#Brent #SP500 Fans of James Bond nonsense will doubtless howl with impotence at the photograph below. This scruffy tractor, owned by a local sheep farmer here in our bit of Argyll, was used to haul a grass cutting deck, prepping the field for his very spoiled rare breed flock of fluffy sheep shaped clouds with horns. When he finished cutting the grass at the end of July, the main steering arm fell off and it has been sitting, quietly rusting, in the months since. For a few folk, the reason for the James Bond link is in big capital letters on the side of the engine covers. It is a David Brown tractor, this being the name of the heavy engineering company famed for taking over Aston Martin in 1947 and the reason the DB moniker still prefaces every single Aston Martin model code until this day, despite David Brown Engineering no longer being involved.
Amusingly, while our own little red tractor has a different lineage, our steering is also a pure sod, due to running into a tree stump, bending the same steering arm which is hanging down on this David Brown one. The sight of this rusting machine provides a daily reminder on my dog walks, that I really should do something about my own bent steering arm before it disconnects. At the bottom of our sloped grass, there’s a dramatic 3 foot drop onto concrete which requires an extremely sharp turn of the steering wheel to avoid. As my brakes are (once again) not working, losing steering at the bottom of a cut could become quite messy as old tractors also lack roll cages or seat belts. Of course, if I crashed the tractor, I’d immediately be under suspicion, due to really wanting to buy one of these remote controlled tank-tracked petrol powered lawnmowers from China. Maybe my wife is planning a cunning Xmas (just 80 days!) present.
This, obviously, brings us to Barclays as their share price fast approaching a point where it risks falling steeply onto the concrete… Except it probably isn’t.
To be fair, Barclays share price needs close a session below 305p before we’d dare feel it had fallen off a cliff. Instead, price movements are proving “fairly” positive, though more tentative than a Golden Retriever stalking a bit of cheese on the carpet!
Barclays share price, from our perspective, needed to close above 385p to justify setting off a party popper and raising an eyebrow. During September, it closed above this trigger level just once and now, the share has celebrated October by slithering above 385p to again move into the “triggered” area. If our suspicion proves correct – which visually it shall be – the next time Barclays closes solidly above 385p we should anticipate share price movement to an initial 401p and some very possible hesitation. It appears closure above 401p shall once again give a significant trigger level, allowing theoretical movement to an initial third level of 442p.
However, from a Big Picture perspective, there is a bigger deal rolling around in the mud as there’s a seriously strong chance where closure again above 385p (or 389p, the high closing price in September) should enter an amazing long term cycle to a future 540p with our Big Picture secondary, if bettered, an astounding 700p. To be blunt, we’d though folk trapped since 2007 existed in an zone, where they were doing the equivalent of waiting until a Government promise came true. For Barclays, the share price is right on the edge of allowing proper optimism, a truly strange opinion for the retail banking sector. Hopefully Barclays don’t find themselves in a scandal for supporting Palestine, Israel, BBC Children in Need, or the apparently abhorrent RNLI migrant taxi service. (Due to Maritime Agreements, once the rubber boats are in deeper than 1 metre of water in France, they are deemed as being as “at sea” and the RNLI feel justified in “saving” them, ferrying or towing the occupants to the UK. Perhaps not the best use of a funded charity service, due to creating the risk of real emergencies in UK waters without Lifeboat coverage as the crews are in France. Quite what the French rescue services are doing is questionable, as all they need is a knitting needle to stop the rubber boats placing themselves in danger.)
Obviously, things could go “a little bit bad” as the share price is certainly flirting with the concept of recovery. Currently, it needs wither below 373p to risk triggering reversals to an initial 359 with our secondary, if broken, at a bottom of 331p and a probable point of bounce by 331p.
This, safely above our danger level of 305p, essentially confirms our suspicion of a period of messing around until such time market confidence allows the retail banks to be fired from a clown canon.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 1:50:01AM | BRENT | 6431.9 | 6403 | 6309 | 6084 | 6670 | 6481 | 6504 | 6530 | 6457 |
| 1:54:47AM | GOLD | 3886.71 | ||||||||
| 3:46:53AM | FTSE | 9483.2 | ||||||||
| 10:51:09PM | DOW | 46833.1 | ||||||||
| 11:22:53PM | GERMANY | 24403 | ||||||||
| 11:12:56PM | STOX50 | 5652.7 | ||||||||
| 10:48:41PM | US500 | 6725.2 | 6705 | 6696 | 6677 | 6732 | 6728 | 6758 | 6821 | 6705 |
| 10:53:38PM | NASDAQ | 24842.1 | ||||||||
| 10:55:49PM | JAPAN | 48041 |
3/10/2025 FTSE Closed at 9491 points. Change of 0.68%. Total value traded through LSE was: £ 6,514,116,921 a change of 8.6%
2/10/2025 FTSE Closed at 9427 points. Change of -0.2%. Total value traded through LSE was: £ 5,998,175,981 a change of -12.05%
1/10/2025 FTSE Closed at 9446 points. Change of 1.03%. Total value traded through LSE was: £ 6,819,950,477 a change of -0.05%
30/09/2025 FTSE Closed at 9350 points. Change of 0.55%. Total value traded through LSE was: £ 6,823,355,297 a change of 26.57%
29/09/2025 FTSE Closed at 9299 points. Change of 0.16%. Total value traded through LSE was: £ 5,390,872,598 a change of -5.48%
26/09/2025 FTSE Closed at 9284 points. Change of 0.77%. Total value traded through LSE was: £ 5,703,129,904 a change of 4.79%
25/09/2025 FTSE Closed at 9213 points. Change of -0.4%. Total value traded through LSE was: £ 5,442,375,561 a change of -9.6% 
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:AFC AFC Energy** **LSE:AVCT Avacta** **LSE:HSBA HSBC** **LSE:IQE IQE** **LSE:MRO Melrose** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TSCO Tesco** **
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Updated charts published on : AFC Energy, Avacta, HSBC, IQE, Melrose, Scottish Mortgage Investment Trust, Tesco,
LSE:AFC AFC Energy. Close Mid-Price: 10 Percentage Change: + 1.83% Day High: 10.12 Day Low: 9.61
Further movement against AFC Energy ABOVE 10.12 should improve accelerati ……..
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View Previous AFC Energy & Big Picture ***
LSE:AVCT Avacta. Close Mid-Price: 70 Percentage Change: + 12.00% Day High: 70.5 Day Low: 63
Target met. Continued trades against AVCT with a mid-price ABOVE 70.5 sho ……..
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View Previous Avacta & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 1061.8 Percentage Change: + 1.74% Day High: 1064.4 Day Low: 1048.8
All HSBC needs are mid-price trades ABOVE 1064.4 to improve acceleration ……..
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View Previous HSBC & Big Picture ***
LSE:IQE IQE Close Mid-Price: 7.3 Percentage Change: -1.35% Day High: 7.52 Day Low: 7.3
If IQE experiences continued weakness below 7.3, it will invariably lead ……..
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View Previous IQE & Big Picture ***
LSE:MRO Melrose. Close Mid-Price: 643.4 Percentage Change: + 2.26% Day High: 649.8 Day Low: 630.4
Target met. All Melrose needs are mid-price trades ABOVE 649.8 to improve ……..
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View Previous Melrose & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 1144.5 Percentage Change: -0.56% Day High: 1159 Day Low: 1147
Continued trades against SMT with a mid-price ABOVE 1159 should improve t ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:TSCO Tesco Close Mid-Price: 448.7 Percentage Change: -0.82% Day High: 455.6 Day Low: 443.5
In the event of Tesco enjoying further trades beyond 455.6, the share sho ……..
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View Previous Tesco & Big Picture ***