{"id":5514,"date":"2025-04-10T13:30:48","date_gmt":"2025-04-10T12:30:48","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=5514"},"modified":"2025-04-10T13:30:48","modified_gmt":"2025-04-10T12:30:48","slug":"brent-crude-update-ccomoilbrent-mid-day-update","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2025\/04\/10\/brent-crude-update-ccomoilbrent-mid-day-update\/","title":{"rendered":"Brent Crude update (CCOM:OILBRENT) , mid day update…\u00a0"},"content":{"rendered":"

With a truly fascinating display of incompetence, we managed to write a fascinating headline article about Brent Crude, then became distracted during the night by watching what was going on with the US Futures markets. This sort of thing usually sees us running a load of simulations, a usually reliable method to divine the underlying trend in a marketplace. Similar to Formula1, it’s only interesting for some folk whereas for the majority, it can be brain chilling, almost as poorly as last weekends Japanese Grand Prix.\u00a0 It’s very rare for a race to take place which makes Monaco look exciting but Japan, with its single overtake, managed this task.<\/p>\n

We’re certainly the first to concede our approach to the markets can be boring to watch, requiring time and patience while a balance of probabilities resolves itself. Unfortunately, Wednesday evening looks like it also bored ourselves, shutting down the systems around 5am and completely forgetting to his “Publish” for our work on Brent. It was a major “Doh” moment as by this point of a session, the headline article has our Futures outlook attached, along with a bunch of updates against shares. This created the situation where absolutely nothing was published!<\/p>\n

And so, we’re doing a mid-day update against Brent, trying to figure out what the heck is going on. Our previous outlook back in February indicated the potential of a market “bottom” at the 60 dollar level, something rather neatly achieved despite the price of the black stuff breaking the 60 dollar level during the session for 6 hours. By doing so, we’re forced to be cautious in giving recovery potentials.<\/p>\n

<\/span><\/p>\n

 <\/p>\n

Now below $60 risks triggering reversals to an initial 56 dollars with our secondary, if broken, a potential bottom level at 50 dollars. This secondary represents a level where a bounce becomes almost mandatory… Of course, this is the market and there are no rules, other than “Thou Shalt Not Get Caught”.<\/p>\n

Our alternate position, visually less likely at present, indicates movement above $65.2 should make an attempt at an initial 67 dollars with our secondary, if bettered, a longer term 69.6, a position which should change the rules for future gains.<\/p>\n

At time of writing, Brent Futures are messing around at 63.4 dollars, down 3% on the day and doing little to express any real direction.<\/p>\n

<\/span><\/p>\n

 <\/p>\n

FUTURES – as at midnight 9th April. May be out of date now.<\/p>\n

\n

FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/span><\/td>\nMarket<\/span><\/td>\nPrice At Issue<\/span><\/td>\nShort Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nLong Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nPrior<\/span><\/td>\n<\/tr>\n
11:24:48PM<\/span><\/td>\nBRENT<\/span><\/td>\n6587.4<\/span><\/td>\n5823<\/span><\/td>\n5530<\/span><\/td>\n5511<\/span><\/td>\n6466<\/span><\/td>\n6595<\/span><\/td>\n6756<\/span><\/td>\n7067<\/span><\/td>\n6450<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
11:41:32PM<\/span><\/td>\nGOLD<\/span><\/td>\n3083.61<\/span><\/td>\n3037<\/span><\/td>\n3016<\/span><\/td>\n2988<\/span><\/td>\n3053<\/span><\/td>\n3098<\/span><\/td>\n3103<\/span><\/td>\n3124<\/span><\/td>\n3072<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:45:23PM<\/span><\/td>\nFTSE<\/span><\/td>\n8108.4<\/span><\/td>\n8039<\/span><\/td>\n8006<\/span><\/td>\n7944<\/span><\/td>\n8142<\/span><\/td>\n8192<\/span><\/td>\n8303<\/span><\/td>\n8560<\/span><\/td>\n8042<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:48:41PM<\/span><\/td>\nGERMANY<\/span><\/td>\n21268.9<\/span><\/td>\n21000<\/span><\/td>\n20848<\/span><\/td>\n20617<\/span><\/td>\n21378<\/span><\/td>\n21547<\/span><\/td>\n21904<\/span><\/td>\n22928<\/span><\/td>\n21046<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
11:52:44PM<\/span><\/td>\nUS500<\/span><\/td>\n5458.9<\/span><\/td>\n5315<\/span><\/td>\n5254<\/span><\/td>\n5184<\/span><\/td>\n5418<\/span><\/td>\n5484<\/span><\/td>\n5500<\/span><\/td>\n5732<\/span><\/td>\n5330<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:59:48PM<\/span><\/td>\nDOW<\/span><\/td>\n40750<\/span><\/td>\n39751<\/span><\/td>\n39312<\/span><\/td>\n38784<\/span><\/td>\n40176<\/span><\/td>\n40904<\/span><\/td>\n40986<\/span><\/td>\n42465<\/span><\/td>\n40537<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
11:04:04PM<\/span><\/td>\nNASDAQ<\/span><\/td>\n19009<\/span><\/td>\n18564<\/span><\/td>\n18335<\/span><\/td>\n18034<\/span><\/td>\n18995<\/span><\/td>\n19222<\/span><\/td>\n19470<\/span><\/td>\n20516<\/span><\/td>\n19020<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
11:07:30PM<\/span><\/td>\nJAPAN<\/span><\/td>\n34374<\/span><\/td>\n34107<\/span><\/td>\n33674<\/span><\/td>\n33198<\/span><\/td>\n34457<\/span><\/td>\n35076<\/span><\/td>\n35366<\/span><\/td>\n37028<\/span><\/td>\n34720<\/span><\/td>\nShambles<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

9\/04\/2025 FTSE Closed at 7679 points. Change of -2.92%. Total value traded through LSE was: \u00a3 7,739,110,542 a change of -9.6%<\/h5>\n
8\/04\/2025 FTSE Closed at 7910 points. Change of 2.7%. Total value traded through LSE was: \u00a3 8,561,122,839 a change of -22.29%<\/h5>\n
7\/04\/2025 FTSE Closed at 7702 points. Change of -4.38%. Total value traded through LSE was: \u00a3 11,016,495,599 a change of 0%<\/h5>\n
4\/04\/2025 FTSE Closed at 8055 points. Change of -4.94%. Total value traded through LSE was: \u00a3 0 a change of -100%<\/h5>\n
3\/04\/2025 FTSE Closed at 8474 points. Change of -1.56%. Total value traded through LSE was: \u00a3 8,189,785,390 a change of 71.42%<\/h5>\n
2\/04\/2025 FTSE Closed at 8608 points. Change of -0.3%. Total value traded through LSE was: \u00a3 4,777,697,374 a change of -10.48%<\/h5>\n
1\/04\/2025 FTSE Closed at 8634 points. Change of 0.61%. Total value traded through LSE was: \u00a3 5,337,298,132 a change of -21.51% <\/a><\/h5>\n

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.<\/span><\/span><\/p>\n

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION <\/span><\/span><\/p>\n

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.<\/span><\/span><\/p>\n

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.<\/span><\/span><\/p>\n

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…<\/p>\n

\n

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares<\/h4>\n

<\/a>Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:HIK Hikma** **LSE:SPT Spirent Comms** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **LSE:WG. Wood Group** **<\/p>\n

********<\/p>\n

Updated charts published on : Astrazeneca, BP PLC, ECO (Atlantic) O & G, MAN, Hikma, Spirent Comms, Standard Chartered, Vodafone, Wood Group,<\/p>\n

\n

LSE:AZN Astrazeneca Close Mid-Price: 9667 Percentage Change: -6.82% Day High: 9997 Day Low: 9574 <\/span><\/h4>\n

Target met. If Astrazeneca experiences continued weakness below 9574, it ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Astrazeneca & Big Picture ***<\/a><\/p>\n

\n

LSE:BP. BP PLC Close Mid-Price: 332.95 Percentage Change: -6.01% Day High: 343.45 Day Low: 329.25 <\/span><\/h4>\n

Target met. Continued weakness against BP. taking the price below 329.25 ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous BP PLC & Big Picture *** <\/a><\/p>\n

\n

LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 7.65 Percentage Change: -5.56% Day High: 7.75 Day Low: 7.35 <\/span><\/h4>\n

Weakness on ECO (Atlantic) O & G below 7.35 will invariably lead to 7p wi ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous ECO (Atlantic) O & G & Big Picture ***<\/a><\/p>\n

\n

LSE:EMG MAN Close Mid-Price: 163.9 Percentage Change: -3.19% Day High: 165.8 Day Low: 159.5 <\/span><\/h4>\n

Weakness on MAN below 159.5 will invariably lead to 152p with secondary ( ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous MAN & Big Picture ***<\/a><\/p>\n

\n

LSE:HIK Hikma Close Mid-Price: 1774 Percentage Change: -3.64% Day High: 1810 Day Low: 1751 <\/span><\/h4>\n

Continued weakness against HIK taking the price below 1751 calculates as ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Hikma & Big Picture ***<\/a><\/p>\n

\n

LSE:SPT Spirent Comms Close Mid-Price: 173.8 Percentage Change: -2.03% Day High: 179 Day Low: 166 <\/span><\/h4>\n

If Spirent Comms experiences continued weakness below 166, it will invari ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Spirent Comms & Big Picture ***<\/a><\/p>\n

\n

LSE:STAN Standard Chartered Close Mid-Price: 878.8 Percentage Change: -4.77% Day High: 904.2 Day Low: 872.8 <\/span><\/h4>\n

Weakness on Standard Chartered below 872.8 will invariably lead to 821 wi ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Standard Chartered & Big Picture ***<\/a><\/p>\n

\n

LSE:VOD Vodafone Close Mid-Price: 63.92 Percentage Change: -2.38% Day High: 64.54 Day Low: 62.4 <\/span><\/h4>\n

In the event Vodafone experiences weakness below 62.4 it calculates with ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Vodafone & Big Picture ***<\/a><\/p>\n

\n

LSE:WG. Wood Group Close Mid-Price: 23.82 Percentage Change: -4.18% Day High: 25.38 Day Low: 23.5 <\/span><\/h4>\n

This is genuinely worrying as the share price cannot afford to CLOSE a ses ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Wood Group & Big Picture *** <\/a><\/p>\n

\n

*** End of “Updated Today” comments on shares.<\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"

With a truly fascinating display of incompetence, we managed to write a fascinating headline article about Brent Crude, then became distracted during the night by watching what was going on with the US Futures markets. This sort of thing usually sees us running a load of simulations, a usually reliable method to divine the underlying … <\/p>\n

Continue reading “Brent Crude update (CCOM:OILBRENT) , mid day update…\u00a0“<\/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-5514","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5514","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=5514"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5514\/revisions"}],"predecessor-version":[{"id":5515,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5514\/revisions\/5515"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=5514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=5514"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=5514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}