Trends And Targets

#FTSE #Gold

Liz Truss, serving as Prime Minister under more British monarchs in the last 70 years than any other PM, didn’t rock the FTSE with news of her retreat. The FTSE went up a bit, matching the days previous high, then fell. Also, GBPUSD spiked, then fell. The conclusion drawn suggests no-one was impressed, doubtless worrying which Muppet is next? Or maybe not…

We’ve a bit of a problem with the FTSE movement as it coincided with similar movements everywhere else. Even Bitcoin USD enjoyed a little spike before falling back again, clearly a market which would ignore the travails of the UK and its inability to discover politicians capable of governing. The chart immediately below shows the lack of impact on the 20th October, a day which will not go down in history.

As for the FTSE near term, below 6894 looks capable of trouble (as long as it isn’t in the opening seconds of Friday), potentially able to provoke reversal to an initial 6861 points with secondary, if broken, a hopeful bottom of 6810 points. Visually, this would make a lot of sense, given movements during the last few weeks. There is the potential for serious dramatics, should the FTSE discover a reason to close a session below 6810 points as a cycle downhill to 6330 points shall look inevitable.

 

However, we can admit our converse scenario looks more probable. Movement now above 6969 points should trigger market recovery to an initial 7008 points with secondary, if bettered, calculating at a more useful 7042 points. To escape from the index’ current spiral of doom, the FTSE still needs above 7200. Quite crucially, in the even the FTSE invents justification to close above 7042 points, a major box is ticked in a series of arguments promoting surprise UK market recovery.

Have a good weekend and enjoy the American GP, this one thankfully being from the Circuit of the Americas.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:58:10PM	BRENT	91.44	90.6	89.47		91.78	92.42	93.43		91.52	Success
10:00:31PM	GOLD	1628.56	1622	1617		1635	1639	1648		1630	‘cess
10:02:46PM	FTSE	6925	6886	6869		6919	6954	6977		6913
10:05:47PM	STOX50	3470	3441	3426		3479	3501	3508		3462
10:08:21PM	GERMANY	12668	12648	12630		12702	12790	12826		12742	Shambles
10:10:53PM	US500	3667	3654	3628		3698	3736	3772		3678	Shambles
10:14:18PM	DOW	30385	30248	30182		30439	30585	30863		30401
10:17:49PM	NASDAQ	11024	10980	10912		11110	11184	11204		11066	Shambles
10:20:18PM	JAPAN	27015	26855	26741		27044	27286	27331		27038	Shambles

 

20/10/2022 FTSE Closed at 6943 points. Change of 0.27%. Total value traded through LSE was: £ 5,436,111,933 a change of 16.23%

19/10/2022 FTSE Closed at 6924 points. Change of -0.17%. Total value traded through LSE was: £ 4,677,060,342 a change of 1.53%

18/10/2022 FTSE Closed at 6936 points. Change of 0.23%. Total value traded through LSE was: £ 4,606,547,755 a change of 0%

17/10/2022 FTSE Closed at 6920 points. Change of 0.9%. Total value traded through LSE was: £ 4,606,393,574 a change of -22.77%

14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%

13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

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:ASC Asos** **LSE:BARC Barclays** **LSE:CEY Centamin** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:IGAS Igas Energy** **LSE:OCDO Ocado Plc** **

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Updated charts published on : Asos, Barclays, Centamin, Fresnillo, Hikma, Igas Energy, Ocado Plc,

LSE:ASC Asos Close Mid-Price: 537 Percentage Change: -2.36% Day High: 564 Day Low: 522

All Asos needs are mid-price trades ABOVE 564 to improve acceleration tow ……..

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LSE:BARC Barclays. Close Mid-Price: 145.34 Percentage Change: + 0.72% Day High: 148.5 Day Low: 142.2

In the event Barclays experiences weakness below 142.2 it calculates with ……..

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LSE:CEY Centamin. Close Mid-Price: 88.66 Percentage Change: + 6.82% Day High: 88.82 Day Low: 82

Further movement against Centamin ABOVE 88.82 should improve acceleration ……..

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LSE:FRES Fresnillo. Close Mid-Price: 713.6 Percentage Change: + 3.96% Day High: 716.4 Day Low: 679

If Fresnillo experiences continued weakness below 679, it will invariably ……..

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LSE:HIK Hikma Close Mid-Price: 1210.5 Percentage Change: -1.82% Day High: 1231 Day Low: 1200

Target met. Continued weakness against HIK taking the price below 1200 ca ……..

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LSE:IGAS Igas Energy Close Mid-Price: 34 Percentage Change: -6.59% Day High: 42.8 Day Low: 32.5

Target met. If Igas Energy experiences continued weakness below 32.5, it ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 493.9 Percentage Change: + 3.33% Day High: 501.4 Day Low: 469.6

All Ocado Plc needs are mid-price trades ABOVE 501.4 to improve accelerat ……..

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

#FTSE #Nasdaq

Uranium shares are lacking in the UK markets, perhaps due to nothing in the country enjoying a decent half-life. Watching UK Govt ministerial careers now being measuring in days, gives a reasonable clue. But on the Nasdaq and Australian exchanges, we didn’t need dig too far to uncover a couple of glowing prospects. It’s probably important to mention, UEC share price is in US Dollars, Bannerman is priced in Australian Dollars.

We appear to have a few customers fascinated by uranium, doubtless due to a reasonable expectation for clean and cheap nuclear power to become rather more important than others in the years ahead. It’d almost be funny, if it were not the public paying the literal cost of many “green initiatives” which make for great headlines and political photo opportunities. But tried and tested nuclear power was almost abandoned after it became fashionable to refer to the tsunami nuclear incident as ‘The Fukushima Disaster’. The Japanese government now confirm one single person died from radiation related illness.

 

We think a visit to the Bannerman website is time well spent, their activities fascinating and obviously, they highlight themselves as “world leading” in the area of nuclear safety. It’d be silly to expect otherwise from any organisation in this field. The company introduced a 1:10 share split at the end of July, a direction of split we’ve come to loathe from the UK markets as it’s primarily used to conceal a failing share price. In the case of Bannerman, their share price has been sound asleep since 2012, trading below the dollar level.

Being unfamiliar with Australian exchange share price behaviour following this bias of split (we’ll take your 10 shares and give you a brand new shiny single share), it’d be unfair of us to anticipate the worst for the future. Instead, we’re inclined to mild optimism and suspect, should this exceed our next trigger at 2.25 AUD, some price recovery to an initial 2.8 is expected with secondary, if bettered, at a longer term 4.97 AUD.

Should their share price intend something awful, below 1.6 should suffice as this comes with the threat of the share price halving.

 

Uranium Energy Corp (AMEX:UEC) Clearly a little more hopeful than their Australian counterpart’s share price, UEC look poised for some action. After a glance through their website, we were pleased to note there’s no mention of Homer Simpson nor the town of Springfield, calling into question the documentary credentials of “The Simpsons” on telly. But to be fair, UEC mine uranium, selling the stuff to the folk who actually use it.

Our inclination is to regard 4.25 as a potential trigger for any future growth cycle.

Above 4.25 calculates with the potential of movement to an initial US $5.70 with our secondary, if bettered, at a new high of $6.70. Despite such a secondary ambition effectively matching the highs of 2011, should the share price manage to close a session in the future above 6.70, some truly impressive long term potentials open up.

Of the two companies discussed, both are worth watching but for early potentials, we suspect UEC shall prove most interesting.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:01:10PM	BRENT	91.2
10:03:54PM	GOLD	1629.75	1627	1623	1612	1638	1647	1650	1657	1637	Success
10:05:44PM	FTSE	6931									‘cess
10:07:38PM	STOX50	3472.4
10:19:21PM	GERMANY	12742.83
10:27:10PM	US500	3697
10:35:54PM	DOW	30483.7
10:37:34PM	NASDAQ	11099	11000	10915	10776	11164	11246	11351	11468	11085
10:39:22PM	JAPAN	27057

 

19/10/2022 FTSE Closed at 6924 points. Change of -0.17%. Total value traded through LSE was: £ 4,677,060,342 a change of 1.53%

18/10/2022 FTSE Closed at 6936 points. Change of 0.23%. Total value traded through LSE was: £ 4,606,547,755 a change of 0%

17/10/2022 FTSE Closed at 6920 points. Change of 0.9%. Total value traded through LSE was: £ 4,606,393,574 a change of -22.77%

14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%

13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:IGAS Igas Energy** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **

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Updated charts published on : Asos, Barclays, Fresnillo, Hikma, Igas Energy, Intertek, ITV, Rolls Royce, Tullow,

LSE:ASC Asos. Close Mid-Price: 550 Percentage Change: + 12.24% Day High: 562.5 Day Low: 476.2

Further movement against Asos ABOVE 562.5 should improve acceleration tow ……..

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LSE:BARC Barclays Close Mid-Price: 144.3 Percentage Change: -2.17% Day High: 146.8 Day Low: 143.22

Weakness on Barclays below 143.22 will invariably lead to 140 with second ……..

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LSE:FRES Fresnillo Close Mid-Price: 686.4 Percentage Change: -2.72% Day High: 714.8 Day Low: 684.2

In the event Fresnillo experiences weakness below 684.2 it calculates wit ……..

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LSE:HIK Hikma Close Mid-Price: 1233 Percentage Change: -0.68% Day High: 1250 Day Low: 1213

Weakness on Hikma below 1213 will invariably lead to 1200 with secondary ……..

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LSE:IGAS Igas Energy Close Mid-Price: 36.4 Percentage Change: -4.21% Day High: 38.8 Day Low: 34.3

In the event Igas Energy experiences weakness below 34.3 it calculates wi ……..

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LSE:ITRK Intertek Close Mid-Price: 3724 Percentage Change: -1.48% Day High: 3812 Day Low: 3729

Further movement against Intertek ABOVE 3812 should improve acceleration ……..

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LSE:ITV ITV. Close Mid-Price: 67.68 Percentage Change: + 2.48% Day High: 69.16 Day Low: 65.34

In the event of ITV enjoying further trades beyond 69.16, the share shoul ……..

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LSE:RR. Rolls Royce Close Mid-Price: 74 Percentage Change: -0.38% Day High: 75.64 Day Low: 72.6

Surely someone must notice the serious danger now making itself apparent w ……..

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LSE:TLW Tullow. Close Mid-Price: 37.48 Percentage Change: + 1.90% Day High: 37.76 Day Low: 35.8

Target met. Continued weakness against TLW taking the price below 35.8 ca ……..

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

#FTSE #SP500

A warning light today on the car dashboard, consisting of a big orange spanner, caused immediate panic. It justified coming off the motorway in a panic as “a spanner” looked quite troubling. Parking safely, the manual was quickly searched, only to discover the car was telling me it was time for an oil change. Surely, in this day and age, Toyota could simply have the words “Oil Change Due” broadcast onto the LCD screen.

Now relaxing and looking for the on-ramp to rejoin the motorway, it transpires there wasn’t one. We needed now waste time, driving country roads, until eventually discovering a method of rejoining the motorway. Meanwhile, a bit of black tape now handily conceals the nagging spanner, the car was already booked in for a winter service next month.

 

Sometimes, we think share prices come pre-equipped with irritating warning lights. i3 Energy (we’re being careful to use lower case ‘i’, lest it look like number 13), listed on the UK AIM and also the Toronto exchange, has assets in the North Sea, along with further assets in Canada. Their website claims to commit to returning value to shareholders, an ambition which the decline from 120p to the current 22p appears to be failing. But on the bright side, they do pay a dividend, the value of which certainly provokes lively conversation in internet chatrooms…

Currently, their share price is visually alarming, price movements since July casting their version of a spanner at the 22.2p level, trying to convince the market of movement below such a point risking disaster. We’re not entirely sold on the concept, calculating weakness below 22.2 risks reversal to an initial 20.7 with secondary, if broken, at 18.7p and hopefully a bounce. A glance at the chart below suggests, in the grand scheme of things, this sort of movement isn’t particularly dangerous. For real panic to make itself known, the price currently needs settle below 14.7p.

There’s a converse scenario, one which doesn’t require a great deal of work for the share price to become quite interesting.

Above 29p presents the possibility of gains to an initial 38p with secondary, if bettered, at 42p.

Hopefully this shall prove worth keeping an eye on in the weeks ahead.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:44:51PM	BRENT	89.6									‘cess
9:50:53PM	GOLD	1652.02
9:53:10PM	FTSE	6979	6959	6912	6877	6991	7017	7029	7098	6948	‘cess
9:55:09PM	STOX50	3500									Success
9:57:55PM	GERMANY	12893									Success
10:11:00PM	US500	3748	3685	3654	3617	3735	3765	3791	3862	3721	‘cess
10:13:48PM	DOW	30678									Success
10:16:08PM	NASDAQ	11280									Success
10:19:11PM	JAPAN	27164

 

18/10/2022 FTSE Closed at 6936 points. Change of 0.23%. Total value traded through LSE was: £ 4,606,547,755 a change of 0%

17/10/2022 FTSE Closed at 6920 points. Change of 0.9%. Total value traded through LSE was: £ 4,606,393,574 a change of -22.77%

14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%

13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%

10/10/2022 FTSE Closed at 6959 points. Change of -0.46%. Total value traded through LSE was: £ 4,340,006,444 a change of -6.55%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BT.A British Telecom** **LSE:CCL Carnival** **LSE:FRES Fresnillo** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:QFI Quadrise** **LSE:SRP Serco** **

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Updated charts published on : Barclays, British Telecom, Carnival, Fresnillo, British Airways, Intertek, Natwest, Quadrise, Serco,

LSE:BARC Barclays. Close Mid-Price: 147.5 Percentage Change: + 1.44% Day High: 150.16 Day Low: 147.08

Even above 152 should prove interesting, apparently capable of 158 next wi ……..

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LSE:BT.A British Telecom. Close Mid-Price: 126.7 Percentage Change: + 1.40% Day High: 127 Day Low: 125

Continued trades against BT with a mid-price ABOVE 127 should improve the ……..

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LSE:CCL Carnival. Close Mid-Price: 611 Percentage Change: + 8.10% Day High: 633.4 Day Low: 568.4

This is mildly interesting but comes with a warning. Above 634 still point ……..

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LSE:FRES Fresnillo Close Mid-Price: 705.6 Percentage Change: -0.34% Day High: 715.6 Day Low: 696.2

Continued weakness against FRES taking the price below 696.2 calculates a ……..

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LSE:IAG British Airways. Close Mid-Price: 115.86 Percentage Change: + 0.71% Day High: 119.54 Day Low: 115.2

Further movement against British Airways ABOVE 119.54 should improve acc ……..

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LSE:ITRK Intertek. Close Mid-Price: 3780 Percentage Change: + 1.20% Day High: 3795 Day Low: 3750

All Intertek needs are mid-price trades ABOVE 3795 to improve acceleratio ……..

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LSE:NWG Natwest. Close Mid-Price: 236.7 Percentage Change: + 1.46% Day High: 242.2 Day Low: 235.5

Continued trades against NWG with a mid-price ABOVE 242.2 should improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 480.1 Percentage Change: + 1.31% Day High: 492.1 Day Low: 476

In the event of Ocado Plc enjoying further trades beyond 492.1, the share ……..

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LSE:QFI Quadrise. Close Mid-Price: 2.75 Percentage Change: + 20.88% Day High: 2.8 Day Low: 2.31

Target met. All Quadrise needs are mid-price trades ABOVE 2.8 to improve ……..

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LSE:SRP Serco Close Mid-Price: 160.2 Percentage Change: -0.06% Day High: 163.4 Day Low: 160

Target met. Continued trades against SRP with a mid-price ABOVE 163.4 sho ……..

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View Previous Serco & Big Picture ***

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

#Gold #Dow

Visiting Quadrise’s website managed to prove quite informative, going some way to explaining why diesel is so heavily priced in comparison to petrol. Being unaware diesel production creates heavy residual oils, stuff needing treatment before it can be sold (at a discount) as Heavy Fuel Oil. Oil refineries prefer not to sell anything at a discount…

Quadrise (QFI) bring a method which changes how Heavy Fuel Oil is produced, allowing the end product to be sold at a premium as it produces substantially lower CO2 emissions. QFI are delighted to explain – at length – what their company is about via their web presence and to be fair, some of the information is quite fascinating. None of this explains their share price as it has been pretty foul for quite a few years.

 

Currently. it appears QFI enjoy a share price which is attempting to do something positive with itself, breaking though a downtrend which appears to have been influencing the share price since 2015. Perhaps some hope is possible in the near term, maybe even the longer term. The immediate situation looks to be quite straightforward, movement above 2.35p calculating with the potential of a lift to an initial 2.65 with secondary, if bettered, a more useful 3.6p.

At the 3.6p level, things become a little vague as the share really needs to close above 3.6p to suggest Big Picture influences are coming into play. Currently, the implication of closure above 3.6p allegedly permits the share price to more than double to 7.8p, a game changing price level which visually hints of the presence of a future glass ceiling.

 

If everything intends go horribly wrong for QFI, their share price needs drip below 1.1p as we cannot calculate a bottom. For now, we suspect this shall prove very worthy of 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
9:49:45PM	BRENT	90.98
9:51:36PM	GOLD	1650.99	1646	1638	1629	1657	1668	1676	1688	1654
9:54:54PM	FTSE	6924.99
9:58:44PM	STOX50	3448.5									‘cess
10:01:01PM	GERMANY	12682									‘cess
10:02:56PM	US500	3688.87
10:06:22PM	DOW	30273	29739	29532	29267	29829	30325	30387	30501	30117	‘cess
10:09:17PM	NASDAQ	11084
10:13:09PM	JAPAN	27103									Success

 

17/10/2022 FTSE Closed at 6920 points. Change of 0.9%. Total value traded through LSE was: £ 4,606,393,574 a change of -22.77%

14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%

13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%

10/10/2022 FTSE Closed at 6959 points. Change of -0.46%. Total value traded through LSE was: £ 4,340,006,444 a change of -6.55%

7/10/2022 FTSE Closed at 6991 points. Change of -0.09%. Total value traded through LSE was: £ 4,644,361,624 a change of -27.89%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:HL. Hargreaves Lansdown** **LSE:IGAS Igas Energy** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:QFI Quadrise** **LSE:SRP Serco** **

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Updated charts published on : Asos, Barrett Devs, British Telecom, Hargreaves Lansdown, Igas Energy, Intertek, ITV, Quadrise, Serco,

LSE:ASC Asos Close Mid-Price: 518 Percentage Change: -2.54% Day High: 521 Day Low: 460

Target met. In the event Asos experiences weakness below 460 it calculate ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 360 Percentage Change: + 3.75% Day High: 365 Day Low: 346.9

Target met. All Barrett Devs needs are mid-price trades ABOVE 365 to impr ……..

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LSE:BT.A British Telecom. Close Mid-Price: 124.95 Percentage Change: + 1.88% Day High: 126 Day Low: 122.4

Continued trades against BT.A with a mid-price ABOVE 126 should improve t ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 796.6 Percentage Change: -1.94% Day High: 811 Day Low: 748.2

If Hargreaves Lansdown experiences continued weakness below 748.2, it wil ……..

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LSE:IGAS Igas Energy Close Mid-Price: 39.8 Percentage Change: -7.44% Day High: 44 Day Low: 36.1

Target met. Continued weakness against IGAS taking the price below 36.1 c ……..

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LSE:ITRK Intertek. Close Mid-Price: 3735 Percentage Change: + 2.58% Day High: 3771 Day Low: 3616

Continued trades against ITRK with a mid-price ABOVE 3771 should improve ……..

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LSE:ITV ITV. Close Mid-Price: 67.34 Percentage Change: + 9.14% Day High: 68.2 Day Low: 63.8

Further movement against ITV ABOVE 68.2 should improve acceleration towar ……..

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LSE:QFI Quadrise. Close Mid-Price: 2.27 Percentage Change: + 18.18% Day High: 2.33 Day Low: 2

In the event of Quadrise enjoying further trades beyond 2.33, the share s ……..

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LSE:SRP Serco. Close Mid-Price: 160.3 Percentage Change: + 4.70% Day High: 161.9 Day Low: 153.7

All Serco needs are mid-price trades ABOVE 161.9 to improve acceleration ……..

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

#Brent #Dax

It’s funny how the Liz Truss UK Government has moved into familiar territory, the closing days of an administration, after just a few weeks. Perhaps it’s because, thanks to Boris Johnston, the media are now experienced in recognising terminal decay. Importantly though, we suspect there’s a chance, despite Prime Minister Truss oozing “charisma”, the media may be wrong.

What’s happening in the UK appears to be happening everywhere, chaotic governance, a backdrop of supply chain issues, inflation, interest rates, public unrest and dissatisfaction, energy issues, and winter sneaking in. When we glance at share prices in the northern hemisphere, it’s increasingly rare to discover any which suggest optimism, most tending to echo the prevailing sentiments not only in the wider market but, gloom extending across normal day to day life. It’s almost as if we’re living though a J K Rowling Harry Potter book, the one where “The Dementors” got loose, provoking serious alarm in Downing St, and the dodgiest special effect used in any of the films, when the wizards flew their broomsticks above the Thames into London.

 

Virtually every stock market north of the equator has now broken its personal uptrend, since the pandemic lows of 2020 and visually, there’s very little to be optimistic about. Curiously though, south of the equator, the picture is less gloomy, Brazil looking surprisingly confident and even Australia failing to embrace the misery fully. Perhaps it’s indeed season related as, further north, Japan is sitting on the fence and fails to give a clue as to possible market direction. For Europe and North America, we lack confidence. Except perhaps for Bitcoin, now showing signs of deserving a Big Picture update as the potential of a drop to $12k is receding!

 

Barclays share price shares the wider market outlook. Presently trading around 142p, the share price needs CLOSE a session above 151p to negate our dire outlook. Even if the share traded above 151p, we’d start to lose confidence in our foul projections.

Now below 140p threatens ongoing reversal to an initial 128p with secondary, if broken, an eventual (hopeful) bottom of 98p.

Our converse scenario has produced a strange series of numbers involving a game with just 10p. Above 151p should now apparently trigger recovery to an initial 161p. Our ‘longer term’ secondary works out at 171p, allegedly as part of a path which eventually calculates with 201p. Quite why everything works out in 10p increments utterly defeats us but in this instance, we’re more than a little sceptical about 201p making an appearance without the benefit of game changing news. Maybe if the UK discovered a Prime Minister capable of making a decision and sticking to it!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
6:18:43PM	BRENT	90.67	90.52	89.38	87.74	91.45	93.41	94.09	95.28	91.76	Shambles
6:20:22PM	GOLD	1644.19
6:23:43PM	FTSE	6826.93									‘cess
6:26:02PM	STOX50	3359.5									Success
6:28:14PM	GERMANY	12351	12342	12217	12062	12477	12512	12564	12755	12378	‘cess
7:07:45PM	US500	3587.07									‘cess
7:16:37PM	DOW	29677.7									Shambles
7:47:07PM	NASDAQ	10701									‘cess
7:49:37PM	JAPAN	26574									Success

 

14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%

13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%

10/10/2022 FTSE Closed at 6959 points. Change of -0.46%. Total value traded through LSE was: £ 4,340,006,444 a change of -6.55%

7/10/2022 FTSE Closed at 6991 points. Change of -0.09%. Total value traded through LSE was: £ 4,644,361,624 a change of -27.89%

6/10/2022 FTSE Closed at 6997 points. Change of -0.78%. Total value traded through LSE was: £ 6,440,759,247 a change of 17.34%

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:BDEV Barrett Devs** **LSE:EMG MAN** **LSE:IGAS Igas Energy** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **

********

Updated charts published on : Barrett Devs, MAN, Igas Energy, Natwest, Ocado Plc,

LSE:BDEV Barrett Devs. Close Mid-Price: 347 Percentage Change: + 1.52% Day High: 356 Day Low: 345.3

Further movement against Barrett Devs ABOVE 356 should improve accelerati ……..

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LSE:EMG MAN Close Mid-Price: 213.9 Percentage Change: -1.66% Day High: 223.3 Day Low: 212.5

All MAN needs are mid-price trades ABOVE 223.3 to improve acceleration to ……..

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LSE:IGAS Igas Energy Close Mid-Price: 43 Percentage Change: -8.51% Day High: 51.4 Day Low: 42

Weakness on Igas Energy below 42 will invariably lead to 39 and hopefully ……..

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LSE:NWG Natwest Close Mid-Price: 228 Percentage Change: -0.31% Day High: 238.8 Day Low: 227.2

All Natwest needs are mid-price trades ABOVE 238.8 to improve acceleratio ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 456.8 Percentage Change: + 4.82% Day High: 488 Day Low: 439

Target met. Further movement against Ocado Plc ABOVE 488 should improve a ……..

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

FTSE for FRIDAY (FTSE:UKX)  When I look to my right, on the bookshelf there’s a series of titles called “How S**t Works”, bought from a charity shop for a fiver. Alas, nowhere in the books is there a section on the UK FTSE which is a pity, because it urgently needs a repairman to visit! Thursday proved a strange day, worldwide, but of all the markets we cover, only the FTSE made our jaw drop.
By any standards, Thursday was weird with 5 of the 6 index we cover for clients hitting targets, all targets. Firstly, they started the day by successfully hitting all our Short position targets, then bounced and triggered movements to our Long position targets. Once again, all targets were successfully achieved. Except for the UK index which pouted, refusing the play the game. In fairness, this sort of thing in quite rare with individual index’ but when it occured with virtually all markets, we didn’t know what to make of things. Perhaps it shall be the case the FTSE was just “slow” and maybe Friday shall surprise everyone…
There’s very little positive to be said about the UK index and currently, we must conclude the FTSE is heading down to around 6450. But it may be about 6350 points or even 6240 points. The absurd thing, when we collate this series of numbers, we could even believe the UK index really intends an a visit to around 5200 points eventually, ‘cos it makes sense numerically. From a Big Picture perspective, the UK index needs above 7200 points to give an indication it’s climbing out of the gutter. The index is running low on nails to hammer into its coffin, closing Wednesday this week at a new “lower low”, achieving a price level not witnessed since April last year.

From a near term perspective, if the FTSE intends follow the rest of the world in making an upward lunge, above just 6902 points (it closed Thursday at 6852) should prove capable of triggering party time as a movement to 6995 calculates as possible. If exceeded, our secondary works out at an improbable looking 7035 points. If triggered, the tightest stop loss level looks like 6826 points.
Our alternate scenario looks harder to trigger, requiring the index below 6770 points to push the potential of a drop to 6721 points. If broken, our secondary calculates down at 6591 points.
A glance at the chart below reveals sometime important. Despite our positive scenario above giving a suggestion of an impressive 130 point gain, there’s very little about the visual picture which inspires confidence. Instead, the words “shuffling deckchairs on the Titanic” spring to mind as the FTSE must exceed 7100 points to give the very first indication some recovery of strength is possible. Even in Friday proves to be a happy day for the FTSE, the index needs recover quite firmly to remove the odor of dead cats around an immediate bounce.

Time Issued
Market
Price At Issue
Short Entry
Fast Exit
Slow Exit
Stop
Long Entry
Fast Exit
Slow Exit
Stop
PriorFUTURES

11:33:35PM
BRENT
93.89
91
90.47

92.34
94.1
94.33

93.3
Success
11:35:37PM
GOLD
1665.49
1661
1657

1671
1682
1687

1661
Success
11:38:15PM
FTSE
6891
6802
6769

6861
6905
6957

6853
Shambles
11:40:46PM
STOX50
3401.7
3354
3335

3378
3404
3427

3381
Success
11:44:17PM
GERMANY
12471
12350
12313

12465
12498
12554

12374
Success
11:47:13PM
US500
3671.17
3618
3609

3649
3686
3708

3635
Success
11:50:30PM
DOW
30063
29660
29514

29906
30184
30346

29920
Success
11:53:13PM
NASDAQ
11026
10841
10757

10994
11093
11196

10950
Success
11:55:58PM
JAPAN
26799
26533
26465

26713
26820
26877

26670
Success

13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%

10/10/2022 FTSE Closed at 6959 points. Change of -0.46%. Total value traded through LSE was: £ 4,340,006,444 a change of -6.55%

7/10/2022 FTSE Closed at 6991 points. Change of -0.09%. Total value traded through LSE was: £ 4,644,361,624 a change of -27.89%

6/10/2022 FTSE Closed at 6997 points. Change of -0.78%. Total value traded through LSE was: £ 6,440,759,247 a change of 17.34%

5/10/2022 FTSE Closed at 7052 points. Change of -0.48%. Total value traded through LSE was: £ 5,488,765,319 a change of -9.96%

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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:HL. Hargreaves Lansdown** **LSE:IGAS Igas Energy** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : AFC Energy, Aston Martin, Asos, Barrett Devs, British Telecom, Carclo, Centamin, Darktrace Plc, MAN, Foxtons, Fresnillo, Hargreaves Lansdown, Igas Energy, ITM Power, Intertek, Just Eat, Lloyds Grp., Marks and Spencer, National Glib, Natwest, Ocado Plc, Primary Health, Scottish Mortgage Investment Trust, Serco, Standard Chartered, Tullow, Tesco, Taylor Wimpey,

LSE:AFC AFC Energy. Close Mid-Price: 18 Percentage Change: + 1.07% Day High: 18.32 Day Low: 17.06

Weakness on AFC Energy below 17. will invariably lead to 16.5 with seconda ……..
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LSE:AML Aston Martin. Close Mid-Price: 91.36 Percentage Change: + 1.02% Day High: 94.86 Day Low: 86.04

Continued weakness against AML taking the price below 86 calculates as lea ……..
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LSE:ASC Asos. Close Mid-Price: 542 Percentage Change: + 6.59% Day High: 560 Day Low: 503

Continued weakness against ASC taking the price below 503 calculates as le ……..
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LSE:BDEV Barrett Devs. Close Mid-Price: 341.8 Percentage Change: + 5.04% Day High: 351.5 Day Low: 317.8

Now above 352 should apparently generate a lift to 361 next with secondary ……..
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LSE:BT.A British Telecom. Close Mid-Price: 120.8 Percentage Change: + 1.09% Day High: 123.85 Day Low: 117.05

Target Met. Now below 117 allows for reversal to 114 next with secondary, ……..
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LSE:CAR Carclo Close Mid-Price: 15.62 Percentage Change: -3.85% Day High: 16 Day Low: 15.5

Target Met. This needs above 19p to give early indications of recovery, al ……..
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LSE:CEY Centamin. Close Mid-Price: 84.86 Percentage Change: + 1.56% Day High: 87.82 Day Low: 83

Above 88 could prove interesting, giving the potential of a lift to an ini ……..
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LSE:DARK Darktrace Plc. Close Mid-Price: 297 Percentage Change: + 3.85% Day High: 299.8 Day Low: 275

Weakness on Darktrace Plc below 275 will invariably lead to 269 with secon ……..
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LSE:EMG MAN. Close Mid-Price: 217.5 Percentage Change: + 4.62% Day High: 217.9 Day Low: 202.9

Target Met. In the event MAN experiences weakness below 202, it calculates ……..
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LSE:FOXT Foxtons Close Mid-Price: 27.8 Percentage Change: -1.42% Day High: 28.95 Day Low: 27.5

In the event Foxtons experiences weakness below 27.5 it calculates with a ……..
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LSE:FRES Fresnillo Close Mid-Price: 728.2 Percentage Change: -4.08% Day High: 764.2 Day Low: 698.8

Weakness on Fresnillo below 698 will invariably lead to 655p with secondar ……..
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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 797.4 Percentage Change: + 1.24% Day High: 811.8 Day Low: 766.2

Continued weakness against HL. taking the price below 759 calculates as le ……..
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LSE:IGAS Igas Energy Close Mid-Price: 47 Percentage Change: -1.26% Day High: 48.6 Day Low: 43.3

If Igas Energy experiences continued weakness below 43, it will invariably ……..
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LSE:ITM ITM Power. Close Mid-Price: 91.1 Percentage Change: + 0.20% Day High: 94.9 Day Low: 86

In the event ITM Power experiences weakness below 86, it calculates with a ……..
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LSE:ITRK Intertek Close Mid-Price: 3621 Percentage Change: -0.41% Day High: 3624 Day Low: 3485

In the event Intertek experiences weakness below 3484, it calculates with ……..
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LSE:JET Just Eat. Close Mid-Price: 1115.6 Percentage Change: + 1.09% Day High: 1148.6 Day Low: 1054.8

Target Met. Now below 1053 now threatens 996 next with secondary, if broke ……..
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LSE:LLOY Lloyds Grp.. Close Mid-Price: 41.77 Percentage Change: + 6.86% Day High: 41.95 Day Low: 38.51

Continued weakness against LLOY taking the price below 38.5 calculates as ……..
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LSE:MKS Marks and Spencer. Close Mid-Price: 98.44 Percentage Change: + 5.62% Day High: 100 Day Low: 91.7

In the event Marks and Spencer experiences weakness below 91.7 it calculat ……..
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LSE:NG. National Glib. Close Mid-Price: 860.6 Percentage Change: + 0.26% Day High: 879.8 Day Low: 844.4

Target Met. If National Grid experiences continued weakness below 844, it ……..
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LSE:NWG Natwest. Close Mid-Price: 228.7 Percentage Change: + 7.67% Day High: 230.3 Day Low: 210.9

Weakness on Natwest below 210 will invariably lead to 198 with secondary ( ……..
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LSE:OCDO Ocado Plc. Close Mid-Price: 435.8 Percentage Change: + 10.86% Day High: 440.8 Day Low: 380.3

Continued weakness against OCDO taking the price below 380 calculates as l ……..
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LSE:PHP Primary Health. Close Mid-Price: 98.85 Percentage Change: + 0.15% Day High: 102.1 Day Low: 95.75

If Primary Health experiences continued weakness below 95, it will invaria ……..
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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 729.6 Percentage Change: -0.44% Day High: 740.2 Day Low: 698.4

In the event Scottish Mortgage Investment Trust experiences weakness below ……..
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LSE:SRP Serco. Close Mid-Price: 153.4 Percentage Change: + 2.54% Day High: 154.2 Day Low: 148.9

Weakness on Serco below 148 will invariably lead to 139 with secondary, if ……..
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LSE:STAN Standard Chartered. Close Mid-Price: 551.4 Percentage Change: + 2.38% Day High: 552.8 Day Low: 530.6

Continued weakness against STAN taking the price below 530 calculates as l ……..
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LSE:TLW Tullow. Close Mid-Price: 38.66 Percentage Change: + 0.73% Day High: 39.22 Day Low: 37.1

In the event Tullow experiences weakness below 37.1 it calculates with a d ……..
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LSE:TSCO Tesco. Close Mid-Price: 200.9 Percentage Change: + 0.88% Day High: 203.2 Day Low: 194.35

In the event Tesco experiences weakness below 194, it calculates with a dr ……..
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LSE:TW. Taylor Wimpey. Close Mid-Price: 86.6 Percentage Change: + 0.23% Day High: 89.18 Day Low: 80.8

Continued weakness against TW. taking the price below 80 calculates as lea ……..
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*** End of “Updated Today” comments on shares.

#Gold #Nasdaq

Finally getting around to searching for the origins of the word “Pendragon”, we were amused to discover it’s Welsh roots, meaning “Head Dragon”. Without a doubt, this particular dragon has been biting shareholders on the posterior since 2016 but now, it finally looks like the stock market may be applying a healing salve.

Perhaps this potential for recovery is at a terrible time, given the underlying feel of the markets and, in addition, the car market must surely suffer from increased interest rates, along with increased energy prices. It’s certainly easy to suspect the impetus toward Electric Vehicles shall falter, given What Car magazine’s recent real world tests which revealed it now costs more to charge batteries than to top up with petrol. A family member recently moaned about this, her irritation growing as falling temperatures here in Scotland are seeing her battery range drop from 240 miles to around 150 miles in her Renault Zoe. This sort of thing must surely effect the car buying market as folk tend lose interest in going Green, when their credit card statement is getting a hammering.

 

However, for now, Pendragon look capable of taking wing and heading upward as recent share price movements are proving completely at odds with the majority of shares in the UK stock markets. The share price was recently manipulated upward, thanks to an unsolicited offer for takeover of the entire company. As a result of this approach, a little war of words appears to be taking place between Hedin Mobility and Pendragon and a glance through the appropriate RNS’s failed to provide any great clarity as to what is actually happening. But then again, no-one plays poker with all their cards face up as it defeats the purpose!

The immediate situation looks pretty straightforward as strength above 28p looks capable of movement to an initial 29.7p. If bettered, our secondary works out at 33p, an interesting prospect, as this dumps the share price in a zone where a longer term 43p calculates as possible. Who knows, perhaps a bidding war is expected for the motor trade giant?

 

To cause panic, their share price needs drop below Red (18p), working out with the potential of reversal to 11p initially. Should such a level break, our secondary and “ultimate bottom” comes along at 8p.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:18:15PM	BRENT	91.7									Success
9:19:59PM	GOLD	1674.63	1661	1657	1650	1672	1679	1682	1689	1669
9:36:17PM	FTSE	6821.48									‘cess
9:37:59PM	STOX50	3330.7									Shambles
9:45:15PM	GERMANY	12174.56
9:48:18PM	US500	3581
9:50:36PM	DOW	29257
9:53:29PM	NASDAQ	10796	10717	10665	10580	10845	10924	10959	11042	10828
9:55:46PM	JAPAN	26359

 

12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%

11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%

10/10/2022 FTSE Closed at 6959 points. Change of -0.46%. Total value traded through LSE was: £ 4,340,006,444 a change of -6.55%

7/10/2022 FTSE Closed at 6991 points. Change of -0.09%. Total value traded through LSE was: £ 4,644,361,624 a change of -27.89%

6/10/2022 FTSE Closed at 6997 points. Change of -0.78%. Total value traded through LSE was: £ 6,440,759,247 a change of 17.34%

5/10/2022 FTSE Closed at 7052 points. Change of -0.48%. Total value traded through LSE was: £ 5,488,765,319 a change of -9.96%

4/10/2022 FTSE Closed at 7086 points. Change of 2.58%. Total value traded through LSE was: £ 6,096,244,319 a change of 12.65%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **LSE:VOD Vodafone** **

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Updated charts published on : Aston Martin, Asos, Aviva, Barclays, Barrett Devs, Block Energy PLC, British Telecom, Carclo, Darktrace Plc, MAN, Foxtons, Fresnillo, HSBC, Igas Energy, IG Group, ITM Power, Just Eat, Lloyds Grp., Marks and Spencer, National Glib, Natwest, Ocado Plc, Primary Health, Serco, Standard Chartered, Tullow, Vodafone,

LSE:AML Aston Martin Close Mid-Price: 90.44 Percentage Change: -4.13% Day High: 96.52 Day Low: 88.7

Continued weakness against AML taking the price below 88.7 calculates as ……..

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View Previous Aston Martin & Big Picture ***

LSE:ASC Asos Close Mid-Price: 508.5 Percentage Change: -6.01% Day High: 540.5 Day Low: 504

Continued weakness against ASC taking the price below 504 calculates as l ……..

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View Previous Asos & Big Picture ***

LSE:AV. Aviva Close Mid-Price: 373.8 Percentage Change: -2.58% Day High: 382.6 Day Low: 366.8

If Aviva experiences continued weakness below 366.8, it will invariably l ……..

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View Previous Aviva & Big Picture ***

LSE:BARC Barclays Close Mid-Price: 135.68 Percentage Change: -3.20% Day High: 138.38 Day Low: 132.06

Continued weakness against BARC taking the price below 132.06 calculates ……..

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View Previous Barclays & Big Picture ***

LSE:BDEV Barrett Devs Close Mid-Price: 325.4 Percentage Change: -5.13% Day High: 330.4 Day Low: 313

In the event Barrett Devs experiences weakness below 313 it calculates wi ……..

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View Previous Barrett Devs & Big Picture ***

LSE:BLOE Block Energy PLC Close Mid-Price: 2.23 Percentage Change: -3.26% Day High: 2.4 Day Low: 2.23

Further movement against Block Energy PLC ABOVE 2.4 should improve accele ……..

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View Previous Block Energy PLC & Big Picture ***

LSE:BT.A British Telecom Close Mid-Price: 119.5 Percentage Change: -3.47% Day High: 123.8 Day Low: 119.25

Weakness on British Telecom below 119.25 will invariably lead to 117 with ……..

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LSE:CAR Carclo Close Mid-Price: 16.25 Percentage Change: -2.69% Day High: 16.5 Day Low: 16.05

Weakness on Carclo below 16.05 will invariably lead to 15.9 with secondar ……..

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View Previous Carclo & Big Picture ***

LSE:DARK Darktrace Plc Close Mid-Price: 286 Percentage Change: -4.09% Day High: 299.1 Day Low: 284.2

Weakness on Darktrace Plc below 284.2 will invariably lead to 264 with se ……..

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View Previous Darktrace Plc & Big Picture ***

LSE:EMG MAN Close Mid-Price: 207.9 Percentage Change: -4.33% Day High: 221.8 Day Low: 205.8

In the event MAN experiences weakness below 205.8 it calculates with a dr ……..

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View Previous MAN & Big Picture ***

LSE:FOXT Foxtons Close Mid-Price: 28.2 Percentage Change: -3.75% Day High: 29.3 Day Low: 28.25

In the event Foxtons experiences weakness below 28.25 it calculates with ……..

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View Previous Foxtons & Big Picture ***

LSE:FRES Fresnillo Close Mid-Price: 759.2 Percentage Change: -0.63% Day High: 773.8 Day Low: 750.6

Weakness on Fresnillo below 750.6 will invariably lead to 655p with secon ……..

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View Previous Fresnillo & Big Picture ***

LSE:HSBA HSBC Close Mid-Price: 449.05 Percentage Change: -1.20% Day High: 453.8 Day Low: 443.65

Target met. In the event HSBC experiences weakness below 443.65 it calcul ……..

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View Previous HSBC & Big Picture ***

LSE:IGAS Igas Energy Close Mid-Price: 47.6 Percentage Change: -10.19% Day High: 52.6 Day Low: 44.7

If Igas Energy experiences continued weakness below 44.7, it will invaria ……..

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View Previous Igas Energy & Big Picture ***

LSE:IGG IG Group Close Mid-Price: 750.5 Percentage Change: -1.18% Day High: 760.5 Day Low: 734

Weakness on IG Group below 734 will invariably lead to 717 with secondary ……..

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View Previous IG Group & Big Picture ***

LSE:ITM ITM Power Close Mid-Price: 90.92 Percentage Change: -6.86% Day High: 98.46 Day Low: 90.9

In the event ITM Power experiences weakness below 90.9 it calculates with ……..

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View Previous ITM Power & Big Picture ***

LSE:JET Just Eat Close Mid-Price: 1103.6 Percentage Change: -5.51% Day High: 1184 Day Low: 1076.4

If Just Eat experiences continued weakness below 1076.4, it will invariab ……..

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View Previous Just Eat & Big Picture ***

LSE:LLOY Lloyds Grp. Close Mid-Price: 39.09 Percentage Change: -5.80% Day High: 41 Day Low: 38.75

Target met. Continued weakness against LLOY taking the price below 38.75 ……..

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View Previous Lloyds Grp. & Big Picture ***

LSE:MKS Marks and Spencer Close Mid-Price: 93.2 Percentage Change: -5.09% Day High: 97.14 Day Low: 91.94

In the event Marks and Spencer experiences weakness below 91.94 it calcul ……..

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View Previous Marks and Spencer & Big Picture ***

LSE:NG. National Glib Close Mid-Price: 858.4 Percentage Change: -2.87% Day High: 886.6 Day Low: 856.8

Target met. If National Glib experiences continued weakness below 856.8, ……..

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View Previous National Glib & Big Picture ***

LSE:NWG Natwest Close Mid-Price: 212.4 Percentage Change: -4.15% Day High: 220.4 Day Low: 211.2

Weakness on Natwest below 211.2 will invariably lead to 198 with secondar ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 393.1 Percentage Change: -5.16% Day High: 409.6 Day Low: 390.4

Continued weakness against OCDO taking the price below 390.4 calculates a ……..

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View Previous Ocado Plc & Big Picture ***

LSE:PHP Primary Health Close Mid-Price: 98.7 Percentage Change: -2.28% Day High: 102.6 Day Low: 98.35

If Primary Health experiences continued weakness below 98.35, it will inv ……..

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LSE:SRP Serco Close Mid-Price: 149.6 Percentage Change: -2.35% Day High: 153.6 Day Low: 150.1

Weakness on Serco below 150.1 will invariably lead to 135 with secondary ……..

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View Previous Serco & Big Picture ***

LSE:STAN Standard Chartered Close Mid-Price: 538.6 Percentage Change: -1.64% Day High: 550.4 Day Low: 532.8

Continued weakness against STAN taking the price below 532.8 calculates a ……..

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View Previous Standard Chartered & Big Picture ***

LSE:TLW Tullow Close Mid-Price: 38.38 Percentage Change: -6.62% Day High: 41.18 Day Low: 37.76

Target met. In the event Tullow experiences weakness below 37.76 it calcu ……..

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View Previous Tullow & Big Picture ***

LSE:VOD Vodafone Close Mid-Price: 98.95 Percentage Change: -2.32% Day High: 101.62 Day Low: 97.4

Continued weakness against VOD taking the price below 97. calculates as l ……..

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View Previous Vodafone & Big Picture ***

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