Trends And Targets

#FTSE #CAC40 Dinner table arguments, as every married couple knows, generally verge on the absurd. For instance, an attempt tonight to resolve a software issue quickly devolved into the utterly absurd with two brains toddling off in different directions. The basic question was quite simple. Is Zero an Odd or Even number? A masterful subject change became a rush to a computer to discover whether Southern Ireland is actually north of Northern Ireland. (It is! but Southern Ireland is just called Ireland, to be fair.)

As for Zero, we couldn’t agree but decided it safest to assume Zero isn’t a number, even though it is. After all, if we write ‘1’, we mean ‘one’ whereas if we write ‘100’ we mean ‘a hundred’. Therefore, zero must have a place in the world, despite some irritating software results. The whole nonsense conversation came about, due to finally trying to resolve an irritating software glitch. When postulating market futures, every now and then our initial ‘fast’ targets calculate with small decimals such as 0.12 or 0.25 and they shouldn’t.  Once around 10 years had gone by, it was finally noticed this only happens when an index number ends in zero. The collection of formula which kicks into life is supposed to spit out a perfectly formed whole number target as the result. But when a days trading Open/Close/High/Low numbers are collated and calculated, we often see this irritating little decimal sidekick to the target number.

My wife opted to suggest short circuiting the process, forcing the final result to be rounded up or down, if an index value was greater than 1,000 points. Essentially, it became a “life’s too short” answer. It made sense but anxious not to leave her with a “win”, moving on to mentioning; ‘not many folk know Southern Ireland extends north of Northern Ireland’ returned our natter to an acceptable level of silly.

 

As for Taylor Wimpey LON:TW., we’re curious as to how the share price shall perform, given the ever growing price of raw materials for building. A recent visit to a builders yard to buy a few metres of a specific type of flooring was a horror show. The yard had ceased stocking the material, due to the price performing completely insanely, despite the timber market already being insane. The guy in the yard kept referring to his ipad for prices as they only order it in for specific sales. Eventually, the joke opportunity couldn’t be ignored and I described the product as being volatile, a Chipto Currency as opposed to a Crypto Currency. Needless to say, the humour needed explained, thanks to most folk being unaware of what happens with Crypto movements. But with Taylor Wimpey a doubtless victim of current Chipto Currency variations, surely their share price shall be at risk if building projects start to price themselves out of the market? (It can be assumed I was quite proud of my ChiptoCurrency joke as the flooring is made from wood chips, glued together, compressed, baked and weatherproof…)

Presently trading around 152p, weakness on Taylor Wimpey below 145p calculates with the potential of reversal to an initial 126p. If broken, our secondary calculates at a hopeful bottom around 107p, ideally a point where a bounce should occur.

In a normal world, we’d usually not be concerned as there’s already a strong argument suggesting the share price wants to head to 239p eventually, doubtless with some pause for thought at the 203p level. Unfortunately, thanks to movements in 2021 proving fairly tepid, doubt is establishing itself and unless the share manages above it’s prior high of 185p, we suspect it shall prove worth watching for a visit to the 107p level.

Many thanks to the nice people who find adverts on this page worth a visit. We like our morning coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:47:33PM	BRENT	83.94									‘cess
9:50:06PM	GOLD	1788.19
9:51:57PM	FTSE	7271.21	7238	7220	7191	7282	7290	7304	7326	7256
9:55:09PM	FRANCE	6929	6896	6887	6871	6914	6931	6937.75	6947	6920	Success
10:05:40PM	GERMANY	15956									Success
10:13:47PM	US500	4628
10:17:43PM	DOW	36030									‘cess
10:26:40PM	NASDAQ	15958									Success
10:28:03PM	JAPAN	29517	29431	29323	29215	29525	29647	Clueless

 

2/11/2021 FTSE Closed at 7274 points. Change of -0.19%. Total value traded through LSE was: £ 5,594,886,752 a change of 24.19%

1/11/2021 FTSE Closed at 7288 points. Change of 0.7%. Total value traded through LSE was: £ 4,505,252,834 a change of -24.3%

29/10/2021 FTSE Closed at 7237 points. Change of -0.17%. Total value traded through LSE was: £ 5,951,106,978 a change of 27.04%

28/10/2021 FTSE Closed at 7249 points. Change of -0.06%. Total value traded through LSE was: £ 4,684,429,352 a change of -6.92%

27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

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:AFC AFC Energy** **LSE:AVCT Avacta** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:HL. Hargreaves Lansdown** **LSE:ITM ITM Power** **LSE:OPG OPG Power Ventures** **LSE:QFI Quadrise** **LSE:SCLP Scancell** **LSE:VOG VICTORIA** **

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Updated charts published on : AFC Energy, Avacta, Diageo, Experian, Hargreaves Lansdown, ITM Power, OPG Power Ventures, Quadrise, Scancell, VICTORIA,

LSE:AFC AFC Energy Close Mid-Price: 59.9 Percentage Change: -7.28% Day High: 67.2 Day Low: 59.2

In the event of AFC Energy enjoying further trades beyond 67.2, the share ……..

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LSE:AVCT Avacta Close Mid-Price: 110 Percentage Change: -8.94% Day High: 113.5 Day Low: 98

Continued weakness against AVCT taking the price below 98 calculates as l ……..

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LSE:DGE Diageo. Close Mid-Price: 3713.5 Percentage Change: + 1.56% Day High: 3715.5 Day Low: 3657.5

Target met. All Diageo needs are mid-price trades ABOVE 3715.5 to improve ……..

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LSE:EXPN Experian. Close Mid-Price: 3388 Percentage Change: + 0.12% Day High: 3411 Day Low: 3372

Further movement against Experian ABOVE 3411 should improve acceleration ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1581.5 Percentage Change: + 1.35% Day High: 1581.5 Day Low: 1553

Above 1625 should now bring an initial 1672 with secondary, if bettered, c ……..

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LSE:ITM ITM Power Close Mid-Price: 487 Percentage Change: -4.42% Day High: 519.5 Day Low: 480.4

In the event of ITM Power enjoying further trades beyond 519.5, the share ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 15 Percentage Change: + 3.45% Day High: 15.5 Day Low: 14.62

All OPG Power Ventures needs are mid-price trades ABOVE 15.5 to improve a ……..

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LSE:QFI Quadrise Close Mid-Price: 3.45 Percentage Change: -2.95% Day High: 3.3 Day Low: 3.21

In the event Quadrise experiences weakness below 3.21 it calculates with ……..

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LSE:SCLP Scancell. Close Mid-Price: 19.88 Percentage Change: + 4.61% Day High: 20 Day Low: 18.88

If Scancell experiences continued weakness below 18.88, it will invariabl ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.1 Percentage Change: -0.80% Day High: 3.14 Day Low: 3.1

Weakness on VICTORIA below 3.1 will invariably lead to 2.75 with secondar ……..

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

#Gold #Nasdaq It’s a bit of a surprise seeing Darktrace LON.DARK joining the FTSE 100 so quickly following their launch. Perhaps doubly so, due to the company shares being under a ‘No Sell’ moratorium for those who bought at the launch, when they were just 250p. Currently at 681p, the moratorium expires on Wednesday this week, when there will doubtless be frenetic activity to take some profit, if only due to price movements in the last week.

Of course, matters have not been helped, perhaps a suspicion their 4x rise in six months was perhaps optimistic. A firm of city brokers issued a note to the media, entitled “Reality Check”, warning of a disconnect between the company value and its growth prospects. The note also, perhaps spitefully, mentioned some clients of Darktrace describe their technology as “snake oil”. While this sort of thing may often be justified, especially in a marketplace where buzzwords like “crypto”, “game theory” and “blockchain” are used to conceal the salient detail a product is overhyped nonsense, the pedigree of the folk behind Darktrace should give pause for thought. After all, with security specialists escaping from GCHQ counted among the brains, some respect for the company should be justified.

 

The big question is how low should the share price be expected to fall, should there be a rush to ‘take profit’ this week?

 

If we extrapolate on the company share price behaviour since June, the immediate situation suggests weakness below 668p should permit reversal down to an initial 574p. Should such a level break, bottom should hopefully occur at 511p, providing a bounce and still producing a ‘nice little earner’ for those initial investors who retain their shares. We can predict a pretty nasty problem, should the company share price close a session below 511p. In such an event, continued reversal will enjoy a “Big Picture narrative, justifying travel down to 268p, virtually a break even level for initial investors.

This price becomes extremely dangerous, obviously psychologically capable of providing a bounce but unfortunately, also residing in a movement cycle where the Big Picture calculates with an ultimate bottom down at 116p. We cannot calculate below such a level and, to be fair, it’s difficult to imagine such a recently listed company, a member of the FTSE 100, finding itself in such a position where its share price could experience so much damage.

 

Our suspicion is to anticipate 511p making an appearance sometime soon. Currently, the share needs better 800p to escape this misery.

Yet again, massive thanks to those who find adverts on this page sufficiently useful to visit. The income keeps us awash with coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:28:25PM	BRENT	84.42									‘cess
10:30:28PM	GOLD	1793.33	1779	1772	1764	1788	1796	1799	1807	1785
10:31:50PM	FTSE	7302.87									‘cess
10:33:41PM	FRANCE	6905.8									‘cess
10:35:37PM	GERMANY	15819.62
10:37:44PM	US500	4612.82									‘cess
10:40:09PM	DOW	35912									‘cess
10:41:49PM	NASDAQ	15901	15778	15742.5	15687	15880	15907	15932.5	15984	15857
10:43:52PM	JAPAN	29532									Success

 

1/11/2021 FTSE Closed at 7288 points. Change of 0.7%. Total value traded through LSE was: £ 4,505,252,834 a change of -24.3%

29/10/2021 FTSE Closed at 7237 points. Change of -0.17%. Total value traded through LSE was: £ 5,951,106,978 a change of 27.04%

28/10/2021 FTSE Closed at 7249 points. Change of -0.06%. Total value traded through LSE was: £ 4,684,429,352 a change of -6.92%

27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%

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:AFC AFC Energy** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:ODX Omega Diags** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **

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Updated charts published on : AFC Energy, Diageo, Experian, Intercontinental Hotels Group, International Personal Finance, ITM Power, Lloyds Grp., Omega Diags, Standard Chartered, Tullow,

LSE:AFC AFC Energy. Close Mid-Price: 64.6 Percentage Change: + 7.13% Day High: 65.3 Day Low: 59

All AFC Energy needs are mid-price trades ABOVE 65.3 to improve accelerat ……..

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LSE:DGE Diageo. Close Mid-Price: 3656.5 Percentage Change: + 0.67% Day High: 3668 Day Low: 3633.5

Further movement against Diageo ABOVE 3668 should improve acceleration to ……..

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LSE:EXPN Experian. Close Mid-Price: 3384 Percentage Change: + 1.11% Day High: 3401 Day Low: 3330

Continued trades against EXPN with a mid-price ABOVE 3401 should improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5188 Percentage Change: + 1.37% Day High: 5202 Day Low: 5136

Further movement against Intercontinental Hotels Group ABOVE 5202 should ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 129.8 Percentage Change: + 1.88% Day High: 133.6 Day Low: 122.8

Weakness on International Personal Finance below 122.8 will invariably le ……..

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LSE:ITM ITM Power. Close Mid-Price: 509.5 Percentage Change: + 4.19% Day High: 515 Day Low: 486.4

Continued trades against ITM with a mid-price ABOVE 515 should improve th ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 51.11 Percentage Change: + 1.77% Day High: 51.3 Day Low: 50.78

Further movement against Lloyds Grp. ABOVE 51.3 should improve accelerati ……..

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LSE:ODX Omega Diags. Close Mid-Price: 51.5 Percentage Change: + 4.04% Day High: 56 Day Low: 50.5

Now faintly hopeful, movement above ^ 52 should bring recovery to an initi ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 505.8 Percentage Change: + 2.20% Day High: 510.2 Day Low: 494.3

Target met. In the event of Standard Chartered enjoying further trades be ……..

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LSE:TLW Tullow. Close Mid-Price: 46.29 Percentage Change: + 0.70% Day High: 46.36 Day Low: 44.86

In the event Tullow experiences weakness below 44.86 it calculates with a ……..

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

#Brent #Dax In virtually every marketplace, the last week has been almost amusing. In several countries, financial institutions were reporting record profit levels yet, when the news was released, the share price would reverse. It was very much an instance of “Buy on the rumour, Sell on the news” but the media, of course, fought hard to discover other reasons for the reversals.

 

In the case of Natwest, the principal cause of the reversals was blamed on a potential change in Interest Rates next Thursday with two evil members of the committee refusing to give any clue as to their thinking, thus apparently causing uncertainty. Then again, the bank also plead guilty in a money laundering court case, the bank being accused of failing to monitor the activity of one of its clients between 2012 and 2016. As a result of the guilty plea, the bank anticipates a fine of around 250 million, rather than 340 million had they contested the case. A little digging revealed a hilarious fact of the case. The client had been depositing bags of cash, amounting to 264 million over the period. The clients business plan had anticipated turnover of £15 million per annum. Once upon a time, bank branches had managers who paid attention to this sort of thing, now mostly pensioned off to golf courses. I’ve a personal memory of once depositing several thousand pounds in cash from a retail business, only to receive a call from the manager asking why there were so many £100 notes in the bag. The total value was fairly normal, the presence of £100 notes was something out of the ordinary.

The explanation was quite basic. His branch had given them to me the previous day as I was viewing an old car called a MGB V8. On viewing the heap of rust held together by paint, common sense reared its head and the money swiftly returned to the bank.

 

When we previously reviewed Natwest, we’d a scenario suspecting movement to 233p, something the share price has achieved. In fact, it marginally exceeded the 233p level, achieving 235p on several days and closing slightly above 233p also. This is something we tend regard as a good thing, nudging the share price into a region where some Big Picture influences shall hopefully make themselves know. The recent 5% drop in the share price, while an issue, isn’t terribly alarming as it makes us suspect slight reversals may occur before a surprise upward surge.

The immediate situation suggests weakness below 229 shall bring travel down to an initial 213 with secondary, if broken, at 205p. Neither scenario is particularly alarming, taking the price to the levels of the prior low.

Instead, we now hope for movement above 235p to bring a surge to an initial 253p. With closure above 253p, the Big Picture now calculates with a longer term attraction at 330p.

As always, many thanks to those who find worthwhile adverts to visit on this page.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
5:51:00PM	BRENT	83.49	82.48	82.08	81.46	83.84	84.23	84.58	85.28	83.28
5:53:06PM	GOLD	1783.72									Success
5:55:33PM	FTSE	7254.99
6:10:27PM	FRANCE	6856									Success
6:12:32PM	GERMANY	15718.09	15626	15596.5	15553	15690	15729	15790.5	15889	15669	Success
6:14:44PM	US500	4603.77
6:17:11PM	DOW	35813.7									‘cess
6:22:43PM	NASDAQ	15846									Shambles
6:25:02PM	JAPAN	29036									‘cess

 

29/10/2021 FTSE Closed at 7237 points. Change of -0.17%. Total value traded through LSE was: £ 5,951,106,978 a change of 27.04%

28/10/2021 FTSE Closed at 7249 points. Change of -0.06%. Total value traded through LSE was: £ 4,684,429,352 a change of -6.92%

27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%

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:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:ITM ITM Power** **LSE:OPG OPG Power Ventures** **LSE:PPC President Energy** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **

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Updated charts published on : BALFOUR BEATTY, Carclo, Centrica, 4D Pharma, Foxtons, ITM Power, OPG Power Ventures, President Energy, Scancell, Vodafone, VICTORIA,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 254 Percentage Change: -1.09% Day High: 257.8 Day Low: 251.6

Target met. If BALFOUR BEATTY experiences continued weakness below 251.6, ……..

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LSE:CAR Carclo. Close Mid-Price: 44.5 Percentage Change: + 1.83% Day High: 46.1 Day Low: 42.6

Continued trades against CAR with a mid-price ABOVE 46.1 should improve t ……..

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LSE:CNA Centrica Close Mid-Price: 60.32 Percentage Change: -0.10% Day High: 62.44 Day Low: 60.04

Target met. All Centrica needs are mid-price trades ABOVE 62.44 to improv ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 61.8 Percentage Change: + 0.49% Day High: 63.1 Day Low: 60.6

This is failing to produce anything interesting, creating a situation wher ……..

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LSE:FOXT Foxtons Close Mid-Price: 47.15 Percentage Change: -1.67% Day High: 47.75 Day Low: 45

Continued weakness against FOXT taking the price below 45 calculates as l ……..

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LSE:ITM ITM Power. Close Mid-Price: 489 Percentage Change: + 1.79% Day High: 497.8 Day Low: 478.8

Target met. Further movement against ITM Power ABOVE 497.8 should improve ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 14.5 Percentage Change: -0.85% Day High: 14.75 Day Low: 14.5

Now mildly hopeful, movement above 14.75 suggests the potential of traffic ……..

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LSE:PPC President Energy Close Mid-Price: 1.8 Percentage Change: -7.69% Day High: 1.9 Day Low: 1.75

Weakness on President Energy below 1.75 will invariably lead to 1.6 with ……..

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LSE:SCLP Scancell Close Mid-Price: 19.75 Percentage Change: -1.25% Day High: 20.25 Day Low: 19.1

Continued weakness against SCLP taking the price below 19.1 calculates as ……..

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LSE:VOD Vodafone Close Mid-Price: 108.04 Percentage Change: -0.86% Day High: 109.16 Day Low: 107.78

Target met. If Vodafone experiences continued weakness below 107.78, it w ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.12 Percentage Change: -3.85% Day High: 3.25 Day Low: 3.12

Continued weakness against VOG taking the price below 3.12 calculates as ……..

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

#FreeFutures This year, Formula 1 has proven quite vibrant, less processional than recent years, and even Ferrari are looking more interesting. Obviously, the marque doesn’t have a chance of winning any titles but it’s nice to see the red cars ‘up there’. Despite a suspicion the current leader for the drivers title, Red Bull, shall be discovered to be secretly interpreting rules to suit themselves, Ferrari remain trailing at just 4th place in the constructors standings.

However, the car manufacturer appear to be suffering a share price which is doing very nicely! Perhaps this confirms the theory of Ferrari making their best road cars, when their racing team is doing poorly. The company last won a world championship in 2007 but their shares, traded in New York, continue to go from strength to strength.

The immediate situation is quite positive, suggesting movement next above $238 should make an attempt at an initial confident $245. If exceeded, we can calculate the potential of a longer term visit to $257. For everything to go into reverse, the share price needs slip below $204 as this permits reversal an initial $191 with secondary, if broken, at $175 and an almost certain bounce.

FTSE for FRIDAY It has been a pretty painful week, the UK market  enjoying a range of just 60 ish points over 4 days. As we enter the Halloween weekend, should we suspect a major fright is awaiting to panic traders? There is a detail worthy of consideration. Our report last Friday provided a target of 7275 points. On both Tuesday and Wednesday of this week, the index achieved 7280 points, marginally above our target level and giving a reasonable reserve of hope for what’s coming next.

Above 7281 points now suggests coming strength to an initial 7354 points. If bettered, our secondary calculates at 7425 points. An interesting (from our perspective) detail relates to the recent period of relative hiatus, while on an upward cycle. Quite often, things change pretty fast with sharp upward movements over a period of days. While it’s the case the FTSE needs trouble the 7500 point, just to challenge the market level, pre-pandemic, arguments are accumulating supporting such a potential.

 

If everything intends go a little bit wrong, the FTSE needs below 7210 points to risk triggering reversal to an initial 7156 points. If broken, we can work out the risk of a secondary at 7082 points, hopefully with a solid bounce.

As always, many thanks to those who find worthwhile adverts to visit on this page.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:54PM	BRENT	83.98	81.6	81.045		82.72	84	84.585		83.24	‘cess
9:48:28PM	GOLD	1799.39	1792	1787		1804	1811	1816.5		1792	Success
9:50:26PM	FTSE	7246	7217	7200		7256	7261	7274		7229	‘cess
9:53:00PM	FRANCE	6801.5	6764	6752.5		6804	6805	6829		6764	Success
9:54:45PM	GERMANY	15664.46	15626	15614		15696	15715	15745		15644	‘cess
9:56:45PM	US500	4587.42	4569	4561		4591	4593	4600		4577	Success
9:58:17PM	DOW	35776.7	35502	35418		35607	35796	35833.5		35597	‘cess
10:00:34PM	NASDAQ	15680	15636	15576.5		15722	15738	15765.5		15698	‘cess
10:02:44PM	JAPAN	28871	28672	28624		28862	28915	28998		28790

 

28/10/2021 FTSE Closed at 7249 points. Change of -0.06%. Total value traded through LSE was: £ 4,684,429,352 a change of -6.92%

27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%

20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%

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:CAR Carclo** **LSE:EXPN Experian** **LSE:IHG Intercontinental Hotels Group** **LSE:LLOY Lloyds Grp.** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **LSE:VOD Vodafone** **

********

Updated charts published on : Carclo, Experian, Intercontinental Hotels Group, Lloyds Grp., Quadrise, Rockhopper, Rolls Royce, Sainsbury, Tullow, Vodafone,

LSE:CAR Carclo. Close Mid-Price: 43.7 Percentage Change: + 3.55% Day High: 45.1 Day Low: 43.1

Target met. Further movement against Carclo ABOVE 45.1 should improve acc ……..

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LSE:EXPN Experian. Close Mid-Price: 3320 Percentage Change: + 0.12% Day High: 3319 Day Low: 3289

Above 3337 should enter a cycle to an initial 3420 with secondary, if bett ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5088 Percentage Change: + 1.23% Day High: 5100 Day Low: 4990

This is poised on the edge of some action. Above just 5115 now calculates ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.58 Percentage Change: + 1.27% Day High: 50.33 Day Low: 49.15

All Lloyds Grp. needs are mid-price trades ABOVE 50.33 to improve acceler ……..

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LSE:QFI Quadrise Close Mid-Price: 3.55 Percentage Change: -2.34% Day High: 3.4 Day Low: 3.29

Weakness on Quadrise below 3.29 will invariably lead to 2.8 and hopefully ……..

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LSE:RKH Rockhopper Close Mid-Price: 5.7 Percentage Change: -6.56% Day High: 6.08 Day Low: 5.99

Continued weakness against RKH taking the price below 4.5 now allows for ……..

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LSE:RR. Rolls Royce Close Mid-Price: 132.02 Percentage Change: -1.42% Day High: 136.26 Day Low: 131.16

In the event Rolls Royce experiences weakness below 131.16 it calculates ……..

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LSE:SBRY Sainsbury Close Mid-Price: 299.6 Percentage Change: -2.25% Day High: 307.8 Day Low: 297.3

Further movement against Sainsbury ABOVE 307.8 should improve acceleratio ……..

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LSE:TLW Tullow Close Mid-Price: 45.77 Percentage Change: -4.67% Day High: 47.8 Day Low: 45.46

Target met. Continued weakness against TLW taking the price below 45.46 c ……..

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LSE:VOD Vodafone Close Mid-Price: 108.98 Percentage Change: -2.71% Day High: 111.78 Day Low: 109.1

Continued weakness against VOD taking the price below 109.1 calculates as ……..

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

#BrentFutures #WallSt There’s a golden rule about downtrends. Always draw the line through the high of the day. Equally, with uptrends, draw the line through the low of the day. All perfectly simple and unfortunately, sometimes utterly wrong. MGC currently exhibit a fascinating downtrend, one which makes very little sense as it fails to conform to ‘the rules’.

Since September, the share price has been declining in a steady, painful, manner with each day inflicting yet another little cut in the price. It can be difficult to believe this behaviour is due to conventional trading logic, especially as a glance at the price trend reveals something unusual. Reversals conform to a Closing Price trend, ignoring the highs and lows of the day. On the sessions of 15th and 18th October (circled), this behaviour was painfully obvious as the chart inset below shows. The share price, quite literally, run exactly at the level of the trend for those two sessions and out of curiosity, we backtracked the trend line to discover it commenced on February 18th, not at the high of the day (9.275p) but instead, at the day closing price of 7.43p.

From our perspective, this both warns us to dampen expectations for the future but also, gives a pretty solid clue as to the point when the share price can be regarded as starting recovery. Should the market permit the share to actually close a session above this Blue line, some real hope becomes possible as the market indicates the downtrend is no longer valid. Hopefully!

For now, it appears weakness below 2.55 should head toward 2.3p next, ideally this proving to be a point capable of justifying a bounce. Our secondary, should the share manage to close below 2.3p is pretty concerning, an ultimate bottom of 1.3p.

Should the cannabis focussed company intend display some strength, above 2.95p should prove significant, calculating with the potential of recovery to an initial 4.1p. If exceeded, our longer term secondary works out at a less comfortable 5p

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:49:51PM	BRENT	83.44	83.36	82.825	81.81	84.26	85.16	85.75	86.55	84.15	Success
9:51:53PM	GOLD	1796.71
9:53:26PM	FTSE	7259.95
9:55:58PM	FRANCE	6734.5									Shambles
9:57:45PM	GERMANY	15683.3
10:00:08PM	US500	4555.87									‘cess
10:02:27PM	DOW	35537.2	35495	35401	35235	35605	35705	35744	35827	35610	Success
10:04:22PM	NASDAQ	15609.69
10:06:40PM	JAPAN	28683									Success

Again, our thanks to the kind folk who find advertising on this page worth a visit. We seriously appreciate our daily coffee!

.

27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%

20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%

19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%

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:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:NWG Natwest** **LSE:PPC President Energy** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **

********

Updated charts published on : Block Energy PLC, Carclo, Capita, Firstgroup, HSBC, International Personal Finance, Natwest, President Energy, Sainsbury, Tullow,

LSE:BLOE Block Energy PLC Close Mid-Price: 1.55 Percentage Change: -1.59% Day High: 1.55 Day Low: 1.43

If Block Energy PLC experiences continued weakness below 1.43, it will in ……..

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LSE:CAR Carclo. Close Mid-Price: 42.2 Percentage Change: + 2.06% Day High: 43.9 Day Low: 41.5

In the event of Carclo enjoying further trades beyond 43.9, the share sho ……..

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LSE:CPI Capita. Close Mid-Price: 48.4 Percentage Change: + 1.06% Day High: 48.69 Day Low: 47.52

Now above 54p allows movement to 60 initially. If bettered, our secondary ……..

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LSE:FGP Firstgroup. Close Mid-Price: 100.5 Percentage Change: + 4.52% Day High: 102.7 Day Low: 99

Target met. All Firstgroup needs are mid-price trades ABOVE 102.7 to impr ……..

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LSE:HSBA HSBC Close Mid-Price: 444.7 Percentage Change: -0.55% Day High: 448.15 Day Low: 442.5

Exceeding 449 now looks capable of an initial 467 with secondary, if bette ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 134 Percentage Change: + 2.13% Day High: 135.2 Day Low: 128.4

Below 126 now looks troublesome, suggesting weakness to an initial 115 wit ……..

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LSE:NWG Natwest Close Mid-Price: 233 Percentage Change: -0.55% Day High: 235 Day Low: 232.4

All Natwest needs are mid-price trades ABOVE 235 to improve acceleration ……..

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LSE:PPC President Energy. Close Mid-Price: 1.95 Percentage Change: + 0.00% Day High: 1.95 Day Low: 1.95

Now mildly interesting as ^above 1.95 now suggests recovery to an initial ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 306.5 Percentage Change: + 1.69% Day High: 306.6 Day Low: 300.6

Continued trades against SBRY with a mid-price ABOVE 306.6 should improve ……..

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LSE:TLW Tullow Close Mid-Price: 48.01 Percentage Change: -0.39% Day High: 48.53 Day Low: 46.73

If Tullow experiences continued weakness below 46.73, it will invariably ……..

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

#FTSE #Nasdaq As one of a generation who grew up, eagerly hoping for an Airfix model kit at Xmas, there were a few areas where close attention needed paid. The glue which came with the kits especially needed time to dry, there being few things more irritating than a plane leaning drunkenly on a sagging set of wheels. The ultimate crime usually surfaced with the wings and flaps, especially as a bad joint was almost impossible to fix invisibly.

 

During one of the documentaries, showing how great the Airbus A380 was to be, it was boasted about the amazing weight savings achieved by gluing the wings on to the body of the monstrosity. Personally, this provoked a ‘Wait, What?’ moment. You glue wings onto children’s toy aircraft but in commercial aviation, surely only nuts and bolts could be safe. Preferably really big nuts and bolts, along with screws and other conventional methods of attaching important bits to an airframe.

While adulthood brings an understanding of how glue is best used, childhood memories of building an Airfix Boeing 747 and fighting to ensure the tail flaps remained intact, thanks to the glue drying too fast remained. A personal ‘memo to self’, never fly an Airbus A380 was sent. In fact, any aircraft made by Airbus tend be avoided, thanks to a (justifiable) fear of flying. Last time I was in one of their products, a landing at Bristol proved quite memorable due to the thing skidding on the runway.

In other words, approaching Airbus share price, a degree of personal bias exists and it’s not in a favourable way.

 

The immediate situation looks a little dangerous, the share price risking coming unglued should it now manage below 107€. Currently trading around 110€, the price doesn’t need work hard to hit the trigger level as movement below 107 calculates with the potential of reversal to an initial 97€. If broken, our secondary works out at 85€ and hopefully a proper bounce. There is a danger, below the 85 Euro level of an ultimate bottom calculating down at 70€, this being a level we cannot calculate below without starting to employ minus signs!

Thankfully, the price doesn’t need much work to climb above this level of misery. In the event the share now manages to close a session above 118.5€, some miracles appear possible as growth to an initial 145 becomes possible. If exceeded, our secondary calculates at 159€ and a new all time high for the plane-makers price.

Unfortunately, for now we suspect patience shall be required. It feels like reversal to 85 should be expected.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:13:50PM	BRENT	85.49
10:22:10PM	GOLD	1793.06
10:24:12PM	FTSE	7274.38	7227	7210	7186	7250	7282	7299	7317	7260	‘cess
10:26:14PM	FRANCE	6757									Success
10:35:24PM	GERMANY	15727									Success
10:38:38PM	US500	4572.87									Success
10:40:58PM	DOW	35784.4									‘cess
10:42:52PM	NASDAQ	15544	15515	15500.5	15429	15607	15715	15766.5	15965	15513	Success
10:45:22PM	JAPAN	28951	28880	28776.5	28621	29040	29243	29343.5	29484	28990	Success

 

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%

20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%

19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%

18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%

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:AFC AFC Energy** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **LSE:TLW Tullow** **

********

Updated charts published on : AFC Energy, British Telecom, Carclo, Carnival, MAN, Firstgroup, Fresnillo, ITM Power, Quadrise, Tullow,

LSE:AFC AFC Energy. Close Mid-Price: 60 Percentage Change: + 10.29% Day High: 61.4 Day Low: 54.1

Further movement against AFC Energy ABOVE 63.5 to prove significant, now ……..

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LSE:BT.A British Telecom. Close Mid-Price: 143.25 Percentage Change: + 5.95% Day High: 144.6 Day Low: 134.85

Weakness on British Telecom below 134.85 will invariably lead to 134 with ……..

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LSE:CAR Carclo. Close Mid-Price: 41.35 Percentage Change: + 12.06% Day High: 42.9 Day Low: 36.4

Target met. All Carclo needs are mid-price trades ABOVE 42.9 to improve a ……..

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LSE:CCL Carnival. Close Mid-Price: 1483.8 Percentage Change: + 1.78% Day High: 1500.2 Day Low: 1449.8

This continues to flounder around uncertainly, currently looking like an a ……..

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LSE:EMG MAN. Close Mid-Price: 242.5 Percentage Change: + 2.71% Day High: 242.3 Day Low: 236.6

Target met. Continued trades against EMG with a mid-price ABOVE 242.3 sho ……..

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LSE:FGP Firstgroup. Close Mid-Price: 96.15 Percentage Change: + 2.94% Day High: 96.35 Day Low: 92.05

Target met. In the event of Firstgroup enjoying further trades beyond 96. ……..

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LSE:FRES Fresnillo Close Mid-Price: 886 Percentage Change: -4.01% Day High: 927 Day Low: 883.6

In the event of Fresnillo enjoying further trades beyond 927, the share s ……..

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LSE:ITM ITM Power. Close Mid-Price: 483.8 Percentage Change: + 5.86% Day High: 487.2 Day Low: 459

All ITM Power needs are mid-price trades ABOVE 487.2 to improve accelerat ……..

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LSE:QFI Quadrise Close Mid-Price: 3.58 Percentage Change: -0.97% Day High: 3.5 Day Low: 3.45

If Quadrise experiences continued weakness below 3.45, it will invariably ……..

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LSE:TLW Tullow Close Mid-Price: 48.2 Percentage Change: -2.69% Day High: 50.46 Day Low: 48.17

Weakness on Tullow below 48.17 will invariably lead to 45 with secondary ……..

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

France, the CAC40 Index. (EU:PX1)

It took a low flying Chinook helicopter to initiate a classic ‘just stop & think’ moment. Determined to ensure grand-daughters enjoy their next visit, time spent on Youtube discovering how to make bottle rockets from 2ltr coke bottles had revealed something more interesting. The girls already enjoy target shooting and what could be better than aiming a crossbow at a plastic bottle target, a hit making a successful ‘kaboom’ and the bottle vanishes in a mist of water.

Apparently, inflating a 2ltr bottle, half filled with water, to a pressure of 30 pounds per square inch (psi), would give the desired result. Obviously, it was important to build a practice rig and as the massive Chinook flew overhead, I was nervously watching a Pepsi bottle making ominous creaks and groans while the compressor bravely pumped away. As it achieved 10 psi, wondering why we’ve been buzzed by military hardware on several occasions recently, a little alarm bell rung. The nearby city of Glasgow is about to host a major Climate Conference, world leaders are attending, the military will be keeping a weather eye on everything. And meanwhile, I was about to conduct a very loud experiment designed to impress a 10 year old firing a crossbow.  Needless to say, as the Climate Conference kicks off this weekend, the girls will attending a local softplay, walking the dog, and generally trying to avoid anything which sounds like an serious explosion. The collection of empty plastic bottles were placed in the green recycling bin, just as Boris Johnston announced this was also a waste of time…

 

The above, obviously, has nothing to do with France, other than the fact their countries leadership shall be in Glasgow for this Climate jamboree. Oh, and the rather important detail the CAC40 is looking fairly positive at the moment. The index finally exceeded the pre-pandemic level back in April (the FTSE still isn’t close) and has performed pretty strongly since. Despite some recent questionable behaviour, we suspect France intends continue growth. Already, the index has challenged its previous all time high of 6928 points back in 2001, achieving 6914 points this August. Perhaps this imaginary “Double Top” shall be blamed for causing hesitation but with a 20 year hiatus between the highs, we have doubts. According to our software, the CAC40 needs reverse below 6230 before any dip must be taken seriously.

Instead, the index only requires above 6800 points to suggest Big Picture influences shall exert themselves, calculating with a cycle to an initial 7350 points. If bettered, our longer term secondary works out at 7591 points and we emphatically would expect hesitation at such a level.

 

To visit the dark side, the index needs below 6230 points. Movement such as this works out with a reversal potential to an initial 5973 with secondary, if broken, at 5654 points. Perhaps more painfully, reversal such as this risks fouling up all Big Picture calculations, forcing us back to the drawing board.

Thanks to the kind folk who “buy us a coffee” when they discover an advert worth visiting on this page.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:13:26PM	BRENT	85.26									‘cess
10:15:04PM	GOLD	1808	1791	1789	1782	1800	1810	1813.5	1818	1796
10:17:17PM	FTSE	7236.78									Shambles
10:19:44PM	FRANCE	6715.5									‘cess
10:22:45PM	GERMANY	15645.61
10:26:28PM	US500	4573.27	4538	4530	4515	4560	4575	4584	4597	4555	‘cess
10:29:28PM	DOW	35761.4
10:32:24PM	NASDAQ	15548.22									Success
10:37:58PM	JAPAN	28799

 

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%

22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%

20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%

19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%

18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%

15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%

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:BARC Barclays** **LSE:BT.A British Telecom** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **

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Updated charts published on : Barclays, British Telecom, MAN, Fresnillo, Marks and Spencer, Rolls Royce, Sainsbury, Scancell,

LSE:BARC Barclays. Close Mid-Price: 200.6 Percentage Change: + 0.87% Day High: 203.85 Day Low: 199.44

All Barclays needs are mid-price trades ABOVE 203.85 to improve accelerat ……..

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LSE:BT.A British Telecom Close Mid-Price: 135.2 Percentage Change: -1.10% Day High: 137.4 Day Low: 135.15

In the event British Telecom experiences weakness below 135.15 it calcula ……..

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LSE:EMG MAN Close Mid-Price: 236.1 Percentage Change: -0.08% Day High: 239.1 Day Low: 235.2

Target met. Further movement against MAN ABOVE 239.1 should improve accel ……..

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LSE:FRES Fresnillo. Close Mid-Price: 923 Percentage Change: + 0.70% Day High: 924.2 Day Low: 900.8

Target met. Continued trades against FRES with a mid-price ABOVE 924.2 sh ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 182.15 Percentage Change: + 2.36% Day High: 184.65 Day Low: 177.5

This is a bit of a mess, trading marginally above the pre-pandemic drop le ……..

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LSE:RR. Rolls Royce Close Mid-Price: 132.54 Percentage Change: -1.89% Day High: 136.14 Day Low: 131.24

If Rolls Royce experiences continued weakness below 131.24, it will invar ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 295.9 Percentage Change: + 0.78% Day High: 301 Day Low: 293.6

In the event of Sainsbury enjoying further trades beyond 301, the share s ……..

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LSE:SCLP Scancell. Close Mid-Price: 21.5 Percentage Change: + 0.00% Day High: 21.75 Day Low: 21.5

This continues to flatline but the visuals suggest the share is approachin ……..

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