#FTSE #Gold Thursday was something of a disappointment, the market expected to show some growth following a ‘surprise’ interest rate cut. Unfortunately, the reality seems to be a case we experienced one of these ‘buy on the rumour, sell on the news’ sessions which are always a bit irritating. We were privately hoping for an interest rate cut in excess of that given, due to our “bottom” target for interest rates being 3.75% and a suspicion the BoE may accelerate travel to our target level, especially as the UK economy continues to suffer from the failed notion interest rates control inflation and aid the country.
The stock market has behaved recently in a fashion reminiscent of someone having pressed the pause button, quite a few fits and starts stifled before anything interesting comes to fruition. Maybe the election of a new Pope shall be given as the driving force for market changes. Out of curiosity, we looked at what happens to the markets on election of a new Pope, the answer appearing to be traders are not particularly religious, there being no movements which suggest one event was linked with any other. In other words, we’re not anticipated the market reacting to the new American Pope who apparently does not speak English despite being the Cardinal from Chicago, famously the home of ‘toast & cheese’ which was marketed as pizza!
It can be safely assumed we regard the election as a new Pontiff with equal awe to that deserved by a new mayor of Preston…
As for the FTSE, it is actually in an interesting position from a near term perspective as above 8576 points looks capable of triggering movement to an initial 8632 points. If bettered, our secondary calculates at 8694 points, quite a big deal as it opens the door for strong market movement in the medium term, almost to the 8900 point level. We harbour a suspicion “they” are trying to dampen down such a potential as it should all happen quite fast, if we rely on our usual logic.
If things intend go wrong, below 8500 now looks dangerous as it opens the door toward an initial 8426 points with our secondary, if broken, calculating down at 8300 points and a reasonable chance of a rebound.
It is a Formula One devoid weekend, so enjoy cutting the grass as the weather looks good. Perhaps visit a farm shop but at all costs, avoid chain store Garden Centres as they sell junk, not designed for local areas but instead, simply trying to export any local profit to a corporate body! A recent visit to a local B&Q almost had us buying tomato plants designed not to grow in a Scottish climate where the sun is a stranger! Sometimes Google can be a friend.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:05:50PM | BRENT | 6303 | 6080 | 6021 | 6165 | 6330 | 6356 | 6268 | |||
| 11:08:45PM | GOLD | 3310.96 | 3289 | 3276 | 3329 | 3416 | 3468 | 3364 | Success | ||
| 11:31:34PM | FTSE | 8556.7 | 8511 | 8474 | 8574 | 8622 | 8648 | 8586 | |||
| 11:35:46PM | STOX50 | 5282 | 5257 | 5235 | 5282 | 5319 | 5330 | 5295 | ‘cess | ||
| 11:38:42PM | GERMANY | 23381.8 | 23219 | 23186 | 23268 | 23452 | 23487 | 23380 | ‘cess | ||
| 11:41:57PM | US500 | 5665 | 5633 | 5602 | 5674 | 5721 | 5742 | 5691 | ‘cess | ||
| 11:45:05PM | DOW | 41365 | 41163 | 40946 | 41392 | 41780 | 42384 | 41337 | Success | ||
| 11:48:39PM | NASDAQ | 20080.9 | 19900 | 19775 | 20053 | 20252 | 20290 | 20146 | Success | ||
| 11:51:24PM | JAPAN | 37329 | 36624 | 36378 | 36903 | 37566 | 37599 | 37259 | Success |
8/05/2025 FTSE Closed at 8531 points. Change of -0.33%. Total value traded through LSE was: £ 6,629,623,125 a change of 7.19%
7/05/2025 FTSE Closed at 8559 points. Change of -0.44%. Total value traded through LSE was: £ 6,184,880,879 a change of -26.44%
6/05/2025 FTSE Closed at 8597 points. Change of 0.01%. Total value traded through LSE was: £ 8,408,484,363 a change of 30.09%
2/05/2025 FTSE Closed at 8596 points. Change of 1.18%. Total value traded through LSE was: £ 6,463,449,781 a change of 59.81%
1/05/2025 FTSE Closed at 8496 points. Change of 0.02%. Total value traded through LSE was: £ 4,044,371,616 a change of -59.2%
30/04/2025 FTSE Closed at 8494 points. Change of 0.37%. Total value traded through LSE was: £ 9,912,933,347 a change of 92.29%
29/04/2025 FTSE Closed at 8463 points. Change of -100%. Total value traded through LSE was: £ 5,155,137,835 a change of 0% 
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:BBY BALFOUR BEATTY** **LSE:EXPN Experian** **LSE:IAG British Airways** **LSE:IGG IG Group** **
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Updated charts published on : Aviva, BALFOUR BEATTY, Experian, British Airways, IG Group,
LSE:AV. Aviva Close Mid-Price: 579.4 Percentage Change: -0.38% Day High: 585.2 Day Low: 579.4
Target met. In the event of Aviva enjoying further trades beyond 585.2, t ……..
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View Previous Aviva & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 486.4 Percentage Change: + 2.10% Day High: 502.5 Day Low: 480
Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3839 Percentage Change: + 0.44% Day High: 3918 Day Low: 3836
Target met. In the event of Experian enjoying further trades beyond 3918, ……..
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View Previous Experian & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 290.3 Percentage Change: + 2.11% Day High: 289.5 Day Low: 283.4
Continued trades against IAG with a mid-price ABOVE 289.5 should improve ……..
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View Previous British Airways & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 1100 Percentage Change: -0.09% Day High: 1111 Day Low: 1096
Continued trades against IGG with a mid-price ABOVE 1111 should improve t ……..
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View Previous IG Group & Big Picture ***