{"id":1384,"date":"2019-11-20T23:08:41","date_gmt":"2019-11-20T23:08:41","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1384"},"modified":"2019-11-21T02:03:15","modified_gmt":"2019-11-21T02:03:15","slug":"barclays-for-21-11-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/11\/20\/barclays-for-21-11-2019\/","title":{"rendered":"Barclays for 21\/11\/2019"},"content":{"rendered":"\n<p><strong>#DOW #CAC40 <\/strong>Once a month we review the retail banks, once a month we report sod all is really  happening  (link). It&#8217;s like trying to find something new to write about Brexit, a subject already flogged to death but like all good masochists, we shall try once  again to make sense of Barclays and the future.<\/p>\n\n\n\n<p>The immediate problem we face with this has been a lack \nof proper recovery. Our last review speculated on movement from 154 to 161 to \n177p and the best the share achieved was just below 174p where it fizzled like a \ncheap firework. While we can now report movement above 174p should bring a \nconfident looking 179p, the longer term secondary calculation of 187 looks \nconsiderably less likely. In fact, it becomes easy to calculate a distant 204 as \nviable, if any of this scenario comes to fruition.<\/p>\n\n\n\n<p>Of course, there&#8217;s an additional problem. The ruling \ndowntrend (Blue) is presently at 177.173p and the market has carefully respected \nthis line since July 2015. This level of homage tends make is suspect the share \nprice shall remain trapped until such time the UK&#8217;s future appears settled, a \nsubject of considerable doubt at present. <\/p>\n\n\n\n<p>If the markets intention is to keep Barclays &#8220;trapped&#8221; \nuntil a route to the future appears, we shall not be aghast if weakness now \nbelow 164 forces reversal to 159 with secondary, when broken, at 154 and \nhopefully a rebound.<\/p>\n\n\n\n<p>For Barclays to get into serious trouble, the share \nprice now needs break below Red, presently at 136p. Such a calamity looks \ncapable of driving 126p, a short term bounce, then a further trip down to 110p \nand hopefully a real bounce.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/barc201119.jpg\" alt=\"Hey, chart goes here\"\/><\/figure>\n\n\n\n<\/p>\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=\"FUTURES538\"><font size=\"2\">FUTURES<\/font><\/a><TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:39:54PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">61.84<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/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\">10:27:57PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1472.19<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/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\">10:30:03PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7250.68<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/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\">10:32:25PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5877.2<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5857<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5848.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5823<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5914<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5914<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5925.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5948<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5870<\/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\">10:34:16PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13116.27<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/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\">10:41:48PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3101.62<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/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\">10:43:49PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27753<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27667<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27610<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27488<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27902<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27905<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">28000<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">28109<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">27795<\/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\">10:45:33PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8264.37<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/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\">10:47:27PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23145<\/font><\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n<p align=\"center\">&nbsp;<\/p>\n<H5>20\/11\/2019 FTSE Closed at 7262 points. Change of -0.83%. Total value traded through LSE was: \u00a3       6,298,819,044 a change of 17.12%<\/h><\/p>\n<H5>19\/11\/2019 FTSE Closed at 7323 points. Change of 0.22%. Total value traded through LSE was: \u00a3       5,378,033,826 a change of -0.49%<\/h><\/p>\n<H5>18\/11\/2019 FTSE Closed at 7307 points. Change of 0.07%. Total value traded through LSE was: \u00a3       5,404,777,192 a change of 7.28%<\/h><\/p>\n<H5>15\/11\/2019 FTSE Closed at 7302 points. Change of 0.14%. Total value traded through LSE was: \u00a3       5,038,024,383 a change of -3.76%<\/h><\/p>\n<H5>14\/11\/2019 FTSE Closed at 7292 points. Change of -0.8%. Total value traded through LSE was: \u00a3       5,234,690,954 a change of -2.01%<\/h><\/p>\n<H5>13\/11\/2019 FTSE Closed at 7351 points. Change of -0.19%. Total value traded through LSE was: \u00a3       5,342,219,099 a change of -6.91%<\/h><\/p>\n<H5>12\/11\/2019 FTSE Closed at 7365 points. Change of 0.5%. Total value traded through LSE was: \u00a3       5,738,598,465 a change of -2.15%<\/h><p>&nbsp;<\/p>\n<\/p>\n<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/offer_subscribe.html\" rel=\"noopener noreferrer\">\n<IMG border=\"1\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\">\n","protected":false},"excerpt":{"rendered":"<p>#DOW #CAC40 Once a month we review the retail banks, once a month we report sod all is really happening (link). It&#8217;s like trying to find something new to write about Brexit, a subject already flogged to death but like all good masochists, we shall try once again to make sense of Barclays and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/11\/20\/barclays-for-21-11-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Barclays for 21\/11\/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-1384","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1384","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=1384"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1384\/revisions"}],"predecessor-version":[{"id":1385,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1384\/revisions\/1385"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1384"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}