#Gold #FTSE When it comes to self humiliation, Tuesday had all the ingredients lined up, smirking. As always, avoiding trying to start the engines of garden machinery has become an annual habit as despite servicing everything, the machines usually fight the idea of bursting into like following their winter hibernation. Matters came to a head, when my wife announced she was going to pressure wash the patio, completely unaware the engine of the pressure washer is my nemesis, doubtless due to infrequent use. But the 59cc garden strimmer engine is a close second, easiest to service but utterly hates changes to UK petrol. And of course, there’s the little red tractor with its new battery and starter motor, gleefully lurking and doubtless planning something bad.
First out of the pits was the pressure washer, my wife lurking close while I fuelled and primed it, only going away when told it would need to run for 5 minutes before use. To my utter amazement, the thing started at the first pull, only to splutter to a halt when the trigger was pulled on the water nozzle thing. But it restarted and after a few more minutes, the jet wash nozzle was triggered, spraying high pressure water without fuss. With one down and two to go, it was the turn of the strimmer next, gloomy with an expectation I’d have the carburettor stripped and on my desk within the next 15 minutes. Like the pressure washer, it also started, quickly shut down as the noise of two engines was a bit extreme. All that remained was the red tractor. Or I could could for a dog walk before challenging it? The dog walk won, the tractor challenge delayed until Wednesday. But Tuesday still had a cunning plan…
Around 20 years ago, a very grudging decision to sometimes wear reading glasses, allowed a local petrol station to sell me a few pairs of entry level spectacles. A few pairs were purchased, all rated at the beginner level and now, just one pair remain and are worn when working at a computer. This pair of glasses, long on the edge of falling apart, recently managed to lose one of the nose cushions (there must be a better term) and the sharp edge of the metal frame was irritating. In a moment of genius, it was obvious a small bit of compressed foam could be glued to the frames, so it was time for the magic E6000 glue to do its thing. Within minutes, once again the glasses were comfortable until the lid of my office bin decided to open itself without any warning. The bin, a frequent source of false alarms, needs a hand vaguely waved above a movement sensor to save the user the difficult task of opening a bin lid…
Hearing the bin behind my chair creak while it opened its lid, I spun around in an attempt to see what triggered it. My reading glasses moved slightly and reaching to move them back into position, I made the discovery they were now glued to my nose, the magical E6000 adhesive having melted the foam cushion, deciding to strongly adhere to the next absorbent material, my nose. This E6000 stuff is the real deal when it comes to adhesives, able to re-attach a rear view mirror or simply to glue a broken roof tile back together. It found gluing a pair of 20 year old specs to my nose an easy task! And so, once I finish this article about Rolls Royce share price, I’m going to spend time in front of the bathroom mirror with a cotton bud and isopropyl alcohol in an attempt to dissolve the glue.
And that’s been Tuesday.
As for Rolls Royce, we reviewed their share price publicly in January, giving an upper target of 732p and warning we anticipated some volatility at such a level. Events proved us right and on February 27th, it achieved target, closing the day at 731.6p, impressively alongside our expected level. Unfortunately, there was a massive fly, even bigger than a nasal organ with a pair of glasses firmly attached, in the ointment.
The share price had been gapped up to our target level, doubtless due to whatever PR release the company had released. This impressive and successful attainment of our target level
The problem with the price movement came from the fact the market opted to “gap” the share up to our target level. An unspoken implication with such a massive step was a strong argument against any volatility above the target level, this proving to be the case as the share powered onward toward an eventual 818 before becoming entrenched in the overall intransigent behaviour of the wider market. Of course, when President Trump decided American people where going to pay more for quality imports from the UK. This was deemed to potentially affect Rolls Royce share price, doubtless due to folk thinking the design of aircraft would be altered to suit inferior engines to those supplied by the British engine maker. Equally inconvenient, the nations fleet of B52 bombers being upgraded to use Rolls Royce units would probably be scrapped, due to Rolls Royce F130 engine units proving too expensive going up in price.
A far as Rolls Royce are concerned, we suspect the engine maker shall find itself able to ignore the tariff olympics. Let’s face it, no-one ever bought anything from Rolls Royce due to price concerns, even when they made cars. We suspect the market has come to a similar conclusion, the company share price conspicuously failing to close below the Red uptrend on the chart below. As a result, it now seems movement above just 690p should enter a cycle to an initial 780 with our secondary, if bettered, at 856p and a somewhat grudging all time high.
If things intend go wrong, below 566 risks a cycle down to the 500p level.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:35:54PM | BRENT | 6144.7 | |||||||||
| 10:41:04PM | GOLD | 2984.23 | 2974 | 2942 | 2867 | 3004 | 3056 | 3080 | 3121 | 3014 | Success |
| 11:29:52PM | FTSE | 7681.7 | 7540 | 7467 | 7284 | 7792 | 7985 | 8055 | 8227 | 7775 | |
| 11:33:13PM | STOX50 | 4569.7 | |||||||||
| 11:36:24PM | GERMANY | 19378 | |||||||||
| 11:40:56PM | US500 | 4900.4 | |||||||||
| 11:47:42PM | DOW | 37163 | |||||||||
| 11:54:19PM | NASDAQ | 16812 | |||||||||
| 11:56:39PM | JAPAN | 32112 |
8/04/2025 FTSE Closed at 7910 points. Change of 2.7%. Total value traded through LSE was: £ 8,561,122,839 a change of -22.29%
7/04/2025 FTSE Closed at 7702 points. Change of -4.38%. Total value traded through LSE was: £ 11,016,495,599 a change of 0%
4/04/2025 FTSE Closed at 8055 points. Change of -4.94%. Total value traded through LSE was: £ 0 a change of -100%
3/04/2025 FTSE Closed at 8474 points. Change of -1.56%. Total value traded through LSE was: £ 8,189,785,390 a change of 71.42%
2/04/2025 FTSE Closed at 8608 points. Change of -0.3%. Total value traded through LSE was: £ 4,777,697,374 a change of -10.48%
1/04/2025 FTSE Closed at 8634 points. Change of 0.61%. Total value traded through LSE was: £ 5,337,298,132 a change of -21.51%
31/03/2025 FTSE Closed at 8582 points. Change of -0.88%. Total value traded through LSE was: £ 6,799,696,301 a change of 28.06% 
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:GLEN Glencore Xstra** **LSE:OPG OPG Power Ventures** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **
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Updated charts published on : OPG Power Ventures, Serco, Standard Chartered,
LSE:GLEN Glencore Xstra. Close Mid-Price: 238.6 Percentage Change: + 3.72% Day High: 244.95 Day Low: 232.85
In the event Glencore Xstra experiences weakness below 213.25 it calculate ……..
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LSE:OPG OPG Power Ventures. Close Mid-Price: 4.4 Percentage Change: + 0.00% Day High: 4.4 Day Low: 4.35
Below 4.15 now risks reversal to an initial 3.4 with our secondary, if bro ……..
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LSE:SRP Serco. Close Mid-Price: 160.5 Percentage Change: + 5.66% Day High: 160.4 Day Low: 150.5
If Serco experiences continued weakness below 150.5, it will invariably l ……..
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LSE:STAN Standard Chartered Close Mid-Price: 922.8 Percentage Change: -1.54% Day High: 949.8 Day Low: 915
Further weakness below 875 should indicate the potential for reversal to a ……..
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