#Brent #SP500 Somehow or other, we’ve managed to duck reporting on Barclays for 5 weeks. In the intervening period, the bank has essentially done nothing aside from a dramatic drop down to the 223p level. This share price reversal to (and below) our projected 256p was certainly brief and dramatic and now, the market appears to be trying to convince everyone a closing price 241p was a real bottom. There’s certainly something exceedingly strange going on with Barclays share price, as can be seen from the two charts below, one showing candles which express the range of each days movements, the other showing closing prices.
At a glance, it appears the market has declared a closing price of 223p on this, something which is completely invisible when just viewing candles in an attempt to understand price movements. This is why we often bang on about how important it can be to review the point at which a share price closed a session and in the case of Barclays, it makes incredible visual sense. Of equal importance are the daily highs within the period, confirming quite brutally there’s a tend line (Blue) which the market is carefully avoiding. :Logically, we feel it safe to assume any closure above Blue (ideally 309p) shall present an image where we can dare assume Barclays share price is heading upward properly.
If choosing to play safe and embrace sanity, above the previous High which defined the Blue downtrend will be intraday movement above 316p which, by our standards, defines a Higher High and makes a Long Position a viable option. Obviously, this is still playing a little dangerous as we’re suggesting a scenario which allows for safer intraday trading. In the case of Barclays, above 316p now calculates with an initial target of 366p with our secondary, if beaten, working out at a more useful 408p. Essentially, closure above 309p should enter a cycle where a longer term 500p becomes the ruling attraction for the share.
Obviously, for a retail bank, such an ambition is quite an attractive proposition!
If things intend go wrong, below 284p risks becoming troublesome, introducing a scenario which gives the potential of reversals to an initial 268p with our secondary, if broken, at 244p and hopefully a rebound. Surprisingly, in this instance, we can present a third level drop target if 244p breaks at 206p and a potential bottom. Amazingly, this rather neatly matches the lows of mid-2024, presenting a perfect point for a bounce in the future. At present, absolutely nothing suggests this reversal cycle as it’s only a potential…
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:54:56PM | BRENT | 6382 | 6076 | 5930 | 5768 | 6202 | 6423 | 6547 | 6780 | 6303 |
| 11:40:28PM | GOLD | 3276.49 | 3322 | |||||||
| 11:10:28PM | FTSE | 8569 | 8550 | |||||||
| 11:13:36PM | STOX50 | 5351.5 | 5315 | |||||||
| 11:22:50PM | GERMANY | 23715.4 | 23483 | |||||||
| 11:25:24PM | US500 | 5728.7 | 5644 | 5601 | 5552 | 5676 | 5750 | 5880 | 6241 | 5640 |
| 11:27:11PM | DOW | 41687.4 | 41487 | |||||||
| 11:29:24PM | NASDAQ | 20410.5 | 20163 | |||||||
| 11:31:55PM | JAPAN | 37809 | 37221 |
9/05/2025 FTSE Closed at 8554 points. Change of 0.27%. Total value traded through LSE was: £ 5,058,383,075 a change of -23.7%
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% 
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:CAR Carclo** **LSE:CCL Carnival** **LSE:IAG British Airways** **LSE:RKH Rockhopper** **
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Updated charts published on : Aviva, Carclo, Carnival, British Airways, Rockhopper,
LSE:AV. Aviva. Close Mid-Price: 583.4 Percentage Change: + 0.69% Day High: 586.2 Day Low: 578.2
All Aviva needs are mid-price trades ABOVE 586.2 to improve acceleration ……..
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View Previous Aviva & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 37 Percentage Change: + 2.64% Day High: 36.9 Day Low: 36.9
Further movement against Carclo ABOVE 36.9 should improve acceleration to ……..
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View Previous Carclo & Big Picture ***
LSE:CCL Carnival Close Mid-Price: 1380.5 Percentage Change: -0.75% Day High: 1404.5 Day Low: 1365
Continued trades against CCL with a mid-price ABOVE 1404.5 should improve ……..
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View Previous Carnival & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 297.2 Percentage Change: + 2.38% Day High: 300.2 Day Low: 284.9
Further movement against British Airways ABOVE 300.2 should improve acce ……..
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View Previous British Airways & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 51.8 Percentage Change: + 1.97% Day High: 53.4 Day Low: 50.2
Further movement against Rockhopper ABOVE 53.4 should improve acceleratio ……..
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View Previous Rockhopper & Big Picture ***