There are just 119 days until Christmas Day. To be fair, counting down “the days” isn’t something we’re guilty of – except for an end to the days of horror which is August on the stock market. Even reviewing the price of Crude Oil has become an exercise in futility, the markets clearly opting to keep it effectively trapped in place until something positive or negative actually takes place. Perhaps Mr Trump shall decide to rename the Straits of Hormuz something like “Trump Straits” in memory of his fantastic success in destabilising the region, pushing oil profits to new surprise levels.
We shall not be surprised, if September brings some surprise reversals on the price of Brent, potentially to around the $77 dollar level, if only because the markets are bored at the lack of activity…
As for the FTSE, we shall not be aghast if the market opts to end the month with a bit of a squeak. Currently, weakness below 10,770 looks very capable of provoking reversal down to an initial 10,731 points with our secondary, if broken, a considerably less likely 10,679 points. Visually, there is nothing currently hinting this secondary could be viable, especially as it would dump the UK index in a zone where the Big Picture is presenting a long term bottom at 10,413 as possible, this being a target which does make some visual sense.
If this drop triggers, the tightest stop is wide at 10,827 points.
Our alternate, more positive, scenario covers what’s possible, if the UK nudges above 10,827 points. In such a game plan, we can calculate the hope of movement to an initial 10,866 points with our secondary, if bettered, at 10,694 points along with very probable hesitation.
Have a good weekend. Just 9 days until the next Grand Prix from Italy, sometimes worth missing.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:21:47PM | BRENT | 8822.1 | 8450 | 8372 | 8687 | 8890 | 8969 | 8804 | |||
| 11:29:56PM | GOLD | 4607.43 | 4577 | 4560 | 4602 | 4643 | 4676 | 4599 | |||
| 11:32:39PM | FTSE | 10800.4 | 10771 | 10748 | 10811 | 10844 | 10872 | 10814 | Success | ||
| 11:35:17PM | STOX50 | 6429.9 | 6414 | 6409 | 6436 | 6467 | 6490 | 6437 | Success | ||
| 11:38:21PM | GERMANY | 26367 | 26238 | 26186 | 26309 | 26401 | 26442 | 26336 | |||
| 11:41:23PM | US500 | 7722.3 | 7688 | 7677 | 7715 | 7732 | 7744 | 7709 | |||
| 11:44:33PM | DOW | 53557 | 53317 | 53215 | 53486 | 53712 | 53872 | 53600 | ‘cess | ||
| 11:47:21PM | NASDAQ | 29577.7 | 29341 | 29231 | 29505 | 29647 | 29700 | 29464 | ‘cess | ||
| 11:52:44PM | JAPAN | 66050 | 65671 | 65128 | 65995 | 66510 | 66821 | 66148 |
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:NG. National Glib** **LSE:ONT Oxford Nanopore Tech** **LSE:SDY Speedyhire** **
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Updated charts published on : British Telecom, National Glib, Oxford Nanopore Tech, Speedyhire,
LSE:BT.A British Telecom. Close Mid-Price: 206.2 Percentage Change: + 0.00% Day High: 206.3 Day Low: 202.9
Above 207 has the potential for some useful gains, probably triggering mov ……..
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View Previous British Telecom & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1160.5 Percentage Change: + 0.00% Day High: 1185 Day Low: 1155
Target met. In the event of NG. share price managing to break below 1155 ……..
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View Previous National Glib & Big Picture ***
LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 183.6 Percentage Change: + 0.00% Day High: 191.4 Day Low: 181.9
Target met. The next task for Oxford Nanopore Tech is to get the price ab ……..
</p
View Previous Oxford Nanopore Tech & Big Picture ***
LSE:SDY Speedyhire. Close Mid-Price: 18.2 Percentage Change: + 0.00% Day High: 18.7 Day Low: 18.1
Managing to get the share price BELOW 18.1 is the next problem level for ……..
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View Previous Speedyhire & 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:EMG MAN** **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:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **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** **
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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!
Risk Warning & Notice to Investors
Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.