Trends And Targets

#Brent #Stoxx50

When we reviewed Metro Bank in August last year, something quite fascinating happened thereafter. In November, the share price surged upward, hitting our primary and secondary targets but crucially, failed to close the session above our secondary target of 142p. It was all a bit strange, almost feeling like “it had” to get to 142p but this was really just to establish a trend.

It almost didn’t matter, ‘cos a couple of weeks later, the market decided “okay, you’ve had your day in the sun. But you’re a Retail Bank, so get back in the gutter!” It was all very strange behaviour.

Since the price was manipulated (gapped) downward on November 18th last year, one this has become pretty clear. In the unlikely event of Metro Bank now trading below 71p, we suspect quite strongly the share price shall “bottom” at 57p and hopefully enact a proper bounce.  However, share price movements during August tend make us question whether reversals should be expected, especially as across the retail banking sector, the general mood feels like “restrained optimism”. Or in plain English, the banks feel like they want to go up, but, perhaps due to August, perhaps Ukraine, perhaps Brexit, or perhaps the unbelievable excitement generated by the UK leadership election, all seem to be contributing to this particular market sector remaining pretty flat and boring.

 

For Metro Bank, we suspect they shall prove worthy of attention, if the share price stumbles above 96p as we can calculate the potential of a lift to an initial 112p next. If bettered, our secondary works out at 138p, a concerning ambition as it’s marginally below the previous high. However, this calculation does give the share price the chance of closing above the previous high closing price of 133p. It shall be interesting, if history again repeats itself at the start of November.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:26:31PM	BRENT	95.44	93.4	92.13	90.36	95	97.44	97.67	98.93	95.68
10:28:56PM	GOLD	1747.46
10:30:34PM	FTSE	7547.54
9:50:54PM	STOX50	3726.7	3717	3709	3671	3737	3772	3789	3813	3751	Success
9:53:52PM	GERMANY	13531									‘cess
9:57:12PM	US500	4229									‘cess
10:01:33PM	DOW	33707									‘cess
10:04:23PM	NASDAQ	13245.07									Success
10:06:48PM	JAPAN	28745									‘cess

19/08/2022 FTSE Closed at 7550 points. Change of 0.12%. Total value traded through LSE was: £ 5,961,629,196 a change of 29.52%

18/08/2022 FTSE Closed at 7541 points. Change of 0.35%. Total value traded through LSE was: £ 4,602,765,684 a change of 0.38%

17/08/2022 FTSE Closed at 7515 points. Change of -0.28%. Total value traded through LSE was: £ 4,585,359,451 a change of 5.45%

16/08/2022 FTSE Closed at 7536 points. Change of 0.36%. Total value traded through LSE was: £ 4,348,545,250 a change of 13.62%

15/08/2022 FTSE Closed at 7509 points. Change of 0.12%. Total value traded through LSE was: £ 3,827,179,402 a change of -9.76%

12/08/2022 FTSE Closed at 7500 points. Change of 0.47%. Total value traded through LSE was: £ 4,240,976,226 a change of -17.45%

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:HIK Hikma** **LSE:ITM ITM Power** **LSE:JET Just Eat** **

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Updated charts published on : Asos, Astrazeneca, BP PLC, Darktrace Plc, Diageo, Hikma, ITM Power, Just Eat,

LSE:ASC Asos Close Mid-Price: 765 Percentage Change: -5.56% Day High: 828 Day Low: 759

Target Met. This is really not looking happy with weakness next below 759 ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 11250 Percentage Change: + 2.14% Day High: 11292 Day Low: 10978

All Astrazeneca needs are mid-price trades ABOVE 11295 to improve accelera ……..

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LSE:BP. BP PLC. Close Mid-Price: 447.8 Percentage Change: + 1.31% Day High: 449.9 Day Low: 441.65

ll BP PLC needs are mid-price trades ABOVE 450 to improve acceleration tow ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 544 Percentage Change: + 0.29% Day High: 559.6 Day Low: 509.2

Continued trades against DARK with a mid-price ABOVE 560 should improve th ……..

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LSE:DGE Diageo. Close Mid-Price: 3960 Percentage Change: + 1.47% Day High: 3957 Day Low: 3888.5

Target Met. Continued exploration above 3960 now points at the potential o ……..

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LSE:HIK Hikma Close Mid-Price: 1438.5 Percentage Change: -0.17% Day High: 1448 Day Low: 1424

If Hikma experiences continued weakness below 1424, it will invariably lea ……..

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LSE:ITM ITM Power Close Mid-Price: 204.5 Percentage Change: -4.04% Day High: 215.8 Day Low: 201

Weakness on ITM Power below 201 will invariably now lead to 182 with secon ……..

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LSE:JET Just Eat. Close Mid-Price: 1781.6 Percentage Change: + 26.73% Day High: 2055 Day Low: 1720

Target Met. That was a bit of a surprise but, it appears the market intend ……..

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

#FTSE #GOLD

The FTSE has embraced the spirit of August, doing very little and behaving with little in the way of logic. However, in the last week, the market has closed twice above our suspected ceiling level of 5520 points, leading us to believe some further movement upward shall become possible.

Movement next above 7547 points calculates with the potential of a visit to 7576 points next. While being a fairly useful amble upwards, our secondary is of greater – presumably longer term – interest as it calculates at 7635 points and a probable challenge against Blue on the chart. This downtrend dates back to 2018, a time when life was affordable. Isn’t it funny the only things which appear to be escaping the current inflation cycle are share prices, crypto values, gold, and so on. There’s certainly a “logic disconnect” taking place as the value of the very thing used to literally measure values and worth remains aloof.

 

If everything intends go pear shaped near term, below 7493 looks capable of triggering reversal to an initial 7468 with secondary, if broken, at 7439 points and hopefully a bounce, due to the underlying trend remaining upward.

Due to the holiday season, we’re attempting to keep our reports short and sharp. Have a good weekend.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:51:19PM	BRENT	95.97	93.54	92.88		94.97	96.96	97.775		94.92	Success
9:53:23PM	GOLD	1758.95	1755	1752		1765	1772	1777		1765	‘cess
9:54:50PM	FTSE	7563	7489	7467		7519	7563	7573		7531	Shambles
9:56:29PM	STOX50	3782	3748	3735		3767	3783	3796		3763
9:58:40PM	GERMANY	13705	13604	13521		13724	13785	13810		13644
10:00:15PM	US500	4286	4251	4232		4278	4294	4306		4262
10:26:45PM	DOW	34001	33833	33679		33968	34067	34154		33900
10:28:47PM	NASDAQ	13515	13388	13317		13465	13557	13612		13463
10:30:55PM	JAPAN	29092	28873	28763		29007	29144	29214		28953

18/08/2022 FTSE Closed at 7541 points. Change of 0.35%. Total value traded through LSE was: £ 4,602,765,684 a change of 0.38%

17/08/2022 FTSE Closed at 7515 points. Change of -0.28%. Total value traded through LSE was: £ 4,585,359,451 a change of 5.45%

16/08/2022 FTSE Closed at 7536 points. Change of 0.36%. Total value traded through LSE was: £ 4,348,545,250 a change of 13.62%

15/08/2022 FTSE Closed at 7509 points. Change of 0.12%. Total value traded through LSE was: £ 3,827,179,402 a change of -9.76%

12/08/2022 FTSE Closed at 7500 points. Change of 0.47%. Total value traded through LSE was: £ 4,240,976,226 a change of -17.45%

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

10/08/2022 FTSE Closed at 7507 points. Change of 0.25%. Total value traded through LSE was: £ 5,197,338,086 a change of -9.09%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **

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Updated charts published on : Asos, BALFOUR BEATTY, BP PLC, Glencore Xstra, Hikma, ITM Power, Quadrise,

LSE:ASC Asos Close Mid-Price: 810 Percentage Change: -4.93% Day High: 879 Day Low: 800.5

Target Met. Ongoing weakness below 800 now suggests reversal to 787 with s ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 325 Percentage Change: + 1.69% Day High: 331.8 Day Low: 319.6

Target Met. Traffic now above 332 should built toward an initial 348 with ……..

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LSE:BP. BP PLC. Close Mid-Price: 442 Percentage Change: + 2.58% Day High: 443.05 Day Low: 432.6

Target met. All BP PLC needs are mid-price trades ABOVE 444 to improve ac ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 498.25 Percentage Change: + 2.37% Day High: 498.15 Day Low: 484.3

Target met. Continued trades against GLEN with a mid-price ABOVE 498.15 s ……..

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LSE:HIK Hikma Close Mid-Price: 1441 Percentage Change: -3.32% Day High: 1476 Day Low: 1439.5

If Hikma experiences continued weakness below 1439.5, it will invariably ……..

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LSE:ITM ITM Power Close Mid-Price: 213.1 Percentage Change: -12.01% Day High: 228.5 Day Low: 208.1

Weakness on ITM Power below 208.1 will invariably lead to 159 with second ……..

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LSE:QFI Quadrise. Close Mid-Price: 1.31 Percentage Change: + 1.15% Day High: 1.28 Day Low: 1.28

Continued weakness against QFI taking the price below 1.28 calculates as ……..

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

#WallSt #SP500

The company in which David Beckham is invested is suddenly showing an interesting potential, one which makes us question whether 4 thousandths of a penny is important or not. Our fascination relates to the Blue line on the chart below and the astounding “fact” CBX has finally closed above the trend, a line which commenced back in February 2021 amongst the fervour of the lab grown cannabis launch on the UK stock market.

By any standards, 4/1000ths isn’t a lot but by closing the session on Tuesday 17th August at 2.4p, with the trend line at 2.396p, we’re all supposed to be madly excited and promising great things for the future. It’s obviously an official “breakout”, a seriously big deal…

Or is it?

 

Time will tell but we’re no longer surprised when this sort of nonsense proves important, share prices often behaving as if an impediment to good behaviour has been lifted. Who knows, perhaps Boris Johnston will do something useful when he’s set free from the UK. There must be a party somewhere he hasn’t graced with his presence!

From an immediate perspective, we can calculate movement above 2.7p is supposed to trigger price recovery to 3.3p next. While visually, there’s a heck of an argument promising some hesitation at such a level, it’s perhaps worth remembering recovery after a trend break can often prove flamboyant. In this instance, our secondary at 4.5p doesn’t look unattainable, instead proposing itself as a logical target should our initial 3.3p be exceeded.

At this point, things get a little squirrelly, presenting a price level where we should ideally revisit the numbers and examine the path taken, should such a target ambition come to fruition. The steady nature of CBX’s fall since December last year has created a situation which allegedly allows several sharp recovery spikes in the future, should our 4.5p dream make itself a reality. There’s absolutely no way can we sanely suggest “and above 4.5p and we’re calculating a future 20p” but unfortunately, these are the numbers we’re currently being dealt. Common sense implies the market will harbour other ideas and the easiest way of inflicting them is to introduce hesitation at target levels.

Perhaps CBX shall prove worth watching anytime now. Hopefully the company don’t have some negative news to detract from our impressive 4/1000’s of a penny worth of optimism.

Usually, we’d include a zoomed in “chart inset” to show a breakout but, to be honest, the Blue line on the chart is thicker than the price movement!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:29PM	BRENT	92.75
10:07:51PM	GOLD	1762.27									Success
10:37:32PM	FTSE	7520.96									‘cess
10:39:31PM	STOX50	3773									Success
10:44:50PM	GERMANY	13670									Success
10:49:20PM	US500	4277	4251	4231	4200	4282	4311	4328	4353	4274	‘cess
10:51:35PM	DOW	33996	33826	33778	33636	34100	34204	34337	34508	34040
10:53:47PM	NASDAQ	13481
10:55:42PM	JAPAN	29019									Success

17/08/2022 FTSE Closed at 7515 points. Change of -0.28%. Total value traded through LSE was: £ 4,585,359,451 a change of 5.45%

16/08/2022 FTSE Closed at 7536 points. Change of 0.36%. Total value traded through LSE was: £ 4,348,545,250 a change of 13.62%

15/08/2022 FTSE Closed at 7509 points. Change of 0.12%. Total value traded through LSE was: £ 3,827,179,402 a change of -9.76%

12/08/2022 FTSE Closed at 7500 points. Change of 0.47%. Total value traded through LSE was: £ 4,240,976,226 a change of -17.45%

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

10/08/2022 FTSE Closed at 7507 points. Change of 0.25%. Total value traded through LSE was: £ 5,197,338,086 a change of -9.09%

9/08/2022 FTSE Closed at 7488 points. Change of 0.08%. Total value traded through LSE was: £ 5,716,882,880 a change of 22.59%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:DARK Darktrace Plc** **LSE:GLEN Glencore Xstra** **LSE:NWG Natwest** **

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Updated charts published on : Asos, Barclays, BALFOUR BEATTY, Carnival, Darktrace Plc, Glencore Xstra, Natwest,

LSE:ASC Asos Close Mid-Price: 852 Percentage Change: -11.20% Day High: 955.5 Day Low: 854.5

Target met. If Asos experiences continued weakness below 854.5, it will i ……..

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LSE:BARC Barclays Close Mid-Price: 168.68 Percentage Change: -1.07% Day High: 173.34 Day Low: 168.56

All Barclays needs are mid-price trades ABOVE 173.34 to improve accelerat ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 319.6 Percentage Change: + 10.51% Day High: 322.6 Day Low: 300.8

Target met. Continued trades against BBY with a mid-price ABOVE 322.6 sho ……..

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LSE:CCL Carnival Close Mid-Price: 779.4 Percentage Change: -0.05% Day High: 830 Day Low: 780.6

Further movement against Carnival ABOVE 830 should improve acceleration t ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 540.6 Percentage Change: + 4.93% Day High: 552.4 Day Low: 509.2

Target met. Continued trades against DARK with a mid-price ABOVE 552.4 sh ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 486.7 Percentage Change: + 0.79% Day High: 490.45 Day Low: 481.85

Target met. Further movement against Glencore Xstra ABOVE 490.45 should i ……..

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LSE:NWG Natwest. Close Mid-Price: 262.8 Percentage Change: + 0.69% Day High: 264.1 Day Low: 261.1

Further movement against Natwest ABOVE 264.1 should improve acceleration ……..

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

#FTSE #STOXX

Probably the most common email we receive asks; “has xyz bottomed?”. It’s often a difficult question, requiring quite a few criteria examined in the hope of discovering, just how long a bit of string is! Revolution Plc present a share where it’s actually impossible to define a bottom, the price falling from 170p to 17p in just a year with what looks like an out of control descent.

In other words, at no stage could we have calculated a logical bottom for the share price…

At best, all we can currently offer is a series of “best case” scenario, where we can perhaps postulate on situations where surprise price recovery looks possible.

 

The immediate situation suggests movement above 28.5p should promote recovery to an initial 37p with secondary, if bettered, at 46p and a possible collision against the immediate downtrend in Blue. Closure above 46p shall make it difficult not to assume “bottom” is in, this taking the share price into a region where a future cycle to 86p becomes a viable ambition. The harsh reality of the immediate situation is pretty simple, until such time their share price actually closes above the Blue downtrend, it remains trading in a zone where it’s simply not possible to calculate a logical bottom.

We did visit the company website, looking for ammunition to pad out our report. We’ve opted not to ‘go there’, feeling quite bewildered at the range of make ups available. Surely everyone knows, from a blokes perspective, the only thing ever needed is Clinique shaving cream.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:03:51PM	BRENT	92.36
10:05:32PM	GOLD	1775									‘cess
10:08:42PM	FTSE	7563	7518	7501	7479	7538	7564	7578	7617	7532	‘cess
10:10:35PM	STOX50	3820	3785	3772	3756	3802	3821	3827	3841	3805	‘cess
10:12:25PM	GERMANY	13950									‘cess
10:19:05PM	US500	4307									Success
10:21:44PM	DOW	34138									Success
10:23:24PM	NASDAQ	13635									‘cess
10:25:24PM	JAPAN	28972									‘cess

16/08/2022 FTSE Closed at 7536 points. Change of 0.36%. Total value traded through LSE was: £ 4,348,545,250 a change of 13.62%

15/08/2022 FTSE Closed at 7509 points. Change of 0.12%. Total value traded through LSE was: £ 3,827,179,402 a change of -9.76%

12/08/2022 FTSE Closed at 7500 points. Change of 0.47%. Total value traded through LSE was: £ 4,240,976,226 a change of -17.45%

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

10/08/2022 FTSE Closed at 7507 points. Change of 0.25%. Total value traded through LSE was: £ 5,197,338,086 a change of -9.09%

9/08/2022 FTSE Closed at 7488 points. Change of 0.08%. Total value traded through LSE was: £ 5,716,882,880 a change of 22.59%

8/08/2022 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: £ 4,663,235,289 a change of 8.84%

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:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:FGP Firstgroup** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:RKH Rockhopper** **

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Updated charts published on : AFC Energy, Asos, BALFOUR BEATTY, Darktrace Plc, Firstgroup, Glencore Xstra, British Airways, Igas Energy, IG Group, Intercontinental Hotels Group, ITM Power, National Glib, Rockhopper,

LSE:AFC AFC Energy. Close Mid-Price: 33.96 Percentage Change: + 2.23% Day High: 34.5 Day Low: 32.7

In the event of AFC Energy enjoying further trades beyond 34.5, the share ……..

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LSE:ASC Asos Close Mid-Price: 959.5 Percentage Change: -0.52% Day High: 983 Day Low: 952.5

Weakness on Asos below 952 will invariably lead to 946 with secondary (if ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 289.2 Percentage Change: + 0.98% Day High: 293.2 Day Low: 285

Target Met. Ongoing traffic above 294 now points at 305 next with secondar ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 515.2 Percentage Change: + 24.20% Day High: 532.8 Day Low: 481.1

Target Met. Now above 533 indicates the potential of 541 next with seconda ……..

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LSE:FGP Firstgroup Close Mid-Price: 114.2 Percentage Change: -11.40% Day High: 130.3 Day Low: 107.2

Below 107 now points at the potential of a bottom at 102p. If broken, our ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 482.9 Percentage Change: + 3.96% Day High: 485.65 Day Low: 467.95

In the event of Glencore Xstra enjoying further trades beyond 486, the sha ……..

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LSE:IAG British Airways. Close Mid-Price: 123 Percentage Change: + 2.01% Day High: 122.66 Day Low: 119.78

All British Airways needs are mid-price trades ABOVE 123 to improve ascen ……..

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LSE:IGAS Igas Energy Close Mid-Price: 75.4 Percentage Change: -10.24% Day High: 88 Day Low: 66.2

Continued trades against IGAS with a mid-price ABOVE 89 should improve the ……..

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LSE:IGG IG Group Close Mid-Price: 842.5 Percentage Change: -0.59% Day High: 851 Day Low: 843.5

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5106 Percentage Change: + 0.47% Day High: 5300 Day Low: 5078

Further movement against Intercontinental Hotels Group ABOVE 5300 should i ……..

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LSE:ITM ITM Power Close Mid-Price: 244.5 Percentage Change: -2.36% Day High: 260 Day Low: 236.9

All ITM Power needs are mid-price trades ABOVE 260 to improve acceleration ……..

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LSE:NG. National Glib. Close Mid-Price: 1168 Percentage Change: + 1.43% Day High: 1175.5 Day Low: 1157

Continued trades against NG. with a mid-price ABOVE 1176 should improve th ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.86 Percentage Change: + 1.84% Day High: 9.5 Day Low: 8.38

This is now getting a little complex but above 9.5 now indicates the poten ……..

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

#Gold #Nasdaq

There will always be a warm spot in my memory for Norwich Union, one of the companies who formed the giant Aviva Plc. Once upon a time, insurance companies issued something called ‘Cover Notes’, essential to prove you’d insurance and thus, able to buy road tax. As a teenager riding a motorcycle in the 1980’s, insurance was a pesky nuisance and worse, the police would often (correctly) assume a scruffy BSA with an out of date tax disc was also not insured, nor probably MoT’d. The MoT was never an issue as only an idiot rides a motorcycle which isn’t roadworthy, road tax was dirt cheap, but insurance could prove quite expensive.

But one day, a miracle was discovered while visiting the local dump (aka, now called a civic amenity site), a weekly forage to search for any old British motorcycles being thrown away. In the ‘trailers only’ part of the dump, among the usual tranche of 1970’s furniture, Honda 50’s, and loads of filing cabinets was an instantly familiar book. It was a Norwich Union book of cover notes, spilled out of a filing cabinet which had clearly belonged to an insurance brokers. Conveniently, there was also a company stamp and ink pad. Abruptly, our little gang of highschool motorcyclists had resolved an issue, essentially ensuring each could ride their machine to school rather than going pillion with each other!

From memory, the cost of insurance for my leaky 1949 AJS 500 single (yes, I know what they’re now worth) was just under £30 per annum. And as every 17 year old knows, that £30 could be put to better uses than a sneaky government mandated tax to use the roads. Through high school to the first week of university, that Norwich Union book may have proved essential but I’d decided luck could only last so long and thus, bought real insurance for the AJS when I started Uni. On Friday of week nothing, a Ford Escort ran into me, literally directly in front of two motorcycle cops who were pretending to admire my mobile oil slick. The Brain of Britain driving the car continued going, somehow assuming she’d escape the consequences.

Discretely, that night, I burnt the remainder of that Norwich Union book of cover notes. My real insurance was, inevitably, with Norwich Union, then the prime UK motorcycle insurer.

 

None of this is why we’re inclined to look kindly on Aviva’s share price. Instead, it’s possible something quite remarkable has happened, the share price finally closing above the downtrend which dates back to 2007. Visually, we suspect it shall prove quite a big deal, creating a “Big Picture” situation where ongoing traffic above 474p should create a situation with longer term movement to an initial 538p looking like a confident proposition. In the more distant future, we can even calculate a distant 644p as an extremely viable ambition. About the only fly in the ointment is the value of a potential stop loss, if anyone intends take a ‘fire and forget’ stance.

The visuals indicate the price need only fall below 450p to scupper our calculations, an agreeably tight stop loss level given the potential gains and thus, one we’re inclined to distrust. It’s entirely possible the Red line on the chart below may represent a saner “stop” level, this presently at 397p.

Below Red certainly should ring alarm bells, calculating with the risk of reversals to an initial 340p with secondary, if broken, at 295p. But for now, our thoughts lean toward a happier future for Aviva.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:31:02PM	BRENT	93.23									Success
11:32:59PM	GOLD	1779.59	1775	1771	1759	1786	1788	1793	1800	1783	Success
11:37:06PM	FTSE	7530.85
11:38:47PM	STOX50	3806.7
11:41:51PM	GERMANY	13853
11:43:57PM	US500	4291.97									‘cess
11:49:12PM	DOW	33875									Success
11:51:01PM	NASDAQ	13653	13477	13440	13358	13547	13686	13701	13848	13568	‘cess
11:53:28PM	JAPAN	28868									‘cess

 

15/08/2022 FTSE Closed at 7509 points. Change of 0.12%. Total value traded through LSE was: £ 3,827,179,402 a change of -9.76%

12/08/2022 FTSE Closed at 7500 points. Change of 0.47%. Total value traded through LSE was: £ 4,240,976,226 a change of -17.45%

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

10/08/2022 FTSE Closed at 7507 points. Change of 0.25%. Total value traded through LSE was: £ 5,197,338,086 a change of -9.09%

9/08/2022 FTSE Closed at 7488 points. Change of 0.08%. Total value traded through LSE was: £ 5,716,882,880 a change of 22.59%

8/08/2022 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: £ 4,663,235,289 a change of 8.84%

5/08/2022 FTSE Closed at 7439 points. Change of -0.12%. Total value traded through LSE was: £ 4,284,416,444 a change of -24.22%

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:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:ECO ECO (Atlantic) O & G** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **

********

Updated charts published on : AFC Energy, BALFOUR BEATTY, Caspian, ECO (Atlantic) O & G, Igas Energy, IG Group, ITM Power, National Glib,

LSE:AFC AFC Energy. Close Mid-Price: 33.22 Percentage Change: + 6.89% Day High: 33.28 Day Low: 32.02

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 286.4 Percentage Change: + 0.00% Day High: 289 Day Low: 285.2

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LSE:CASP Caspian. Close Mid-Price: 3.3 Percentage Change: + 8.20% Day High: 3.33 Day Low: 2.95

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 32.5 Percentage Change: + 4.84% Day High: 32.5 Day Low: 31.25

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LSE:IGAS Igas Energy. Close Mid-Price: 84 Percentage Change: + 13.21% Day High: 89 Day Low: 76

Target met. Continued trades against IGAS with a mid-price ABOVE 89 shoul ……..

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LSE:IGG IG Group. Close Mid-Price: 847.5 Percentage Change: + 0.65% Day High: 847 Day Low: 833

Target met. In the event of IG Group enjoying further trades beyond 847, ……..

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LSE:ITM ITM Power. Close Mid-Price: 250.4 Percentage Change: + 4.33% Day High: 251.6 Day Low: 237.5

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LSE:NG. National Glib. Close Mid-Price: 1151.5 Percentage Change: + 1.05% Day High: 1160 Day Low: 1143.5

Continued trades against NG. with a mid-price ABOVE 1160 should improve t ……..

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

#Brent #Dax

There’s only one thing more boring than cutting grass and it’s our largely self imposed requirement to write about each of the Big Three Banks, every three weeks. Alas, thanks to a combination of hot weather, pampas grass, and stupidity, the engine of the little tractor seized, the only thing left is to complain about Lloyds inactivity again!

Misjudging a turn on the lawn brought a collision with a mature pampas grass, while swiftly giving the lawn a cut one recent hot afternoon. To be honest, perhaps there was some cider involved, an essential on a hot day. Reversing from the deadly plant, it was easy to assume a few bits of greenery had hooked onto the tractor but suddenly, it pulled free. Unfortunately, what hadn’t been noticed was the rotating accessory shaft at the from of the machine had pulled in some pampas green shoots, the stuff which is the nemesis of most garden machinery, due to its indestructible nature.

In the plant world, pampas grass is unique. The green parts are almost bulletproof but the brown bits are highly flammable.

The green blades of pampas, unspotted, wound themselves around the accessory shaft, jamming everything up and putting a lot of strain on the engine. Around 50 yards from the scene of the collision, smoke and an awful smell warned something was wrong, so the big red “Stop Everything” button was hit. Everything stopped and an inspection suggests the ancient engine is unlikely to start ever again without some serious work. It was to take another day before discovering pampas grass was now tightly wound around the main engine drive pulley.

To be polite, it’s unlikely the three pampas grass around our lawn shall survive autumn. Over the years, they’ve won every battle with garden machinery but the little tractor appeared stronger, right until the point it wasn’t. Another side of the coin, digging out the self propelled lawnmower was an eye-opener. It took 4 passes with the machine to almost match one pass with the tractor. And then I got bored and stopped, suddenly remembering cutting the grass manually needed 1.4 miles of back and forth walking. I shall wait for the tractor engine being rebuilt.

 

As for Lloyds, there’s allegedly reason for optimism, the share price currently needing to trade above 47.3p to trigger price recovery to an initial 51p with secondary, if bettered, at 53.5p. The secondary is quite a big deal, affording the share the potential of closing a session above Blue on the chart and finding itself in a zone where a long term 76p shall be viewed as the driving influence.

As always with a retail bank, we’re always a little bit sceptical.

Lloyds share price currently needs dip below 42.4p to gently tap an alarm bell. This risks promoting reversal to an initial 40p and hopefully a rebound. If broken, our secondary calculates down at 35.5p.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
7:29:09PM	BRENT	97.55	96.48	95.985	94.69	98.37	98.45	99.95	102.44	96.93
9:09:59PM	GOLD	1802.75									‘cess
9:12:16PM	FTSE	7541.21									‘cess
9:17:23PM	STOX50	3808									‘cess
9:20:16PM	GERMANY	13886	13716	13676	13606	13790	13886	13904	13974	13848	‘cess
9:54:41PM	US500	4278									Success
9:57:23PM	DOW	33748									‘cess
9:59:28PM	NASDAQ	13558
10:07:07PM	JAPAN	28764									Success

 

12/08/2022 FTSE Closed at 7500 points. Change of 0.47%. Total value traded through LSE was: £ 4,240,976,226 a change of -17.45%

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

10/08/2022 FTSE Closed at 7507 points. Change of 0.25%. Total value traded through LSE was: £ 5,197,338,086 a change of -9.09%

9/08/2022 FTSE Closed at 7488 points. Change of 0.08%. Total value traded through LSE was: £ 5,716,882,880 a change of 22.59%

8/08/2022 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: £ 4,663,235,289 a change of 8.84%

5/08/2022 FTSE Closed at 7439 points. Change of -0.12%. Total value traded through LSE was: £ 4,284,416,444 a change of -24.22%

4/08/2022 FTSE Closed at 7448 points. Change of 0.04%. Total value traded through LSE was: £ 5,653,918,717 a change of 0.91%

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:DARK Darktrace Plc** **LSE:ECO ECO (Atlantic) O & G** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **

********

Updated charts published on : AFC Energy, Barclays, BP PLC, Darktrace Plc, ECO (Atlantic) O & G, Igas Energy, IG Group, Natwest, Omega Diags,

LSE:AFC AFC Energy Close Mid-Price: 31.08 Percentage Change: -0.19% Day High: 32.1 Day Low: 29.5

All AFC Energy needs are mid-price trades ABOVE 32.1 to improve accelerat ……..

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LSE:BARC Barclays. Close Mid-Price: 171.6 Percentage Change: + 1.55% Day High: 172.92 Day Low: 169.32

Further movement against Barclays ABOVE 172.92 should improve acceleratio ……..

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LSE:BP. BP PLC. Close Mid-Price: 430.55 Percentage Change: + 0.70% Day High: 435.9 Day Low: 427.75

Further movement against BP PLC ABOVE 435.9 should improve acceleration t ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 426.4 Percentage Change: + 6.60% Day High: 431.1 Day Low: 395.5

Target met. All Darktrace Plc needs are mid-price trades ABOVE 431.1 to i ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 31 Percentage Change: + 8.39% Day High: 31.75 Day Low: 28.25

Target met. Continued trades against ECO with a mid-price ABOVE 31.75 sho ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 74.2 Percentage Change: + 13.46% Day High: 77 Day Low: 66.2

Target met. In the event of Igas Energy enjoying further trades beyond 77 ……..

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LSE:IGG IG Group. Close Mid-Price: 842 Percentage Change: + 0.96% Day High: 844.5 Day Low: 830

Further movement against IG Group ABOVE 844.5 should improve acceleration ……..

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LSE:NWG Natwest. Close Mid-Price: 261.7 Percentage Change: + 1.99% Day High: 262.5 Day Low: 257

In the event of Natwest enjoying further trades beyond 262.5, the share s ……..

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LSE:ODX Omega Diags Close Mid-Price: 3.08 Percentage Change: -0.81% Day High: 3.08 Day Low: 2.95

Continued weakness against ODX taking the price below 2.95 calculates as ……..

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

#FTSE #Gold

We suspect the FTSE is performing in a similar fashion to the UK prime minister, essentially avoiding doing anything useful during the holiday season. For the FTSE, there’s the extremely obvious Blue line currently at 7646 points and despite several arguments favouring movement toward it, the index assiduously avoids taking the initiative.

 

This nonsense is creating a situation, where we suspect the FTSE shall spend the rest of the month dodging around between the 7,420 level and 100 points higher at 7,520. If we’re correct, this certainly creates a profitable potential scenario for those brave soles with patience, effectively enabling anyone to take their best shot from half way with a 50 point stop. Obviously, the half way mark is at 7,470 points and by amazing coincidence, the FTSE closed Thursday 11th at 7,469.83 points, pretty much bang on half way.

The immediate situation presents a picture where weakness now below 7,460 is supposed to present reversal to an initial 7,444 with secondary, if broken, at 7,420 points and hopefully a rebound. This, certainly, would be in accordance with our scenario, also presenting a situation where a Long position could be opened at 7,420 with a reasonably tight stop, perhaps around 15 points below. The choice is yours though.

Should there be a successful bounce from the 7,420 level, we’d hope it’d make its way toward an initial 7,450 points with secondary, if bettered, around 7,480 points. Then, suspect it shall settle back to the half way mark before next time, attempting a surge upward.

 

Perhaps it’s the holiday season, permitting such whimsical nonsense but it’s quite strange how recent price movements are tending adhere quite firmly to our calculations, almost confirming our often repeated suspicion of the FTSE being “parked” for August unless any world events start to drive contrary behaviour. This would be a bit of a pity, ‘cos we’re starting to enjoy the wonderful weather and feeling increasingly smug we haven’t scheduled “leave” until October.

Have a good weekend and remember the Factor 50.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:04:32PM	BRENT	98.75	96.26	96		98.04	99.75	99.995		98.6	Success
10:06:26PM	GOLD	1790.26	1783	1779		1792	1799	1803		1791
10:08:45PM	FTSE	7475	7454	7431		7496	7522	7533.5		7480
10:10:37PM	STOX50	3754.3	3738	3726		3752	3777	3785		3757
10:12:44PM	GERMANY	13680	13629	13587		13687	13800	13829		13720
10:38:04PM	US500	4216.02	4200	4186		4222	4239	4250		4208	‘cess
10:39:50PM	DOW	33383	33285	33173		33409	33662	33701		33475	Success
10:41:43PM	NASDAQ	13335	13215	13120		13355	13465	13563		13342	Success
10:43:24PM	JAPAN	28140	28040	27966		28153	28248	28408		28078

 

11/08/2022 FTSE Closed at 7465 points. Change of -0.56%. Total value traded through LSE was: £ 5,137,633,275 a change of -1.15%

10/08/2022 FTSE Closed at 7507 points. Change of 0.25%. Total value traded through LSE was: £ 5,197,338,086 a change of -9.09%

9/08/2022 FTSE Closed at 7488 points. Change of 0.08%. Total value traded through LSE was: £ 5,716,882,880 a change of 22.59%

8/08/2022 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: £ 4,663,235,289 a change of 8.84%

5/08/2022 FTSE Closed at 7439 points. Change of -0.12%. Total value traded through LSE was: £ 4,284,416,444 a change of -24.22%

4/08/2022 FTSE Closed at 7448 points. Change of 0.04%. Total value traded through LSE was: £ 5,653,918,717 a change of 0.91%

3/08/2022 FTSE Closed at 7445 points. Change of 0.49%. Total value traded through LSE was: £ 5,602,756,478 a change of -3.28%

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:AV. Aviva** **LSE:BP. BP PLC** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **

********

Updated charts published on : AFC Energy, Aviva, BP PLC, Caspian, Carnival, Experian, Glencore Xstra, Igas Energy, IG Group, ITM Power, Scottish Mortgage Investment Trust, Spirax,

LSE:AFC AFC Energy. Close Mid-Price: 31.14 Percentage Change: + 11.53% Day High: 31.98 Day Low: 27.98

Further movement against AFC Energy ABOVE 31.98 should improve accelerati ……..

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LSE:AV. Aviva Close Mid-Price: 463.3 Percentage Change: -0.34% Day High: 473.5 Day Low: 453.3

In the event of Aviva enjoying further trades beyond 473.5, the share sho ……..

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LSE:BP. BP PLC. Close Mid-Price: 427.55 Percentage Change: + 1.50% Day High: 428.45 Day Low: 417.55

Continued trades against BP. with a mid-price ABOVE 428.45 should improve ……..

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LSE:CASP Caspian Close Mid-Price: 3.05 Percentage Change: -4.69% Day High: 3.2 Day Low: 3.05

Weakness on Caspian below 3.05 will invariably lead to 2.2 with secondary ……..

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LSE:CCL Carnival. Close Mid-Price: 776.4 Percentage Change: + 1.07% Day High: 803.2 Day Low: 764.2

All Carnival needs are mid-price trades ABOVE 803.2 to improve accelerati ……..

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LSE:EXPN Experian Close Mid-Price: 2923 Percentage Change: -0.65% Day High: 2966 Day Low: 2899

Further movement against Experian ABOVE 2966 should improve acceleration ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 474.6 Percentage Change: + 0.99% Day High: 479.9 Day Low: 469.7

In the event of Glencore Xstra enjoying further trades beyond 479.9, the ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 65.4 Percentage Change: + 12.37% Day High: 67.8 Day Low: 56.6

Target met. Further movement against Igas Energy ABOVE 67.8 should improv ……..

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LSE:IGG IG Group Close Mid-Price: 834 Percentage Change: -0.30% Day High: 842 Day Low: 829

All IG Group needs are mid-price trades ABOVE 842 to improve acceleration ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 113 Percentage Change: + 8.65% Day High: 114.6 Day Low: 107

Target met. All International Personal Finance needs are mid-price trades ……..

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LSE:ITM ITM Power. Close Mid-Price: 248.4 Percentage Change: + 12.40% Day High: 250.3 Day Low: 220.9

Continued trades against ITM with a mid-price ABOVE 250.3 should improve ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 926.6 Percentage Change: + 1.91% Day High: 937.8 Day Low: 910.2

Further movement against Scottish Mortgage Investment Trust ABOVE 937.8 s ……..

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LSE:SPX Spirax Close Mid-Price: 11655 Percentage Change: -2.88% Day High: 12440 Day Low: 11280

Continued trades against SPX with a mid-price ABOVE 12440 should improve ……..

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