#FTSE #SP500 A chum recently bought a house and, upon clearing the very overgrown rear garden, discovered she’s also the proud owner of a faded red BT phone box. This relic of happier times in the UK was spending its retirement, hidden behind some fencing panel, a reminder of a simpler world which existed before broadband, cell phones and the age of instant communication. It transpires this reminder of a bygone age brings another set of problems, essentially a question as to how the heck it can be moved. The antique weighs around 3/4 of a ton according to Google but there’s a chance it has been in-situ since a new road was built in the village. Houses which backed onto the old road adopted the land, there being an old black and white snapshot of the garden with the phone box visible beyond some bushes. As a result, while it’s devoid of any communications equipment, the thing is doubtless still bolted onto a lump of concrete or whatever, defying efforts from various homeowners to move it. Instead, it became easier to hit it behind fencing panels!
Thinking about it, the decline of the traditional BT phone box is part of the reasoning for “hate speech” and the rise of the so called “right wing” in the UK. With newspapers and telephone boxes no longer being the way in which ideas could spread, more instant idiotic communications have become the order of the day! When it was once the case an angry letter from Mr Nutter in Chelmsford complaining about something stupid and trivial was once dismissed by a lowly staff member in a newspaper office as the work of an idiot, such a filter no longer exists. Equally, the Red Phone Box allowed person to person communication without a wider spread of daft ideas but nowadays, anyone armed with a smart phone can allow their “good idea” to vomit all over the internet with a silly posting on X, Facebook, Reddit or multiple internet chatrooms, nobody existing to delay matters with a cooling down period or an extended pause between the “good idea” being disseminated among a wider audience. Instead, politicians have invented “hate speech” and “far right” in an effort to legislate against something which has always existed, human beings being human. As we’re currently seeing in America, the kickback against such political idiocy is playing out with a common sense approach to rule making.
Who knew, it was all the fault of the innocent little Red phone box?
BT have a share price which hasn’t been faring well in recent years. Personally, we’ve despatched the idea of our home “phone number” to history, deciding it’s no longer needed. This was not an easy decision, growing up with home phone numbers such as “Lochcar** 001” or “Giff***k 0589” have proven impossible to forget. It’s entirely possible these numbers are still allocated, an area where BT missed a trick as the company should have embraced the DVLA’s trick of selling vehicle number plates to a public eager to buy “personalised” memorable home telephone numbers. However, despite themselves, BT managed to exist as a company by ignoring every good idea which wandered past the corporate single monopolistic brain cell, even ignoring the internet at one point, given an entry window for cable broadband to flourish. We suspect, at some point soon, BT shall be forced to admit a substantial decline of “monthly line rental” fees is hitting their pockets hard.
For this reason, we don’t entirely trust the BT chart as while it shows the share price as breaking free of the downtrend since 2016, there is a panic level at 117p, a point below which things risk going horrible wrong for the brain-dead behemoth, giving an initial drop target of just 52p with our secondary, if broken, an impossible -52p. We still despise BT as over the years, they proved to be a lazy company slouching in a pit of corporate monopoly greed, unable to see the future. The future was available in Day-Glo block capitals with the dire America Online or Compuserve. Rather than investigate the potentials, BT chose an attempt to strangle the internet by making higher data speeds impossible except for very few privileged locations. This attempt was to prove one of BT’s most glorious failures, the explosion of BT fibre optic cable boxes being evidence of an initiative which was delayed by around 15 years.
On the basis the market still adhere to the illusion of happier times ahead for BT, their share price needs exceed 162p to hopefully trigger recovery to an initial 189p with our secondary, if beaten, at an impressive 219p, a price level at which we shall need take a hard look at their future due to an eventual 293p being seen as exerting a gravitic and unlikely influence. We don’t trust BT, a company which tended to trust “hype” presentations from Korea, Japan, and latterly China, rather than real world commentary in computer magazines. Essentially, they explored more rabbit holes than appeared in the movie Watership Down!
But, in summary, despite our foul outlook, according to the charts BT still have a future ahead. But personal experience advises caution.
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
10:03:45PM | BRENT | 7587.8 | |||||||||
10:07:31PM | GOLD | 2841.72 | ‘cess | ||||||||
10:10:43PM | FTSE | 8535.7 | 8524 | 8497 | 8460 | 8564 | 8588 | 8605 | 8632 | 8548 | |
10:31:35PM | STOX50 | 5256.1 | ‘cess | ||||||||
10:34:17PM | GERMANY | 21487 | |||||||||
10:43:39PM | US500 | 6024.6 | 5962 | 5945 | 5916 | 5990 | 6042 | 6046 | 6074 | 6018 | |
10:58:15PM | DOW | 44553 | |||||||||
11:01:31PM | NASDAQ | 21492 | ‘cess | ||||||||
11:03:59PM | JAPAN | 38888 |
4/02/2025 FTSE Closed at 8570 points. Change of -0.15%. Total value traded through LSE was: £ 5,349,281,975 a change of 10.8%
3/02/2025 FTSE Closed at 8583 points. Change of -1.04%. Total value traded through LSE was: £ 4,827,982,037 a change of -38.35%
31/01/2025 FTSE Closed at 8673 points. Change of 0.31%. Total value traded through LSE was: £ 7,830,859,911 a change of 58.83%
30/01/2025 FTSE Closed at 8646 points. Change of 1.04%. Total value traded through LSE was: £ 4,930,240,161 a change of -10.24%
29/01/2025 FTSE Closed at 8557 points. Change of 0.28%. Total value traded through LSE was: £ 5,492,931,897 a change of 11.31%
28/01/2025 FTSE Closed at 8533 points. Change of 0.35%. Total value traded through LSE was: £ 4,934,936,161 a change of 3.9%
27/01/2025 FTSE Closed at 8503 points. Change of 0.01%. Total value traded through LSE was: £ 4,749,731,761 a change of -19.91% 
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:DGE Diageo** **LSE:IAG British Airways** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:VOD Vodafone** **
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Updated charts published on : Diageo, British Airways, Tullow, Tesco, Vodafone,
LSE:DGE Diageo Close Mid-Price: 2327.5 Percentage Change: -1.59% Day High: 2373 Day Low: 2261
If Diageo experiences continued weakness below 2261, it will invariably l ……..
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View Previous Diageo & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 347.1 Percentage Change: + 1.91% Day High: 348.4 Day Low: 340.9
Target met. All British Airways needs are mid-price trades ABOVE 348.4 t ……..
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View Previous British Airways & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 18.75 Percentage Change: + 5.81% Day High: 19.13 Day Low: 17.07
Weakness on Tullow below 17.07 will invariably lead to 15p with secondary ……..
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View Previous Tullow & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 377.4 Percentage Change: + 1.34% Day High: 377.5 Day Low: 370.9
All Tesco needs are mid-price trades ABOVE 377.5 to improve acceleration ……..
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View Previous Tesco & Big Picture ***
LSE:VOD Vodafone Close Mid-Price: 65.1 Percentage Change: -7.03% Day High: 66.76 Day Low: 64.38
If Vodafone experiences continued weakness below 64p for panic, giving th ……..
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View Previous Vodafone & Big Picture ***