#Brent #DaxThe area in which share prices makes sense varies. If you imagine a room with two doors, some days you can enter that room and find the other door is pretty far away. Other days you could enter that room and find the other door is just a step away. The two doors represent the opportunity for rises or the opportunity for reversals and the room contains a bunch of folk wandering around, trying to figure out which door to go through. Presently, the uncertain situation in the Middle East has (from our perspective) created a very big room with little certainty as to the true market direction. When the FTSE experiences a 3%+ day of trading and some components of the FTSE 100 enjoying what sounded like substantial gains. Unfortunately, from our jaundiced stance, despite the likes of Rolls Royce experiencing a near 12% rise, our logic demands we regard the share price as simply messing around, rather than broadcasting any real signs. (Spoiler Alert: We think RR now intends another rising cycle.)
It’s a dangerous situation, where opting for a LONG position could leave traders walking like John Wayne in an instant. Or a SHORT position has the potential to provoke a trader to walk like The Prince formerly known as Andrew, when he sees a reporter with a camera.
One of our Big Deal indicators relates to what occurs, after a share price exceeds the level of a trend break. In the case of Rolls, they broke the RED trend at 1,232p and were obviously doomed thereafter. However, the share price “only” fell to 1079p and has since recovered a bit. More importantly, the market opted to gap the price up, once again into the realms of the Red uptrend and giving substantial hope. Our conventional arithmetic now suggests above 1283p should target near term share price growth to an initial 1344p with our secondary, if bettered, at 1431p. This secondary is all important, giving the share price the opportunity to close above the previous all time high of 1420p back in February and thus, create a further rising cycle.
But the visuals indicate we should expect some sort of hesitation at our 1431 ambition, doubtless due the perceived appearance of a Glass Ceiling on charts, a supposition which will ignore a surprising longer term influence at 1,650p and a pretty nice headline.
Should things intend go wrong for Rolls Royce, below 1,198p risks triggering reversals down to an initial 1,099p with our secondary, if broken, at 992p.
But perhaps rumours of the UK Government choosing to sell some Rolls Royce powered Harrier jets to Iran, collecting tolls on Hormuz and interdict those skipping commercial piracy. It’s almost similar to Ulez charges in the UK, where traffic is charged to enter an area, where there is absolutely no improvement in the flow of such traffic. Usually, quite the opposite.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:39:12PM | BRENT | 9402.6 | 8748 | 8598 | 7580 | 9426 | 9448 | 9604 | 9887 | 9101 | Success |
| 11:45:55PM | GOLD | 4713.35 | Success | ||||||||
| 11:48:46PM | FTSE | 10637.3 | Success | ||||||||
| 12:05:03AM | STOX50 | 5893.5 | Success | ||||||||
| 12:10:17AM | GERMANY | 23896 | 23959 | 23751 | 23571 | 24050 | 24246 | 24370 | 25200 | 23925 | Success |
| 12:12:23AM | US500 | 6770 | ‘cess | ||||||||
| 12:19:21AM | DOW | 47849 | ‘cess | ||||||||
| 12:22:11AM | JAPAN | 55836 | Success |
8/04/2026 FTSE Closed at 10608 points. Change of 2.51%. Total value traded through LSE was: £ 10,752,106,847 a change of 44.19%
7/04/2026 FTSE Closed at 10348 points. Change of -0.84%. Total value traded through LSE was: £ 7,456,687,194 a change of 2.69%
2/04/2026 FTSE Closed at 10436 points. Change of 0.69%. Total value traded through LSE was: £ 7,261,693,815 a change of -29.12%
1/04/2026 FTSE Closed at 10364 points. Change of 1.85%. Total value traded through LSE was: £ 10,245,214,633 a change of 9.62%
31/03/2026 FTSE Closed at 10176 points. Change of 0.48%. Total value traded through LSE was: £ 9,345,809,311 a change of 18.6%
30/03/2026 FTSE Closed at 10127 points. Change of -100%. Total value traded through LSE was: £ 7,880,014,253 a change of 0%
27/03/2026 FTSE Closed at 9967 points. Change of 0%. Total value traded through LSE was: £ 6,831,266,544 a change of 0% 
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:BBY BALFOUR BEATTY** **LSE:MKS Marks and Spencer** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **
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Updated charts published on : BALFOUR BEATTY, Marks and Spencer, S4 Capital, Scottish Mortgage Investment Trust,
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 824.5 Percentage Change: + 5.37% Day High: 831 Day Low: 806.5
Target met. Continued trades against BBY with a mid-price ABOVE 831 shoul ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 364.05 Percentage Change: + 6.54% Day High: 370.1 Day Low: 359.05
Further movement against Marks and Spencer ABOVE 370.1 should improve acc ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:SFOR S4 Capital. Close Mid-Price: 34.95 Percentage Change: + 10.08% Day High: 35.5 Day Low: 33.4
Continued trades against SFOR with a mid-price ABOVE 35.5 should improve ……..
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View Previous S4 Capital & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1372.5 Percentage Change: + 6.77% Day High: 1399.5 Day Low: 1356
Target met. Further movement against Scottish Mortgage Investment Trust A ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***