{"id":535,"date":"2018-10-23T23:01:53","date_gmt":"2018-10-23T22:01:53","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=535"},"modified":"2018-10-24T08:20:52","modified_gmt":"2018-10-24T07:20:52","slug":"trends-and-targets-for-24-10-2018","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2018\/10\/23\/trends-and-targets-for-24-10-2018\/","title":{"rendered":"Trends and Targets for 24\/10\/2018"},"content":{"rendered":"

#FEVERTREE #CAC40 #US500<\/b><\/span> Last time we reviewed Fevertree a year ago, we were quite optimistic regarding its future price potentials. Thankfully, our predictions proved accurate, eventually exceeded quite nicely too. This time around, we’re rather less confident and it’s all to do with a single price motion.<\/span><\/p>\n

 <\/p>\n

Circled on the chart, on October 11th, the share price dropped to 2463p. To us, this immediately rung an alarm bell as it broke the extremely well defined uptrend since June 2016. When this sort of thing happens, it can often be worth paying close attention as the market just proved a perfect uptrend can be broken. Despite the share price NOT closing below RED, it’s a warning signal, one we’d be daft to ignore.<\/span><\/p>\n

At present, the share price is trading around 2675p, once again threatening RED. Some fairly controlled panic appears possible should it now manage below 2590 as reversal to 2226 calculates as possible. If broken, secondary comes in at 1854p.<\/span><\/p>\n

Around the 1854 point, things get a little scary. While visually it’s almost promised any drop should bounce at such a point, the longer term implication is quite nasty, should 1854 break. Any scenario including this gives ultimate bottom at 1073p!<\/span><\/p>\n

 <\/p>\n

When we give “ultimate bottoms” as part of any Big Picture analysis, they are only “ultimate” because we cannot calculate anything sane below such a point. It gives a reasonable expectation of a bounce, should any “ultimate” level make an appearance. At present, absolutely nothing related to this share price gives such a threat, just a Halloween scary moment on October 11th.<\/span><\/p>\n

Oddly, the price does exhibit a manipulation gap from around the 11 quid level back in January 2017 (shown with a green box). If anyone fancies a gap covering exercise against the price, reversal to 1073 would certainly cover the evidence and balance the books…<\/span><\/p>\n

\"Chart<\/a><\/span><\/p>\n

 <\/p>\n

<\/a>FUTURES<\/span><\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

Time Issued<\/span><\/p>\n<\/td>\n

\n

Market<\/span><\/p>\n<\/td>\n

\n

Price At Issue<\/span><\/p>\n<\/td>\n

\n

Short Entry<\/span><\/p>\n<\/td>\n

\n

Fast Exit<\/span><\/p>\n<\/td>\n

\n

Slow Exit<\/span><\/p>\n<\/td>\n

\n

Stop<\/span><\/p>\n<\/td>\n

\n

Long Entry<\/span><\/p>\n<\/td>\n

\n

Fast Exit<\/span><\/p>\n<\/td>\n

\n

Slow Exit<\/span><\/p>\n<\/td>\n

\n

Stop<\/span><\/p>\n<\/td>\n

\n

Prior<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

9:15:38PM<\/span><\/p>\n<\/td>\n

\n

BRENT<\/span><\/p>\n<\/td>\n

\n

76.19<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

9:32:27PM<\/span><\/p>\n<\/td>\n

\n

GOLD<\/span><\/p>\n<\/td>\n

\n

1230.34<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

9:34:46PM<\/span><\/p>\n<\/td>\n

\n

FTSE<\/span><\/p>\n<\/td>\n

\n

7013.39<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

9:38:17PM<\/span><\/p>\n<\/td>\n

\n

FRANCE<\/span><\/p>\n<\/td>\n

\n

5028.2<\/span><\/p>\n<\/td>\n

\n

4984<\/span><\/p>\n<\/td>\n

\n

4932<\/span><\/p>\n<\/td>\n

\n

4896<\/span><\/p>\n<\/td>\n

\n

5040<\/span><\/p>\n<\/td>\n

\n

5061<\/span><\/p>\n<\/td>\n

\n

5084.5<\/span><\/p>\n<\/td>\n

\n

5128<\/span><\/p>\n<\/td>\n

\n

4992<\/span><\/p>\n<\/td>\n

\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

9:40:48PM<\/span><\/p>\n<\/td>\n

\n

GERMANY<\/span><\/p>\n<\/td>\n

\n

11405<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

10:27:01PM<\/span><\/p>\n<\/td>\n

\n

US500<\/span><\/p>\n<\/td>\n

\n

2742.62<\/span><\/p>\n<\/td>\n

\n

2699<\/span><\/p>\n<\/td>\n

\n

2676<\/span><\/p>\n<\/td>\n

\n

2661<\/span><\/p>\n<\/td>\n

\n

2721<\/span><\/p>\n<\/td>\n

\n

2753<\/span><\/p>\n<\/td>\n

\n

2771<\/span><\/p>\n<\/td>\n

\n

2798<\/span><\/p>\n<\/td>\n

\n

2717<\/span><\/p>\n<\/td>\n

\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

10:34:56PM<\/span><\/p>\n<\/td>\n

\n

DOW<\/span><\/p>\n<\/td>\n

\n

25263<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

10:36:48PM<\/span><\/p>\n<\/td>\n

\n

NASDAQ<\/span><\/p>\n<\/td>\n

\n

7127.75<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

‘cess<\/span><\/p>\n<\/td>\n<\/tr>\n

<\/td>\n\n

10:39:30PM<\/span><\/p>\n<\/td>\n

\n

JAPAN<\/span><\/p>\n<\/td>\n

\n

22158<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

23\/10\/2018 FTSE Closed at 6955 points. Change of -1.24%. Total value traded through LSE was: \u00a3 9,250,752,256 a change of 48.14%<\/h5>\n
22\/10\/2018 FTSE Closed at 7042 points. Change of -0.1%. Total value traded through LSE was: \u00a3 6,244,485,497 a change of 2.54%<\/h5>\n
19\/10\/2018 FTSE Closed at 7049 points. Change of 0.33%. Total value traded through LSE was: \u00a3 6,089,694,862 a change of -8.8%<\/h5>\n
18\/10\/2018 FTSE Closed at 7026 points. Change of -0.41%. Total value traded through LSE was: \u00a3 6,677,006,218 a change of -1.48%<\/h5>\n
17\/10\/2018 FTSE Closed at 7055 points. Change of -0.06%. Total value traded through LSE was: \u00a3 6,777,069,571 a change of -10.12%<\/h5>\n
16\/10\/2018 FTSE Closed at 7059 points. Change of 0.43%. Total value traded through LSE was: \u00a3 7,540,354,046 a change of -9.39%<\/h5>\n
15\/10\/2018 FTSE Closed at 7029 points. Change of 0.49%. Total value traded through LSE was: \u00a3 8,321,774,185 a change of -22.32%<\/span><\/h5>\n

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

#FEVERTREE #CAC40 #US500 Last time we reviewed Fevertree a year ago, we were quite optimistic regarding its future price potentials. Thankfully, our predictions proved accurate, eventually exceeded quite nicely too. This time around, we’re rather less confident and it’s all to do with a single price motion.<\/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-535","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/535","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=535"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/535\/revisions"}],"predecessor-version":[{"id":536,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/535\/revisions\/536"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=535"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}