Trends And Targets

#Stoxx #Dow

A chum is visiting this week for some medical recovery time. He’s long had an ambition of panning for gold in our garden stream, due apparently to the presence of significant quantities of quartz and black magnetic sand. Both items, when found together, tick a box to indicate the presence of gold. While a quick Google check also revealed quartz and iron represent the two most comment mineral and element on the planet, he’s been having a great time with his gold panning kit.

To spice things up, it seemed a good idea to paint some pieces of lead gold and hide them in the stream. If he successfully found the lead, there was a chance his panning technique might also be correct. To both our amazement, he indeed discovered the lead, along with a two tiny specs of gold. As this was clearly a signal to “ramp things up”, he spent the afternoon with a hand trowel, digging at the bottom of the waterfall and depositing the dirt in a bucket. This evening, between countless cups of tea and lots of chocolate, he’s been panning the bucket of gravel without any eureka moments, also making plans to spend Thursday above the waterfall as there’s a large natural pool which “must” have trapped gold over the millennia. This is all because of two flecks of gold… greed being a familiar motivation which will be recognised by those who’ve watched TV’s Gold Rush & Bering Sea Gold shows.

Mining is a strange business.

 

It was with a heavy heart, I approached Ben’s Creek Group for analysis, pleased to discover they are mining for coal, also making sure everyone visiting their website knows they are producing Coal for Steel and not, Coal for Power. This is presumably due to the bad PR coal power stations receive but metallurgical coal is a critical component in the production of steel. The company are listed in the UK Aim market, owning and operating coal mines in North America. Needless to say, they own Ben’s Creek mining project in West Virginia, USA.

The company share price has enacted a fairly typical initial rise, following their launch last year. After a brief look above 100p, it has also enacted a fairly typical reversal, giving many signs the market really doesn’t want the price to fall lower. In an almost obligatory wealth warning, we can calculate trades below 30p risk digging a hole down to an initial 26p with secondary, if broken, at 20.5p. We’re making quite a big deal out of this as we cannot calculate anything below 20.5p which doesn’t involve the use of minus signs. While this is obviously impossible, the danger below 20.5p is of the share price finding itself enmeshed in misery and unable to recover, a bit like a UK voter when they listen to anything the new PM says.

If we choose to take encouragement from the close attention being paid to the Red uptrend, movement now above just 39p works out with an initial target of 42.4p with secondary, if bettered, a longer term 53p. For numbers above the 53p level, we shall need review the tea leaves again for this share’ future potentials.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:29:10PM	BRENT	87.46									Success
9:31:25PM	GOLD	1717.81									‘cess
9:33:25PM	FTSE	7251.41									Success
9:37:01PM	STOX50	3523.3	3456	3430	3399	3493	3523	3543	3575	3493
9:41:47PM	GERMANY	12992
9:43:55PM	US500	3980
9:46:43PM	DOW	31583	31156	31082	30891	31355	31655	31680	31917	31400	Success
9:49:13PM	NASDAQ	12261									‘cess
9:51:08PM	JAPAN	27712

7/09/2022 FTSE Closed at 7237 points. Change of -0.86%. Total value traded through LSE was: £ 7,407,245,342 a change of 30.74%

6/09/2022 FTSE Closed at 7300 points. Change of 0.18%. Total value traded through LSE was: £ 5,665,778,730 a change of 28.88%

5/09/2022 FTSE Closed at 7287 points. Change of 0.08%. Total value traded through LSE was: £ 4,396,051,138 a change of -10.86%

2/09/2022 FTSE Closed at 7281 points. Change of 1.86%. Total value traded through LSE was: £ 4,931,431,269 a change of -2.21%

1/09/2022 FTSE Closed at 7148 points. Change of -1.87%. Total value traded through LSE was: £ 5,042,745,604 a change of -38.48%

31/08/2022 FTSE Closed at 7284 points. Change of -1.05%. Total value traded through LSE was: £ 8,197,472,854 a change of 27.31%

30/08/2022 FTSE Closed at 7361 points. Change of -100%. Total value traded through LSE was: £ 6,438,857,207 a change of 0%

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:ITM ITM Power** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **

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Updated charts published on : BALFOUR BEATTY, ITM Power, President Energy, Quadrise, Scancell, Vodafone,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 328.6 Percentage Change: + 0.00% Day High: 332.4 Day Low: 326.6

Traffic now ^above 333 should built toward an initial 343 with secondary, ……..

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LSE:ITM ITM Power Close Mid-Price: 163.55 Percentage Change: -4.50% Day High: 164.95 Day Low: 154.8

Target Met. Now below 154 should be an issue, calculating with the potenti ……..

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LSE:PPC President Energy Close Mid-Price: 1.22 Percentage Change: -4.31% Day High: 1.25 Day Low: 1.18

Below 1.18 now suggests the potential of travel down to an initial 1.11 wi ……..

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LSE:QFI Quadrise Close Mid-Price: 1.12 Percentage Change: -9.68% Day High: 1.23 Day Low: 1.12

Target Met. Now below 1.12 looks capable of reversal to an initial 0.67 wi ……..

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LSE:SCLP Scancell Close Mid-Price: 11 Percentage Change: -2.22% Day High: 11.5 Day Low: 11

Weakness on Scancell below 11 will invariably lead to 9p. If broken, our s ……..

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LSE:VOD Vodafone Close Mid-Price: 110.18 Percentage Change: -2.65% Day High: 112.98 Day Low: 110.32

Target Met. Further weakness below 110 now indicates the potential of 104p ……..

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

#Gold #Nasdaq

Childhood memories of visiting the circus, clowns making a honking entrance between acts to tear around the ring, falling off bicycles, hanging off fire engines, and generally driving ridiculous cars, are being evoked with virtually every Grand Prix this year. Unfortunately, none of the clowns have big red noses, floppy ears and oversized shoes. Instead, they masquerade as the Ferrari pit crew, dressed impeccably but sometimes, all that’s lacking are those big honking horns.

The most recent race saw the pit crew rudely awakened when one of their cars appeared, all ran into place except one of them forgot a wheel. Cue instant chaos.

Obviously, it begs the question, how is Ferrari share price faring?

 

Visually, the answer appears to be not very well.

From an immediate perspective (another clown show potential this weekend, this time at Ferrari’s home circus arena) there’s a strong suggestion weakness now below 187 shall engage reversal to an initial 183. If broken, our secondary is at 173 and visually, there’s a reasonable hope for a bounce at such a level. We should warn, in the event 173 breaks, ongoing reversal to an eventual bottom (hopefully) down at 134 becomes extremely possible.

 

If Ferrari share price intends do anything useful, we’d regard trading above 205 as providing a reasonable signal as this “risks” triggering price recovery toward an initial 213. Should such a level be exceeded, our secondary calculates at 227.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:04:03PM	BRENT	92.59									‘cess
10:20:32PM	GOLD	1702.51	1699	1693	1682	1715	1721	1731	1745	1709
10:22:23PM	FTSE	7261.81									‘cess
10:24:40PM	STOX50	3481.2									‘cess
10:28:58PM	GERMANY	12810									Success
10:31:17PM	US500	3908									Success
10:33:23PM	DOW	31152									Success
10:41:45PM	NASDAQ	12014	11920	11821	11607	12143	12240	12255	12366	12104	Success
10:43:36PM	JAPAN	27547									‘cess

 

6/09/2022 FTSE Closed at 7300 points. Change of 0.18%. Total value traded through LSE was: £ 5,665,778,730 a change of 28.88%

5/09/2022 FTSE Closed at 7287 points. Change of 0.08%. Total value traded through LSE was: £ 4,396,051,138 a change of -10.86%

2/09/2022 FTSE Closed at 7281 points. Change of 1.86%. Total value traded through LSE was: £ 4,931,431,269 a change of -2.21%

1/09/2022 FTSE Closed at 7148 points. Change of -1.87%. Total value traded through LSE was: £ 5,042,745,604 a change of -38.48%

31/08/2022 FTSE Closed at 7284 points. Change of -1.05%. Total value traded through LSE was: £ 8,197,472,854 a change of 27.31%

30/08/2022 FTSE Closed at 7361 points. Change of -0.89%. Total value traded through LSE was: £ 6,438,857,207 a change of 48.05%

26/08/2022 FTSE Closed at 7427 points. Change of -100%. Total value traded through LSE was: £ 4,349,079,886 a change of 0%

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:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:ITM ITM Power** **LSE:SDY Speedyhire** **

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Updated charts published on : Aston Martin, Block Energy PLC, British Telecom, ITM Power, Speedyhire,

LSE:AML Aston Martin. Close Mid-Price: 431.7 Percentage Change: + 6.59% Day High: 473.6 Day Low: 416.3

In a change to the numbers, it now looks like weakness below 403 shall pro ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 2.05 Percentage Change: + 5.13% Day High: 2.15 Day Low: 1.9

All Block Energy PLC needs are mid-price trades ABOVE 2.15 to improve acce ……..

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LSE:BT.A British Telecom Close Mid-Price: 142.15 Percentage Change: -1.73% Day High: 143.75 Day Low: 140.65

Target Met. Now below 140 suggests the potential of a visit to 126 next, a ……..

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LSE:ITM ITM Power Close Mid-Price: 171.25 Percentage Change: -0.81% Day High: 177 Day Low: 167.15

Target met or near enough. Now below 166 has the potential for further rev ……..

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LSE:SDY Speedyhire. Close Mid-Price: 38.75 Percentage Change: + 0.39% Day High: 40.05 Day Low: 38.4

Continued weakness against SDY taking the price below 38 calculates as lea ……..

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

#Gold #SP500

It’s that time of year when we start playing “chicken” with the grass. Is it worth starting the little tractor, only for a surprise monsoon and a blast of sunshine to promote hysterical growth? Or do we get used to playing hide and seek in the lawn with the animals, before the inevitable fall back. This nonsense is about as complicated as Gulf Marine’s share price, will it grow or not!

 

A few emails asked our thoughts on Gulf Marine Services were received, their share price remaining distinctly unimpressed with the changing price of crude oil.  Movements since 2019 certainly have proven pretty useless but there are a couple of details worthy of consideration.

Perhaps importantly, there’s the Blue downtrend since 2018. The share price recently broke through this trend, surging upward by a less than flamboyant 1p. But some consideration should be given to the circled area on the chart as between May and the start of August, the market paid almost fanatical degrees of interest to the long term downtrend. When this type of thing occurs, it’s often the case where the wider market is awaiting some news from a company, perhaps a contract, perhaps an Earnings Report, perhaps news of a Golden Goose relieved of constipation. In the period since the trend break occurred, very little has taken place but, in the event of positive news flow, share price recovery will inevitably be quite sharp and vivid.

From an immediate perspective, it appears to be the case movement above just 7.2p should trigger share price recovery to an initial 9p with our secondary, if bettered, calculating at a slightly more useful 10.4p. Neither ambition is particularly exciting but it’s going to be worth remembering any break upward is liable to be influenced by a bigger picture longer term target at 14.6p

The share price requires close a session below 5.5p to dissolve any current confidence in its future.

Finally, we’ve shown a whimsical Big Picture target level of 30p, a figure which is very theoretically possible in a distant future and also, a target level which somehow manages to bonk against a very obvious downtrend which dates back to 2014. This is one of these lines which can be drawn, may well prove meaningless, but if anything happened to supercharge a price rise, we’d be utterly confident it will stick its oar in, if only because it’s so completely and utterly obvious.

An interesting share, maybe worth keeping an eye on for any surprise activity.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:53PM	BRENT	94.92									‘cess
9:48:50PM	GOLD	1710.38	1707	1703	1698	1715	1715	1718	1728	1707
9:51:02PM	FTSE	7278
9:53:06PM	STOX50	3482									Success
9:58:31PM	GERMANY	12739
10:00:36PM	US500	3936	3917	3908	3898	3935	3940	3945	3954	3932
10:03:06PM	DOW	31437
10:18:40PM	NASDAQ	12126
10:20:19PM	JAPAN	27680									‘cess

5/09/2022 FTSE Closed at 7287 points. Change of 0.08%. Total value traded through LSE was: £ 4,396,051,138 a change of -10.86%

2/09/2022 FTSE Closed at 7281 points. Change of 1.86%. Total value traded through LSE was: £ 4,931,431,269 a change of -2.21%

1/09/2022 FTSE Closed at 7148 points. Change of -1.87%. Total value traded through LSE was: £ 5,042,745,604 a change of -38.48%

31/08/2022 FTSE Closed at 7284 points. Change of -1.05%. Total value traded through LSE was: £ 8,197,472,854 a change of 27.31%

30/08/2022 FTSE Closed at 7361 points. Change of -0.89%. Total value traded through LSE was: £ 6,438,857,207 a change of 48.05%

26/08/2022 FTSE Closed at 7427 points. Change of -0.7%. Total value traded through LSE was: £ 4,349,079,886 a change of 12.01%

25/08/2022 FTSE Closed at 7479 points. Change of -100%. Total value traded through LSE was: £ 3,882,636,574 a change of 0%

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:BT.A British Telecom** **LSE:ECO ECO (Atlantic) O & G** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:VOD Vodafone** **

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Updated charts published on : Aston Martin, Asos, British Telecom, ECO (Atlantic) O & G, Hikma, British Airways, ITM Power, Intertek, Just Eat, Vodafone,

LSE:AML Aston Martin Close Mid-Price: 405 Percentage Change: -15.64% Day High: 458.6 Day Low: 403

Target met. In the event Aston Martin experiences weakness below 403 it c ……..

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LSE:ASC Asos Close Mid-Price: 667 Percentage Change: -2.63% Day High: 667.5 Day Low: 621

Target met. Continued weakness against ASC taking the price below 621 cal ……..

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LSE:BT.A British Telecom Close Mid-Price: 144.65 Percentage Change: -1.23% Day High: 145.5 Day Low: 142.25

Weakness on British Telecom below 142.25 will invariably lead to 141 with ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 36 Percentage Change: + 4.05% Day High: 35.75 Day Low: 34.5

All ECO (Atlantic) O & G needs are mid-price trades ABOVE 35.75 to improv ……..

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LSE:HIK Hikma Close Mid-Price: 1279 Percentage Change: -2.22% Day High: 1295 Day Low: 1267.5

If Hikma experiences continued weakness below 1267.5, it will invariably ……..

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LSE:IAG British Airways Close Mid-Price: 105.4 Percentage Change: -2.75% Day High: 106.44 Day Low: 104.1

Weakness on British Airways below 104.1 will invariably lead to 99 with ……..

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LSE:ITM ITM Power Close Mid-Price: 172.65 Percentage Change: -3.76% Day High: 178.8 Day Low: 171.55

Target met. If ITM Power experiences continued weakness below 171.55, it ……..

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LSE:ITRK Intertek Close Mid-Price: 3920 Percentage Change: -0.88% Day High: 3907 Day Low: 3837

In the event Intertek experiences weakness below 3837 it calculates with ……..

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LSE:JET Just Eat Close Mid-Price: 1362.4 Percentage Change: -4.70% Day High: 1389.4 Day Low: 1336.6

Continued weakness against JET taking the price below 1336.6 calculates a ……..

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LSE:VOD Vodafone Close Mid-Price: 112.34 Percentage Change: -1.32% Day High: 113.42 Day Low: 111.22

Continued weakness against VOD taking the price below 111.22 calculates a ……..

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

#Brent #Dax

Sunday afternoons used to be fun but the gathering clown show which is Formula 1 brought a sharp reminder of “ridiculous” happening in all walks of life. The UK retail banking sector remains a prime candidate, a glance at Barclays share price movements since 2009 giving a distinct aura of dismay. In many ways, they could even be thought of as The Ferrari of the banking sector, especially if one reviews how poorly the red cars perform in the championship.

Broadly speaking, Ferrari would be strongly ahead in the championship, if it were not for Ferrari fouling each race up. This afternoons (quite funny) debacle came when one of their cars visited the pits for a tyre change. It looked like the driver had disturbed a team coffee break, such was the utter panic which ensued. A Ferrari drivers afternoon was ruined, the team again drifting down the championship table and the term, “performing like a Ferrari” again changes from a complement to quite the converse.

 

However, surely Barclays must be about more than the last 13 years, surely deserving their place on the podium eventually?

 

In the search for optimism, above 174p now looks like it could prove significant, suggesting a cycle to an important 202p could be about to commence. This is liable to prove a really big deal for the future, moving the price above a trend which dates back to 2007 and risks triggering real strength, essentially taking the share price into a zone with a viable 307p proving a distant attraction eventually. Such an ambition even makes some visual sense, the chart promising a glass ceiling around such a target level.

However, it’s probably as well to remember “the Ferrari effect” as the share price doesn’t need try too hard to force itself off track. Below 152p looks serious problematic, calculating with the potential of reversals to an initial 131p with secondary, if (when) broken at 98p and hopefully a bounce and another attempt at recovery.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:24:13PM	BRENT	92.91	91.73	89.565	84.82	95.16	95.18	95.815	97.18	93.4
9:26:09PM	GOLD	1712
9:28:43PM	FTSE	7214
9:30:43PM	STOX50	3466.5
9:33:00PM	GERMANY	12712	12635	12536	12361	12817	13063	13182	13376	12874
9:35:32PM	US500	3923
9:40:12PM	DOW	31322
9:51:09PM	NASDAQ	12102
9:53:20PM	JAPAN	27530

2/09/2022 FTSE Closed at 7281 points. Change of 1.86%. Total value traded through LSE was: £ 4,931,431,269 a change of -2.21%

1/09/2022 FTSE Closed at 7148 points. Change of -1.87%. Total value traded through LSE was: £ 5,042,745,604 a change of -38.48%

31/08/2022 FTSE Closed at 7284 points. Change of -1.05%. Total value traded through LSE was: £ 8,197,472,854 a change of 27.31%

30/08/2022 FTSE Closed at 7361 points. Change of -0.89%. Total value traded through LSE was: £ 6,438,857,207 a change of 48.05%

26/08/2022 FTSE Closed at 7427 points. Change of -0.7%. Total value traded through LSE was: £ 4,349,079,886 a change of 12.01%

25/08/2022 FTSE Closed at 7479 points. Change of 0.11%. Total value traded through LSE was: £ 3,882,636,574 a change of -18.23%

24/08/2022 FTSE Closed at 7471 points. Change of -0.23%. Total value traded through LSE was: £ 4,748,027,124 a change of -4.63%

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:BT.A British Telecom** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:RMG Royal Mail** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Barrett Devs, British Telecom, IG Group, ITM Power, Marks and Spencer, Ocado Plc, Primary Health, Royal Mail, Taylor Wimpey,

LSE:BDEV Barrett Devs Close Mid-Price: 410.1 Percentage Change: -1.23% Day High: 411.2 Day Low: 393.1

Target met. Continued weakness against BDEV taking the price below 393.1 ……..

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LSE:BT.A British Telecom. Close Mid-Price: 146.45 Percentage Change: + 0.27% Day High: 147.2 Day Low: 144.15

Target met. Continued weakness against BT.A taking the price below 144.15 ……..

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LSE:IGG IG Group. Close Mid-Price: 794.5 Percentage Change: + 0.38% Day High: 799 Day Low: 781

If IG Group experiences continued weakness below 781, it will invariably ……..

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LSE:ITM ITM Power Close Mid-Price: 179.4 Percentage Change: -0.03% Day High: 185.9 Day Low: 177.95

In the event ITM Power experiences weakness below 177.95 it calculates wi ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 121.25 Percentage Change: -0.37% Day High: 122.5 Day Low: 117.25

If Marks and Spencer experiences continued weakness below 117.25, it will ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 704 Percentage Change: + 2.89% Day High: 706 Day Low: 670

Weakness on Ocado Plc below 670 will invariably lead to 604 initially wit ……..

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LSE:PHP Primary Health. Close Mid-Price: 135.2 Percentage Change: + 1.96% Day High: 135.5 Day Low: 132.9

Continued weakness against PHP taking the price below 132.9 calculates as ……..

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LSE:RMG Royal Mail. Close Mid-Price: 259.7 Percentage Change: + 2.41% Day High: 262.3 Day Low: 251.9

In the event Royal Mail experiences weakness below 251.9 it calculates wi ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 104.8 Percentage Change: -0.19% Day High: 105.25 Day Low: 101.9

In the event Taylor Wimpey experiences weakness below 101.9 it calculates ……..

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

#FTSE #Gold

We’re struggling to say anything nice about the week just experienced, a relentless push downward for the FTSE. It has called into question just where the trend may actually be with so few movements making any sense? For us, the big problem came at the start of July, when the UK market broke the Red uptrend, then stopped dead. It almost felt like someone decided, “Nope, no further” such was the force of the bounce at the 7,000 level.

To a lesser degree, we’d a puzzled enacted in front of us at 9.25am on Thursday. We’d let clients know we were anticipating the UK market bottoming around 7,190 points. True to form, at 9.25am, the index hit our target level, flatlining for 5 minutes, then discovered an excuse to fall further, eventually describing a low for the day at 7,131 points. Surprisingly, this strange behaviour was mirrored around the world with other markets also breaking below our target “bottom” level before experiencing recovery. This may prove quite dangerous next week but for now, we’re inclined to take some encouragement from the chances of a near term bounce.

We shall be inclined toward hope, should the FTSE move above 7,190 points as a slight recovery cycle toward 7,215 looks possible. Above such a level, it appears the market is offering a chance to repay all the losses from Thursday with gains in the direction of 7,272 points. If this scenario triggers, the UK index needs below 7,131 to cancel the prospects, thus giving a wide but tolerable stop loss level.

 

Of course, it’s worth remembering Friday 2nd September is also the US Non Farm Payroll day, numbers which once played havoc with the UK market but nowadays, less so. However, below 7,130 risks entering a reversal cycle down to 7,034 points initially. If broken, our secondary calculates at 6,906 points. We’re very hesitant to speculate on bounce points in this scenario as, if triggered, the FTSE will wake up to discover it’s trading in a zone where the Big Picture bottom works out around 6,400 points.

It’s probably worth remembering US Payroll numbers will invariably be optimistic estimates, usually provoking market gains until reality establishes itself sometime next week.

 

Have a good weekend, hopefully a better Grand Prix than last weekends proved to be.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:24:32PM	BRENT	91.86	91.7	91.21		92.4	95.1	95.59		94.27	‘cess
9:27:10PM	GOLD	1695	1688	1785		1697	1708	1711		1699	Success
9:41:29PM	FTSE	7181	7131	7119		7202	7215	7239		7163	Success
9:54:53PM	STOX50	3493	3444	3433		3470	3500	3519		3475	Success
9:56:37PM	GERMANY	12787	12600	12503		12780	12821	12869		12720	‘cess
9:59:24PM	US500	3967	3901	3871		3945	3969	3993		3937	Success
10:01:48PM	DOW	31660	31300	31260		31470	31680	31745		31487	Success
10:05:39PM	NASDAQ	12285	12005	11984		12175	12291	12332		12187	Success
10:09:58PM	JAPAN	27774	27665	27572		27756	27809	27908		27680	Success

1/09/2022 FTSE Closed at 7148 points. Change of -1.87%. Total value traded through LSE was: £ 5,042,745,604 a change of -38.48%

31/08/2022 FTSE Closed at 7284 points. Change of -1.05%. Total value traded through LSE was: £ 8,197,472,854 a change of 27.31%

30/08/2022 FTSE Closed at 7361 points. Change of -0.89%. Total value traded through LSE was: £ 6,438,857,207 a change of 48.05%

26/08/2022 FTSE Closed at 7427 points. Change of -0.7%. Total value traded through LSE was: £ 4,349,079,886 a change of 12.01%

25/08/2022 FTSE Closed at 7479 points. Change of 0.11%. Total value traded through LSE was: £ 3,882,636,574 a change of -18.23%

24/08/2022 FTSE Closed at 7471 points. Change of -0.23%. Total value traded through LSE was: £ 4,748,027,124 a change of -4.63%

23/08/2022 FTSE Closed at 7488 points. Change of -100%. Total value traded through LSE was: £ 4,978,434,617 a change of 0%

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:CAR Carclo** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:QFI Quadrise** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

********

Updated charts published on : Asos, Barrett Devs, British Telecom, Carclo, Glencore Xstra, Hikma, British Airways, IG Group, ITM Power, Intertek, ITV, Just Eat, Ocado Plc, Omega Diags, Quadrise, Royal Mail, Rolls Royce, Sainsbury, Scancell, Speedyhire, Scottish Mortgage Investment Trust, Taylor Wimpey, Vodafone,

LSE:ASC Asos Close Mid-Price: 663 Percentage Change: -4.67% Day High: 692 Day Low: 655

Target met. Weakness on Asos below 655 will invariably lead to 631 with s ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 415.2 Percentage Change: -2.83% Day High: 427.5 Day Low: 413.1

Target met. In the event Barrett Devs experiences weakness below 413.1 it ……..

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LSE:BT.A British Telecom Close Mid-Price: 146.05 Percentage Change: -3.09% Day High: 151.2 Day Low: 145.1

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LSE:CAR Carclo Close Mid-Price: 18.65 Percentage Change: -6.05% Day High: 19.5 Day Low: 18.5

Weakness on Carclo below 18.5 will invariably lead to 17 with secondary ( ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 442 Percentage Change: -6.61% Day High: 452.6 Day Low: 436.6

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LSE:HIK Hikma Close Mid-Price: 1289.5 Percentage Change: -1.79% Day High: 1315.5 Day Low: 1285

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LSE:IAG British Airways Close Mid-Price: 104.56 Percentage Change: -3.38% Day High: 107.68 Day Low: 104.58

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LSE:IGG IG Group Close Mid-Price: 791.5 Percentage Change: -3.30% Day High: 816.5 Day Low: 790.5

Weakness on IG Group below 790.5 will invariably lead to 599 with seconda ……..

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LSE:ITM ITM Power Close Mid-Price: 179.45 Percentage Change: -9.19% Day High: 195.7 Day Low: 179.5

Target met. Continued weakness against ITM taking the price below 179.5 c ……..

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LSE:ITRK Intertek Close Mid-Price: 3873 Percentage Change: -2.17% Day High: 3912 Day Low: 3853

Target met. Continued weakness against ITRK taking the price below 3853 c ……..

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LSE:ITV ITV Close Mid-Price: 61.22 Percentage Change: -4.79% Day High: 64.18 Day Low: 61.06

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LSE:JET Just Eat Close Mid-Price: 1363.8 Percentage Change: -5.48% Day High: 1415 Day Low: 1353

Weakness on Just Eat below 1353 will invariably lead to 1180 next with se ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 684.2 Percentage Change: -5.76% Day High: 721.6 Day Low: 682.6

Continued weakness against OCDO taking the price below 682.6 calculates a ……..

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LSE:ODX Omega Diags Close Mid-Price: 2.55 Percentage Change: -7.27% Day High: 2.75 Day Low: 2.5

Target met. In the event Omega Diags experiences weakness below 2.5 it ca ……..

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LSE:QFI Quadrise Close Mid-Price: 1.23 Percentage Change: -6.82% Day High: 1.25 Day Low: 1.21

Weakness on Quadrise below 1.21 will invariably lead to 1.15 with seconda ……..

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LSE:RMG Royal Mail Close Mid-Price: 253.6 Percentage Change: -7.95% Day High: 275 Day Low: 253.7

Continued weakness against RMG taking the price below 253.7 calculates as ……..

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LSE:RR. Rolls Royce Close Mid-Price: 71.31 Percentage Change: -7.39% Day High: 75.99 Day Low: 69.57

In the event Rolls Royce experiences weakness below 69.57 it calculates w ……..

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LSE:SBRY Sainsbury Close Mid-Price: 200 Percentage Change: -1.67% Day High: 202.7 Day Low: 199.05

If Sainsbury experiences continued weakness below 199.05, it will invaria ……..

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LSE:SCLP Scancell Close Mid-Price: 11.12 Percentage Change: -3.26% Day High: 11.25 Day Low: 11.12

Weakness on Scancell below 11.12 will invariably lead to 9.5p. If broken, ……..

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LSE:SDY Speedyhire Close Mid-Price: 38.25 Percentage Change: -6.71% Day High: 40.75 Day Low: 38.8

Target met. Continued weakness against SDY taking the price below 38.8 ca ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 769.2 Percentage Change: -4.54% Day High: 801 Day Low: 767.6

Weakness on Scottish Mortgage Investment Trust below 767.6 will invariabl ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 105 Percentage Change: -3.05% Day High: 108.2 Day Low: 104.5

Target met. Continued weakness against TW. taking the price below 104.5 c ……..

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LSE:VOD Vodafone Close Mid-Price: 112.18 Percentage Change: -3.03% Day High: 115.32 Day Low: 111.84

In the event Vodafone experiences weakness below 111.84 it calculates wit ……..

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

#FTSE #Nasdaq

When we previously reviewed Brent Crude back in June, we suggested a break below 101 would potentially provide the first trigger level capable of producing some reversals. Yes, it did and no, it didn’t. The price of the product fell below $101, slumped to $91 in the period since, and has spent the last few months essentially messing around.

We’d already expressed frustration at the seemingly lost nature of Brents movements, rising and falling in a fashion more in tune with the tide rather than any effective basis in reality.

There are now signs things have the potential of further change. Weakness now below just $93 now calculates as capable of triggering further reversals to an initial $87 with secondary, if broken, down at $77. We shall certainly be curious should $77 ever make an appearance as this encompasses quite a surprise potential.

As the visuals on the chart below highlight, hitting the 77 level would reverse the price of Brent below the level of the Big Picture trend break in January this year. From our perspective, dipping below this $81 level is quite important as it calls into question the integrity and strength of the upward surge which has proven so painful for 2022. There are few signals more worrying than when a price breaks from a Big Picture trend, then after some time in the sun, the price opts to dodge below its prior trend. To be honest, it’s a seriously bad signal and often the harbinger of some tough times ahead.

 

For now, the concern is the immediate proximity of the price of Brent to our $93 trigger level (actually $93.24 at time of writing) as the market is already making shuffling dance steps which indicate a break is imminent. Then again, all this fragile market place needs is a suggestion something is happening in Ukraine or Russia and once again, the price risks being thrown up in the air.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:40:18PM	BRENT	94.9									Success
9:41:58PM	GOLD	1711.2									‘cess
9:45:29PM	FTSE	7282	7270	7253	7231	7321	7325	7352	7384	7280	‘cess
9:48:21PM	STOX50	3510.7									‘cess
9:51:33PM	GERMANY	12828.76
9:53:31PM	US500	3958.37
9:55:33PM	DOW	31552									‘cess
9:57:27PM	NASDAQ	12292	12238	12145	12027	12382	12507	12573	12676	12382
10:13:22PM	JAPAN	27845

 

31/08/2022 FTSE Closed at 7284 points. Change of -1.05%. Total value traded through LSE was: £ 8,197,472,854 a change of 27.31%

30/08/2022 FTSE Closed at 7361 points. Change of -0.89%. Total value traded through LSE was: £ 6,438,857,207 a change of 48.05%

26/08/2022 FTSE Closed at 7427 points. Change of -0.7%. Total value traded through LSE was: £ 4,349,079,886 a change of 12.01%

25/08/2022 FTSE Closed at 7479 points. Change of 0.11%. Total value traded through LSE was: £ 3,882,636,574 a change of -18.23%

24/08/2022 FTSE Closed at 7471 points. Change of -0.23%. Total value traded through LSE was: £ 4,748,027,124 a change of -4.63%

23/08/2022 FTSE Closed at 7488 points. Change of -0.6%. Total value traded through LSE was: £ 4,978,434,617 a change of 0.1%

22/08/2022 FTSE Closed at 7533 points. Change of -100%. Total value traded through LSE was: £ 4,973,471,266 a change of 0%

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:BT.A British Telecom** **LSE:CNA Centrica** **LSE:HIK Hikma** **LSE:ITRK Intertek** **LSE:ODX Omega Diags** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

********

Updated charts published on : Aston Martin, British Telecom, Centrica, Hikma, Intertek, Omega Diags, Quadrise, Rolls Royce, Scancell, Taylor Wimpey, Vodafone,

LSE:AML Aston Martin. Close Mid-Price: 445.7 Percentage Change: + 0.16% Day High: 452.4 Day Low: 424

Continued weakness against AML taking the price below 424 calculates as l ……..

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LSE:BT.A British Telecom Close Mid-Price: 150.7 Percentage Change: -0.76% Day High: 152.25 Day Low: 149.6

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LSE:CNA Centrica Close Mid-Price: 75.74 Percentage Change: -1.07% Day High: 77.74 Day Low: 74.02

Weakness on Centrica below 74.02 will invariably lead to 60 with secondar ……..

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LSE:HIK Hikma Close Mid-Price: 1313 Percentage Change: -0.49% Day High: 1326.5 Day Low: 1302.5

In the event Hikma experiences weakness below 1302.5 it calculates with a ……..

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LSE:ITRK Intertek Close Mid-Price: 3959 Percentage Change: -1.15% Day High: 4021 Day Low: 3956

If Intertek experiences continued weakness below 3956, it will invariably ……..

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LSE:ODX Omega Diags Close Mid-Price: 2.75 Percentage Change: -0.90% Day High: 2.8 Day Low: 2.65

Weakness on Omega Diags below 2.65 will invariably lead to 2.5 with secon ……..

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LSE:QFI Quadrise. Close Mid-Price: 1.32 Percentage Change: + 3.94% Day High: 1.26 Day Low: 1.23

Target met. In the event Quadrise experiences weakness below 1.23 it calc ……..

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LSE:RR. Rolls Royce Close Mid-Price: 77 Percentage Change: -1.53% Day High: 78.55 Day Low: 76.3

Continued weakness against RR. taking the price below 76.3 calculates as ……..

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LSE:SCLP Scancell Close Mid-Price: 11.5 Percentage Change: -1.08% Day High: 11.62 Day Low: 11.25

If Scancell experiences continued weakness below 11.25, it will invariabl ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 108.3 Percentage Change: -1.72% Day High: 111.3 Day Low: 107.6

Weakness on Taylor Wimpey below 107.6 will invariably lead to 106 with se ……..

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LSE:VOD Vodafone Close Mid-Price: 115.68 Percentage Change: -0.03% Day High: 116.8 Day Low: 114.84

If Vodafone experiences continued weakness below 114.84, it will invariab ……..

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

#Gold #Stoxx50

It’s sometimes the case we dislike a company, simply due to their name. The current incarnation of British Airways, ‘International Consolidated Airlines Group’ is one such iteration, a complete nuisance to type repeatedly in an article. Most folk opt to use their share code, IAG, to refer to the company. GlaxoSmithKline was another such but in this instance, I think we’d all thought of them as GSK for years.

When they finally bowed to the inevitable and renamed themselves GSK in June this year, the cost of cleaning the longer lettering from their original name must have proven extraordinary as there was no way their shorter, sharper, new logo would ever cover up the original letters.

However, the company did something else which, from our numbers focus, was unforgivable. On the 18th July, following their demerger of Haleon and the introduction of Haleon Group to the marketplace, GSK enacted a mildly complex share consolidation. By the 19th, with share price values known, the actual level of the consolidation known, it was a case of 4 “new” shares for every 5 existing shares. This should have created a relatively minor bump in the share price but the markets appear to be experiencing some difficulty getting their head around it and things are a little messy.

The immediate situation feels quite toxic (probably a bad word to use around a drug company) as weakness below just 1370p risks promoting reversal down to 1221p next. At this level, we’ve two distinctly separate arguments favouring a bounce and a third argument, that inner hysterical voice, pleading for the initial arguments to be correct, because our secondary calculation works out at a ridiculous looking 770p.

To get out of trouble, thankfully GSK only require exceed 1564 to give some hope as such a level calculates as possibly triggering recovery to 1700p. If exceeded, our longer term secondary works out at 1960p, again visually sensible.

For now, we fear GSK intends a visit to the 1220p level.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:54:12PM	BRENT	98.12
10:01:57PM	GOLD	1724	1720	1717	1701	1730	1749	1754	1758	1742
10:06:31PM	FTSE	7339.28					No	clear	ideas		Success
10:10:24PM	STOX50	3554.8	3538	3530	3497	3560	3571	3577	3590	3551	Success
10:13:09PM	GERMANY	12928									Success
10:38:19PM	US500	3985
10:44:38PM	DOW	31771									Shambles
10:46:26PM	NASDAQ	12352
10:48:26PM	JAPAN	27917

30/08/2022 FTSE Closed at 7361 points. Change of -0.89%. Total value traded through LSE was: £ 6,438,857,207 a change of 48.05%

26/08/2022 FTSE Closed at 7427 points. Change of -0.7%. Total value traded through LSE was: £ 4,349,079,886 a change of 12.01%

25/08/2022 FTSE Closed at 7479 points. Change of 0.11%. Total value traded through LSE was: £ 3,882,636,574 a change of -18.23%

24/08/2022 FTSE Closed at 7471 points. Change of -0.23%. Total value traded through LSE was: £ 4,748,027,124 a change of -4.63%

23/08/2022 FTSE Closed at 7488 points. Change of -0.6%. Total value traded through LSE was: £ 4,978,434,617 a change of 0.1%

22/08/2022 FTSE Closed at 7533 points. Change of -0.23%. Total value traded through LSE was: £ 4,973,471,266 a change of -16.58%

19/08/2022 FTSE Closed at 7550 points. Change of -100%. Total value traded through LSE was: £ 5,961,629,196 a change of 0%

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:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:IGAS Igas Energy** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **

********

Updated charts published on : Asos, BP PLC, British Telecom, Centrica, Capita, Gulf Keystone, Hikma, Igas Energy, Intertek, Marks and Spencer, Rolls Royce, Speedyhire,

LSE:ASC Asos. Close Mid-Price: 717.5 Percentage Change: + 2.94% Day High: 736.5 Day Low: 689.5

If Asos experiences continued weakness below 689.5, it will invariably le ……..

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LSE:BP. BP PLC Close Mid-Price: 449.25 Percentage Change: -1.87% Day High: 469.6 Day Low: 447

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LSE:BT.A British Telecom. Close Mid-Price: 151.85 Percentage Change: + 0.26% Day High: 153.7 Day Low: 150.8

Weakness on British Telecom below 150.8 will invariably lead to 144 with ……..

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LSE:CNA Centrica Close Mid-Price: 76.56 Percentage Change: -6.59% Day High: 82.06 Day Low: 75.98

Continued weakness against CNA taking the price below 75.98 calculates as ……..

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LSE:CPI Capita. Close Mid-Price: 25.08 Percentage Change: + 0.32% Day High: 25.76 Day Low: 24.18

Weakness on Capita below 24.18 will invariably lead to 20.5 with secondar ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 239.5 Percentage Change: -8.06% Day High: 269 Day Low: 238

Target met. All Gulf Keystone needs are mid-price trades ABOVE 269 to imp ……..

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LSE:HIK Hikma Close Mid-Price: 1319.5 Percentage Change: -1.24% Day High: 1351.5 Day Low: 1318.5

Target met. Weakness on Hikma below 1318.5 will invariably lead to 1241 w ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 90.8 Percentage Change: + 2.02% Day High: 101 Day Low: 85

Target met. Further movement against Igas Energy ABOVE 101 should improve ……..

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LSE:ITRK Intertek Close Mid-Price: 4005 Percentage Change: -0.40% Day High: 4073 Day Low: 3976

Weakness on Intertek below 3976 will invariably lead to 3901 with seconda ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 122.05 Percentage Change: + 1.45% Day High: 124.65 Day Low: 118.8

In the event Marks and Spencer experiences weakness below 118.8 it calcul ……..

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LSE:RR. Rolls Royce Close Mid-Price: 78.2 Percentage Change: -0.36% Day High: 80.1 Day Low: 77.4

If Rolls Royce experiences continued weakness below 77.4, it will invaria ……..

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LSE:SDY Speedyhire Close Mid-Price: 41 Percentage Change: -2.50% Day High: 42.2 Day Low: 40.5

Weakness on Speedyhire below 40.5 will invariably lead to 38.8p with seco ……..

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