Trends and Targets's blog

Trends and Targets for 7/03/2018

The POUND vs The EURO (FX:GBPEUR) Such is our bewilderment about Bitcoin, it inspired us to use Brit-Coin to describe another currency which makes little sense. The term "Bitcoin" is now used in-house to describe price movements designed to provoke utter confusion!

Trends and Targets for 6/03/2018

STERLING vs US DOLLAR (FX:GBPUSD) This particular odd couple continues to display some rather strange potentials. Last time we ran the numbers (link here) we'd proposed a target of 1.40 initially. This was achieved at the end of January, so we're justified in shaking the tea leaves again.

Trends and Targets for 5/03/2018

FTSE THIS WEEK (FTSE:UKX) Despite the FTSE not actually achieving our drop target on Friday of 7050 points, it came pretty close and, we suspect, simply ran out of time. Things are not looking great for London, given the index CLOSED the session lower than any point since 2016.

Trends and Targets for 2/03/2018

FTSE FOR FRIDAY (FTSE:UKX) The market has experienced a week, reminiscent of the weather here in Scotland. In a word, miserable! While the index itself 'only' managed break our immediate drop target by 3 points, we have concerns should the market now manage below 7153 points.

Trends and Targets for 1/03/2018

THE ROYAL BANK OF SCOTLAND (LSE:RBS) Unlike Barclays or LLoyds Bank, we find ourselves unable to draw a nice neat trend line from "the day it all went wrong". Essentially, in 2008, RBS needed a little manipulation to continue the forced reversals, so this spoiled the trend.

Trends and Targets for 28/02/2018

LLOYDS BANK (LSE:LLOY) There was a time when our GaGa rule (Gap Down, Gap Up) signified a fairly solid change in market intent, one which we could confident predict an outcome. In the case of Lloyds Bank, it played this game recently and thus, is heading up to 75 initially.

Trends and Targets for 27/02/2018

BARCLAYS BANK (LSE:BARC) There was possibly a moment, as the tide washed around King Canute, when his loyal subjects privately conceded they were wrong, their leader could not stop the tide. But probably, out of collective stubbornness, they let him get soaked anyway.

Trends and Targets for 26/02/2018

FTSE THIS WEEK (FTSE:UKX) Like the bad weather currently proposed by the usual doom-mongers, we remain suggesting 6,800 as a potential drop target for the FTSE. "The Beast from the East!" as the apparently incoming weather front is known, something normal folk refer to as winter...

Trends and Targets for 23/02/2018

FTSE FOR FRIDAY (FTSE:UKX) Before looking at near term FTSE, it's probably not a daft idea to stare meaningfully at BRENT CRUDE as the product has taken a "stupid pill". There were quite a few things indicating growth for a while but forces, political or market, seem to be legislating against presently.

Trends and Targets for 22/02/2018

Avanti Communications Group (LSE:AVN) This share is a bit of a puzzle. Once trading at nearly 8 quid, it's now messing around at the 10p level and frankly, by all big picture logic, the price should be in negative figures. When the last straw broke in 2016, we feared the worst!
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