#FTSE #Nasdaq A bunch of enquiries for our opinion on Mercantile justified a look at what’s going on. We smiled at the animation on the home page of Mercantile Ports, showing a busy Karanja Port looking busy without a single Lego figure wearing a Day-Glo jacket strutting about with a clipboard. A degree of sarcasm is justified, the animation completing with a red flatbed truck being loaded with something. It was telling this final animation had the text reversed, a common strategy to ensure the fact a video clip pinched from somewhere else could escape copyright issues. If the text was the correct way around, any image search would quickly reveal the real designer was robbed of royalty payments for the use of his work. (image shown below)
If the company are being so “cheap”, it also made us question why they simply didn’t use real working images of a port? Every time we go across to the mainland and drive past the cargo port, most of these animation scenes are happening in real time, perfectly visible while our local council roadwork’s are creating more potholes and slow traffic, their cure being to reduce the speed limit to 20mph!
Mercantile appear to be enjoying a series of useful share price recovery spurts, a glance at Google News revealing the company intend to fully repay their debt, along with stepping up to regain control of its Karanja terminal asset in Western India. Quite a lot appears to be happening behind the scenes, doubtless provoking insane levels of discussion among Internet chatter forums. We’ve invented a Blue downtrend since 2021 which may prove to be accurate but we’re not entirely sure. It creates a situation where anything now above 3.07p should perhaps trigger recovery to an initial 4.1p with our longer term secondary, if bettered, at 5.5p. This secondary could prove to be important as Mercantile share price needs close above 5p to indicate game changing potentials for the Big Picture as we can calculate a distant sounding 10.2p should be producing an attraction.
As always, we’ve an alternate scenario, if things intend go wrong. Below 1.6p risks triggering reversal to an initial 1.17p with our secondary, if broken, a messy looking 0.5p and a return to the malaise being experienced since the end of 2025.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 8:45:27PM | BRENT | 9138.2 | ‘cess | ||||||||
| 9:29:47PM | GOLD | 4845.27 | ‘cess | ||||||||
| 9:32:06PM | FTSE | 10620.8 | 10569 | 10538 | 10503 | 10613 | 10642 | 10647 | 10698 | 10602 | |
| 9:34:02PM | STOX50 | 5984.4 | |||||||||
| 9:36:24PM | GERMANY | 24041.9 | ‘cess | ||||||||
| 10:00:27PM | US500 | 6967 | Success | ||||||||
| 10:03:23PM | DOW | 48571.5 | ‘cess | ||||||||
| 10:07:52PM | NASDAQ | 25823.5 | 25404 | 25273 | 25082 | 25478 | 25846 | 26178 | 27119 | 25690 | ‘cess |
| 10:11:46PM | JAPAN | 58721 | 57367 | 56770 | 56074 | 57904 | 58787 | 58917 | 59832 | 57781 |
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%
13/04/2026 FTSE Closed at 10582 points. Change of -0.17%. Total value traded through LSE was: £ 6,248,149,769 a change of -33.03%
10/04/2026 FTSE Closed at 10600 points. Change of -0.03%. Total value traded through LSE was: £ 9,329,891,860 a change of 42.46%
9/04/2026 FTSE Closed at 10603 points. Change of -0.05%. Total value traded through LSE was: £ 6,549,262,704 a change of -39.09%
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 -100%. Total value traded through LSE was: £ 7,456,687,194 a change of 0%
2/04/2026 FTSE Closed at 10436 points. Change of 0%. Total value traded through LSE was: £ 7,261,693,815 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:BLOE Block Energy PLC** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **
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Updated charts published on : Block Energy PLC, Glencore Xstra, IG Group, ITM Power, Oxford Instruments,
LSE:BLOE Block Energy PLC. Close Mid-Price: 1.55 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. Further movement against Block Energy PLC ABOVE 1.75 should i ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 562.6 Percentage Change: + 0.00% Day High: 0 Day Low: 0
All Glencore Xstra needs are mid-price trades ABOVE 577.60 to improve acc ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 1518 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued trades against IGG with a mid-price ABOVE 1519 should improve t ……..
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View Previous IG Group & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 93 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. Further movement against ITM Power ABOVE 94.15 should improve ……..
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View Previous ITM Power & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 2792 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. In the event of Oxford Instruments enjoying further trades be ……..
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View Previous Oxford Instruments & Big Picture ***