Barclays Plc (LSE:BARC) A party spoiled by fireworks?

#BrentCude #DAX   An interesting weekend was punctuated with a massive explosion… With the weekend starting by the USA laying on a free fireworks show for Iran, a day of brilliant weather here in Argyll made it easy to forget a nuclear power had just bombed a potential nuclear power. This sort of thing always bothers us a little, thanks to Europe’s secret nuclear weapon store residing just a few miles away from our home, the mountain in the back garden giving some illusory protection. A few weeks ago, when India and Pakistan were barking at each other like two dogs over a garden wall, there was a noticeable increase in military aircraft activity as heavy helicopters were flying low overhead for whatever reason. Despite actions of the USA in Iran, we’ve not been bothered by aircraft activity this weekend, at least until 1am on Sunday morning.

The rains had, as promised, commenced just after midnight, the build up to biblical levels of rainfall not being a surprise but the sudden crack of very local thunder directly overhead was a true shock, the house literally shaking. Never having experienced such a close invisible lightening strike, the first thought jumped directly to something going wrong at the local nuclear weapon shoppe. With a realisation there had been absolutely no change in the noisy rainfall, it was with some relief we concluded it was “just” thunder and relaxed, mentally grateful for the excuse to stop playing Cluedo and sneaking too much red wine (grandchildren visiting) and go to bed.

Here in Argyll, we’re not programmed to cope with temperatures in the 20’s and with the car dashboard boasting of 26.5c, considerable relief welcomed the change in weather. However, Sunday temperatures took some getting used to, the dashboard now reading 13.5c and a breeze taking another 5c off that number. We always joke about our summer being May & June, the torrential rain hinting July is limbering up to ruin the rest of the summer.

 

There’s been a lot of speculation over the weekend the US’s tantrum in Iran shall freak the markets, cause a crash, explode the price of oil, and force European leaders to choose a side. And of course, the media are bathing in a threat of “the enemy within” immigrants being activated to react against “the great Satan”. It’s all very exciting, though unfortunately still reminiscent of the original “may contain weapons of mass destruction” excuses to justify previous wars!

Barclays, presently trading around 324p, has developed a pretty confident trigger point for recovery at 334p. Essentially, closure above such a level will ensure we start confidently promoting the idea of movement to an initial 371p with our longer term secondary, if bettered, at 394p. This secondary is a big deal, dumping the price into a region where a big picture longer term of 508p shall be viewed as exerting an influence.

Alternately, if the speculation of an immediate market panic proves to have any foundation, below 310p could prove a little scary, allowing reversals to an initial 255p with secondary, if broken, at 242p and hopefully a solid rebound…

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
2:06:25AM BRENT 7615.8 7444 7352 7198 7627 7816 8270 9083 7022
3:20:58AM GOLD 3368
9:50:12PM FTSE 8746.5
10:18:23PM STOX50 5217
10:20:50PM GERMANY 23282 23280 23195 23098 23330 23404 23524 23596 23317
10:24:51PM US500 5973.5
10:27:47PM DOW 42250.8
10:36:57PM NASDAQ 21652
10:39:46PM JAPAN 38401

 

20/06/2025 FTSE Closed at 8774 points. Change of -0.19%. Total value traded through LSE was: £ 13,804,431,161 a change of 245.4%
19/06/2025 FTSE Closed at 8791 points. Change of -0.59%. Total value traded through LSE was: £ 3,996,665,836 a change of -22.28%
18/06/2025 FTSE Closed at 8843 points. Change of 0.1%. Total value traded through LSE was: £ 5,142,450,151 a change of -29%
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%

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:DGE Diageo** **LSE:GRG Greggs** **LSE:MRO Melrose** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **

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Updated charts published on : Anglo American, Diageo, Greggs, Melrose, Serco, Standard Chartered, Tesco,


LSE:AAL Anglo American Close Mid-Price: 2012 Percentage Change: -0.35% Day High: 2049.5 Day Low: 2016

Target met. In the event Anglo American experiences weakness below 2016 i ……..

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LSE:DGE Diageo Close Mid-Price: 1881 Percentage Change: -0.74% Day High: 1918.5 Day Low: 1876

If Diageo experiences continued weakness below 1876, it will invariably l ……..

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LSE:GRG Greggs Close Mid-Price: 1904 Percentage Change: -0.05% Day High: 1916 Day Low: 1892

If Greggs experiences continued weakness below 1892, it will invariably l ……..

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LSE:MRO Melrose. Close Mid-Price: 517.2 Percentage Change: + 3.59% Day High: 525.4 Day Low: 504.2

Target met. In the event of Melrose enjoying further trades beyond 525.4, ……..

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LSE:SRP Serco. Close Mid-Price: 198.4 Percentage Change: + 0.35% Day High: 201 Day Low: 197

All Serco needs are mid-price trades ABOVE 201 to improve acceleration to ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1178.5 Percentage Change: + 2.26% Day High: 1198 Day Low: 1172

Continued trades against STAN with a mid-price ABOVE 1198 should improve ……..

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LSE:TSCO Tesco Close Mid-Price: 402 Percentage Change: -0.05% Day High: 405.2 Day Low: 401.6

Continued trades against TSCO with a mid-price ABOVE 405.2 should improve ……..

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*** End of “Updated Today” comments on shares

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