{"id":1209,"date":"2019-09-12T23:15:32","date_gmt":"2019-09-12T22:15:32","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1209"},"modified":"2019-09-13T08:25:35","modified_gmt":"2019-09-13T07:25:35","slug":"ftse-canntrust-too-13-09-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/09\/12\/ftse-canntrust-too-13-09-2019\/","title":{"rendered":"FTSE &#038; CannTrust too, 13\/09\/2019"},"content":{"rendered":"\n<p><strong>#DAX #DOW #Nasdaq <\/strong>The markets appear to be ignoring UK Boris. Since the Falklands, one of the favourite toys in beleaguered UK PM&#8217;s playbook has been to go to war with someone. Our current PM, in conflict with Scotland, all the MP&#8217;s, and now, The  Queen, has changed the game. He hasn&#8217;t actually declared a conflict yet, perhaps this being the reason for FTSE stability.<\/p>\n\n\n\n<p>Firstly, CannTrust, a cannabis focussed share which is \ngetting a fair bit of coverage in forums as a &#8220;cheap&#8221; share. Presently trading \naround 1.61 dollars, the price requires above 2 dollars to convince it has a \nreasonable future. Instead, more likely is weakness below 1.57 risking further \nreversal to an initial 1.04 dollars. Worse, if broken, bottom is at 0.23 \ndollars, this being a point we cannot calculate below. Despite the popularity of \ncannabis shares, we&#8217;d prefer advocating caution with this one as it&#8217;s liable to \nleave investors &#8220;walking funny&#8221; with the wrong sort of cannabis experience!<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/ctst120919.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>Our ever popular <strong>FTSE for FRIDAY<\/strong> worries us a little, because our bias \nis toward some upward travel. Given UK media coverage of the British PM, we \nappear to have a &#8216;Trump like&#8217; character, only one without brain or charisma.&nbsp; \nOf course, USA markets flourished under the tutelage of the US president, so \nperhaps we shall suffer similar fate in the UK. This being the case, now above \njust 7370 points calculates with an initial near term ambition of 7398 points. \nIf exceeded, secondary is at 7424 points. However, beware any triggering \nmovement which happens with an opening second spike upward on the FTSE. If \ntriggered, the tightest stop is wide at 7285 points. We&#8217;ve a theory we&#8217;re \nworking on which suggests tighter could be safe at 7328 points. We&#8217;re cautious \nwith this one.<\/p>\n\n\n\n<p>Allegedly, in the event the market makes it below 7328, we should anticipate \nreversal to an initial 7297 points. If broken, our secondary comes along at 7237 \npoints. If triggered, stop can be 7364 points.<\/p>\n\n\n\n<p>Have a good weekend, even though there isn&#8217;t a Grand Prix.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/ukx120919.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/TD> <\/TR>\n<A name=\"FUTURES494\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:22:12PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">59.99<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">58.53<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">57.99<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">60.25<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">61.06<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">62.025<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">59.87<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:35:35PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1499.82<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1496<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1489.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1509<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1507<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1523.25<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1494<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:42:01PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7352<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7301<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7277<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7361<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7365<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7381.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7314<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:44:25PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5641.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5590<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5578<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5641<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5668<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5688<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5576<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:47:23PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12410.38<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12338<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12274<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12426<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12475<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12525.25<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12341<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:48:59PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3008.92<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2999<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2992.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3013<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3021<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3026<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3006<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:50:56PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27170<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27105<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27037<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27240<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27322<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27388.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27128<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:52:54PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7916.89<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7882<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7860<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7958<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7966<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7993.75<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7901<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:56:41PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21827<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21691<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21629.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21792<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21883<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21966.25<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21697<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n<p>&nbsp;<\/p>\n<H5>12\/09\/2019 FTSE Closed at 7344 points. Change of 0.08%. Total value traded through LSE was: \u00a3       5,870,235,819 a change of -19.47%<\/h>\n","protected":false},"excerpt":{"rendered":"<p>#DAX #DOW #Nasdaq The markets appear to be ignoring UK Boris. Since the Falklands, one of the favourite toys in beleaguered UK PM&#8217;s playbook has been to go to war with someone. Our current PM, in conflict with Scotland, all the MP&#8217;s, and now, The Queen, has changed the game. He hasn&#8217;t actually declared a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/09\/12\/ftse-canntrust-too-13-09-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FTSE &#038; CannTrust too, 13\/09\/2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1209","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1209"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1209\/revisions"}],"predecessor-version":[{"id":1210,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1209\/revisions\/1210"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1209"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}