#Gold #SP500 In recent weeks, a few “analysts” have been pushing British Airways owner IAG as a “buy” with what they claim to be significant upside. However, thanks to the outbreak of hostilities in the Middle East, it now longer looks like any sort of sure thing, quite the converse in fact. With airspace closed due to Iran attacks, an important profit centre faces loss of income until things are sorted out, a sharp balance against their recent record financial results.
The harsh reality of the Iran war has dumped the share price below the immediate uptrend (circled) with some dangerous (or perhaps interesting) potential for further reversals. There are a couple of numbers worth keeping in mind as they’re going to assume some importance in the days/weeks ahead;
If the drop is going to give the first indication of it being a “fake”, above 426p shall be regarded as a fairly important signal to anticipate a cycle of gains.
Alternately, 344p – the Blue breakout level – should highlight the potential for further weakness in the share price, this appearing to be the immediate excuse for some concern.
Should the share price wander below 370p, reversal down to an initial 339p calculates as possible with our secondary, if broken, at a hopeful “bottom” by 304p. Visually, such a price level would establish an excellent point for a bounce, despite the Big Picture suggesting an eventual 271p could present itself as exerting an attraction. This scenario is obviously important, risking reversals below the critical 344p breakout level!
However, the share price ‘only’ needs above 426p to introduce a chance of happy days ahead, giving the potential to trigger a visit to 475p with our secondary, if exceeded, at 499p, the Big Picture claiming the value to be in the thrall of a distant 602p.
It is all a little bit confusing but we suspect IAG intends a bottom briefly at 339p. Hopefully, once the USA starts to flex its control of oil prices, thanks to recently acquiring control of Venezuela oil, we can only smile at the discomfort of a famous Venezuelan football (Carlos Sanz) who had to flee Iran at the outbreak of hostile behaviour. Perhaps he should pursue a career in the arms industry as a consultant, or maybe seek a position playing for Greenland…
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:17:46PM | BRENT | 7789.9 | Success | ||||||||
| 11:21:41PM | GOLD | 5354.08 | 5261 | 5227 | 5164 | 5321 | 5416 | 5465 | 5533 | 5341 | |
| 11:24:13PM | FTSE | 10781.1 | Success | ||||||||
| 11:26:14PM | STOX50 | 5984.2 | Success | ||||||||
| 11:29:53PM | GERMANY | 24618.7 | |||||||||
| 11:32:56PM | US500 | 6860.2 | 6854 | 6846 | 6805 | 6885 | 6901 | 6933 | 6991 | 6848 | Success |
| 11:35:43PM | DOW | 48776.7 | ‘cess | ||||||||
| 11:50:22PM | NASDAQ | 24891.5 | |||||||||
| 11:52:23PM | JAPAN | 57353 | ‘cess |
2/03/2026 FTSE Closed at 10780 points. Change of -1.19%. Total value traded through LSE was: £ 9,768,828,981 a change of -37.65%
27/02/2026 FTSE Closed at 10910 points. Change of 0.59%. Total value traded through LSE was: £ 15,667,378,118 a change of 96.88%
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% 
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:BME B & M** **LSE:BP. BP PLC** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:NG. National Glib** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Aston Martin, B & M, BP PLC, Centrica, ECO (Atlantic) O & G, EasyJet, Glencore Xstra, Hikma, IG Group, IQE, National Glib, Oxford Nanopore Tech, Oxford Instruments, Parkmead, Tullow, The Trainline, Taylor Wimpey,
LSE:AML Aston Martin Close Mid-Price: 43.38 Percentage Change: -6.31% Day High: 45.88 Day Low: 42.62
Weakness on Aston Martin below 42.62 will invariably lead to 38p with sec ……..
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View Previous Aston Martin & Big Picture ***
LSE:BME B & M Close Mid-Price: 189.84 Percentage Change: -0.61% Day High: 197 Day Low: 184
Continued trades against BME with a mid-price ABOVE 197 should improve th ……..
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View Previous B & M & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 487.85 Percentage Change: + 2.14% Day High: 508.2 Day Low: 482.85
Target met. All BP PLC needs are mid-price trades ABOVE 508.2 to improve ……..
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View Previous BP PLC & Big Picture ***
LSE:CNA Centrica Close Mid-Price: 196.7 Percentage Change: -1.23% Day High: 202.1 Day Low: 194.75
In the event of Centrica enjoying further trades beyond 202.1, the share ……..
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View Previous Centrica & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 45.8 Percentage Change: + 2.69% Day High: 48.7 Day Low: 44.9
Further movement against ECO (Atlantic) O & G ABOVE 48.7 should improve a ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:EZJ EasyJet Close Mid-Price: 450 Percentage Change: -3.02% Day High: 451.9 Day Low: 430.3
Weakness on EasyJet below 430.3 will invariably lead to 416 with our seco ……..
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View Previous EasyJet & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 534.4 Percentage Change: + 0.07% Day High: 546.4 Day Low: 529.2
Target met. All Glencore Xstra needs are mid-price trades ABOVE 546.4 to ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1249 Percentage Change: -4.95% Day High: 1289 Day Low: 1236
Target met. In the event Hikma experiences weakness below 1236 it calcula ……..
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View Previous Hikma & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 1335 Percentage Change: + 2.61% Day High: 1334 Day Low: 1261
Target met. If IG Group experiences continued weakness below 1261, it wil ……..
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View Previous IG Group & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 25.6 Percentage Change: + 34.74% Day High: 26.5 Day Low: 16.86
Target met. All IQE needs are mid-price trades ABOVE 26.5 to improve acce ……..
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View Previous IQE & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1400 Percentage Change: + 0.65% Day High: 1428.5 Day Low: 1382
Target met. In the event of National Glib enjoying further trades beyond ……..
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View Previous National Glib & Big Picture ***
LSE:ONT Oxford Nanopore Tech Close Mid-Price: 114.7 Percentage Change: -13.82% Day High: 131.2 Day Low: 106
Target met. Continued weakness against ONT taking the price below 106 cal ……..
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View Previous Oxford Nanopore Tech & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 2645 Percentage Change: + 0.19% Day High: 2695 Day Low: 2575
Continued trades against OXIG with a mid-price ABOVE 2695 should improve ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:PMG Parkmead. Close Mid-Price: 22.5 Percentage Change: + 7.14% Day High: 22.5 Day Low: 21.5
All Parkmead needs are mid-price trades ABOVE 22.5 to improve acceleratio ……..
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View Previous Parkmead & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 12.78 Percentage Change: + 19.89% Day High: 13.86 Day Low: 11.52
Target met. Further movement against Tullow ABOVE 13.86 should improve ac ……..
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View Previous Tullow & Big Picture ***
LSE:TRN The Trainline Close Mid-Price: 185.6 Percentage Change: -4.97% Day High: 196.9 Day Low: 184.7
Target met. Weakness on The Trainline below 184.7 will invariably lead to ……..
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View Previous The Trainline & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 110.2 Percentage Change: -2.52% Day High: 112.15 Day Low: 109.8
Moves now above 117 should bring a visit to an initial 124 with secondary ……..
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View Previous Taylor Wimpey & Big Picture ***