At the end of August, our bit of Argyll hosts something called “The Cowal Gathering”, traditionally the final Highland Games of the season. This year, the weather proved excellent, the temperature maxing out at 22.5c and rain staying away, quite literally until the final firework of the ending display was fired. By the time we drove the 8 miles home, it was raining and the temperature had dropped quite dramatically. This is pretty typical, Argyll somehow ensuring September is ushered in with pretty vile weather. Thankfully, we caught a ferry and spent a dry holiday Monday with friends on the mainland where it remained dry and fairly warm, allowing a well lubricated BBQ and a perfect day off until the festive season sneaks up on us.
The next week should see the markets taking a greater interest in life as folk return from their August break. There has been what we feel will be a significant movement with oil supplies, the US Government now able to express a keen interest in keeping oil prices high. The “problem” for the rest of the world is the US Government has taken direct control of 1/5th of Venezuela’s oil production. As a result, high oil prices will produce direct income for the USA Government, this making us wonder if the fresh strikes against Iran are designed to increase tensions, along with increased prices of Crude Oil. Even the oil major companies have raised eyebrows over this initiative as they’d never expected to find themselves in direct competition with the US Government.
Once again, we are living in strange times.
As for Natwest, from an immediate perspective, we calculate their share price currently needs exceed 720p to suggest the retail bank is about to exhibit its own fireworks display. Above such a trigger level should produce movements to an initial 750p with our longer term secondary, if exceeded, at 893p.
If things intend go wrong for Natwest, below 636p looks like it shall prove dangerous, perhaps capable of driving the price down to an initial 598p and visually, a strong suggestion for a bounce. Share price closure below 598p would be regarded as a bad thing, working out with a secondary objective at 544p and a lack of confidence for a rebound. This would be due to the Big Picture giving a visually unlikely 443p as possible, this aided by a firm hint the retail bank has returned to doing retail bank things, ruining the hopes of investors.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 11:21:35PM | BRENT | 9485.1 | 9115 | 9063 | 9047 | 9240 | 9521 | 9576 | 10186 | 9250 |
| 11:25:08PM | GOLD | 4325.13 | ||||||||
| 11:28:03PM | FTSE | 10748.5 | ||||||||
| 11:41:01PM | STOX50 | 6341.4 | ||||||||
| 11:45:46PM | GERMANY | 25833 | 25810 | 25718 | 25418 | 25908 | 26050 | 26150 | 26266 | 25920 |
| 11:23:56PM | US500 | 7636.2 | ||||||||
| 11:26:42PM | DOW | 52772.5 | ||||||||
| 11:29:27PM | NASDAQ | 29094.1 | ||||||||
| 11:32:25PM | JAPAN | 64665 |
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:AML Aston Martin** **LSE:BT.A British Telecom** **LSE:GLEN Glencore Xstra** **LSE:NG. National Glib** **LSE:SDY Speedyhire** **LSE:TLW Tullow** **
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Updated charts published on : Aston Martin, British Telecom, Glencore Xstra, National Glib, Speedyhire, Tullow,
LSE:AML Aston Martin. Close Mid-Price: 33.2 Percentage Change: + 0.00% Day High: 34.6 Day Low: 33.12
Below 33 now suggests coming weakness to 30 with our secondary, if broken, ……..
</p
View Previous Aston Martin & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 205.2 Percentage Change: + 0.00% Day High: 207.4 Day Low: 201.8
Above 208 still has the potential for some useful gains, probably triggeri ……..
</p
View Previous British Telecom & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 597.1 Percentage Change: + 0.00% Day High: 612.2 Day Low: 593.7
Further movement against Glencore Xstra ABOVE 613 should improve accelerat ……..
</p
View Previous Glencore Xstra & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1164 Percentage Change: + 0.00% Day High: 1177 Day Low: 1153.5
In the event of NG. share price managing to break below 1153 , our first D ……..
</p
View Previous National Glib & Big Picture ***
LSE:SDY Speedyhire. Close Mid-Price: 17.66 Percentage Change: + 0.00% Day High: 18.1 Day Low: 17.32
Target Met. Blow 17.3 suggests the potential for weakness to an initial 16 ……..
</p
View Previous Speedyhire & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 21.45 Percentage Change: + 0.00% Day High: 23 Day Low: 20.7
Target Met. Now above 23 points at 23.9 next with our secondary, if beaten ……..
</p
View Previous Tullow & 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: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: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: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: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:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **