#Bitcoin #Gold It was a good weekend. Formula One managed to bring a few exciting laps but more importantly, Dr Who appears to be acknowledging the dreadful choices of unwatchable characters in the lead role, bringing Billie Piper back as the main character. It’d certainly be funny, if she returns as The Doctor and is assigned Chris Ecclestone as her sidekick. As we’d hoped, the Grand Prix drivers were learning how to race again, aside from one who employed a Mario Karts move against a superior car. It proved to be one of these occasions, where penalty points and race punishment was correctly applied.
Elsewhere in the world, things have been stirring!
In the dream world of crypto currency, the media have been lining up to ridicule JD Vance, the American vice president who will obviously always be wrong due to being appointed by President Trump. However, the guy seems to have a point in expressing an interest in future growth for Bitcoin, despite it recently attaining an all time high, then retreating slightly.
From our perspective, closing above 105,000 dollars was important as it “proves” the potential of some future traffic upward. Movement next above 112,000 calculates with the potential of a lift to 120,213 next with our longer term secondary, if bettered, working out at 135,800 dollars. One interesting aspect of Bitcoins price movements emanates from the price now mapping itself against each days closing prices, rather than day trade highs and lows. For us, this is quite a happy thing as it makes life easier when looking for danger points. At present, below 92,000 dollars would provide the first solid signal of reversals ahead.
We can also make the point about the circled area on the chart below, this being a point where Bitcoin managed to close below the uptrend. In summary, should the price dip below such a level at $52,000, we shall swiftly revert to suggesting folk buy a pair of running shoes and escape a terrible future.
Tullow Oil is finally scratching the itch which has been rotten share price movements. To be honest, we’ve been expecting a news report where a hedge fund or unheard of Oil Company shall appear and make a budget offer for the company shares. Too often, price movements here have felt like a share price being artificially managed. We’d not be surprised if an offer of 20p/share were dangled, offering some slight succour to punch-drunk investors.
Tullow share price has finally closed above the downtrend since May of last year, giving very slight hope things may have changed.
Movement next above just 15.8p calculates with the potential of a lift to an initial 16.4p. Our secondary, should such a mild target be exceeded, works out ay 20.5p and an expectation of some hesitation, given price price movements from August to December last year. Closure above 20.5p shall be regarded as a REALLY BIG DEAL, opening a wild series of calculations which point to a future 41p eventually. Perhaps the company shall drill into a world, where their machinery can reliably supply fabled McDonalds milk shakes or Printer Ink, two products which have real market value.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:37:00PM | BRENT | 6502 | Success | ||||||||
| 11:39:18PM | GOLD | 3388.41 | 3343 | 3324 | 3302 | 3363 | 3390 | 3402 | 3454 | 3344 | Success |
| 11:44:53PM | FTSE | 8805 | |||||||||
| 10:53:49PM | STOX50 | 5383.8 | |||||||||
| 10:59:52PM | GERMANY | 24061.6 | ‘cess | ||||||||
| 11:04:07PM | US500 | 5931.6 | |||||||||
| 11:07:23PM | DOW | 42279.7 | |||||||||
| 11:10:37PM | NASDAQ | 21478.8 | 21123 | 20986 | 20804 | 21221 | 21537 | 21593 | 21782 | 21449 | ‘cess |
| 11:17:59PM | JAPAN | 37731 |
2/06/2025 FTSE Closed at 8774 points. Change of 0.02%. Total value traded through LSE was: £ 5,422,234,482 a change of -53.25%
30/05/2025 FTSE Closed at 8772 points. Change of 0.64%. Total value traded through LSE was: £ 11,598,431,042 a change of 144.4%
29/05/2025 FTSE Closed at 8716 points. Change of -0.11%. Total value traded through LSE was: £ 4,745,696,803 a change of -0.05%
28/05/2025 FTSE Closed at 8726 points. Change of -0.59%. Total value traded through LSE was: £ 4,748,118,751 a change of -20.39%
27/05/2025 FTSE Closed at 8778 points. Change of 0.7%. Total value traded through LSE was: £ 5,964,362,693 a change of -17.68%
23/05/2025 FTSE Closed at 8717 points. Change of -0.25%. Total value traded through LSE was: £ 7,245,191,684 a change of 42.4%
22/05/2025 FTSE Closed at 8739 points. Change of -100%. Total value traded through LSE was: £ 5,088,072,082 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:AAL Anglo American** **LSE:BT.A British Telecom** **LSE:DLG Direct Line Group** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **
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Updated charts published on : Anglo American, British Telecom, Direct Line Group, Fresnillo, ITM Power, Rolls Royce, Spirax,
LSE:AAL Anglo American Close Mid-Price: 2220 Percentage Change: -11.33% Day High: 2503.56 Day Low: 2143
Target met. Continued trades against AAL with a mid-price ABOVE 2240 shou ……..
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View Previous Anglo American & Big Picture ***
LSE:BT.A British Telecom Close Mid-Price: 179 Percentage Change: -0.25% Day High: 179.75 Day Low: 177.85
Further movement against British Telecom ABOVE 179.75 should improve acce ……..
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View Previous British Telecom & Big Picture ***
LSE:DLG Direct Line Group. Close Mid-Price: 303.4 Percentage Change: + 1.95% Day High: 304 Day Low: 299.8
In the event of Direct Line Group enjoying further trades beyond 304, the ……..
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View Previous Direct Line Group & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 1233 Percentage Change: + 6.02% Day High: 1246 Day Low: 1170
Target met. All Fresnillo needs are mid-price trades ABOVE 1246 to improv ……..
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View Previous Fresnillo & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 63.8 Percentage Change: + 12.32% Day High: 67.5 Day Low: 56.4
Target met. Continued trades against ITM with a mid-price ABOVE 67.5 shou ……..
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View Previous ITM Power & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 868.8 Percentage Change: + 0.30% Day High: 879.6 Day Low: 853.8
Continued trades against RR. with a mid-price ABOVE 879.6 should improve ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SPX Spirax Close Mid-Price: 5610 Percentage Change: -1.84% Day High: 5705 Day Low: 5580
Target met. If Spirax experiences continued weakness below 5580, it will ……..
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View Previous Spirax & Big Picture ***