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#Brent #SP500 We finally got around to binge watching Clarkson’s Farm (mostly excellent) over the weekend, one particular scene making my wife and I quite literally laugh out loud. Jeremy Clarkson and Lisa made themselves comfortable with a couple of drinks, enjoying their new nightcap regime, watching a pair of robots working a field without human intervention. It was funny, ‘cos we’ve found ourselves sitting down with a couple of coffees, chatting while watching our robot tractor keeping itself busy cutting grass. We were, of course, watching Clarkson because it was raining heavily outside, our robot parked in its private garage, secure and dry, robot wheels proving to be rubbish on wet grass, similar to any other type of tyre.<\/p>\n
Natwest Group share price feels like it has hit its own patch of wet grass. It successfully hit the 692p level we proposed three weeks ago and it now is slithering around, failing to achieve our secondary of 736p. Instead, it has been spinning its wheels at the 726p level quite convincingly, “almost” making us suspect it’s going no higher. We’ve used parenthesis\u00a0 around the word “almost” as we’re not convinced at the stall, suspecting it just needs a patch of decent weather in the marketplace to permit further acceleration.<\/p>\n
Above 726p now calculates with an initial ambition at 740p with our secondary, if exceeded, working out at 760p, a price level where we think some further hesitation shall occur. But overall, the Big Picture now claims a distant 820p<\/b> is exerting a long term attraction!<\/p>\n
If things intend go wrong, below 688p looks a bit troublesome, capable of provoking reversal down to an initial 677p with our secondary, if broken, at 645p and visually, a point from which a rebound could easily be anticipated. If in such a zone, a Big Picture possibility of a bottom at 598p makes some sort of sense but absolutely nothing currently indicates such a cycle commencing.<\/p>\n
Hopefully Natwest share price movements prove more enjoyable than the horror of watching cows and sheep giving birth on Clarkson’s Farm, the camera not missing any details. The scenes certainly gave sufficient excuse to make coffee, pour drinks, or go out and check the robot mower was comfortable in its garage.<\/p>\n
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