Trends And Targets

#Gold #SP500

It was a bit of a surprise to discover M&G Plc are now starting to look interesting. A few weeks ago, we covered Prudential Plc, completely unrelated to Prudential Assurance of which M&G are the direct parent company. Perhaps there’s something about the word “Prudential” which the markets currently like, especially as M&G Plc currently look capable of enjoying some share price growth.

However, we can’t continue without first pausing to highlight some exquisite groupthink gibberish on their corporate website; “Following the launch of PruFund Planet, the UK’s first smoothed UK savings proposition that offers positive societal and environmental outcomes, we continue to expand our range of thematic and sustainable propositions.”

Why, oh why, couldn’t they have just said, “we’re in business to make money through investment!”

 

Their company share price appears on the crux of becoming interesting, the only meaningful movement this year being due to the Russian drop in March. Now above just 222p looks mildly useful, apparently capable of triggering recovery to a near term 229p. Above this level and the price risks becoming more exciting, our calculations producing a secondary target at 252p and almost certain hesitation, thanks to this coinciding with previous highs back in 2020 and 2021.

One feature about such hesitation is it’s easy to assume it shall be inspired by the Babe brigade, those folk who bought at previous highs and opting to ‘bail at break even’. Generally, when such selling pressure appears, it’s effects tend diminish with time and as this shall be the share price’s potential 3rd attempt at this level, we’re not entirely nervous by suggesting above 252p should fuel longer term price growth to 280p and beyond, new all time high levels.

 

If everything intends go horribly wrong, the share price currently needs slump below 178p. Weakness such as this risks provoking a downward spiral to an initial 142 with secondary, if broken, at 120p and hopefully a trampoline bottom.

Massive thanks to the kind folk who discovered a fascinating advert to visit on this page on Monday. The clicks paid for the increase in Taylors coffee bean prices (not kidding!)

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:56:55PM	BRENT	111.33									‘cess
10:58:37PM	GOLD	1853.84	1846	1838	1829	1858	1865	1873	1886	1851	‘cess
11:01:40PM	FTSE	7476.33									‘cess
11:03:37PM	FRANCE	6346									Success
11:05:39PM	GERMANY	14055.9									‘cess
11:08:02PM	US500	3938	3914	3906	3880	3951	3984	4011	4078	3945	‘cess
11:10:10PM	DOW	31748									Success
11:14:03PM	NASDAQ	11837									‘cess
11:15:59PM	JAPAN	26921									Success

23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%

20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%

19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%

18/05/2022 FTSE Closed at 7438 points. Change of -1.06%. Total value traded through LSE was: £ 7,006,146,182 a change of 17.44%

17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%

16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:CCL Carnival** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:SNN Sanne Plc** **LSE:STAN Standard Chartered** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Aviva, Astrazeneca, Carnival, MAN, Glencore Xstra, IQE, Intertek, Sanne Plc, Standard Chartered, Zoo Digital,

LSE:AV. Aviva. Close Mid-Price: 429.2 Percentage Change: + 4.15% Day High: 431.3 Day Low: 407.1

In the event of Aviva enjoying further trades beyond 431.3, the share sho ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10600 Percentage Change: + 1.01% Day High: 10634 Day Low: 10454

Continued trades against AZN with a mid-price ABOVE 10634 should improve ……..

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LSE:CCL Carnival Close Mid-Price: 952.8 Percentage Change: -2.40% Day High: 995.8 Day Low: 923

If Carnival experiences continued weakness below 923, it will invariably ……..

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LSE:EMG MAN. Close Mid-Price: 248.3 Percentage Change: + 5.17% Day High: 246.7 Day Low: 237.9

Continued trades against EMG with a mid-price ABOVE 246.7 should improve ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 513 Percentage Change: + 3.15% Day High: 516.7 Day Low: 497.45

Glencore appear worthy of attention as above 517 now looks capable of move ……..

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LSE:IQE IQE. Close Mid-Price: 29.25 Percentage Change: + 2.45% Day High: 29.3 Day Low: 27.8

Weakness on IQE below 27.8 will invariably lead to 27p with secondary (if ……..

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LSE:ITRK Intertek Close Mid-Price: 4706 Percentage Change: -3.94% Day High: 4880 Day Low: 4640

Target met. If Intertek experiences continued weakness below 4640, it wil ……..

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LSE:SNN Sanne Plc. Close Mid-Price: 902 Percentage Change: + 1.01% Day High: 904 Day Low: 883

If Sanne Plc experiences continued weakness below 883, it will invariably ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 602 Percentage Change: + 2.63% Day High: 602 Day Low: 588.6

Continued trades against STAN with a mid-price ABOVE 602 should improve t ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 104.5 Percentage Change: -7.11% Day High: 112.5 Day Low: 106.5

If Zoo Digital experiences continued weakness below 106.5, it will invari ……..

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

#Brent #Dax

I’ve mentioned a chum several times over the years, his business being a pretty good barometer of how trade activity is in the UK. If his pre-demolition survey business is doing well, it’s generally a pretty good indication we should anticipate the markets being buoyant and conversely, if he’s quiet, to anticipate trouble. He’s now taking on more staff for the first time in 10 years, when the penny dropped he risked losing contracts due to needing to start a booking schedule for 2023.

Our thinking is fairly simple. If he’s busy, the construction industry intends to be busy, material demand will be high, pay rates will be high, and all the grotty burger vans which litter roadsides will be busy. Everyone benefits, just ‘cos my chum is wandering around taking photo’s, extracting material samples and scrawling copious notes in shopping centres, factory units, tower blocks, schools, and rather a lot of hospitality business’ too. We’d a long natter this weekend, thanks to him agonising what to quote for a seriously big project which involves no less than 5 ‘Listed’ building exteriors. In conclusion, he decided to quite literally double his usual price, thanks to prices everywhere going up along with the inevitable reputational nightmare, should anything go wrong at any stage of “the big job”.

 

So, with all this frothy and optimistic discussion for the future, why the heck is the UK’s retail banking sector managing to remain in the pits?

 

Prices everywhere are going up, unless, of course, they are share prices. And Lloyds remain at the forefront, managing to do very little against a backdrop of hope for the future. Perhaps some slight hope may be taken from our analysis three weeks ago, the one where we speculated on potential reversal from 45.25 to 43p (which happened) with a secondary target, should 43p break, down at 40.6p and hopefully a bounce. The share did indeed break below our 43p, even managing to close below this initial target but a visit to 40.6p has been noticeably absent. Perhaps this is an implication of some hidden strength, perhaps it’s a timing issue. We’re inclined to suspect the “hidden strength” theory.

 

Currently trading around 43.6p, Lloyds Bank needs trade above 46.4p to give the first indication of a trigger for happier times ahead.

Above 46.4p risks triggering share price recovery toward an initial 50.3p with secondary, if exceeded, a slightly more useful 52.5p. The secondary represents what we suspect shall prove a key point in Lloyds future history as closure above this level should prove a really big deal, making it possible to speculate on a longer term 77p without attempting to conceal a hysterical giggle.

Perhaps all this optimism is quite a heavy weight to dump on the shoulders of our chum with his clipboard and camera but over the years, we’ve noticed a distinct (and safe) pattern, when he gets busy, the stock market starts to do well in the months following.

Massive thanks to the kind folk who discovered a fascinating advert to visit on this page on Thursday. The clicks paid for the increase in Taylors coffee bean prices (not kidding!)

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:41:53PM	BRENT	110.92	108.98	108	106.84	110.6	111.43	112.05	114.59	109.1
3:47:30PM	GOLD	1847.08
3:49:34PM	FTSE	7400.39
3:51:59PM	FRANCE	6300.7									Shambles
3:55:02PM	GERMANY	14055	13850	13809	13746	13945	14160	14176	14342	14084
3:58:07PM	US500	3901
4:05:16PM	DOW	31253									Shambles
4:08:09PM	NASDAQ	11833									Success
4:10:29PM	JAPAN	26738

20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%

19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%

18/05/2022 FTSE Closed at 7438 points. Change of -1.06%. Total value traded through LSE was: £ 7,006,146,182 a change of 17.44%

17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%

16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%

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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:SNN Sanne Plc** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Aviva, Astrazeneca, Cellular Goods, Centrica, Diageo, Sanne Plc, Zoo Digital,

LSE:AV. Aviva. Close Mid-Price: 412.1 Percentage Change: + 0.78% Day High: 422.8 Day Low: 410

All Aviva needs are mid-price trades ABOVE 422.8 to improve acceleration ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10494 Percentage Change: + 2.38% Day High: 10578 Day Low: 10308

By the smallest of movements, this has now become interesting as above 105 ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.52 Percentage Change: -2.24% Day High: 1.62 Day Low: 1.52

Weakness on Cellular Goods below 1.52 will invariably lead to 0.82 with ……..

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LSE:CNA Centrica. Close Mid-Price: 88.18 Percentage Change: + 1.78% Day High: 89.2 Day Low: 86.96

All Centrica needs are mid-price trades ABOVE 89.2 to improve acceleratio ……..

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LSE:DGE Diageo. Close Mid-Price: 3598 Percentage Change: + 0.78% Day High: 3648 Day Low: 3578.5

This isn’t looking entirely hopeful as below 3530 now suggests weakness to ……..

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LSE:SNN Sanne Plc. Close Mid-Price: 893 Percentage Change: + 0.00% Day High: 896 Day Low: 887

In the event Sanne Plc experiences weakness below 887 it calculates with ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 112.5 Percentage Change: + 0.90% Day High: 112.5 Day Low: 111.5

Below 108 is looking slightly dodgy, allowing weakness to an initial 105 w ……..

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

#FTSE #WallSt

After Brexit, there were plenty of horror stories about how London would be devastated at the loss of banking jobs to Europe. Unsurprisingly, this has turned out not to be the case, the European Central Bank currently attempting to order UK banks to fill their pretend operations in Europe. Equally, the volume of derivatives traded in London was supposed to collapse and yet again, financial volumes remain pretty respectable.

A quick calculation reveals a steady climb in values traded through the stock market, up roughly 40% in the years since 2016. It certainly appears rumours of the death of London are turning out to lack substance.

However, despite the hysterical headlines as shown below, the reality for the FTSE is currently less dramatic. None of the writers appear capable of paying attention to the fact the FTSE isn’t even as low as it was just 7 sessions ago. Nor has the market broken through the uptrend since the pandemic low of March 2020. With the FTSE closing Thursday at 7,302 points, the UK market remains comfortably above the Russia inspired low in March, where the market reversed to 6,787 points. We prefer to think of the financial media as being (mostly) respectable but when headline writers appear to form a rabid pack, determined to give the impression of a disaster, it’s difficult to have any sympathy for their collectively failing circulation figures.

The funny thing, those folk who remember the dreadful days of 2008 and early 2009, when reversals felt remorseless and -2% days on the FTSE proved far from unusual, the headlines above fail to make any sense when appreciating this week has witnessed two up days, then two down days for the FTSE. At time of writing, it feels like Friday is scheduled to be a day of some gains, at least in the near term.

Above 7305 points calculates with the potential of movement to an initial 7353 points. If exceeded, our secondary works out at an even more respectable 7438 points. Allegedly, the tightest stop if this movement triggers works out at 7264 points and, to be honest, we’re a little fragile regarding the secondary target. It appears to be almost a free gift, something the FTSE tends be quite parsimonious about bestowing. Unfortunately, such a secondary target makes rather a lot of visual sense.

 

Our alternate scenario kicks in, should the market discover an excuse to slip below Thursdays low of 7228 points. Initially, we can argue for reversal toward 7180 points where we’d anticipate a short lived bounce. But should 7180 break, our secondary calculates at 7090, a level at which we’d hope for a real rebound.

The market needs break below 7090 points before we shall concede the scary headline writers maybe have a very real and very dangerous point. But at present, we suspect they’re simply trying to sell newspapers.

Massive thanks to the kind folk who discovered a fascinating advert to visit on this page on Thursday. The clicks paid for the increase in Taylors coffee bean prices (not kidding!)

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:52:16PM	BRENT	109.96	104.4	103.34		107.7	110.79	112.2		108.55	‘cess
9:54:23PM	GOLD	1841.97	1806	1791		1826	1849	1863		1826	Success
9:57:22PM	FTSE	7328.46	7224	7184		7289	7393	7413		7303	‘cess
9:59:12PM	FRANCE	6279.4	6236	6214		6262	6316	6345		6270	Success
10:02:29PM	GERMANY	13921	13677	13650		13777	13985	14053		13873
10:05:06PM	US500	3901.94	3856	3833		3923	3947	3976		3897	Success
10:07:04PM	DOW	31251	30984	30812		31282	31573	31824		31300	Success
10:09:31PM	NASDAQ	11899	11700	11622		11992	12081	12096		11882	‘cess
10:11:54PM	JAPAN	26373	26065	25975		26506	26556	26639		26347	‘cess

 

19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%

18/05/2022 FTSE Closed at 7438 points. Change of -1.06%. Total value traded through LSE was: £ 7,006,146,182 a change of 17.44%

17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%

16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%

11/05/2022 FTSE Closed at 7347 points. Change of 1.44%. Total value traded through LSE was: £ 9,304,334,633 a change of 45.01%

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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SNN Sanne Plc** **LSE:SPX Spirax** **LSE:TSCO Tesco** **

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Updated charts published on : AFC Energy, Aston Martin, Avacta, Cellular Goods, Centamin, Darktrace Plc, Experian, IG Group, Intertek, Just Eat, Royal Mail, Speedyhire, Sanne Plc, Spirax, Tesco,

LSE:AFC AFC Energy. Close Mid-Price: 25.34 Percentage Change: + 2.59% Day High: 25.5 Day Low: 23.22

Weakness on AFC Energy below 23.22 will invariably lead to 22 with second ……..

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LSE:AML Aston Martin Close Mid-Price: 678 Percentage Change: -1.97% Day High: 687.4 Day Low: 643.6

In the event Aston Martin experiences weakness below 643.6 it calculates ……..

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LSE:AVCT Avacta Close Mid-Price: 103 Percentage Change: -5.50% Day High: 109 Day Low: 102

Weakness on Avacta below 102 will invariably lead to 99 with secondary, i ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.56 Percentage Change: -10.86% Day High: 1.75 Day Low: 1.62

Target met. In the event Cellular Goods experiences weakness below 1.62 i ……..

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LSE:CEY Centamin. Close Mid-Price: 83.06 Percentage Change: + 0.41% Day High: 82.84 Day Low: 78.78

If Centamin experiences continued weakness below 78.78, it will invariabl ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 340 Percentage Change: + 5.20% Day High: 342.5 Day Low: 312.6

Target met. In the event Darktrace Plc experiences weakness below 312.6 i ……..

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LSE:EXPN Experian Close Mid-Price: 2506 Percentage Change: -0.52% Day High: 2516 Day Low: 2436

In the event Experian experiences weakness below 2436 it calculates with ……..

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LSE:IGG IG Group Close Mid-Price: 702 Percentage Change: -0.85% Day High: 709 Day Low: 689.5

Target met. Continued weakness against IGG taking the price below 689.5 c ……..

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LSE:ITRK Intertek Close Mid-Price: 4867 Percentage Change: -0.21% Day High: 4857 Day Low: 4748

Weakness on Intertek below 4748 will invariably lead to 4696 with seconda ……..

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LSE:JET Just Eat. Close Mid-Price: 1666.4 Percentage Change: + 4.59% Day High: 1668.4 Day Low: 1560.6

In the event Just Eat experiences weakness below 1415.8 it calculates wit ……..

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LSE:RMG Royal Mail Close Mid-Price: 300 Percentage Change: -12.38% Day High: 332.1 Day Low: 290.2

Target met. Continued weakness against RMG taking the price below 290.2 c ……..

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LSE:SDY Speedyhire Close Mid-Price: 45.1 Percentage Change: -4.04% Day High: 46.75 Day Low: 45.15

If Speedyhire experiences continued weakness below 45.15, it will invaria ……..

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LSE:SNN Sanne Plc Close Mid-Price: 893 Percentage Change: -0.33% Day High: 897 Day Low: 888

Weakness on Sanne Plc below 888 will invariably lead to 848 with secondar ……..

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LSE:SPX Spirax Close Mid-Price: 10230 Percentage Change: -2.29% Day High: 10395 Day Low: 10045

In the event Spirax experiences weakness below 10045 it calculates with a ……..

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LSE:TSCO Tesco Close Mid-Price: 255.1 Percentage Change: -4.13% Day High: 257.2 Day Low: 251.5

If Tesco experiences continued weakness below 251.5, it will invariably l ……..

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

#Gold #SP500

When a share or commodity appears to get out of control, it’s usually worth taking several steps back and reviewing the Big Picture. Often, it can be stunning how quickly “confused” becomes “understood”. For #Brent, we’ve presented a 15 year chart below and, as can be immediately seen, the visual results are utterly useless!

About the only sane result comes from the fact the recent high in the 130’s rather neatly matched the plateau from 2009 through to 2013, suggesting some sort of glass ceiling exists, a natural high the commodity is experiencing difficulty exceeding. The situation currently is pretty straightforward. Our calculations suggest above $130 should make an attempt at $152 next. If triggered, apparently such a movement shouldn’t even need a clever stop loss as the chart to this hypothetical 152 should prove relentless.

However, the Big Picture is utterly failing in its duty to provide an overall clue as to direction. Unfortunately, about the only path to sanity comes from the inset on the chart, Brent movements during the last three months.

 

If we take a deep breath and choose to break down what’s been happening;

1. Brent peaked in early March, almost reaching $140 (briefly) but failed to close the session above $128.
2. Subsequent rises have failed to trouble this initial high, instead describing a pattern of “lower highs” until this weeks surprise visit to $115.
3. Equally, when we review the pattern of ‘lows’, instead of constant ‘lower lows’, we see the lows getting very slightly higher. This behaviour goes against conventional wisdom as where we’d expect to see confidence weakening, instead there’s an insidious suggestion of strength building.
4. Finding ourselves in a situation where the Highs are not getting Higher and the Lows are not getting Lower, about the only safe conclusion we can draw is one, where it appears the market itself doesn’t have a clue what to do, instead choosing to maintain Brent Crude in some sort of holding pattern.

 

Quite absurdly, we’re supposed to believe this is all the fault of Russia/Ukraine while ignoring  the reality of Brent moving from the $20 level to $98 before the war started. It was ‘simply’ the case of demand growing for oil, due to the pandemic easing, and the critical balance between supply, storage, and demand getting out of kilter for a while. As a result, it appears any perceived resolution of the Ukraine conflict can be expected to provoke some sharp reversals in the price of crude.

For Brent, we’re inclined to regard $101 as a trigger level as movement currently below such a level should prove capable of sharp reversal to an initial $82. Should such a level break, our secondary works out at $65 and a very possible bounce level, when the product matches its pre-pandemic price.

For now, like the wider market, we’re not seeing any comfortable clues as to direction but, if we take an “if it were a share” stance, we’d tend anticipate $82 making a surprise appearance sometime soon.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:47PM	BRENT	107.9									Success
9:59:23PM	GOLD	1816.86	1807	1800	1788	1817	1826	1828	1835	1815
10:01:31PM	FTSE	7388.5									Success
10:03:48PM	FRANCE	6294.4									Success
10:06:11PM	GERMANY	13858									Success
10:08:31PM	US500	3917.62	3905	3888	3868	3932	3958	3978	4002	3920	Success
10:12:20PM	DOW	31433									Success
10:15:11PM	NASDAQ	11894									Success
10:18:33PM	JAPAN	26268									Success

 

18/05/2022 FTSE Closed at 7438 points. Change of -1.06%. Total value traded through LSE was: £ 7,006,146,182 a change of 17.44%

17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%

16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%

11/05/2022 FTSE Closed at 7347 points. Change of 1.44%. Total value traded through LSE was: £ 9,304,334,633 a change of 45.01%

10/05/2022 FTSE Closed at 7243 points. Change of 0.37%. Total value traded through LSE was: £ 6,416,543,760 a change of 2.54%

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:AV. Aviva** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:NG. National Glib** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **

********

Updated charts published on : Aviva, Cellular Goods, Centrica, Darktrace Plc, Experian, National Glib, Spirax, Tern Plc,

LSE:AV. Aviva. Close Mid-Price: 414 Percentage Change: + 2.06% Day High: 420.25 Day Low: 407.5

Further movement against Aviva ABOVE 420.25 should improve acceleration t ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.75 Percentage Change: -5.41% Day High: 1.85 Day Low: 1.75

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LSE:CNA Centrica. Close Mid-Price: 87.86 Percentage Change: + 3.93% Day High: 88.02 Day Low: 84.74

Target met. Continued trades against CNA with a mid-price ABOVE 88.02 sho ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 323.2 Percentage Change: -15.17% Day High: 379.9 Day Low: 319.8

Target met. Continued weakness against DARK taking the price below 319.8 ……..

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LSE:EXPN Experian Close Mid-Price: 2519 Percentage Change: -5.62% Day High: 2613 Day Low: 2468

Target met. Continued weakness against EXPN taking the price below 2468 c ……..

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LSE:NG. National Glib. Close Mid-Price: 1245.5 Percentage Change: + 0.69% Day High: 1266 Day Low: 1231

Target met. Further movement against National Glib ABOVE 1266 should impr ……..

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LSE:SPX Spirax Close Mid-Price: 10470 Percentage Change: -4.43% Day High: 11030 Day Low: 10495

Target met. Continued weakness against SPX taking the price below 10495 c ……..

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LSE:TERN Tern Plc. Close Mid-Price: 13 Percentage Change: + 0.00% Day High: 13 Day Low: 12.75

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

#FTSE #NK225

Our weekly delve into Europe to search for shares becoming interesting revealed yet another automotive related organisation, ALD [EU:ALD]. Perhaps the threat of Europe mobilising s throwing extra energy toward the leasing markets.  In fairness, ALD claim to be active in 43 countries worldwide and while their name may not be familiar, the fact they are the vehicle leasing arm of finance giant, Societe Generale, inspires more than a touch of confidence.

 

Our fascination with ALD comes from both a Big Picture perspective and also, from the near term. At time of writing, trading around 13.76€, visually, there’s quite a strong suggestion movement exceeding just 14.1 should promote some growth to an initial 14.9€.

By many standards, such a target ambition is liable to become quite a big deal.

Achieving our 14.9 target accomplishes a series of little victories. Firstly, it takes the price above the downtrend since 2018. Secondly, if betters the pre-pandemic high around 14€. And third, is describes a higher high, quite literally the best price achieved since 2018. And forth, it also gives a conclusive chance for the share price to close above the visual ‘Glass Ceiling’ which loiters at the 14€ level. As a result, we harbour considerable hope movement such as this shall fuel a long term success, if only due to the plethora of boxes being ticked.

In the event the share price manages to close above the 14.9 Euro level, we suspect a future movement capable of challenging its previous all time highs with a target level at 16€. If bettered, brand new heights become possible with a third target level at 19.3€.

By every conventional standard, ALD appear worth keeping an eye on.

For trouble to rear its head (such as announcing they intend supporting the resurrection of British marques such as Rover, Morris, or Hillman…) the price needs slump below 11 as this calculates with a reversal potential to an initial 9.4 with secondary, if broken, at a probable bottom of 8€. As can be assumed, nothing currently threatens such a calamity.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:56:11PM	BRENT	111.75									‘cess
9:57:51PM	GOLD	1815									‘cess
10:05:15PM	FTSE	7536	7452	7433	7397	7495	7543	7577	7619	7488	‘cess
10:08:57PM	FRANCE	6446									Success
10:11:41PM	GERMANY	14262
10:21:11PM	US500	4093.8									‘cess
10:26:00PM	DOW	32678									‘cess
10:27:54PM	NASDAQ	12572									Success
10:29:51PM	JAPAN	26830	26594	26504	26380	26718	26871	27031	27233	26723

 

17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%

16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%

11/05/2022 FTSE Closed at 7347 points. Change of 1.44%. Total value traded through LSE was: £ 9,304,334,633 a change of 45.01%

10/05/2022 FTSE Closed at 7243 points. Change of 0.37%. Total value traded through LSE was: £ 6,416,543,760 a change of 2.54%

9/05/2022 FTSE Closed at 7216 points. Change of -2.31%. Total value traded through LSE was: £ 6,257,631,157 a change of -11.88%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:ECO ECO (Atlantic) O & G** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:RKH Rockhopper** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **

********

Updated charts published on : Barclays, Cellular Goods, ECO (Atlantic) O & G, International Personal Finance, National Glib, Rockhopper, Standard Chartered, Vodafone,

LSE:BARC Barclays. Close Mid-Price: 155.86 Percentage Change: + 2.74% Day High: 157.08 Day Low: 152.18

All Barclays needs are mid-price trades ABOVE 157.08 to improve accelerat ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.85 Percentage Change: -2.63% Day High: 1.95 Day Low: 1.85

If Cellular Goods experiences continued weakness below 1.85, it will inva ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 28.4 Percentage Change: + 6.17% Day High: 28.5 Day Low: 26.75

Continued trades against ECO with a mid-price ABOVE 28.5 should improve t ……..

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LSE:IPF International Personal Finance Close Mid-Price: 86.2 Percentage Change: -3.79% Day High: 91 Day Low: 84.5

Weakness on International Personal Finance below 84.5 will invariably lea ……..

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LSE:NG. National Glib. Close Mid-Price: 1237 Percentage Change: + 0.69% Day High: 1239 Day Low: 1219.5

Continued trades against NG. with a mid-price ABOVE 1239 should improve t ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.19 Percentage Change: + 2.37% Day High: 8.28 Day Low: 7.54

This feels unhappy, pointing at movement below 7.5 bringing an initial 7.2 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 591.8 Percentage Change: + 0.71% Day High: 599.6 Day Low: 586.8

All Standard Chartered needs are mid-price trades ABOVE 599.6 to improve ……..

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LSE:VOD Vodafone. Close Mid-Price: 120.3 Percentage Change: + 0.20% Day High: 121.08 Day Low: 115.02

This is behaving badly, now suggesting below 115 shall bring reversal to a ……..

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

#Gold #Nasdaq

Rather than believing politicians or media, we inadvertently discovered another way of judging how things are going with The Pandemic. Simply put, a visit to a major drug company website reveals rather swiftly what the corporate world believes to be current. In the case of GSK, the company now trumpet “Our response to the situation in Ukraine”.

You need to do a little digging to discover references to Covid-19 and at time of writing, the easiest link was to scroll down to the very bottom of their corporate homepage to reveal this drug giant retains an interest in the field. Even a quick visit to the Chinese version of their website failed to reveal any great level of panic, despite there being occasional hints of “Major Covid outbreaks in Shanghai”. Perhaps it is indeed the case we should all embrace the new normal and join the corporate mindset by moving on with life.

 

It’s interesting GSK share price appears to be on the verge of becoming useful, almost at the point of challenging the pre-pandemic highs of 2020. This is creating a fascinating scenario as now above 1,817p suggests imminent moves to an initial 1,841p. In the event such a level is exceeded, quite likely with the price trading around 1,798p at time of writing, our secondary works out at 1,870p and a new all time high. Quite coyly, we’ve chosen to show a longer term 2,009p on the chart below as a viable long term ambition, representing a level at which we’d suspect some hesitation.

For everything to go horribly wrong, GSK needs below 1,700p as this calculates with the threat of reversal to an initial 1,625p. At such a level, we’d hope for a bounce as our secondary works out at an uptrend breaking 1,406p.

At present, we’re inclined toward optimism for this share price.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:00:41PM	BRENT	112.82									‘cess
11:02:43PM	GOLD	1824.1	1810	1806	1799	1818	1827	1831	1846	1813
11:05:10PM	FTSE	7468									‘cess
11:06:55PM	FRANCE	6356
11:08:47PM	GERMANY	14006.65
11:10:35PM	US500	4005.54									‘cess
11:12:18PM	DOW	32223									‘cess
11:14:26PM	NASDAQ	12247.24	12185	12089	11958	12303	12409	12463	12556	12270
11:16:34PM	JAPAN	26482									‘cess

16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%

11/05/2022 FTSE Closed at 7347 points. Change of 1.44%. Total value traded through LSE was: £ 9,304,334,633 a change of 45.01%

10/05/2022 FTSE Closed at 7243 points. Change of 0.37%. Total value traded through LSE was: £ 6,416,543,760 a change of 2.54%

9/05/2022 FTSE Closed at 7216 points. Change of -2.31%. Total value traded through LSE was: £ 6,257,631,157 a change of -11.88%

6/05/2022 FTSE Closed at 7387 points. Change of -1.55%. Total value traded through LSE was: £ 7,100,975,536 a change of 2.72%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:AV. Aviva** **LSE:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:SBRY Sainsbury** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **

********

Updated charts published on : Applied Graphene, Aviva, Block Energy PLC, Carclo, 4D Pharma, Foxtons, Hikma, British Airways, International Personal Finance, IQE, Ocado Plc, Sainsbury, Standard Chartered, The Trainline, Tesco,

LSE:AGM Applied Graphene. Close Mid-Price: 17 Percentage Change: + 0.00% Day High: 17 Day Low: 16.27

Weakness on Applied Graphene below 16. will invariably lead to 14.8 with s ……..

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LSE:AV. Aviva Close Mid-Price: 394.65 Percentage Change: -3.32% Day High: 401.35 Day Low: 384

Target Met or near enough. Below 394 now indicates 381 with quite a strong ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 1.48 Percentage Change: -4.84% Day High: 1.55 Day Low: 1.48

Something is going on here as above 1.55 now suggests the potential of mov ……..

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LSE:CAR Carclo. Close Mid-Price: 20.65 Percentage Change: + 0.73% Day High: 21 Day Low: 20

Continued weakness against CAR taking the price below 20 calculates as lea ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 33.25 Percentage Change: -2.49% Day High: 34.7 Day Low: 33

This has gotten dodgy and now, below 31 points at the potential of reversa ……..

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LSE:FOXT Foxtons Close Mid-Price: 36 Percentage Change: -1.37% Day High: 35.65 Day Low: 35.6

Continued weakness against FOXT taking the price below 35 calculates as le ……..

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LSE:HIK Hikma Close Mid-Price: 1711 Percentage Change: -0.75% Day High: 1737.5 Day Low: 1696.5

Now below 1651 suggests 1571 next with secondary, if broken, at 1504 and h ……..

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LSE:IAG British Airways Close Mid-Price: 121.9 Percentage Change: -1.02% Day High: 123.24 Day Low: 120.04

It’s still the case below 120 points at 118 next with secondary, if broken ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 89.6 Percentage Change: + 3.58% Day High: 88 Day Low: 84.7

If International Personal Finance experiences continued weakness below 84. ……..

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LSE:IQE IQE. Close Mid-Price: 29.1 Percentage Change: + 0.52% Day High: 29.35 Day Low: 28

If IQE experiences continued weakness below 28, it will invariably lead to ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 811.8 Percentage Change: + 0.12% Day High: 822.6 Day Low: 794.8

Above 823 now should signal surprise recovery to an initial 871 with secon ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 244.6 Percentage Change: + 2.43% Day High: 245.4 Day Low: 238

Now looking a little interesting, above 246 suggests the potential of near ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 587.6 Percentage Change: + 1.07% Day High: 588.4 Day Low: 572.8

Target Met. Above 589 now signals the concept of a visit to 615 next with ……..

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LSE:TRN The Trainline Close Mid-Price: 288.7 Percentage Change: -4.66% Day High: 302.1 Day Low: 288.4

This is starting to become interesting as above 306 now calculates with th ……..

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LSE:TSCO Tesco. Close Mid-Price: 286.7 Percentage Change: + 1.96% Day High: 287.8 Day Low: 279.7

This has potentials, now looking capable of movement above 288 bringing an ……..

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

#Brent_Futures #DAX

Barclays share price remains behaving, to use a technical term, “utterly uselessly”. To judge by movements since April, one could almost imagine they’ve announced a forthcoming move to new headquarters in Moscow with Boris Johnston organising the grand opening party. The Blue line on the chart dates back to 2013 and about the only thing we must concede is the share price is paying close attention to it.

In an update to our numbers, now below 140p threatens reversal to an initial target level of 127p. Oddly, we’ve separate criteria pointing at such a drop ambition, creating a situation where we’d anticipate a solid bounce if such a target level appears. Our longer term secondary calculates down at 98p but, aside from this sort of price level making an appearance in 2020, very little visually backs up any logic pointing at such a target level. And in any case, the inset on the chart appears to enforce our thoughts the market doesn’t want Barclays to drop. It just doesn’t want the share price to go up either!

 

Presently trading around 150p, our inclination is to allocate 169p as a trigger level, our thought process suggesting should this share price trade above 169p, “proper” recovery should prove difficult to restrain. In this scenario, sharp movement to an initial 189 looks very possible with secondary, if exceeded, calculating at 213p. Visually, there appears to be a threat of hesitation, should this 213p make an appearance as some sort of glass ceiling becomes extremely probable. The chart inset suggests, with Barclays, it’s all just a matter of patience. He’s hoping!

Wall St (DOWi:DJI)  When we previously reviewed Wall St in March, we’d proposed the threat of reversal to the 31,000 level. At the time it was trading around 33,900, so it was quite a big drop to consider. The US market hit 31,200 last week, making us question whether this shall be deemed “close enough”, creating a situation where we should anticipate a bounce?

It certainly appears to be the case. The bounce just above our Big Picture target level should have faded away by 32,200 points as, theoretically, there was only sufficient force to fuel a 1,000 point rebound. However, the market bounced higher, futures even joining in the fun by reaching 32,300 points. Maybe it is the case, by bouncing just before our drop target and bouncing higher than initial calculations permitted, we should now regard Wall St as enjoying some hidden strength.

This being the case, now above 32,300 calculates with the potential of ongoing recovery to an initial 32,600 with secondary, if exceeded, working out at 33,170 points. Of course, there’s a little problem with this secondary ambition as it fails to trouble the level at which the Red uptrend was broken (33,650 points), calling into question the integrity of any recovery. Currently we can calculate a third level target, should 33,170 be exceeded, at 33,900 points but, to be honest, we don’t expect it. Instead, the market “feels” like it risks experiencing a slow down for a while.

If trouble is planned in the days ahead, Wall St now needs below 31,400 to justify serious concern as we can point out new drop target levels at an initial 30,100 with secondary 28,000.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
5:31:12PM	BRENT	110.45	107	106.81	105.45	109.03	110.84	111.17	114.66	109.5	‘cess
5:34:10PM	GOLD	1812.31									Success
5:36:57PM	FTSE	7426.11									Success
5:40:03PM	FRANCE	6367									Success
5:42:19PM	GERMANY	14041.87	13785	13772	13671	13935	14071	14179	14481	13875	Success
5:44:15PM	US500	4023.02									Success
5:46:28PM	DOW	32206									‘cess
5:49:18PM	NASDAQ	12379									Success
6:23:03PM	JAPAN	26626									Success

13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%

12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%

11/05/2022 FTSE Closed at 7347 points. Change of 1.44%. Total value traded through LSE was: £ 9,304,334,633 a change of 45.01%

10/05/2022 FTSE Closed at 7243 points. Change of 0.37%. Total value traded through LSE was: £ 6,416,543,760 a change of 2.54%

9/05/2022 FTSE Closed at 7216 points. Change of -2.31%. Total value traded through LSE was: £ 6,257,631,157 a change of -11.88%

6/05/2022 FTSE Closed at 7387 points. Change of -1.55%. Total value traded through LSE was: £ 7,100,975,536 a change of 2.72%

5/05/2022 FTSE Closed at 7503 points. Change of 0.13%. Total value traded through LSE was: £ 6,912,828,845 a change of 20.87%

 

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:AV. Aviva** **LSE:BLVN Bowleven** **LSE:BT.A British Telecom** **LSE:ECO ECO (Atlantic) O & G** **LSE:IGAS Igas Energy** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:STAN Standard Chartered** **

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Updated charts published on : Aviva, Bowleven, British Telecom, ECO (Atlantic) O & G, Igas Energy, IQE, Lloyds Grp., Standard Chartered,

LSE:AV. Aviva. Close Mid-Price: 408.2 Percentage Change: + 2.54% Day High: 409.1 Day Low: 401.2

This is getting extremely confusing as below 394 now indicates coming reve ……..

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View Previous Aviva & Big Picture ***

LSE:BLVN Bowleven. Close Mid-Price: 2.75 Percentage Change: + 0.00% Day High: 2.87 Day Low: 2.75

Now below 2.5 indicates the potential of reversal to an initial 1.5 with s ……..

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View Previous Bowleven & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 180.6 Percentage Change: + 1.38% Day High: 180.55 Day Low: 172

It’s now the case above 190 should make an attempt at an initial 206 with ……..

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View Previous British Telecom & Big Picture ***

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 26.75 Percentage Change: + 1.90% Day High: 27.25 Day Low: 26

Now below 25 suggests coming drips down to an initial 22 with secondary, i ……..

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View Previous ECO (Atlantic) O & G & Big Picture ***

LSE:IGAS Igas Energy. Close Mid-Price: 36.4 Percentage Change: + 1.11% Day High: 38.6 Day Low: 36.3

Above 40 now has the potential of a lift to 44 with secondary, if exceeded ……..

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View Previous Igas Energy & Big Picture ***

LSE:IQE IQE Close Mid-Price: 28.95 Percentage Change: -2.36% Day High: 29.9 Day Low: 28.25

If IQE experiences continued weakness below 28.25, it will invariably lea ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 43.88 Percentage Change: + 2.13% Day High: 44.1 Day Low: 43.35

This nightmare appears to be getting nasty, now suggesting below 43 shall ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 581.4 Percentage Change: + 2.90% Day High: 585.2 Day Low: 571.2

In the event of Standard Chartered enjoying further trades beyond 585.2, ……..

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