It appears it has been the USA’s turn to manipulate the price of Crude Oil. With IRAN offering a deal for peace and passage, it was no surprise to hear the USA promptly offer a rebuttal which, of course, spiked the price of oil. As a result, we raced into the weekend with Crude oil again exploring highs, at least by recent standards Doubtless, America shall next discover a solution, one which the Iranians shall dash when the price of Brent Crude starts explore the $83 level in a few weeks.
However, the Baku Grand Prix managed to be more exciting and less predictable than oil prices, the track generally capable of some interest due to the places where it’s as narrow as the milk and cheese aisle in a supermarket. The fact there was a real motor race, literally right up to the chequered flag, made the event quite fun, even though it was on a Saturday and watched through the hazy fog ot red & white wines, along with Chinese takeaway. Unfortunately, with Bahrain next weekend, we anticipate the worst, a boring processional race with the finishing order already sorted by the previous days qualifying.
Lloyds share price appears to have decided behaving in sympathy with with a world, where so many outcomes appear already decided, it’s now the case where below 107p risks triggering reversal to an initial 100p with our longer term secondary, if broken, calculating at 94p. Visually this would make quite a lot of sense for a bounce level.
However, there is always a chance Lloyds shall enact some movement of strength, the share price exhibiting an extremely strong argument, where movement exceeding 114p should now target a confident looking 123p, a price level at which we anticipate some hesitation. Longer term, our secondary now works out at a less confident sounding 132p.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:58:11PM | BRENT | 10000.2 | 9872 | 9775 | 9624 | 10091 | 10228 | 10296 | 10430 | 9983 | ‘cess |
| 10:10:32PM | GOLD | 4273.4 | 4245 | 4234 | 4216 | 4269 | 4296 | 4314 | 4337 | 4270 | ‘cess |
| 10:20:51PM | FTSE | 10713.1 | 10663 | 10619 | 10576 | 10695 | 10750 | 10764 | 10794 | 10701 | ‘cess |
| 11:02:03PM | STOX50 | 6297.7 | 6269 | 6258 | 6235 | 6294 | 6329 | 6337 | 6367 | 6301 | ‘cess |
| 11:07:07PM | GERMANY | 25336.7 | 25160 | 25031 | 24969 | 25340 | 25462 | 25596 | 25741 | 25360 | ‘cess |
| 11:15:45PM | US500 | 7689 | 7660 | 7653 | 7611 | 7695 | 7720 | 7744 | 7778 | 7684 | Success |
| 11:19:24PM | DOW | 51278.8 | 51115 | 50981 | 49724 | 51500 | 51502 | 51677 | 51864 | 51361 | ‘cess |
| 11:32:04PM | NASDAQ | 30411 | 30211 | 30108 | 29965 | 30350 | 30534 | 30635 | 30820 | 30402 | Success |
| 11:36:26PM | JAPAN | 65829 | 65333 | 65145 | 64835 | 65658 | 66075 | 66348 | 66710 | 65739 | ‘cess |
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:ASC Asos** **LSE:IGG IG Group** **LSE:PHP Primary Health** **LSE:SDY Speedyhire** **
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Updated charts published on : Asos, IG Group, Primary Health,
LSE:ASC Asos. Close Mid-Price: 508 Percentage Change: + 0.00% Day High: 509 Day Low: 480.5
Further movement against Asos ABOVE 509 should improve acceleration towar ……..
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View Previous Asos & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 1305 Percentage Change: + 0.00% Day High: 1320 Day Low: 1299
Continued weakness against IGG taking the price below 1299 calculates as ……..
</p
View Previous IG Group & Big Picture ***
LSE:PHP Primary Health. Close Mid-Price: 91.8 Percentage Change: + 0.00% Day High: 92.75 Day Low: 91.6
This has wasted the last 3 years. target an initial 102 with our secondar ……..
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View Previous Primary Health & Big Picture ***
LSE:SDY Speedyhire. Close Mid-Price: 14.44 Percentage Change: + 0.00% Day High: 14.8 Day Low: 14.12
Managing to get the share price BELOW 14.12 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: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:BT.A British Telecom** **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: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: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!