#FTSE #Gold The first half of this years Grand Prix season finished with a good race from Hungary, completed with a fascinating couple of final laps from the two McLarens while viewers waited with a reasonable expectation of the team members hitting each other. Alas, it wasn’t to be, McLaren scoring a convincing 1st and 2nd while confirming Formula1 isn’t what it used to be as, in a fair world, the two drivers would have collided on the final lap, failing to finish. And this brings us to Barclays!
The bank has survived a stonking acceleration from the low of 223p earlier this year and WAS looking strong in a race to our previous upper target at 395p. Unfortunately, on the final lap, the highest the share price achieved was 376p and now appears to be convincing itself of a need to exhibit some price reversals. Perhaps this shall prove to be an August thing, a very real instance of the market placing shares in “march on the spot” mode while everyone takes a holiday at Butlins.
While sounding ridiculous there’s certainly a problem with what occurred with Barclays share price at the start of August. By closing below a “Closing Price” uptrend, there’s a real risk a “lower low” mindset shall insert itself in share price behaviour for the relatively near term, creating a situation where now below 352 risks triggering a downhill cycle to an initial 334p. Our secondary, should such a level break, calculates down at 320p and an almost certain rebound. It is worthwhile noting this share price needs close below 330p to actually cause any real panic. Until such a point, we tend regard any near term movements as just that, movements.
However, when we paint a Closing Price trend on the chart, Barclays had to close on the 1st August above roughly 358.789p. It didn’t, it closed at 356.65p, slightly below the trend. From our perspective, this was ringing a pretty big bell for trouble ahead. It’s fairly crucial we admit this share price only needs close above 359p to undo our previously given gloomy predictions.
Share price closure above 359p now has the potential of triggering movement to 403p. In the event such an ambition is exceeded, we cal calculate a future 502p as now making a reasonable Big Picture target level.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 10:52:10PM | BRENT | 6915.8 | 7001 | 6863 | 6725 | 6988 | 6992 | 7016 | 7061 | 6931 |
| 10:54:39PM | GOLD | 3359.26 | 3284 | 3268 | 3236 | 3310 | 3364 | 3380 | 3396 | 3344 |
| 10:56:30PM | FTSE | 9100.6 | 9026 | 9002 | 8939 | 9092 | 9128 | 9170 | 9218 | 9084 |
| 10:58:35PM | STOX50 | 5177.1 | 5150 | 5111 | 4992 | 5220 | 5319 | 5396 | 5478 | 5275 |
| 11:01:24PM | GERMANY | 23459.4 | 23370 | 22871 | 22280 | 23532 | 24024 | 24234 | 24522 | 23824 |
| 11:06:54PM | US500 | 6244.5 | 6225 | 6210 | 6134 | 6270 | 6300 | 6323 | 6361 | 6265 |
| 11:12:13PM | DOW | 43625 | 43433 | 43283 | 42672 | 43728 | 44165 | 44521 | 44918 | 44004 |
| 11:14:34PM | NASDAQ | 22818.5 | 22667 | 22628 | 22267 | 22823 | 23332 | 23466 | 23733 | 23100 |
| 11:18:29PM | JAPAN | 40040 | 39850 | 39806 | 39382 | 40054 | 40132 | 40291 | 40480 | 39950 |
1/08/2025 FTSE Closed at 9068 points. Change of -0.7%. Total value traded through LSE was: £ 5,507,518,764 a change of -29.16%
31/07/2025 FTSE Closed at 9132 points. Change of -0.04%. Total value traded through LSE was: £ 7,774,577,039 a change of 48.3%
30/07/2025 FTSE Closed at 9136 points. Change of 0%. Total value traded through LSE was: £ 5,242,351,161 a change of -7.33%
29/07/2025 FTSE Closed at 9136 points. Change of 0.61%. Total value traded through LSE was: £ 5,656,845,157 a change of 28.68%
28/07/2025 FTSE Closed at 9081 points. Change of -0.43%. Total value traded through LSE was: £ 4,395,992,123 a change of -22.42%
25/07/2025 FTSE Closed at 9120 points. Change of -0.2%. Total value traded through LSE was: £ 5,666,736,165 a change of 2.7%
24/07/2025 FTSE Closed at 9138 points. Change of 0.85%. Total value traded through LSE was: £ 5,517,760,836 a change of 0.27% 
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:BBY BALFOUR BEATTY** **LSE:BME B & M** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:TLW Tullow** **
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Updated charts published on : BALFOUR BEATTY, B & M, British Airways, Intertek, Tullow,
LSE:BBY BALFOUR BEATTY Close Mid-Price: 542 Percentage Change: -0.18% Day High: 547 Day Low: 540
Continued trades against BBY with a mid-price ABOVE 547 should improve th ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BME B & M Close Mid-Price: 219.3 Percentage Change: -2.27% Day High: 224.4 Day Low: 218
If B & M experiences continued weakness below 218, it will invariably lea ……..
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View Previous B & M & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 374.1 Percentage Change: -1.68% Day High: 393.2 Day Low: 368.2
Target met. In the event of British Airways enjoying further trades beyo ……..
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View Previous British Airways & Big Picture ***
LSE:ITRK Intertek Close Mid-Price: 4610 Percentage Change: -6.68% Day High: 4670 Day Low: 4520
Target met. Continued weakness against ITRK taking the price below 4520 c ……..
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View Previous Intertek & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 14.18 Percentage Change: -0.84% Day High: 14.62 Day Low: 13.96
If Tullow experiences continued weakness below 13.96, it will invariably ……..
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View Previous Tullow & Big Picture ***