{"id":1291,"date":"2019-10-21T23:13:41","date_gmt":"2019-10-21T22:13:41","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1291"},"modified":"2019-10-22T07:29:11","modified_gmt":"2019-10-22T06:29:11","slug":"brent-for-22-10-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/10\/21\/brent-for-22-10-2019\/","title":{"rendered":"Brent for 22\/10\/2019"},"content":{"rendered":"\n

#GOLD #SP500 <\/strong>When we reviewed Brent last month in an utter panic, due to “the Saudi thing”, we’d glued on our usual caveat, saying ‘to justify concern in another direction, the price of Brent requires drip below 56.50 dollars’. Guess what? In the period since, Brent managed to hit 56.1 dollars, filling the first requirement to open the taps of doom.<\/p>\n\n\n\n

Increasingly with the markets we’re opting to play \nthings a little safer, introducing something we call movement weights. This \nnonsense, long used in-house, essentially provides the first calculation which \nwill signal whether a drop (or gain) is real. In the case of Brent, the \nsituation now is of weakness below 56.1 being capable of provoking reversal down \nto an initial 53.78 dollars. In itself, a fairly insignificant movement but, \nshould 53.78 dollars break, we’d take this as a triggering motion which should \nprovide real reversal.<\/p>\n\n\n\n

Thus, now below 53.78 looks capable of entering a cycle \ndown to an initial 48 dollars. Secondary, if broken, calculates at 46 and firmly \ntakes the black stuff into a region where it’s entirely possible 40 dollars \nshould provide an eventual bounce level.<\/p>\n\n\n\n

When we apply similar logic to demand confirmation \nmovement in the other direction is viable, the stuff now needs exceed 63.8 to \nconfirm any trend break is genuine. Recovery such as this should trigger moves \nto an initial 67.5 with secondary, if bettered, at 70.5 dollars. This sort of \nthing takes the price into a region where a longer term 77 looks possible – \nsomething very liable to be game changing from a big picture perspective. We’ve \npencilled 90 dollars as an eventual target!<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n\n
\n\t

Time Issued<\/font><\/TD>

\n\t

Market<\/font><\/TD>

\n\t

Price At Issue<\/font><\/TD>

\n\t

Short Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Long Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:31:02PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

58.87<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:42:07PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1485.12<\/font><\/TD>

\n\t

1481<\/font><\/TD>

\n\t

1477.5<\/font><\/TD>

\n\t

1471<\/font><\/TD>

\n\t

1491<\/font><\/TD>

\n\t

1496<\/font><\/TD>

\n\t

1500.5<\/font><\/TD>

\n\t

1507<\/font><\/TD>

\n\t

1483<\/font><\/TD>

\n\t

Sorry<\/font><\/TD> <\/TR>\n

\n\t

10:43:59PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7169.42<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:45:54PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5651.7<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:48:04PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12759.7<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:50:52PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

3007.82<\/font><\/TD>

\n\t

2989<\/font><\/TD>

\n\t

2984<\/font><\/TD>

\n\t

2976<\/font><\/TD>

\n\t

3001<\/font><\/TD>

\n\t

3008<\/font><\/TD>

\n\t

3011<\/font><\/TD>

\n\t

3015<\/font><\/TD>

\n\t

2994<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n

\n\t

10:52:55PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

26844.4<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:55:33PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7943<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:58:44PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

22693<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

21\/10\/2019 FTSE Closed at 7163 points. Change of 0.18%. Total value traded through LSE was: \u00a3 5,828,185,910 a change of -4.14%<\/h><\/p>\n
18\/10\/2019 FTSE Closed at 7150 points. Change of -0.45%. Total value traded through LSE was: \u00a3 6,079,930,950 a change of -11.12%<\/h><\/p>\n
17\/10\/2019 FTSE Closed at 7182 points. Change of 0.21%. Total value traded through LSE was: \u00a3 6,840,362,941 a change of -0.43%<\/h><\/p>\n
16\/10\/2019 FTSE Closed at 7167 points. Change of -0.61%. Total value traded through LSE was: \u00a3 6,869,588,006 a change of -8.47%<\/h><\/p>\n
15\/10\/2019 FTSE Closed at 7211 points. Change of -0.03%. Total value traded through LSE was: \u00a3 7,505,649,682 a change of 32.93%<\/h><\/p>\n
14\/10\/2019 FTSE Closed at 7213 points. Change of -0.47%. Total value traded through LSE was: \u00a3 5,646,210,010 a change of -31.78%<\/h><\/p>\n
11\/10\/2019 FTSE Closed at 7247 points. Change of 0.85%. Total value traded through LSE was: \u00a3 8,276,859,342 a change of 51.67%<\/h>

 <\/p>\n<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#GOLD #SP500 When we reviewed Brent last month in an utter panic, due to “the Saudi thing”, we’d glued on our usual caveat, saying ‘to justify concern in another direction, the price of Brent requires drip below 56.50 dollars’. Guess what? In the period since, Brent managed to hit 56.1 dollars, filling the first requirement … <\/p>\n

Continue reading “Brent for 22\/10\/2019”<\/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-1291","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1291","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=1291"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1291\/revisions"}],"predecessor-version":[{"id":1292,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1291\/revisions\/1292"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1291"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}