FTSE for FRIDAY 3/04/2020

#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.

Hey, chart goes here

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%

 

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