Trends and Targets for 6/04/2018

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FTSE FOR FRIDAY (FTSE:UKX) We started this week with a commentary which suggested caution if believing the doomsayers who've been suggesting the index is in trouble. Our analysis revealed 7217 points was probably going to prove important. The FTSE still has not bettered this but...

By some miracle, the index appears to be regaining the post Brexit vote uptrend. While optimism risks being crushed by a set of dodgy US Payroll numbers, the US influence on European markets - certainly from a Payrolls perspective - appears to be waning. Though we could not help but wonder at the tentative moves on the US Futures during Thursday evening, suspecting some nerves may be present. However, FTSE Futures briefly bettered our 7217 trigger, so perhaps hope is in order.

The immediate situation for the FTSE signals movement above 7217 should now generate near term growth to a useless 7235 points. If bettered, secondary computes at 7355 points. As always, we'd a tad cautious with the secondary for Friday due to;

a.    Expecting another stonking up day on the back of a 160 point Thursday is unlikely.

b.    US Payrolls could spoil things

c.    There is the immediate 2018 downtrend at 7260 - BLUE on the chart.

Before we'd take any near term reversal seriously, the index needs below 7071 points as this looks capable of generating 7031 points. If broken, secondary calculates at 6871.  In the event of such a movement triggering, stop can probably be at 7156 points.

Chart goes here

FUTURES

 


Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior

10:32:18PM BRENT 68.44                 'cess
10:34:03PM GOLD 1327.04                 'cess
10:36:12PM FTSE 7208                 Success

10:39:36PM FRANCE 5268.2                 Success

10:41:40PM GERMANY 12290 12062 11976.5 11861 12168 12326 12400.5 12633 12062 Success

10:44:06PM US500 2662.5 2639 2628.5 2614 2659 2673 2681 2724 2639 'cess

10:46:32PM DOW 24511                 'cess

10:48:15PM NASDAQ 6594.08                

10:50:22PM JAPAN 21846                 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 [email protected] 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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BP. BP PLC** **LSE:DGE Diageo** **LSE:FGP Firstgroup** **LSE:KAZ Kaz Minerals** **LSE:NG. National Glug** **LSE:OXIG Oxford Instruments** **LSE:RTHM Rythm One** **LSE:SHP Shire** **LSE:TLW Tullow** **LSE:VOD Vodafone** **

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Updated charts published on : Aviva, BP PLC, Diageo, Firstgroup, Kaz Minerals, National Glug, Oxford Instruments, Rythm One, Shire, Tullow, Vodafone,


LSE:AV. Aviva Close Mid-Price: 487.7 Percentage Change: -2.93% Day High: 493.9 Day Low: 485

2018=55

Below 485 should bring weakness to 480 initially with secondary a hopeful ........

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View Previous Aviva & Big Picture ***


LSE:BP.LSE:BP. BP PLC. Close Mid-Price: 499.8 Percentage Change: + 3.74% Day High: 499.2 Day Low: 486.9

2018=28

Target Met. It was interesting the price was manipulated upward over the p ........

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View Previous BP PLC & Big Picture ***


LSE:DGELSE:DGE Diageo. Close Mid-Price: 2495 Percentage Change: + 2.67% Day High: 2495 Day Low: 2448

2018=55

Target Met. This has changed direction, again giving hope as movement now ........

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View Previous Diageo & Big Picture ***


LSE:FGPLSE:FGP Firstgroup. Close Mid-Price: 89.9 Percentage Change: + 2.98% Day High: 90 Day Low: 87.45

2018=28

This is still looking slightly interesting as above 90 indicates some pote ........

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View Previous Firstgroup & Big Picture ***


LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 877 Percentage Change: + 4.36% Day High: 883.6 Day Low: 854.6

2018=7

Target Met. Movement now above 884p indicates near term growth ^up to 918 ........

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View Previous Kaz Minerals & Big Picture ***


LSE:NG.LSE:NG. National Glug. Close Mid-Price: 824.1 Percentage Change: + 2.65% Day High: 823.2 Day Low: 804.9

2018=14

Now above 824 remains with the suggestion of 852 next with secondary, if b ........

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View Previous National Glug & Big Picture ***


LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 764 Percentage Change: + 1.60% Day High: 777 Day Low: 750

2018=14

Above 777 remains pointing at movement toward 798 with secondary, if bette ........

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View Previous Oxford Instruments & Big Picture ***


LSE:RTHM Rythm One Close Mid-Price: 159 Percentage Change: -3.05% Day High: 169 Day Low: 158

2018=9

Below 158 still indicates 145 initially with secondary still at a "must bo ........

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View Previous Rythm One & Big Picture ***


LSE:SHPLSE:SHP Shire. Close Mid-Price: 3707 Percentage Change: + 2.97% Day High: 3820 Day Low: 3661.5

2018=18

Target Met. Something seems to be brewing as above 3820 indicates the pote ........

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View Previous Shire & Big Picture ***


LSE:TLWLSE:TLW Tullow. Close Mid-Price: 204.5 Percentage Change: + 5.88% Day High: 205.4 Day Low: 196.8

2018=11

Target Met. Now above 206p and we still suspect 212 shall make an appearan ........

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View Previous Tullow & Big Picture ***


LSE:VODLSE:VOD Vodafone. Close Mid-Price: 203.65 Percentage Change: + 3.26% Day High: 203.9 Day Low: 199.12

2018=18

Now above 204 and it appears 212 awaits with secondary 223p. Probably will ........

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View Previous Vodafone & Big Picture ***


*** End of "Updated Today" comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

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Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

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