#Gold #Nasdaq My wife works for a corporate and decided she’d spend August working from home, principally due to knowing her offices would be mostly empty for the month. The pile of electronics (and a new office desk) has been assembled, allowing her to create a “wife cave” with secure communication through our already secure network. But the point of the story was quite a surprise. Habitually, completing our outlook for market futures is an excuse to make the 2nd latte of the day, along with a bacon roll. Smoked Back Bacon is allowed on Mondays and Fridays, perhaps a safe ration by NHS standards. Needless to say, our Monday after work reward had a couple of extra rashers of bacon thrown into the Ninja cooker, along with a couple of slices of toasted bread.
Long story short, interrupting wifes video call by sliding a plate with toast and bacon within reach proved hilarious, the immediate response being a chant of “I’ve got bacon!” to make her video colleague in New York jealous. Apparently, by the end of the day, “legend” status was bestowed upon me, due to my wife being the only person with an in-house slave! And once my wife shut down her Cisco unit, it seems the best food ever is unexpected food. But on Friday, if I fail to serve bacon sandwiches, the world will end!
It was all quite strange, finally a benefit of my habit of working 24 hours a day, rather than my wifes rigid 8 (ish) hour days. I do a few hours on the markets, off for a few hours, run experiments for a few hours, nap for 90 minutes, run more test scenarios, then cut the grass or do a dog walk, and finally catch the closing numbers for the FTSE and load them into our software. And then, we try and figure out what’s hot or what’s not. But now, there’s an order to provide bacon around 10am on Mondays and Fridays too. Stress comes from really odd angles… It is going to be interesting in a couple of weeks, when bacon is switched out for heavenly ‘Brie and Pineapple’ as the spread on toast. It’s fairly certain 2 people suddenly working from home will create some surprise discussions. We dare not consider the toilet seat position, during market trading hours!!!
We’ve trawled through the history of Diploma Plc, looking for the usual juicy stories. Unfortunately – from our salacious point of view – there are none, the Wikipedia page proving to be quite boring, a presentation unsullied by anyone with an axe to grind. For example, the final paragraph on their Wiki page reads;
“Diploma is a distributor, operating in the three sectors of Controls (including specialised wiring), Seals (including seals and gaskets) and Life Sciences (including consumables and instrumentation)” This is about as anti-septic as it gets, so perhaps some good times should be ahead for Diploma Plc. There are not even accusations of staff sneaking the odd bacon roll! Maybe we should take a positive stance on their share price future potentials?
Currently, it seems above 7490p should trigger share price recovery to an initial 7812p. If bettered, our longer term secondary works out at a future 7912p, This is all quite a big deal, indicating the potential of All Time Highs but we run out of fingers, if being asked to count above 7912p. Should the market intend exceed this level, we should therefore anticipate the share price being “gapped” up at the open in the days ahead, an absurd notion but one which often proves quite accurate. Should the market opt to gift the share price with opening second gaps, it becomes probable a future intention above 7912p is expected.
And finally, one of my dog walking chums sought me out on Monday, wanting to ask “What’s Wrong?”. She’d picked up my writing style had changed over the last week, this being due to running articles “through” ChatGpt and accepting its improvements to make the writing style smoother and more professional. Needless to say, AI has now been ditched, a friend noticing (and complaining) about the change being something worth paying attention to. As as result, our dodgy grammar shall remain and anyone who does not like it can go visit a duck.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:07:18PM | BRENT | 8282.4 | |||||||||
| 10:11:43PM | GOLD | 4055.01 | 4026 | 4008 | 3987 | 4042 | 4058 | 4069 | 4077 | 4048 | |
| 10:17:31PM | FTSE | 10871 | |||||||||
| 10:21:15PM | STOX50 | 6442.3 | |||||||||
| 11:07:55PM | GERMANY | 26095.4 | ‘cess | ||||||||
| 10:57:01PM | US500 | 7608.6 | Success | ||||||||
| 11:25:49PM | DOW | 53280.3 | Success | ||||||||
| 11:44:47PM | NASDAQ | 28835.8 | 28200 | 28010 | 27727 | 28509 | 28854 | 29353 | 30120 | 28586 | ‘cess |
| 11:53:33PM | JAPAN | 64090 |
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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **
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Updated charts published on : Aviva, Astrazeneca, IG Group, Natwest,
LSE:AV. Aviva. Close Mid-Price: 701.6 Percentage Change: + 0.00% Day High: 701.6 Day Low: 693.4
The next task for Aviva is to get the price above 701.6 (not with a fake ……..
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View Previous Aviva & Big Picture ***
LSE:AZN Astrazeneca. Close Mid-Price: 11500 Percentage Change: + 0.00% Day High: 12080 Day Low: 11414
Target met. Managing to get the share price BELOW 11414 is the next probl ……..
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View Previous Astrazeneca & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 1371 Percentage Change: + 0.00% Day High: 1481 Day Low: 1312
Target met. If the share price of IG Group manages to move BELOW 1,312, i ……..
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View Previous IG Group & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 722.8 Percentage Change: + 0.00% Day High: 725 Day Low: 714.6
Further movement against Natwest ABOVE 725 should improve acceleration to ……..
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View Previous Natwest & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 1506.8 Percentage Change: + 0.00% Day High: 1527.8 Day Low: 1495.8
In the event of RR. share price managing to exceed 1527.8 (please, not an ……..
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View Previous Rolls Royce & Big Picture ***
