{"id":838,"date":"2019-03-25T01:03:31","date_gmt":"2019-03-25T01:03:31","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=838"},"modified":"2019-03-25T08:23:40","modified_gmt":"2019-03-25T08:23:40","slug":"a-look-at-brent-for-25-03-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/03\/25\/a-look-at-brent-for-25-03-2019\/","title":{"rendered":"A look at Brent for 25\/03\/2019"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><strong>BRENT CRUDE Big Picture<\/strong>. We&#8217;d friends round for dinner on Saturday. Okay, we had Chinese takeaway containers on the table, \nplates, cutlery, several bags of chips, and the \ninevitable bag of prawn crackers for the animals. And wine, lots of wine. Mrs T&amp;T, despite proper chef credentials, likes \nrelaxing with friends rather than cooking for &#8217;em.<\/p>\n\n\n\n<p>During the course of the evening, it became clear there was an almost \nridiculous notion the market analyst in the room would know, with complete \ncertainty, what was going to happen in the future as a result of Brexit. The \nshock, when it was admitted I don&#8217;t have a clue, should not have been a \nsurprise. But at present, there are many indications of share prices being \nplaced in fairly tight ranges until the current chaos &#8211; if it is chaos &#8211; can be \nresolved. Personally speaking, it&#8217;s difficult to trust anything written or \nbroadcast, thanks to the level of agenda&#8217; being promoted. <\/p>\n\n\n\n<p>During the last week, there has been further evidence of share prices being \nstalled into a range with some interesting movements against the retail banks. \nSurprisingly, even Brent Crude (an international benchmark price) seems to be \nshowing the potential of it being trapped for a while.<\/p>\n\n\n\n<p>The immediate situation against Brent seems fairly simple.<\/p>\n\n\n\n<p>Movement now above 69 should promote further growth to an initial 75. If \nexceeded, secondary is at 84 dollars. Visually, neither ambition is particularly \nhelpful as it appears the market intends match the high of last year but \ncertainly, no higher without some volatility first. More probable, if our \nsuspicion about &#8220;parking&#8221; proves correct, shall be weakness now below 64 proving \ncapable of reversal toward 55 and a bonk against the uptrend since 2015. A more \nsevere (but visually unlikely) issue occurs, should the price manage below the \nRED uptrend as future weakness to 35 becomes possible.<\/p>\n\n\n\n<p>For now, we favour the visuals which tend suggest a repeat of last years \nperformance shall prove viable. As a result, it will hopefully be worth watching \nfor similar dance steps enacted by oil related share prices.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/brent230319.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p><a>FUTURES<\/a><\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>\n\tTime Issued<\/td><td>\n\tMarket<\/td><td>\n\tPrice At Issue<\/td><td>\n\tShort Entry<\/td><td>\n\tFast Exit<\/td><td>\n\tSlow Exit<\/td><td>\n\tStop<\/td><td>\n\tLong Entry<\/td><td>\n\tFast Exit<\/td><td>\n\tSlow Exit<\/td><td>\n\tStop<\/td><td>\n\tPrior<\/td><\/tr><tr><td> \n\t5:49:08PM<\/td><td>\n\tBRENT<\/td><td>\n\t66.75<\/td><td>\n\t65.98<\/td><td>\n\t65.595<\/td><td>\n\t64.62<\/td><td>\n\t66.83<\/td><td>\n\t67.8<\/td><td>\n\t67.97<\/td><td>\n\t68.63<\/td><td>\n\t66.57<\/td><td>\n\tSuccess<\/td><\/tr><tr><td> \n\t5:56:25PM<\/td><td>\n\tGOLD<\/td><td>\n\t1314.25<\/td><td>\n\t<\/td><\/tr><tr><td> \n\t5:58:44PM<\/td><td>\n\tFTSE<\/td><td>\n\t7189.49<\/td><td>\n\tSuccess<\/td><\/tr><tr><td> \n\t6:33:39PM<\/td><td>\n\tFRANCE<\/td><td>\n\t5264<\/td><td>\n\tSuccess<\/td><\/tr><tr><td> \n\t6:36:20PM<\/td><td>\n\tGERMANY<\/td><td>\n\t11322<\/td><td>\n\t11310<\/td><td>\n\t11239<\/td><td>\n\t11113<\/td><td>\n\t11515<\/td><td>\n\t11516<\/td><td>\n\t11570<\/td><td>\n\t11657<\/td><td>\n\t11449<\/td><td>\n\tSuccess<\/td><\/tr><tr><td> \n\t6:40:25PM<\/td><td>\n\tUS500<\/td><td>\n\t2802.57<\/td><td>\n\tSuccess<\/td><\/tr><tr><td> \n\t6:43:17PM<\/td><td>\n\tDOW<\/td><td>\n\t25519<\/td><td>\n\t<\/td><\/tr><tr><td> \n\t6:51:51PM<\/td><td>\n\tNASDAQ<\/td><td>\n\t7331.24<\/td><td>\n\tSuccess<\/td><\/tr><tr><td> \n\t6:54:01PM<\/td><td>\n\tJAPAN<\/td><td>\n\t21130<\/td><td>\n\tSuccess<\/td><\/tr><\/tbody><\/table>\n\n\n\n<h5 class=\"wp-block-heading\">22\/03\/2019 FTSE Closed at 7207 points. Change of -2.01%. Total value traded through LSE was: \u00a3       5,954,205,929 a change of 5.47%\n\n\n<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>BRENT CRUDE Big Picture. We&#8217;d friends round for dinner on Saturday. Okay, we had Chinese takeaway containers on the table, plates, cutlery, several bags of chips, and the inevitable bag of prawn crackers for the animals. And wine, lots of wine. Mrs T&amp;T, despite proper chef credentials, likes relaxing with friends rather than cooking for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/03\/25\/a-look-at-brent-for-25-03-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;A look at Brent for 25\/03\/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-838","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/838","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=838"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/838\/revisions"}],"predecessor-version":[{"id":839,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/838\/revisions\/839"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=838"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}