Author: T&T Staff

#Brent #SP500 In our last report on Natwest back toward the end of January, we speculated on the potential of 702p making an appearance, something which happily occurred. In the period since, the market has opted to “celebrate” Natwest pocketing a significant 25% rise in annual profits by enacting a bit of reversal on the share price. We’re more than a little cynical about the profit rise, suspecting it’s mainly unearned income, due to artificial interest rates levels. Nonetheless, the bank has unveiled share buybacks, huge pay bomus’ for senior management, and a boost in annual dividends.

It’s all very jolly, aside from the near 20% drop in share price value over the last few days!

From our perspective, there is a problem at the 549p level, a point the share price cannot afford to close below. This issue dates back to 2007 and the Blue downtrend line the share is paying attention to. Closure below 549p, the point of breakout, will effectively take all our growth targets off the table and require a new session looking hard at tea leaves.

This risks being an issue, due to recent price movements as below 580p points at coming reversal to an initial 545p with our secondary, if broken, at 517p. Either target affords the share the chance of closing below our breakout level, forcing us back to the drawing board. However, we’re not entirely convinced by the recent reversals, they felt quite contrived and make us suspect Natwest may still have some strength waiting to be shown.

At present, we shall be inclined to view above 592p as holding the potential to trigger a nudge in the direction of 606p with our secondary, if bettered, at 620p. Better still, share price closure above 620p now calculates as holding a long term attraction from a distant sounding 873p.

Natwest shall be interesting in the weeks ahead.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
6:12:00PM	BRENT	6733.4	6659	6611	6466	6752	6776	6810	6861	6700
6:35:34PM	GOLD	5041.74								5043
6:41:11PM	FTSE	10449.3								10420
9:48:10PM	STOX50	5984								5987
9:50:09PM	GERMANY	24905.4								24883
9:52:08PM	US500	6829.6	6793	6747	6665	6847	6883	6910	6949	6843
10:59:10PM	DOW	49453								49564
11:00:56PM	NASDAQ	24701.5								24773
11:04:03PM	JAPAN	57499								57412

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%

11/02/2026 FTSE Closed at 10472 points. Change of 1.15%. Total value traded through LSE was: £ 8,061,814,273 a change of -0.89%

10/02/2026 FTSE Closed at 10353 points. Change of -0.32%. Total value traded through LSE was: £ 8,133,860,971 a change of 2.3%

9/02/2026 FTSE Closed at 10386 points. Change of 0.16%. Total value traded through LSE was: £ 7,950,643,906 a change of 17.72%

6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

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…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:EZJ EasyJet** **LSE:GENL Genel** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:PHP Primary Health** **LSE:QED Quadrise** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **

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Updated charts published on : Astrazeneca, EasyJet, Genel, Melrose, National Glib, Primary Health, Quadrise, The Trainline, Tesco,

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LSE:AZN Astrazeneca. Close Mid-Price: 15118 Percentage Change: + 1.42% Day High: 15186 Day Low: 14816

Target met. All Astrazeneca needs are mid-price trades ABOVE 15186 to imp ……..

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LSE:EZJ EasyJet. Close Mid-Price: 481.3 Percentage Change: + 0.65% Day High: 483.4 Day Low: 477.3

Easyjet share price has been effectively flatlining since 2023. While not ……..

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LSE:GENL Genel. Close Mid-Price: 62 Percentage Change: + 3.68% Day High: 60.6 Day Low: 59.1

Below 57 now threatens reversal down to an initial 51.6 with our secondary ……..

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LSE:MRO Melrose. Close Mid-Price: 642 Percentage Change: + 3.05% Day High: 650.2 Day Low: 620.8

Continued trades against MRO with a mid-price ABOVE 650.2 should improve ……..

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LSE:NG. National Glib. Close Mid-Price: 1366 Percentage Change: + 1.00% Day High: 1366.5 Day Low: 1334

Target met. In the event of National Glib enjoying further trades beyond ……..

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LSE:PHP Primary Health. Close Mid-Price: 107.9 Percentage Change: + 2.57% Day High: 108.4 Day Low: 104.6

Further movement against Primary Health ABOVE 108.4 should improve accele ……..

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LSE:QED Quadrise Close Mid-Price: 1.88 Percentage Change: -2.09% Day High: 1.95 Day Low: 1.85

Weakness on Quadrise below 1.85 will invariably lead to 1.6p with seconda ……..

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LSE:TRN The Trainline Close Mid-Price: 195.6 Percentage Change: -3.17% Day High: 202 Day Low: 195.8

Weakness on The Trainline below 195.8 will invariably lead to 194p with s ……..

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LSE:TSCO Tesco. Close Mid-Price: 488.7 Percentage Change: + 2.75% Day High: 491.7 Day Low: 472.4

Target met. In the event of Tesco enjoying further trades beyond 491.7, t ……..

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*** End of “Updated Today” comments on shares

#FTSE #GOLD Since 7th July last year, the FTSE has grown by 18.2% in a fairly unrelenting climb. The reason the 7th of July is important turns out to be fairly simple. You could have opened a Long Position at 8,882 points with a stop loss of just 8,880 points and the stop loss would not have been bothered. Instead, the market grew to its recent 10,535 points and provided a nice little earner of 1,653 points. In fact, our “FTSE for FRIDAY” mentioned this aspect of the markets, an extract of which is shown below. It leaves the big question, what exactly is “Long Term” as this analysis was only provided 7 months ago?

We’ve now a bit of an issue at the current level, due to the fact we cannot safely calculate anything above 10,890 points on the current cycle of index movements. This is quite a big deal, suggesting unless “they” start gapping the FTSE up, it should produce some turbulence any time soon. Visually, it’s getting close to our theoretical maximum target and therefore, we’re inclined to focus on potential points of interest which may become traps which trigger a reversal!

However, we cannot entirely ignore the detail the index remains with an upward cycle and this creates an immediate scenario, where above 10,472 points calculates with the potential of a visit to 10,524 next with our secondary, if bettered, working out at 10,644 points. If triggered, the tightest stop looks like 10,421 points.

Unfortunately, the index suffered a strange looking reversal of 60 points in the final thirty minutes of trade, this artificial feeling movement indicating a chance of movement below 10,391 points heading toward an initial 10,364 points with our secondary, if broken, working out at a probable bounce point of 10,308 points.

Have a good weekend.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:54:39PM	BRENT	6724.4	6685	6611		6750	6817	6869		6762	Success
10:58:12PM	GOLD	4916.5	4879	4866		4948	4983	5012		4932	Success
11:00:22PM	FTSE	10432.9	10376	10364		10419	10472	10504		10447
11:41:04PM	STOX50	5999.8	5997	5987		6028	6033	6043		6007	‘cess
11:15:19PM	GERMANY	24884	24811	24734		24926	24974	25035		24895	Success
11:17:46PM	US500	6827.8	6823	6758		6860	6879	6895		6823	Shambles
11:25:20PM	DOW	49397	49395	49198		49668	49806	49919		49630	Shambles
11:28:39PM	NASDAQ	24645	24642	24590		24774	24876	24952		24727	‘cess
11:31:08PM	JAPAN	56816	56502	56213		56965	57135	57344		56800

 

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%

11/02/2026 FTSE Closed at 10472 points. Change of 1.15%. Total value traded through LSE was: £ 8,061,814,273 a change of -0.89%

10/02/2026 FTSE Closed at 10353 points. Change of -0.32%. Total value traded through LSE was: £ 8,133,860,971 a change of 2.3%

9/02/2026 FTSE Closed at 10386 points. Change of 0.16%. Total value traded through LSE was: £ 7,950,643,906 a change of 17.72%

6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%

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…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:BBY BALFOUR BEATTY** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:HSBA HSBC** **LSE:NG. National Glib** **LSE:SPX Spirax** **

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Updated charts published on : Astrazeneca, BALFOUR BEATTY, Experian, Foxtons, HSBC, National Glib, Spirax,

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LSE:AZN Astrazeneca. Close Mid-Price: 14906 Percentage Change: + 0.59% Day High: 15028 Day Low: 14782

Continued trades against AZN with a mid-price ABOVE 15028 should improve ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 758 Percentage Change: + 0.53% Day High: 771 Day Low: 755

Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..

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LSE:EXPN Experian. Close Mid-Price: 2408 Percentage Change: + 1.39% Day High: 2439 Day Low: 2353

In the event Experian experiences weakness below 2353 it calculates with ……..

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LSE:FOXT Foxtons Close Mid-Price: 50.5 Percentage Change: -0.98% Day High: 50.7 Day Low: 49.3

If Foxtons experiences continued weakness below 49.3, it will invariably ……..

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LSE:HSBA HSBC Close Mid-Price: 1266.6 Percentage Change: -2.97% Day High: 1322.6 Day Low: 1269.4

In the event of HSBC enjoying further trades beyond 1322.6, the share sho ……..

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LSE:NG. National Glib. Close Mid-Price: 1352.5 Percentage Change: + 1.77% Day High: 1345.5 Day Low: 1311

All National Glib needs are mid-price trades ABOVE 1345.5 to improve acce ……..

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LSE:SPX Spirax Close Mid-Price: 7760 Percentage Change: -2.51% Day High: 8030 Day Low: 7740

Further movement against Spirax ABOVE 8030 should improve acceleration to ……..

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*** End of “Updated Today” comments on shares.

#GOLD # NASDAQ There are times when you’ve got to ask if something is real and not just a figment of the stock markets sense of humour. At present. GBPUSD is providing such a level of entertainment, asking us to believe a downtrend, which originates back in October 2007, is genuine, something we should pay close attention to. Despite no less than FOUR signs, we’re just a little sceptical about taking this Blue line seriously.

Out of nowhere, the trend above allegedly confirmed itself in July 2025, doubly confirmed its existence in August of 2025, had the market break out through the trend in January of this year, and experienced the Holy Grail of Breakouts, the market “back testing” the trend last week. This last item, “the backtest”, is an important tenet of faith with the true believers of chart discipline. It bothers us a little as, if it’s true, the market apparently believes Sterling intends strengthen quite considerably against the US Dollar as is using a 19 year old trend trend to measure itself against. This trend, so old it wouldn’t even be included in the Epstein files, obviously bothers us a bit!

When we apply our usual arithmetic to the Blue downtrend, it reveals we should believe future movement above just 1.3790 should bring a strong twitch in the direction of 1.4177. However, a movement such as this would drag the currency pairing into Big Picture territory and this suggests – due to multiple arguments – Sterling should trigger toward a “safe and solid” 1.4307.  Glancing at the chart, there’s little reason to disparage such a potential but our Big Picture secondary, if 1.4307 is exceeded, comes in at 1.5279.

The implication of such a move would be a return to trading levels not seen since President Trump was first elected US President and in the hiatus period where his Coronation was awaited. (They say inaugurated but we’ve always felt it sounds like something you’d do with cheese.)  There is certainly a visual argument favouring the 1.5279 level, a threat of a period of delay until the world is ready to believe a future attraction from 1.8449 is proving as attractive as an expense receipt to a UK politician.

The core reason for our cynical attitude does reside in politics. It’s hard to believe Sterling could strengthen, given the current calibre of political leadership in the UK from either of the two main employers of muppets.

But if things intend go wrong, GBPUSD needs wither below 1.35000 to potentially trigger reversal down to 1.3421 with our secondary, if broken, a visually acceptable 1.3106.

Who knows, it is perhaps time to consider a holiday in Disney Florida later this year…

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:33:23PM	BRENT	6936.1									Success
11:36:18PM	GOLD	5059.33	5000	4961	4907	5072	5121	5302	5517	5012
11:39:40PM	FTSE	10521.1									Success
11:41:32PM	STOX50	6077.5									Success
11:44:46PM	GERMANY	24943.7									Success
11:46:54PM	US500	6953									Shambles
11:46:48PM	DOW	50206.5									‘cess
11:57:04PM	NASDAQ	25198	24869	24748	24540	25134	25376	25471	25635	25152

 

11/02/2026 FTSE Closed at 10472 points. Change of 1.15%. Total value traded through LSE was: £ 8,061,814,273 a change of -0.89%

10/02/2026 FTSE Closed at 10353 points. Change of -0.32%. Total value traded through LSE was: £ 8,133,860,971 a change of 2.3%

9/02/2026 FTSE Closed at 10386 points. Change of 0.16%. Total value traded through LSE was: £ 7,950,643,906 a change of 17.72%

6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%

3/02/2026 FTSE Closed at 10314 points. Change of -0.26%. Total value traded through LSE was: £ 8,436,122,979 a change of -7.8%

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…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:BBY BALFOUR BEATTY** **LSE:EXPN Experian** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:WG. Wood Group** **

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Updated charts published on : Astrazeneca, BALFOUR BEATTY, Experian, National Glib, Oxford Instruments, Parkmead, Spirax, Wood Group,

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LSE:AZN Astrazeneca. Close Mid-Price: 14818 Percentage Change: + 4.62% Day High: 14804 Day Low: 14074

Target met. In the event of Astrazeneca enjoying further trades beyond 14 ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 754 Percentage Change: + 0.94% Day High: 763.5 Day Low: 743

Continued trades against BBY with a mid-price ABOVE 763.5 should improve ……..

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LSE:EXPN Experian Close Mid-Price: 2375 Percentage Change: -4.12% Day High: 2477 Day Low: 2361

If Experian experiences continued weakness below 2361, it will invariably ……..

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LSE:NG. National Glib. Close Mid-Price: 1329 Percentage Change: + 2.86% Day High: 1332 Day Low: 1295

Target met. Continued trades against NG. with a mid-price ABOVE 1332 shou ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2620 Percentage Change: + 1.95% Day High: 2675 Day Low: 2535

In the event of Oxford Instruments enjoying further trades beyond 2675, t ……..

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LSE:PMG Parkmead Close Mid-Price: 19.5 Percentage Change: -1.27% Day High: 20.5 Day Low: 19.5

Target met. Further movement against Parkmead ABOVE 20.5 should improve a ……..

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LSE:SPX Spirax. Close Mid-Price: 7960 Percentage Change: + 1.79% Day High: 7995 Day Low: 7660

Target met. In the event of Spirax enjoying further trades beyond 7995, t ……..

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LSE:WG. Wood Group. Close Mid-Price: 26.76 Percentage Change: + 0.38% Day High: 27 Day Low: 26.46

Target met. All Wood Group needs are mid-price trades ABOVE 27 to improve ……..

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*** End of “Updated Today” comments on shares

#FTSE #Stoxx50 When we reviewed Bitcoin just over a month ago, we’d provided a scenario which gave the potential of a visit to $61k. Given the crypto had been trading at double such a level back in October, it felt rather cruel but the logic we were employing felt fairly unassailable. However, despite our years of experience, we missed something fairly important, a signal which works out 6 times out of 10.

Despite constantly looking hard at the Bitcoin chart, we somehow managed to avoid noticing price movements had executed a fairly arguable “Head & Shoulders” pattern, an often viable trading strategy identified by an American bloke called Tom Bulkowski back in the age of dinosaurs. This trading scenario proved sufficiently successful Mr Bulkowski successfully created a career writing about it, though we disagreed (and still disagree) with his calculations for reversals as, from our perspective, he’s wrong. We obviously don’t rely on chart patterns as they’re mostly as trustworthy as a politicians commitments. A recent “instance” would be the scenario given above, our expectation being for Bitcoin to hit 61,675 and it actually appeared to bottom at 60,085 points, an error of 2.5% which doesn’t entirely suck. Tom’s arithmetic would anticipate a bottom around 67,000 dollars, rather a substantial distance above our target.

However, a proper bounce is not assured for Bitcoin. While the crypto has closed at 62,600, marginally above our drop target, it did manage to hit the $60k level intraday early in February, creating a situation when below $60,085 calculates with reversal potentials to an initial $51k with our secondary, if broken, at $43k and an almost certain bottom. Despite our criteria NOT being fulfilled for such a trauma, this is Bitcoin and liable to play by invented rules!

But of course, there’s a chance the RED uptrend on the chart shall be treated as sacrosanct. Should this be the case, above just $76,000 should be interesting, theoretically triggering the potential for recovery to an initial $87k with our secondary, if beaten, at $96k and some hesitation. Only with closure above 96k shall we dare speculate if a longer term effort in the direction of a future $136k has started.

For now, we suspect Bitcoin intends a bounce, probably to the $87k level.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:56:31PM	BRENT	6879.1
10:00:48PM	GOLD	5023.77
10:03:21PM	FTSE	10373	10316	10277	10227	10368	10428	10440	10477	10382
10:05:45PM	STOX50	6044	6038	6032	6016	6056	6080	6105	6188	6044
10:08:35PM	GERMANY	25015.4
10:11:20PM	US500	6950.5
10:17:26PM	DOW	50242.3
10:20:01PM	NASDAQ	25169.2
10:23:40PM	JAPAN	57936									Success

 

10/02/2026 FTSE Closed at 10353 points. Change of -0.32%. Total value traded through LSE was: £ 8,133,860,971 a change of 2.3%

9/02/2026 FTSE Closed at 10386 points. Change of 0.16%. Total value traded through LSE was: £ 7,950,643,906 a change of 17.72%

6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%

3/02/2026 FTSE Closed at 10314 points. Change of -0.26%. Total value traded through LSE was: £ 8,436,122,979 a change of -7.8%

2/02/2026 FTSE Closed at 10341 points. Change of 1.15%. Total value traded through LSE was: £ 9,149,750,720 a change of 23.3%

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…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:EXPN Experian** **LSE:IPF International Personal Finance** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:SPX Spirax** **

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Updated charts published on : Experian, International Personal Finance, Oxford Instruments, Parkmead, Spirax,

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LSE:EXPN Experian Close Mid-Price: 2477 Percentage Change: -0.96% Day High: 2530 Day Low: 2409

Target met. Weakness on Experian below 2409 will invariably lead to 2343p ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 236.5 Percentage Change: + 0.21% Day High: 238 Day Low: 236

In the event of International Personal Finance enjoying further trades be ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2570 Percentage Change: + 4.47% Day High: 2615 Day Low: 2455

Target met. Further movement against Oxford Instruments ABOVE 2615 should ……..

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LSE:PMG Parkmead. Close Mid-Price: 19.75 Percentage Change: + 8.22% Day High: 19.75 Day Low: 18.25

Target met. Continued trades against PMG with a mid-price ABOVE 19.75 sho ……..

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LSE:SPX Spirax. Close Mid-Price: 7820 Percentage Change: + 3.37% Day High: 7775 Day Low: 7590

Target met. Continued trades against SPX with a mid-price ABOVE 7775 shou ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OPG OPG Power Ventures** **LSE:PHP Primary Health** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:WG. Wood Group** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred

#Gold #Nasdaq Investec Plc, listed on the FTSE 250, bear the honour of being the first company dual listed in both South Africa and the UK back in 2002, so they’re far from being new kids on the block. The international banking and wealth management group were named in 2025 as the Best Performing Bank in the UK and 2nd best in South Africa by publication, “The Banker”. We’re inclined to take the accolades with a similar doze of scepticism to their Wikipedia pages, a wonderful entry which paints a picture of a company which could do no wrong!

However, recent share price movements demand we place our sarcasm on hold as something seems to be happening with the company share price, a positive something which is basically in keeping with the feel of the UK’s retail banks. It is probably important to mention the share price has finally closed above the downtrend since 2007. It has also achieved a significant higher high (judged by the important closing price) above anything since 2018. Two fairly important boxes are thus ticked, promising happy days ahead.

Investec share price needs close below 615p to spoil the party for the longer term.

The immediate situation suggests movement above 627p should bring recovery to an initial 642p with our secondary, if beaten, at 689p. While this scenario is pretty useful, a glance at the Big Picture potentials should be more useful, suggesting keeping an eye on Investec until such time the share price actually closes above 642p as – for those with patience – the price should trigger longer term growth to 713p with our secondary, if bettered, at 785p, matching the highs of 2007 and providing quite a sensible visual picture.

This one certainly appears worth watching, whether chasing a Big Picture movement or perhaps a “safer” movement for the relatively near future.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:18:40PM	BRENT	6874.9									‘cess
8:23:08PM	GOLD	5077.21	4970	4932	4882	5025	5082	5184	5360	4996
8:26:32PM	FTSE	10398.5
8:29:55PM	STOX50	6062.5									‘cess
8:32:40PM	GERMANY	25024.8									‘cess
8:35:38PM	US500	6964.8									‘cess
9:13:23PM	DOW	50105.9
9:16:04PM	NASDAQ	25278	24867	24764	24571	25148	25342	25465	25902	25128
9:20:28PM	JAPAN	57274

 

9/02/2026 FTSE Closed at 10386 points. Change of 0.16%. Total value traded through LSE was: £ 7,950,643,906 a change of 17.72%

6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%

3/02/2026 FTSE Closed at 10314 points. Change of -0.26%. Total value traded through LSE was: £ 8,436,122,979 a change of -7.8%

2/02/2026 FTSE Closed at 10341 points. Change of 1.15%. Total value traded through LSE was: £ 9,149,750,720 a change of 23.3%

30/01/2026 FTSE Closed at 10223 points. Change of 0.51%. Total value traded through LSE was: £ 7,420,952,174 a change of -6.19%

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…

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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:CCL Carnival** **LSE:IAG British Airways** **LSE:ITV ITV** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

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Updated charts published on : BALFOUR BEATTY, Carnival, British Airways, ITV, Parkmead, Spirax, Zoo Digital,

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 756 Percentage Change: + 1.61% Day High: 756.5 Day Low: 740

All BALFOUR BEATTY needs are mid-price trades ABOVE 756.5 to improve acce ……..

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LSE:CCL Carnival Close Mid-Price: 2406 Percentage Change: -0.37% Day High: 2487 Day Low: 2394

Continued trades against CCL with a mid-price ABOVE 2487 should improve t ……..

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LSE:IAG British Airways. Close Mid-Price: 448.5 Percentage Change: + 2.28% Day High: 449 Day Low: 439.2

Target met. Continued trades against IAG with a mid-price ABOVE 449 shoul ……..

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LSE:ITV ITV. Close Mid-Price: 83.75 Percentage Change: + 0.06% Day High: 85 Day Low: 82.5

Further movement against ITV ABOVE 85 should improve acceleration toward ……..

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LSE:PMG Parkmead. Close Mid-Price: 18.25 Percentage Change: + 4.29% Day High: 18.25 Day Low: 17.5

All Parkmead needs are mid-price trades ABOVE 18.25 to improve accelerati ……..

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LSE:SPX Spirax. Close Mid-Price: 7565 Percentage Change: + 2.23% Day High: 7560 Day Low: 7405

All Spirax needs are mid-price trades ABOVE 7560 to improve acceleration ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 16.25 Percentage Change: + 4.84% Day High: 16.75 Day Low: 15.5

Continued trades against ZOO with a mid-price ABOVE 16.75 should improve ……..

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*** End of “Updated Today” comments on shares.

#Brent #Dax Last week saw heads explode everywhere, Lloyds Bank share price deciding to drop 5.6% on the news the BoE decided to keep interest rates unchanged! Surely this should have been positive news for bank shares as the can continue to make profits which could easily be described as “windfall”, the sort of thing which generally attracts a smash and grab from the insatiable UK tax authorities. But the market opted to hammer the bank shares, the lack of change with interest rates doing nothing for the UK economy, employment rates, or a stagnant housing market. Perhaps the reality of the Retail Bank, primarily focussed on the UK, suffering due to BoE adherence to a failed economic policy.

There are a few other issues bothering us. When we reviewed Lloyds three weeks ago, we started with an attempt to shorten our article, simply stating above 104 should trigger an initial 113p with our secondary, if bettered, at 122p. The movement to 113p obviously triggered but crucially, the share price failed to close above 113p and this generated an immediate worry from our perspective. Essentially, until such time the share value closes above 113p, any ambitions toward our secondary at 122p (and above) dare not be entertained.

If we’re searching for more problems, Lloyds share price need only slip below the recent low of 105.7p to risk triggering reversals to an initial 99p which looks fairly certain to provoke some sort of bounce. But if the share price makes it below 99p, a visit to a probable bottom of 95p looks strangely confident.

An alternate, less likely, immediate scenario demands Lloyds price exceed 108.8p to provide a lift to an initial 112.5 with our secondary, if bettered, at 117p, once again placing the share price at risk of finding an attraction from our 122p.

Our suspicion, instead, anticipates Lloyds falling to the 99p, then experiencing a quite positive bounce, potentially aiming for our 117p in a series of strong movements, once again placing the share in position for happier days ahead in the longer term. Perhaps, if the BoE does something positive with interest rates in their next coffee morning in 6 weeks time, Lloyds shall find itself motivated to become useful and interesting.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
11:12:33PM	BRENT	6744	6640	6559	6425	6780	6865	6921	7014	6755
11:19:39PM	GOLD	5020.01
11:24:15PM	FTSE	10414
11:27:19PM	STOX50	6013.5
11:29:36PM	GERMANY	24782.7	24386	24266	24067	24687	24863	24968	25222	24693
11:31:33PM	US500	6947.3
11:34:11PM	DOW	50219.1
11:38:44PM	NASDAQ	25148.7
11:40:22PM	JAPAN	56620	53000	51248	48799	53997	58595	No	idea

6/02/2026 FTSE Closed at 10369 points. Change of 0.58%. Total value traded through LSE was: £ 6,754,046,507 a change of -27.29%

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%

3/02/2026 FTSE Closed at 10314 points. Change of -0.26%. Total value traded through LSE was: £ 8,436,122,979 a change of -7.8%

2/02/2026 FTSE Closed at 10341 points. Change of 1.15%. Total value traded through LSE was: £ 9,149,750,720 a change of 23.3%

30/01/2026 FTSE Closed at 10223 points. Change of 0.51%. Total value traded through LSE was: £ 7,420,952,174 a change of -6.19%

29/01/2026 FTSE Closed at 10171 points. Change of 0.17%. Total value traded through LSE was: £ 7,910,853,503 a change of 7.47%

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…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share:

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Updated charts published on :

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*** End of “Updated Today” comments on shares.

#Gold #FTSE In terms of ethics, we’ve some difficulty differentiating between Bank of England behaviour and that of Mandelson, The Prince of Darkness, credited with inventing the current UK Labour Party and being the puppet master behind politicians such as Tony Blair and the current Prime Minister, K Starmer. While Mandelson emails indicate he was communicating Government intentions to his chum, Epstein, was the Bank of England any less guilty in telegraphing their interest rate machinations to the market place.

We’ve joked – before the event – of the BoE encouraging market gains on Wednesday, perfectly aware their forthcoming announcement of “doing nothing with rates” on Thursday would provoke reversals, undoing all the gains from the preceding day.

Wednesday saw the FTSE open at 10,314 points and close at 10,402 points.

Thursday saw the FTSE open at 10,402 points and close at 10,309 points.

From our own perspective, it felt like the BoE had manipulated the marketplace into doing its bidding, giving a gain before expected reversals on the “surprise” news UK interest rates were to remain untouched, continuing the central banks campaign of doing nothing for the economy. The level of “bad taste” generated every six weeks, when interest rate announcements invariably illuminate a central bank which is in business to benefit the central bank, rather than actually do anything for the UK economy, continues to cause frustration. At least the US President is now replacing folk at their Federal Reserve, due to his frustration at their treatment of the wider economy!

This matter is one of our favourite gripes and now, the inactivity of the Bank of England risks provoking quite serious reversals for the FTSE. Sorry about all the numbers which follow but the BoE has pushed over a domino, revealing an unpleasant tier of trouble ahead. Currently, below 10,288 points risks bringing reversals to an initial 10,201 points with our secondary, if broken, at 10,102 points and a level which suggests a potential bounce. However, quite importantly, should 10,100 break, a cycle to 9,820 risks introducing itself, perhaps even an eventual bottom at 9.601 points. Visually, this would look like the BoE was deliberately trying to undo the market gains since the interest rate reductions which punctuated the end of 2025…

Of course, there is the unlikely chance the market shall decide to ignore BoE manipulation, movement above 10,378 risking triggering gains to an initial 10.406 with our secondary, if beaten, at 10,466 points and some hesitation.

Have a good weekend. Only a month to go before the Australian Grand Prix anarchy.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:03:37PM	BRENT	6718.2	6679	6559	6425	6795	6878	6959	7052	6754
10:09:50PM	GOLD	4776.7	4761	4671	4531	4906	4941	5002	5083	4816	‘cess
10:35:57PM	FTSE	10245.9	10237	10201	10107	10307	10332	10373	10418	10238	‘cess
11:32:20PM	STOX50	5894.3	5887	5863	5828	5936	5947	5966	5993	5907	‘cess
11:34:27PM	GERMANY	24389.1	5886	5856	5827	5926	5946	5964	5991	5908
11:42:36PM	US500	6760.2	6753	6730	6636	6830	6858	6874	6915	6796	Success
11:45:43PM	DOW	48729.5	48722	48506	48124	48930	49261	49360	49571	48947
11:49:57PM	NASDAQ	24244.9	24226	23880	23102	24618	24778	24998	25258	24423	‘cess
11:52:54PM	JAPAN	53301	53290	52750	51975	53639	54036	54241	54557	53804	Success

 

5/02/2026 FTSE Closed at 10309 points. Change of -0.89%. Total value traded through LSE was: £ 9,288,693,358 a change of 0.23%

4/02/2026 FTSE Closed at 10402 points. Change of 0.85%. Total value traded through LSE was: £ 9,267,141,152 a change of 9.85%

3/02/2026 FTSE Closed at 10314 points. Change of -0.26%. Total value traded through LSE was: £ 8,436,122,979 a change of -7.8%

2/02/2026 FTSE Closed at 10341 points. Change of 1.15%. Total value traded through LSE was: £ 9,149,750,720 a change of 23.3%

30/01/2026 FTSE Closed at 10223 points. Change of 0.51%. Total value traded through LSE was: £ 7,420,952,174 a change of -6.19%

29/01/2026 FTSE Closed at 10171 points. Change of 0.17%. Total value traded through LSE was: £ 7,910,853,503 a change of 7.47%

28/01/2026 FTSE Closed at 10154 points. Change of -0.52%. Total value traded through LSE was: £ 7,361,268,388 a change of 11.9%

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…

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:ITM ITM Power** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

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Updated charts published on : British Telecom, ITM Power, The Trainline, Zoo Digital,

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LSE:BT.A British Telecom. Close Mid-Price: 206.5 Percentage Change: + 0.73% Day High: 213.1 Day Low: 202

Further movement against British Telecom ABOVE 213.1 should improve accel ……..

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LSE:ITM ITM Power Close Mid-Price: 59.4 Percentage Change: -4.35% Day High: 62.9 Day Low: 59.5

Continued weakness against ITM taking the price below 59.5 calculates as ……..

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LSE:TRN The Trainline Close Mid-Price: 200.2 Percentage Change: -1.96% Day High: 204.2 Day Low: 198.4

In the event The Trainline experiences weakness below 198.4 it calculates ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 15.38 Percentage Change: -3.15% Day High: 16.75 Day Low: 15.25

If Zoo Digital experiences continued weakness below 15.25, it will invari ……..

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*** End of “Updated Today” comments on shares.