Trends And Targets

#FTSE #GOLD

Increasingly, we’re seeing market behaviour which is tending to prove a ‘safe’ indicator of future behaviour.  Obviously, like any visual indicator, the “Gotcha” cannot be regarded as 100% reliable but currently, both the FTSE and Bitcoin appear to be prepping themselves to once again trap traders.

The Bitcoin chart below is fairly simple.

Back in December last year, #1 delineates a period where “everyone” finally concluded Bitcoin wasn’t going to fall far below $50,000. Suddenly, “Gotcha”.

In March this year, #2 shows a period where the market conspired to give a solid impression $40,000 was a solid floor. Once again, “Gotcha”.

Then came April/May, period #3 with an even longer period absolutely convincing everyone Bitcoin had finally bottomed at $30,000. Oops and another “Gotcha”.

Finally, it feels like Bitcoin is starting period #4, a visually assuring picture of Bitcoin finally stopping falling at $20,000 and just 29% of its high in 2021. Obviously, there’s no way Bitcoin is going to fall further… is there?

This market behaviour, a price essentially flatlining for a while, increasingly feels contrived and designed to create a situation where a large number of traders convince themselves a trade is “safe”. Often, during the relative flat period, there will be contradictory movements and in a falling market, these comprise short lived nudges upwards. When this sort of nonsense occurs, we generally insist on hard proof market direction has changed. In the case of Bitcoin, this is a demand the value exceed $28,000, the level of the most recent Red trend break.

Importantly, the converse also proves remarkably reliable. When a price starts to flatline in a rising market, it often feels this is designed to get folk to off-load positions as they convince themselves a price is going to higher. Virtually every trader has a tale to tell of selling (in profit), only to miss the real substantial rise.

For The FTSE, the most recent 5 trading sessions appear contrived to convince the market the FTSE has a floor of 7000 points. The index broke through the uptrend since 2020, fell to 7000 and stopped falling. We should obviously all rush out and take Long positions with a Stop just below 7000 as the FTSE has obviously discovered a floor level. We’ve a little problem with this behaviour as it’s vanishingly rare for an item to break such an uptrend, then completely stop falling.

Instead, we suspect the market is preparing a “Gotcha” scenario, the FTSE needing above 7160 points to give us a reasonable first indication a further drop should not be anticipated. Curiously, when we examine other markets, Wall St remains in a “Gotcha” position whereas the Nasdaq has now given the first suggestion a severe reversal should not be anticipated. Hopefully the next few session should provide clarity while the world decides what it wants to do. Perhaps the Nasdaq is an early indicator the wildly mooted stock market recession is perhaps not currently scheduled.

As for the FTSE near term (trading around 7022 at time of writing), below 7014 looks problematic as reversal to an initial 6984 calculates as possible. Our secondary, should such a level break, works out at 6940 points, along with a probable bounce.

For an alternate scenario above 7075 looks mildly interesting, allowing an initial 7094 points with secondary, if exceeded, a rather more useful 7154 points, almost the level above which our Big Picture drop scenario becomes invalid.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:32:24PM	BRENT	106.78	105.8	104.735		108.7	110	111.26		107.75
10:34:02PM	GOLD	1822.9	1822	1813		1831	1846	1850		1834	Success
10:35:51PM	FTSE	7015	6990	6959		7057	7122	7172		7055
10:37:57PM	FRANCE	5911.3	5827	5821		5871	5912	5933		5892	‘cess
10:40:29PM	GERMANY	12928	12898	12850		12980	13014	13059		12910	‘cess
10:42:03PM	US500	3782.42	3730	3711		3771	3801	3832		3758
10:44:13PM	DOW	30590.9	30252	30065		30398	30714	30912		30536
10:46:14PM	NASDAQ	11668.47	11450	11401		11590	11731	11828		11510
10:48:23PM	JAPAN	26186	25972	25830		26129	26298	26337		26178

 

23/06/2022 FTSE Closed at 7020 points. Change of -0.97%. Total value traded through LSE was: £ 5,680,077,638 a change of -12.72%

22/06/2022 FTSE Closed at 7089 points. Change of -0.88%. Total value traded through LSE was: £ 6,507,643,698 a change of 40.38%

21/06/2022 FTSE Closed at 7152 points. Change of 0.44%. Total value traded through LSE was: £ 4,635,756,984 a change of -23.37%

20/06/2022 FTSE Closed at 7121 points. Change of 1.5%. Total value traded through LSE was: £ 6,049,529,686 a change of -50.99%

17/06/2022 FTSE Closed at 7016 points. Change of -0.4%. Total value traded through LSE was: £ 12,344,389,846 a change of 36.38%

16/06/2022 FTSE Closed at 7044 points. Change of -3.15%. Total value traded through LSE was: £ 9,051,276,874 a change of 32.71%

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

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:AVCT Avacta** **LSE:CBX Cellular Goods** **LSE:ITM ITM Power** **LSE:TRN The Trainline** **

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Updated charts published on : Avacta, Cellular Goods, ITM Power, The Trainline,

LSE:AVCT Avacta Close Mid-Price: 97 Percentage Change: -11.01% Day High: 111 Day Low: 91

If Avacta experiences continued weakness below 91, it will invariably lea ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.32 Percentage Change: -1.85% Day High: 1.35 Day Low: 1.31

Continued weakness against CBX taking the price below 1.31 calculates as ……..

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LSE:ITM ITM Power Close Mid-Price: 190.4 Percentage Change: -8.15% Day High: 207 Day Low: 189.65

Weakness on ITM Power below 189.65 will invariably lead to 182 with secon ……..

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LSE:TRN The Trainline Close Mid-Price: 284.6 Percentage Change: -10.14% Day High: 311.8 Day Low: 278.5

This is properly confusing, doubtless enjoying the effect of the current i ……..

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

#Brent #WallSt

Once upon a time, we were all trapped in a world where we couldn’t go out, we couldn’t travel, forced to ‘enjoy’ the company of immediate family. But we were thankfully permitted to more our place of work to a kitchen table, a hurriedly built shelf in a bedroom, or wherever. During this period, shares prices of companies catering for the change in society soared, while airline shares fell, hospitality shares fell, travel shares drove endlessly downward.

 

Now, with society returning to whatever passes as normal, it’s not unexpected to see online shopping companies getting a bit of a hammering, the shine coming off electronics companies, even Peloton share price running itself into the ground, and streaming companies such as Netflix discovering their growth in customer numbers was to prove a short lived phenomena. Quite why the company think an effective business model for the future is to alienate their remaining client base by increasing prices while reducing accessibility.

Meanwhile, hospitality shares should be soaring, cinema shares climbing remorselessly, airline shares flying over the moon, and cruise line shares riding the crest of a cliché. Alas, the stock market often isn’t a place where it gives with one hand while taking with the other. Instead, one hand will often have investors by the throat while the other is searching for the spot to stick a knife!

 

Netflix share price has achieved a greater level of pain than we’d expected, the value now trading substantially below the Covid-19 low of 2020 (290p), the point from which it soared to 700p. At time of writing, the share price is trading around 178 and we suspect this situation is destined to become worse.

Presently, below 162 looks capable of provoking reversal to an initial 118 with secondary, if broken, calculating at 102 and hopefully a bottom capable of producing a real bounce. We’ve a pretty good reason to hope 102 shall prove to enjoy trampoline qualities, thanks to a quite nasty risk if the 102 level breaks. Doing so would move the price into a region, where we calculate an absurd looking 19 as the “ultimate bottom” for the streaming service. We’re more than a little sceptical over this 19 target level as it would return the share price to a level not seen since 10 years ago.

 

Thankfully, with their business of making movies, Netflix perhaps shall prove capable of producing a happy ending for the current situation. Presently, the price needs exceed 209 to give hope as this calculates with the potential of an initial 250 with secondary, if exceeded, a rather less confident looking 313.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:59:41PM	BRENT	107.59	104.78	104.275	97.89	110.67	110.35	111.335	113.49	107.43	Success
10:01:34PM	GOLD	1837									Shambles
10:03:39PM	FTSE	7071									Success
10:05:58PM	FRANCE	5890									Success
10:32:37PM	GERMANY	13113									Success
10:35:50PM	US500	3757									Shambles
10:38:12PM	DOW	30486	29988	29700	29339	30240	30781	30985	31310	30505
10:40:02PM	NASDAQ	11513									‘cess
10:42:25PM	JAPAN	26210

 

22/06/2022 FTSE Closed at 7089 points. Change of -0.88%. Total value traded through LSE was: £ 6,507,643,698 a change of 40.38%

21/06/2022 FTSE Closed at 7152 points. Change of 0.44%. Total value traded through LSE was: £ 4,635,756,984 a change of -23.37%

20/06/2022 FTSE Closed at 7121 points. Change of 1.5%. Total value traded through LSE was: £ 6,049,529,686 a change of -50.99%

17/06/2022 FTSE Closed at 7016 points. Change of -0.4%. Total value traded through LSE was: £ 12,344,389,846 a change of 36.38%

16/06/2022 FTSE Closed at 7044 points. Change of -3.15%. Total value traded through LSE was: £ 9,051,276,874 a change of 32.71%

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

14/06/2022 FTSE Closed at 7187 points. Change of -0.25%. Total value traded through LSE was: £ 7,967,426,420 a change of 8.5%

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

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

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

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

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

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

Click Epic to jump to share: LSE:CNA Centrica** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:HUR Hurrican Energy** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Centrica, 4D Pharma, Experian, EasyJet, Foxtons, Hikma, Hurrican Energy, Intercontinental Hotels Group, ITM Power, Speedyhire, Spirax, Taylor Wimpey,

LSE:CNA Centrica. Close Mid-Price: 83.54 Percentage Change: + 4.58% Day High: 83.58 Day Low: 78.28

Further movement against Centrica ABOVE 83.58 should improve acceleration ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 15.2 Percentage Change: -7.88% Day High: 17 Day Low: 13.6

Weakness on 4D Pharma below 13.6 will invariably lead to 13 with secondar ……..

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LSE:EXPN Experian. Close Mid-Price: 2318 Percentage Change: + 1.44% Day High: 2324 Day Low: 2242

In the event Experian experiences weakness below 2242 it calculates with ……..

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LSE:EZJ EasyJet Close Mid-Price: 412.3 Percentage Change: -0.82% Day High: 424.4 Day Low: 401.8

If EasyJet experiences continued weakness below 401.8, it will invariably ……..

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LSE:FOXT Foxtons. Close Mid-Price: 34 Percentage Change: + 0.15% Day High: 34 Day Low: 31.6

Target met. Weakness on Foxtons below 31.6 will invariably lead to 29p wi ……..

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LSE:HIK Hikma. Close Mid-Price: 1502.5 Percentage Change: + 1.38% Day High: 1508.5 Day Low: 1459.5

Continued weakness against HIK taking the price below 1459.5 calculates a ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 6.8 Percentage Change: -9.33% Day High: 8 Day Low: 6.77

Continued trades against HUR with a mid-price ABOVE 8 should improve the ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4239 Percentage Change: -1.60% Day High: 4301 Day Low: 4174

Continued weakness against IHG taking the price below 4174 calculates as ……..

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LSE:ITM ITM Power Close Mid-Price: 207.3 Percentage Change: -4.34% Day High: 211.4 Day Low: 201.1

If ITM Power experiences continued weakness below 201.1, it will invariab ……..

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LSE:RMG Royal Mail. Close Mid-Price: 273.5 Percentage Change: + 0.04% Day High: 275.2 Day Low: 258.8

In the event Royal Mail experiences weakness below 258.8 it calculates wi ……..

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LSE:SDY Speedyhire Close Mid-Price: 44.95 Percentage Change: -0.22% Day High: 45.35 Day Low: 43.65

Target met. In the event Speedyhire experiences weakness below 43.65 it c ……..

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LSE:SPX Spirax. Close Mid-Price: 9346 Percentage Change: + 1.59% Day High: 9456 Day Low: 9008

If Spirax experiences continued weakness below 9008, it will invariably l ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 116.5 Percentage Change: -0.68% Day High: 117.5 Day Low: 114.75

If Taylor Wimpey experiences continued weakness below 114.75, it will inv ……..

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

#FTSE #France

It’s not often a share trading code sparks a search but Nostrum managed it. Their moniker, NOG, rung a very faint bell and an immediate assumption Nog was a character from Lord of the Rings. This turned out to be a big nope. Nog was a character in a Star Trek spin-off. It’s amazing how trivia from nearly 30 years ago remains in a little pigeon hole of memory, making it questionable just why the human brain decides something is worth retaining!

We received a couple of emails asking our opinion on Nostrum and despite an initial temptation to reply “big ears, dodgy forehead”, it was deemed proper to do a little more research beyond satisfying ourselves who “Nog” was. Nostrum Oil & Gas, headquartered in London, listed on the FTSE, are a Kazakhstan producer and judging by their history, on the go since 2004 and listed since 2013. Their listing recently moved from ‘Premium Listing’ to ‘Standard Listing’ and if we’re honest, we’ve no idea what this shall mean for the share price.

However, it certainly appears something may be happening.

The chart below has a circled area, delineating something odd which occurred toward the end of May. The share price did a little dance for a few days, it transpiring the price exceeding 6.576p at that particular time was significant. The light blue trend describes something we usually ignore, a really big picture downtrend from a time in 2014 where Nostrum had a share price of 825p. This sort long distance trend line from an impossible high is generally an obstacle a share price treats as invisible but on this occasion, there were a series of price movements which tend indicate the market was perfectly aware of what just happened.

Okay, maybe this sort of thing is fascinating to just us, but when the market reacts to an event, it’s always worth pausing for thought and wondering why.

Secondly, the last couple of sessions have witnessed the share price break through the Blue downtrend since 2019, yet fail to close above the trend. Our chart inset highlights the share price is carefully mirroring the Blue trend line. We’ve a theory, should the share price now exceed these breakout levels, some positive action can be anticipated.

If our suspicion above proves correct, it’s probably safe to view the Bigger Picture chart below. Currently, above 8.85p can allegedly suggest movement to an initial 12p with secondary, if exceeded, a rather more impressive 15.4p. Obviously, if playing safe, closure above Blue (presently 8.5p) will make a lot of sense but in this instance, if our guess about the wider market paying attention is correct, any movement is liable to prove rather quick.

Visually, there’s a fairly strong hint the 15p level should provide some sort of glass ceiling for future rises but we can risk suggesting, closure above 15p is liable to prove quite game changing as a third target level at 26p makes itself very possible.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:27:55PM	BRENT	112.81									‘cess
9:29:22PM	GOLD	1833.7									‘cess
9:32:01PM	FTSE	7152.56	7116	7099	7067	7162	7195	7218	7303	7151	‘cess
9:34:00PM	FRANCE	5943.3	5924	5893	5847	5966	6031	6054	6110	5990	Success
9:36:28PM	GERMANY	13267									Success
10:07:22PM	US500	3767									Success
10:09:11PM	DOW	30548									Success
10:10:41PM	NASDAQ	11549									Success
10:12:43PM	JAPAN	26520									Success

21/06/2022 FTSE Closed at 7152 points. Change of 0.44%. Total value traded through LSE was: £ 4,635,756,984 a change of -23.37%

20/06/2022 FTSE Closed at 7121 points. Change of 1.5%. Total value traded through LSE was: £ 6,049,529,686 a change of -50.99%

17/06/2022 FTSE Closed at 7016 points. Change of -0.4%. Total value traded through LSE was: £ 12,344,389,846 a change of 36.38%

16/06/2022 FTSE Closed at 7044 points. Change of -3.15%. Total value traded through LSE was: £ 9,051,276,874 a change of 32.71%

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

14/06/2022 FTSE Closed at 7187 points. Change of -0.25%. Total value traded through LSE was: £ 7,967,426,420 a change of 8.5%

13/06/2022 FTSE Closed at 7205 points. Change of -1.53%. Total value traded through LSE was: £ 7,343,380,444 a change of 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:CASP Caspian** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:NG. National Glib** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **

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Updated charts published on : Caspian, 4D Pharma, Foxtons, Hurrican Energy, National Glib, Reabold Resources PLC, Rockhopper, Rolls Royce,

LSE:CASP Caspian. Close Mid-Price: 5 Percentage Change: + 7.53% Day High: 5.05 Day Low: 4.65

Above 5.3 is liable to prove significant, provoking an initial 5.85 with s ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 16.5 Percentage Change: -32.52% Day High: 26.15 Day Low: 16.7

Target met. In the event 4D Pharma experiences weakness below 16.7 it cal ……..

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LSE:FOXT Foxtons Close Mid-Price: 33.95 Percentage Change: -3.41% Day High: 35.15 Day Low: 33.55

If Foxtons experiences continued weakness below 33.55, it will invariably ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 7.5 Percentage Change: + 30.43% Day High: 7.5 Day Low: 6

Above just 7.75 now allows for price recovery to an initial 8.7p with seco ……..

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LSE:NG. National Glib Close Mid-Price: 1028.5 Percentage Change: -0.92% Day High: 1042 Day Low: 1020

Continued weakness against NG. taking the price below 1020 calculates as ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.29 Percentage Change: -9.38% Day High: 0.32 Day Low: 0.28

Something is finally happening, though not particularly good. Below 0.28 i ……..

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LSE:RKH Rockhopper Close Mid-Price: 7.2 Percentage Change: -4.00% Day High: 7.22 Day Low: 6.9

In the event Rockhopper experiences weakness below 6.9 it calculates with ……..

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LSE:RR. Rolls Royce Close Mid-Price: 90.83 Percentage Change: -0.73% Day High: 92.79 Day Low: 90.89

Further movement against Rolls Royce ABOVE 92.79 should improve accelerat ……..

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

#Gold #Nasdaq

When a company issues three profit warnings within a single year, there’s generally a reasonable expectation something is going horribly wrong. ASOS have opted to join this exclusive club, their share price retreating from 60 quid down to a current £8.70. The picture is not pretty, unable to be photo-shopped unlike the images on their website.

Various stories have emerged regarding online buyer habits which companies similar to ASOS need deal with. ASOS do not charge for returns, so there’s little impediment to stop buyers ordering £1,000 of clothing, intending to only keep £100 of it. The may order multiple sizes of an identical product, intending to keep the one which fits. It even makes a degree of sense but perhaps isn’t the ideal business model for an online retailer.

Another classic wheeze is something called “wardrobing”, ordering an outfit intended to be worn for a Zoom video call, then returned. Personally, I wish there was a facility where I could order a slimmer, fitter, version of myself for video calls! It’s certainly not looking like a fun time to be in the online clothing industry.

 

ASOS, with a share price trading at levels not seen since 2010, are looking as attractive as a Government advert for a Covid-19 initiative. Visually, we’re far from the convinced the share price has yet exhibited a viable entry level, instead suspecting it has some more relaxation ahead. The recent market movement which gapped the price below Red on the chart was especially significant, the market sending a clear signal the uptrend since 2010 no longer applies.

Now, it appears below 775p calculates with the potential of reversal to 592p as a fairly major point of interest. We’ve a strong reason to hope for a bounce around such a level as our longer term secondary, if the initial breaks, works out at an ‘Ultimate Bottom’ of just 90p, a level below which we cannot calculate.

If ASOS intends escape the current nightmare situation, the share price requires to recover above Red, presently 1,150p to tick the first box for a return to sanity. To summarise, we’re not inclined to view ASOS share price as “cheap”, quite the opposite.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:39:13PM	BRENT	112.24									‘cess
9:42:11PM	GOLD	1839.12	1833	1829	1824	1842	1846	1851	1867	1836
9:48:48PM	FTSE	7114.91
9:50:37PM	FRANCE	5916
9:53:56PM	GERMANY	13270									‘cess
9:55:37PM	US500	3713
9:57:18PM	DOW	30153
9:59:26PM	NASDAQ	11390	11238	11197	11128	11363	11407	11457	11599	11288
10:01:49PM	JAPAN	25974

 

20/06/2022 FTSE Closed at 7121 points. Change of 1.5%. Total value traded through LSE was: £ 6,049,529,686 a change of -50.99%

17/06/2022 FTSE Closed at 7016 points. Change of -0.4%. Total value traded through LSE was: £ 12,344,389,846 a change of 36.38%

16/06/2022 FTSE Closed at 7044 points. Change of -3.15%. Total value traded through LSE was: £ 9,051,276,874 a change of 32.71%

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

14/06/2022 FTSE Closed at 7187 points. Change of -0.25%. Total value traded through LSE was: £ 7,967,426,420 a change of 8.5%

13/06/2022 FTSE Closed at 7205 points. Change of -1.53%. Total value traded through LSE was: £ 7,343,380,444 a change of 22%

10/06/2022 FTSE Closed at 7317 points. Change of -2.13%. Total value traded through LSE was: £ 6,019,204,674 a change of -10.01%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:DDDD 4D Pharma** **LSE:HUR Hurrican Energy** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Barrett Devs, Cellular Goods, 4D Pharma, Hurrican Energy, Oxford Instruments, Rolls Royce, Taylor Wimpey, Zoo Digital,

LSE:BDEV Barrett Devs Close Mid-Price: 454.4 Percentage Change: -3.71% Day High: 476 Day Low: 446.9

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LSE:CBX Cellular Goods. Close Mid-Price: 1.4 Percentage Change: + 0.00% Day High: 1.4 Day Low: 1.33

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LSE:DDDD 4D Pharma. Close Mid-Price: 24.45 Percentage Change: + 4.94% Day High: 25 Day Low: 22.1

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LSE:HUR Hurrican Energy Close Mid-Price: 5.75 Percentage Change: -8.73% Day High: 6.64 Day Low: 5.8

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LSE:OXIG Oxford Instruments. Close Mid-Price: 1958 Percentage Change: + 0.93% Day High: 2025 Day Low: 1920

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LSE:RR. Rolls Royce. Close Mid-Price: 91.5 Percentage Change: + 4.32% Day High: 91.8 Day Low: 87.4

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LSE:TW. Taylor Wimpey Close Mid-Price: 116.95 Percentage Change: -3.23% Day High: 121.5 Day Low: 116.3

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LSE:ZOO Zoo Digital Close Mid-Price: 101.5 Percentage Change: -0.98% Day High: 102.5 Day Low: 101.5

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

#Brent #Dax

We’re starting to think there’s something seriously wrong with the UK. Newspaper headlines make daily drama’s about the incompetence of our airports, the inability of the government to actually govern, but never talk about our Toyota SUV. It failed its MoT a month ago, needing a prop-shaft. The garage reported a fairly major issue.

 

Toyota were unable to say if they’d be able to supply one THIS YEAR, apparently an unexpected consequence of Brexit. This particular component was designed as “sealed for life” with Toyota believing, quite reasonably, it would last forever. Unfortunately, living in a stormy environment with the sea literally just across the road, our part of Scotland continually highlights flaws in manufacture. Sometimes it’s just the hinges of a garden gate falling apart, other times it’s the discovery our letter box has worn out, and I’ve still no idea where our fledging hydro electric generator eventually found itself, after our garden stream decided to “man up” following severe rainfall.

We’re used to things falling apart, we are not used to being unable to replace them! The prospect of having an expensive vehicle parked at the garage for months, awaiting parts, was quite worrying. This concern was further enhanced, the mechanic pointing to a row of dusty vehicles, all MoT failures, all awaiting parts from Europe and Japan. UK regulations ensure they can’t be driven as they’re officially unsafe and illegal on the road. Brexit is being blamed but, thinking about it, perhaps this is a consequence of the gap in the supply chain, the two year hole in time during the pandemic. It’s maybe the case in the UK, we’ve hit a perfect storm of excuses and it’s simply going to be a matter of patience.

Thankfully, a family member runs a specialist motor-sport engineering shop and offered to take a look at the Toyota prop-shaft. After a couple of days and a few hundred pounds, he rebuilt it and the car is now back on the road. Needless to say, he’s now contacting MoT garages to offer his services. An interesting codicil to this story, Toyota wanted £1,400 plus VAT for a replacement shaft!

 

However, the point from the foregoing is quite worrying. Something is distinctly wrong in the UK, prices are being driven up, stock markets are behaving quite badly, and rather than enjoy our usual optimistic attitude, we’re increasingly worried as to what to expect during the rest of this year. Worse, it’s not just the UK stock market behaving quite poorly, similar misbehaviour is being noted worldwide and the current loss of confidence in Bitcoin, recently thought of as a “safe haven”, is most emphatically not a UK problem.

 

With this seasoning of anxiety, we’ve some real concerns for the future of Natwest Group share price. Currently, below 215p risks triggering some reversal to an initial 201p. Such a target quite neatly matches the Red uptrend since 2020 and will hopefully provide sufficient excuse for some sort of bounce. However, should 201p break, our secondary calculates at 180p. This secondary ambition creates a painful visual problem, taking the share price below Red and into a zone where our third level drop target introduces itself at 116p.

We’d like to describe this third level as “ridiculous”, were it not for the unpleasant reality of it matching the lows of 2020.

If something is indeed “wrong” in the UK and we’re about to face some unpleasant market retreats, Natwest at 116p would certainly produce an excellent level from which to hope for a future rebound. Currently the share price requires exceed 235p to once again bring hope to the table as it’s easy to imagine a cycle to 270 and beyond commencing.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:36:32PM	BRENT	111.86	110	109.74	105.57	112.2	113.3	114.59	116.08	111.3
9:38:32PM	GOLD	1840.33								1836
9:49:24PM	FTSE	7006.19								7085
9:51:33PM	FRANCE	5889.2								5920
9:53:22PM	GERMANY	13166.88	12997	12905	12794	13136	13240	13285	13363	13140
9:54:41PM	US500	3671								3665
10:12:30PM	DOW	29870								29977
10:14:02PM	NASDAQ	11262								11235
10:15:41PM	JAPAN	26010								25945

17/06/2022 FTSE Closed at 7016 points. Change of -0.4%. Total value traded through LSE was: £ 12,344,389,846 a change of 36.38%

16/06/2022 FTSE Closed at 7044 points. Change of -3.15%. Total value traded through LSE was: £ 9,051,276,874 a change of 32.71%

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

14/06/2022 FTSE Closed at 7187 points. Change of -0.25%. Total value traded through LSE was: £ 7,967,426,420 a change of 8.5%

13/06/2022 FTSE Closed at 7205 points. Change of -1.53%. Total value traded through LSE was: £ 7,343,380,444 a change of 22%

10/06/2022 FTSE Closed at 7317 points. Change of -2.13%. Total value traded through LSE was: £ 6,019,204,674 a change of -10.01%

9/06/2022 FTSE Closed at 7476 points. Change of -1.54%. Total value traded through LSE was: £ 6,688,998,845 a change of -1.03%

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:AVCT Avacta** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:IHG Intercontinental Hotels Group** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Avacta, Cellular Goods, Carnival, Darktrace Plc, 4D Pharma, Foxtons, Hurrican Energy, Intercontinental Hotels Group, Lloyds Grp., National Glib, Zoo Digital,

LSE:AVCT Avacta Close Mid-Price: 97.5 Percentage Change: -4.88% Day High: 103.5 Day Low: 94

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LSE:CBX Cellular Goods Close Mid-Price: 1.4 Percentage Change: -3.45% Day High: 1.45 Day Low: 1.4

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LSE:CCL Carnival. Close Mid-Price: 674.8 Percentage Change: + 3.05% Day High: 680.8 Day Low: 641

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LSE:DARK Darktrace Plc. Close Mid-Price: 324.4 Percentage Change: + 2.08% Day High: 326.5 Day Low: 288.8

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LSE:DDDD 4D Pharma Close Mid-Price: 23.3 Percentage Change: -2.10% Day High: 26.55 Day Low: 23

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LSE:FOXT Foxtons Close Mid-Price: 34.6 Percentage Change: -2.26% Day High: 35.75 Day Low: 34

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LSE:HUR Hurrican Energy Close Mid-Price: 6.3 Percentage Change: -11.27% Day High: 7.32 Day Low: 6.39

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 4252 Percentage Change: + 0.33% Day High: 4352 Day Low: 4226

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 42.26 Percentage Change: + 0.05% Day High: 43.28 Day Low: 41.97

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LSE:NG. National Glib Close Mid-Price: 1033.5 Percentage Change: -0.96% Day High: 1052.5 Day Low: 1032.5

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LSE:ZOO Zoo Digital Close Mid-Price: 102.5 Percentage Change: -0.97% Day High: 102.5 Day Low: 102.5

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

#FTSE #Gold

We reviewed #Bitcoin a month ago, speculating it was heading to $21,400. As hysteria in the media confirms, the crypto has indeed achieved this target level, ensuring the world has ended for some traders. However, we’ve spotted something which may prove important in the spiral to oblivion!

 

Regular readers will know we habitually give a primary, then a secondary, target.

The reason for this is pretty straightforward, generally a price will not go directly to a target level. Instead, sometimes it will stutter around the primary target until sufficient number of suckers believe it’s not dropping further. Then it drops further.

However, we always throw in an important caveat, generally suggesting “our secondary, if initial target is broken, works out at XYZ”. There’s a little more to this statement than just giving ourselves some wiggle room as it’s often critical how a price behaves at a target level, if we’re going to be given a clue to future behaviour. In the case of Bitcoin, our argument was along the lines of “If $21,410 breaks, our longer term secondary calculates at $13,800.

When we zoom in and look at how Bitcoin has behaved, there are a few interesting facets to the crypto fall from grace which perhaps imply it’s not intending a return to price levels last seen toward the end of 2020. With share prices, this sort of thing is a fairly big deal, so we’re obviously fascinated to see how the logic applies to crypto.

The chart extract above highlights something which may prove fascinating. The initial drop for Bitcoin failed to break our 21,400 target, instead bouncing (slightly) around 21,900. The next day. it indeed broke our target but closed above. Similarly on day three. Without a doubt, our target level has validity but it took a fourth session before Bitcoin finally immolated itself. When this sort of thing occurs with share prices, we tend toward considerable caution with expectations for our secondary to make an appearance. Instead, we start looking for early logic which shall indicate surprise recovery. At time of writing, Bitcoin is trading around 20,400, needing “only” to jump $2,000 above $22,400 to suggest it’s all been a bad dream and some recovery is happening!

Who knows, perhaps Bitcoin shall again surprise everyone…

FTSE for Friday

For a while in 2021, we quite liked the way the FTSE was behaving. Generally, the UK market was proving strong, while European markets were experiencing difficulty. Unfortunately, the UK has reverted to “type”, indulging in some truly awful dramatics just because everyone else is doing it. A graphic from the UK state broadcaster, the BBC, rather neatly encapsulates just how vile things are presently. It remains an ongoing puzzle just how Governments intend curb inflation by increasing interest rates, creating further pressure for prices to increase. Instead, why are Japan & China not being examined to discover the cause of their parsimonious inflation rates. If it means eating more rice, our household are completely on board as we already purchase Thai Jasmine rice by the 12kg sack. (We like rice)

The FTSE is certainly in a problematic position, breaking the uptrend since the Covid-19 low

and also failing to better the high of 2020, a point in time when ‘Pandemic’ was just a useful Scrabble word. More frightening, market movements during June are starting to feel dangerously reminiscent of 2008, a point in time which was quite scary. If that’s the case, we’re only perhaps witnessing the opening salvoes of some troubled times.

The immediate situation suggests weakness now below 7039 points threaten ongoing reversal to 7001 points, a market level at which we’d hope for a bounce – in normal circumstances. Our secondary, should the initial target break, calculates at 6782 points. We cannot suggest the secondary as a ‘longer term’ thing, thanks to current market movements proving painfully wide.

 

Our alternate scenario, if searching for gains, comes should the FTSE manage to exceed 7080 points as apparently, this risks triggering a surprise movement to 7136 points. Should this initial target be exceeded, our secondary calculates at 7200 points. This secondary level should prove a really big deal, given it matches the point of trend break. Market closure above such a level shall indicate, quite firmly, the immediate drop cycle is probably over.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:11PM	BRENT	117.61	114	113.23		116.9	118.7	120.015		116.2	‘cess
9:48:28PM	GOLD	1857	1815	1780		1849	1858	1860		1843	Success
9:56:06PM	FTSE	7022	6991	6939		7096	7116	7128		7043	Success
9:58:32PM	FRANCE	5852	5835	5805		5908	5932	5938		5878	Success
10:01:05PM	GERMANY	13013	12946	12874		13020	13162	13186		13066	Success
10:19:48PM	US500	3676	3635	3616		3689	3690	3712		3648	Success
10:22:07PM	DOW	30004	29732	29505		29907	30294	30501		30030	‘cess
10:24:26PM	NASDAQ	11177	11020	10887		11596	11463	11571		11235	‘cess
10:28:15PM	JAPAN	25715	25585	25486		25787	26055	26200		25700	Success

16/06/2022 FTSE Closed at 7044 points. Change of -3.15%. Total value traded through LSE was: £ 9,051,276,874 a change of 32.71%

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

14/06/2022 FTSE Closed at 7187 points. Change of -0.25%. Total value traded through LSE was: £ 7,967,426,420 a change of 8.5%

13/06/2022 FTSE Closed at 7205 points. Change of -1.53%. Total value traded through LSE was: £ 7,343,380,444 a change of 22%

10/06/2022 FTSE Closed at 7317 points. Change of -2.13%. Total value traded through LSE was: £ 6,019,204,674 a change of -10.01%

9/06/2022 FTSE Closed at 7476 points. Change of -1.54%. Total value traded through LSE was: £ 6,688,998,845 a change of -1.03%

8/06/2022 FTSE Closed at 7593 points. Change of -0.07%. Total value traded through LSE was: £ 6,758,685,339 a change of -1.74%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:CCL Carnival** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **

********

Updated charts published on : Aston Martin, Asos, Carnival, 4D Pharma, Experian, Hikma, Hargreaves Lansdown, Hurrican Energy, British Airways, Intercontinental Hotels Group, International Personal Finance, ITM Power, Intertek, ITV, Just Eat, Lloyds Grp., Marks and Spencer, Rockhopper, Spirax,

LSE:AML Aston Martin Close Mid-Price: 468.7 Percentage Change: -8.13% Day High: 516.6 Day Low: 466.3

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LSE:ASC Asos Close Mid-Price: 783.5 Percentage Change: -32.46% Day High: 1040 Day Low: 775

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LSE:CCL Carnival Close Mid-Price: 654.8 Percentage Change: -10.08% Day High: 730.4 Day Low: 652.8

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LSE:DDDD 4D Pharma Close Mid-Price: 23.8 Percentage Change: -7.21% Day High: 26.15 Day Low: 23.25

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LSE:EXPN Experian Close Mid-Price: 2293 Percentage Change: -2.47% Day High: 2344 Day Low: 2266

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LSE:HIK Hikma Close Mid-Price: 1485 Percentage Change: -2.17% Day High: 1515.5 Day Low: 1466

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 762.6 Percentage Change: -3.42% Day High: 787.6 Day Low: 760

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LSE:HUR Hurrican Energy Close Mid-Price: 7.1 Percentage Change: -4.05% Day High: 7.93 Day Low: 6.74

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LSE:IAG British Airways Close Mid-Price: 109.22 Percentage Change: -7.20% Day High: 118.24 Day Low: 109.48

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4238 Percentage Change: -4.70% Day High: 4431 Day Low: 4231

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LSE:IPF International Personal Finance. Close Mid-Price: 76.8 Percentage Change: + 0.39% Day High: 76.9 Day Low: 75.5

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LSE:ITM ITM Power Close Mid-Price: 205.8 Percentage Change: -3.33% Day High: 219.2 Day Low: 201.4

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LSE:ITRK Intertek Close Mid-Price: 4202 Percentage Change: -1.18% Day High: 4231 Day Low: 4141

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LSE:ITV ITV Close Mid-Price: 65.24 Percentage Change: -6.83% Day High: 70.28 Day Low: 64.88

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LSE:JET Just Eat Close Mid-Price: 1369.2 Percentage Change: -10.15% Day High: 1507.8 Day Low: 1356.2

Target met. Weakness on Just Eat below 1356.2 will invariably lead to 130 ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 42.24 Percentage Change: -4.14% Day High: 44.12 Day Low: 42.16

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LSE:MKS Marks and Spencer Close Mid-Price: 132.5 Percentage Change: -4.71% Day High: 137.9 Day Low: 129.6

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LSE:OXIG Oxford Instruments Close Mid-Price: 1986 Percentage Change: -8.48% Day High: 2165 Day Low: 1956

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LSE:RKH Rockhopper Close Mid-Price: 7.25 Percentage Change: -8.92% Day High: 7.3 Day Low: 6.94

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LSE:SPX Spirax Close Mid-Price: 9168 Percentage Change: -3.45% Day High: 9456 Day Low: 9048

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

#Gold #CAC40

Sometimes, it’s worth decluttering your charts in case you’re missing something obvious. Aside from ditching ALL technical indicators, just change the chart type to “Line”, zoom out and take a 5+ year view, and think about what you’re seeing. Currently EasyJet provide a perfect example for this stance, albeit not a particularly comfortable example.

The chart below for EZJ dates back to 2009 and, hopefully obviously, there are a couple of items worthy of consideration. The current narrative among shares is “buy while they’re cheap” but, with Easyjet, we’re pretty far from convinced the budget airline is offering a share price which matches their alleged ticket policy.

 

The first thing which should be noticed is the current share price. By turning off “candles”, it becomes immediately clear the share is achieving “lower lows”, perhaps one of the biggest warning bells a share can ring. The chart below, showing Easyjet with “candles” turned on manages to utterly conceal the harsh reality of recent movements.

Secondly, there’s the small matter of a potential Head and Shoulders making itself known. Generally, we ridicule chart patterns but this one is deserving of respect, roughly 2/3rds of the time. Since the Covid-19 pandemic low of 2020, it’s possible Easyjet has painted this dangerous pattern. To be honest, Easyjet are far from alone in describing such a trajectory since the pandemic hit. It’s currently the case Bitcoin appear to be reaping the rewards of a similar trade history.

 

The chart below shows Easyjet, this time with candles turned on. Just to add confusion, we’ve chosen to Red circle the major share price manipulation gaps since 2020. At a glance, it’s obvious the market has chosen to force the share price down with a greater frequency than the UK Government has offered flights to Rwanda. On 10 out of 13 circles, the market has gapped the price downward, almost feeling like there may be a wish to drive Easyjet lower.

This being the case, the current situation suggests weakness below 408p risks triggering reversal to 334p next and hopefully a bounce. Below 334p and we’ll start to suspect the effect of the previously mentioned Head & Shoulders formation is kicking into play, our secondary target calculating at a ridiculous looking 38p.

For Easyjet to ascend out of trouble, the share price needs exceed Blue on the chart, currently around 600p as this should trigger gains to an initial 709p with secondary, if bettered, at a game changing 773p.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:53:26PM	BRENT	117.22
9:55:36PM	GOLD	1835.92	1813	1804	1792	1829	1842	1845	1858	1826	Success
10:00:31PM	FTSE	7287.26									‘cess
10:02:54PM	FRANCE	6056	5968	5922	5862	6052	6102	6125	6156	6030	‘cess
10:14:58PM	GERMANY	13551									Success
10:17:07PM	US500	3791.65									‘cess
10:25:33PM	DOW	30691.9									Success
10:27:27PM	NASDAQ	11608									Success
10:29:17PM	JAPAN	26563

15/06/2022 FTSE Closed at 7273 points. Change of 1.2%. Total value traded through LSE was: £ 6,820,318,073 a change of -14.4%

14/06/2022 FTSE Closed at 7187 points. Change of -0.25%. Total value traded through LSE was: £ 7,967,426,420 a change of 8.5%

13/06/2022 FTSE Closed at 7205 points. Change of -1.53%. Total value traded through LSE was: £ 7,343,380,444 a change of 22%

10/06/2022 FTSE Closed at 7317 points. Change of -2.13%. Total value traded through LSE was: £ 6,019,204,674 a change of -10.01%

9/06/2022 FTSE Closed at 7476 points. Change of -1.54%. Total value traded through LSE was: £ 6,688,998,845 a change of -1.03%

8/06/2022 FTSE Closed at 7593 points. Change of -0.07%. Total value traded through LSE was: £ 6,758,685,339 a change of -1.74%

7/06/2022 FTSE Closed at 7598 points. Change of -100%. Total value traded through LSE was: £ 6,878,313,102 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:CCL Carnival** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : Aston Martin, Carnival, International Personal Finance, National Glib, Rolls Royce, Spirax,

LSE:AML Aston Martin Close Mid-Price: 510.2 Percentage Change: -0.74% Day High: 534.2 Day Low: 501

Weakness on Aston Martin below 501 will invariably lead to 472 with secon ……..

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LSE:CCL Carnival. Close Mid-Price: 728.2 Percentage Change: + 0.52% Day High: 738.8 Day Low: 713.6

In the event Carnival experiences weakness below 713.6 it calculates with ……..

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LSE:IPF International Personal Finance Close Mid-Price: 76.5 Percentage Change: -4.26% Day High: 82 Day Low: 77.6

If International Personal Finance experiences continued weakness below 77 ……..

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LSE:NG. National Glib. Close Mid-Price: 1058 Percentage Change: + 0.71% Day High: 1070.5 Day Low: 1038.5

Weakness on National Glib below 1038.5 will invariably lead to 953 with s ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 90.69 Percentage Change: + 3.15% Day High: 91.68 Day Low: 87.71

In the event of Rolls Royce enjoying further trades beyond 91.7, the shar ……..

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LSE:SPX Spirax. Close Mid-Price: 9496 Percentage Change: + 2.28% Day High: 9512 Day Low: 9086

Target met. Continued weakness against SPX taking the price below 9086 ca ……..

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