#FTSE #DOW Usually, we’d be doing mental handstands, the period between Xmas and the Easter market break usually dragging on for years. This time, we were taken completely unawares by Easter, utterly surprised at the market closing on Friday and Monday. Where did that come from? Hopefully, we’re not the only folk aghast at the sudden appearance of a ‘holiday’. For us, the penny finally dropped once the US closed on Thursday.
Of course, we can’t actually do anything for the ‘holiday’. The demon grand-daughters cannot visit but equally, we can’t pack the dogs into the car and grab a ferry to an island with a decent beach and BBQ potentials. Absolutely nothing shall differentiate this weekend from every other recently except, perhaps, the weather.
On the other hand, the FTSE managed to close for the long weekend in a region which apparently permits some optimism. You’re going to need sit down for the next bit.
Our software claims movement now above 5,845 allows market travel to an initial 6,266 points. If exceeded, the secondary calculation is now at 6,499 points and beyond. Sharp-eyed readers will notice we’ve credited this potential entirely to ‘our software’, thanks to a decision to employ social distancing from the computer.
It will be worth remembering, come the market re-opening on Tuesday, all the bean counters who count death shall return to work. There’s the risk the media will joyfully find some truly dreadful numbers to gloat over, somehow managing to consign the fact it’s 4 days of misery into the small print.
For now, have a safe weekend. And enjoy the chocolate.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
10:16:01PM |
BRENT |
32.77 |
32.1 |
30.325 |
34.5 |
36.88 |
37.4375 |
33.4 |
Success |
||
|
10:22:26PM |
GOLD |
1685.88 |
1670 |
1664.5 |
1685 |
1690 |
1698.5 |
1673 |
Success |
||
|
10:25:50PM |
FTSE |
5882 |
5784 |
5756.5 |
5866 |
5893 |
5940 |
5797 |
Success |
||
|
10:37:47PM |
FRANCE |
4533.7 |
4403 |
4360 |
4474 |
4561 |
4581 |
4463 |
‘cess |
||
|
10:39:52PM |
GERMANY |
10707 |
10489 |
10442 |
10588 |
10712 |
10778 |
10532 |
‘cess |
||
|
10:41:34PM |
US500 |
2793 |
2705 |
2652.5 |
2777 |
2806 |
2823.5 |
2758 |
Success |
||
|
11:04:04PM |
DOW |
23776 |
23620 |
23496 |
23832 |
24015 |
24216 |
23678 |
Success |
||
|
11:10:27PM |
NASDAQ |
8247 |
8112 |
8073 |
8217 |
8300 |
8326 |
8205 |
‘cess |
||
|
11:12:09PM |
JAPAN |
19467 |
19126 |
18997 |
19380 |
19615 |
19669.5 |
19336 |
Success |
9/04/2020 FTSE Closed at 5842 points. Change of 2.91%. Total value traded through LSE was: £ 7,054,916,655 a change of 16.86%
8/04/2020 FTSE Closed at 5677 points. Change of -0.47%. Total value traded through LSE was: £ 6,036,851,647 a change of -23.98%
7/04/2020 FTSE Closed at 5704 points. Change of 2.19%. Total value traded through LSE was: £ 7,941,411,250 a change of 28.33%
6/04/2020 FTSE Closed at 5582 points. Change of 3.08%. Total value traded through LSE was: £ 6,188,185,847 a change of 7.79%
3/04/2020 FTSE Closed at 5415 points. Change of -1.19%. Total value traded through LSE was: £ 5,740,716,351 a change of -13.64%
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% 