{"id":550,"date":"2018-10-30T22:13:35","date_gmt":"2018-10-30T22:13:35","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=550"},"modified":"2018-10-31T08:38:22","modified_gmt":"2018-10-31T08:38:22","slug":"trends-and-targets-for-31-10-2018","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2018\/10\/30\/trends-and-targets-for-31-10-2018\/","title":{"rendered":"Trends and Targets for 31\/10\/2018"},"content":{"rendered":"

Royal Bank of Scotland #CAC40 #Sp500 <\/b><\/span>Our last review<\/a> in August against #RBS proposed a drop target initially at 231p. Secondary, when broken, came in at 220p. It was to take near two months of excruciatingly sluggish moves until the target was achieved. To our surprise, the share has actually bounced from our 220p!<\/span><\/p>\n

We’ve a bit of a problem with this rebound, the share requiring any movements now to exceed 235p to trigger some recovery to an initial 242p. The key element shall come, if 242p is bettered as this justifies ongoing recovery toward an important 248p.\u00a0 At present achieving 248p will serve to recover the price above the uptrend since The Brexit Vote and again into the realms of illusory safety.<\/span><\/p>\n

 <\/p>\n

As always, we have doubts.<\/span><\/p>\n

 <\/p>\n

It’s important we acknowledge our drop target at 220p was not actually broken, this perhaps arithmetically presenting an approach to 242 as possible. But unfortunately, the bigger picture remains warning of weakness below 220p generating travel down to 212 initially with secondary, if broken, at a “must bounce” level of 204p. Of course, there can never be a certainty any bounce shall prove long lived, thanks to any fraction below 204p signalling 187p and below for the future.<\/span><\/p>\n

In summary, while the share is indeed exhibiting a bounce, we’ve considerable doubts thanks to the attention paid to the RED Brexit uptrend. Essentially, we still suspect 204p shall make an appearance eventually.<\/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

9:24:16PM<\/span><\/p>\n<\/td>\n

\n

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

\n

76.23<\/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

9:25:55PM<\/span><\/p>\n<\/td>\n

\n

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

\n

1223.6<\/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

9:27:36PM<\/span><\/p>\n<\/td>\n

\n

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

\n

7079.22<\/span><\/p>\n<\/td>\n

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

9:29:11PM<\/span><\/p>\n<\/td>\n

\n

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

\n

5020<\/span><\/p>\n<\/td>\n

\n

4954<\/span><\/p>\n<\/td>\n

\n

4946.25<\/span><\/p>\n<\/td>\n

\n

4902<\/span><\/p>\n<\/td>\n

\n

4995<\/span><\/p>\n<\/td>\n

\n

5020<\/span><\/p>\n<\/td>\n

\n

5053<\/span><\/p>\n<\/td>\n

\n

5095<\/span><\/p>\n<\/td>\n

\n

4962<\/span><\/p>\n<\/td>\n

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

9:39:39PM<\/span><\/p>\n<\/td>\n

\n

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

\n

11375<\/span><\/p>\n<\/td>\n

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

9:41:09PM<\/span><\/p>\n<\/td>\n

\n

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

\n

2684.67<\/span><\/p>\n<\/td>\n

\n

2630<\/span><\/p>\n<\/td>\n

\n

2613.5<\/span><\/p>\n<\/td>\n

\n

2588<\/span><\/p>\n<\/td>\n

\n

2673<\/span><\/p>\n<\/td>\n

\n

2690<\/span><\/p>\n<\/td>\n

\n

2710<\/span><\/p>\n<\/td>\n

\n

2746<\/span><\/p>\n<\/td>\n

\n

2630<\/span><\/p>\n<\/td>\n

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

9:43:39PM<\/span><\/p>\n<\/td>\n

\n

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

\n

24898.3<\/span><\/p>\n<\/td>\n

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

9:45:26PM<\/span><\/p>\n<\/td>\n

\n

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

\n

6825.75<\/span><\/p>\n<\/td>\n

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

9:47:57PM<\/span><\/p>\n<\/td>\n

\n

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

\n

21661<\/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<\/tbody>\n<\/table>\n

 <\/p>\n

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

Royal Bank of Scotland #CAC40 #Sp500 Our last review in August against #RBS proposed a drop target initially at 231p. Secondary, when broken, came in at 220p. It was to take near two months of excruciatingly sluggish moves until the target was achieved. To our surprise, the share has actually bounced from our 220p!<\/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-550","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/550","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=550"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/550\/revisions"}],"predecessor-version":[{"id":551,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/550\/revisions\/551"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=550"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}