{"id":1464,"date":"2020-01-06T23:54:49","date_gmt":"2020-01-06T23:54:49","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1464"},"modified":"2020-01-07T03:26:47","modified_gmt":"2020-01-07T03:26:47","slug":"brent-crude-7-01-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/06\/brent-crude-7-01-2020\/","title":{"rendered":"Brent Crude 7\/01\/2020"},"content":{"rendered":"\n

#BRENT #<\/strong>Gold #SP500 Few market signals are more useful than “the drop dead obvious”. Moves such as this become self fulfilling prophecies, simply due to the sheer volume of people watching an indicator, each believing they are the only one being clever. At present, Brent Crude exhibits such a sense of nonsense, thanks to the downtrend since 2008.<\/p>\n\n\n\n

This trend line (shown below in BLUE) has been pretty \nfirmly respected over the years and it’d be mad to think the current surge in \nthe price of crude shall not face being derailed by the trend. Presently, this \n12 year old line, ageing like a decent malt, needs the price of the black glop \nto exceed 86 dollars to suggest oil prices are about to go slightly crazy. Of \ncourse, the risk of further conflict in the Middle East is always going to be \ncapable of provoking an interesting market. Essentially, above 86 dollars \ncalculates with an initial ambition at 98 with secondary, if exceeded, a longer \nterm 110 dollars. Surprisingly, a ceiling around 110 dollars makes for a very \nlogical picture on the chart.<\/p>\n\n\n\n

Alas, this appears unlikely given moves since the start \nof this year. Now above 71 dollars suggests growth to 74.50 and some hesitation, \ngiven prior highs. If exceeded, our secondary calculates at 81 dollars, an \nambition unable to break the ruling downtrend anytime soon. Can we be the only \nfolk wondering whether, thanks to 2019’s terrorism attack on a Saudi refinery \nfailing to give a lasting boost to oil, we’re now witnessing another artificial \n(aside from those directly involved) attempt to ignite prices to new highs.<\/p>\n\n\n\n

Of course, perhaps we’re just becoming too cynical. But \nif Brent somehow manages below 60 dollars anytime soon, it remains with the \nprospect of a bottom at 39 dollars.<\/p>\n\n\n\n

\"Hey,<\/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

10:50:27PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

68.34<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

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

\n\t

GOLD<\/font><\/TD>

\n\t

1566.19<\/font><\/TD>

\n\t

1560<\/font><\/TD>

\n\t

1555<\/font><\/TD>

\n\t

1544<\/font><\/TD>

\n\t

1580<\/font><\/TD>

\n\t

1582<\/font><\/TD>

\n\t

1589.5<\/font><\/TD>

\n\t

1599<\/font><\/TD>

\n\t

1566<\/font><\/TD>

\n\t

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

\n\t

10:56:17PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7583.4<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:58:47PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

6023.5<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

11:01:55PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

13149<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

11:04:01PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

3242.62<\/font><\/TD>

\n\t

3228<\/font><\/TD>

\n\t

3220.5<\/font><\/TD>

\n\t

3211<\/font><\/TD>

\n\t

3238<\/font><\/TD>

\n\t

3249<\/font><\/TD>

\n\t

3255.25<\/font><\/TD>

\n\t

3262<\/font><\/TD>

\n\t

3238<\/font><\/TD>

\n\t

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

\n\t

11:06:44PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

28667<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

11:11:14PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

8839.37<\/font><\/TD>

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

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

\n\t

11:19:22PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

23330<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

 <\/p>\n

6\/01\/2020 FTSE Closed at 7575 points. Change of -0.62%. Total value traded through LSE was: \u00a3 4,720,635,792 a change of 20.67%<\/h><\/p>\n
3\/01\/2020 FTSE Closed at 7622 points. Change of 0.46%. Total value traded through LSE was: \u00a3 3,912,167,844 a change of 21.73%<\/h><\/p>\n
30\/12\/2019 FTSE Closed at 7587 points. Change of -100%. Total value traded through LSE was: \u00a3 3,213,676,764 a change of 0%<\/h><\/p>\n
27\/12\/2019 FTSE Closed at 7644 points. Change of 0%. Total value traded through LSE was: \u00a3 2,906,900,069 a change of 0%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#BRENT #Gold #SP500 Few market signals are more useful than “the drop dead obvious”. Moves such as this become self fulfilling prophecies, simply due to the sheer volume of people watching an indicator, each believing they are the only one being clever. At present, Brent Crude exhibits such a sense of nonsense, thanks to the … <\/p>\n

Continue reading “Brent Crude 7\/01\/2020”<\/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-1464","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1464","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=1464"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1464\/revisions"}],"predecessor-version":[{"id":1465,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1464\/revisions\/1465"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1464"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}