#FTSE #DJI It has been a difficult week for the markets. Between the Popes death, US trade tariffs, and it being a “short week” due to too much chocolate consumption last weekend, things have been a tad confusing. Personally, the chocolate thing has probably been the worst offender as despite my best efforts, our local petrol station was still stocking Easter Eggs on Wednesday. Of course, rather than discount them, the crafty sods pushed the price up, using a sign to remind customers limited stocks remained to buy Easter Eggs to replace ones eaten before being given. On Thursday, they’d none left.
This contrary move was strangely reminiscent of the stock market. Imagine a company ending a Financial Quarter and revealing an issue with unsold stock. Traders would logically assume a decline in the company share price was coming but, choosing Tesla as a case in point, despite a pretty foul set of headlines, their share price accelerated 5%. Perhaps the company anticipate future customers paying a premium for Tesla models, and eating them. More likely, it was a common sense approach, believing the USA does not intend cut itself off from the rest of the world as there’s no point in rebuilding a manufacturing industry, if there’s nowhere for products to go.
Tesla, with factories already in China, are doubtless better placed than Boeing who’re seeing cancelled ordered due to Chinese retaliatory import tariffs. It’s unlikely the US Government shall let such a state of affairs continue to harm one of their largest companies, especially as Boeing – for a while – seemed hell bent on destroying their own reputation.
As for the FTSE, between chocolate, a holiday weekend, tariffs, and a Pope dying, things have been complicated. The market has shown early signs of strength during the preceding three days of this week, now only needing move above 8468 points to hopefully trigger a strong surge to an initial 8700 points! While this sounds like a really big deal, the potential was planted on Wednesday morning with the forceful index price spike at the market open. We take this as a signal “they” have a cunning plan unfolding, one which might be fruitful to watch. If triggered, our stop loss is a bit hideous at 8360 points but on any Risk/Reward scenario, this is worthwhile as our secondary calculates at an absurd sounding 8887 points!
Of course, if it all goes wrong, you cannot head out and buy a chocolate Easter Egg for consolation, thanks to our local garage selling them all.
To dwell on a more miserable plain of existence, what happens if the FTSE crumbles below 8360 points?
In such a game, our initial target works out at 8197 with our secondary, if broken, at 8080 points and maybe even a solid bounce. It’s complicated buy visually, we shall not be aghast to witness some near term reversals, perhaps to bounce above 8197 points, before surprise recovery toward our upward target levels.
We are in “Interesting Times”. Have a good weekend, the last before the following weekend.
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
10:57:27PM | BRENT | 6556.8 | 6490 | 6388 | 6584 | 6631 | 6734 | 6517 | |||
11:00:12PM | GOLD | 3348.65 | 3307 | 3290 | 3332 | 3367 | 3390 | 3320 | ‘cess | ||
11:02:32PM | FTSE | 8438.9 | 8360 | 8331 | 8285 | 8394 | 8456 | 8477 | 8516 | 8430 | |
11:04:42PM | STOX50 | 5134.8 | 5042 | 4995 | 5084 | 5160 | 5174 | 5120 | |||
11:06:47PM | GERMANY | 22147.1 | 21722 | 21540 | 21921 | 22200 | 22253 | 22077 | ‘cess | ||
11:09:22PM | US500 | 5495.3 | 5327 | 5248 | 5376 | 5509 | 5518 | 5461 | ‘cess | ||
11:12:15PM | DOW | 40065 | 39778 | 39639 | 39443 | 39930 | 40229 | 40597 | 40994 | 40037 | |
11:14:56PM | NASDAQ | 19257 | 18620 | 18337 | 18766 | 19318 | 19463 | 19105 | ‘cess | ||
11:16:55PM | JAPAN | 35563 | 34997 | 34773 | 35160 | 35639 | 35727 | 35345 |
24/04/2025 FTSE Closed at 8407 points. Change of 0.05%. Total value traded through LSE was: £ 5,905,217,134 a change of -25.57%
23/04/2025 FTSE Closed at 8403 points. Change of 0.9%. Total value traded through LSE was: £ 7,934,111,998 a change of 10.99%
22/04/2025 FTSE Closed at 8328 points. Change of 0.64%. Total value traded through LSE was: £ 7,148,209,130 a change of 44.7%
17/04/2025 FTSE Closed at 8275 points. Change of 0%. Total value traded through LSE was: £ 4,939,870,003 a change of -16.08%
16/04/2025 FTSE Closed at 8275 points. Change of 0.32%. Total value traded through LSE was: £ 5,886,488,566 a change of -4.07%
15/04/2025 FTSE Closed at 8249 points. Change of -100%. Total value traded through LSE was: £ 6,136,208,877 a change of 0%
14/04/2025 FTSE Closed at 8134 points. Change of 0%. Total value traded through LSE was: £ 4,939,029,707 a change of 0% 
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:CAR Carclo** **LSE:CNA Centrica** **LSE:IAG British Airways** **LSE:PHP Primary Health** **LSE:SDY Speedyhire** **
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Updated charts published on : Carclo, Centrica, British Airways, Primary Health, Speedyhire,
LSE:CAR Carclo. Close Mid-Price: 27.6 Percentage Change: + 14.52% Day High: 28 Day Low: 23.6
This is on the edge of doing something useful as above 28 now calculates ……..
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View Previous Carclo & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 153.6 Percentage Change: + 0.07% Day High: 154.75 Day Low: 152.8
This has the potential for near term fireworks as above 155 now calculates ……..
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View Previous Centrica & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 261.5 Percentage Change: -1.06% Day High: 265 Day Low: 257
Optimism and airlines rarely share a sentence but above 268 now looks capa ……..
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View Previous British Airways & Big Picture ***
LSE:PHP Primary Health. Close Mid-Price: 100 Percentage Change: + 0.05% Day High: 100.9 Day Low: 97.2
This could become mildly interesting as above 101 now indicates movement t ……..
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View Previous Primary Health & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 19.04 Percentage Change: -3.35% Day High: 19.62 Day Low: 18.34
In the event Speedyhire experiences weakness below 18.30 it calculates wi ……..
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View Previous Speedyhire & Big Picture ***