Our world famous FTSE for Friday (FTSE:UKX)

#FTSE #GOLD The FTSE is currently exhibiting a “teachable” moment, one worth paying attention to regardless of whether you’re looking forward to the Italian Grand Prix, along with an almost inevitable result which traditionally will exclude Ferrari but include quite a few unhappy Italians. To be honest, personally the Monza circuit is one of my favourites, due to being around it a few times on motorcycles. My wife finds it hilarious watching, when the Monza race takes place, as my muscle memory kicks in, my body moving like a puppy’s legs when its enjoying a good dream. This from the lady who once passed me twice on a single lap of another track!

As for the “teachable moment”, one of our tenets of faith relates to the level at which a price, index value, or whatever, breaks an uptrend (or a downtrend). Obviously, similar to absolutely everything relating to the stock markets, this theory will never be 100% reliable but experience shows it’s right most of the time. There are a couple of rules;

1.    If a price exceeds the level of an uptrend break, it becomes exceedingly likely the trend break was “fake” and gains can be expected. In the case of the Blue circled area on the chart at the start of August, the uptrend broke at 9132 points. Within a couple of sessions, the market exceeded the trend break level, eventually achieving the recent high of 9357 points. This also proved the convincing looking green uptrend was utterly fake!

2.    There’s another situation which occurs, when a price breaks below an uptrend then regains the trend shortly thereafter. This is a Big Deal, usually suggesting some strong movement should be anticipated.

 

The recent break of the Red uptrend at 9238 points, theoretically dumped the FTSE into a zone where we should anticipate weakness to 9027 points with our secondary, if broken, a probable bottom at 8919 points. Our inclination is not to take this terribly seriously just yet, unless of course the FTSE stumbles below the recent low of 9108 points.

More likely, it feels like index gains should be possible in the near term, movement above 9234 points allegedly capable of triggering a visit to an initial 9281 points. Our longer term secondary calculates at 9339 points but from our perspective, the attraction shall occur if the index manages to close a session above 9238 points. This should open the doors for a cycle to commence to above 9700 points.

Have a good weekend. The markets are poised to probably be more interesting than the race from Monza.

 

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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
10:07:12PM BRENT 6671.3 6625 6596 6690 6729 6769 6670 Success
10:23:10PM GOLD 3545.63 3511 3504 3546 3564 3586 3535 ‘cess
10:25:22PM FTSE 9231.6 9154 9135 9199 9233 9257 9207 Success
10:29:27PM STOX50 5357.8 5309 5295 5333 5360 5371 5341
10:32:42PM GERMANY 23821.2 23566 23501 23725 23841 23941 23756 ‘cess
10:35:29PM US500 6502.1 6446 6428 6464 6505 6511 6482 Success
10:46:38PM DOW 45621.7 45169 45043 45318 45640 45800 45480 Success
10:54:23PM NASDAQ 23643.4 23368 23284 23508 23668 23745 23575 ‘cess
10:56:46PM JAPAN 42907 42486 42308 42662 42926 42975 42764 Success

 

4/09/2025 FTSE Closed at 9216 points. Change of 0.42%. Total value traded through LSE was: £ 4,536,344,047 a change of -21.07%
3/09/2025 FTSE Closed at 9177 points. Change of 0.67%. Total value traded through LSE was: £ 5,747,395,783 a change of -1.83%
2/09/2025 FTSE Closed at 9116 points. Change of -0.87%. Total value traded through LSE was: £ 5,854,446,717 a change of 77.93%
1/09/2025 FTSE Closed at 9196 points. Change of 0.1%. Total value traded through LSE was: £ 3,290,341,623 a change of -43.81%
29/08/2025 FTSE Closed at 9187 points. Change of -0.31%. Total value traded through LSE was: £ 5,855,483,777 a change of 30.98%
28/08/2025 FTSE Closed at 9216 points. Change of -0.42%. Total value traded through LSE was: £ 4,470,443,849 a change of -4.77%
27/08/2025 FTSE Closed at 9255 points. Change of -100%. Total value traded through LSE was: £ 4,694,536,884 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:AZN Astrazeneca** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:FRES Fresnillo** **LSE:TSCO Tesco** **

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Updated charts published on : Astrazeneca, BALFOUR BEATTY, Block Energy PLC, Carclo, Fresnillo, Tesco,


LSE:AZN Astrazeneca Close Mid-Price: 12188 Percentage Change: -0.18% Day High: 12256 Day Low: 12132

Continued trades against AZN with a mid-price ABOVE 12256 should improve ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 605.5 Percentage Change: + 2.02% Day High: 606 Day Low: 592

Further movement against BALFOUR BEATTY ABOVE 606 should improve accelera ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 1.02 Percentage Change: + 20.59% Day High: 1.23 Day Low: 0.92

Target met. In the event of Block Energy PLC enjoying further trades beyo ……..

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LSE:CAR Carclo. Close Mid-Price: 59.9 Percentage Change: + 2.22% Day High: 60 Day Low: 58.2

In the event of Carclo enjoying further trades beyond 60, the share shoul ……..

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View Previous Carclo & Big Picture ***


LSE:FRES Fresnillo. Close Mid-Price: 2090 Percentage Change: + 0.77% Day High: 2108 Day Low: 2034

Target met. All Fresnillo needs are mid-price trades ABOVE 2108 to improv ……..

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View Previous Fresnillo & Big Picture ***


LSE:TSCO Tesco. Close Mid-Price: 438.8 Percentage Change: + 1.79% Day High: 440.3 Day Low: 430.7

Target met. Further movement against Tesco ABOVE 440.3 should improve acc ……..

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View Previous Tesco & Big Picture ***


*** End of “Updated Today” comments on shares.

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