Dr Martens Plc, trading around 66.9 and due another kicking?

#GOLD #SP500 Women are funny about Wedding Anniversary’s and my wife is no exception to the rule. But we’ve both been suffering symptoms of an extremely annoying cold for a few weeks and when she exclaimed at lunchtime, “it’s our Wedding Anniversary!”, I felt slightly smug she’d forgotten too. There’s usually a bit of a song and dance in the run up to the date, while we decide which restaurant to visit and what Champagne to buy. This year, we’d both forgotten our ’32nd Year of Misery’ and worse, couldn’t be bothered going through the motions. By mid-afternoon, an excuse was found to visit the local supermarket, buying some expensive Champagne, some bunches of flowers, a big box of Maltesers, and a bottle of Drambuie.  In addition, some Haggis, a turnip and a bag of potatoes was obtained. And on the way home, took our traditional snapshot of some snow capped mountains.

While we both abhor the annual charade of Burns Night on 25th January in Scotland, habitually we do make a traditional Haggis dinner around the date. My job is to slice, boil, and mash the rock solid turnip, my wife does the rest. Dinner is eventually served alongside a couple of Drambuie liqueur coffees and the bottle of Champagne interred on its side on the Champagne rack. We both hate Champagne but somehow or other, indulge in buying a bottle to mark our wedding anniversary. It makes counting the years of marriage quite easy and occasionally provokes interesting discussion on our taste in the product with folks who like Champagne, usually a bit irritated at our attitude to the stuff.

Over dinner, we decided the collection must be approaching a “Drink By” date, so during 2029 we’re going to host a BBQ with “all you can drink” Champagne to celebrate the 35th bottle. It will finally put an end to a silly tradition as we’ve never been asked to officiate over ship launches, the other viable way of ditching the stuff!

Doc Martens Plc appear poised to deliver the sort of kicking to their share price a husband would expect, had he been the only one to forget a 32nd Wedding Anniversary. But in this instance, we think our usual logic may falter and produce a level at which a rebound could be anticipated.

Currently, below 65p risks triggering further reversals to an initial 61p with our secondary, if broken, at 48p and a visual match with the lows of April last year. But there is a big “however” in this scenario as it risks taking their share price below the level of trend break in June 2025, when the share price was 59p. We do set some store with these trend break levels, almost always suggesting closure below a trend break point will always be a bad thing. And in the future, once some amateur drama takes place below a trend break point, if the price closes above that level allows us to indulge in pretty confident recovery ambitions.

Thus, with an argument favouring an initial 61p target, we’d be hoping for a rebound around such a level. While this thought will invariably require some lucky charms, a rebound shall be a reasonable expectation. If such a level breaks, while 48p is almost certain to provide a trampoline level, experience has taught any proper recovery can take an age as the historical trend break level of 61 shall invariably present a glass ceiling against any strong future recovery.

Of course, we can present a converse viewpoint.

Should the share price wander above just 76p, it “risks” triggering movement upward to an initial 89 with our secondary, if beaten, now at 99p. The 99p level is a visual problem, historical the share price proving itself incapable of rising above such a ceiling. However, closure above such a level shall indicate the footwear company deserves a new lease of life.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:32:02PM BRENT 6670.1 Success
11:39:50PM GOLD 5224.37 5160 5142 5117 5180 5231 5283 5380 5156 Success
11:44:07PM FTSE 10198 Success
11:21:28PM STOX50 5987.2
11:25:16PM GERMANY 24898.7 ‘cess
11:28:01PM US500 6996.5 6942 6917 6889 6971 6999 7042 7129 6962 ‘cess
11:45:45PM DOW 49015
11:48:48PM NASDAQ 26069 ‘cess
11:53:31PM JAPAN 53065 ‘cess

 

27/01/2026 FTSE Closed at 10207 points. Change of 0.58%. Total value traded through LSE was: £ 6,578,616,321 a change of 11.32%
26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%
23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%
22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%
21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%
20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%
19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%

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:BT.A British Telecom** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

********

Updated charts published on : British Telecom, Centrica, Experian, Fresnillo, HSBC, ITM Power, Lloyds Grp., National Glib, Oxford Instruments, Spirax,


LSE:BT.A British Telecom. Close Mid-Price: 187.1 Percentage Change: + 2.35% Day High: 186.6 Day Low: 182.2

Above 196 should now be interesting, allowing for movement to an almost ce ……..

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LSE:CNA Centrica. Close Mid-Price: 187.55 Percentage Change: + 1.60% Day High: 186.75 Day Low: 183.85

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LSE:EXPN Experian Close Mid-Price: 2785 Percentage Change: -5.01% Day High: 2937 Day Low: 2782

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LSE:FRES Fresnillo Close Mid-Price: 4140 Percentage Change: -6.92% Day High: 4402 Day Low: 4104

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LSE:HSBA HSBC. Close Mid-Price: 1277.2 Percentage Change: + 2.82% Day High: 1283.4 Day Low: 1258.4

Target met. Continued trades against HSBA with a mid-price ABOVE 1283.4 s ……..

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LSE:ITM ITM Power Close Mid-Price: 67.9 Percentage Change: -0.73% Day High: 68.9 Day Low: 66.6

Below 62 now risks a visit to an initial 55 with our secondary – and a may ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 105.25 Percentage Change: + 2.18% Day High: 105.15 Day Low: 103.3

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LSE:NG. National Glib. Close Mid-Price: 1222.5 Percentage Change: + 1.54% Day High: 1224 Day Low: 1183

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LSE:OXIG Oxford Instruments Close Mid-Price: 2515 Percentage Change: -0.40% Day High: 2535 Day Low: 2490

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LSE:SPX Spirax. Close Mid-Price: 7390 Percentage Change: + 2.43% Day High: 7485 Day Low: 7255

In the event of Spirax enjoying further trades beyond 7485, the share sho ……..

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

Silver Ounce vs US Dollar  (PM:XAGUSD) Trading around 105.9 at time of writing.

#Gold #Nasdaq If you take the price of Gold in US Dollars and divide it with the price of Silver in US Dollars, the resultant number can be currently rounded to 46. Or in plain English, Gold is 46 times the price of Silver which is apparently a little bit dodgy. It’s an interesting ratio, one which we’re not sure is entirely meaningful except in a surprise area. When the ratio wandered off in the opposite direction at various points during the 21st Century (so far), a spike was generally the precursor to some sort of contrived market tumble. When the ration hit 123 in 2020, we were exposed to the manufactured Covid-19 drop or, in 2008, it spiked to 85 before the market crash. Or in 2025, our pretty rubbish Christmas dinner was also prefaced by an upward spike in the Gold/Silver ratio.

While there’s a reasonable attempt to spin some fabric out of this ratio decreasing, we’re not convinced the number provides anything meaningful to keep an eye on. There’s an argument the long term average ratio stands at almost 70 and if this has any validity, it assumes we should anticipate Silver falling back down to the $73 level, always assuming Gold prices stay high. But should Silver fall into a sharp decline, it would certainly make some sense to divide the price of Gold by 70 to give yourself a target number for any short position.

Silver is a problem for us. We cannot calculate potential high targets as it has spiralled above anything logical. If we apply the current ratio to prior upward spikes, using the logic above, the highest the price of Silver should be is $80. Broadly speaking, this matches our own sums, confirming anyone who claims to know “top” for Silver is probably talking out of their hat. We don’t have a clue, it’s outperforming, and we shall only be comfortable once some volatility appears. It is going to be worth remembering Bitcoin etc, the fake currency going higher than any logic allowed. While it has fallen back from above the 120,000 dollar level, it has also FAILED to slump below the prior low of 74k dollars, bobbling around like an inconvenient bit of potato which refused to make its way down the plughole.

In other words, it has become probable Bitcoin has defined a new trading range in the 74 to 120k area and any expectation of reversal to historical 20k levels is liable to be a disappointment!. In the case of Solver, reversal back toward a new “bottom” around $73/ounce shall make some sense.

When we throw our arguments at movements in the last week, we suspect movement below $101 for Silver risks triggering reversal to an initial $97 with our secondary, if broken, at $90 and potential bounce. In this instance, we can give a third level drop target at $80, marginally above our thoughts of a $73 level and thus, an ideal point for some sort of rebound. This would certainly tie in with an expectation for Silver to “do a Bitcoin”, defining a new trading range for itself and avoiding a tumble to lows which would be visually sane.

It’s all a bit weird as Silver isn’t like Gold, far easier to discover. Our own garden waterfall and stream, while being extremely parsimonious with Gold production, produces Silver with ease. Just not in anything approaching commercial quantities. Perhaps if the price of Silver shot up to the price levels achieved by Gold, our waterfall would be commercially viable but, to be fair, many more sources of Silver would suddenly spring into life.

For now, if Silver makes it above $118 per ounce, it will probably go up. As for how high, paying attention to the Entertainment section of the Daily Mirror may give an idea for targets but we can’t.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:50:15PM BRENT 6483.8
10:56:46PM GOLD 5010.08 4991 4971 4924 5037 5111 5132 5179 5080 Success
10:59:05PM FTSE 10149.9
11:01:38PM STOX50 5957.7
11:04:30PM GERMANY 24917.7 ‘cess
11:07:37PM US500 6942.9 ‘cess
11:12:19PM DOW 49222
11:19:42PM NASDAQ 25735.3 25450 25332 25176 25610 25804 25900 26111 25698
11:23:26PM JAPAN 52607 ‘cess

 

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%
23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%
22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%
21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%
20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%
19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%
16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%

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:AAL Anglo American** **LSE:BLOE Block Energy PLC** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:QED Quadrise** **LSE:VOD Vodafone** **

********

Updated charts published on : Anglo American, Block Energy PLC, Centrica, Experian, Fresnillo, Glencore Xstra, National Glib, Oxford Instruments, Quadrise, Vodafone,


LSE:AAL Anglo American. Close Mid-Price: 3448 Percentage Change: + 2.07% Day High: 3484 Day Low: 3378

In the event of Anglo American enjoying further trades beyond 3484, the s ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 1.23 Percentage Change: + 26.29% Day High: 1.4 Day Low: 0.95

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LSE:CNA Centrica. Close Mid-Price: 184.6 Percentage Change: + 0.27% Day High: 186.15 Day Low: 183.3

In the event of Centrica enjoying further trades beyond 186.15, the share ……..

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LSE:EXPN Experian Close Mid-Price: 2932 Percentage Change: -3.20% Day High: 3032 Day Low: 2901

Target met. Continued weakness against EXPN taking the price below 2901 c ……..

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LSE:FRES Fresnillo. Close Mid-Price: 4448 Percentage Change: + 6.72% Day High: 4470 Day Low: 4272

All Fresnillo needs are mid-price trades ABOVE 4188 to improve acceleratio ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 500.1 Percentage Change: -0.18% Day High: 506.7 Day Low: 497.7

Further movement against Glencore Xstra ABOVE 506.7 should improve accele ……..

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LSE:NG. National Glib. Close Mid-Price: 1204 Percentage Change: + 1.05% Day High: 1211.5 Day Low: 1194.5

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2525 Percentage Change: + 0.80% Day High: 2515 Day Low: 2470

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LSE:QED Quadrise Close Mid-Price: 2.31 Percentage Change: -3.95% Day High: 2.69 Day Low: 2.2

If Quadrise experiences continued weakness below 2.2, it will invariably ……..

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LSE:VOD Vodafone. Close Mid-Price: 104.55 Percentage Change: + 0.48% Day High: 105.55 Day Low: 103.85

Target met. Further movement against Vodafone ABOVE 105.55 should improve ……..

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

Natwest Group (LSE:NWG) trading around 646p at time of moaning. But still looks good.

#Brent #Dax It used to be the case, ATM’s were called the “Hole in the Wall” with Natwest, achieving local fame in Ilkeston by installing a hole in the wall beside their hole in the wall, thus allowing users of the Cash Machine to see if anyone was loitering out of sight behind an adjacent wall. It made perfect sense, this quick and simple security measure even turning into a local treasure, even achieving comments on Trip Advisor probably placed by locals who really need to get a life. But for some strange reason, Natwest decided their hole in the wall would be improved with a horizontal steel bar, eight years after the initial installation. The new horizontal bar lasted less than 12 hours before the bank decided to remove it. There is certainly plenty of food for thought here, firstly about the mindset at Natwest who decided the hole needed an obstruction and secondly, who the heck felt it worthwhile creating complaints about a metal bar which accomplished nothing.

We can only assume the folk at Natwest are feeling flush with funds, the company share price “doing okay”, and suddenly corporate feeling they could catch up on long desired projects such as the major installation of a bit of metal, obviously someone’s pet project which had been shelved. Doubtless, another branch of the bank will find itself with a car park, additional paintwork indicating where horses are to be tied up… Who knows.

At the start of the year, we gave some criteria for happy days for the share price, criteria which has been utterly ignored while political drama intruded, giving pretend reasons for stock market hesitation. Did anyone ever believe President Trump would invade Greenland. Even the Greenlanders don’t want to invade the place! But he did wake up Europe with some pretty convincing reasons why closer attention should be paid to the area. We still suspect the island shall end up as US protectorate, finding itself hosting a new port, all weather airport, and several MacDonalds.

Though Natwest ignored our 670p trigger, it remains a viable trigger level which should allow us to demand a festival, due to fireworks pointing at an initial 683p with our secondary, if exceeded, now calculating at a happier 702p. In fact, once the share price closes above 670p, we shall regard a future 786p as exerting an attraction in the long term.

Our alternate scenario, if the share price now stumbles below 644p, a visit to 633p looks possible with our secondary, if broken, at 622p and hopefully a bounce.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
5:50:16PM BRENT 6534.8 6289 6159 5991 6392 6578 6644 6905 6367
5:54:31PM GOLD 4985.79
6:12:06PM FTSE 10148.9
10:36:26PM STOX50 5945.2
10:38:52PM GERMANY 24883.9 24783 24737 24668 24850 24944 25192 25473 24844
10:51:14PM US500 6902.7
10:54:02PM DOW 49011
10:57:30PM NASDAQ 25543
10:59:51PM JAPAN 52764

 

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%
22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%
21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%
20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%
19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%
16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%
15/01/2026 FTSE Closed at 10238 points. Change of 0.53%. Total value traded through LSE was: £ 8,925,069,676 a change of 39.46%

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:FRES Fresnillo** **LSE:IGG IG Group** **LSE:OXIG Oxford Instruments** **

********

Updated charts published on : Fresnillo, IG Group, Oxford Instruments,


LSE:FRES Fresnillo. Close Mid-Price: 4168 Percentage Change: + 2.06% Day High: 4188 Day Low: 4034

Target met. All Fresnillo needs are mid-price trades ABOVE 4188 to improv ……..

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LSE:IGG IG Group. Close Mid-Price: 1360 Percentage Change: + 0.29% Day High: 1370 Day Low: 1353

Further movement against IG Group ABOVE 1370 should improve acceleration ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2505 Percentage Change: + 0.20% Day High: 2510 Day Low: 2455

Target met. Further movement against Oxford Instruments ABOVE 2510 should ……..

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

A Happity Day for FTSE for FRIDAY  (FTSE:UKX)? Trading around 10,150 at time of writing.

Trailers or vehicles with loads sticking out a bit, usually have a rag tied to signify the pointy bit, this item flapping around wildly as it moved through the air. We’d a cat blessed with similar elegance, always capable of walking into a room and showing clear signs she’d no idea why she was there. Sometimes, she’d go to the water bowl and sit, staring at the liquid, trying to remember what to do with it. The thing did remain true to a couple of traits. It would exhibit affection to my wife, our daughter, our grand-daughters, happily joining any of them for a cuddle or nap. Not once did it ever sit down beside me nor acknowledge me in any way, treating me exactly the way it treated our dogs, best to pretend we didn’t exist.

Long story short, at 22 or 24 years old, the vet informed my wife it “was time” due to an attempt at a routine blood test failing with the need to knock the cat out to try and take blood. The vet felt, quite strongly, the cat wouldn’t wake up again and given she’d stopped eating and was as light as a cliche, it was best to end things as she was probably in pain.

And so, still inhabited by a stinking cold, I was detailed to dig a grave for the cat at the top of the lawn. The morning provided atmosphere, wet and windy, and our garden crows were fascinated as I struggled to dig a three foot hole with manual tools. I’ve kept threatening to buy a digger attachment for the little tractor but thankfully, we’ve only had two cats providing justification, each many years apart. Our dogs get cremated.

Anyway, eventually a sufficient cavern was created and I carried the weightless body (wrapped in a light towel) to the waiting grave. My wife, understandably upset, left the burial to me which meant I’d a choice of music to play on my phone, while I filled the grave in. Which is why, the Mud tune called “Tiger Feet” echoed across the garden, the cat actually being called Tiger. It was either that or the perfect “Year of The Cat” by local boy Al Stewart, far too good a tune to spoil in such a way. To be fair, “Tiger Feet” was played to satisfy my sense of the ridiculous in having a cat funeral which the single mourner and also grave digger, didn’t want to be at. Pretty sure the cat didn’t want to be there either!

Thus, 2/3rds through January and life in Argyll maintains its steady stream of ridiculous, the tune “Tiger Feet” unfortunately is stuck in my head now.

Unfortunately, the FTSE has also been indulging in its own sense of the ridiculous, the UK (and all other markets) pretending to believe the US was planning an invasion of Greenland, quite forgetting President Trump’s initial silly rhetoric is always simply setting out a negotiating position. (Source: The Art of the Deal, Donald R Trump)  Common sense continues to suggest Greenland shall end up a “protectorate” of the USA, such as Panama was until full sovereignty was assigned to the country with everything going downhill in the period since. Perhaps a similar lesson to the UK, Brexit removing itself from the governance of Europe and returning as a country with “rulers” completely untrained in the concept of running a nation. This would certainly explain the stream of incompetent politicians since Brexit, people who would normally fight to be elected as town councillors, finding running a country substantially above their level of ability.

Index movements since the start of 2026 brought a new rule for us to observe, something which makes little sense yet proved to be exquisitely correct. As always, our reasoning can verge on the absurd but one of our “things” has been a reliable argument which relates to Glass Ceilings. We’ve now got a rule which arguments accurately on the drop potentials, when a glass ceiling is exceeded and a new high achieved. To most folk, this isn’t a big deal but for us, our rule book just expanded from 189 to 190 concepts of what may happen, following a price movement. Our software is emphatically NOT AI, just a series of “IF” statements designed to avoid logic loops occurring and sometimes toss out correct answers.

Currently, below 10,134 points indicates the potential of weakness to an initial 10,083 points with our secondary, if broken, at 10,046 points. If triggered, the tightest stop loss level looks like a fairly acceptable 10,170 points. Oddly, we suspect this game plan will probably fail as it’s almost too obvious.

Instead, above 10,196 should become of special interest, giving an initial target level at 10,283 points with our secondary, if beaten, at 10,360 points.

Have a good weekend, we’re going to sit back and hope the FTSE experiences some gains and the cat doesn’t claw its way out of a grave… Didn’t Mud have another tune called “The Cat Crept In”?

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:15:50PM BRENT 6374.9 6300 6245 6355 6401 6420 6353
11:18:55PM GOLD 4949 4813 4746 4839 4961 4973 4901 Success
11:24:50PM FTSE 10150.1 10138 10128 10158 10210 10220 10155
11:28:48PM GERMANY 24829.7 24777 24768 24863 24942 25034 24852
11:33:54PM US500 6922.5 6878 6863 6898 6935 6954 6900 ‘cess
11:41:58PM DOW 49413 49082 48882 49305 49618 49894 49318 ‘cess
11:45:15PM NASDAQ 25534 25345 25282 25465 25600 25905 25395
11:47:54PM JAPAN 53819 53563 53484 53855 54129 54526 53896 Success

 

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%
21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%
20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%
19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%
16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%
15/01/2026 FTSE Closed at 10238 points. Change of 0.53%. Total value traded through LSE was: £ 8,925,069,676 a change of 39.46%
14/01/2026 FTSE Closed at 10184 points. Change of 0.46%. Total value traded through LSE was: £ 6,399,572,065 a change of -4.73%

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:AAL Anglo American** **LSE:BME B & M** **LSE:CNA Centrica** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:ONT Oxford Nanopore Tech** **LSE:SRP Serco** **

********

Updated charts published on : Anglo American, B & M, Centrica, Fresnillo, HSBC, IG Group, Lloyds Grp., National Glib, Oxford Nanopore Tech, Serco,


LSE:AAL Anglo American Close Mid-Price: 3342 Percentage Change: -1.73% Day High: 3451 Day Low: 3298

All Anglo American needs are mid-price trades ABOVE 3451 to improve accel ……..

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LSE:BME B & M. Close Mid-Price: 174.1 Percentage Change: + 0.58% Day High: 178.4 Day Low: 164.35

Further movement against B & M ABOVE 178.4 should improve acceleration to ……..

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LSE:CNA Centrica Close Mid-Price: 181.65 Percentage Change: -0.95% Day High: 185.25 Day Low: 180.1

Target met. Further movement against Centrica ABOVE 186p should improve a ……..

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LSE:FRES Fresnillo. Close Mid-Price: 4084 Percentage Change: + 0.84% Day High: 4092 Day Low: 3908

Continued trades against FRES with a mid-price ABOVE 4092 should improve ……..

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LSE:HSBA HSBC. Close Mid-Price: 1244.2 Percentage Change: + 1.07% Day High: 1254 Day Low: 1239.2

Further movement against HSBC ABOVE 1254 should improve acceleration towa ……..

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LSE:IGG IG Group. Close Mid-Price: 1356 Percentage Change: + 0.67% Day High: 1363 Day Low: 1347

Target met. Continued trades against IGG with a mid-price ABOVE 1363 shou ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 101.9 Percentage Change: + 0.49% Day High: 103.5 Day Low: 100.5

Continued trades against LLOY with a mid-price ABOVE 103.5 should improve ……..

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LSE:NG. National Glib Close Mid-Price: 1186.5 Percentage Change: -0.34% Day High: 1208 Day Low: 1182.5

Continued trades against NG. with a mid-price ABOVE 1208 should improve t ……..

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LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 172.9 Percentage Change: + 7.46% Day High: 174.5 Day Low: 160

Target met. Further movement against Oxford Nanopore Tech ABOVE 174.5 sho ……..

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LSE:SRP Serco. Close Mid-Price: 304.4 Percentage Change: + 0.26% Day High: 310.8 Day Low: 303.6

Target met. All Serco needs are mid-price trades ABOVE 310.8 to improve a ……..

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

$5,000 GOLD vs US DOLLAR?  (PM:XAUUSD) Trading around 4,742 at time of writing

#FTSE #SP500 The wilful economic suicide being embraced by Europe and the UK was recently thrown into stark relief by a girl with a YouTube channel called “Itchy Boots”. This Dutch lady is riding her motorbike around the world and following the new Silk Road trade route with China, about to leave Kyrgystan to enter China. To even approach the crossing into China, she had to ride past a 25 kilometres tailback of EMPTY heavy goods vehicles, around 1/2 of which were configured to carry cars. The seemingly interminable queue of empty trucks highlighted trade with China is far from a two way affair. The West has decided to impoverish its industry in favour of shiny trinkets from China, tending to throw President Trumps tariff attitude into the foreground as he’s clearly got a point. Our political system isn’t reacting to this situation and, to be fair, it’s probably already too late. From a personal stance, using my 3d Printer to design a gizmo had lots of folk saying I should market it. Refusal was easy, due to countless tales of folk “going to market” with their products, only to find counterfeit items available from China within weeks and copyright complaints failing utterly.

The Dutch motorcyclist, simply let her Helmet Cam film the never ending tailback of truckers, overwhelming the Chinese border with their intention of collecting more nails to hammer into the coffin of industry in Europe and elsewhere. We wonder if the price of Gold is part of this trade imbalance as China apparently does buy Gold internationally.

Whatever the reason, we’re starting to openly speculate on $5,000 US being a sane target for the price of Gold! Usually we avoid clickbait types of headline targets but in this instance, it’s becoming difficult to ignore the prospect of further gains in the price of the yellow metal.

From our obscure arithmetic perspective, GOLD now needs close a day above 4,783 dollars an this now risks suggesting ongoing gains to an initial 4,872 dollars. Our secondary, if this target is exceeded, now calculates at $5,200 and a pretty solid nod above the 5k level. It’s perhaps important to mention we cannot calculate above $5,200 and suspect achieving such a level shall introduce some volatility. However (this is important) if the market starts nudging the price of the metal up with little gaps at the open (such as occurred twice recently – circled) could easily ensure our 5,200 dollar ambition may prove to be another footnote in the price of Gold.

Should things intend go wrong, below 4,450 provides for reversal to an initial 4,294 with our secondary, if broken, at 4,133 dollars and perhaps a bounce.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:56:51PM BRENT 6355
11:00:35PM GOLD 4763.25
11:04:58PM FTSE 10100 10043 10009 9928 10142 10232 10353 10454 10157 Success
11:29:16PM STOX50 5868.7 Success
11:32:13PM GERMANY 24603.5 Success
11:35:30PM US500 6805.9 6769 6746 6662 6884 6878 6910 6958 6851 Success
11:40:14PM DOW 48548 Success
11:42:43PM NASDAQ 25018.4
11:45:39PM JAPAN 52135 Success
20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%
19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%
16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%
15/01/2026 FTSE Closed at 10238 points. Change of 0.53%. Total value traded through LSE was: £ 8,925,069,676 a change of 39.46%
14/01/2026 FTSE Closed at 10184 points. Change of 0.46%. Total value traded through LSE was: £ 6,399,572,065 a change of -4.73%
13/01/2026 FTSE Closed at 10137 points. Change of -0.03%. Total value traded through LSE was: £ 6,717,140,321 a change of 16.41%
12/01/2026 FTSE Closed at 10140 points. Change of 0.16%. Total value traded through LSE was: £ 5,770,093,543 a change of -6.73%

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:EXPN Experian** **LSE:FRES Fresnillo** **LSE:SCLP Scancell** **LSE:SRP Serco** **

********

Updated charts published on : Experian, Fresnillo, Scancell, Serco,


LSE:EXPN Experian Close Mid-Price: 3227 Percentage Change: -0.68% Day High: 3232 Day Low: 3175

If Experian experiences continued weakness below 3175, it will invariably ……..

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LSE:FRES Fresnillo Close Mid-Price: 3976 Percentage Change: -0.50% Day High: 4076 Day Low: 3924

Target met. Further movement against Fresnillo ABOVE 4076 should improve ……..

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LSE:SCLP Scancell. Close Mid-Price: 13 Percentage Change: + 0.00% Day High: 13.88 Day Low: 13

All Scancell needs are mid-price trades ABOVE 13.88 to improve accelerati ……..

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LSE:SRP Serco. Close Mid-Price: 298.8 Percentage Change: + 0.40% Day High: 301.6 Day Low: 294.2

Target met. Further movement against Serco ABOVE 301.6 should improve acc ……..

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

Balfour Beatty Plc  (LSE:BBY) Trading around 726 at time of writing.

#Gold #Nasdaq The headline below certainly caught our interest. As the owner of a 1970’s electric guitar signed by all the members of Slade, it’s probable an accusation of being a fan of the group would be fair. And suddenly, with “Construction News” reporting the band are leading their efforts in the UK regions, makes a lot of sense, after all the senior decision makers in all these councils were also doubtless Slade fans back in the day.

Alas, it was another reason to distrust a headline. The truth was someone called Kay Slade had become their new MD. She looks nice but probably was not born when Slade outsold the Beatles… But doubtless, many conversations with her begin with “Merry Christmas !!!”, which has probably become an irritant over her life.

Balfour Beatty share price, obviously trading at all time high levels, still surprises us with some useful Big Picture potentials.

Above 736p currently indicates the chance of triggering movement to an initial 886p with our secondary, of bettered, at 904p. The close proximity of these target levels certainly indicates the potential of a ceiling level. Om the distant future, we can also indicate  a future 1030p as exerting a distant attraction.

 

Our alternate scenario, if things decide to go wrong, suggests weakness below 74p would now be required to provoke reversals to an initiatl 694 qith our secondary, if broken, working out at a hopeful bottom of 665p.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:52:25PM BRENT 6378.5
9:55:12PM GOLD 4670.48 4566 4511 4451 4625 4692 4721 4827 4591
10:12:56PM FTSE 10180 Success
10:16:30PM STOX50 5918.7 Shambles
10:19:56PM GERMANY 24941.9
10:22:16PM US500 6877.9
10:24:02PM DOW 48960.9
10:27:32PM NASDAQ 25243.4 25085 25039 24789 25195 25265 25319 25396 25175
10:30:18PM JAPAN 53475 53082 53049 52563 53455 53755 53970 54266 53497

 

19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%
16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%
15/01/2026 FTSE Closed at 10238 points. Change of 0.53%. Total value traded through LSE was: £ 8,925,069,676 a change of 39.46%
14/01/2026 FTSE Closed at 10184 points. Change of 0.46%. Total value traded through LSE was: £ 6,399,572,065 a change of -4.73%
13/01/2026 FTSE Closed at 10137 points. Change of -0.03%. Total value traded through LSE was: £ 6,717,140,321 a change of 16.41%
12/01/2026 FTSE Closed at 10140 points. Change of 0.16%. Total value traded through LSE was: £ 5,770,093,543 a change of -6.73%
9/01/2026 FTSE Closed at 10124 points. Change of 0.8%. Total value traded through LSE was: £ 6,186,252,560 a change of -4.13%

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:CNA Centrica** **LSE:FRES Fresnillo** **LSE:NG. National Glib** **LSE:SCLP Scancell** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Centrica, Fresnillo, National Glib, Scancell, Serco, Standard Chartered,


LSE:CNA Centrica Close Mid-Price: 181.4 Percentage Change: -0.38% Day High: 183 Day Low: 179.7

All Centrica needs are mid-price trades ABOVE 183 to improve acceleration ……..

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LSE:FRES Fresnillo. Close Mid-Price: 3996 Percentage Change: + 6.67% Day High: 3986 Day Low: 3842

All Fresnillo needs are mid-price trades ABOVE 3986 to improve accelerati ……..

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LSE:NG. National Glib Close Mid-Price: 1196 Percentage Change: -0.46% Day High: 1207 Day Low: 1191.5

Target met. Further movement against National Glib ABOVE 1207 should impr ……..

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LSE:SCLP Scancell. Close Mid-Price: 13 Percentage Change: + 11.11% Day High: 13.12 Day Low: 11.7

Target met. Continued trades against SCLP with a mid-price ABOVE 13.12 sh ……..

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LSE:SRP Serco. Close Mid-Price: 297.6 Percentage Change: + 0.88% Day High: 299.6 Day Low: 292.8

In the event of Serco enjoying further trades beyond 299.6, the share sho ……..

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LSE:STAN Standard Chartered Close Mid-Price: 1873 Percentage Change: -0.29% Day High: 1878.5 Day Low: 1850.5

All Standard Chartered needs are mid-price trades ABOVE 1878.5 to improve ……..

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

Lloyds Banking Group Plc  (LSE:LLOY) Trading around 102.10 at time of writing.

#Brent #WallSt As the writer is loaded with a particularly unpleasant cold, it was tempting to be exceedingly brief in our outlook for Lloyds. We could say now above 104p should brings a gain to an initial 113p with our secondary, if bettered, at 122p. And we’ll be back in three weeks, without a stinking cold, hopefully able to write something more interesting. But…. we like searching for straws to clutch.

Blue on the chart delineates a downtrend since April 1998. If we extend this downtrend to the current period, it seems Lloyds share price needs dwindle below 40p to indicate the onset of trouble. Otherwise, a quite fascinating scenario exists and if we pretend this Big Picture is important, apparently above 104p should – for the terminally patient – suggest a cycle has commenced to a future 200p with our LONG term secondary, if bettered, at 316p. In fact, we can calculate quite a bit higher but dreams of Lloyds turning into an 8 quid share are probably best left on the shelf.

Our lower chart is probably more realistic, with its suggestion of above 104 triggering some real recovery within conventional timeframes, effectively proposing the potential of a future 122p provoking some hesitation in a rising cycle.

An inevitable alternate scenario suggests weakness below 91 risks promoting reversal to an initial 84 with our secondary, if broken, at 71p. Visually, there’s quite a strong suggestion any visit to the 84 level shall doubtless provoke a rebound.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:49:55PM BRENT 6371.1 6295 6125 5879 6388 6872 6619 6871 6277
10:53:03PM GOLD 4596.19
11:18:06PM FTSE 10206
11:02:52PM STOX50 6032.8
11:05:17PM GERMANY 25078.7
11:14:18PM US500 6897
11:22:27PM DOW 49002.9 48975 48832 48574 49065 49376 49560 49755 49240
11:49:31PM NASDAQ 25264.7
11:51:23PM JAPAN 53244

 

16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%
15/01/2026 FTSE Closed at 10238 points. Change of 0.53%. Total value traded through LSE was: £ 8,925,069,676 a change of 39.46%
14/01/2026 FTSE Closed at 10184 points. Change of 0.46%. Total value traded through LSE was: £ 6,399,572,065 a change of -4.73%
13/01/2026 FTSE Closed at 10137 points. Change of -0.03%. Total value traded through LSE was: £ 6,717,140,321 a change of 16.41%
12/01/2026 FTSE Closed at 10140 points. Change of 0.16%. Total value traded through LSE was: £ 5,770,093,543 a change of -6.73%
9/01/2026 FTSE Closed at 10124 points. Change of 0.8%. Total value traded through LSE was: £ 6,186,252,560 a change of -4.13%
8/01/2026 FTSE Closed at 10044 points. Change of -0.04%. Total value traded through LSE was: £ 6,452,774,443 a change of -6.4%

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:EMG MAN** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **

********

Updated charts published on : BALFOUR BEATTY, MAN, National Glib, Oxford Instruments, Primary Health, Serco, Standard Chartered,


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 735 Percentage Change: + 2.15% Day High: 736 Day Low: 717.5

All BALFOUR BEATTY needs are mid-price trades ABOVE 736 to improve accele ……..

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LSE:EMG MAN. Close Mid-Price: 271.8 Percentage Change: + 1.12% Day High: 272.2 Day Low: 263.8

All MAN needs are mid-price trades ABOVE 272.2 to improve acceleration to ……..

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LSE:NG. National Glib. Close Mid-Price: 1201.5 Percentage Change: + 1.74% Day High: 1198.5 Day Low: 1175.5

In the event of National Glib enjoying further trades beyond 1198.5, the ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2410 Percentage Change: + 3.66% Day High: 2415 Day Low: 2325

Target met. Continued trades against OXIG with a mid-price ABOVE 2415 sho ……..

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LSE:PHP Primary Health. Close Mid-Price: 104.5 Percentage Change: + 0.00% Day High: 105.1 Day Low: 104.4

All Primary Health needs are mid-price trades ABOVE 105.1 to improve acce ……..

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LSE:SRP Serco Close Mid-Price: 295 Percentage Change: -0.14% Day High: 297.2 Day Low: 292.2

Target met. All Serco needs are mid-price trades ABOVE 297.2 to improve a ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1878.5 Percentage Change: + 1.51% Day High: 1877.5 Day Low: 1848

Continued trades against STAN with a mid-price ABOVE 1877.5 should improv ……..

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