A surprising number of folk agreed with our whimsical humour of moving UK politicians to Rwanda, giving them the luxury of a private gated community and no internet access as a thanks for their excellent service to the UK, and their bank accounts. But somehow, the Bank of England managed a surprise movement on Thursday by choosing to leave Interest Rates alone, despite the US managing a clearly political increase the previous day. It was all very strange, leaving a suspicious hint some of the folks in the BoE Monetary Committee may be practicing the lost art of “thinking” for themselves.
The FTSE 100 appeared to appreciate the approach from the BoE, managing to gain a substantial 111 points as the day commenced, closing the session exactly 100 points above the point at which the Bank of England embraced common sense with their rates announcement. It was all quite unsettling, leaving us the only thing to complain about being the weather here in Argyll.
We allowed ourselves a laugh at the announcement England needed 9 months of rain to fully alleviate the effects of the drought. Essentially, this was a longer range weather forecast for our part of the world, autumn looking like it was over and done with during the last week, leaves which had quickly turned brown suddenly blowing off trees, creating a soggy mass like seaweed abandoned by the tide. Oh, we can also complain about the lack of a Formula1 race this weekend.
But more importantly, we’d reached that time of September, when those who took an extended August holiday are now starting back at work. To be blunt, the grown ups should now be back from holiday and the stock markets should start exhibiting a real interest in life. Currently for the FTSE, movement exceeding 10,824 points should attain an initial 10,873 points with our secondary, if bettered, at 10,897 points. If triggered, the tightest stop loss level looks tight at 10,810 points though 10,774 would make a lot more sense.
Should things intend go wrong, below 10,780 risks triggering reversals to an initial 10,746 with our secondary, if broken, a less likely 10,697 points.
Have a good weekend.
Hopefully we’re about to see the FTSE inveigle itself into closing a day above 10,910 as this should indicate the market breaking upward from its recent period of tedium.

FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:42:26PM | BRENT | 10123.6 | 9949 | 9879 | 10045 | 10197 | 10333 | 10084 | ‘cess | ||
| 9:52:16PM | GOLD | 4342.6 | 4234 | 4201 | 4317 | 4383 | 4420 | 4340 | |||
| 10:10:48PM | FTSE | 10802 | 10700 | 10653 | 10752 | 10834 | 10882 | 10794 | Success | ||
| 10:13:49PM | STOX50 | 6307 | 6284 | 6261 | 6306 | 6326 | 6340 | 6303 | ‘cess | ||
| 10:17:54PM | GERMANY | 25635.9 | 25591 | 25550 | 25676 | 25798 | 25819 | 25649 | ‘cess | ||
| 10:22:33PM | US500 | 7632.2 | 7564 | 7553 | 7637 | 7652 | 7692 | 7617 | ‘cess | ||
| 10:28:20PM | DOW | 51760.5 | 51447 | 51131 | 51864 | 52136 | 52365 | 51844 | |||
| 10:31:26PM | NASDAQ | 29412.1 | 29058 | 28925 | 29107 | 29489 | 29521 | 29394 | ‘cess | ||
| 11:13:51PM | JAPAN | 65005 | 63680 | 63177 | 64065 | 65200 | 65354 | 64940 |
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.
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
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.
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.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:EMG MAN** **LSE:SAGA SAGA Plc** **LSE:STAN Standard Chartered** **
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Updated charts published on : British Telecom, MAN, SAGA Plc, Standard Chartered,
LSE:BT.A British Telecom. Close Mid-Price: 208.2 Percentage Change: + 0.00% Day High: 209.3 Day Low: 205.9
If the price of British Telecom manages to move ABOVE 209.3, initial UP t ……..
</p
View Previous British Telecom & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 336.8 Percentage Change: + 0.00% Day High: 336.8 Day Low: 325.6
Target met. Simply managing to get the share price above 336.8 is the nex ……..
</p
View Previous MAN & Big Picture ***
LSE:SAGA SAGA Plc. Close Mid-Price: 618 Percentage Change: + 0.00% Day High: 630 Day Low: 576
In the event of SAGA share price managing to break below 576 (obviously, ……..
</p
View Previous SAGA Plc & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 2338 Percentage Change: + 0.00% Day High: 2342 Day Low: 2293
Simply managing to get the share price above 2342 is the next hurdle for ……..
</p
View Previous Standard Chartered & Big Picture ***
*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.
Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **









