#FTSE #Stoxx50 We remain with a soft spot for Hong Kong & Shanghai Banking Corporation (HSBC). The reason is fairly basic, the company formed by a Scottish chap anxious to produce a company capable of operating on “sound Scottish banking principles”. They were also, almost as an afterthought, eager to profit off the drug trade, especially opium, but also happy to finance the flow of cheap goods and merchandise from China to the rest of the British empire. While so called “sound Scottish banking principles” vanished in the bonfire which immolated Royal Bank of Scotland in 2009, the sector had been fooling the entire world, based on the reputation of folk who are long gone. It’s unlikely Fred Goodwin will have any roads named after him, unlike his predecessors in RBS and HSBC.
On the subject of roads, we’ve a spectacular event locally this weekend, the Argyll town of Dunoon attempting to mimic Monte Carlo while it hosts the final stage of the Argyll Rally on public roads in the town centre.
Hopefully we’re able to attend and take some snapshots, especially of the full speed blast the wrong way down the towns high street. As the photo below highlights, the local boy racer fraternity already are embracing the concept of racing on the edge. Not shown in this snapshot is an utterly furious looking mother, along with a downcrest teenager, while they admire the burnt out vehicle suspended in small trees at the edge of a local forest. He had lost control on a straight road… Presumably the teenager will use the patented local lie; “A deer jumped in front of me”. It’s an excuse impossible to disprove, once even used by our own daughter when she wrote off her Toyota RAV4.
As for HSBC, their share price is driving us a little nuts. A couple of positives, the share is now trading firmly above the price level before the man made artificial Covid-19 reversals of 2020. Despite the banking share experiencing movements last April which were strangely reminiscent of that awful year, share price movements recently seem to be quietly implying we should anticipate some further gains in 2025. It is certainly the case HSBC share price needs close a session below 709p to bring panic, the visuals imparting a surprising degree of confidence.
Now above 890p should prove quite significant, hopefully triggering share price movements to an initial 1064p. If exceeded, our secondary calculates at a future 1095p, the close proximity of these target levels bringing a subliminal suggestion we should anticipate some hesitation there’s any risk of the share price soaring gleefully into the land of higher highs.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:53:29PM | BRENT | 7642.2 | Success | ||||||||
| 10:57:43PM | GOLD | 3387.74 | |||||||||
| 11:00:25PM | FTSE | 8840.3 | 8807 | 8796 | 8760 | 8844 | 8863 | 8884 | 8908 | 8832 | |
| 11:04:01PM | STOX50 | 5260.9 | 5256 | 5235 | 5199 | 5274 | 5311 | 5325 | 5348 | 5283 | |
| 11:06:20PM | GERMANY | 23277 | |||||||||
| 11:09:48PM | US500 | 5973.4 | ‘cess | ||||||||
| 11:12:37PM | DOW | 42172.3 | ‘cess | ||||||||
| 11:14:33PM | NASDAQ | 21686 | |||||||||
| 11:16:30PM | JAPAN | 38190 |
17/06/2025 FTSE Closed at 8834 points. Change of -0.46%. Total value traded through LSE was: £ 7,242,544,038 a change of 37.46%
16/06/2025 FTSE Closed at 8875 points. Change of 0.28%. Total value traded through LSE was: £ 5,269,012,608 a change of 2.72%
13/06/2025 FTSE Closed at 8850 points. Change of -0.38%. Total value traded through LSE was: £ 5,129,702,776 a change of -3.74%
12/06/2025 FTSE Closed at 8884 points. Change of 0.23%. Total value traded through LSE was: £ 5,329,195,268 a change of 0.82%
11/06/2025 FTSE Closed at 8864 points. Change of 0.12%. Total value traded through LSE was: £ 5,285,640,035 a change of 1.8%
10/06/2025 FTSE Closed at 8853 points. Change of 0.24%. Total value traded through LSE was: £ 5,192,375,156 a change of 15.94%
9/06/2025 FTSE Closed at 8832 points. Change of -0.06%. Total value traded through LSE was: £ 4,478,322,268 a change of 1.25% 
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:CAR Carclo** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:GRG Greggs** **LSE:TLW Tullow** **
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Updated charts published on : Carclo, Capita, Diageo, Greggs, Tullow,
LSE:CAR Carclo. Close Mid-Price: 44 Percentage Change: + 4.76% Day High: 43.8 Day Low: 41.5
Target met. Further movement against Carclo ABOVE 43.8 should improve acc ……..
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View Previous Carclo & Big Picture ***
LSE:CPI Capita. Close Mid-Price: 265 Percentage Change: + 6.21% Day High: 269.5 Day Low: 238.5
Continued trades against CPI with a mid-price ABOVE 269.5 should improve ……..
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View Previous Capita & Big Picture ***
LSE:DGE Diageo. Close Mid-Price: 1913 Percentage Change: + 0.37% Day High: 1910 Day Low: 1890
Weakness on Diageo below 1890 will invariably lead to 1875p with secondar ……..
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View Previous Diageo & Big Picture ***
LSE:GRG Greggs Close Mid-Price: 1939 Percentage Change: -0.62% Day High: 1955 Day Low: 1928
In the event Greggs experiences weakness below 1928 it calculates with a ……..
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View Previous Greggs & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 21.4 Percentage Change: + 4.90% Day High: 21.5 Day Low: 19.74
Continued trades against TLW with a mid-price ABOVE 21.5 should improve t ……..
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View Previous Tullow & Big Picture ***