#FTSE #Nasdaq With the ascention of Mr Trump onto the throne in America, we’d expected the price of crude oil to take an immediate hammering, something which has been absent thus far. However, recent days have witnessed some weakening of the market and now, a fairly firm argument is taking shape pointing at reversal. However, as if sensing this, Mr Trump managed to toss a spanner into the Middle East works with his plan to annex Gaza, expel the residents to other countries, and turn the country – which does enjoy a substantial stretch of beachfront property – into the Riviera of the other end of the Mediterranean. Or perhaps, the largest Disney World on the planet.
The markets appear a little stunned at the initiative as it represents an entirely new way of thinking to resolve the ancient problem of Palestinians. Howls of outrage emanated from the two countries he’d proposed to hold the exiled inhabitants of Gaza, while their country was remodelled from a tunnel ridden scene of destruction. President Trump has effectively called the bluff of Jordan and Egypt, both countries abhorring the concept of allowing a single person from Gaza to enter their country. Who knows how it will all end but instead of throwing a hissy fit, the price of oil actually managed to weaken further! This subtly suggests stability in Gaza is probably the last thing wanted by oil producing companies, visually risking reductions in the price of oil.
The immediate situation is fairly dodgy, suggesting weakness below 74 dollars shall provoke reversals down to an initial $69 with our secondary, if broken, an eventual splashdown at a potential bottom of 60, level at which the visuals favour a rebound. There is however a greater risk, should the 60 dollar level break, our third level presenting itself as a firm, potentally giving a third level target as a point from which further drops are possible. Our “issue” comes from the salient detail anything below 50 dollars will face sharp reversal to just 5 dollars. If this scenario breaks out, the tightest stop looks like 77 dollars, if adopting a wait and see policy.
Aside from the brief Kamikaze flickers on Twiiter, the price of Brent has nothing suggesting such a negative disaster is pending but instead, “standard” reductions down to the 60 dollar level.
In the event the price of Brent somehow manages to exceed the 77 dollar level, our initial ambition works out at $88 with our secondary, if beaten, making a guest appearance at a fairly impressive $95. The visuals for such an event will confirm the stuff is essentially stuck in a trading zone between 95 dollars and 69 dollars, a picture which has been quite repetitive since 2023. However, with President Trump proposing something truly new for the Middle East, we question if oil prices shall do something new as well?
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 12:53:50AM | BRENT | 7450 | ‘cess | ||||||||
| 1:02:27AM | GOLD | 2868.59 | |||||||||
| 1:05:40AM | FTSE | 8669 | 8510 | 8479 | 8408 | 8565 | 8607 | 8630 | 8671 | 8548 | |
| 1:12:39AM | STOX50 | 5290.6 | |||||||||
| 1:15:52AM | GERMANY | 21661.2 | |||||||||
| 1:21:23AM | US500 | 6068.1 | ‘cess | ||||||||
| 1:26:30AM | DOW | 44924 | |||||||||
| 2:20:16AM | NASDAQ | 21670.3 | 21134 | 21035 | 20815 | 21318 | 21698 | 21748 | 22048 | 21507 | Shambles |
| 2:23:16AM | JAPAN | 38872 |
5/02/2025 FTSE Closed at 8623 points. Change of 0.62%. Total value traded through LSE was: £ 5,172,324,533 a change of -3.31%
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% 
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:SCLP Scancell** **LSE:TSCO Tesco** **
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Updated charts published on : Diageo, British Airways, Scancell, Tesco,
LSE:DGE Diageo Close Mid-Price: 2235 Percentage Change: -3.97% Day High: 2338 Day Low: 2231.5
Weakness on Diageo below 2231.5 will invariably lead to 2222p with second ……..
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View Previous Diageo & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 351.7 Percentage Change: + 1.33% Day High: 350.7 Day Low: 345.3
Continued trades against IAG with a mid-price ABOVE 350.7 should improve ……..
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View Previous British Airways & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 9 Percentage Change: -2.70% Day High: 9.25 Day Low: 8.75
If Scancell experiences continued weakness below 8.75, it will invariably ……..
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View Previous Scancell & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 387.6 Percentage Change: + 2.70% Day High: 387.8 Day Low: 375.6
Target met. Continued trades against TSCO with a mid-price ABOVE 387.8 sh ……..
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View Previous Tesco & Big Picture ***