Trends And Targets

#Brent #Dax_Futures Sometimes it feels we are taking some sort of green initiative, essentially recycling our thoughts on Barclays every three weeks. As a result of actually doing something green over the weekend, we’re opting to take a different approach and starting afresh.  Perhaps turning a dud Microwave into a Rock Tumbler wasn’t entirely green but it was fun, the almost finished product looking strangely well made!

 

We’d replaced the kitchen microwave a month ago and, being stubborn about taking the old one to the dump, was getting fed up tripping over it in the shed. Due to radiation risks, the idea of repairing the old machine was never an issue. It had started turning off with a dramatic thud and with Xmas approaching, was immediately retired. But the machine looked as clean and shiny as the day we’d bought it and guilty of messing around with electrics and electronics, I was confident it must contain some good bits.

A grand-daughter, when she visits, is worse than a puppy when it comes to collecting stones from the sea shore, often spending hours decorating them on the dining room table. After tripping over the microwave yet again on Saturday, inspiration struck. The machine obviously has a rotating base which implied the presence of an electric motor with low speed gearing. I’ve always wanted to build a Rock Tumbler for the girls, the idea being they visit, they collect rocks, we toss them in the tumbler with some sand, and when they return in two weeks, they’ve got highly polished stones and sea glass.

By Sunday afternoon, the microwave had literally none of its contents left, instead the case containing just the motor which was now employed full time turning a horizontal plastic container, suspended on some rollers. It still looked like a microwave but the noise of rocks tumbling around in abrasive sand was suitably silenced. For some reason, a crucial detail hadn’t been addressed in the bout of creative genius. It transpires a rock tumbler turns at between 40 and 60 times per minute. My microwave version turns 8 times per minute… “Going to need a bigger motor!”

 

With Barclays, opting to delete all previous lines and targets in an effort to stop recycling our thoughts has already encouraged a change of thinking, albeit one which should surprise no-one.. Since 2016 the share price has been bouncing above and below a pivot level of just 191p. Even with the pandemic, this horizontal trend managed to remain relevant with a remarkable degree of arithmetic precision. From our perspective, this is quite useful as it carries an almost certain implication of the share price requiring exceed 220p to signal it’s moving away from the trend. In such a scenario, we are now looking for growth to an initial 234p with our longer term secondary, if the initial is exceeded, calculating at 288p, along with the visual promise of some hesitation.

To justify concern, the share price currently needs close a session below 184p as this risks tossing it into a zone where reversal to an initial 160p with secondary, if broken, a hopeful bottom at 132p works out as possible.

We’re inclined toward optimism here but similar to the repurposed microwave, it’s going to need a lot of patience.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:10:06PM	BRENT	92.26	89.03	87.85	86.22	91.4	92.74	93.38	94.83	91.25	Success
9:11:56PM	GOLD	1897.17
9:55:21PM	FTSE	7508.21									Shambles
9:58:08PM	FRANCE	6945
10:04:00PM	GERMANY	15040.75	14978	14914	14705	15137	15155	15170	15234	15061	‘cess
10:06:19PM	US500	4375.12									‘cess
10:22:25PM	DOW	34283									‘cess
10:25:02PM	NASDAQ	14114.77									‘cess
10:28:03PM	JAPAN	26857									Shambles

18/02/2022 FTSE Closed at 7513 points. Change of -0.32%. Total value traded through LSE was: £ 6,423,213,414 a change of 12%

17/02/2022 FTSE Closed at 7537 points. Change of -0.87%. Total value traded through LSE was: £ 5,734,831,803 a change of -14.78%

16/02/2022 FTSE Closed at 7603 points. Change of -0.07%. Total value traded through LSE was: £ 6,729,531,357 a change of 15.27%

15/02/2022 FTSE Closed at 7608 points. Change of 1.02%. Total value traded through LSE was: £ 5,838,071,822 a change of -10.14%

14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%

11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:DARK Darktrace Plc** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:MKS Marks and Spencer** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **

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Updated charts published on : Asos, Darktrace Plc, Hargreaves Lansdown, Hurrican Energy, Igas Energy, Marks and Spencer, Royal Mail, Speedyhire, Spirax, Standard Chartered,

LSE:ASC Asos Close Mid-Price: 1959.5 Percentage Change: -2.17% Day High: 2011 Day Low: 1944

Continued weakness against ASC taking the price below 1944 calculates as ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 324 Percentage Change: + 1.31% Day High: 332.2 Day Low: 306.8

Continued weakness against DARK taking the price below 306.8 calculates a ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1277.5 Percentage Change: -0.82% Day High: 1300 Day Low: 1276

Weakness on Hargreaves Lansdown below 1276 will invariably lead to 1194 a ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 7.1 Percentage Change: -6.58% Day High: 8.98 Day Low: 6.75

Further movement against Hurrican Energy ABOVE 8.98 should improve accele ……..

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LSE:IGAS Igas Energy Close Mid-Price: 17.75 Percentage Change: -5.08% Day High: 18.95 Day Low: 17.9

In the event of Igas Energy enjoying further trades beyond 18.95, the sha ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 184.6 Percentage Change: -0.75% Day High: 188.65 Day Low: 183.9

Continued weakness against MKS taking the price below 183.9 calculates as ……..

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LSE:RMG Royal Mail Close Mid-Price: 419.1 Percentage Change: -0.62% Day High: 425.2 Day Low: 419.7

In the event Royal Mail experiences weakness below 419.7 it calculates wi ……..

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LSE:SDY Speedyhire Close Mid-Price: 55.3 Percentage Change: -1.07% Day High: 56.1 Day Low: 54.9

If Speedyhire experiences continued weakness below 54.9, it will invariab ……..

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LSE:SPX Spirax Close Mid-Price: 11690 Percentage Change: -1.60% Day High: 11870 Day Low: 11660

In the event Spirax experiences weakness below 11660 it calculates with a ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 579.2 Percentage Change: + 3.80% Day High: 581.8 Day Low: 553.6

Continued trades against STAN with a mid-price ABOVE 581.8 should improve ……..

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

#FTSE #FreeFutures As the nation waits, terrified, for the incoming storm, we’re forced to wonder how the stock markets shall be affected with a looming Armageddon event, rated RED by the Met Office. Trains not running, schools closed, even the threat of a couple of centimetres of snow. Swindon is even closing the libraries! Somehow, the media seem to forget; “it’s winter, we get storms” and instead, allocate levels of hysteria not seen since last week. The printed media appear blissfully unaware hysteria no longer sells newspapers, instead opting to embrace the cry of “wolf” in the hope they get something right for a change.

 

Thankfully, the FTSE remains trading in a relatively safe position and unless the incoming storm does something extraordinary, we suspect the London market shall continue it’s current slow dance of going up a bit, then down a bit, but essentially remaining marching on the spot. When we review movements since the start of this year, it looks like a pivot level has been established at around 7474 points, the visuals suggesting movement now below such a point should trigger reversal to an initial 7380 with secondary, if broken, at 7277 points along with a probable rebound.

We would warn there’s a major problem with a secondary such as this, the movement taking the index yet again below Blue on the chart, a downtrend established before Covid hit the fan. Closure below this trend line risks being quite nasty, taking the UK index into a region where bottom calculates at 6897 points eventually. Visually, quite a lot of things need happen before we’d feel justified in issuing our own equivalent of a RED warning.

Near term, with the market closing Thursday at 7529 points, we feel it need only exceed 7540 points to bring gains toward an initial 7570 points. If bettered, our secondary calculation comes along with 7603 points. While these target levels are relatively tame, they conform to a suspicion the market is in placeholder mode, until such time decisions are made on Russia, Covid-19, or the UK PM.

On a brighter note, it was announced the guy who “fiddled” the Formula 1 race ending to cheat Louis Hamilton out of a world championship finish has lost his job. And with the first Grand Prix of 2022 only 30 days away, all this good news must surely ensure the FTSE experiences a happier day on Friday, despite the weather…

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:43:37PM	BRENT	91.53	90.8	90.185		91.96	93.22	94.655		91.24
9:45:31PM	GOLD	1898.86	1882	1877		1895	1901	1905		1885	Success
9:47:48PM	FTSE	7511.86	7491	7474		7526	7554	7567		7518	Success
9:51:36PM	FRANCE	6919.7	6903	6876		6958	6976	6987		6933	Shambles
9:55:02PM	GERMANY	15174	15130	15098		15276	15317	15390		15245	‘cess
9:57:58PM	US500	4381.52	4372	4364		4431	4445	4458		4405	Success
10:01:28PM	DOW	34321	34224	34150		34581	34735	34794		34463	Success
10:04:00PM	NASDAQ	14164	14139	14016		14393	14438	14548		14316
10:07:00PM	JAPAN	26882	26863	26813		27013	27204	27248		27063	Success

17/02/2022 FTSE Closed at 7537 points. Change of -0.87%. Total value traded through LSE was: £ 5,734,831,803 a change of -14.78%

16/02/2022 FTSE Closed at 7603 points. Change of -0.07%. Total value traded through LSE was: £ 6,729,531,357 a change of 15.27%

15/02/2022 FTSE Closed at 7608 points. Change of 1.02%. Total value traded through LSE was: £ 5,838,071,822 a change of -10.14%

14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%

11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

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

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

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

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

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

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

Click Epic to jump to share: LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:PPC President Energy** **LSE:SCLP Scancell** **

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Updated charts published on : Darktrace Plc, Diageo, ECO (Atlantic) O & G, Fresnillo, Hurrican Energy, Igas Energy, IG Group, Marks and Spencer, Oxford Instruments, President Energy, Scancell,

LSE:DARK Darktrace Plc Close Mid-Price: 319.8 Percentage Change: -6.93% Day High: 344.6 Day Low: 316.6

If Darktrace Plc experiences continued weakness below 316.6, it will inva ……..

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LSE:DGE Diageo. Close Mid-Price: 3616 Percentage Change: + 0.31% Day High: 3639.5 Day Low: 3586.5

Weakness on Diageo below 3586.5 will invariably lead to 3580 with seconda ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 36 Percentage Change: + 2.13% Day High: 37.25 Day Low: 35.15

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 37. ……..

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LSE:FRES Fresnillo. Close Mid-Price: 695 Percentage Change: + 4.29% Day High: 696 Day Low: 668

Continued trades against FRES with a mid-price ABOVE 696 should improve t ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 7.6 Percentage Change: + 31.72% Day High: 8.37 Day Low: 5.85

Target met. Continued trades against HUR with a mid-price ABOVE 8.37 shou ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 18.7 Percentage Change: + 3.31% Day High: 18.7 Day Low: 17.6

Further movement against Igas Energy ABOVE 18.7 should improve accelerati ……..

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LSE:IGG IG Group. Close Mid-Price: 772.5 Percentage Change: + 1.11% Day High: 774 Day Low: 760

Continued weakness against IGG taking the price below 760 calculates as l ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 186 Percentage Change: -2.54% Day High: 191.65 Day Low: 186.2

Weakness on Marks and Spencer below 186.2 will invariably lead to 173 wit ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1944 Percentage Change: -3.28% Day High: 2005 Day Low: 1900

Target met. Continued weakness against OXIG taking the price below 1900 c ……..

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LSE:PPC President Energy Close Mid-Price: 1.54 Percentage Change: -0.65% Day High: 1.55 Day Low: 1.52

In the event President Energy experiences weakness below 1.52 it calculat ……..

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LSE:SCLP Scancell Close Mid-Price: 14 Percentage Change: -0.88% Day High: 14.2 Day Low: 13.62

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

#France #Dow As a consumer, one thing I detest is being treated as a fool. Currently, the thing which really irritates is the sneaky practice of downsizing products. Suddenly, toilet rolls are no longer as wide and soon we’ll get two on a dispenser. Then there’s Diet Cola. For ages, a 2 Ltr bottle has cost 2 quid locally. Now, it’s just 1.5 Ltrs for 2 quid and as for dog treats, a particular product has shrunk from 15cm to 10cm but the packaging remains the original size. In fairness, the preferred mixer of choice for dark Rum has become Morrison’s own brand Diet Cola. It’s just 59p for 2 litres and difficult to fault on the flavour front.

One of the retail industry spokesmen has predicted food prices shall double during 2022, a trend which is already well under way. Surely this shall produce a solid bottom line for supermarket chains. After all, if a weekly shop goes from £100 to £200, should we not expect profits to experience a similar proportionate rise, giving interesting future earnings?

 

Currently Sainsbury share price is looking slightly worrying. Weakness anytime soon below 274p looks capable of triggering reversals down to an initial 264p with secondary, if broken, calculating down at a longer term 235p and hopefully a bounce. Of course, there’s a ‘however’ as it’s probably the Russia thing which was used to promote recent blips below the trend.

Instead, above 300p now has a visual impression of breaking through a glass ceiling, one which allows for recovery to an initial 326p with secondary, if bettered, at a more distant 346p. We’ve included a Really Big Picture chart below, showing the implications, if our secondary ambitions take effect. Movement like this will take the share into official “higher high” territory, allowing a cycle to an eventual 514p to commence. It’s easy to speculate a substantial rise in profits could easily break the share price from the hiatus which has existed since 2014.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:56PM	BRENT	91.93
9:49:50PM	GOLD	1853.34									Shambles
9:54:07PM	FTSE	7591
9:56:48PM	FRANCE	6978	6906	6897	6867	6956	6988	7025	7064	6928	‘cess
9:59:09PM	GERMANY	15418									‘cess
10:01:33PM	US500	4465.37									‘cess
10:03:42PM	DOW	34957									‘cess
10:06:16PM	NASDAQ	14601.85	14434	14374	14290	14570	14626	14690	14783	14501	Success
10:08:42PM	JAPAN	27445									‘cess

16/02/2022 FTSE Closed at 7603 points. Change of -0.07%. Total value traded through LSE was: £ 6,729,531,357 a change of 15.27%

15/02/2022 FTSE Closed at 7608 points. Change of 1.02%. Total value traded through LSE was: £ 5,838,071,822 a change of -10.14%

14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%

11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

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:BT.A British Telecom** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:EZJ EasyJet** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : British Telecom, Diageo, ECO (Atlantic) O & G, Empyrean, EasyJet, Hurrican Energy, IG Group, IQE, Marks and Spencer, Oxford Instruments,

LSE:BT.A British Telecom. Close Mid-Price: 200.9 Percentage Change: + 1.57% Day High: 201 Day Low: 197.3

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LSE:DGE Diageo Close Mid-Price: 3605 Percentage Change: -2.05% Day High: 3678.5 Day Low: 3595.5

In the event Diageo experiences weakness below 3595.5 it calculates with ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 35.25 Percentage Change: + 8.80% Day High: 35.25 Day Low: 32

Target met. In the event of ECO (Atlantic) O & G enjoying further trades ……..

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LSE:EME Empyrean. Close Mid-Price: 7.5 Percentage Change: + 2.74% Day High: 8.15 Day Low: 6.95

Continued trades against EME with a mid-price ABOVE 8.15 should improve t ……..

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LSE:EZJ EasyJet Close Mid-Price: 714.8 Percentage Change: -0.06% Day High: 729.2 Day Low: 707.6

Continued trades against EZJ with a mid-price ABOVE 729.2 should improve ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 5.77 Percentage Change: + 11.50% Day High: 5.92 Day Low: 5

All Hurrican Energy needs are mid-price trades ABOVE 5.92 to improve acce ……..

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LSE:IGG IG Group Close Mid-Price: 764 Percentage Change: -0.84% Day High: 774.5 Day Low: 764

If IG Group experiences continued weakness below 764, it will invariably ……..

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LSE:IQE IQE. Close Mid-Price: 41.3 Percentage Change: + 11.02% Day High: 42.85 Day Low: 39.05

Target met. Further movement against IQE ABOVE 42.85 should improve accel ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 190.85 Percentage Change: -0.78% Day High: 194.85 Day Low: 187.1

Target met. If Marks and Spencer experiences continued weakness below 187 ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2010 Percentage Change: -0.50% Day High: 2080 Day Low: 1958

If Oxford Instruments experiences continued weakness below 1958, it will ……..

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

#FTSE #Nasdaq Oil producer Pantheon, working in Alaska and incorporated in the UK, appear worthy of some research, if only due to some recent strong share price movements. Upon reading of their Alaska exploits, our first thought was to check how far away their operations are from Nome, the famed home of Bering Sea Gold on the Discovery channel. Let’s just say there is absolutely no chance of any features on oil cropping up on our favourite ice diving show. Alaska is a big place.

 

We frequently complain visits to corporate websites can prove quite boring but in the case of Pantheon, it proved a fascinating place to spend time, disappearing down a rabbit hole for over an hour in the name of familiarising ourselves with something which has absolutely no bearing on our calculations. The primary reason for any research is to assure ourselves we’re not intending write about a subject which is the focus of ‘an enhanced expectation campaign’ on an internet chatroom about an AIM listed company. In this instance, we’re happy to continue and express some optimism for the future too.

Firstly, for everything to go pear shaped, the share price requires close a session below 91p. From glancing at the chart acceleration, this appears an unlikely suggestion but of course, we never know if a company intend issue some dire news.

Instead, the immediate situation suggests growth continuing above 146p should make an attempt at an initial 166p with secondary, if exceeded, calculating at 180p. The visuals imply the 180p level should prove capable of some hesitation, thanks to this representing a series of highs back in 2016. Invariably, a bunch of folk will have seen their funds take a prolonged holiday since 2016, doubtless watching in utter horror as the price explored the 7p level in 2020. Thankfully, the period since has witnessed strong acceleration and in this particular instance, we can even risk proposed a third target level should 180p be exceeded. Such an event works out with the potential of 220p, a new all time high since the share was initially listed back in 2006.sdy150222.jpg

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:56PM	BRENT	91.93
9:49:50PM	GOLD	1853.34									Shambles
9:54:07PM	FTSE	7591	7546	7525	7496	7595	7618	7635	7689	7565
9:56:48PM	FRANCE	6978									‘cess
9:59:09PM	GERMANY	15418									‘cess
10:01:33PM	US500	4465.37									‘cess
10:03:42PM	DOW	34957									‘cess
10:06:16PM	NASDAQ	14601.85	14434	14374	14290	14570	14626	14690	14783	14501	Success
10:08:42PM	JAPAN	27445									‘cess

15/02/2022 FTSE Closed at 7608 points. Change of 1.02%. Total value traded through LSE was: £ 5,838,071,822 a change of -10.14%

14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%

11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

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:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:MKS Marks and Spencer** **LSE:PPC President Energy** **LSE:SDY Speedyhire** **

********

Updated charts published on : Avacta, BALFOUR BEATTY, Darktrace Plc, Fresnillo, Glencore Xstra, Marks and Spencer, President Energy, Speedyhire,

LSE:AVCT Avacta. Close Mid-Price: 60.5 Percentage Change: + 18.63% Day High: 64 Day Low: 46

Movement now above 64 suggests the potential of an initial 75p with second ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 245.6 Percentage Change: + 0.33% Day High: 247.4 Day Low: 240

Continued weakness against BBY taking the price below 240 calculates as l ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 359.6 Percentage Change: -0.88% Day High: 360.2 Day Low: 337.2

In the event Darktrace Plc experiences weakness below 337.2 it calculates ……..

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LSE:FRES Fresnillo Close Mid-Price: 642.8 Percentage Change: -3.45% Day High: 673.4 Day Low: 639

Further movement against Fresnillo ABOVE 673.4 should improve acceleratio ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 427 Percentage Change: + 1.16% Day High: 442.35 Day Low: 423.75

All Glencore Xstra needs are mid-price trades ABOVE 442.35 to improve acc ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 192.35 Percentage Change: + 0.29% Day High: 194.95 Day Low: 190.25

In the event Marks and Spencer experiences weakness below 190.25 it calcu ……..

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LSE:PPC President Energy Close Mid-Price: 1.55 Percentage Change: -1.59% Day High: 1.57 Day Low: 1.55

If President Energy experiences continued weakness below 1.55, it will in ……..

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LSE:SDY Speedyhire Close Mid-Price: 56.4 Percentage Change: -0.70% Day High: 57.1 Day Low: 56.2

In the event Speedyhire experiences weakness below 55, it calculates with ……..

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

#Gold #SP500_futures Sooner or later, someone will do a comedy sketch about Asset Management company websites. When we’re asked to feature one, trying to figure out what they actually do is generally cleverly concealed, thanks to the web designer failing to understand anything they’ve been told. For instance, with Impax, their “About Us” statement is shown below.

It’s a lovely sentence, one which reveals nothing. But judging by their website, Impax are clearly impressed with their own “green” credentials but a little less candid on revealing how they actually make money.

 

Unfortunately, the company share price future is looking rather less polished than their web presence. It’s a share which experienced a pandemic low of 191p in 2020. In the period since, the performance from such a level has been amazing, the price eventually topping out at 1508p last December. The climb was truly remarkable and relentless but unfortunately, the wheels started to come off last month with the share price currently exhibiting quite unsettling behaviour.

As the chart below highlights, the share price is experiencing a series of “lower lows”, closing Valentines Day not with a kiss but more, a head-but at 985p. The immediate cycle suggests weakness below 968p threatens reversal down to 931p, a level which appears capable of producing a fairly major issue.

From our perspective, we’d generally hope for a bounce, should 931p make an appearance but we’ve an issue with the method the market used to break the price through the Red uptrend. On January 24th, the price was gapped down to 1138p, a very deliberate movement (circled) from the previous days close of 1150p. The market had apparently made a decision but by the start of February, we were confused by the share exceeding the level of trend break, climbing to 1162p. This sort of thing carries a vague suggestion of the trend which was broken, not actually being a real trend. If this is indeed the case, our drop calculations could easily prove as reliable as a Boris Johnston party excuse.

Cutting to the chase, below 931p works out with a serious threat of a cycle commencing to 608p. If broken, our secondary calculates at 511p. Were it not for the (short lived) recovery at the start of February, we’d already be comfortable suggesting this cycle has commenced, especially as the share price needs a miracle recovery above the previous 1162p high to get out of this mess. In mitigation, while contemplating such a strong reversal, it’s probably worth remembering this is a share which was trading at 400p pre-Covid, leading to a suspicion any visit to 608p, while dreadful for those who invested on the basis last years strong climb would go on for ever, visually gives substantial hope for a bounce, if 608p chooses to visit.

In conclusion, we’d advocate watching very closely, if the price falls to 931p anytime soon. Our rule of thumb is to watch for any break below this target level, especially on any initial surge down. Experience has taught this behaviour ticks a pretty major box to indicate future direction. Who knows, maybe it shall bounce from 931p without any dramatics.

As ever, many thanks to those who take the trouble to visit a fascinating advert on this page, the action buying us a coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:27:57PM	BRENT	94.71									‘cess
10:30:34PM	GOLD	1872.2	1850	1842	1831	1862	1874	1877	1890	1854	‘cess
10:42:27PM	FTSE	7526									Success
10:45:29PM	FRANCE	6817.7									Success
10:47:36PM	GERMANY	15091.63									Success
10:49:27PM	US500	4403.27	4360	4343	4314	4403	4433	4454	4485	4400	‘cess
10:53:12PM	DOW	34564									‘cess
11:04:37PM	NASDAQ	14280
11:06:35PM	JAPAN	27052

14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%

11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:QFI Quadrise** **LSE:SPX Spirax** **LSE:ZOL Zoldav** **

********

Updated charts published on : Asos, Avacta, Capita, 4D Pharma, Diageo, Experian, Hikma, Hurrican Energy, IG Group, IQE, Omega Diags, Oxford Instruments, Primary Health, Quadrise, Spirax, Zoldav,

LSE:ASC Asos Close Mid-Price: 2023 Percentage Change: -0.74% Day High: 2043 Day Low: 1950

Weakness on Asos below 1950 will invariably lead to 1888 with secondary, ……..

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LSE:AVCT Avacta Close Mid-Price: 51 Percentage Change: -16.39% Day High: 60.5 Day Low: 51

Target met. In the event Avacta experiences weakness below 51 it calculat ……..

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LSE:CPI Capita Close Mid-Price: 30.58 Percentage Change: -1.86% Day High: 30.87 Day Low: 29.76

If Capita experiences continued weakness below 29.76, it will invariably ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 32.2 Percentage Change: -5.85% Day High: 33.55 Day Low: 32

Weakness on 4D Pharma below 32 will invariably lead to 28 with secondary ……..

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LSE:DGE Diageo Close Mid-Price: 3632 Percentage Change: -2.30% Day High: 3679 Day Low: 3609

Continued weakness against DGE taking the price below 3609 calculates as ……..

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LSE:EXPN Experian Close Mid-Price: 2865 Percentage Change: -2.05% Day High: 2879 Day Low: 2798

Target met. If Experian experiences continued weakness below 2798, it wil ……..

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LSE:HIK Hikma Close Mid-Price: 1946 Percentage Change: -0.99% Day High: 1968 Day Low: 1935.5

Continued weakness against HIK taking the price below 1935.5 calculates a ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 5.28 Percentage Change: + 3.68% Day High: 5.42 Day Low: 4.8

Further movement against Hurrican Energy ABOVE 5.42 should improve accele ……..

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LSE:IGG IG Group Close Mid-Price: 775.5 Percentage Change: -0.32% Day High: 781.5 Day Low: 765.5

Weakness on IG Group below 765.5 will invariably lead to 747 with seconda ……..

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LSE:IQE IQE Close Mid-Price: 34.75 Percentage Change: -5.95% Day High: 38.75 Day Low: 34.3

In the event of IQE enjoying further trades beyond 38.75, the share shoul ……..

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LSE:ODX Omega Diags Close Mid-Price: 5.35 Percentage Change: -8.94% Day High: 5.88 Day Low: 4.92

Continued weakness against ODX taking the price below 4.92 calculates as ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2030 Percentage Change: -2.40% Day High: 2080 Day Low: 2005

Target met. In the event Oxford Instruments experiences weakness below 20 ……..

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LSE:PHP Primary Health Close Mid-Price: 133.6 Percentage Change: -1.04% Day High: 135 Day Low: 132.6

Weakness on Primary Health below 132.6 will invariably lead to 131 with s ……..

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LSE:QFI Quadrise Close Mid-Price: 1.59 Percentage Change: -11.67% Day High: 1.7 Day Low: 1.54

Target met. In the event Quadrise experiences weakness below 1.54 it calc ……..

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LSE:SPX Spirax Close Mid-Price: 11980 Percentage Change: -1.76% Day High: 12085 Day Low: 11775

Target met. Continued weakness against SPX taking the price below 11775 c ……..

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LSE:ZOL Zoldav Close Mid-Price: 10.5 Percentage Change: -30.00% Day High: 15 Day Low: 10.5

Target met. If Zoldav experiences continued weakness below 10.5, it will ……..

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

#Brent #Dax News over the weekend regarding the UK Govt stake in Natwest coming close to falling below 50% surely must provide some confidence for the share price. The thresh-hold could be crossed in coming weeks, doubtless with a fanfare. However, news the bank intend close another 32 branches has leaked, doubtless with inevitable “sad face furore” stories in tabloids.

The whole issue of branch closures is something unsurprising, it proving remarkably easy to avoid going into a bank during the last couple of years. Locally here in Argyll, our small town has a high street remarkably well served with banks and pre-pandemic, the big issue was how busy the branches were. This situation appears unchanged. Last week, thanks to their cash machine hosting an ‘Out of Order’ sticker, stepping inside the bank branch revealed nothing has changed, each teller position was manned and there was a queue. When it was finally my turn, it was clear the queue had nothing to do with the faulty machine, instead the bank was conducting normal bank business.

Obviously throughout the UK, there must be many bank branches where the majority of customers are like me and as a result, it’s hard to argue against closures.

 

Closing last week at 253p, the share price now requires exceed just 259p to introduce the prospect of coming price recovery to 272p next. If bettered, our secondary calculates at a longer term 332p. At least it seems fair the UK Govt are choosing to drip feed into the market place and avoiding further damage to the share value. We’re certainly curious, if the fact of Natwest no longer being referred to as ‘Majority Owned Bank, Natwest” in every news broadcast shall provide a boost for the longer term.

The immediate fly in the ointment comes from the relative lack of strong growth against the price. It’s certainly exceeded its pre-Covid high, has gone up a bit stopped. While it’s certainly a combination of the Russia Thing, the Interest Rate Thing, or the Inflation Thing, we’re starting to wonder if the share can be expected to suffer some reversals fairly soon. Below 244p looks troubling, allowing for weakness to an initial 227 with secondary, if broken, at 215p. Visually neither number appears troubling as the share price would need close a session below 207p to justify serious alarm. A move such as this would threaten a retreat below the Blue downtrend, once again making a trip down to 155p a truly disturbing possibility.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:51:05PM	BRENT	94.21	91.43	90.63	89.21	93	94.89	95.09	96.95	93.4	Success
8:53:41PM	GOLD	1861.43									‘cess
8:55:52PM	FTSE	7573.23									‘cess
8:59:39PM	FRANCE	6881.2									Success
9:02:07PM	GERMANY	15167.76	15114	15105	14935	15204	15298	15350	15428	15180	Success
9:05:31PM	US500	4420.32									‘cess
9:25:29PM	DOW	34787									Success
9:28:36PM	NASDAQ	14275.67									Success
9:31:27PM	JAPAN	26920									Success

11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

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:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:IQE IQE** **LSE:ODX Omega Diags** **LSE:PHP Primary Health** **LSE:QFI Quadrise** **LSE:SCLP Scancell** **LSE:TRN The Trainline** **LSE:ZOL Zoldav** **

********

Updated charts published on : Avacta, BALFOUR BEATTY, BP PLC, Capita, 4D Pharma, Fresnillo, Hikma, IQE, Omega Diags, Primary Health, Quadrise, Scancell, The Trainline, Zoldav,

LSE:AVCT Avacta Close Mid-Price: 61 Percentage Change: -4.69% Day High: 63 Day Low: 58

Continued weakness against AVCT taking the price below 58 calculates as l ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 249.2 Percentage Change: -0.24% Day High: 250.2 Day Low: 244.4

In the event BALFOUR BEATTY experiences weakness below 244.4 it calculate ……..

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LSE:BP. BP PLC. Close Mid-Price: 417.2 Percentage Change: + 1.58% Day High: 419.15 Day Low: 405.5

Further movement against BP PLC ABOVE 419.15 should improve acceleration ……..

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LSE:CPI Capita Close Mid-Price: 31.16 Percentage Change: -0.76% Day High: 31.4 Day Low: 30.11

Continued weakness against CPI taking the price below 30.11 calculates as ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 34.2 Percentage Change: -0.44% Day High: 35.95 Day Low: 33

If 4D Pharma experiences continued weakness below 33, it will invariably ……..

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LSE:FRES Fresnillo Close Mid-Price: 622.4 Percentage Change: -1.46% Day High: 626.6 Day Low: 610.6

Weakness on Fresnillo below 610.6 will invariably lead to 592 with second ……..

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LSE:HIK Hikma Close Mid-Price: 1965.5 Percentage Change: -1.97% Day High: 1998 Day Low: 1965

In the event Hikma experiences weakness below 1965 it calculates with a d ……..

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LSE:IQE IQE. Close Mid-Price: 36.95 Percentage Change: + 2.64% Day High: 37.15 Day Low: 35.05

Continued trades against IQE with a mid-price ABOVE 37.15 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 5.88 Percentage Change: -18.97% Day High: 6.38 Day Low: 5.6

If Omega Diags experiences continued weakness below 5.6, it will invariab ……..

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LSE:PHP Primary Health Close Mid-Price: 135 Percentage Change: -1.17% Day High: 135.7 Day Low: 133.6

If Primary Health experiences continued weakness below 133.6, it will inv ……..

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LSE:QFI Quadrise Close Mid-Price: 1.8 Percentage Change: -6.37% Day High: 1.97 Day Low: 1.7

Weakness on Quadrise below 1.7 will invariably lead to 1.65 with secondar ……..

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LSE:SCLP Scancell Close Mid-Price: 14.62 Percentage Change: -5.65% Day High: 15.62 Day Low: 14.12

Target met. Weakness on Scancell below 14.12 will invariably lead to 13 w ……..

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LSE:TRN The Trainline Close Mid-Price: 237 Percentage Change: -1.99% Day High: 245 Day Low: 232

Further movement against The Trainline ABOVE 245 should improve accelerat ……..

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LSE:ZOL Zoldav Close Mid-Price: 15 Percentage Change: -14.29% Day High: 17.5 Day Low: 12.5

Target met. In the event Zoldav experiences weakness below 12.5 it calcul ……..

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

With all the controversy about vaccines & masks, a decision to wear a different type of mask to a hospital appointment provoked some interesting results. Immediately recognised as, unlike in movies, they don’t hide your identity. More importantly, the nurses were in hysterics, the ward sister gleefully ‘borrowing’ it for a staff meeting. It appears the FTSE is also clearly wearing its own version of a superhero mask.

Witnessing a day, where the FTSE yet again did well despite a backdrop of the Nasdaq down 2.3%, Wall St down by 1.5%, France down and Germany flat, the UK market has continued to excel in the initial optimism which followed the pre-pandemic high being exceeded. Unfortunately, the market is now facing the next major hurdle. It closed Thursday at 7672 points, marginally below the previous high in January 2020 of 7674 points. We’d be comfortable Friday would again experience gains, if the UK index had just managed a few points higher. However, the visual implication given by this behaviour may be of slight nerves in the market place. Even the day high, at 7687 points, proved slightly below the previous high on the Blue trend at 7689 points. Perhaps we’re being a little pedantic but we’re more than a little curious as to what level the FTSE shall run out of steam, while it catches up with the previously flamboyant nature of other markets in the world.

 

The immediate situation for the FTSE 100 is pretty straightforward as movement above 7688 points should next target recovery to an initial 7714 with secondary, if bettered, at 7770 points. If triggered, the tightest stop looks like 7622 points.

Our alternate scenario allows weakness below 7622 to provoke reversals to an initial 7579 with secondary, if broken, a bottom of 7513 points and hopefully a proper bounce. The index now needs below 7380 to justify real panic.

As for the Nasdaq, it feels difficult letting a 2.3% reversal pass without comment. Presently trading at 14,705 points, the market requires below 14,450 to justify ongoing concern as this calculates with the potential of reversal to 13,755 next. If broken, our secondary works out at 12,941 points and visually, we’d hope for a rebound. Given price movements on the Nasdaq this week, we’re already resigned to 13,755 making an appearance.

Many thanks, again from the coffee fund, to those who discover an advert on this page worth visiting. 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:45:19PM	BRENT	90.81	90.38	89.7		91.1	91.93	92.71		90.96	‘cess
9:47:15PM	GOLD	1827.2	1821	1816		1836	1843	1852		1825	Shambles
9:48:52PM	FTSE	7616.73	7606	7591		7647	7690	7724		7627	‘cess
9:51:43PM	FRANCE	7043	7037	6988		7079	7142	7160		7077	Success
9:54:00PM	GERMANY	15385	15354	15309		15471	15582	15621		15480	‘cess
9:56:13PM	US500	4498.62	4482	4446		4532	4554	4566		4519	Success
9:58:13PM	DOW	35239	35105	34991		35355	35570	35636		35407	Success
10:00:55PM	NASDAQ	14705.27	14632	14591		14782	14836	14862		14728
10:03:38PM	JAPAN	27375	27333	27206		27614	27525	27574		27421	‘cess

 

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **

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Updated charts published on : Aviva, Avacta, Carnival, EasyJet, Fresnillo, Glencore Xstra, British Airways, Scancell, Vodafone,

LSE:AV. Aviva. Close Mid-Price: 445.5 Percentage Change: + 0.00% Day High: 448.8 Day Low: 443.6

Target met. All Aviva needs are mid-price trades ABOVE 448.8 to improve a ……..

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View Previous Aviva & Big Picture ***

LSE:AVCT Avacta Close Mid-Price: 64 Percentage Change: -6.57% Day High: 68 Day Low: 61.5

Weakness on Avacta below 61.5 will invariably lead to 55 with secondary, ……..

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View Previous Avacta & Big Picture ***

LSE:CCL Carnival. Close Mid-Price: 1585.2 Percentage Change: + 2.22% Day High: 1604 Day Low: 1535.6

Target met. Further movement against Carnival ABOVE 1604 should improve a ……..

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LSE:EZJ EasyJet. Close Mid-Price: 727.4 Percentage Change: + 3.94% Day High: 727.6 Day Low: 702

Further movement against EasyJet ABOVE 727.6 should improve acceleration ……..

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LSE:FRES Fresnillo Close Mid-Price: 631.6 Percentage Change: -0.69% Day High: 640.4 Day Low: 621.8

If Fresnillo experiences continued weakness below 612, it will invariably ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 421.05 Percentage Change: + 0.25% Day High: 428.4 Day Low: 417.5

In the event of Glencore Xstra enjoying further trades beyond 428.4, the ……..

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LSE:IAG British Airways. Close Mid-Price: 178.3 Percentage Change: + 1.91% Day High: 180.04 Day Low: 173.72

All British Airways needs are mid-price trades ABOVE 180.04 to improve a ……..

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LSE:SCLP Scancell Close Mid-Price: 15.5 Percentage Change: -7.46% Day High: 16.75 Day Low: 15.62

Continued weakness against SCLP taking the price below 15.62 calculates a ……..

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LSE:VOD Vodafone Close Mid-Price: 138.44 Percentage Change: -0.79% Day High: 141.6 Day Low: 136.98

Target met. All Vodafone needs are mid-price trades ABOVE 141.6 to improv ……..

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

<m> John Strang