#FTSE #GOLD Friday looks “interesting” in all the wrong ways. An inkling came from the Scottish Government and an Emergency Alert Text warning; we should expect a bit of a breeze on Friday from 10am through to 5pm and to be careful if wearing a kilt in public! In fact, the Met Office helpfully chimed in, pointing out we’re in a Red Zone and should anticipate winds of 90mph or higher. The clue to take things seriously came from a local weather forecast guy, a bloke with a legendary reputation for being right, usually converse to anything the Met Office says. Our local weather hero suggested, quite strongly, we should batten down the hatches in our bit of Argyll and tie cows to the nearest tree.
To be fair, both wheelie bins were deliberately kept empty since collection on Tuesday and for this storm, we’d a cunning plan which involved dumping a paving slab in each bin, after laying it flat on the ground. After doing so, it’s questionable whether we shall be able to get them upright ever again. And with a degree of the inevitable, our little tractor is also outside its shed currently, being serviced, both rear wheels removed while awaiting some parts. The tarpaulin over it was clearly going to vanish in any storm, so it was time to secure the covering with ropes. How successful this works out we shall know soon. One of our garden sheds disappearing into the trees in a storm last January, so we decided its replacement was going to stay put, moving 7 heavy concrete paving slabs inside to ensure it’s got a load of weight. The only remaining question is whether to let the cat out, then lock the cat flap in the hope it doesn’t come back!
Kidding aside, while we’re used to strong winds in Argyll, the level of panic from the grown ups is quite a concern. This evening, there has been a “drone” from distant massive diesel engines as a few boats take shelter on the loch outside, sea conditions in the Firth of Clyde often being quite notorious during storms. Hopefully we survive the weekend without needing swimming or flying lessons…
As for the FTSE, it also exhibits the potential for a massive surprise. We spent a few years moaning about the FTSE’s inability to break above the market level, pre-Pandemic. The rest of the world headed north while the UK markets continued to snuffle in a gutter, failing to glance upward. Eventually in April 2024, the index twitched quite firmly above Pre-Covid levels, enthusiastically leaping upward by a relatively small amount but now appears on the edge of making some proper movements.
From a near(ish) term perspective, above 8585 points risks triggering further recovery to an initial 8643 points with our secondary, if beaten, at an amazing 8759 points. If triggered, the tightest stop loss level looks like 8510 points which, while attractive, almost derails our mention of something truly important.
In this scenario, we can risk presenting a third level target which is difficult to ignore.
Should 8759 points be exceeded, the UK index enters a zone where it apparently has the ability to play catch-up with the likes of the Dax, Wall St, the S&P, gaining by a quite illogical amount. Our third level ambition above 8759 calculates at an amazing 10,020 points. Alas, we also suspect the UK shall require a political shake up of American proportions to introduce true confidence in business to a society which often feels its own government is at war with it.
Our inevitable converse scenario kicks in, should the index stumble below our stop loss level of 8510 points as this has to the potential to trigger reversals to an initial 8467 points with our secondary, if broken, at an eventual bottom of 8410 points along with a hopeful bounce.
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FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:29:41PM | BRENT | 7719.3 | 7700 | 7637 | 7877 | 7881 | 7961 | 7810 | ‘cess | ||
| 11:33:32PM | GOLD | 2754.05 | 2736 | 2728 | 2747 | 2762 | 2770 | 2749 | |||
| 11:36:46PM | FTSE | 8556 | 8530 | 8513 | 8554 | 8573 | 8589 | 8547 | |||
| 11:43:18PM | STOX50 | 5231.1 | 5197 | 5179 | 5214 | 5240 | 5246 | 5225 | |||
| 11:49:04PM | GERMANY | 21473 | 21225 | 21146 | 21332 | 21500 | Utterly | Success | |||
| 10:57:47PM | US500 | 6113.9 | 6067 | 6045 | 6084 | 6120 | 6127 | 6095 | ‘cess | ||
| 11:03:14PM | DOW | 44530.3 | 44038 | 43870 | 44230 | 44556 | 44685 | 44151 | ‘cess | ||
| 11:05:59PM | NASDAQ | 21872.3 | 21694 | 21599 | 21827 | 21945 | 22180 | 21735 | ‘cess | ||
| 11:08:22PM | JAPAN | 40033 | 39680 | 39539 | 39884 | 40107 | 40169 | 39888 | Success |
23/01/2025 FTSE Closed at 8565 points. Change of 0.23%. Total value traded through LSE was: £ 6,643,702,165 a change of 25.9%
22/01/2025 FTSE Closed at 8545 points. Change of -0.04%. Total value traded through LSE was: £ 5,277,040,750 a change of 4.97%
21/01/2025 FTSE Closed at 8548 points. Change of 0.33%. Total value traded through LSE was: £ 5,027,009,717 a change of 16.44%
20/01/2025 FTSE Closed at 8520 points. Change of 0.18%. Total value traded through LSE was: £ 4,317,400,042 a change of -38.76%
17/01/2025 FTSE Closed at 8505 points. Change of 1.36%. Total value traded through LSE was: £ 7,049,507,611 a change of 39.47%
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% 
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:HIK Hikma** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Hikma, IG Group, Intercontinental Hotels Group, Natwest, Rolls Royce, Standard Chartered, Zoo Digital,
LSE:HIK Hikma. Close Mid-Price: 2146 Percentage Change: + 0.75% Day High: 2152 Day Low: 2124
Target met. Further movement against Hikma ABOVE 2152 should improve acce ……..
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View Previous Hikma & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 1006 Percentage Change: -6.24% Day High: 1106 Day Low: 994.5
Target met. All IG Group needs are mid-price trades ABOVE 1106 to improve ……..
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View Previous IG Group & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 10625 Percentage Change: + 0.43% Day High: 10640 Day Low: 10520
Target met. Continued trades against IHG with a mid-price ABOVE 10640 sho ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 429.6 Percentage Change: + 2.85% Day High: 428.9 Day Low: 418.8
Target met. Continued trades against NWG with a mid-price ABOVE 428.9 sho ……..
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View Previous Natwest & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 611.6 Percentage Change: + 1.36% Day High: 610.8 Day Low: 598.4
All Rolls Royce needs are mid-price trades ABOVE 610.8 to improve acceler ……..
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View Previous Rolls Royce & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1083.5 Percentage Change: + 1.74% Day High: 1084 Day Low: 1065
Further movement against Standard Chartered ABOVE 1084 should improve acc ……..
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View Previous Standard Chartered & Big Picture ***
LSE:ZOO Zoo Digital Close Mid-Price: 31 Percentage Change: -4.62% Day High: 32.5 Day Low: 30.5
Weakness on Zoo Digital below 30.5 will invariably lead to 25 with our se ……..
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View Previous Zoo Digital & Big Picture ***