Barclays (LSE:BARC)  weather report!

#Brent #WallSt  The country appears to have gotten through March without the promised chaos of snow cover, everywhere, despite the media promising such an event. Unsurprisingly, similar to the missing snow storms, there’s a complete lack of anyone in the media questioning why we were treated to panic headline stories about an event which no-one really believed would happen. Increasingly fewer people buy national newspapers, due in no small way to them being as truthful or accurate than poundshop politicians.

This quite neatly brings us to our outlook against Barclays from three weeks ago.

We gave some quite bombastic predictions, none of which actually happened! Instead of triggering our gain scenario by moving above 313p, the best the share managed was a visit to 311.6p. On the alternate side of life, on March 13th, the share price dipped briefly below our drop trigger of 287, accomplishing this feat with a plunge in the opening second of trade. This unfortunately is one of our favourite hobby horses, one which states to never trust a dip down (or spike up) at the open of trade. Often, we feel these movements are engineered to create “mood lighting” for traders, creating an expectation which will inevitably force the wrong conclusions by the gullible. This is why our preference is for closing prices to be treated more seriously, regardless of the subject being a share, index, or commodity.

 

Unfortunately, if we stick to our guns and rely on closing prices, we’re now forced to take the stance of anticipating further movement below 293p to now trigger reversal to an initial 279p with our secondary, if broken, a less likely 272p. Overall, this isn’t great, placing the share price in a zone where an eventual “bottom” of 256p becomes possible. But we’d also advocate paying close attention to where the share price actually closes in relation to our target levels.

Visually and historically, there’s a pretty good chance of a bounce, should the 279p level next make an appearance. But as for rushing in and taking a Long position at such a level, there’s also the grave danger of the often tested uptrend since February of 2024 breaking, it being a fairly medium term uptrend and emphatically not a set of rules. If sufficient number of traders lose reliance on this Red line, things could go wrong rather quickly and make our gloomy 256p the subject of reality… Then again, perhaps President Trump shall place a 25% tariff on “foreign” share dealing, abruptly giving share prices a sharp gain. (this is a joke, not a possibility!)

With our expectation being for Barclays to bounce from the 279p level, it shall prove interesting if any rebound exceeds the 310p level as this should provoke gains to an initial 322p with our secondary, if bettered, at 335p. Overall, we’d regard this as kicking off a cycle toward 407p as a major point of interest sometime in the future.

Of course, none of the above mentions predicted snow storms. But we’re now suspecting a dusting of snow down to the 279p level is almost upon the markets. Then again, it’s officially Spring with the clocks finally returning to Sane Time escaping the absurd regression which takes us into artificial winter darkness to satisfy some weird political theory..

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
2:18:55AM BRENT 7240.9 7237 7204 7155 7280 7351 7392 7445 7288
2:21:56AM GOLD 3084.21 3074
2:25:12AM FTSE 8642.5 8668
2:34:56AM STOX50 5321.5 5334
10:11:32PM GERMANY 22455 22308
10:14:17PM US500 5557 5597
10:16:42PM DOW 41426.3 41412 40926 40291 41714 41850 41977 42161 41688
10:19:40PM NASDAQ 19179.5 19643
10:23:19PM JAPAN 36256 36809

 

28/03/2025 FTSE Closed at 8658 points. Change of -0.09%. Total value traded through LSE was: £ 5,309,813,922 a change of 6.75%
27/03/2025 FTSE Closed at 8666 points. Change of -0.26%. Total value traded through LSE was: £ 4,974,129,293 a change of -6.31%
26/03/2025 FTSE Closed at 8689 points. Change of 0.3%. Total value traded through LSE was: £ 5,309,245,116 a change of -37.66%
25/03/2025 FTSE Closed at 8663 points. Change of 0.29%. Total value traded through LSE was: £ 8,516,934,652 a change of 81.47%
24/03/2025 FTSE Closed at 8638 points. Change of -0.09%. Total value traded through LSE was: £ 4,693,303,680 a change of -72.9%
21/03/2025 FTSE Closed at 8646 points. Change of -0.64%. Total value traded through LSE was: £ 17,319,068,122 a change of 126.14%
20/03/2025 FTSE Closed at 8702 points. Change of -0.05%. Total value traded through LSE was: £ 7,658,434,671 a change of 23.47%

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:AML Aston Martin** **LSE:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **

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Updated charts published on : Aston Martin, British Telecom, Diageo, EasyJet, Glencore Xstra, National Glib, Oxford Instruments, Rockhopper, Spirax,


LSE:AML Aston Martin Close Mid-Price: 65.25 Percentage Change: -5.02% Day High: 69.85 Day Low: 65.4

Weakness on Aston Martin below 65.4 will invariably lead to 57p with seco ……..

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LSE:BT.A British Telecom. Close Mid-Price: 165.3 Percentage Change: + 1.54% Day High: 166.55 Day Low: 163.1

In the event of British Telecom enjoying further trades beyond 166.55, th ……..

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LSE:DGE Diageo. Close Mid-Price: 2046.5 Percentage Change: + 1.21% Day High: 2050.5 Day Low: 2006.5

Weakness on Diageo below 2006.5 will invariably lead to 1996p with second ……..

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LSE:EZJ EasyJet Close Mid-Price: 459.5 Percentage Change: -2.90% Day High: 475 Day Low: 459.3

Target met. If EasyJet experiences continued weakness below 459.3, it wil ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 292.55 Percentage Change: -1.71% Day High: 300.2 Day Low: 293.55

Target met. If Glencore Xstra experiences continued weakness below 293.55 ……..

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LSE:NG. National Glib. Close Mid-Price: 1009.5 Percentage Change: + 2.86% Day High: 1012 Day Low: 985.4

Continued trades against NG. with a mid-price ABOVE 1012 should improve t ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1784 Percentage Change: -1.22% Day High: 1892 Day Low: 1770

Target met. In the event Oxford Instruments experiences weakness below 17 ……..

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LSE:RKH Rockhopper. Close Mid-Price: 47 Percentage Change: + 4.44% Day High: 47.2 Day Low: 45.3

Further movement against Rockhopper ABOVE 47.2 should improve acceleratio ……..

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LSE:SPX Spirax Close Mid-Price: 6415 Percentage Change: -2.36% Day High: 6535 Day Low: 6375

Continued weakness against SPX taking the price below 6355 calculates as l ……..

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*** End of “Updated Today” comments on shares

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