close Mid-Price: 88.5 Percentage Change: -1.61% Day High: 90 Day Low: 88.3

Weakness on Centamin below 87p will invariably lead to 82p with secondary ……..

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LSE:CNA Centrica Close Mid-Price: 142 Percentage Change: -0.04% Day High: 142.5 Day Low: 140.55

In the event of Centrica enjoying further trades beyond 142.5, the share ……..

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LSE:EMG MAN Close Mid-Price: 212.1 Percentage Change: -1.03% Day High: 217 Day Low: 210.7

Continued weakness against EMG taking the price below 210.7 calculates as ……..

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LSE:EXPN Experian Close Mid-Price: 2790 Percentage Change: -2.65% Day High: 2868 Day Low: 2779

In the event Experian experiences weakness below 2779 it calculates with ……..

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LSE:EZJ EasyJet Close Mid-Price: 439 Percentage Change: -1.53% Day High: 446.6 Day Low: 437.6

If EasyJet experiences continued weakness below 437.6, it will invariably ……..

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LSE:FGP Firstgroup Close Mid-Price: 155.1 Percentage Change: -0.32% Day High: 158.6 Day Low: 150

Target met. All Firstgroup needs are mid-price trades ABOVE 158.6 to impr ……..

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LSE:GENL Genel Close Mid-Price: 81.9 Percentage Change: -3.87% Day High: 86.1 Day Low: 81.6

Weakness on Genel below 81.6 will invariably lead to 79p with secondary ( ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 419.05 Percentage Change: -3.40% Day High: 433.45 Day Low: 417

Target met. Continued weakness against GLEN taking the price below 417p c ……..

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LSE:IQE IQE Close Mid-Price: 18.16 Percentage Change: -3.71% Day High: 18.6 Day Low: 18.1

In the event IQE experiences weakness below 18.1 it calculates with a dro ……..

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LSE:ITM ITM Power. Close Mid-Price: 97 Percentage Change: + 0.92% Day High: 99 Day Low: 94.68

In the event of ITM Power enjoying further trades beyond 99, the share sh ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 221.6 Percentage Change: + 8.26% Day High: 224.5 Day Low: 213.8

Target met. Further movement against Marks and Spencer ABOVE 224.5 should ……..

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LSE:NG. National Glib Close Mid-Price: 960 Percentage Change: -1.56% Day High: 974 Day Low: 954.4

If National Glib experiences continued weakness below 954.4, it will inva ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2275 Percentage Change: -1.52% Day High: 2345 Day Low: 2265

Weakness on Oxford Instruments below 2265 will invariably lead to 2185p w ……..

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

#Gold #Nasdaq  With the decision to bite the bullet and order some solar panels for our home here in Argyll, we decided to take a look at companies claiming to be at the forefront of the industry. To be upfront, we decided to eschew “help” for our own solar scheme, our south facing cottage probably capable of becoming quite self sustaining, our intention being to create something without interference from the national grid.

Our thinking is fairly simple. Currently, our electricity supplier is offering 5p per kw/hour as a refund for electricity fed back into the system. However, if we buy a kw/hour from them, it’s at 27p, obviously great for our electricity supplier but making less sense from the customers viewpoint. In our case, the intention is to employ storage batteries which will ensure we’ve ample power during the hours of darkness in our Scottish winters. We’re also a little spoiled with a stream running through the garden, one which is again about to start generating a small amount of power, due to version one of the design being washed out to sea! Eventually, by developing something in parallel with the existing electrical supply, we hope to be at the stage we’ve reached with the TV, a point when we can tell the BBC to cancel the licence as we’ve weaned ourselves off live TV.

In our case, we’re lucky with a family member who’s a fully fledged electrician and able to ensure compliance with safety regulations and standards. Whether the project is hydro or solar related, once you start making plans for heating systems and hot water supply, things risk becoming dangerous pretty quickly and beyond most DIY ambitions.

 

eEnergy have created a slick and informative website, aimed at assisting companies start their journey to “net zero” (whatever that actually is), while also offering their customers to chance to pocket a little loose change along the way. Broadly speaking, they’ve created something aimed at taking the hassle of doing the right thing away from the client, providing plenty of Case Studies which should assure prospective clients.

A share price now above 7p should now prove capable of triggering price recovery to an initial 9.1p with secondary, if exceeded, working out at 10.3p. Visually, the secondary is liable to prove quite important for the long term as it affords the price the chance of closing above the visual glass ceiling at 10p. This should be extremely significant for the future as closure above 10p takes the price into a zone where strong improvement to a future 22p works out as possible.

This is perhaps worth keeping an eye on.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:41:54PM	BRENT	8598
9:44:57PM	GOLD	1907.07	1902	1898	1869	1916	1912	1914	1918	1908	‘cess
9:58:39PM	FTSE	7515.1									‘cess
10:00:42PM	STOX50	4337
10:03:18PM	GERMANY	15922.5
10:05:35PM	US500	4491
10:08:01PM	DOW	35298.5
10:10:58PM	NASDAQ	15211	14954	14890	14783	15053	15212	15269	15374	15104	Shambles
10:15:47PM	JAPAN	32300									Success

 

14/08/2023 FTSE Closed at 7507 points. Change of -0.23%. Total value traded through LSE was: £ 4,084,432,990 a change of -33.31%

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

10/08/2023 FTSE Closed at 7618 points. Change of 0.41%. Total value traded through LSE was: £ 4,083,887,572 a change of -13.93%

9/08/2023 FTSE Closed at 7587 points. Change of 0.8%. Total value traded through LSE was: £ 4,744,774,883 a change of 3.35%

8/08/2023 FTSE Closed at 7527 points. Change of -0.36%. Total value traded through LSE was: £ 4,591,181,240 a change of 31.12%

7/08/2023 FTSE Closed at 7554 points. Change of -0.13%. Total value traded through LSE was: £ 3,501,608,401 a change of -4.09%

4/08/2023 FTSE Closed at 7564 points. Change of 0.46%. Total value traded through LSE was: £ 3,650,960,164 a change of -42.72%

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:BME B & M** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:QED Quadrise** **LSE:TSCO Tesco** **

********

Updated charts published on : B & M, MAN, Fresnillo, Music Magpie, Natwest, Quadrise, Tesco,

LSE:BME B & M. Close Mid-Price: 554 Percentage Change: + 3.01% Day High: 555.4 Day Low: 539.2

Above just 563 now looks capable of a lift to 588 next with secondary, if ……..

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LSE:EMG MAN. Close Mid-Price: 214.3 Percentage Change: + 0.05% Day High: 215.1 Day Low: 212.3

This is getting a little silly as below 212 indicates the potential for re ……..

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LSE:FRES Fresnillo Close Mid-Price: 525.4 Percentage Change: -2.81% Day High: 547.2 Day Low: 520.8

If Fresnillo experiences continued weakness below 520.8, it will invariab ……..

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LSE:MMAG Music Magpie Close Mid-Price: 18.75 Percentage Change: -1.32% Day High: 20.25 Day Low: 18.75

In the event of Music Magpie enjoying further trades beyond 20.25, the sh ……..

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LSE:NWG Natwest Close Mid-Price: 235.1 Percentage Change: -0.38% Day High: 236 Day Low: 234.3

Now below 231 threatens reversal to an initial 223 with secondary, if brok ……..

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LSE:QED Quadrise. Close Mid-Price: 1.21 Percentage Change: + 0.00% Day High: 1.25 Day Low: 1.24

Allegedly, above 1.27 should next trigger recovery to an initial 1.33 with ……..

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LSE:TSCO Tesco Close Mid-Price: 250.4 Percentage Change: -0.32% Day High: 251.1 Day Low: 248.8

Now getting dodgy, below 245 suggests the potential of coming weakness to ……..

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

#Brent #Stoxx50  Barclays look like they have developed a dandruff problem, along with an unfortunate liking for Lady GaGa. Or in plain English, movements over the last month are providing an excuse to take the reader “Back to School”, due to a plethora of what are supposed to be glaringly obvious chart signals which provide ‘safe’ short selling opportunities!

The “GaGa” thing is a confection of our own invention, one which seems almost unique to the UK markets. When a share suffers a Gap Up, followed by a Gap Down, a fairly reliable signal is being given which normally makes a reversal inevitable. We’ve circled a couple of movements on the chart below, along with a Red closing price trend line mapping the most recent uptrend. As shown, August commenced with Barclays share price being gapped below this closing price trend, thus creating a situation where share price reversal would normally be seen as inevitable. The two previous gaps (highlighted with little red triangles) during July have already inflicting their damage to the share price.

Next, there’s the Dandruff element. The share price produced what’s conventionally known as a “Head & Shoulders”, delineated on the chart below, complete with a pair of cartoon eyes to show the area designated as the head… Head & Shoulders formations, similar to the shampoo, work out some of the time.

When we combine a Trend Break, a GaGa, and a Head & Shoulders, the penny eventually drops this abundance of signals is perhaps suggesting the market REALLY wants Barclays share price to reverse. Historically, we deplore being spoon fed the obvious as sometimes it can feel like the market is playing an elaborate practical joke.

 

In the case of Barclays, if chasing a Short position, we can calculate the tightest “sane” stop loss level is at 154p for the following scenario. Weakness now below 143p risks triggering sharp reversal to an initial 127p with secondary, if broken, at 123p and hopefully a proper bounce.

Our alternate scenario, due to our dislike of the traffic jam of negative signals, suggests movement next above just 149p should propel the share up to an initial 157p with secondary, if bettered, at a game changing 166p, taking the price into a region where strong future price recovery can be expected. Conventionally we’d be happy studying just one of the warning signals given above but in this instance, it starts to feel like a politician piling up its excuses, prior to being found out. Time will tell.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
1:09:41AM	BRENT	86.59	86.2	85.66	85.1	86.75	87.34	88.8	94.49	86.54
1:11:47AM	GOLD	1913.24								1915
10:46:47PM	FTSE	7532								7540
10:48:26PM	STOX50	4326	4308	4275	4203	4355	4366	4396	4442	4307
10:50:14PM	GERMANY	15849								15888
10:52:45PM	US500	4466.8								4463
10:54:47PM	DOW	35297								35234
10:57:30PM	NASDAQ	15035.9								15104
10:59:32PM	JAPAN	32473								32470

 

11/08/2023 FTSE Closed at 7524 points. Change of -1.23%. Total value traded through LSE was: £ 6,124,601,431 a change of 49.97%

10/08/2023 FTSE Closed at 7618 points. Change of 0.41%. Total value traded through LSE was: £ 4,083,887,572 a change of -13.93%

9/08/2023 FTSE Closed at 7587 points. Change of 0.8%. Total value traded through LSE was: £ 4,744,774,883 a change of 3.35%

8/08/2023 FTSE Closed at 7527 points. Change of -0.36%. Total value traded through LSE was: £ 4,591,181,240 a change of 31.12%

7/08/2023 FTSE Closed at 7554 points. Change of -0.13%. Total value traded through LSE was: £ 3,501,608,401 a change of -4.09%

4/08/2023 FTSE Closed at 7564 points. Change of 0.46%. Total value traded through LSE was: £ 3,650,960,164 a change of -42.72%

3/08/2023 FTSE Closed at 7529 points. Change of -0.42%. Total value traded through LSE was: £ 6,373,701,191 a change of 36.1%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:CNA Centrica** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:GLEN Glencore Xstra** **LSE:OXIG Oxford Instruments** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Block Energy PLC, Centrica, EasyJet, Firstgroup, Glencore Xstra, Oxford Instruments, Standard Chartered,

LSE:BLOE Block Energy PLC Close Mid-Price: 1.07 Percentage Change: -4.44% Day High: 1.12 Day Low: 1.05

Block Energy is looking a bit grotty as below 1.05 threatens a visit down ……..

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LSE:CNA Centrica Close Mid-Price: 141.35 Percentage Change: -0.04% Day High: 141.7 Day Low: 139.8

All Centrica needs are mid-price trades ABOVE 141.7 to improve accelerati ……..

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LSE:EZJ EasyJet Close Mid-Price: 447.8 Percentage Change: -0.49% Day High: 451.2 Day Low: 445.3

This has spent the year parked but now, looks capable of providing some ac ……..

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LSE:FGP Firstgroup Close Mid-Price: 153.9 Percentage Change: -0.77% Day High: 155.6 Day Low: 148

In the event of Firstgroup enjoying further trades beyond 155.6, the shar ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 444.7 Percentage Change: -2.23% Day High: 450.55 Day Low: 442.45

Glencore are not enjoying a great year, their share price being pretty ran ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2345 Percentage Change: -0.64% Day High: 2365 Day Low: 2335

Below 2270 now looks troubling, probably capable of pushing the price down ……..

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LSE:STAN Standard Chartered Close Mid-Price: 755 Percentage Change: -0.34% Day High: 760.8 Day Low: 750.6

This is crazy, the price steadily gaining since March but at a very slow r ……..

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