{"id":963,"date":"2019-05-22T22:28:42","date_gmt":"2019-05-22T21:28:42","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=963"},"modified":"2019-05-23T09:14:36","modified_gmt":"2019-05-23T08:14:36","slug":"rbs-for-23-05-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/05\/22\/rbs-for-23-05-2019\/","title":{"rendered":"RBS for 23\/05\/2019"},"content":{"rendered":"\n<p class=\"has-drop-cap\"><strong>RBS #SP500 #NK225 <\/strong>\nIn our monthly visit to &#8220;The Bank that likes to say &#8216;Doh!&#8217; &#8220;, the star of the \nclown sector of the FTSE has performed pretty much as expected. Our prior report \n(<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/28\/rbs-for-29-04-2019\/\" rel=\"noreferrer noopener\">link \nhere<\/a>) was notable in lacking any confidence for an immediate share price \nrecovery and now, we require to examine what the break of our initial target \nrisks?<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/rbs.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>With the share price breaking below 219.5p, it enhances \nthe probability of any near term bounce being short lived. When we review the \nimmediate downtrend, the demand is for anything above 228 apparently suggesting \nthe speed of descent has eased, allowing recovery to an initial 235p. This, \nwhile fairly useful, unfortunately ensures the share price remains in the drop \nzone with 202p offering the chance of a probable &#8220;real&#8221; bottom.<\/p>\n\n\n\n<p>Only above 238 shall we start taking any recovery \nseriously as this will trash the immediate drop prospects and take the share \ninto a region where 248 presents a target. <\/p>\n\n\n\n<p>For now, below 216 still suggests 202p as providing a \n&#8220;bottom&#8221; but secondary, if broken, comes along at 177p eventually.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/rbs230519.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/TD> <\/TR>\n<A name=\"FUTURES423\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:23:28PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">70.09<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:25:30PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1273.82<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:47:24PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7321.61<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:49:02PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5368.7<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:55:30PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12149.72<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:58:55PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2855.82<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2845<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2836<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2824<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2865<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2867<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2872.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2881<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2850<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:00:59PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25776<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:09:44PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7416.22<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:11:40PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21226<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21190<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21156.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21075<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21313<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21359<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21412<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21486<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">21242<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n\n<\/TABLE>\n\n<H5>22\/05\/2019 FTSE Closed at 7334 points. Change of 0.08%. Total value traded through LSE was: \u00a3       6,971,356,122 a change of 24.95%<\/h>\n","protected":false},"excerpt":{"rendered":"<p>RBS #SP500 #NK225 In our monthly visit to &#8220;The Bank that likes to say &#8216;Doh!&#8217; &#8220;, the star of the clown sector of the FTSE has performed pretty much as expected. Our prior report (link here) was notable in lacking any confidence for an immediate share price recovery and now, we require to examine what &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/05\/22\/rbs-for-23-05-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RBS for 23\/05\/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-963","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/963","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=963"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/963\/revisions"}],"predecessor-version":[{"id":964,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/963\/revisions\/964"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=963"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}