BT Group Plc (LSE:BT.A), trading around 202.50 at time of writing and happy?

#Gold #SP500 It’s a shame how some of the great British institutions have managed to eradicate themselves from daily life. For instance, it was once the case where the BBC was the home of essential viewing shows but the broadcasting corporation, despite many warning signs, continued to ignore the viewing public, demolishing habits like Top of The Pops, Dr Who, Top Gear, The News,etc. With colossal self belief, they thought viewers would always return to “The Beeb” but when they finally destroyed Top Gear just a few years ago, we lost interest. Anyone who had to endure the stream of outright lies broadcast by the BBC during the Scottish thing in 2014, decided to simply stop watching. Nowadays, probably like the majority of viewers North of the border, we no longer pay to a licence fee to a corporation which ate itself.

Similarly, a home phone number was felt to be essential but again, it’s no longer a fixed point in the house and most certainly not provided by BT. The company were another institution which believed itself bigger than the marketplace. I’ve a memory of trying to get Broadband for our offices in the 1990’s, experiencing the shock of BT telling me if I got a local petition together, they’d consider if but would need proof there was a need. Instead, they offered an expensive digital telephone line connection but luckily, we’d a girl called Carol. Carol had a flat directly above our office and had been offered cable TV and Internet, being uncertain whether it would be worth it. We offered to pay for her service – 250 quid a year – if we could drill a little hole in the ceiling to attached a network cable directly onto her cable system. In addition, we’d be happy to ensure she enjoyed a seamless connection to the internet from her home computer.

Obviously, Carol had nothing to lose and we’d high speed fibre optic broadband by 1996, gleefully leaving the constraints of modems far behind. We did obviously retain our BT lines, simply for telephone handsets and the inevitable fax machine. It was to take another 15 years before BT started to behave as if they’d always backed the idea of broadband, trying to pretend they hadn’t been throttling the technology infrastructure for years with their corporate BT Know Best attitude.

Nowadays, living without BBC and BT has proven remarkably easy, both corporations utterly failing to understand the implications of the internet, one of which should be the strongest provider and the other should be one of the strongest web presences. Senior management from the 1990’s and early 2000’s will now be retired with massive pensions, continuing to avoid blame for their utter incompetence at failing to embrace a future which was obvious. It would be correct to say a long term grudge remains at being asked to produce a petition to beg BT for broadband!

However…

BT’s share price did something a little odd on the 9th June, dipping below the Red uptrend since 2024 during the session. As the chart extracts show, this was an intraday movement, the market ensuring the share price closed above the trend and creating a scenario where some fairly near term gains looks possible, hopefully without investors needing to raise a petition! If our suspicion is correct, movement now above 210p should trigger gains to an initial 221p with our longer term secondary, if beaten, at an extremely important 249p. Due to this producing yet another “higher high”, we are forced to admit a long term attraction from 286p exists.

If things intend go wrong, the price needs dial itself below 195p as this would doubtless provoke reversal to an initial 178p with our secondary, if broken, calculating at 156p. Visually, this scenario looks improbable.

We suspect BT shall prove worth watching as it’s doing the work, for a cycle of recovery.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:47:23PM BRENT 8258
10:51:37PM GOLD 4308.27 4305 4290 4264 4327 4340 4354 4370 4316 ‘cess
10:55:08PM FTSE 10407.1
10:58:18PM STOX50 6226.9
11:39:23PM GERMANY 24818.1
11:48:10PM US500 7548.4 7512 7485 7454 7530 7563 7581 7700 7536 ‘cess
11:51:26PM DOW 51673.5 ‘cess
11:54:58PM NASDAQ 30495.2 ‘cess
11:57:42PM JAPAN 69571

 

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:BP. BP PLC** **LSE:EZJ EasyJet** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Aviva, BP PLC, EasyJet, Marks and Spencer, Natwest, Quadrise, Rolls Royce,


LSE:AV. Aviva. Close Mid-Price: 631 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Further movement against Aviva ABOVE 634.8 should improve acceleration to ……..

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LSE:BP. BP PLC. Close Mid-Price: 517 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Weakness on BP PLC below 508.2 will invariably lead to 489 with our secon ……..

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LSE:EZJ EasyJet. Close Mid-Price: 500 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All EasyJet needs are mid-price trades ABOVE 522.4 to improve acceleratio ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 375.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

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LSE:NWG Natwest. Close Mid-Price: 614.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Further movement against Natwest ABOVE 630.6 should improve a ……..

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LSE:QED Quadrise. Close Mid-Price: 1.985 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Weakness on Quadrise below 1.72 will invariably lead to 1.57 with our sec ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 1358.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. All Rolls Royce needs are mid-price trades ABOVE 1387 to impr ……..

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*** End of “Updated Today” comments on shares.

Lloyds Banking Group Plc (LSE:LLOY), trading around 102.35 at time of writing.

#Dax #Brent All things considered, it was a great weekend. Louis Hamilton winning his first Grand Prix race in an age, following a pretty decent event in Barcelona, along with the Straits of Hormuz opening on Sunday evening. As the screen grab below from the MarineTraffic website shows, the bit of water which was once as empty as a politicians conscience is now stuffed with ships, hopefully in sufficient quantity to goose up the stock markets and allow Crude Oil to do what it has been trying to do for an age, drop in price. The only thing spoiling the weekend is our Scotland national football team scored a goal, taking them to the top of their group, and sparking an outpouring of optimism with flags appearing everywhere.  This optimism is always misplaced as opposing teams will no longer field their Under-11’s, instead treating our national side as “serious”. The football pundit Ally McCoist famously bemoaned a player scoring a goal against Brazil with the line; “Don’t do that. You’ve only made them angry!”

Though it is a bit odd, the country often credited with inventing the “sport”, historically creating some really awful national teams which bring ritual humiliation. Maybe this time it will be different…

As for Lloyds, with the Futures Markets currently displaying more enthusiasm than Scots currently show for their national team (Today, Monday, is an Official Bank Holiday in Scotland in honour of the team qualifying for the World Cup), our inclination is to anticipate good things for their share price. On Friday, the market chose to elevate Lloyds share price above the immediate downtrend, presumably in anticipation of the Straits thing being resolved. The immediate situation suggests above just 102.6p should promote some gains for the share price, an initial 107.5p looking like a viable ambition. Our longer term secondary, if this hope is exceeded, calculates at a confident looking 116.7p.

The scenario will create a situation, where Big Picture influences should intrude, closure above 115p assembling a strong argument which favours a distant ambition of 150p sometime in the future. Probably a safer longer term hope than investing in a factory making Scotland Flags to support the football team.

Should things make an effort to go wrong, below 95p could prove nasty, easily provoking reversal to an initial 81p with our secondary, if broken, at 84p. In this instance, it feels like optimism for Lloyds is possible.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:30:15PM BRENT 8575.8 8250 7532 6248 8450 8610 8739 8902 8482
11:41:32PM GOLD 4283.22 4258
11:46:57PM FTSE 10529.1 10385
11:05:04PM STOX50 6244.2 6235
11:06:55PM GERMANY 25035.5 24633 24463 24258 24758 25083 25181 25591 24890
11:08:48PM US500 7500.3 7438
11:10:38PM DOW 51561.2 51202
11:12:17PM NASDAQ 30104.9 29878
11:15:01PM JAPAN 69382 68414

 

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:BP. BP PLC** **LSE:EZJ EasyJet** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **

********

Updated charts published on : BP PLC, EasyJet, IG Group, Intertek, Marks and Spencer, Natwest,


LSE:BP. BP PLC. Close Mid-Price: 534.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

If BP PLC experiences continued weakness below 516.8, it will invariably ……..

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LSE:EZJ EasyJet. Close Mid-Price: 500 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of EasyJet enjoying further trades beyond 511.8, the share s ……..

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LSE:IGG IG Group. Close Mid-Price: 1938 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of IG Group enjoying further trades beyond 1955, the share s ……..

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LSE:ITRK Intertek. Close Mid-Price: 5660 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued trades against ITRK with a mid-price ABOVE 5755 should improve ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 376.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Marks and Spencer needs are mid-price trades ABOVE 377 to improve acc ……..

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LSE:NWG Natwest. Close Mid-Price: 614.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued trades against NWG with a mid-price ABOVE 615 shoul ……..

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*** End of “Updated Today” comments on shares

Our world famed FTSE for FRIDAY & Brent Thoughts (FTSE:UKX), trading around 10,303 at time of writing.

#FTSE The price of oil has reversed but not with any great commitment, so far. The US announced they were not going to attack Iran on Thursday evening as a Peace Deal with be signed shortly. Needless to say, Iran announced three hours later no final decision had been reached and thus, it was the US’s fault. The market appears to be inured to political nonsense, the price of Brent reversing to the $88 dollar level, insufficient (in our opinion) to successfully trigger some real softening of the oil price. At present, we calculate Brent Crude needs below $85.50 to trigger a convincing cycle of drops, perhaps with a target now around $62 and a return to the price levels experienced in February this year.

As for the FTSE, it has been behaving with similar conviction as the price of Crude, and again it’s probably politics to blame. It’s certainly looking like a problem for the UK Prime Minister who’s proving a little careless in keeping Government Ministers, several choosing to resign rather than back the current “cunning plan” for the military. Essentially, it appears the UK Treasury and Prime Minister have concluded the easiest way to sort out of the military will be to make it vanish. After all, if there was not a military, they couldn’t be accused of failing to manage the military. Apparently a “Budget Review” is to be released on Friday, when Parliament isn’t sitting, which shall reveal substantial cuts in spending. Perhaps this means all the Royal Navy’s rowing boats will only have one oar, thus able to go in circles and nothing else. It’s going to be interesting if the current PM survives in his post until the end of the month and the FTSE now “feels” like it is waiting something significant happening.

Near term, if the FTSE intends do anything positive, above 10,370 should prove important, hopefully triggering market gains to an initial 10,450 with our secondary, if beaten, at 10,479 points. This would certainly be significant, nudging the market into a zone where a third level target of 10,595 calculates as very possible. If triggered, the tightest stop loss level looks like 10,252 points. Hopefully some positive news breaks as it’d be nice to enjoy the Barcelona Grand Prix with a backdrop of the markets turning positive.

Should things intend go awry, below 10,252 could trigger near term reversal to an initial 10,213 points. If broken, our secondary works out at 10,123 points.

Have a good weekend and enjoy the race from Spain, often quite entertaining.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:57:51PM BRENT 8811.8 8742 8667 9140 9391 9510 9056 ‘cess
11:02:59PM GOLD 4212.59 4051 3985 4120 4249 4285 4158 ‘cess
11:07:30PM FTSE 10411.4 10285 10242 10362 10418 10467 10322 Success
11:13:03PM STOX50 6178.6 6020 5980 6084 6176 6230 6122 Success
11:15:35PM GERMANY 24644.1 24073 23953 24358 24664 24747 24427 ‘cess
11:17:35PM US500 7403.4 7252 7194 7332 7411 7429 7344 Success
11:20:51PM DOW 50907.3 50036 49694 50398 50960 51176 50617 Success
11:23:16PM NASDAQ 29509 28539 28163 29007 29558 29616 29263 Success
11:26:56PM JAPAN 66365 63954 63208 64678 66700 67686 66029 Success

 

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:EXPN Experian** **LSE:IGG IG Group** **LSE:QED Quadrise** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, Experian, IG Group, Quadrise, Taylor Wimpey,


LSE:AML Aston Martin. Close Mid-Price: 41.48 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Aston Martin experiences weakness below 40p it calculates wi ……..

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LSE:EXPN Experian. Close Mid-Price: 2497 Percentage Change: + 0.00% Day High: 0 Day Low: 0

If Experian experiences continued weakness below 2497p, it will invariabl ……..

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LSE:IGG IG Group. Close Mid-Price: 1913 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Further movement against IG Group ABOVE 1927 should improve a ……..

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LSE:QED Quadrise. Close Mid-Price: 1.9 Percentage Change: + 0.00% Day High: 0 Day Low: 0

This is getting dangerous as weakness now below 1.8 risks a visit to 1.57 ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 74.1 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against TW. taking the price below 74.1 calculates as ……..

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*** End of “Updated Today” comments on shares.

BP Oil (LSE:BP.), trading around 540.5 at time of writing and shrinking in cold water…

#WallSt #NasdaQ Back in April, we speculated BP share price would fall to 500p, if it dipped below a trigger level of 531p. Thankfully – from our perspective – the share price agreed with our calculations, hitting an exceedingly precise 500p on May 26th and bouncing a little bit thereafter. This is perhaps good, a signal the market does not wish Insect Urine to fall too far… This dreadful joke obviously derives from Bee Pee, a company long capable of looking down and spraying their largesse on traders! But we’re going “Back to School” briefly with the charts below.

BP has a very obvious Blue downtrend, dating back to 2018. This particular downtrend was confirmed, repeatedly, by the market and when the share price broke upward in March of this year, we experienced a small gust of optimism, this sort of thing usually being the harbinger of a happy future. Unfortunately, the US President had other ideas, a cunning plan to boost the price of oil and thus, US revenues. Unfortunately, the “cunning plan” is falling apart and as the lower chart extract exhibits, confidence in the price of BP shall diminish, along with the price of Crude Oil. The funny thing, the US President is able to say; “Not my fault ‘Gov, it’s entirely the other guy to blame!” . But as we see confidence in artificially inflated prices diminish, it’s also reasonable to anticipate the price of oil reversing soon and effecting BP share price. This is doubly important as the US needs “a win”  to give sufficient propaganda for the coming US mid-term elections.

Therefore, if we anticipate some amateur dramatics with oil prices, BP have a share price which is poised for some fun.

From a near term perspective, eyebrows should twitch if the share price falls below just 515p. Movement such as this is currently capable of driving reversals to an intial 490p with our secondary, if broken, calculating down at 459p along with a valid argument for a bounce. The crazy thing, this should see US Crude back in the 50 dollar range, along with Brent splashing around in the low 60’s. But for BP, if our calculation of a “bottom” at 459p breaks, we can present a visually absurd potential at 387p.  Unfortunately, it’s not that absurd, given it matches prices in 2025 before the Strait of Hormuz became a no boating zone.

The somewhat annoying calculation with BP is the price level of 550p, share price closure above which capable of targeting a “surprise” rise to an initial 652p with secondary, if bettered, an eventual 721p.

We think, with the USA and looming elections, oil prices shall be forced to reverse, probably give the major oil shares a bit of a hammering and in BP’s case, a hopeful bounce point at 459p. It’s funny to speculate, economically, the only people who are benefiting from the Straits shambles are the people actually involved in it. Which is a bit mad and if only the war against our neighbours hedge could produce a similar result. (We don’t care how big the hedge grows as it belongs to a neighbour who is paranoid about the 2 metre height designation. But terrified at the cost of removing, annually, a substantial amount of cuttings. And from our side of the fence, the little tractor gathers everything and drags it up to the burn pile. It’s a strange hedge war, the “victim” not complaining and the culprit in a flat panic. But then again, we’ve a massive garden area but other properties locally tend to be very large and with sensible garden sizes. The other neighbour has a 9 bedroom house, our properties separated by a wall, a pretty energetic stream and the noisy waterfall we complain about, often. Both neighbours admit they wish they’d our simple little cottage, where the only challenge is cutting the sodding grass. Our little mowing robot is “resting”, while we await a dry period to finish digging the robot perimeter cable into the ground.

But this is Argyll, where Scotland probably invented rain! After all, the sodden country invented everything else.

Should BP somehow decide to exhibit some strength, above 550 should designate a growth cycle to an initial 652p with our secondary, if beaten, working out at 721p sometime in an imaginary future. Our suspicion, backed up by the weakening charts above, is to anticipate reversals.


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:13:02PM BRENT 9394.3 ‘cess
11:18:13PM GOLD 4055.56 ‘cess
11:21:55PM DOW 49836.5 49782 49675 48985 50110 50327 50515 50762 50091 ‘cess
11:55:07PM FTSE 10176.6 ‘cess
11:04:00PM STOX50 5963.1
11:09:52PM GERMANY 23997.4 ‘cess
11:13:38PM US500 7234.7
11:17:51PM NASDAQ 28259.4 28245 27889 27447 28469 28796 28995 29246 28457 ‘cess
11:22:27PM JAPAN 62750 Shambles

 

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:BP. BP PLC** **LSE:FRES Fresnillo** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : BP PLC, Fresnillo, IG Group, Natwest, Taylor Wimpey,


LSE:BP. BP PLC. Close Mid-Price: 540.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Movement below 517 now risks becoming troublesome, giving the potential fo ……..

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LSE:FRES Fresnillo. Close Mid-Price: 2820 Percentage Change: + 0.00% Day High: 0 Day Low: 0

If Fresnillo experiences continued weakness below 2799p, it will invariab ……..

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LSE:IGG IG Group. Close Mid-Price: 1902 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. All IG Group needs are mid-price trades ABOVE 1902 to improve ……..

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LSE:NWG Natwest. Close Mid-Price: 586.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Natwest experiences weakness below 583.6 it calculates with ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 75.74 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Weakness on Taylor Wimpey below 75p will invariably lead to 7 ……..

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*** End of “Updated Today” comments on shares.

Taylor Wimpey (LSE:TW.), trading around 77 at time of writing and optimism?

#FTSE #JAPAN Something quite horrible is going on with Taylor Wimpey, it almost feeling like all the Doctors, Engineers, AI Wizards, flooding across the Channel in small boats are failing to join in the competitive boom to buy new homes. This year has seen Taylor Wimpey share price slump from 115p to 75p, a drop of 35%. Obviously, the Bank of England’s ongoing assault on industry has been the primary cause, interest rates remaining higher than they should and making the idea of new mortgages quite difficult. Now, with the added excuse of Iran, the BoE will doubtless continue its efforts to stifle the economy and contribute to inflationary pressures.

What we don’t entirely get is the flow of positive stories for Taylor Wimpey, boasting of coming developments all over the place. Across on the mainland, there’s even talk of them building 100 new homes in an area nicknamed Scotlands Chernobyl, an utterly failed 1970’s development of council flats. While the largely destroyed buildings remain, they certainly prove a useful backdrop for film companies shooting Zombie scenes or a backdrop of urban warfare scenes, the only part of the area which remains (mostly) intact being the road network. For visitors, when approaching Port Glasgow, DO NOT go left at the first roundabout as even Dante didn’t envision such desolation in his circles of hell. The council thought they were building flats for shipyard workers, exquisitely timed for the decade when all the shipyards shut down.

Touching on the subject of the media, we recently watched an excellent Netflix show called “Should I Marry a Murderer?”. Were it not for the subject matter, the tourism authorities would surely promote the 3 part program. The camerawork shows why Argyll is tolerable, even the place where the bloke hid the body providing amazing views. Such was the effect of the Covid-19 lockdown we knew nothing of the events depicted, a true story. It’s a tale in which the bloke currently in prison probably will regard his near marriage to the lady doctor, thinking from behind bars; “Gosh, dodged a bullet there!”. It was compulsive viewing, “starring” the lady doctor herself.

The underlying theme to the tale was fairly simple. Don’t ride a bicycle at night on a remote fast (60mph+) road, after the pubs close. Scotland, with very little in the way of motorways, is served with some incredibly fast “A” roads, where cyclists should be banned. There is no logic which allows a poorly lit object at 12mph pedalling along an A road with a 60 or 70 mph speed limit. As they saying goes; “being in the right is no consolation to the next of kin”. But in this instance, the guy really should not have buried the body and concealed the incident, an unfortunate side effect of the terror Drink/Drive laws induce in drunk drivers. A personal memory, from the 1980’s, involved being helped from the bar in Argyll into my 4×4, so I could drive a bunch of folk home. En-route, a police car was encountered on the single track road, easily avoided by driving off road around him. Then, it was funny, doubly so as I’d engaged “low ratio” on the gearbox to ensure the off roader couldn’t exceed 27mph, a safety precaution which made sense through a whisky haze. From the same period, I can tell the tale of a community police officer in Sutherland, making his way across a road from the Richonich on his hands and knees and pulling himself into his police car, driving off, eventually realising turning on his lights might help. The subsequent crash was, as always, blamed on a deer.

Returning to the subject, we like Taylor Wimpey, if only because their previous incarnation as Taylor Woodrow provided the best holiday experience for a child. They were building a hydro electric scheme in Romania, my favourite uncle was a manager, my Dad decided we’d drive there in a brand new Vauxhall VX4/90 in 1976. The trip was amazing, this gold coloured flagship of the Vauxhall range having children running alongside and waving as we drove through countries which no longer exist. When we returned to the UK, the car was returned to Luton (Vauxhall) and he grabbed a Rover 3500 as his daily car, admitting the Vauxhall flagship never let him just sit back and relax. With less haste, Taylor Woodrow changed to Taylor Wimpey but still remain as the hosts of an astounding holiday in Europe, an era where there were borders between each country and our UK passports allowed us through on a nod at every checkpoint.

Except in Romania.

My Dad (and I)  had to go into the border office, hand over a 200 pack of Marlboro cigarettes wrapped in a newspaper, then waved away by suddenly cheerful customs guards. Romania was “different”.

But currently, Taylor Wimpey share price is a little bit terrifying. Despite the companies stonking great dividend, the share value appears to be fascinated with Lemming migration,  currently residing in a zone where weakness below 74.9p risks triggering reversal to an initial 68.2p. Our secondary, if broken, calculates down at an absurd 47p, a number which makes no visual sense. Unless we return to the era of the market crash from 2009, when the stock market was being ruined by spectacular levels of governmental incompetence, internationally. It’s funny how easy it is to develop a theme that what really damages economies, are politicians.

Should Taylor Wimpey intend dig itself out of the current hole, we’d be inclined to regard above 81.7p as a viable trigger level, one which calculates as provoking recovery to an initial 92p with our secondary, if beaten, working out at a future 105p and the need to look hard at the tea leaves again.

FUTURES


FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:53:20PM

BRENT

9125.5

‘cess

10:57:40PM

GOLD

4260.29

Shambles

11:00:16PM

FTSE

10289.4

10209

10156

10069

10294

10373

10439

10525

10311

‘cess

11:03:22PM

STOX50

6070.5

‘cess

11:06:54PM

GERMANY

24459.4

11:42:44PM

US500

7372.1

‘cess

11:45:15PM

DOW

50690.8

‘cess

11:48:16PM

NASDAQ

28985

Success

11:51:35PM

JAPAN

64115

63685

62699

61567

64350

64750

65292

66022

64370

‘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:FRES Fresnillo** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **

********

Updated charts published on : Fresnillo, IG Group, Natwest, Rockhopper,


LSE:FRES Fresnillo. Close Mid-Price: 2868 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event Fresnillo experiences weakness below 2868p it ca ……..

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LSE:IGG IG Group. Close Mid-Price: 1857 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued trades against IGG with a mid-price ABOVE 1890p should improve t ……..

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LSE:NWG Natwest. Close Mid-Price: 593 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Natwest needs are mid-price trades ABOVE 609 to improve acceleration ……..

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LSE:RKH Rockhopper. Close Mid-Price: 72.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Rockhopper experiences weakness below 71p it calculates with ……..

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*** End of “Updated Today” comments on shares

Worlwide thoughts on Ethereum USD (COIN:ETHUSD), trading around 1,667 at time of writing.

Perhaps stupidly, we planned to use our Monday night report to encompass the popular Crypto currency items, all of them. It transpired, quite obviously, our ambition was foolish, the bandwidth of the varied Crypto’s proving quite a big job to map. Thus, we’re kicking off with Ethereum this week, will perhaps view Bitcon next week, and Ripple thereafter as the retail banks make quite a bit more sense than Cryptocurrency.

By our usual rules, Ethereum value is in a lot of trouble, the value of the supposed asset currently shuffling around at the start of a cycle which ends up with a minus price, obviously impossible.

When we muck around with crayons and trend lines, there appears to be a chance the market has realised Ethereum has been allowed to reverse too far. At present, the price is showing an unhealthy fascination with the Red uptrend since 2021. This sort of thing isn’t unknown and often provides the presage for some surprise positive movements. It is certainly the case ETHUSD could do with such a surprise as the Crypto price spiking downward to around -$590 would be as desirable as a politician showing up at a party or social event. As we’re located in Scotland, we’re more than justified in throwing ridicule toward the “trough” underclass of humanity. A standing joke is Nicola (blinks when lying) Sturgeon spent 9 hours saying “No Comment” in her interview with the police, when she told the media she was giving full and frank assistance to their enquiries. Even the police felt they had to issue a correction to her media statements.

Our suspicion is to anticipate panic recovery on the price of the imaginary currency. Should this actually be the case, we can allocate $1,725 as a potential trigger, once capable of promoting rises to an initial 1,867 with our secondary, when exceeded, at 2,069 dollars. And perhaps beyond to an eventual 2,529 dollars and the need for us to panic and urgently review our projections.

In this instance, we suspect a surprise recovery is on the cards for Ethereum.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:18:34PM BRENT 9318.3 9300 9005 8180 9829 9764 9999 10234 9257
11:25:56PM GOLD 4317.29 4269 4095 3829 4359 4358 4377 4413 4315
11:22:19PM FTSE 10330.6 10267 10216 10150 10353 10416 10454 10510 10354
11:24:48PM STOX50 6033.6 5960 5942 5882 6023 6084 6126 6181 6039 ‘cess
11:20:38PM GERMANY 24501.5 24334 24177 23756 24571 24743 24849 25021 24558 ‘cess
11:58:44PM US500 7416.4 7345 7305 7200 7415 7467 7488 7536 7412
12:02:29AM DOW 50775.3 50656 50217 49709 50853 51273 51478 51783 50928
12:51:44AM NASDAQ 29450.2 28915 28844 28561 29250 29702 29769 30116 29500 Shambles
12:55:13AM JAPAN 64791 63353 62947 61651 64450 65864 66083 66983 65364 Illogical

 

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:AZN Astrazeneca** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, Astrazeneca, Natwest, Parkmead, Taylor Wimpey,


LSE:AML Aston Martin. Close Mid-Price: 41.38 Percentage Change: + 0.00% Day High: 0 Day Low: 0

If Aston Martin experiences continued weakness below 40.82, it will invar ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 13796 Percentage Change: + 0.00% Day High: 0 Day Low: 0

With a right shoulder throbbing from todays Covid-19 jag (my 12th, I think ……..

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LSE:NWG Natwest. Close Mid-Price: 599.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Above 604 should now trigger movement to an initial 610 with our secondary ……..

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LSE:PMG Parkmead. Close Mid-Price: 18.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Continued weakness against PMG taking the price below 18.5p c ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 75.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Taylor Wimpey experiences weakness below 75.3p it calculates ……..

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*** End of “Updated Today” comments on shares.

NatWest Group Plc (LSE:NWG), trading around 593.80 at time of writing.

#Brent #Dax As expected, Monaco provided a boring race, albeit one with plenty of entertainment of around 1/4 of the drivers penalised for speeding in the pit lane, along with a few of them hitting walls. Eventually a reasonable bump provided a Red flag, stopping the race and producing 7 laps of pretend racing, the drivers unable to pass the car in front. Which is the big problem with Monaco but we’ve learned the sneaky way to make the event tolerable. Record it, then watch on Fast Forward. Unfortunately, we cannot do this Retail Banking Sector share prices but, gosh, we wish we could.

Nine sessions ago NatWest share price broke through this years Blue downtrend. In the period since, NatWest share prices have “done a Monaco”, their share price exploring a fascinating 10p range of closing prices while it effectively has done nothing. For a share flirting with the 6 quid level, a 10p range of prices failed to give any sort of reasonable Risk/Reward for traders. The share price is “supposed” to be heading upward, hesitation doubtless being blamed on the Iran thing. Or perhaps the Lebanon thing. Our suspicion, once the various “things” are cleared up, is for NatWest to hopefully explode into life, accelerating upward faster than a projectile fired from Beirut.

It appears, given this tedious flatline behaviour, that movement next above 604.5p should ‘reliably’ trigger gains to an initial 622 with our secondary, if bettered, a very probable 631p. Visually, there are three arguments favouring some hesitation at such a level but closure above 631p shall be viewed as significant for the longer term, theoretically triggering a future 682p and a challenge against a Light Blue downtrend which dates back to 2008.

For things to go wrong, below 553p would be a bad thing, risking a visit to 506p with our secondary, if broken an unlikely 438p. Our inclination is toward optimism for this share.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
2:15:54AM BRENT 9210.4 9276 8993 8710 9407 9512 9650 9804 9400
2:59:52AM GOLD 4328.3
3:11:23AM FTSE 10334.6
9:57:45PM STOX50 6012.5
10:00:27PM GERMANY 24570.8 24504 24463 24276 24704 24868 24978 25136 24758
10:03:10PM US500 7357.3
10:05:45PM DOW 50746
10:27:41PM NASDAQ 28780
10:33:28PM JAPAN 63827

 

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:AV. Aviva** **LSE:RKH Rockhopper** **LSE:SBRY Sainsbury** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Aviva, Rockhopper, Sainsbury, Zoo Digital,


LSE:AML Aston Martin. Close Mid-Price: 41.12 Percentage Change: + 0.00% Day High: 0 Day Low: 0

As a constructor doing better than Cadillac in this years F1 championship, ……..

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LSE:AV. Aviva. Close Mid-Price: 603.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Below 600 risks promoting reversal to an initial 587 with our secondary, i ……..

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LSE:RKH Rockhopper. Close Mid-Price: 72.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against RKH taking the price below 71.7p calculates as ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 300.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Below 294 risks a visit to 280 with our secondary, if broken, at 254 and p ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 12.25 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Moves above 13.3 should trigger a nod in the direction of 14.25 with our s ……..

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*** End of “Updated Today” comments on shares