#FTSE #GOLD Watching various UK Labour politicians squirming at the prospect of dealing with President Trump, it’s easy to be reminded of the comedy song “It Wasn’t Me” by Shaggy, when comments they’ve historically said about Mr Trump resurface. We’re starting to wonder when members of the Bank of England policy committee shall start making similar vocal dance steps, when they try and justify the lethargy with which they’ve managed stifle any hope for the UK economy making a recovery to match the rest of the world. The recent interest rate reduction of just 0.25%, again pretty far from brave, failed to match 0.5% and 0.75% reductions scheduled by other central banks.
Oddly, It was President Trump who made us pause for thought regarding the Central Bank interest rate waltz. His weird or genius concept for repairing Gaza provided a reminder there are other ways of controlling an outcome, rather than failed conventional wisdom. There’s little doubt the concept of using interest rates to control inflation has failed, yet the folks with the big brains and bigger salaries at central banks seem unable to come up with any smart ideas other than to wield concepts with historical failure to achieve any results! Hence, our suspicion members of the BoE Policy Committee are readying themselves for a “It Wasn’t Me” stance, while their former leader Mr Carney jockey’s for position to continue the failed policy schedule of Canada’s outgoing Trudeau.
We’ve strong feelings on this subject, becoming fed up of bobble head “economists” watching every other country in the hope of getting a clue what to do for the future. Surely they must realise this isn’t how things progress? While President Trumps idea for Gaza may be daft, the more important thing was he’d an idea for a solution which no-one else had produced. Perhaps he shall eventually expand upon the concept, suggesting the populace of Gaza move to Greenland to boost the massive islands meagre 86k population…. To be fair, it’s unlikely anyone from even Scotland would wish to move to Greenland, the weather being a bit tougher than the foulness we expect in Scotland.
But on the bright side, the writer spent 20 minutes watching a massive wingspan Buzzard in our bit of Argyll on Thursday, gliding low above a field which had been “wilded” and clearly marking out its territory before the mating season. These things, known locally as “tourist Eagles” can be hypnotic at this time of year, tourists unaware an adult Eagle is 2 or 3 times larger than a Buzzard. Obviously, for the next week, our Nikon camera will be carried in the hope of getting a photograph which will be rather less incompetent than the ones I took with my mobile phone.
We wonder how long this market pain shall last, especially as from our viewpoint, the FTSE is painting a surprising picture from a Big Picture stance, one which now paints a future 10385 as a very possible ambition. Overall, we’re forced to regard a distant 10 thousand+ points as a sane ambition. To be quite clear, such an aspiration would be regarded as viable in North American markets along with substantial parts of Europe. But for the UK, we show a relatively near term “shut up & beg” calculation at above 8768 points apparently triggering gains to an initial 8843 points with our secondary, if bettered, working out at 8867 points and some hesitation.
These target levels are not particularly ambitious and the tightest stop loss level looks like just 8646 points.
As usual, our converse scenario is less cheery, allowing movement below 8645 points to bring a visit to an initial 8368 points with our secondary, if broken, working out at 8235 points. Unfortunately, these drop targets make a lot of visual sense, a detail for which we thank the Bank of England.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:02:24PM | BRENT | 7409.2 | 7395 | 7277 | 6964 | 7509 | 7540 | 7603 | 7673 | 7477 | |
| 11:08:12PM | GOLD | 2855.65 | 2835 | 2820 | 2799 | 2855 | 2871 | 2881 | 2896 | 2849 | |
| 11:11:36PM | FTSE | 8702.9 | 8663 | 8627 | 8579 | 8713 | 8740 | 8775 | 8863 | 8690 | Success |
| 11:15:24PM | STOX50 | 5344.5 | 5284 | 5252 | 5214 | 5316 | 5366 | 5398 | 5497 | 5274 | ‘cess |
| 11:18:32PM | GERMANY | 21896.2 | 21640 | 21538 | 21409 | 21750 | 21926 | 22102 | 22218 | 21795 | Success |
| 11:28:42PM | US500 | 6076.1 | 6042 | 6029 | 6011 | 6072 | 6084 | 6107 | 6173 | 6043 | |
| 11:31:22PM | DOW | 44737 | 44536 | 44417 | 44205 | 44735 | 44834 | 45205 | 45404 | 44530 | |
| 11:33:50PM | NASDAQ | 21750.3 | 21567 | 21510 | 21420 | 21705 | 21780 | 21917 | 22276 | 21607 | ‘cess |
| 11:36:14PM | JAPAN | 38950 | 38840 | 38752 | 38602 | 39005 | 39202 | 39260 | 39400 | 39000 |
6/02/2025 FTSE Closed at 8727 points. Change of 1.21%. Total value traded through LSE was: £ 5,614,005,205 a change of 8.54%
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% 
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:AV. Aviva** **LSE:BARC Barclays** **LSE:CAR Carclo** **LSE:DGE Diageo** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:NWG Natwest** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **
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Updated charts published on : Aviva, Barclays, Carclo, Diageo, Hikma, British Airways, Natwest, Scottish Mortgage Investment Trust, Standard Chartered, Tesco,
LSE:AV. Aviva. Close Mid-Price: 514.2 Percentage Change: + 1.26% Day High: 517 Day Low: 509
Continued trades against AV. with a mid-price ABOVE 517 should improve th ……..
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View Previous Aviva & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 307.5 Percentage Change: + 4.13% Day High: 307.95 Day Low: 296.6
Target met. All Barclays needs are mid-price trades ABOVE 307.95 to impro ……..
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View Previous Barclays & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 21.6 Percentage Change: -1.82% Day High: 22 Day Low: 22
In the event Carclo experiences weakness below 22 it calculates with a dr ……..
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View Previous Carclo & Big Picture ***
LSE:DGE Diageo. Close Mid-Price: 2252.5 Percentage Change: + 0.78% Day High: 2280 Day Low: 2226
Continued weakness against DGE taking the price below 2226 calculates as ……..
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View Previous Diageo & Big Picture ***
LSE:HIK Hikma. Close Mid-Price: 2294 Percentage Change: + 0.53% Day High: 2302 Day Low: 2280
In the event of Hikma enjoying further trades beyond 2302, the share shou ……..
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View Previous Hikma & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 363.4 Percentage Change: + 3.33% Day High: 363 Day Low: 352.4
Target met. Further movement against British Airways ABOVE 363 should im ……..
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View Previous British Airways & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 447.9 Percentage Change: + 3.13% Day High: 449.7 Day Low: 435.7
Target met. All Natwest needs are mid-price trades ABOVE 449.7 to improve ……..
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View Previous Natwest & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1087.5 Percentage Change: + 0.37% Day High: 1098.5 Day Low: 1081
Target met. Continued trades against SMT with a mid-price ABOVE 1098.5 sh ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1110 Percentage Change: + 3.35% Day High: 1111.5 Day Low: 1073
Target met. In the event of Standard Chartered enjoying further trades be ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TSCO Tesco Close Mid-Price: 387 Percentage Change: -0.15% Day High: 391.8 Day Low: 387.9
Further movement against Tesco ABOVE 391p should improve acceleration tow ……..
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View Previous Tesco & Big Picture ***