#Brent #Dax Last week saw heads explode everywhere, Lloyds Bank share price deciding to drop 5.6% on the news the BoE decided to keep interest rates unchanged! Surely this should have been positive news for bank shares as the can continue to make profits which could easily be described as “windfall”, the sort of thing which generally attracts a smash and grab from the insatiable UK tax authorities. But the market opted to hammer the bank shares, the lack of change with interest rates doing nothing for the UK economy, employment rates, or a stagnant housing market. Perhaps the reality of the Retail Bank, primarily focussed on the UK, suffering due to BoE adherence to a failed economic policy.
There are a few other issues bothering us. When we reviewed Lloyds three weeks ago, we started with an attempt to shorten our article, simply stating above 104 should trigger an initial 113p with our secondary, if bettered, at 122p. The movement to 113p obviously triggered but crucially, the share price failed to close above 113p and this generated an immediate worry from our perspective. Essentially, until such time the share value closes above 113p, any ambitions toward our secondary at 122p (and above) dare not be entertained.
If we’re searching for more problems, Lloyds share price need only slip below the recent low of 105.7p to risk triggering reversals to an initial 99p which looks fairly certain to provoke some sort of bounce. But if the share price makes it below 99p, a visit to a probable bottom of 95p looks strangely confident.
An alternate, less likely, immediate scenario demands Lloyds price exceed 108.8p to provide a lift to an initial 112.5 with our secondary, if bettered, at 117p, once again placing the share price at risk of finding an attraction from our 122p.
Our suspicion, instead, anticipates Lloyds falling to the 99p, then experiencing a quite positive bounce, potentially aiming for our 117p in a series of strong movements, once again placing the share in position for happier days ahead in the longer term. Perhaps, if the BoE does something positive with interest rates in their next coffee morning in 6 weeks time, Lloyds shall find itself motivated to become useful and interesting.
FUTURES
FUTURES
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
|
11:12:33PM |
BRENT |
6744 |
6640 |
6559 |
6425 |
6780 |
6865 |
6921 |
7014 |
6755 |
|
11:19:39PM |
GOLD |
5020.01 |
||||||||
|
11:24:15PM |
FTSE |
10414 |
||||||||
|
11:27:19PM |
STOX50 |
6013.5 |
||||||||
|
11:29:36PM |
GERMANY |
24782.7 |
24386 |
24266 |
24067 |
24687 |
24863 |
24968 |
25222 |
24693 |
|
11:31:33PM |
US500 |
6947.3 |
||||||||
|
11:34:11PM |
DOW |
50219.1 |
||||||||
|
11:38:44PM |
NASDAQ |
25148.7 |
||||||||
|
11:40:22PM |
JAPAN |
56620 |
53000 |
51248 |
48799 |
53997 |
58595 |
No |
idea |
|
6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%
5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%
4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%
3/02/2026 FTSE Closed at 10314 points. Change of -0.26%. Total value traded through LSE was: £ 8,436,122,979 a change of -7.8%
2/02/2026 FTSE Closed at 10341 points. Change of 1.15%. Total value traded through LSE was: £ 9,149,750,720 a change of 23.3%
30/01/2026 FTSE Closed at 10223 points. Change of 0.51%. Total value traded through LSE was: £ 7,420,952,174 a change of -6.19%
29/01/2026 FTSE Closed at 10171 points. Change of 0.17%. Total value traded through LSE was: £ 7,910,853,503 a change of 7.47% 
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
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Updated charts published on :