The FTSE, for a change, an optimistic view!!!

#FTSE #Gold #Dax With minimal fanfare, the FTSE actually has done something interesting for the first time in a year. We’ve been moaning about the repeated trend breaks but unusually, the index broke the NINTH uptrend of the year a week ago, created a new TENTH uptrend. And then, returned above the previous trend. This behaviour generally presages some real market growth.

Goodness knows, the FTSE deserves a break as it has been essentially flatlining since April, using the 7,000 point level as a strange pivot. Hopefully we’re finally witnessing the first early warning for some proper recovery, ideally catching up with European performance. We suspect chasing USA growth levels shall prove an ambition too far. Despite the index currently only 78 points above its 7,000 point pivot, we’re inclined to invest some hope the market has let slip ‘a cunning plan’ for the rest of the year. If we were to rely on conventional trend lines, presently the FTSE needs above 7,380 points to batter its way through the downtrend since 2018. Or alternately, to better 7,550 points to exceed the market high, pre-Covid19.

We probably cannot say this often enough but it’s often NOT the trend which is important but instead, how the market reacts to a trend! In this immediate instance, generally some optimism is called for despite appearing to weave a lot of cloth from a single thread.

Hey, chart goes here

Our opening paragraphs suggest optimism, quite neatly ignoring the salient detail Thursday managed to close the day 5 points below the previous day. Visually, it’s not the most disturbing signal as the FTSE now need only exceed 7,131 points to give hope for a near term charge toward 7,181 points. If bettered, our secondary calculates at a useful 7,271 points. The secondary is especially interesting, visually creating a recent “Higher High” and placing the UK index in a scenario, where longer term oomph to 7,547 calculates as possible, rather neatly matching the market level prior to the Pandemic hit.

 

For everything to go pear shaped (our garden pears are bitter this year!),  the FTSE needs below 7,056 to give potential early warning as this allegedly should trigger reversal down to 7,011 points. If broken, our secondary calculates at 6,932 points.

Have a good weekend, hopefully drier than it is here in Argyll.

Hey, chart goes here

Our thanks to the folk who “buy us a coffee” every time they find one of the ads on this page worth a visit!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:35:58PM BRENT 76.63 74.95 74.74 75.88 76.7 77.22 76.16 Success
9:40:02PM GOLD 1739.91 1737 1725.5 1755 1758 1764 1742 Success
9:42:00PM FTSE 7090 7060 7035.5 7097 7133 7143.5 7080 ‘cess
9:56:56PM FRANCE 6703 6659 6650.5 6681 6718 6723 6672 Success
10:03:03PM GERMANY 15665 15549 15539 15635 15695 15717 15633 ‘cess
10:05:18PM US500 4450.32 4403 4384 4424 4465 4481.5 4442 Success
10:07:28PM DOW 34789 34348 34179.5 34564 34883 34942.25 34640 Success
10:09:08PM NASDAQ 15311 15184 15112 15237 15355 15440 15193 ‘cess
10:10:28PM JAPAN 30271 30022 29955 30135 30295 30364 30180 Success
23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%
22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%
21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%
20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%
17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%
16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:CCL Carnival** **LSE:EXPN Experian** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **

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Updated charts published on : Asos, Barclays, Carnival, Experian, Intertek, Natwest, Polymetal, Rockhopper, Rolls Royce, Tesco,

LSE:ASC Asos. Close Mid-Price: 3345 Percentage Change: + 2.01% Day High: 3353 Day Low: 3276

Further movement against Asos ABOVE 3353 should improve acceleration towa ……..

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LSE:BARC Barclays. Close Mid-Price: 183.96 Percentage Change: + 1.51% Day High: 184.74 Day Low: 181.84

All Barclays needs are mid-price trades ABOVE 184.74 to improve accelerat ……..

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LSE:CCL Carnival. Close Mid-Price: 1644.6 Percentage Change: + 3.10% Day High: 1652 Day Low: 1591.6

Continued trades against CCL with a mid-price ABOVE 1652 should improve t ……..

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LSE:EXPN Experian Close Mid-Price: 3338 Percentage Change: -1.48% Day High: 3418 Day Low: 3331

All Experian needs are mid-price trades ABOVE 3418 to improve acceleratio ……..

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LSE:ITRK Intertek Close Mid-Price: 5304 Percentage Change: -2.25% Day High: 5474 Day Low: 5308

This has become “slightly” interesting, making me wonder if it shall prove ……..

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LSE:NWG Natwest. Close Mid-Price: 217.3 Percentage Change: + 1.73% Day High: 217.7 Day Low: 213.4

Target met. In the event of Natwest enjoying further trades beyond 217.7, ……..

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LSE:POLY Polymetal Close Mid-Price: 1302 Percentage Change: -3.27% Day High: 1346 Day Low: 1303.5

Target met. In the event Polymetal experiences weakness below 1303.5 it c ……..

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LSE:RKH Rockhopper Close Mid-Price: 6.2 Percentage Change: -26.97% Day High: 6.1 Day Low: 4.5

Target met. Continued weakness against RKH taking the price below 4.5 cal ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 126.94 Percentage Change: + 3.90% Day High: 127.3 Day Low: 122.68

Target met. Further movement against Rolls Royce ABOVE 128 should improve ……..

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LSE:TSCO Tesco Close Mid-Price: 259.55 Percentage Change: -0.80% Day High: 264.1 Day Low: 259.5

Target met. All Tesco needs are mid-price trades ABOVE 264.1 to improve a ……..

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

USD/RUB and China Evergrande too

#Brent #DOW With the world anxiously waiting to discover what colour of car Louis Hamilton will be wearing on his head in the coming Russian GP, we decided to take a glance at how the Ruble is doing against the US Dollar. In addition, with some pundits describing the problems at Evergrande as an ‘end of the world’ event, perhaps it shall prove worth glancing at the dead parrot from China!

Apparently, the level of financial problems with China Evergrande are such that they make the 2008 issue with Lehman Brothers look like a dress rehearsal for real contagion problems. The, essentially at core, property company has suffered historically, due to obeying government directives to invest without satisfying themselves of repayment. With rather a lot of defaults, the company finds itself unable to repay bond holders, creating a situation where investors quite literally recently took a senior executive hostage. Obviously, the big fear comes of Evergrande problems infecting the wider markets, if the Chinese government decide to with-hold assistance. Many other talking heads, however, deem Evergrande as “Too Big to Fail” and unlikely to give markets cause to switch into headless chicken mode. We were hoping, following Covid-19, China would be satisfied it had given the world sufficient reason for worry, for a while!

Amusingly, when we opt to employ a ‘Shaded’ chart for Evergrande, the result looks like like a city skyline, the focus of their investments. It’s also perhaps worth remembering the company do actually own property, unlike Lehman which owned financial positions. This critical difference may prove important.

 

We’ve chosen to display the share price from the popular USOTC exchange in New York, the one many people are not aware of. Despite being thought of as the home of ‘Penny Stocks’, the US Over The Counter exchange caters for instruments from young companies, unable to meet the criteria for a “proper” stock market listing. But some notable companies are also listed on USOTC, some even maintaining joint listings in their home country. This includes organisations such as Heineken, Siemers, Deutsche Telecom, Nestle, etc. We did a quick trawl through platforms in an effort to discover how China Evergrande were listed. Where listings did exist, the price was either in HK$ or US$, the latter presumably coming from the USOTC listing.

At present, the NY OTC lists Evergrande at US $10, already substantially below our conventional ‘ultimate bottom’ level of 17 dollars. This effectively places the share in a region where it’s stuffed. From a Big Picture perspective, we cannot calculate a bottom. If we opt to review price movements for 2021 only, it appears there’s a chance weakness below 7.25 may discover the potential of a bounce at 5.6 dollars. If broken, our secondary works out at 0.83 dollars. Please remember, the price is already pretty dire, trading below any Big Picture targets. But the chart certainly serves to remind what the company core business was.

Hey, chart goes here

 

US Dollar vs RUB (FX:USDRUB) Despite the chilling visuals of Louis Hamilton’s championship rival walking away from their crash, not bothering to check on his competitor who was sitting with a crashed car on his head, we’re looking forward to this weekends Russian Grand Prix. For this race, the big question isn’t really whether the sole Russian driver has a chance of winning but instead, on which lap will the unfortunate driver again spin off the track! We can also use the event as an excuse to review how the Ruble is doing against the dollar.

The immediate situation is far from clear. Despite the dollar proving quite strong against the Ruble since 2015, there are some early signs of faltering. For instance, at present weakness below 72.2 looks perfectly capable of promoting reversal to an initial 69.20 and a challenge against the long term Red uptrend. Should the pairing manage to close a session below 69.20, we can calculate the potential of a bouncy bottom at 65 eventually.

To escape the potentials of dollar weakness, the relationship needs exceed 74.75 as this threatens recovery toward an initial 76.4 with our longer term secondary, if exceeded, working out at 78 and very probable hesitation.

For now, we suspect the Ruble intends strengthen.

Hey, chart goes here


FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:31:17PM

BRENT

75.35

74.49

74

73.45

75.05

75.65

75.9475

76.21

74.57

Success

10:33:26PM

GOLD

1768.78

‘cess

10:40:19PM

FTSE

7075.46

Success

10:42:10PM

FRANCE

6631.5

Success

10:45:09PM

GERMANY

15514.98

Success

10:49:04PM

US500

4398

Shambles

10:55:31PM

DOW

34288

33885

33823

33620

34097

34432

34491.5

34596

34185

Shambles

10:57:14PM

NASDAQ

15191

‘cess

10:59:24PM

JAPAN

29971

Success

22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%

21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%
20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%
17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%
16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%
14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%

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:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:ODX Omega Diags** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Applied Graphene, BP PLC, Cellular Goods, Centrica, Experian, EasyJet, Gulf Keystone, Omega Diags, Rolls Royce, Tesco, Zoo Digital,

LSE:AGM Applied Graphene Close Mid-Price: 29.5 Percentage Change: -1.67% Day High: 30 Day Low: 29.5

This remains feeling quite dreadful, still needing movements above 31.5 to ……..

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LSE:BP. BP PLC. Close Mid-Price: 316.75 Percentage Change: + 2.57% Day High: 319.7 Day Low: 313.15

All BP PLC needs are mid-price trades ABOVE 319.7 to improve acceleration ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 5.68 Percentage Change: + 1.43% Day High: 5.6 Day Low: 5.55

In the event Cellular Goods experiences weakness below 5.55 it calculates ……..

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LSE:CNA Centrica Close Mid-Price: 53.74 Percentage Change: -0.41% Day High: 55.18 Day Low: 53.88

In the event of Centrica enjoying further trades beyond 55.18, the share ……..

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LSE:EXPN Experian. Close Mid-Price: 3388 Percentage Change: + 1.77% Day High: 3406 Day Low: 3335

Target met. In the event of Experian enjoying further trades beyond 3406, ……..

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LSE:EZJ EasyJet. Close Mid-Price: 661.2 Percentage Change: + 0.88% Day High: 672.2 Day Low: 647

Further movement against EasyJet ABOVE 672.2 should improve acceleration ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 199.2 Percentage Change: + 4.29% Day High: 201.5 Day Low: 193.6

Further movement against Gulf Keystone ABOVE 201.5 should improve acceler ……..

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LSE:ODX Omega Diags. Close Mid-Price: 52.75 Percentage Change: + 7.65% Day High: 52.75 Day Low: 45.75

Target met. Continued weakness against ODX taking the price below 45.75 c ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 122.18 Percentage Change: + 2.17% Day High: 121.94 Day Low: 119.34

Continued trades against RR. with a mid-price ABOVE 121.94 should improve ……..

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LSE:TSCO Tesco. Close Mid-Price: 261.65 Percentage Change: + 1.73% Day High: 261.5 Day Low: 258.05

In the event of Tesco enjoying further trades beyond 261.5, the share sho ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 121 Percentage Change: -3.20% Day High: 122.5 Day Low: 118.5

Zoo Digital appears to be taking a walk past the monkey enclosure as weakn ……..

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

Argo Blockchain, a sure thing?

#FTSE #France With Argo Blockchain, rather quickly, achieving and slightly exceeding our bounce target given in our July report, the share price is now showing interesting potentials. We should point out, in the market there is no such thing as a “sure thing”. But LSE:ARB, the only Crypto miner listed on the London Exchange, a now showing some strong scenario for the future.

Hey, chart goes here

There are a couple of things worthy of note. Back in July, we suspected the share price would bounce before 63p. This was a price level where virtually every logic we employ demanded it must rebound. The reality came a day after our report, the share hitting 82p and failing to drop further. Ideally, this promotes the concept of inherent strength and should this be the case, perhaps it shall prove important the share closed at 173p on Friday 17th Sept, just above our 170p bounce target. With the share price presently trading around 167p, it certainly does not require a great deal of work to create a further positive scenario for the longer term.

Next above 173p calculates with the potential of further recovery to an initial 199p. The visuals imply some hesitation should be anticipated around such a level, if only due to the folk trapped since April of this year opting to Bail at Break Even. Our secondary, should 199p be exceeded, works out at 227p.

An interesting, almost refreshing, aspect of Argo’ share price movements comes from a distinct separation between the crazy swings ‘enjoyed’ by crypto currency, when viewed against price movements of a crypto miner. At times, we wish gold miners would experience such a sensible distance between reality and rumour!

On the chart below, we feature a third level target of 250p, if it all starts moving fast. While some hesitation can be anticipated at such a level, again due to prior behaviour, in the event the share price actually closes a session above 250p, we shall regard it as entering a brave new world with some extremely interesting long term potentials.

Hey, chart goes here

Trends and Targets. Past performance is not a reliable indicator of future results.

As always, our thanks to those who effectively keep us awash with coffee by visiting adverts on this page.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:35:16PM BRENT 74.16 Shambles
10:37:20PM GOLD 1774.64 Success
10:40:00PM FTSE 6955.28 6930 6906 6872 6980 7001 7013 7076 6946 Success
10:42:24PM FRANCE 6534.3 6516 6496.5 6473 6553 6561 6570.5 6632 6516 Success
10:44:49PM GERMANY 15299 Success
10:46:39PM US500 4347.57 ‘cess
11:03:37PM DOW 33878 Shambles
11:05:33PM NASDAQ 15005
11:07:14PM JAPAN 29912

 

21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%
20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%
17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%
16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%
14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%
13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%

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:BP. BP PLC** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:DDDD 4D Pharma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **

********

Updated charts published on : Barclays, BP PLC, Carclo, Cellular Goods, 4D Pharma, HSBC, British Airways,

LSE:BARC Barclays. Close Mid-Price: 175.02 Percentage Change: + 0.06% Day High: 178.26 Day Low: 174.26

Ongoing weakness below 174 should hopefully bounce from 169p. If broken, s ……..

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LSE:BP. BP PLC. Close Mid-Price: 308.8 Percentage Change: + 1.68% Day High: 313.25 Day Low: 305.3

Further movement against BP PLC ABOVE 313.25 should improve acceleration ……..

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LSE:CAR Carclo Close Mid-Price: 34.8 Percentage Change: -5.95% Day High: 36.1 Day Low: 34

Weakness on Carclo below 34 will invariably lead to 33 with secondary (if ……..

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LSE:CBX Cellular Goods Close Mid-Price: 5.6 Percentage Change: -2.61% Day High: 5.72 Day Low: 5.65

Target met. Continued weakness against CBX taking the price below 5.65 ca ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 69 Percentage Change: + 5.34% Day High: 70.6 Day Low: 63

If 4D Pharma experiences continued weakness below 63, it will invariably ……..

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LSE:HSBA HSBC Close Mid-Price: 359.75 Percentage Change: -0.54% Day High: 367.75 Day Low: 358.45

If HSBC experiences continued weakness below 358.45, it will invariably l ……..

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LSE:IAG British Airways. Close Mid-Price: 171.3 Percentage Change: + 3.08% Day High: 177.74 Day Low: 168.2

Target met. All British Airways needs are mid-price trades ABOVE 177.74 ……..

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

GlaxoSmithKline, some price potentials

#Gold #SP500 When we previously reviewed GSK back in March, we provided criteria for movement to 1524p. Guess what, the share topped out at 1528p last month, a pretty accurate rise to target. It even closed a session at 1525p, falling pretty firmly since. In an effort to educate ourselves, we opted to read the Wiki page on the company, a truly eye opening experience.

Like most folk, we tend take Big Pharma conspiracy theories with a pinch of salt. But reading how, worldwide, GSK amassed quite an impressive range of fines and convictions for bribery, market manipulation, false claims, failing to recall defective products, even bribing doctors in China with sexual favours, the penny eventually dropped. “Conspiracy nuts” may actually have a point. Of course, GSK are just one of the Big Pharma corporates, rated 6th in the world in 2019, and it’s certain their particular playing field is equally sullied by others in the marketplace. It’s doubtless say to say all the organisations must maintain a department, tasking with sanitising their reputation across the web.

This all made receiving the Covid-19 vaccination something of a non-event as we weren’t even bribed with a lollipop prior to the jag!

 

Since achieving our 1524p target, GSK share price has experienced quite vivid reversals, even managing to wander below the immediate 2021 uptrend. The immediate situation isn’t particularly happy with the share price needing below 1377p to continue a cycle to an initial 1269p. If broken, we would hope for a solid rebound below 1236p makes itself known. If opting for a speculative short position, we can nominate 1,442p as a potential stop loss level.

In the event the company share price somehow manages to close a session above 1442p, some further hope for the longer term looks possible as while we can anticipate a climb hesitating at 1524p (or so) again, we’d now tend hope for continued movement to 1632p with secondary, if bettered, a longer term 1707p. We can calculate higher than 1707p for the future but visually, there’s a heck of an expectation for a price stumble at such a level.

Hey, chart goes here

 Trends and Targets. Past performance is not a reliable indicator of future results.

As is polite, our thanks to those who “buy us a coffee” by finding adverts on this page worthy of investigation.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:30:08PM BRENT 73.76 ‘cess
9:32:51PM GOLD 1765.54 1741 1734.5 1724 1758 1768 1772 1782 1748
9:35:10PM FTSE 6902.68 Success
9:38:36PM FRANCE 6443.2 ditto
9:41:31PM GERMANY 15112 ditto
9:44:54PM US500 4352.12 4326 4298 4214 4359 4382 4402 4435 4332 ‘cess
9:58:48PM DOW 33926.7 Success
10:02:16PM NASDAQ 15003 ditto
10:05:12PM JAPAN 29688 ditto
20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%
17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%
16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%
14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%
13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%
10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%

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:AFC AFC Energy** **LSE:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:CNA Centrica** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:ITV ITV** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:POLY Polymetal** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **

********

Updated charts published on : Aviva, BALFOUR BEATTY, Barrett Devs, Carclo, Centamin, Centrica, 4D Pharma, EasyJet, Foxtons, Hargreaves Lansdown, HSBC, British Airways, Igas Energy, ITV, Natwest, Omega Diags, OPG Power Ventures, Polymetal, Standard Chartered, Vodafone,

LSE:AFC AFC Energy Close Mid-Price: 51.2 Percentage Change: -3.40% Day High: 54.9 Day Low: 49.45

Target met. If AFC Energy experiences continued weakness below 49.45, it ……..

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LSE:AV. Aviva Close Mid-Price: 389.2 Percentage Change: -3.62% Day High: 400 Day Low: 388.7

Target met. Weakness on Aviva below 388.7 will invariably lead to 386 wit ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 275.2 Percentage Change: -1.08% Day High: 283 Day Low: 274.2

Weakness on BALFOUR BEATTY below 274.2 will invariably lead to 272 with s ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 676.2 Percentage Change: -0.53% Day High: 682.2 Day Low: 668.2

In the event Barrett Devs experiences weakness below 668.2 it calculates ……..

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LSE:CAR Carclo Close Mid-Price: 37 Percentage Change: -7.50% Day High: 38 Day Low: 36

If Carclo experiences continued weakness below 36, it will invariably lea ……..

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LSE:CEY Centamin. Close Mid-Price: 92.64 Percentage Change: + 3.09% Day High: 93.04 Day Low: 88.2

In the event Centamin experiences weakness below 88.2 it calculates with ……..

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LSE:CNA Centrica. Close Mid-Price: 53.42 Percentage Change: + 4.58% Day High: 53.58 Day Low: 50.1

Further movement against Centrica ABOVE 53.58 should improve acceleration ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 65.5 Percentage Change: -6.43% Day High: 69.5 Day Low: 64.6

Target met. Continued weakness against DDDD taking the price below 64.6 c ……..

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LSE:EZJ EasyJet. Close Mid-Price: 654.2 Percentage Change: + 3.78% Day High: 664 Day Low: 614.6

Target met. Continued trades against EZJ with a mid-price ABOVE 664 shoul ……..

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LSE:FOXT Foxtons Close Mid-Price: 52.5 Percentage Change: -0.57% Day High: 54.9 Day Low: 49.5

If Foxtons experiences continued weakness below 49.5, it will invariably ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1421.5 Percentage Change: -0.21% Day High: 1449 Day Low: 1403.5

In the event Hargreaves Lansdown experiences weakness below 1403.5 it cal ……..

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LSE:HSBA HSBC Close Mid-Price: 361.7 Percentage Change: -3.82% Day High: 370.95 Day Low: 361.85

Target met. In the event HSBC experiences weakness below 361.85 it calcul ……..

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LSE:IAG British Airways. Close Mid-Price: 166.18 Percentage Change: + 11.16% Day High: 167.2 Day Low: 149.06

It’s impossible to ignore the day this had, despite the share remaining wi ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 28.8 Percentage Change: + 51.58% Day High: 37.5 Day Low: 20.9

Target met. Further movement against Igas Energy ABOVE 37.5 should improv ……..

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LSE:ITV ITV Close Mid-Price: 107.45 Percentage Change: -1.01% Day High: 108.3 Day Low: 105.65

Weakness on ITV below 105.65 will invariably lead to 98 with secondary, i ……..

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LSE:NWG Natwest Close Mid-Price: 207.5 Percentage Change: -2.58% Day High: 210.4 Day Low: 205.5

Target met. Continued weakness against NWG taking the price below 205.5 c ……..

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LSE:ODX Omega Diags Close Mid-Price: 48.7 Percentage Change: -5.44% Day High: 51.5 Day Low: 48.5

In the event Omega Diags experiences weakness below 48.5 it calculates wi ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 11.25 Percentage Change: -4.26% Day High: 11.75 Day Low: 11.25

Target met. If OPG Power Ventures experiences continued weakness below 11 ……..

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LSE:POLY Polymetal. Close Mid-Price: 1345.5 Percentage Change: + 2.05% Day High: 1355.5 Day Low: 1315.5

Weakness on Polymetal below 1315.5 will invariably lead to 1310 with seco ……..

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LSE:STAN Standard Chartered Close Mid-Price: 411 Percentage Change: -7.01% Day High: 435.4 Day Low: 410.9

Continued weakness against STAN taking the price below 410.9 calculates a ……..

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LSE:VOD Vodafone Close Mid-Price: 114.14 Percentage Change: -0.16% Day High: 114.56 Day Low: 112.82

In the event Vodafone experiences weakness below 112.82 it calculates wit ……..

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

Natwest and the price of Gold!

#Brent #DaxFutures Our Friday report here for the FTSE proved quite prescient. Our criteria provided a secondary target at 6949 points. The market bottomed at 6941 points. In addition, we’d been a touch hysterical regarding the dangers of an opening second spike. An initial 7096 calculated as possible, the best the market attained being 7092 points in an opening spike!

As expected, the index toddled off, thereafter, in the opposite direction. It almost felt like we’d written the script for the day and now, London needs actually close a session above 7022 to firmly suggest the 9th uptrend break in 11 months isn’t genuine. There are some slight hints it may not be, so we shall be interested if the FTSE staggers above 6994 points on Monday. If so, there’s a pretty fair chance the market may exhibit some surprise gains.

 

Basking in this ointment is Natwest, the share price fluttering around like a fly on steroids. The share has a Blue line, a downtrend since 2007 (arguably, thanks to consolidation) and price movements since August tend confirm the market is paying attention to this trendline. The inset on the chart below shows, aside from a brief break of Blue last week, the market has tended respect the trend and as a result, we’re apparently allowed to hope for gains, rather than a further thumping for the beleaguered share price. Generally, when the market promptly corrects a retreat below a trend, some optimism is suggested. The immediate situation appears quite straightforward as strength above 217p should now provoke a gain to an initial 225p with secondary, if bettered, at a longer term 251p.

Conventional “rules of engagement” suggest above 225p should prove significant for the longer term, taking the share price into territory conventionally described as happy. Perhaps this shall prove the case, if we could only forget about Brexit and Covid-19.

Hey, chart goes here

Trends and Targets. Past performance is not a reliable indicator of future results.

 

GOLD USD is behaving a bit oddly, obviously capable of giving the mining sector a bit of a hammering if our fears play out. Mining sector shares rarely flourish when the price of gold melts down. At present, below 1739 should provide early warning of potential trouble. This risks triggering reversal to an initial 1720 and hopefully a proper rebound. The greater danger appears should 1720 break as this risks ongoing drilling down toward 1623 dollars.

Such a calamity allows a further calculation, should 1623 break, with ongoing excavation to an eventual bottom of 1450.

At present, the value requires above 1837 to create a scenario for future gains, given an initial potential at 1862 with secondary, if bettered,  at 1950 dollars. Such frivolity would place the metal in sight of a future 2079 high, should everything become flamboyant!

Hey, chart goes here

As ever, our thanks to the kind folk who buy us a coffee, every time an advert of this page catches the eye. Aye.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:16:37PM BRENT 75.03 74.1 73.5 72.84 75 75.17 75.465 75.9 74.3
9:18:26PM GOLD 1754.81
9:21:01PM FTSE 6976.89 Success
9:28:47PM FRANCE 6575.7 Success
9:31:52PM GERMANY 15483 15470 15422 15299 15530 15558 15577 15626 15475 Success
9:44:45PM US500 4433.02 ‘cess
10:09:04PM DOW 34586.8
10:11:32PM NASDAQ 15340 Success
10:18:10PM JAPAN 30266 Shambles

 

 

17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%
16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%
14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%
13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%
10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%
9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%

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:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:NWG Natwest** **LSE:POLY Polymetal** **

********

Updated charts published on : Asos, Aviva, Barrett Devs, Cellular Goods, 4D Pharma, EasyJet, Hargreaves Lansdown, Hurrican Energy, Natwest, Polymetal,

LSE:ASC Asos. Close Mid-Price: 3188 Percentage Change: + 4.52% Day High: 3257 Day Low: 3058

Even above 3315 is liable to prove significant, now allowing recovery towa ……..

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LSE:AV. Aviva Close Mid-Price: 403.8 Percentage Change: -0.37% Day High: 410 Day Low: 402.2

Below just 398 looks a bit problematic, giving the threat of reversal to a ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 679.8 Percentage Change: -1.56% Day High: 698.8 Day Low: 676.6

Continued weakness against BDEV taking the price below 676.6 calculates a ……..

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LSE:CBX Cellular Goods Close Mid-Price: 5.95 Percentage Change: -1.65% Day High: 6.05 Day Low: 5.85

If Cellular Goods experiences continued weakness below 5.85, it will inva ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 70 Percentage Change: -7.77% Day High: 76 Day Low: 68.6

Weakness on 4D Pharma below 68.6 will invariably lead to 66p with seconda ……..

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LSE:EZJ EasyJet. Close Mid-Price: 630.4 Percentage Change: + 3.92% Day High: 638.4 Day Low: 592

Target met. All EasyJet needs are mid-price trades ABOVE 638.4 to improve ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1424.5 Percentage Change: -0.14% Day High: 1446.5 Day Low: 1419

Weakness on Hargreaves Lansdown below 1419 will invariably lead to 1399 w ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 3.4 Percentage Change: + 10.21% Day High: 3.9 Day Low: 3.2

All Hurrican Energy needs are mid-price trades ABOVE 3.9 to improve accel ……..

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LSE:NWG Natwest. Close Mid-Price: 213 Percentage Change: + 0.47% Day High: 215.8 Day Low: 211.5

Continued trades against NWG with a mid-price ABOVE 215.8 should improve ……..

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LSE:POLY Polymetal Close Mid-Price: 1318.5 Percentage Change: -0.57% Day High: 1357.5 Day Low: 1317.5

If Polymetal experiences continued weakness below 1317.5, it will invaria ……..

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

Our popular FTSE for Friday

#FreeFutures

“Wake up Calls” come in all forms. While we await the FTSE experiencing its own one, a personal incident occurred at 07.15am on Thursday. My phone started its self-congratulatory alarm tone, demanding it be shut off. Unusually, there wasn’t the standard “Dismiss” notification, so through tired eyes, I entered the usual Samsung “Close All Applications” screen to buy myself some piece and quiet.

It kept going.

I told the phone to restart itself. The noise continued.

I tore the phone out of its protective case, removed the back, removed the battery. The noise continued.

My wife, plaintively, said, “Maybe it’s holding a residual charge”.

I stuffed the Galaxy Note under the pillow, the case and the battery on the bedside table. This didn’t even diminish the beeping.

Then I noticed my wife’s phone was also on my bedside table. Unusually, she’d set an alarm as we’d a big delivery due, the time unspecified. At bedtime, we’d also swapped sides on the bed, a last ditch effort to try and find the cause of her sore back. It can be assumed, my humour had slightly improved by the time the FTSE opened at 08.00am, the hi-jinx 20 point swing in the opening minute tending confirm the day was going to be confusing.  Needless to say, it was, and rather spitefully, our delivery arrived just as London closed at 16.30. And my wife couldn’t help, due to her back…

 

We’ve reason, yet again, to be slightly nervous with the FTSE from a Big Picture perspective. The index is now on its 9th uptrend, since October last year. Most of the ducks appear to be lined up, just awaiting a final trigger for reversal to commence to a potential 6830 points. It’s not a pretty picture and below 6998 points looks like providing the final trigger. In terms of reversals, this certainly isn’t a crash of biblical proportions, but below 6830 would certainly justify real concern. To escape this mess, the FTSE need only close a session above 7069 points.

Hey, chart goes here

Trends and Targets. Our incredible past performance is not a reliable indicator of future results.

 

 

 

As for Friday, the market is mildly interesting as weakness below 7016 points looks capable of triggering reversals to an initial 6985 points. If broken, our secondary calculates at 6949 points. Given the market closed Thursday at 7027 points, very little movement is required to light the touch-paper but we’d advocate extreme caution, if such a trigger is hit by a spike down (again) in the opening minute of trade. The tightest stop appears to be 7059 points.

 

Our alternate scenario comes, should the FTSE stumble above 7059 as this apparently makes 7096 a viable ambition. If exceeded, our secondary is at 7116 points, along with a strong hint of some further recovery in the coming week. The tightest stop, in this game plan, is quite attractive at 7025 points. Our usual caveat, regarding any opening second spike remains..

Hey, chart goes here

Trends and Targets. Our incredible past performance is not a reliable indicator of future results.

Our thanks to the kind folk who find adverts on this page worthy of a visit.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:24:04PM BRENT 75.21 74.1 73.46 75.1 75.49 75.885 74.47 Success
10:27:44PM GOLD 1753.79 1745 1729 1764 1764 1769 1750 Success
10:34:51PM FTSE 7065.09 7022 6999 7060 7074 7101 7024 ‘cess
10:37:44PM FRANCE 6657.2 6609 6593 6647 6672 6679 6637 ‘cess
10:39:46PM GERMANY 15701.63 15634 15593.5 15700 15744 15751 15675 Success
10:43:12PM US500 4470.17 4464 4442 4486 4487 4496 4465 ‘cess
10:45:37PM DOW 34730 34490 34318 34720 34944 35074.5 34729 ‘cess
10:47:45PM NASDAQ 15505 15364 15355 15437 15537 15577 15457 ‘cess
10:49:18PM JAPAN 30463 30192 30023 30427 30530 30598.5 30330 ‘cess

 

16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%
14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%
13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%
10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%
9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%
8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

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:ASC Asos** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **

********

Updated charts published on : Asos, 4D Pharma, Experian, Gulf Keystone, HSBC, British Airways, Igas Energy, Natwest, Omega Diags, Polymetal,

LSE:ASC Asos Close Mid-Price: 3050 Percentage Change: -0.52% Day High: 3104 Day Low: 2991

In the event Asos experiences weakness below 2991 it calculates with a dr ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 75.9 Percentage Change: + 4.55% Day High: 77 Day Low: 69

In the event 4D Pharma experiences weakness below 69 it calculates with a ……..

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LSE:EXPN Experian. Close Mid-Price: 3347 Percentage Change: + 1.45% Day High: 3367 Day Low: 3299

Further movement against Experian ABOVE 3367 should improve acceleration ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 194.4 Percentage Change: + 0.21% Day High: 200.5 Day Low: 194

Continued trades against GKP with a mid-price ABOVE 200.5 should improve ……..

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LSE:HSBA HSBC Close Mid-Price: 368.9 Percentage Change: -0.95% Day High: 373.9 Day Low: 368.55

Target met. Weakness on HSBC below 368.55 will invariably lead to 366 wit ……..

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LSE:IAG British Airways. Close Mid-Price: 142.46 Percentage Change: + 3.89% Day High: 143.14 Day Low: 136.52

In the event British Airways experiences weakness below 136 it calculates ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 19.5 Percentage Change: + 25.81% Day High: 28 Day Low: 15.95

Target met. All Igas Energy needs are mid-price trades ABOVE 28 to improv ……..

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LSE:NWG Natwest. Close Mid-Price: 212 Percentage Change: + 0.81% Day High: 214.1 Day Low: 211

Further movement against Natwest ABOVE 214.1 should improve acceleration ……..

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LSE:ODX Omega Diags Close Mid-Price: 50 Percentage Change: -1.96% Day High: 50.5 Day Low: 49

Weakness on Omega Diags below 49 will invariably lead to 45. If broken, o ……..

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LSE:POLY Polymetal Close Mid-Price: 1326 Percentage Change: -1.38% Day High: 1348 Day Low: 1320

Target met. Continued weakness against POLY taking the price below 1320 c ……..

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

Is Brent Crude heading to $122

#CAC40 #WallSt We last reviewed Brent as recently as June, warning of implications should the price manage to bubble above the 75.50 dollar mark. Today, noticing the commodity was again tickling this level, panic ensued with an immediate call to our oil dealer. Here in Argyll, we’ve been turning the heating on in evenings as the weather has sharply deteriorated. As there’s no regulatory body keeping an eye on oil prices, heating oil purchases can become an alarming cost, when world oil markets soar. Our tank is being filled this week, the price thankfully not surging yet.

 

The chart below is a weekly view for Brent Crude and the Blue line dates back to 2012 when Brent hit a high of 130 dollars. The market is clearly showing a lot of respect for this trend line and we’re expecting the worst. As a result, we’ve taken a further look at the tea leaves as the visuals now imply the price need only exceed 78 dollars anytime soon with fireworks possible thereafter. From a near term perspective, there are plenty of arguments suggesting such a movement is very possible.

Above the 78 dollar level now suggests continued travel toward $96 initially. If exceeded, our secondary calculation brings the potential of a high at $122. This will doubtless be great news for those holding shares in oil companies. But folk forced to purchase heating oil will doubtless remember the ‘jaw drop’ prices being asked, last time crude oil surged above 100 dollars.

Hey, chart goes here

Trends and Targets. Past performance is not a reliable indicator of future results.

Our thanks to the kind folk who visit some of the fascinating adverts which appear on this page.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:56:35PM BRENT 75.07 Success
9:58:25PM GOLD 1794.1
10:00:01PM FTSE 7053.41 Shambles
10:03:01PM FRANCE 6627 6609 6576.5 6543 6630 6628 6622 6670 6609 Success
10:10:03PM GERMANY 15699.32 ‘cess
10:13:49PM US500 4486
10:16:22PM DOW 34852 34577 34524.5 34405 34731 34885 34926 35070 34690 Shambles
10:20:22PM NASDAQ 15511 ‘cess
10:22:54PM JAPAN 30611

 

15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%
14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%
13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%
10/09/2021 FTSE Closed at 7029 points. Change of 0.07%. Total value traded through LSE was: £ 3,949,508,746 a change of -29.02%
9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%
8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%
7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:BT.A British Telecom** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:ITV ITV** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **LSE:TAN Tanfield** **

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Updated charts published on : AFC Energy, Asos, BALFOUR BEATTY, British Telecom, 4D Pharma, EasyJet, Glencore Xstra, British Airways, ITV, Omega Diags, Polymetal, Tanfield,

LSE:AFC AFC Energy Close Mid-Price: 52.9 Percentage Change: -4.68% Day High: 54.7 Day Low: 51.3

Continued weakness against AFC taking the price below 51.3 calculates as ……..

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View Previous AFC Energy & Big Picture ***

LSE:ASC Asos Close Mid-Price: 3066 Percentage Change: -1.06% Day High: 3141 Day Low: 3066

Continued weakness against ASC taking the price below 3066 calculates as ……..

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View Previous Asos & Big Picture ***

LSE:BBY BALFOUR BEATTY Close Mid-Price: 275.4 Percentage Change: -1.36% Day High: 280 Day Low: 275

If BALFOUR BEATTY experiences continued weakness below 275, it will invar ……..

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View Previous BALFOUR BEATTY & Big Picture ***

LSE:BT.A British Telecom Close Mid-Price: 154.85 Percentage Change: -0.45% Day High: 155.95 Day Low: 152.9

Target met. In the event British Telecom experiences weakness below 152.9 ……..

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View Previous British Telecom & Big Picture ***

LSE:DDDD 4D Pharma Close Mid-Price: 72.6 Percentage Change: -5.84% Day High: 79 Day Low: 71.5

Target met. Continued weakness against DDDD taking the price below 71.5 c ……..

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LSE:EZJ EasyJet Close Mid-Price: 566 Percentage Change: -1.60% Day High: 569.8 Day Low: 550.2

Weakness on EasyJet below 550.2 will invariably lead to 506 with secondar ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 340.4 Percentage Change: + 1.34% Day High: 342.9 Day Low: 335.35

Further movement against Glencore Xstra ABOVE 342.9 should improve accele ……..

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LSE:IAG British Airways Close Mid-Price: 137.12 Percentage Change: -3.50% Day High: 142 Day Low: 136.64

Target met. In the event British Airways experiences weakness below 136. ……..

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LSE:ITV ITV Close Mid-Price: 108.95 Percentage Change: -1.58% Day High: 111.35 Day Low: 108.8

If ITV experiences continued weakness below 108.8, it will invariably lea ……..

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LSE:ODX Omega Diags Close Mid-Price: 51 Percentage Change: -8.93% Day High: 57 Day Low: 50.5

Now looking slightly risky, weakness below 50 is expected to provoke rever ……..

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LSE:POLY Polymetal Close Mid-Price: 1344.5 Percentage Change: -1.57% Day High: 1369.5 Day Low: 1346

Weakness on Polymetal below 1346 will invariably lead to 1327 with second ……..

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LSE:TAN Tanfield. Close Mid-Price: 2.87 Percentage Change: + 30.45% Day High: 2.3 Day Low: 2.14

A surprise heartbeat suggests above 3p should next attempt an initial 3.45 ……..

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