As we head into a weekend filled with promise, it’s only right the FTSE is showing increasing signs of being about to do something useful. With the Imola Grand Prix on Sunday, conflicting with an invite to a posh Garden Party, and also a drunken Eurovision on Saturday evening, we’re spoiled for choice. Amusingly, chatting (aka boasting) to my brother about the Garden Party, he decided to mention in passing he’s considering an invite from The King to attend a similar type of event! No matter what or when, he has always managed to go one better… usually without trying. On this occasion, it’s not quite as clear cut, my brother knowing the only time I would respect the King would be the day he was driving the fortnightly rubbish lorry, finally doing something useful for the country.
Unfortunately, our childhood was marred by stories from our mother and her sisters, reminiscing of the days when the Queen Mother used to babysit them in Kirriemuir, the girl happy to cycle up the hill from Glamis Castle to escape her royal life at every opportunity to “babysit”. Interestingly, innocent tales of our Mum’s childhood substantially diminished any respect for royalty, describing a family which would take any excuse to escape from their life. Our own family wasn’t much better, giving “Thrums” to the national trust, almost as if keen to escape any relationship to Barrie, the Peter Pan author. To be honest, the “Window in Thrums” wasn’t very exciting as sitting on the stairs, looking out the window at the chaotic junction on Kirriemuir high street was generally pretty boring, unless a motorcycle attempted to take the hard left turn on the cobbles. From a personal perspective, time spent in that claustrophobic house as a child, generally favoured the bedroom at the top of the stairs, where a book could be read in peace. And awaiting my grandmother making her ‘tablet’ – a Scottish type of fudge but better – always made the visit worthwhile as it was generally used to tempt me out of the bedroom and away from whatever book was being devoured.
As for the FTSE, if we choose to reminisce about the future, some optimism is the order of the day. Apparently, above just 8635 points risks promoting the concept of a FTSE gain to an initial tame 8656 points, a fairly tepid ambition but the sort of thing possible in the market opening second. Our secondary, should 8656 be exceeded, works out at 8700 points and the prospect of a garden party with added fireworks. All kidding around, such a secondary would be significant, dumping the index into a sone where a future 8656 becomes regarded as exerting magnetic attraction.
Our eonverse scenario, if things intend go wrong, proposes weakness now below 8500 points risking trouble, suggesting the potential of a dive down to an initial 8347 points, perhaps ever our secondary at 8178 if the initial target breaks. Visually, nothing suggests any such potential.
But then again, nothing suggests Louis Hamilton will win at Imola or “Remember Monday” will win Eurovision. Or even if I shall get to play “Garden Party” by Rick Nelson at the garden party, a tune when he hated the memory of his old days as Ricky Nelson, playing at Madison Square Garden in New York. Amazingly, I’ve a personal anecdote of playing guitar with someone really famous, completely unbelievable as I was really drunk at the time. Except a couple of days ago, a photograph surfaced of me, my 12 string guitar, and the really famous person, performing at 4am on New Years Day in our local pub. It was a bit like performing with the Rolling Stones, only with Keith Richard furiously hissing chord changes after each verse. My wife describes it as the only time she’s seen someone play “The Clarinet Bit” on an acoustic guitar.
Have a good weekend.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:04:38PM | BRENT | 6446.8 | 6323 | 6209 | 6418 | 6470 | 6509 | 6422 | |||
| 11:08:02PM | GOLD | 3241.48 | 3165 | 3117 | 3195 | 3244 | 3289 | 3206 | ‘cess | ||
| 11:10:35PM | FTSE | 8640.7 | 8534 | 8489 | 8572 | 8651 | 8672 | 8612 | ‘cess | ||
| 11:12:56PM | STOX50 | 5415.9 | 5360 | 5338 | 5390 | 5420 | 5441 | 5385 | |||
| 11:15:55PM | GERMANY | 23718 | 23330 | 23103 | 23492 | 23734 | 23828 | 23633 | Shambles | ||
| 11:19:48PM | US500 | 5916.9 | 5845 | 5813 | 5882 | 5923 | 5929 | 5898 | Success | ||
| 11:22:38PM | DOW | 42338.7 | 41757 | 41652 | 41919 | 42368 | 42414 | 42195 | Success | ||
| 11:25:06PM | NASDAQ | 21311 | 21109 | 20971 | 21255 | 21446 | 21490 | 21287 | Shambles | ||
| 11:27:39PM | JAPAN | 37755 | 37571 | 37114 | 37746 | 37844 | 37939 | 37691 |
15/05/2025 FTSE Closed at 8633 points. Change of 0.56%. Total value traded through LSE was: £ 6,571,274,924 a change of 9.38%
14/05/2025 FTSE Closed at 8585 points. Change of -0.2%. Total value traded through LSE was: £ 6,007,730,039 a change of 12.14%
13/05/2025 FTSE Closed at 8602 points. Change of -0.02%. Total value traded through LSE was: £ 5,357,315,867 a change of -14.15%
12/05/2025 FTSE Closed at 8604 points. Change of 0.58%. Total value traded through LSE was: £ 6,240,262,967 a change of 23.36%
9/05/2025 FTSE Closed at 8554 points. Change of 0.27%. Total value traded through LSE was: £ 5,058,383,075 a change of -23.7%
8/05/2025 FTSE Closed at 8531 points. Change of -0.33%. Total value traded through LSE was: £ 6,629,623,125 a change of 7.19%
7/05/2025 FTSE Closed at 8559 points. Change of -100%. Total value traded through LSE was: £ 6,184,880,879 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:BARC Barclays** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:SRP Serco** **
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Updated charts published on : Barclays, British Airways, Lloyds Grp., Natwest, Serco,
LSE:BARC Barclays. Close Mid-Price: 322.3 Percentage Change: + 0.62% Day High: 324.55 Day Low: 319.1
Continued trades against BARC with a mid-price ABOVE 324.55 should improv ……..
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View Previous Barclays & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 321.1 Percentage Change: + 1.52% Day High: 326.1 Day Low: 315.6
Further movement against British Airways ABOVE 326.1 should improve acce ……..
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View Previous British Airways & Big Picture ***
LSE:LLOY Lloyds Grp. Close Mid-Price: 74.78 Percentage Change: -0.21% Day High: 75.04 Day Low: 74.32
Target met. Continued trades against LLOY with a mid-price ABOVE 75.04 sh ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 498.1 Percentage Change: + 1.03% Day High: 500.8 Day Low: 492
In the event of Natwest enjoying further trades beyond 500.8, the share s ……..
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View Previous Natwest & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 180.4 Percentage Change: + 3.09% Day High: 188.1 Day Low: 175
Target met. Further movement against Serco ABOVE 188.1 should improve acc ……..
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View Previous Serco & Big Picture ***