#FTSE #DAX #GOLD Sorry we skipped a day. Database issues… News of US Jobless claims once again doubling to yet another all time record was greeted by Wall St reeling in shock, achieving a 2.2% gain. We’d warned about this “risk” and were amused, seeing the US close the session at 21,393 points. Our target; 21,395 points! This time round, we doubt if the employment gain shall follow through, thanks to the US’s Monthly Payroll figures being released tomorrow, the first Friday of April.
Despite the market making a considerable effort to close the session in safe territory, any travel below 21,116 points is liable to prove traumatic, giving the potential of a fall to 21,600 with secondary 20,320 points!
As for the FTSE for FRIDAY, the UK market is showing some quite strange potentials. Now above 5,553 points and further recovery toward an initial 5,604 points calculates as possible. If exceeded, our secondary works out at 5,625 points. Unfortunately, the index closed the session at 5,480 and doesn’t require much in the way of trouble to provoke some reversals.
Now below 5,450 risks proving an issue, computing at an initial 5,391 with secondary, if broken, down at 5,325 points.
Have a good weekend, stay well, and remember the foregoing applies to the markets, not after hours futures.
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
10:50:12PM |
BRENT |
29.92 |
26.8 |
24.175 |
27.95 |
31.05 |
34.515 |
29.16 |
Success |
||
10:53:22PM |
GOLD |
1615 |
1582 |
1567 |
1598 |
1620 |
1634 |
1584 |
Success |
||
10:55:09PM |
FTSE |
5496 |
5397 |
5346.5 |
5473 |
5561 |
5587.5 |
5447 |
Success |
||
11:03:03PM |
FRANCE |
4230.5 |
4150 |
4122 |
4213 |
4265 |
4288.5 |
4193 |
|||
11:05:11PM |
GERMANY |
9602 |
9336 |
9116 |
9501 |
9657 |
9732 |
9500 |
‘cess |
||
11:09:47PM |
US500 |
2525 |
2436 |
2420 |
2510 |
2540 |
2553 |
2468 |
‘cess |
||
11:12:37PM |
DOW |
21421 |
21000 |
20692.5 |
21290 |
21495 |
21672.5 |
21130 |
‘cess |
||
11:15:58PM |
NASDAQ |
7650.99 |
7424 |
7366.5 |
7535 |
7673 |
7691.5 |
7577 |
‘cess |
||
11:18:29PM |
JAPAN |
18063 |
17750 |
17696 |
17936 |
18119 |
18159.5 |
17833 |
Shambles |
2/04/2020 FTSE Closed at 5480 points. Change of 0.48%. Total value traded through LSE was: £ 6,647,447,638 a change of -4.67%
1/04/2020 FTSE Closed at 5454 points. Change of -3.83%. Total value traded through LSE was: £ 6,973,403,008 a change of -12.8%
31/03/2020 FTSE Closed at 5671 points. Change of -1.6%. Total value traded through LSE was: £ 7,996,950,957 a change of 37.36%
30/03/2020 FTSE Closed at 5763 points. Change of 4.59%. Total value traded through LSE was: £ 5,821,744,739 a change of -29.22%
27/03/2020 FTSE Closed at 5510 points. Change of -5.25%. Total value traded through LSE was: £ 8,225,273,197 a change of 4.62%
26/03/2020 FTSE Closed at 5815 points. Change of 2.23%. Total value traded through LSE was: £ 7,862,267,552 a change of -16.24%
25/03/2020 FTSE Closed at 5688 points. Change of 4.44%. Total value traded through LSE was: £ 9,386,988,784 a change of 9.28%