Trends And Targets

#Brent #SP500 When we last reviewed #Natwest three weeks ago, we made a point of showing how important it can be to study a shares closing price, in addition to viewing a screen full of pretty candles. Amazingly, for a UK retail bank, everything started to make sense within days, a target was met, and yet another potential candle catastrophe is upon us.

Firstly, the chart extracts below. The Red uptrend since September 2020 was broken in June, the trend break level being at 206.9p. We’d made a point, should the share price manage to close above the level of trend break, we could no longer regard the Red uptrend as being viable. On August 3rd, Natwest share price closed the session at 207.4p, suggesting the historical break of the uptrend was no longer valid and instead, price growth was expected. Our initial target of 215p was successfully achieved in Friday 6th August.

However, staying with our lesson on managing candles – and when to turn them off – it’s very possible something more important occurred on Friday, given the point at which Natwest share price closed the session. Shown below, there’s a long term Blue downtrend and with the share price closing at 215.7p, the day was quite solidly above the historical downtrend, ticking a pretty important box which is the first sign of optimism for the future. The share now needs close a session below 213.6p to give cause for concern.

Finally, even from a near term viewpoint, reasonable levels of hope appear posssible. Above 216p now calculates with the potential of gains in the direction of an initial 226p with secondary, if exceeded, working out at a very possible 251p. In fact, from a Big Picture perspective, thanks to the share closing a session above the Blue downtrend, we can now regard a long term 324p as allegedly exerting a distant influence.

If it all intends go horribly wrong, the share price needs close a session below 193p, thus threatening a reversal cycle commencing down to 167p eventually.

As ever, thanks to those folk who find adverts on this page worth a visit. It buys an essential daily coffee & bun.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:24:59PM	BRENT	70.25	70.13	69.465	68.52	71.4	71.81	72.385	73.3	70.88	Success
9:23:37PM	GOLD	1764.41									Success
9:25:44PM	FTSE	7126.72
9:30:21PM	FRANCE	6825									Success
9:32:51PM	GERMANY	15780									Success
9:35:09PM	US500	4436	4423	4416	4408	4431	4440	4448.5	4474	4423	‘cess
9:37:51PM	DOW	35206									Success
9:39:41PM	NASDAQ	15106
9:41:37PM	JAPAN	27890									Success

 

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:CASP Caspian** **LSE:FGP Firstgroup** **LSE:MRW Morrisons** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:VEC Vectura** **

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Updated charts published on : Aviva, Barclays, Caspian, Firstgroup, Morrisons, Natwest, Oxford Instruments, Rolls Royce, Vectura,

LSE:AV. Aviva. Close Mid-Price: 399.1 Percentage Change: + 1.94% Day High: 400.9 Day Low: 389.6

Further movement against Aviva ABOVE 400.9 should improve acceleration to ……..

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LSE:BARC Barclays. Close Mid-Price: 182.66 Percentage Change: + 1.64% Day High: 183.4 Day Low: 178.94

Target met. All Barclays needs are mid-price trades ABOVE 183.4 to improv ……..

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LSE:CASP Caspian. Close Mid-Price: 3 Percentage Change: + 5.26% Day High: 3.15 Day Low: 2.9

Further movement against Caspian ABOVE 3.15 should improve acceleration t ……..

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LSE:FGP Firstgroup. Close Mid-Price: 90.05 Percentage Change: + 1.35% Day High: 90.65 Day Low: 88.35

In the event of Firstgroup enjoying further trades beyond 90.65 should im ……..

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LSE:MRW Morrisons. Close Mid-Price: 278.8 Percentage Change: + 2.50% Day High: 279.6 Day Low: 269.5

All Morrisons needs are mid-price trades ABOVE 279.6 to improve accelerat ……..

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LSE:NWG Natwest. Close Mid-Price: 215.7 Percentage Change: + 2.23% Day High: 215.7 Day Low: 209.7

Target met. In the event of Natwest enjoying further trades beyond 215.7, ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2550 Percentage Change: -0.97% Day High: 2600 Day Low: 2520

In the event of Oxford Instruments enjoying further trades beyond 2600, t ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 112.42 Percentage Change: + 1.57% Day High: 112.8 Day Low: 109.42

Continued trades against RR. with a mid-price ABOVE 112.8 should improve ……..

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LSE:VEC Vectura. Close Mid-Price: 164 Percentage Change: + 6.49% Day High: 164.8 Day Low: 153.4

Target met. Further movement against Vectura ABOVE 164.8 should improve a ……..

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

#FreeFutures #FTSE Absolutely nothing to do with the markets; anyone who’s ever read ‘Bike’ magazine will doubtless notice a 50th Anniversary edition in newsagents. For years, the first component read of “Bike” was the Ogri cartoon on the back page. This “Anniversary***” edition completely omits any mention of their best bit! Traditionally, we always enjoy a moan at the start of August, thanks to the markets taking a mental holiday in addition to a literal one. This year feels a little different, the FTSE proving well behaved with a trading range, so far this month, of just 80 points.

Some days, there would be a burst of sudden excitement, a mood which quickly waned with the realisation a movement of just 5 points can look pretty major on a chart, when the market had spent a few hours exploring a 10 point range. A five point jump or drop obviously paints a vivid 50% picture until you zoom out to view the entire day. The now familiar reality of nothing actually happening once again hits home… Sometimes, we suspect the markets do this, just to lull folk into a sense of false security, perhaps encouraging us all to turn our backs and miss some real excitement?

 

We’re pretty comfortable something interesting is due with the FTSE. The only problem is, will the market take all of August to make the movement or shall it occur when a fit of boredom has driven us all outdoors to count the wheels on the car! Perhaps it shall be the case the US Payrolls Numbers, due on Friday 6th August, will be sufficient to force an irrational movement from the FTSE, making it essential we watch Bloomberg or CNN at 1.30pm.

Regardless, the immediate situation is pretty straightforward. Above just 7143 points should harbour ambitions of a visit to 7198 points. If bettered, we’d hope for a visit to 7235 points which will represent a new “high” for the index, following the market being trashed at the start of 2020. If triggered, the tightest stop is suspiciously attractive at just 7100 points.

 

What are the threats, if 7100 points breaks?

Initially, we suspect reversal to a pretty tame 7077 points with secondary, if broken, our secondary is at 7055. This represents a level we’d suspect a bounce, doubtless due to the FTSE intending remain within its soporific journey through the month.

Yet again, we’ve published a ‘trends’ chart for the FTSE below, dealing with the curious period since October last year. The market displays lots of uptrends which proved false when, despite the uptrend being broken, the index goes on to exceed the point of trend break, proving the uptrend wasn’t actually a trend. It is truly amazing to be able to paint 8 lines, anchored to a single point. Traditionally, when a trend line fails, there’s a reasonable expectation for coming reversals but in this instance, the converse appears true. If the market is failing to fall despite lots of trend failures, we can only embrace an assumption growth is coming. Just, goodness knows when!

***Needless to say, the only reason this edition was bought was curiosity, just to see if Ogri would again appear. Alas, £5 was wasted.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:02:59PM	BRENT	71.09	69.63	69.07		70.93	71.36	71.57		70.3
10:06:44PM	GOLD	1804.54	1803	1801		1810	1814	1819.5		1808	‘cess
10:17:11PM	FTSE	7122.76	7094	7085		7127	7131	7148		7104	Shambles
10:19:13PM	FRANCE	6775.5	6748	6739		6782	6787	6797		6766	‘cess
10:21:03PM	GERMANY	15751	15658	15642		15728	15756	15761		15735	Success
10:24:16PM	US500	4429.82	4400	4394		4414	4430	4434		4408	‘cess
10:30:05PM	DOW	35048	34804	34739		34900	35060	35121		34947	Success
10:31:53PM	NASDAQ	15180.59	15082	15034		15130	15184	15214.25		15115	Success
10:35:13PM	JAPAN	27849	27760	27733		27828	27868	27883		27760	Success

 

 

 

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

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:DDDD 4D Pharma** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:SRP Serco** **

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Updated charts published on : Avacta, 4D Pharma, ECO (Atlantic) O & G, MAN, Glencore Xstra, Igas Energy, ITM Power, Natwest, Royal Mail, Rolls Royce, Serco,

LSE:AVCT Avacta. Close Mid-Price: 128 Percentage Change: + 0.00% Day High: 131.5 Day Low: 126

Now below 121 looks troubling, presenting an initial reversal target of 11 ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 82.3 Percentage Change: -2.49% Day High: 88.4 Day Low: 81.7

If 4D Pharma experiences continued weakness below 81.7, it will invariabl ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 28 Percentage Change: + 9.80% Day High: 30.75 Day Low: 25.75

Continued trades against ECO with a mid-price ABOVE 30.75 should improve ……..

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LSE:EMG MAN Close Mid-Price: 209.4 Percentage Change: -0.38% Day High: 211.5 Day Low: 207.1

Target met. Further movement against MAN ABOVE 211.5 should improve accel ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 324 Percentage Change: -1.61% Day High: 334 Day Low: 319.55

Target met. In the event of Glencore Xstra enjoying further trades beyond ……..

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LSE:IGAS Igas Energy Close Mid-Price: 15.75 Percentage Change: -3.67% Day High: 15.9 Day Low: 15.9

Continued weakness against IGAS taking the price below 15.9 calculates as ……..

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LSE:ITM ITM Power Close Mid-Price: 380.4 Percentage Change: -4.80% Day High: 397.2 Day Low: 373.6

In the event ITM Power experiences weakness below 373.6 it calculates wit ……..

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LSE:NWG Natwest. Close Mid-Price: 211 Percentage Change: + 0.29% Day High: 211.5 Day Low: 205.7

Target met. Further movement against Natwest ABOVE 211.5 should improve a ……..

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LSE:RMG Royal Mail Close Mid-Price: 499.8 Percentage Change: -0.75% Day High: 506.2 Day Low: 492.6

In the event Royal Mail experiences weakness below 492.6 it calculates wi ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 110.68 Percentage Change: + 5.87% Day High: 110.1 Day Low: 104

Target met. All Rolls Royce needs are mid-price trades ABOVE ^111 to impr ……..

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LSE:SPX Spirax. Close Mid-Price: 15410 Percentage Change: + 0.52% Day High: 15555 Day Low: 15330

Continued trades against SPX with a mid-price ABOVE 15520 should improve t ……..

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LSE:SRP Serco. Close Mid-Price: 140.9 Percentage Change: + 0.21% Day High: 146.1 Day Low: 138.7

Continued trades against SRP with a mid-price ABOVE 146.1 should improve ……..

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

#France_CAC40 #WallSt There are some companies we’re almost supposed to dislike. Budget airlines loom high on such a list, UK retail banks coming a close second, obviously estate agents with a stock market listing, and also, BT Group reserving a special place in hell. This series of irrational dislikes proves not entirely irrational, due to any cynical attitude coming across in our reports being fueled by personal experience with each corporate.

Despite plenty of personal experience with tobacco, saying goodbye many years ago failed to inspire any negative thoughts relating to the industry. No-one forced me to try a cigarette from the 5 Packet of Embassy Tipped my cousin had somehow procured. The entire exercise ended in disaster soon after, when the cousin proved it was possible to drown a lit cigarette in a can of petrol. The flaw in his thinking came, when the can ignited and he kicked it away. Unfortunately, we were hiding in his fathers garage at the time to enjoy our first smoke, a wooden building full of gardening equipment, a motor mower, and the inevitable cans of oil and grease.

We safely exited the building and ran for it, almost reaching my own house before the noise of a fire engine intruded the peaceful afternoon.

Many years later, the cousin was getting married and I started to reminisce about the event. Despite now being in his mid-40’s, he panicked in case his 80 year old father heard our conversation. Apparently this fire was recorded in history as spontaneous, probably due to the hot weather. Thankfully, by the time of this wedding, neither of us still smoked but neither of us would be inclined to blame the tobacco company for anything. Smoking was once allowed, almost expected.

 

Now any possible anti-tobacco caveats are exposed, British American Tobacco share price is looking a bit problematic. As the chart below highlights, it suffered the inevitable Covid drop in 2020, a reversal which matched a prior drop a year earlier. In the period since, the share price has proven less than interesting and it’s creating as dangerous a picture as 2 small boys with a petrol can and matches.

In the event the price moves below 2670p, we shall be inclined to view it as heading down to 2554p with secondary, if broken, at 2337p. This secondary creates a major issue for us, taking the share price below its most recent historical dips, creating a “lower low” with an ongoing threat for continued downward travel. We can calculate quite a terrifying series of drop potentials but the bottom line, should 2337p break, is the share shall be regarded as existing in a cycle where our “ultimate bottom” calculation works out at an eventual 692p. We cannot calculate below such a level.

 

However, just because the share hasn’t recovered since the Covid-19 low doesn’t mean it can’t. Who knows, some bright spark may invent a vaccine which is baked into the fabric of a cigarette, thanks to a spurious theory that a respiratory virus needs a respiratory cure. Or perhaps, with cannabis being legalised for medicinal purposes next month, somehow the tobacco companies shall jump on the bandwagon. At present, BATS needs trade above 2850p to suggest coming recovery to an initial 3091p with a longer term secondary, if exceeded, working out at 3434p. Despite this secondary ambition making perfect visual sense, we shall need revisit the share should such a target level be achieved.

As always, thanks to those who find adverts 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
10:03:56PM	BRENT	70.01									‘cess
10:06:06PM	GOLD	1812.2									Success
10:08:07PM	FTSE	7111
10:10:02PM	FRANCE	6738	6729	6721	6706	6755	6766	6776	6792	6740	‘cess
10:12:29PM	GERMANY	15682									Success
10:14:22PM	US500	4404.2
10:17:04PM	DOW	34829	34791	34702.5	34566	34893	34914	34958	35015	34808
10:19:23PM	NASDAQ	15093									‘cess
10:21:39PM	JAPAN	27514

 

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:BARC Barclays** **LSE:EXPN Experian** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : Applied Graphene, Barclays, Experian, Genel, Hikma, IG Group, Oxford Instruments, Primary Health, Polymetal, President Energy, Rolls Royce, Spirax,

LSE:AGM Applied Graphene. Close Mid-Price: 31 Percentage Change: + 4.73% Day High: 31.5 Day Low: 29.8

Further movement against Applied Graphene ABOVE 31.5 should improve accel ……..

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LSE:BARC Barclays. Close Mid-Price: 178.84 Percentage Change: + 1.41% Day High: 179.2 Day Low: 176.48

In the event of Barclays enjoying further trades beyond 179.2, the share ……..

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LSE:EXPN Experian. Close Mid-Price: 3251 Percentage Change: + 1.18% Day High: 3263 Day Low: 3206

Continued trades against EXPN with a mid-price ABOVE 3263 should improve ……..

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LSE:GENL Genel Close Mid-Price: 136 Percentage Change: -2.44% Day High: 138.6 Day Low: 132.4

In the event Genel experiences weakness below 132.4 it calculates with a ……..

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LSE:HIK Hikma Close Mid-Price: 2655 Percentage Change: -1.30% Day High: 2695 Day Low: 2638

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LSE:IGG IG Group. Close Mid-Price: 918 Percentage Change: + 1.38% Day High: 917.5 Day Low: 893

All IG Group needs are mid-price trades ABOVE 917.5 to improve accelerati ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 0 Percentage Change: + 3.43% Day High: 2560 Day Low: 2410

Target met. Continued trades against OXIG with a mid-price ABOVE 2560 sho ……..

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LSE:PHP Primary Health. Close Mid-Price: 166.8 Percentage Change: + 1.46% Day High: 167.3 Day Low: 164.3

Target met. All Primary Health needs are mid-price trades ABOVE 167.3 to ……..

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LSE:POLY Polymetal. Close Mid-Price: 1565.5 Percentage Change: + 0.32% Day High: 1586.5 Day Low: 1559.5

Continued trades against POLY with a mid-price ABOVE 1586.5 should improv ……..

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LSE:PPC President Energy Close Mid-Price: 1.88 Percentage Change: -7.41% Day High: 2.08 Day Low: 1.82

If President Energy experiences continued weakness below 1.82, it will in ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 104.54 Percentage Change: + 1.36% Day High: 105.34 Day Low: 103.32

In the event of Rolls Royce enjoying further trades beyond 105.34, the sh ……..

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LSE:SPX Spirax. Close Mid-Price: 15330 Percentage Change: + 0.62% Day High: 15520 Day Low: 15235

Target met. Continued trades against SPX with a mid-price ABOVE 15520 sho ……..

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

#FTSE #Nasdaq Similar to the new (and rather tasty) chocolate bar, Caramilk, little things can give considerable promise. Royal Dutch Shell share price has experienced a tiny little nudge upward, the chart inset showing the share has closed above Blue on the chart, literally gapped up by the price of a bar of chocolate! Apparently we should now present an optimistic report for the future based on confectionary!.

Given BP’s share price performance this week, it’s difficult not to experience some optimism for the future of RDS. However, it must be remembered the share is nowhere near recovering above the share level, pre-pandemic, instead spending this year hovering around the 1500p level. But given the price has finally opted to close above the immediate downtrend, we can hopefully extrapolate a future which eases the pain for long suffering investors.

Above 1490p calculates with the potential of fairly near term traffic in the direction of 1613p. Such an ambition is liable to prove important, taking the price above all the highs since the Covid-19 drop was enacted in 2020 and thus, priming the pump for future growth. Above 1613 allows a secondary target of 1733, this being extremely significant as it intrudes into Big Picture territory where a longer term influence at 2017p is shown, rather neatly matching the share price level before the world fell apart and almost certainly capable of providing a future glass ceiling.

For now, our outlook on Royal Dutch Shell is based on the price of a bar of chocolate (as recommended by our local petrol station), hopefully facing a similarly sweet future. Who knew what would happen, when Cadbury mated a Dairy Milk with a Caramac bar?

As always, our very real thanks for those folk who effectively “buy us a coffee” by showing their interest on 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
10:33:51PM	BRENT	72.15									Shambles
10:36:29PM	GOLD	1810.65
10:38:21PM	FTSE	7116.02	7062	7039	7010	7097	7126	7144.5	7176	7076	‘cess
10:40:32PM	FRANCE	6738.9									Success
10:43:26PM	GERMANY	15572									Shambles
10:45:50PM	US500	4417.22									Success
10:48:22PM	DOW	35082.6									‘cess
10:51:53PM	NASDAQ	15052.47	14860	14847	14774	14950	15063	15095.5	15174	14990	Shambles
10:58:52PM	JAPAN	27607									‘cess

 

 

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%

26/07/2021 FTSE Closed at 7025 points. Change of -0.03%. Total value traded through LSE was: £ 4,475,417,848 a change of 19.69%

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:BLOE Block Energy PLC** **LSE:FRES Fresnillo** **LSE:NWG Natwest** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Block Energy PLC, Fresnillo, Natwest, Sainsbury, Spirax, Zoo Digital,

LSE:BLOE Block Energy PLC. Close Mid-Price: 2.75 Percentage Change: + 3.77% Day High: 3 Day Low: 2.6

Target met. Further movement against Block Energy PLC ABOVE 3 should impr ……..

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LSE:FRES Fresnillo. Close Mid-Price: 838.4 Percentage Change: + 1.90% Day High: 849 Day Low: 819

All Fresnillo needs are mid-price trades ABOVE 849 to improve acceleratio ……..

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LSE:NWG Natwest. Close Mid-Price: 207.4 Percentage Change: + 1.42% Day High: 209.9 Day Low: 205.3

Continued trades against NWG with a mid-price ABOVE 209.9 should improve ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 292 Percentage Change: + 2.38% Day High: 293.5 Day Low: 285.3

Target met. In the event of Sainsbury enjoying further trades beyond 293. ……..

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LSE:SPX Spirax. Close Mid-Price: 15235 Percentage Change: + 0.26% Day High: 15270 Day Low: 15050

Target met. All Spirax needs are mid-price trades ABOVE 15270 to improve ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 148.5 Percentage Change: + 0.00% Day High: 150.5 Day Low: 148.5

Continued trades against ZOO with a mid-price ABOVE 150.5 should improve ……..

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

#Gold #WallSt August always presents various reasons to dislike the markets. The obvious one, it’s holiday time when volumes dip and the markets lose ‘buzz’. Also, if not on holiday, who actually prefers being stuck in doors watching monitors, when it’s a nice day outside. Another, less clear, is from Scotland. It can be difficult typing with severely swollen fingers, thanks to a cocktail of midge bites and horsefly bites. Perhaps staying in doors would be wiser!

A visit to A&E at midnight on a Friday is never fun and with a throat swollen to horror movie dimensions, the start of an extremely unpleasant weekend was ahead. Due to 8 weeks of frankly astounding weather here on Scotland’s West Coast, everything which can eat you is enjoying a fabulous breeding season. Particular stars this year are Horsefly (aka Cleggs), A&E seeing a distressing number of folk suffering bites which, in previous years, were completely un-noticed. It’s something to do with the weather, apparently.

As someone now taking 2,000mg of antibiotics a day, along with industrial strength antihistamine pills, morning and night, the idea of wandering outside ‘taking advantage’ of the sunshine has become abhorrent. Long sleeved shirts are the order of the day, gloves worn, a fine midge hood worn, and if no-one is looking, trousers also tucked into socks. Sitting at the monitors, watching the markets, is no longer such a bad idea while counting the hours until the Scottish weather does what it does best, suddenly cooling down and the wind picking up.

 

As we sit indoors, watching everyone enjoy sitting outdoors, it makes sense to wonder how drinks giant, Diageo, are looking as it has been an age since we reviewed their share price. While the company will certainly have suffered from loss of trade during lockdown, apparently retail sales of alcohol flourished during the worst of the pandemic, doubtless creating a swings and roundabouts scenario for purveyors of necessary home medicine for those missing visiting their local. Such has been the pattern of share price movements since the share soared above its pre-pandemic levels in April, we’re emboldened to present a future movement scenario.

Above 3,629p suggests the potential of coming growth toward an initial 3,743p with secondary, if bettered, at a longer term 3,961p. If the share price follows the pattern of similar shares in North America, we’d expect some volatility at this secondary level, potentially forcing reversal in the future toward 3,609p and ideally, another bounce.

Near term, for things to go horribly wrong, the price needs relax below 3,400p as this threatens reversal to an initial 3,229p. Below such a point, we’d prefer give the dry Martini another stir as the implications for reversal become as unpleasant as the weather here in Argyll. Quite honestly, we never thought we’d reminisce fondly of the year we were stuck in a mountain road snow drift, during August!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:27:20PM	BRENT	73.02									Success
9:29:35PM	GOLD	1813	1811	1805	1796	1819	1819	1823	1829	1811	‘cess
9:31:24PM	FTSE	7064.06									Success
9:35:58PM	FRANCE	6658									Success
9:38:31PM	GERMANY	15532									‘cess
9:48:37PM	US500	4391.42									‘cess
9:56:34PM	DOW	34878	34806	34761.5	34618	34968	34992	35054	35137	34902	Shambles
9:58:30PM	NASDAQ	14972									‘cess
10:00:51PM	JAPAN	27567									Success

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%

26/07/2021 FTSE Closed at 7025 points. Change of -0.03%. Total value traded through LSE was: £ 4,475,417,848 a change of 19.69%

23/07/2021 FTSE Closed at 7027 points. Change of 0.85%. Total value traded through LSE was: £ 3,739,108,834 a change of -21.27%

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:BLOE Block Energy PLC** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:MRW Morrisons** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Block Energy PLC, Diageo, Experian, Hikma, IG Group, International Personal Finance, Morrisons, Omega Diags, OPG Power Ventures, Primary Health, Petrop etc, Spirax, Zoo Digital,

LSE:BLOE Block Energy PLC. Close Mid-Price: 2.65 Percentage Change: + 10.42% Day High: 2.65 Day Low: 2.4

This has gotten almost interesting as above 2.65 suggests ongoing traffic ……..

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LSE:DGE Diageo. Close Mid-Price: 3600.5 Percentage Change: + 0.84% Day High: 3628 Day Low: 3565

Further movement against Diageo ABOVE 3628 should improve acceleration to ……..

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LSE:EXPN Experian. Close Mid-Price: 3213 Percentage Change: + 1.42% Day High: 3232 Day Low: 3167

Target met. In the event of Experian enjoying further trades beyond 3232, ……..

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LSE:HIK Hikma. Close Mid-Price: 2675 Percentage Change: + 1.10% Day High: 2680 Day Low: 2632

Target met. Further movement against Hikma ABOVE 2680 should improve acce ……..

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LSE:IGG IG Group. Close Mid-Price: 908 Percentage Change: + 1.79% Day High: 913 Day Low: 896

In the event of IG Group enjoying further trades beyond 913, the share sh ……..

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LSE:IPF International Personal Finance Close Mid-Price: 145 Percentage Change: -2.82% Day High: 151.4 Day Low: 143.8

Target met. All International Personal Finance needs are mid-price trades ……..

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LSE:MRW Morrisons. Close Mid-Price: 273 Percentage Change: + 2.02% Day High: 272.5 Day Low: 267.6

Further movement against Morrisons ABOVE 272.5 should improve acceleratio ……..

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LSE:ODX Omega Diags. Close Mid-Price: 52 Percentage Change: + 1.96% Day High: 52 Day Low: 50.5

This perhaps is showing early sign of potential. Above 55 should prove cap ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 13.75 Percentage Change: + 12.24% Day High: 14 Day Low: 12.03

Continued weakness against OPG taking the price below 12 calculates as lea ……..

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LSE:PHP Primary Health. Close Mid-Price: 165.5 Percentage Change: + 1.04% Day High: 165.5 Day Low: 163.9

Target met. In the event of Primary Health enjoying further trades beyond ……..

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LSE:POG Petrop etc Close Mid-Price: 21.36 Percentage Change: -0.28% Day High: 21.7 Day Low: 20.56

In the event Petrop etc experiences weakness below 20.56 it calculates wi ……..

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LSE:SPX Spirax. Close Mid-Price: 15195 Percentage Change: + 1.23% Day High: 15225 Day Low: 14980

Further movement against Spirax ABOVE 15225 should improve acceleration t ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 148.5 Percentage Change: + 8.39% Day High: 148.5 Day Low: 137

Target met. In the event of Zoo Digital enjoying further trades beyond 14 ……..

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

#Brent #Dax With shares, it’s all a matter of where you’re standing! If you’d bought Barclays back in 2013, when the share price was at 300p and the media full of promise for the future, you’re probably a little jaded at the journey you’ve been on, especially as the share is currently 174.5p. Alternately, had you bought the share a year ago, you’d be rather chuffed, the price rising by a solid 74.5% in the interim.

Alas, we should all take a moment for the folk who bought in 2007 and that day in February the share price nearly hit 800p. It’s always said trading shares is a long game but everyone envies those who opted to buy Barclays at 100p, exactly a year ago.

 

Things are starting to look promising, finally, for this share price. We’ve made a fair bit of noise about the 190p level looking crucially important for the longer term. Finally, it appears to be the case some hope is justified for this irritating level to experience a movement attempt. Above just 179p looks capable of an initial 192p with secondary, if exceeded, at 199p. Both ambitions should provide a reasonable chance for Barclays to finally close a session above the critical 190p level, hopefully opening the gates to some proper longer term recovery.

Once the share finds sufficient excuse to close above the 190p level, we regard 240p as exerting a pretty significant influence for the future.

 

We were fairly relieved the recent reversal failed to make it all the way down to our secondary 149p, instead opting to bounce at 156p. Perhaps this implies some strength in the way the market is viewing Barclays. It’s now the case below 161 threatens an initial 143 with secondary, if broken, at a bottom of 128p. Visually this appears unlikely.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:17:56PM	BRENT	75.17	74.36	73.94	73.37	75.3	75.4	75.74	76.3	74.7	‘cess
3:21:01PM	GOLD	1814.34									Success
10:26:49PM	FTSE	7038.72									‘cess
10:31:27PM	FRANCE	6618									‘cess
10:33:58PM	GERMANY	15570	15528	15494	15455	15567	15611	15653	15726	15532	Success
10:44:53PM	US500	4397									‘cess
10:47:27PM	DOW	34944
10:49:50PM	NASDAQ	14966
10:51:42PM	JAPAN	27492									Success

 

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%

26/07/2021 FTSE Closed at 7025 points. Change of -0.03%. Total value traded through LSE was: £ 4,475,417,848 a change of 19.69%

23/07/2021 FTSE Closed at 7027 points. Change of 0.85%. Total value traded through LSE was: £ 3,739,108,834 a change of -21.27%

22/07/2021 FTSE Closed at 6968 points. Change of -0.43%. Total value traded through LSE was: £ 4,748,992,590 a change of -28.77%

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:CEG Challenger Energy (aka Bahamas Pet)** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:IPF International Personal Finance** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:RMG Royal Mail** **

********

Updated charts published on : Challenger Energy (aka Bahamas Pet), Centrica, Experian, International Personal Finance, Intertek, ITV, Royal Mail,

LSE:CEG Challenger Energy (aka Bahamas Pet). Close Mid-Price: 1.85 Percentage Change: + 2.78% Day High: 1.9 Day Low: 1.85

In the event Challenger Energy (aka Bahamas Pet) experiences weakness bel ……..

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LSE:CNA Centrica Close Mid-Price: 45.47 Percentage Change: -2.17% Day High: 46.91 Day Low: 45.21

Continued weakness against CNA taking the price below 45.21 calculates as ……..

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LSE:EXPN Experian Close Mid-Price: 3168 Percentage Change: -0.06% Day High: 3185 Day Low: 3123

All Experian needs are mid-price trades ABOVE 3185 to improve acceleratio ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 149.2 Percentage Change: + 5.22% Day High: 149 Day Low: 138.6

Continued trades against IPF with a mid-price ABOVE 149 should improve th ……..

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LSE:ITRK Intertek Close Mid-Price: 5156 Percentage Change: -7.99% Day High: 5262 Day Low: 5024

If Intertek experiences continued weakness below 5024, it will invariably ……..

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LSE:ITV ITV Close Mid-Price: 112.2 Percentage Change: -1.71% Day High: 114.2 Day Low: 111.1

Weakness on ITV below 111.1 will invariably lead to 104 with secondary, i ……..

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LSE:RMG Royal Mail Close Mid-Price: 504.2 Percentage Change: -0.75% Day High: 508.4 Day Low: 497.4

If Royal Mail experiences continued weakness below 497.4, it will invaria ……..

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

#FreeFutures #FTSE #Gold It’s been a tough week, due to a bereavement, but thankfully with a couple of lighter moments. In fact, in some ways remarkably similar to the moods exhibited by the FTSE. Hysterical hilarity was provided, due to failing to recognise the difference between my wife or daughter’s voice in a phone call. With my wife’s mother passing away in hospital on the mainland, one of the  daughters, notoriously tight fisted, was grumbling at the costs involved in returning her mothers body ‘across the water in Argyll’ for the funeral.

When my phone rang, mistaking my daughters voice for my wife created a dreadful mental image. I thought I heard my wife say, “Lucy is on the ferry with Mum and they’re coming over as passengers!” An immediate vision of the penny pinching woman, somehow getting her mothers body into a wheelchair and pushing it onto the ferry was, for a brief time, quite believable.

My daughter heard the impending explosion in my loud “she has what?”, quickly saying, “It’s me, Jax. I just dropped Lucy and Mum at the ferry terminal”

Once I realised it was my wife and sister on the ferry, a giggle turned into uncontrolled laughter, the story resonating through the family for the rest of the day. I secretly suspect ‘Lucy’ is annoyed for not having thought of the idea.

 

Similarly, the FTSE has spent this week, threatening the worst but finally, on Thursday, it started to make some sense as the market exceeded the weeks high of 7038 points and more importantly, closed the session above 7027 points, thus exceeding the point of trend break for Uptrend #7 and giving hope for the future. From our usual perspective, this is liable to be quite a big deal, were it not for moves internationally against the index’ during Thursday evening. Some fairly sharp reversals have taken place but curiously, Wall St has failed follow the Nasdaq and S&P 500 over a cliff.

We wonder if the reversals were just nerves from traders, worried at the markets starting to overheat. If this is the case, time will tell. The FTSE needs below 6900 points before hysteria is justified, the market once again risking reversal to 6500 in such a scenario.

Instead, it appears above 7098 points should make a fairly modest attempt at 7114 points near term. If exceeded, our secondary works out at a longer term 7193 points and this is liable to prove a big deal for the longer term. Unfortunately, if this triggers, the stop needs be wide around 7008 points, thanks to the markets showing aggressive movements in attempts to slow down gains.

The alternate scenario, if the FTSE wanders below 7009 points,  calculates with a drop potential toward an initial 6973 points. If broken, our secondary works out at 6905 points, dangerously close to causing real trouble for the market.

 

Finally, we referred to 7193 above as a Big Deal for the longer term. Achieving such a level, while making it almost certain London intends challenge the pre-Covid level of 7550 points, also places the FTSE in a position where 8088 shall be viewed as the ruling big picture influence.

Yet again, our sincere thanks to the kind folk who find adverts by Google 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
9:54:25PM	BRENT	74.9	73.97	73.485		74.67	75.15	75.545		73.97	‘cess
9:56:44PM	GOLD	1828.02	1821	1818		1828	1833	1838		1823	Success
9:58:28PM	FTSE	7045.88	7027	7002		7074	7090	7097		7005	‘cess
10:00:21PM	FRANCE	6622.5	6613	6598		6654	6670	6732		6613	Success
10:02:28PM	GERMANY	15575	15520	15497		15614	15638	15669		15548	‘cess
10:09:01PM	US500	4405	4393	4388		4423	4430	4437		4400	‘cess
10:24:21PM	DOW	35106	34879	34792		35055	35164	35239		35049
10:28:34PM	NASDAQ	14930	14914	14876.5		14999	15006	15028.5		14968	Shambles
10:36:54PM	JAPAN	27757	27627	27572		27824	27938	28025		27694

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%

26/07/2021 FTSE Closed at 7025 points. Change of -0.03%. Total value traded through LSE was: £ 4,475,417,848 a change of 19.69%

23/07/2021 FTSE Closed at 7027 points. Change of 0.85%. Total value traded through LSE was: £ 3,739,108,834 a change of -21.27%

22/07/2021 FTSE Closed at 6968 points. Change of -0.43%. Total value traded through LSE was: £ 4,748,992,590 a change of -28.77%

21/07/2021 FTSE Closed at 6998 points. Change of 1.7%. Total value traded through LSE was: £ 6,667,496,815 a change of 20.91%

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.

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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:CNA Centrica** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **

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Updated charts published on : British Telecom, Centrica, Diageo, Experian, Fresnillo, Glencore Xstra, Oxford Instruments, Polymetal, Royal Mail, Rolls Royce,

LSE:BT.A British Telecom Close Mid-Price: 171.9 Percentage Change: -6.55% Day High: 178.55 Day Low: 167.4

Target met. If British Telecom experiences continued weakness below 167.4 ……..

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LSE:CNA Centrica Close Mid-Price: 46.48 Percentage Change: -2.04% Day High: 47.64 Day Low: 46.62

Weakness on Centrica below 46.62 will invariably lead to 43.7 with second ……..

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LSE:DGE Diageo. Close Mid-Price: 3540 Percentage Change: + 0.77% Day High: 3607 Day Low: 3397

Target met. Continued trades against DGE with a mid-price ABOVE 3607 shou ……..

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LSE:EXPN Experian. Close Mid-Price: 3170 Percentage Change: + 1.54% Day High: 3180 Day Low: 3116

Further movement against Experian ABOVE 3180 should improve acceleration ……..

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LSE:FRES Fresnillo. Close Mid-Price: 820.6 Percentage Change: + 1.76% Day High: 833.4 Day Low: 815.2

In the event of Fresnillo enjoying further trades beyond 833.4, the share ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 329.45 Percentage Change: + 0.76% Day High: 333.1 Day Low: 327.8

All Glencore Xstra needs are mid-price trades ABOVE 333.1 to improve acce ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2490 Percentage Change: + 2.26% Day High: 2550 Day Low: 2425

Further movement against Oxford Instruments ABOVE 2550 should improve acc ……..

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LSE:POLY Polymetal. Close Mid-Price: 1557.5 Percentage Change: + 1.47% Day High: 1580 Day Low: 1547.5

Target met. All Polymetal needs are mid-price trades ABOVE 1580 to improv ……..

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LSE:RMG Royal Mail Close Mid-Price: 508 Percentage Change: -3.13% Day High: 517.6 Day Low: 501.8

Continued weakness against RMG taking the price below 501.8 calculates as ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 102.18 Percentage Change: + 0.47% Day High: 104.4 Day Low: 101.6

Further movement against Rolls Royce ABOVE 104.4 should improve accelerati ……..

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