Trends And Targets

#FTSE #STOXX50

Using an Android App called Feem to routinely transfer files wirelessly between a PC and a tablet, it was easy to accept the naming convention it invents for temporary devices on the network. A tablet may be briefly known as ‘Angry Bunny’, a computer assigned ‘Shiny Grasshopper’. When we came across Brave Bison, it was easy to make as assumption someone in their marketing department had been “inspired” by the Feem App, the name “Brave Bison” making little immediate sense.

Trawling through their website, the origins of the name appear absent but, obvious, is the important detail this Media, Marketing, and Tech company appear to be the real deal. Their client list looks enviable, their listing of international offices impressive, and a history of growth through M&A looks useful. A wry smile was permitted when visiting their Wikipedia page, a warning of “too many buzzwords in use” but given the company are a marketing entity, it wasn’t a surprise.

 

The company share price has proven pretty stagnant for the last few years but now, is starting to give early signs “something” may be happening. We’ve shown an inset on the chart below, the share price breaking though a long term downtrend by the market opting to ‘gap’ the price up. For 5 sessions, exquisite care was taken to ensure the share price didn’t fall below the point of trend break at 1.85p. Logic tends suggest the market has plans for the future and with the share currently trading around 2.1p, Brave Bison doesn’t need stretch its legs too hard to get the price moving.

Above 2.35p looks capable of triggering some growth to an initial 3.2p. Should this level be exceeded, our secondary works out at 3.75p, this being a level where the visual implication is of some hesitation. Only with growth above 3.75p should things become especially useful for the longer term as a stampede to 6p becomes very possible, a level which shall almost certainly represent the start of a new long term chapter in share price recovery.

For everything to go horribly wrong, the share price needs below 1.6p, risking once again joining its American Bison cousins in becoming almost extinct.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:01:13PM	BRENT	97.54									Success
10:09:00PM	GOLD	1726.23
10:11:03PM	FTSE	7192.73	7137	7103	7062	7181	7225	7238	7253	7188	Shambles
10:12:43PM	STOX50	3470	3424	3409	3380	3454	3495	3520	3552	3461	Success
10:14:37PM	GERMANY	12822									Success
10:16:47PM	US500	3820.57									Success
10:22:39PM	DOW	31002									Success
10:24:41PM	NASDAQ	11753									‘cess
10:27:18PM	JAPAN	26425									‘cess

 

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

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:AGM Applied Graphene** **LSE:AZN Astrazeneca** **LSE:IAG British Airways** **LSE:JET Just Eat** **LSE:SNN Sanne Plc** **LSE:TRN The Trainline** **

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Updated charts published on : Applied Graphene, Astrazeneca, British Airways, Just Eat, Sanne Plc, The Trainline,

LSE:AGM Applied Graphene. Close Mid-Price: 14 Percentage Change: + 0.00% Day High: 14.5 Day Low: 13.32

If Applied Graphene experiences continued weakness below 13.32, it will i ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 11164 Percentage Change: + 0.09% Day High: 11238 Day Low: 11112

In the event of Astrazeneca enjoying further trades beyond 11238, the sha ……..

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LSE:IAG British Airways. Close Mid-Price: 110.42 Percentage Change: + 6.50% Day High: 109.42 Day Low: 102.14

Weakness on British Airways below 102 will invariably lead to 98 with sec ……..

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LSE:JET Just Eat Close Mid-Price: 1280 Percentage Change: -2.45% Day High: 1302.4 Day Low: 1264.4

In the event Just Eat experiences weakness below 1264.4 it calculates wit ……..

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LSE:SNN Sanne Plc. Close Mid-Price: 905 Percentage Change: + 0.00% Day High: 907 Day Low: 905

If Sanne Plc experiences continued weakness below 893, it will invariably ……..

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LSE:TRN The Trainline Close Mid-Price: 355 Percentage Change: -2.04% Day High: 367.7 Day Low: 353.9

All The Trainline needs are mid-price trades ABOVE 367.7 to improve accel ……..

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

#Gold #SP500

By just about every standard, the recent attempted takeover of the ridiculously biased platform “#Twitter” by Elon Musk was doomed to end in tears. The platform, unable (or unwilling) to supply accurate figures relating to the true number of automated accounts (Bot Accounts) which were designed to project bias, revealed it was cancelling around 1 million computer generated accounts per day. The big question is why they even allowed such nonsense to proliferate, given the accounts were overtly designed to sway public opinion against Trump, against Russia, against Johnny Depp, against Scotland and the list goes on. Twitter was never a Social Media platform, instead turning itself into a propaganda machine, providing fake justification for fake headline news.

We abhor ‘Social Media’ for fairly basic reason. Any idiot who thinks “x” will be a good idea can post an opinion online, receiving validation for any ill thought concept within seconds. Suddenly, a genius is convinced he’s in the right, whereas in olden times, a letter to a local newspaper from Mr Angry in Putnam gave plenty of time for reality to cool things down. Unfortunately, the internet is awash with instructions on how to create “Twitter Bots”, ensuring any aspiring Mr Angry can create an army of fake followers, supporting his views.

Okay, it’s a little more complex but you get the idea. Elon Musk discovered Twitter cannot be trusted, pulling out of the original deal; “considering whether the company’s declining business prospects and financial outlook constitute a Company Material Adverse Effect”

Twitter now appears to have a share price in the process of enjoying a little melt-down. The company appear to be exercising a strategy of taking Mr Musk to court to force his to complete the purchase or pay them $1 Billion for pulling out. The flaw in their argument is pretty obvious. To succeed in court, Twitter will need reveal how many of their ‘subscribers’ are actually fake accounts, thus giving Elon Musk the information he required from the outset.

 

The prospects for Twitter’s share price look fairly painful as weakness now below $32 looks capable of triggering further reversals to an initial $22. If broken, our secondary calculates down at $19.5 and hopefully a bounce.

As the chart shows, the share price needs something approaching a miracle to indicate it’s about to return to sanity. Visually, there appears some hope closure above $40 should prove capable of suggesting Mr Musk is starting to take Twitter seriously again but realistically, our inclination is to treat Twitter’s price carefully unless it somehow exceeds the immediate downtrend, presently around the $47 level.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:30:11PM	BRENT	104.78
10:32:30PM	GOLD	1734.26	1731	1722	1713	1741	1749	1752	1759	1740
10:34:42PM	FTSE	7189
10:37:44PM	STOX50	3475									‘cess
10:39:55PM	GERMANY	12842
10:42:59PM	US500	3859	3845	3835	3808	3867	3882	3895	3911	3859
10:45:07PM	DOW	31204									‘cess
10:47:24PM	NASDAQ	11872									‘cess
10:50:12PM	JAPAN	26609

 

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%

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:AGM Applied Graphene** **LSE:AZN Astrazeneca** **LSE:BBY BALFOUR BEATTY** **LSE:EME Empyrean** **LSE:GKP Gulf Keystone** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:QFI Quadrise** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Applied Graphene, Astrazeneca, BALFOUR BEATTY, Empyrean, Gulf Keystone, Just Eat, Parkmead, Quadrise, The Trainline, Taylor Wimpey,

LSE:AGM Applied Graphene Close Mid-Price: 14 Percentage Change: -9.68% Day High: 15.88 Day Low: 13.5

Target met. Continued weakness against AGM taking the price below 13.5 ca ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 11154 Percentage Change: + 1.00% Day High: 11190 Day Low: 10944

Continued trades against AZN with a mid-price ABOVE 11190 should improve ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 263.8 Percentage Change: -0.68% Day High: 272 Day Low: 262.6

All BALFOUR BEATTY needs are mid-price trades ABOVE 272 to improve accele ……..

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LSE:EME Empyrean. Close Mid-Price: 1.43 Percentage Change: + 31.34% Day High: 1.5 Day Low: 1.3

Something is happening. Should this now trade above just 1.55p, it feels v ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 243.5 Percentage Change: -1.22% Day High: 252.5 Day Low: 233

Continued trades against GKP with a mid-price ABOVE 252.5 should improve ……..

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LSE:JET Just Eat Close Mid-Price: 1312.2 Percentage Change: -1.83% Day High: 1373.2 Day Low: 1302

If Just Eat experiences continued weakness below 1302, it will invariably ……..

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LSE:PMG Parkmead. Close Mid-Price: 54.2 Percentage Change: + 4.23% Day High: 55 Day Low: 52.2

Target met. In the event of Parkmead enjoying further trades beyond 55, t ……..

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LSE:QFI Quadrise Close Mid-Price: 1.4 Percentage Change: -2.45% Day High: 1.5 Day Low: 1.34

Target met. In the event Quadrise experiences weakness below 1.34 it calc ……..

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LSE:TRN The Trainline. Close Mid-Price: 362.4 Percentage Change: + 2.87% Day High: 366.5 Day Low: 335.6

Further movement against The Trainline ABOVE 366.5 should improve acceler ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 113.6 Percentage Change: + 0.58% Day High: 114.4 Day Low: 110.3

Target met. Weakness on Taylor Wimpey below 110.3 will invariably lead to ……..

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

#Brent #Dax

Several generations of folk must look at the retail banking sector on a Monday morning, say to themselves “I don’t like Mondays” and briefly pay mental homage to a distant tune from an Irish pop group. And then, they all move on, an irritating lyric in their head and a bad taste on the tongue as once again, the retail banking sector launches itself into another lacklustre week…

With Natwest share price, there have been fits and starts but unfortunately, the share appears determined to pretend its pre-Pandemic high of 230p represents a barrier as solid as that which separates most UK politicians from the truth. At least the Prime Minister opted to bow to the outrage caused by preferred venue for his next party and cancelled. But equally, we note the media are remaining quiet as to where the replacement shindig shall take place, making us suspect it’s probably going to be just outside Moscow, a luxury country dacha provided by whoever’s sponsoring the wedding.

 

Our cynical nature aside, there’s very little of encouragement going on with Natwest share price. In theory, now above 230p (Blue) should trigger price recovery to an initial 248p. If exceeded, our secondary calculates at a game changing 271p, thanks to the price painting a new “higher high”. We flippantly describe 271p as “game changing”, due to the retail bank consistently failing to give any reason for optimism but, to be fair, achieving such a price level is liable to be quite important, finally injecting genuine hope into the picture as the share price would attack levels not seen since 2019 and respectable days, when the UK wasn’t led by Mr Johnstone. Unfortunately, none of his predecessors to the top job in UK politics managed to accomplish anything particularly spectacular, making us wonder why an effort hasn’t been made to build a genetic clone of Mrs Thatcher, ideally one which comes with an “Off” switch! (As ‘Have I Got News For You’ is currently off our TV screens, we’ve little choice but to be whimsical)

 

If Natwest intends misbehave, the share price currently needs delve below Red (presently 206p) as this risks triggering reversal to an initial 196p with secondary, if broken, at 173p and hopefully a bounce.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
3:36:37PM	BRENT	105.83	102.58	101.25	99.55	104.28	106.42	106.84	109.97	103.6
4:13:10PM	GOLD	1742.88
4:19:09PM	FTSE	7188.58
4:20:33PM	STOX50	3497
6:05:21PM	GERMANY	12985	12763	12747	12672	12917	13022	13123	13369	12846
6:19:32PM	US500	3899.22
6:21:06PM	DOW	31336.7
6:22:57PM	NASDAQ	12125
6:24:32PM	JAPAN	26805

 

 

 

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%

30/06/2022 FTSE Closed at 7169 points. Change of -1.96%. Total value traded through LSE was: £ 6,053,180,020 a change of 8.35%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:CBX Cellular Goods** **LSE:GKP Gulf Keystone** **LSE:OCDO Ocado Plc** **LSE:PMG Parkmead** **LSE:POG Petrop etc** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Applied Graphene, Asos, BALFOUR BEATTY, Cellular Goods, Gulf Keystone, Ocado Plc, Parkmead, Petrop etc, Taylor Wimpey,

LSE:AGM Applied Graphene Close Mid-Price: 15.5 Percentage Change: -18.42% Day High: 19 Day Low: 15.5

Weakness on Applied Graphene below 15.5. will invariably lead to 14. with ……..

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LSE:ASC Asos. Close Mid-Price: 1005 Percentage Change: + 2.29% Day High: 1013 Day Low: 964.5

Target Met. Above 1013 still looks capable of a lift to 1064 with secondar ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 265.6 Percentage Change: + 2.23% Day High: 267 Day Low: 259.8

Further movement against BALFOUR BEATTY ABOVE 267 should improve accelerat ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.05 Percentage Change: -4.55% Day High: 1.05 Day Low: 1.05

If Cellular Goods experiences continued weakness below 1.05, it will inva ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 246.5 Percentage Change: + 1.23% Day High: 248.5 Day Low: 241.5

In the event of Gulf Keystone enjoying further trades beyond 248.5, the s ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 867 Percentage Change: + 1.83% Day High: 868.8 Day Low: 824.8

Continued trades against OCDO with a mid-price ABOVE 868.8 should improve ……..

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LSE:PMG Parkmead. Close Mid-Price: 52 Percentage Change: + 7.33% Day High: 53 Day Low: 49

Further movement against Parkmead ABOVE 53 should improve acceleration to ……..

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LSE:POG Petrop etc. Close Mid-Price: 1.38 Percentage Change: + 31.90% Day High: 1.35 Day Low: 1.2

There’s a fair chance something is happening here as movement next above 1 ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 112.95 Percentage Change: -1.65% Day High: 114.4 Day Low: 112

Target met. In the event Taylor Wimpey experiences weakness below 112 it ……..

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

#FTSE #STOXX50 

With news the incompetent UK Prime Minister was finally doing the right thing, we’d expected the FTSE to show some flamboyant behaviour but it proved not the case. It’s hard to believe the bloke is hanging onto the job for a few more months, so he can get free use of Chequers, the official PM residence, for his next wedding & the unusual experience of hosting a party without being fined.

This tends encapsulate the impression given by the PM throughout the pandemic, essentially not caring about anything other than personal vanity.

When the PM made his announcement, the FTSE did manage to rise immediately by a fairly trivial 25 points, deciding to stabilise around the 7200 point level for the rest of the session. We certainly could not describe it as a wild celebration by the markets due to Boris’s less than graceful exit. If we’re honest, we still suspect the FTSE is awaiting an excuse for a bit of a bloodletting, thanks to its behaviour since the start of June. Initially, July started with the first couple of trading days showing astoundingly low volumes, making us fear the worst. However, volumes appear to have returned to “normal” levels and the FTSE now requires exceed just 7220 points to kick its way through the immediate Blue downtrend. Thankfully, there are some immediate potentials which suggest slight optimism may be permissible.

 

Currently, above 7220 should prove capable of triggering movement to an initial 7255 points, a modest 35 point rise. If exceeded, our secondary calculates at 7333 points, visually matching the highs of last month doubtless provoking some hesitation for this reason. It’s important we mention our suspicion of a coming near term bloodbath recedes quite dramatically in this scenario, the FTSE proving able to break free of the suspiciously concise Blue downtrend..

 

For things to start going wrong for the FTSE, the index needs flop below 7135 points to risk triggering reversal to an initial 7093 points. In the event this level breaks, things risk becoming quite twitchy as our secondary works out at 6999 points, below the Red uptrend since 2020. This represents a market level which could swiftly lose another 200 points without much effort, should the markets discover news which is perceived as bad.

 

Have a good weekend, the weather looks great and hopefully the Austrian GP proves as entertaining as last weekends efforts from Silverstone.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:59:58PM	BRENT	103.16	97.65	95.86		100.22	105.28	106.71		102.5	Success
10:01:51PM	GOLD	1740.41	1736	1732		1745	1750	1756		1739
10:04:49PM	FTSE	7194.01	7126	7112		7168	7214	7234		7169	‘cess
10:09:55PM	STOX50	3491	3450	3445		3490	3498	3509		3470
10:13:17PM	GERMANY	12853	12701	12689		12767	12877	12923		12798	‘cess
10:32:30PM	US500	3895	3829	3812		3865	3911	3928		3881	‘cess
10:39:31PM	DOW	31351	31034	30885		31190	31431	31593		31305	‘cess
10:44:17PM	NASDAQ	12092	11859	11757		11945	12138	12252		11996
10:53:44PM	JAPAN	26630	26376	26295		26585	26692	26844		26457	Success

 

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%

30/06/2022 FTSE Closed at 7169 points. Change of -1.96%. Total value traded through LSE was: £ 6,053,180,020 a change of 8.35%

29/06/2022 FTSE Closed at 7312 points. Change of -0.15%. Total value traded through LSE was: £ 5,586,821,429 a change of -8.41%

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:BBY BALFOUR BEATTY** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:PMG Parkmead** **LSE:PPC President Energy** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Astrazeneca, BALFOUR BEATTY, Gulf Keystone, Glencore Xstra, HSBC, Marks and Spencer, Ocado Plc, Parkmead, President Energy, Scancell, Speedyhire, Spirax, Tern Plc, Taylor Wimpey,

LSE:ASC Asos. Close Mid-Price: 982.5 Percentage Change: + 8.09% Day High: 981.5 Day Low: 896.5

Above 983 still looks capable of a lift to 992 with secondary, if bettered ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 11004 Percentage Change: + 0.24% Day High: 11170 Day Low: 10990

Further movement against Astrazeneca ABOVE 11170 should improve accelerati ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 259.8 Percentage Change: + 2.53% Day High: 260.6 Day Low: 254.4

Further movement against BALFOUR BEATTY ABOVE 261 should improve accelerat ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 243.5 Percentage Change: + 6.10% Day High: 246 Day Low: 230

Apparently above 246 now points at 256 next with secondary, if beaten, at ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 433.25 Percentage Change: + 6.07% Day High: 443.05 Day Low: 416.45

Now above 444 suggests coming recovery to 475 next with secondary, if exce ……..

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LSE:HSBA HSBC. Close Mid-Price: 535.6 Percentage Change: + 3.26% Day High: 538.1 Day Low: 525.4

All HSBC needs are mid-price trades ABOVE 556 to signal ongoing traffic t ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 138.7 Percentage Change: + 2.74% Day High: 139.15 Day Low: 135.2

In the event Marks and Spencer experiences weakness below 129 it calculate ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 851.4 Percentage Change: + 3.40% Day High: 851.6 Day Low: 812.8

Now above 853 calculates with the potential of 922 next with secondary, if ……..

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LSE:PMG Parkmead. Close Mid-Price: 48.45 Percentage Change: + 10.24% Day High: 49.9 Day Low: 45.7

The share price now needs exceed 50 to fuel breathless enthusiasm, apparen ……..

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LSE:PPC President Energy Close Mid-Price: 1.35 Percentage Change: -1.82% Day High: 1.38 Day Low: 1.35

Target met. Or near enough. Continued weakness against PPC taking the pric ……..

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LSE:SCLP Scancell Close Mid-Price: 12.25 Percentage Change: -4.85% Day High: 12.88 Day Low: 12.12

Now below 12 suggests imminent weakness to an initial 9.5p. If broken, our ……..

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LSE:SDY Speedyhire. Close Mid-Price: 43.05 Percentage Change: + 2.01% Day High: 43.1 Day Low: 41.7

Target Met or sufficiently close. If Speedyhire experiences continued weak ……..

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LSE:SPX Spirax. Close Mid-Price: 10710 Percentage Change: + 0.89% Day High: 10795 Day Low: 10595

All Spirax needs are mid-price trades ABOVE 10795 to continue acceleration ……..

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LSE:TERN Tern Plc Close Mid-Price: 9.85 Percentage Change: -6.19% Day High: 10.5 Day Low: 9.75

Ongoing weakness below 9.7 continues to point at reversal to an initial 8. ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 114.85 Percentage Change: -0.52% Day High: 116.25 Day Low: 113.35

Continued weakness against TW. taking the price below 113.2 calculates as ……..

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

#Gold #Nasdaq

Our weekly trawl through European shares was made easy, when an respected analyst decided to start the week with a 12.5 Euro target for E.On. We’ve hesitated a few times recently, when considering running an analysis as the visuals were not great. Now, we’re wondering if someone at JPMC has rose tinted glasses! If so, there’s probably a job waiting for them at 10 Downing St.

Energy giant E.On, trading in 13 countries across Europe and over 30 worldwide, appear to be trying hardest in the renewable sector. Unfortunately, a glance through Google News reveals customer service remains a particular sector the company fail to excel in, quite the opposite it seems as they were recently ranked in the bottom four suppliers due to their treatment of consumers.

Their share price, doubtless due to the Russia things, now appears to be setting itself up for some dramatics, taking aim at a direction quite the opposite of that mooted by the respected analyst.

 

Presently trading around the 8€ level, weakness now below 7.7 looks very capable of promoting reversal down to an initial 7.3€, along with slight hope of a short lived bounce. However, should 7.3 break, our secondary calculates at 6.6, matching the lows from 5 years ago, and doubtless causing a proper rebound, if only due to the number of folk glancing at a chart.

We do have a cautionary note, should 6.6€ break as we can work out an “ultimate bottom” level down at 5.5€, a level at which the price almost must recoil.

We’re lacking in confidence any rebound shall enjoy sufficient force to reach JPMC’s target of 12.5€

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:41:10PM	BRENT	98.76
10:44:18PM	GOLD	1739.52	1731	1726	1700	1772	1771	1785	1803	1759	Success
10:47:06PM	FTSE	7158.75									Success
10:48:41PM	STOX50	3027.9
10:51:11PM	GERMANY	12686									‘cess
10:54:20PM	US500	3851									‘cess
10:55:59PM	DOW	31079
10:58:41PM	NASDAQ	11885.85	11695	11611	11500	11797	11945	12003	12111	11765	‘cess
11:01:00PM	JAPAN	26265

 

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%

30/06/2022 FTSE Closed at 7169 points. Change of -1.96%. Total value traded through LSE was: £ 6,053,180,020 a change of 8.35%

29/06/2022 FTSE Closed at 7312 points. Change of -0.15%. Total value traded through LSE was: £ 5,586,821,429 a change of -8.41%

28/06/2022 FTSE Closed at 7323 points. Change of 0.9%. Total value traded through LSE was: £ 6,100,040,096 a change of -3.89%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:GENL Genel** **LSE:LLOY Lloyds Grp.** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **

********

Updated charts published on : Asos, Astrazeneca, BALFOUR BEATTY, BP PLC, British Telecom, Genel, Lloyds Grp., OPG Power Ventures, Parkmead, Speedyhire, Spirax, Tern Plc, Tullow, The Trainline,

LSE:ASC Asos. Close Mid-Price: 909 Percentage Change: + 1.39% Day High: 928.5 Day Low: 896.5

Above 930 looks capable of a lift to 992 with secondary, if bettered, at 1 ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10978 Percentage Change: + 1.65% Day High: 11092 Day Low: 10880

Further movement against Astrazeneca ABOVE 11092 should improve accelerati ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 253.4 Percentage Change: + 0.64% Day High: 257 Day Low: 251.8

Further movement against BALFOUR BEATTY ABOVE 258 should improve accelerat ……..

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LSE:BP. BP PLC Close Mid-Price: 368.65 Percentage Change: -1.25% Day High: 387.7 Day Low: 365.3

This has gotten nasty as below 365 now suggests drilling down to an initia ……..

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LSE:BT.A British Telecom. Close Mid-Price: 189.2 Percentage Change: + 0.03% Day High: 196.3 Day Low: 189.85

All British Telecom needs are mid-price trades ABOVE 197 to improve accele ……..

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LSE:GENL Genel Close Mid-Price: 122 Percentage Change: -4.84% Day High: 131 Day Low: 122.4

A fairly major update appears justified. If Genel experiences continued we ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 41.3 Percentage Change: -0.15% Day High: 42.27 Day Low: 41.09

With some slight changes, it now looks like weakness below 41 shall attemp ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 5.8 Percentage Change: -1.36% Day High: 6.05 Day Low: 5.76

If OPG Power Ventures experiences continued weakness below 5.76, it will i ……..

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LSE:PMG Parkmead. Close Mid-Price: 43.95 Percentage Change: + 2.93% Day High: 54 Day Low: 43.5

The opening second produced a true “wait, what!” moment but now, below 43. ……..

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LSE:SDY Speedyhire. Close Mid-Price: 42.2 Percentage Change: + 1.08% Day High: 42.65 Day Low: 42.05

If Speedyhire experiences continued weakness below 42., it will invariabl ……..

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LSE:SPX Spirax. Close Mid-Price: 10615 Percentage Change: + 2.86% Day High: 10705 Day Low: 10375

All Spirax needs are mid-price trades ABOVE 10705 to continue acceleration ……..

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LSE:TERN Tern Plc Close Mid-Price: 10.5 Percentage Change: -2.33% Day High: 11 Day Low: 9.9

Ongoing weakness below 9.9 continues to point at reversal to an initial 8. ……..

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View Previous Tern Plc & Big Picture ***

LSE:TLW Tullow Close Mid-Price: 39.66 Percentage Change: -6.20% Day High: 43.2 Day Low: 39.62

Weakness on Tullow below 39 will invariably lead to 37 with secondary, if ……..

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LSE:TRN The Trainline. Close Mid-Price: 340 Percentage Change: + 20.61% Day High: 361.8 Day Low: 305.8

Wonder if this is doing well, due to the number of folk leaving Downing St ……..

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

#FTSE #DOW

A bunch of emails asking us to take a look at Equals Group automatically brought “First Among Equals” to mind, a book by ex-politician Jeffrey Archer. It was recently reported the No 10 Ethics Advisor had resigned. Why did no-one ask why an Ethics Advisor was needed in Downing St? In terms of entertainment, events tonight from Downing St easily provided more drama in a matter of minutes than Mr Archers overly respectful testimony to political misbehaviour.

 

For some reason, a few folk appear to believe something is happening with Equals Group, a company who develop payment platforms which allow clients to move and manage their money flow. In honesty, the website blurb is all very familiar, all the usual promises made, all the correct buzzwords emplaced. And then, you discover a few further details such as their 5 year agreement with Mastercard, their partnership with Citi Commercial Bank, even part of Bank of Englands Faster Payments Scheme.

Armed with this information and more, it becomes fairly clear Equals Group are rather more than a “look at us” contender in the payment platform field and instead, the AIM listed company deserve being taken quite seriously.

 

Their share price, trading around 87p at time of writing, enjoyed a +10% day on Tuesday, the price gapped from 80 to 83p at the market open and experiencing a high of 89p during the session. We can now calculate it needs exceed 92p to hopefully trigger further travel to an initial 92p, along with the chance of some slight hesitation. Things become a little less clear with closure above 102p, thanks to our secondary working out at 121p. Our reticence about this target level comes, due to an ability to calculate a longer term third target level at a future 147p, visually matching the all time highs experienced back in 2018.

It’s easy to believe positive news flow will be required to provoke such an impressive series of movements.

 

If everything intends go Boris Shaped, the share price needs below 67p as this risks serious trauma, an initial target of 57p probably being a footnote in history in a downhill charge to a painful 28p bottom eventually.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:36:07PM	BRENT	102.18									Success
9:38:21PM	GOLD	1766.42									Success
9:44:53PM	FTSE	7092.8	7009	6964	6831	7097	7109	7141	7185	7054
9:49:43PM	FRANCE	5875									Success
9:58:00PM	GERMANY	12559									Success
10:01:20PM	US500	3831.49									Success
10:07:08PM	DOW	30959	30337	30107	29736	30575	31051	31277	31589	30858	Success
10:09:41PM	NASDAQ	11782.22									Success
10:12:37PM	JAPAN	26229									Shambles

 

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%

30/06/2022 FTSE Closed at 7169 points. Change of -1.96%. Total value traded through LSE was: £ 6,053,180,020 a change of 8.35%

29/06/2022 FTSE Closed at 7312 points. Change of -0.15%. Total value traded through LSE was: £ 5,586,821,429 a change of -8.41%

28/06/2022 FTSE Closed at 7323 points. Change of 0.9%. Total value traded through LSE was: £ 6,100,040,096 a change of -3.89%

27/06/2022 FTSE Closed at 7258 points. Change of 0.69%. Total value traded through LSE was: £ 6,347,029,355 a change of 0.8%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:DARK Darktrace Plc** **LSE:EZJ EasyJet** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:PPC President Energy** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : AFC Energy, Aston Martin, Aviva, Barrett Devs, Carclo, Darktrace Plc, EasyJet, Genel, Glencore Xstra, Hargreaves Lansdown, British Airways, Intertek, ITV, Just Eat, Lloyds Grp., President Energy, Tullow, Taylor Wimpey,

LSE:AFC AFC Energy Close Mid-Price: 18.43 Percentage Change: -3.00% Day High: 20 Day Low: 17.84

Continued weakness against AFC taking the price below 17.84 calculates as ……..

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LSE:AML Aston Martin Close Mid-Price: 394.5 Percentage Change: -1.67% Day High: 426.1 Day Low: 382.5

In the event Aston Martin experiences weakness below 382.5 it calculates ……..

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LSE:AV. Aviva Close Mid-Price: 382.3 Percentage Change: -5.53% Day High: 405.3 Day Low: 383.1

If Aviva experiences continued weakness below 383.1, it will invariably l ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 448.5 Percentage Change: -2.50% Day High: 466.8 Day Low: 441.7

Continued weakness against BDEV taking the price below 441.7 calculates a ……..

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LSE:CAR Carclo Close Mid-Price: 20.25 Percentage Change: -3.57% Day High: 20.5 Day Low: 19

In the event Carclo experiences weakness below 19 it calculates with a dr ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 292.1 Percentage Change: + 1.56% Day High: 298.1 Day Low: 281.3

Continued weakness against DARK taking the price below 281.3 calculates a ……..

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LSE:EZJ EasyJet Close Mid-Price: 345.5 Percentage Change: -4.11% Day High: 365.1 Day Low: 338.3

Continued weakness against EZJ taking the price below 338.3 calculates as ……..

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LSE:GENL Genel Close Mid-Price: 128.2 Percentage Change: -7.10% Day High: 138.2 Day Low: 128.6

If Genel experiences continued weakness below 128.6, it will invariably l ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 400 Percentage Change: -7.99% Day High: 437.5 Day Low: 398.95

Weakness on Glencore Xstra below 398.95 will invariably lead to 377 with ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 763.2 Percentage Change: -1.27% Day High: 781.8 Day Low: 759

Continued weakness against HL. taking the price below 759 calculates as l ……..

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LSE:IAG British Airways Close Mid-Price: 102.9 Percentage Change: -4.37% Day High: 109.08 Day Low: 102.88

Weakness on British Airways below 102.88 will invariably lead to 98 with ……..

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LSE:ITRK Intertek Close Mid-Price: 4210 Percentage Change: -0.43% Day High: 4264 Day Low: 4137

Weakness on Intertek below 4137 will invariably lead to 4081 with seconda ……..

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LSE:ITV ITV Close Mid-Price: 63.16 Percentage Change: -3.43% Day High: 65.78 Day Low: 62.06

Target met. Weakness on ITV below 62.06 will invariably lead to 60 with s ……..

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LSE:JET Just Eat Close Mid-Price: 1187.8 Percentage Change: -2.50% Day High: 1262.6 Day Low: 1139.2

Continued weakness against JET taking the price below 1139.2 calculates a ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 41.35 Percentage Change: -3.07% Day High: 43.27 Day Low: 41.34

If Lloyds Grp. experiences continued weakness below 41.34, it will invari ……..

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LSE:PPC President Energy Close Mid-Price: 1.4 Percentage Change: -5.08% Day High: 1.5 Day Low: 1.4

Continued weakness against PPC taking the price below 1.4 calculates as l ……..

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LSE:TLW Tullow Close Mid-Price: 42.28 Percentage Change: -6.91% Day High: 45.82 Day Low: 42.4

Weakness on Tullow below 42.4 will invariably lead to 37 with secondary, ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 113.8 Percentage Change: -3.93% Day High: 119.4 Day Low: 113.2

Continued weakness against TW. taking the price below 113.2 calculates as ……..

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

#Gold #SP500

Market volumes appear to have gone through the floor for the start of July. Quite literally, the financial value of trades through LSE appear to have dropped 25% in the first couple of days trading this month, far from encouraging, the dip also substantially below fiscal levels for the same period in 2020 and 2021. Goodness knows how the holiday month, August, shall perform. Needless to say, we shall be keeping a weather eye on this, due to low volumes never being associated with a vibrant happy marketplace.

We’ve been asked to include the Euro STOXX 50 in our daily deliberations, but before we start, we opted to take a bigger picture glance at the index. One fair criticism of the Dax and the CAC is the proliferation of trading gaps, making it difficult and dangerous to place ‘fire and forget’ orders on some platforms. Few things are more annoying than a carefully thought out trading scenario being skipped over, due to a market gap appearing for usually unknown reasons. The STOXX 50 certainly appears less infected by trading gaps, this being a primary reason why some traders are apparently switching from Germany and France.

 

One thing which immediately managed a “sore thumb” impersonation was a series of market movements on the chart, just as June drizzled to a close. We’re always a little interested, when something breaks below an established uptrend as it’s often a pretty sane early warning signal of coming trauma. The converse can often prove equally true and the Stoxx50 managed it in glorious technocolour. On the 27th and 28th of June, the index poked above the uptrend, yet failed to actually close above Red.

The two chart insets below show what happened, quite clearly advising anyone paying attention this Red uptrend in important and the market is aware of it. The care with which the market ensured the index was not permitted to close a session in safety is extremely interesting, almost promising future closure above Red shall be a pretty safe indicator of coming gains. However, if we toss our suspicions to the side, the immediate prospects are not encouraging.

Now below 3430 points risks triggering some painful reversals, threatening a cycle down to an initial 3030 points. Should such a level break, our ‘longer term’ secondary works out at 2621 points and hopefully a solid bottom. Unfortunately, visually each target level makes quite a lot of sense.

 

Our alternate is a little easier on the eye, the index needing above 3490 to hopefully trigger a cycle of surprise gains to an initial 3662 points with secondary, if exceeded, calculating at a game changing (for the longer term) 3790 points. We suspect the Stoxx50 shall prove interesting as currently, the index doesn’t ‘feel’ like it wants to go down. Unfortunately, the market has also placed itself in a position, where world events can force swift reversals while the index loiters below Red on the chart.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:42:11PM	BRENT	113.11									‘cess
9:43:50PM	GOLD	1808.62	1803	1800	1796	1811	1815	1820	1832	1803
9:45:32PM	FTSE	7226
9:47:14PM	FRANCE	5951
9:49:19PM	GERMANY	12780
9:50:54PM	US500	3810	3788	3781	3768	3806	3822	3854	3893	3788
9:52:51PM	DOW	30984
9:54:29PM	NASDAQ	11527
9:57:16PM	JAPAN	26255

 

4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%

1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%

30/06/2022 FTSE Closed at 7169 points. Change of -1.96%. Total value traded through LSE was: £ 6,053,180,020 a change of 8.35%

29/06/2022 FTSE Closed at 7312 points. Change of -0.15%. Total value traded through LSE was: £ 5,586,821,429 a change of -8.41%

28/06/2022 FTSE Closed at 7323 points. Change of 0.9%. Total value traded through LSE was: £ 6,100,040,096 a change of -3.89%

27/06/2022 FTSE Closed at 7258 points. Change of 0.69%. Total value traded through LSE was: £ 6,347,029,355 a change of 0.8%

24/06/2022 FTSE Closed at 7208 points. Change of 2.68%. Total value traded through LSE was: £ 6,296,850,381 a change of 10.86%

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:EMG MAN** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

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Updated charts published on : AFC Energy, Aviva, MAN, Oxford Instruments, Parkmead, Speedyhire, Spirax, Vodafone,

LSE:AFC AFC Energy Close Mid-Price: 19 Percentage Change: -4.47% Day High: 20.5 Day Low: 18.74

Target met. In the event AFC Energy experiences weakness below 18.74 it c ……..

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LSE:AV. Aviva. Close Mid-Price: 404.7 Percentage Change: + 0.77% Day High: 406.6 Day Low: 402

The situation with this now is a need to exceed 453p to trigger movement t ……..

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LSE:EMG MAN. Close Mid-Price: 245.6 Percentage Change: + 0.95% Day High: 250.5 Day Low: 243.2

All MAN needs are mid-price trades ABOVE 265 to improve acceleration towar ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1966 Percentage Change: -0.81% Day High: 1992 Day Low: 1888

Continued weakness against OXIG taking the price below 1888 calculates as ……..

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LSE:PMG Parkmead. Close Mid-Price: 42.25 Percentage Change: + 0.60% Day High: 42.1 Day Low: 41.6

Below 41 now risks reversal kicking in to an initial 38 with secondary, if ……..

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LSE:SDY Speedyhire Close Mid-Price: 42.85 Percentage Change: -1.04% Day High: 43.6 Day Low: 42.65

If Speedyhire experiences continued weakness below 42.65, it will invaria ……..

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LSE:SPX Spirax. Close Mid-Price: 10130 Percentage Change: + 0.75% Day High: 10370 Day Low: 10025

All Spirax needs are mid-price trades ABOVE 10370 to improve acceleration ……..

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LSE:VOD Vodafone. Close Mid-Price: 128.66 Percentage Change: + 1.02% Day High: 130.48 Day Low: 128.3

Continued trades against VOD with a mid-price ABOVE 130.48 should improve ……..

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