#FTSE #Gold In the rusty climate which is Argyll, as a matter of course we replace the “lock nuts” on alloy wheels with standard nuts for the vehicle. It makes a lot of sense, due to the hassle involved when secure lock nuts seize up, along with the reality alloy wheels are no longer routinely stolen from cars, at least in Argyll. It’s almost funny an entire industry has spawned, producing tools to remove seized locking wheel nuts. But the motor industry as a whole continues to behave as if it’s 1985 with covetous desire for alloy wheels rather than 2026. The market for stolen alloy wheels has gone, vanishing with a similar faded attraction as the numbers we’ve been expressing as targets for the FTSE.
There’s a reason behind this particular comment, one of the lock nuts utterly seized on a VW which had a set of replacement, unfitted, nuts in the glove compartment. The car was driven to a local tyre shop who used a powered hammer device to remove the offending nut. And then, the dashboard lit up with errors, traction control, stability control, ABS, and tyre pressure sensors all showing as failed. The job had shattered a wheel bearing, giving a batch of errors the day before it was due to be MoT’d.
We’ve been continuously reworking our FTSE numbers and can now speculate an absolute maximum of 10,899 points as a target for the UK market. We cannot presently calculate anything above such a level, unless the UK market starts “gapping” the index upward at the market open. From most perspectives, the high of Thursday at 10,860 points was probably sufficiently close to our target, forcing us to speculate on potential drop potentials. About the only positive near term potential we can dare mention is the “threat” of gains above 10,860 points travelling to 10,888 points with our secondary, if bettered, at 10,899 points.
We cannot calculate above such a level presently, a fascinating reality for the FTSE. The next few days should be quite interesting from a nerds perspective as some turbulence feels possible.
If things intend go wrong, below 10,740 risks a visit down to an initial 10,.655 with our secondary, if broken, working out at 10,505.
Have a good weekend.

FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:25:03PM | BRENT | 7074.3 | 6915 | 6990 | 6846 | 7044 | 7233 | 7293 | 7419 | 7075 | Success |
| 11:27:25PM | GOLD | 5173.78 | 5095 | 5068 | 5007 | 5203 | 5252 | 5472 | 5828 | 5122 | |
| 11:36:47PM | FTSE | 10846.3 | 10788 | 10747 | 10706 | 10811 | 10872 | 10889 | 10893 | 10832 | ‘cess |
| 11:33:03PM | STOX50 | 6155.2 | 6142 | 6137 | 6116 | 6162 | 6182 | 6216 | 6243 | 6152 | |
| 11:35:38PM | GERMANY | 25259 | 25089 | 25042 | 24939 | 25178 | 25351 | 25477 | 25676 | 25243 | |
| 11:38:08PM | US500 | 6880.9 | 6859 | 6845 | 6804 | 6898 | 6913 | 6935 | 6960 | 6882 | Success |
| 11:42:09PM | DOW | 49211.3 | 49189 | 48955 | 48666 | 49369 | 49830 | 49880 | 50260 | 49366 | Shambles |
| 11:44:59PM | NASDAQ | 24956.3 | 24814 | 24724 | 24486 | 25047 | 25082 | 25278 | 25501 | 24934 | Success |
| 11:48:46PM | JAPAN | 58294 | 58208 | 57972 | 57282 | 58701 | 59204 | 59638 | 60110 | 58674 |
26/02/2026 FTSE Closed at 10846 points. Change of 0.37%. Total value traded through LSE was: £ 7,957,799,956 a change of -7.62%
25/02/2026 FTSE Closed at 10806 points. Change of 1.18%. Total value traded through LSE was: £ 8,613,928,989 a change of 413.26%
24/02/2026 FTSE Closed at 10680 points. Change of -0.04%. Total value traded through LSE was: £ 1,678,265,417 a change of -75.91%
23/02/2026 FTSE Closed at 10684 points. Change of -0.02%. Total value traded through LSE was: £ 6,967,110,577 a change of -9.04%
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% 
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:AML Aston Martin** **LSE:BT.A British Telecom** **LSE:ECO ECO (Atlantic) O & G** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:RR. Rolls Royce** **
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Updated charts published on : Aston Martin, British Telecom, ECO (Atlantic) O & G, Hikma, HSBC, British Airways, IQE, Rolls Royce,
LSE:AML Aston Martin Close Mid-Price: 48.1 Percentage Change: -12.94% Day High: 55.85 Day Low: 47.28
Target met. Continued weakness against AML taking the price below 47.28 c ……..
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View Previous Aston Martin & Big Picture ***
LSE:BT.A British Telecom Close Mid-Price: 207.9 Percentage Change: -2.49% Day High: 214.6 Day Low: 207.5
Continued trades against BT.A with a mid-price ABOVE 214.6 should improve ……..
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View Previous British Telecom & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 46 Percentage Change: + 6.48% Day High: 46.5 Day Low: 41.6
Continued trades against ECO with a mid-price ABOVE 46.5 should improve t ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1373 Percentage Change: -16.89% Day High: 1527 Day Low: 1353
Target met. Weakness on Hikma below 1353 will invariably lead to 1312p wi ……..
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View Previous Hikma & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 1398 Percentage Change: + 0.29% Day High: 1393.4 Day Low: 1364
Further movement against HSBC ABOVE 1393.4 should improve acceleration to ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 457.3 Percentage Change: + 2.51% Day High: 457.5 Day Low: 443.8
Target met. Further movement against British Airways ABOVE 457.5 should ……..
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View Previous British Airways & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 20 Percentage Change: + 24.84% Day High: 21.75 Day Low: 17
Target met. In the event of IQE enjoying further trades beyond 21.75, the ……..
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View Previous IQE & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 1352.5 Percentage Change: + 3.24% Day High: 1420 Day Low: 1359.5
Target met. All Rolls Royce needs are mid-price trades ABOVE 1420 to impr ……..
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View Previous Rolls Royce & Big Picture ***
