#Brent #Dax It’s funny to think it was ‘only’ 19 years ago, when a bunch of analysts were confidently suggesting Barclays confident rise from just above 3 quid could continue, the troublesome 8 quid level probably becoming a historical footnote on what looked like a remorseless gain toward the 10 pound level. This was 2007, the share price within weeks of discovering gravity and commencing an unbelievable and cruel cycle which was to explore what would happen, if the price was to eventually hit the 60p level.
There are probably still people out there who bought into the fiction Barclays shares were “cheap” while they flirted with the 8 pound level, making an investment on the basis analysts knew what they were talking about. These days were truly horrendous to live through, the financial crash through to 2009 producing numbers we simply couldn’t conceive. Our software, back in the early days of trying to produce realistic targets, highlighted a potential 94p as an ultimate drop target, a price level below which we couldn’t produce any numbers without introducing minus signs.
Barclays were far from alone in this diabolical mess but one thing we’ve noticed in the years since. If a share price breaks our “Ultimate” drop target, it has a quite dreadful job in trying to recover until something major occurs, a news release involving discovering a goose and golden eggs. We note, with considerable scepticism, the current hype around AI essentially attempts to introduce a similar positive impossible concept.
We mention the foregoing, just as a reminder things can go horribly wrong, though there are currently NO signals any of the retail banking sector. It is still the case Barclays share price needs CLOSE a session below 389p to throw our optimism for the future into the bonfire of flammable dreams. It is currently the case, where weakness below 459 threatens to trigger reversal to an initial 437 with our secondary, if broken, at 393p and a very hopeful bounce. We’re painfully aware such a ridiculous secondary target is dangerously close to our danger level of 389p.
However, from a current perspective, we suspect movement above 487p should be useful, ideally triggering a cycle of further gains to an initial 529p with our secondary, if bettered, at 558p, a price level at which we now anticipate some hesitation. While the Big Picture places the share on a theoretical cycle to 704p, we shall be quite nervous if it ever makes it above 558p.
Finally, we’ve been fascinated at the efforts of a couple from London who’ve left the city and are attempting to to build a home in the local highlands. This weeks YouTube diary entry had amusing complaints. Apparently it is either too wet to do anything or, too cold as the ground freezes solid. And rigging tarpaulin covers to create dry work areas is impossible, due to wind. Basically, Scotland can stink for 8 months of the year. Buying property, due to mistaken impressions while on holiday, can be an error capable of eating the soul. While perhaps a little pathetic, it’s funny and enjoyable watching a young couple discover reality.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:50:20PM | BRENT | 7118.9 | 6960 | 6898 | 6802 | 7149 | 7274 | 7385 | 7891 | 6734 |
| 9:53:03PM | GOLD | 5106.68 | ||||||||
| 9:56:33PM | FTSE | 10720.3 | ||||||||
| 11:22:54PM | STOX50 | 6132.8 | ||||||||
| 11:26:18PM | GERMANY | 25159.7 | 25000 | 24956 | 24828 | 25143 | 25334 | 25392 | 25532 | 25177 |
| 11:29:15PM | US500 | 6874.2 | ||||||||
| 11:31:07PM | DOW | 49430.4 | ||||||||
| 11:39:16PM | NASDAQ | 24838.3 | ||||||||
| 11:41:29PM | JAPAN | 56621 |
20/02/2026 FTSE Closed at 10686 points. Change of 0.56%. Total value traded through LSE was: £ 7,659,209,162 a change of -16.29%
19/02/2026 FTSE Closed at 10627 points. Change of -0.55%. Total value traded through LSE was: £ 9,149,830,600 a change of 23.38%
18/02/2026 FTSE Closed at 10686 points. Change of 1.23%. Total value traded through LSE was: £ 7,416,218,337 a change of 13.36%
17/02/2026 FTSE Closed at 10556 points. Change of 0.79%. Total value traded through LSE was: £ 6,541,923,736 a change of 30.7%
16/02/2026 FTSE Closed at 10473 points. Change of 0.26%. Total value traded through LSE was: £ 5,005,351,962 a change of -53.38%
13/02/2026 FTSE Closed at 10446 points. Change of 0.42%. Total value traded through LSE was: £ 10,736,069,118 a change of 25.25%
12/02/2026 FTSE Closed at 10402 points. Change of -0.67%. Total value traded through LSE was: £ 8,571,766,423 a change of 6.33% 
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:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:BME B & M** **LSE:ECO ECO (Atlantic) O & G** **LSE:FOXT Foxtons** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **LSE:WG. Wood Group** **
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Updated charts published on : AFC Energy, Aston Martin, BALFOUR BEATTY, B & M, ECO (Atlantic) O & G, Foxtons, Rolls Royce, Star Energy, Wood Group,
LSE:AFC AFC Energy. Close Mid-Price: 14.84 Percentage Change: + 9.93% Day High: 15 Day Low: 13.5
Target met. In the event of AFC Energy enjoying further trades beyond 15, ……..
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View Previous AFC Energy & Big Picture ***
LSE:AML Aston Martin Close Mid-Price: 58.75 Percentage Change: -1.43% Day High: 59.8 Day Low: 57
If Aston Martin experiences continued weakness below 57, it will invariab ……..
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View Previous Aston Martin & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 775.5 Percentage Change: + 0.85% Day High: 781.5 Day Low: 773.5
Continued trades against BBY with a mid-price ABOVE 781.5 should improve ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BME B & M Close Mid-Price: 186.05 Percentage Change: -0.72% Day High: 190.2 Day Low: 184.75
Target met. Further movement against B & M ABOVE 192 should improve accel ……..
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View Previous B & M & Big Picture ***
LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 38.5 Percentage Change: -0.77% Day High: 39 Day Low: 37.5
Further movement against ECO (Atlantic) O & G ABOVE 39 should improve acc ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 49.1 Percentage Change: -1.41% Day High: 49.8 Day Low: 48.35
In the event Foxtons experiences weakness below 48.35 it calculates with ……..
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View Previous Foxtons & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 1336 Percentage Change: + 0.91% Day High: 1351 Day Low: 1324
Further movement against Rolls Royce ABOVE 1351 should improve accelerati ……..
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View Previous Rolls Royce & Big Picture ***
LSE:STAR Star Energy. Close Mid-Price: 14 Percentage Change: + 7.69% Day High: 14.5 Day Low: 12.75
Target met. All Star Energy needs are mid-price trades ABOVE 14.5 to impr ……..
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View Previous Star Energy & Big Picture ***
LSE:WG. Wood Group. Close Mid-Price: 26.88 Percentage Change: + 0.67% Day High: 27.1 Day Low: 26.8
Further movement against Wood Group ABOVE 27.1 should improve acceleratio ……..
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View Previous Wood Group & Big Picture ***