One of our pet “things” is to monitor the levels of trend breaks as, essentially, when a price exceeds any trend break level, there’s a good chance the trend break was an error and there’s a reasonable chance things shall proceed in the direction of the preceding trend. In the case of the FTSE, the index has exhibited an almost perfect enactment of our theory, as shown on the chart extract. In other words, as the index has failed to exceed 8177 points, we’d recommend holding off on the party poppers as things could still go very wrong!
Market movements in the last week have been of such magnitude we’re struggling with the mental leap, where we’ve been conditioned to expect minimal index movements on a daily basis, whereas the last week has seen the FTSE wander around in a 600 point bandwidth. There’s no clear point where we can accuse the FTSE of having a pivot point, a fairly common creation where a volatile market will invent an imaginary point the price oscillates above and below. By looking at minute by minute movements over the last 4 days, if the market “knew” what it was doing, we’d expect to see repeat visits to the 7850 mid-point level. This has not been happening, so we’re not convinced the stormy weather is over.
From a near term perspective, trigger levels for real movements appear fairly distant, due to the index range in the last week. Apparently, below 7864 points risks promoting reversal to an initial 7816 with our secondary,. if broke, at 7691 points. Neither target level is particularly interesting, given the games of the last week, but does afford a fairly tight stop loss level at 7914 points.
Our alternate scenario, if things intend turn positive, calculates with a wide trigger at 8060 points as this works out with an ambition at 8280 points with secondary, if beaten, at 8381 points.
To dwell briefly on what should be the bright side of life, there’s another Grand Prix this weekend from Bahrain. Generally it is good for a 2 hour nap, so maybe this time it will prove interesting. Have a good weekend.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 10:01:08PM | BRENT | 6330.5 | 6183 | 5997 | 6463 | 6590 | 6867 | 6432 | ||
| 10:05:14PM | GOLD | 3175 | 3105 | 3087 | 3137 | 3178 | 3190 | 3140 | ||
| 10:09:26PM | FTSE | 7947.5 | 7800 | 7714 | 7962 | 8202 | 8305 | 8058 | ||
| 10:13:12PM | STOX50 | 4836.8 | 4725 | 4705 | 4861 | 5067 | 5128 | 4965 | ||
| 11:17:44PM | GERMANY | 20723 | 20174 | 19799 | 20633 | 21568 | 21934 | 21206 | ||
| 11:20:26PM | US500 | 5280.3 | 5113 | 5051 | 5280 | 5495 | 5674 | 5405 | ||
| 11:22:50PM | DOW | 39650 | 38457 | 38117 | 39120 | 40904 | 41021 | 40392 | ||
| 11:25:03PM | NASDAQ | 18388 | 17789 | 17585 | 18180 | 18865 | 19246 | 18570 | ||
| 11:27:24PM | JAPAN | 33354 | 32439 | 31798 | 33001 | 33943 | 34553 | 33563 |
10/04/2025 FTSE Closed at 7913 points. Change of 3.05%. Total value traded through LSE was: £ 8,763,429,654 a change of 13.24%
9/04/2025 FTSE Closed at 7679 points. Change of -2.92%. Total value traded through LSE was: £ 7,739,110,542 a change of -9.6%
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% 
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:AAL Anglo American** **LSE:BARC Barclays** **LSE:BLOE Block Energy PLC** **LSE:SBRY Sainsbury** **
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Updated charts published on : Anglo American, Barclays, Block Energy PLC, Sainsbury,
LSE:AAL Anglo American. Close Mid-Price: 1891.2 Percentage Change: + 7.16% Day High: 2049.5 Day Low: 1874.8
Further movement against Anglo American ABOVE 2049.5 should improve accel ……..
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View Previous Anglo American & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 260.25 Percentage Change: + 7.70% Day High: 309.25 Day Low: 260.45
Target met. All Barclays needs are mid-price trades ABOVE 309.25 to impro ……..
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View Previous Barclays & Big Picture ***
LSE:BLOE Block Energy PLC. Close Mid-Price: 0.95 Percentage Change: + 11.76% Day High: 0.95 Day Low: 0.85
Above 1p now has the potential to become interesting, apparently capable o ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:SBRY Sainsbury Close Mid-Price: 228.8 Percentage Change: -2.97% Day High: 238.8 Day Low: 223.6
Continued weakness against SBRY taking the price below 223.6 calculates a ……..
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View Previous Sainsbury & Big Picture ***