#FTSE #GOLD_Futures On Thursday, a couple of important somethings happened. Firstly, the FTSE managed to close the session higher than any point since May 2024. More importantly, secondly we managed to have a guy turn up and finish building our #2 garden shed. This particular shed has been an issue, family volunteers arriving to help build it only to be challenged by the weather and my own efforts cancelled out by the impossibility of fitting the roof on my own, when we actually have decent weather. It’s been literally a year to the day since our #2 shed spontaneously decided to disassemble, when hit by a strong wind. The shed contents, including two large boxes of Xmas ornaments followed the share into the trees, the sight which awaited giving a classic “laugh or cry” moment the next morning.
We’d laid foundations for the new shed, then been frustrated at every attempt to build its replacement in a “safer” location. A local guy, doing some concrete work on our driveway, mentioned in passing he’d built around 20 of these sheds. To cement his argument, he boasted it would take around 150 minutes to assemble. We shook hands on a price, he arrived at 9am on Thursday and at 11.30am, announced he was finished and had another job to go to. After a year, we could finally get “stuff” out from under tarpaulins, down from the attic, and no longer have to move the damned Xmas tree bag every time a visitor expected to use the guest bedroom… Such was the excitement, it was easy to lose the ability to be impressed by anything the FTSE did.
As mentioned recently, we’ve long had a suspicion the UK market shall behave fairly flamboyantly once Mr Trumps coronation takes place on Monday. We didn’t enjoy watching the ridiculous effort to finally attain last Fridays target of 8293 points, the rise fading at the closing level of 8392 points. But with the index managing to close a session at a “higher high” and above the immediate downtrend, it would be churlish not to hope for some continued growth. Unfortunately, market futures with a high of 8432 tend suggest Friday will be a day, where any initial gains shall be swallowed by worldwide anguish at Mr Biden leaving the White House, signalling the end of what has been apparently the most corrupt presidency ever. Allegedly, dismantling an established “fee” system to speak to The President privately has thrown the Washington hierarchy into a tantrum, his wife and son apparently being the main beneficiary of .the “cash for access” system. Thankfully, nothing like this could happen in the UK, aside from the unpleasant detail there are claims his wife & son were inspired by the UK model, taking it to new levels.
Cutt6ing to the core issue, UK market futures achieved inspiring heights during the night, making us suspect the FTSE shall be spiked upwards at the market open, only to lose these gains as the day progresses. Our only consolation comes if the FTSE is spiked above 8425 as this should make a day of gains difficult to avoid. In theory, such a triggering movement calculates with the potential of ongoing traffic to an initial 8461 points with our secondary, if bettered, an eventual 8569 points. If triggered, the tightest stop is ridiculous at 8350 points!
Our alternate scenario questions the potentials, should the FTSE meander below 8344 points. This threatens reversals to an initial 8323 points with secondary, if bettered, at 8304 along with a hopeful bounce.
Have a good weekend. Here in Argyll, we’re being threatened by Spring weather, the climate usually following such an occasion with something extreme involving wind, cold, rain, and probably axes.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:03:37PM | BRENT | 8074.3 | 7998 | 7950 | 8107 | 8204 | 8238 | 8056 | ‘cess | ||
| 11:48:51PM | GOLD | 2713.67 | 2690 | 2678 | 2703 | 2725 | 2745 | 2700 | Success | ||
| 11:24:37PM | FTSE | 8416.2 | 8346 | 8314 | 8386 | 8428 | 8441 | 8394 | Success | ||
| 11:27:41PM | STOX50 | 5098.9 | 5026 | 5018 | 5054 | 5109 | 5119 | 5072 | Success | ||
| 11:45:36PM | GERMANY | 20636.8 | 20575 | 20524 | 20670 | 20713 | 20808 | 20583 | ‘cess | ||
| 11:48:31PM | US500 | 5936.3 | 5916 | 5891 | 5954 | 5977 | 6009 | 5943 | ‘cess | ||
| 11:52:09PM | DOW | 43132.5 | 43046 | 42966 | 43240 | 43338 | 43477 | 43161 | |||
| 11:57:06PM | NASDAQ | 21077.9 | 21017 | 20952 | 21235 | 21405 | 21469 | 21200 | ‘cess | ||
| 12:00:07AM | JAPAN | 38096 | 38093 | 37981 | 38370 | 38520 | 38656 | 38330 | Success |
16/01/2025 FTSE Closed at 8391 points. Change of 1.08%. Total value traded through LSE was: £ 5,054,366,255 a change of -17.27%
15/01/2025 FTSE Closed at 8301 points. Change of 1.22%. Total value traded through LSE was: £ 6,109,137,300 a change of -9.61%
14/01/2025 FTSE Closed at 8201 points. Change of -0.28%. Total value traded through LSE was: £ 6,758,270,581 a change of 5.88%
13/01/2025 FTSE Closed at 8224 points. Change of -0.3%. Total value traded through LSE was: £ 6,383,033,146 a change of 23.46%
10/01/2025 FTSE Closed at 8249 points. Change of -0.84%. Total value traded through LSE was: £ 5,170,108,064 a change of -6.19%
9/01/2025 FTSE Closed at 8319 points. Change of 11.63%. Total value traded through LSE was: £ 5,511,068,613 a change of -13.81%
8/01/2025 FTSE Closed at 7452 points. Change of -9.62%. Total value traded through LSE was: £ 6,394,228,390 a change of 16.2% 
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:BARC Barclays** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **
********
Updated charts published on : Aviva, Barclays, Gulf Keystone, Hikma, HSBC, British Airways, IG Group, Rockhopper, Scottish Mortgage Investment Trust, Standard Chartered,
LSE:AV. Aviva. Close Mid-Price: 491.7 Percentage Change: + 1.21% Day High: 492 Day Low: 484.5
Further movement against Aviva ABOVE 492 should improve acceleration towa ……..
</p
View Previous Aviva & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 282.7 Percentage Change: + 0.62% Day High: 285.6 Day Low: 281.25
Continued trades against BARC with a mid-price ABOVE 285.6 should improve ……..
</p
View Previous Barclays & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 170.6 Percentage Change: + 2.59% Day High: 170.9 Day Low: 166.4
Target met. Further movement against Gulf Keystone ABOVE 170.9 should imp ……..
</p
View Previous Gulf Keystone & Big Picture ***
LSE:HIK Hikma. Close Mid-Price: 2072 Percentage Change: + 2.17% Day High: 2082 Day Low: 2030
In the event of Hikma enjoying further trades beyond 2082, the share shou ……..
</p
View Previous Hikma & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 817.8 Percentage Change: + 1.67% Day High: 822.3 Day Low: 810.8
Target met. In the event of HSBC enjoying further trades beyond 822.3, th ……..
</p
View Previous HSBC & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 312.6 Percentage Change: -1.39% Day High: 320 Day Low: 311.8
All British Airways needs are mid-price trades ABOVE 320 to improve acce ……..
</p
View Previous British Airways & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 1046 Percentage Change: + 2.25% Day High: 1049 Day Low: 1018
Target met. Further movement against IG Group ABOVE 1049 should improve a ……..
</p
View Previous IG Group & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 38.2 Percentage Change: + 14.03% Day High: 38.9 Day Low: 33.5
Target met. Continued trades against RKH with a mid-price ABOVE 39p shoul ……..
</p
View Previous Rockhopper & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1021 Percentage Change: + 0.84% Day High: 1026.5 Day Low: 1016
Target met. Further movement against Scottish Mortgage Investment Trust A ……..
</p
View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1067 Percentage Change: + 0.99% Day High: 1075 Day Low: 1059.5
All Standard Chartered needs are mid-price trades ABOVE 1075 to improve a ……..
</p
View Previous Standard Chartered & Big Picture ***