Trends And Targets

#Brent #Nasdaq It’s unusual to be starting a month, feeling like some hope is possible for banking shares. Obvious, the state Mr Trumps health is capable of knocking over the applecart for the markets but otherwise, the retail banks no longer look as vile as usual. In fact, #Lloyds – as hoped – appears to be bouncing just above our previous target drop level. Is it real?

 

At time of writing, Lloyds Bank share price is around the 27p level. We’ve allocated 29.6p as the potential trigger level for “proper” recovery commencing, so it’s not far away. Our thinking is pretty basic on this matter. Above 29.6p shall tend suggest bottom is “in” with the result further twitches upward should prove difficult to unwind, unless either the tone of company news or the efforts of politicians become involved. Or we could all catch Covid-19, in which case the fate of a banks share price will doubtless become less interesting!

If our reading of the tea leaves proves correct again, above 29.6p anytime soon should prove price recovery to an initial 33p with secondary, if exceeded, a more interesting 35.5p. We’ve allocates 35.5p with special powers, thanks to closure above this point launching the banks share price into a region with a hypnotic attraction coming from the 50p level eventually. We can, of course, calculate beyond such a price level but to retain a grasp of reality, we’d prefer running the numbers again as the path to such a target level, if achieved, is liable to provide some fairly concise cues for longer term price behaviour.

 

For the immediate future, we suspect we are in the same camp as the rest of the world. News of Mr Trumps health was delayed until the markets closed on Friday with the result, we’re a little concerned as to what the coming week holds. Should Lloyds share price experience reversal below 25.5p, this will give concerns as it once again implies the risk of a bottom at 22.3p. If broken, secondary is at 18p.

Hopefully optimism remains viable as, goodness knows, we all could do with something looking positive!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
4:45:26PM	FTSE	5913
4:53:55PM	BRENT	39.21	38.82	38.62	37.52	39.9	41.06	41.565	42.48	39.95	Success
5:01:50PM	GOLD	1900.91									‘cess
5:03:54PM	FRANCE	4833									‘cess
5:06:03PM	GERMANY	12741									Success
5:30:38PM	NASDAQ	11272	11219	11129.5	10965	11369	11476	11545	11655	11290	Success
5:45:54PM	US500	3355.97									Success
5:47:53PM	DOW	27756.9
5:50:01PM	JAPAN	23181									Success

 

 

2/10/2020 FTSE Closed at 5902 points. Change of 0.39%. Total value traded through LSE was: £ 4,285,372,497 a change of -12.92%

1/10/2020 FTSE Closed at 5879 points. Change of 0.22%. Total value traded through LSE was: £ 4,921,284,024 a change of -5.87%

30/09/2020 FTSE Closed at 5866 points. Change of -0.53%. Total value traded through LSE was: £ 5,228,309,512 a change of 10.67%

29/09/2020 FTSE Closed at 5897 points. Change of -0.51%. Total value traded through LSE was: £ 4,724,132,311 a change of -0.94%

28/09/2020 FTSE Closed at 5927 points. Change of 1.45%. Total value traded through LSE was: £ 4,768,816,378 a change of 0.46%

25/09/2020 FTSE Closed at 5842 points. Change of 0.34%. Total value traded through LSE was: £ 4,747,164,651 a change of -0.48%

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

#FTSE #WallSt The UK index is presently doing “a thing” we used to be keen on witnessing from Wall St. It’s important to remember most chart patterns are utter nonsense but chart behaviour is often something else, essentially creating a map of human behaviour. And unlike human behaviour, it sometimes makes sense too.

This dive into “fascinating” comes from a break of the market uptrend, since the Covid-19 drop in March. On Sept 20th, the UK index barged through the trend with similar aplomb to a Scottish MP, when faced with Covid-19 regulations (and common sense and common decency). By slicing below 5863 points, the FTSE entered territory where we’d normally be comfortable pointing out weakness next below 5800 points risks a reversal cycle to 5619, perhaps even 5478 points.

 

However, Wall St has been guilty of producing trend breaks which are followed up by very tentative recovery dance steps. When an index breaks a trend, then the market creeps up the trend line (circled in Red), in the case of the USA it generally means surprise recovery is coming, due to the market not actually experiencing a loss of confidence due to the trend break. Quite the opposite may be happening as an index constantly gaining in value may indicate the potential of sudden strengthening of confidence. While it’s rare for the UK to exhibit this sort of movement, it’s something we watch for against the American markets.

In the case of the UK, the scenario presently exists where the potential of surprise recovery to 6294 calculates as an initial target. Secondary works out at a longer term 6751 points. If taking this at face value and opting to open a speculative Long position, the market even offers 5800 points visually as the tightest stop loss level! It’s certainly an interesting scenario with a massive Risk/Reward ratio. We’re obviously nervous, thanks to the pandemic soup in which we swim, presently.

FTSE for FRIDAY The foregoing section, while giving the impression of optimism, cleverly avoided giving any confident clue as to actual market direction in the near term. Normal rules suggest we should anticipate reversals.

Weakness next below 5846 suggests the potential of reversals to an initial 5817 points with secondary, if broken, at 5772 points. If triggered, the tightest stop is at 5902 points.

Alternately, above 5902 points calculates with an initial tame 5920 points with secondary, if exceeded, calculating at 5957 points. Unfortunately, as we enter the final day of the week, we’ve no clear idea of what to expect in the near term.

Have a good weekend.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:50:06PM	BRENT	40.75	41.4	39.53		41.1	41.45	41.685		40.59	‘cess
10:53:12PM	GOLD	1906.39	1893	1887.5		1903	1913	1918		1902	‘cess
11:05:55PM	FTSE	5876	5847	5836.5		5887	5900	5936		5854
11:07:43PM	FRANCE	4821	4800	4776		4832	4871	4878		4826
11:09:34PM	GERMANY	12713	12669	12640		12754	12809	12835		12725
11:11:25PM	US500	3374	3360	3347.5		3388	3397	3403.5		3374
11:18:14PM	DOW	27829	27662	27583		27862	28081	28137.75		27898	Shambles
11:20:00PM	NASDAQ	11598	11447	11402.5		11528	11612	11635.5		11506	‘cess
11:21:40PM	JAPAN	23317	23200	23176		23313	23373	23434		23256

1/10/2020 FTSE Closed at 5879 points. Change of 0.22%. Total value traded through LSE was: £ 4,921,284,024 a change of -5.87%

30/09/2020 FTSE Closed at 5866 points. Change of -0.53%. Total value traded through LSE was: £ 5,228,309,512 a change of 10.67%

29/09/2020 FTSE Closed at 5897 points. Change of -0.51%. Total value traded through LSE was: £ 4,724,132,311 a change of -0.94%

28/09/2020 FTSE Closed at 5927 points. Change of 1.45%. Total value traded through LSE was: £ 4,768,816,378 a change of 0.46%

25/09/2020 FTSE Closed at 5842 points. Change of 0.34%. Total value traded through LSE was: £ 4,747,164,651 a change of -0.48%

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

23/09/2020 FTSE Closed at 5899 points. Change of 1.2%. Total value traded through LSE was: £ 4,741,814,629 a change of -1.55%

#Brent #Gold There’s little doubt 2020 shall be remembered as “The Year When Everything Changed”. Attending a funeral in Scotland, the service restricted to 20 people, an intimidating honour guard of cars lining the final route, little contact between people, a friend was laid to rest. This, the new normal, only lacking the body delivered in an Amazon cardboard box to complete the picture.

It’s surprising how easy the transit to internet shopping has become, concepts of shopping lists forgotten as items are “added to baskets” when remembered and ideally, remembering to pay and complete the transaction too. There must be other folk who’ve guiltily explained that yes, I did remember to order that and yes, it’s still in my basket. Who needs toilet paper anyway?

 

Amazon’s share price has massively enjoyed considerable benefit from the changed habits. Surprisingly, eBay has not yet experienced such exuberance though, should eBay exceed the 62 dollar mark, the words “Go Long and Wait” shall not be far away! Unlike eBay, Amazon feel poised for further price gains anytime soon, thanks to movements during September.

Above 3,213 now looks capable of movement to an initial 3,502 and visually, some hesitation is expected at such a level, due to the price matching the highs at the start of September. With closure above 3,502, continued growth to 3,828 calculates as possible. At present, we cannot calculate above 3,828 with the result, should Amazon exceed such a level, it also enters a new world where everything changes for the price.

 

Obviously we can dust down an alternate scenario, if everything starts to go a little wrong. Weakness below 2,950 risks reversal to an initial 2,654 with secondary, if broken, at a bottom (hopefully) of 2,363 dollars. At present, we’re fairly enthusiastic at the prospect of 3,502 making an appearance.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:40:46PM	BRENT	42.04	41.18	40.685	39.53	41.79	42.5	42.725	43.36	41.53	Success
10:09:19PM	GOLD	1886.1	1881	1876	1867	1892	1903	1906.5	1915	1887	Shambles
10:12:46PM	FTSE	5850.54									Sorry
10:15:30PM	FRANCE	4804.5									Shambles
10:24:08PM	GERMANY	12731									‘cess
10:32:08PM	US500	3351.52									Success
10:34:26PM	DOW	27734									Success
10:37:06PM	NASDAQ	11385									Success
10:39:55PM	JAPAN	23256									Success

30/09/2020 FTSE Closed at 5866 points. Change of -0.53%. Total value traded through LSE was: £ 5,228,309,512 a change of 10.67%

29/09/2020 FTSE Closed at 5897 points. Change of -0.51%. Total value traded through LSE was: £ 4,724,132,311 a change of -0.94%

28/09/2020 FTSE Closed at 5927 points. Change of 1.45%. Total value traded through LSE was: £ 4,768,816,378 a change of 0.46%

25/09/2020 FTSE Closed at 5842 points. Change of 0.34%. Total value traded through LSE was: £ 4,747,164,651 a change of -0.48%

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

23/09/2020 FTSE Closed at 5899 points. Change of 1.2%. Total value traded through LSE was: £ 4,741,814,629 a change of -1.55%

22/09/2020 FTSE Closed at 5829 points. Change of 0.43%. Total value traded through LSE was: £ 4,816,339,128 a change of -8.93%

#FTSE #Japan Airline price movements often make as much sense as UK politicians talking about Covid-19 rules. #Easyjet, the subject of frequent media speculation, enjoy a share price which is wandering around with similar levels of control to a chimp flying a Sopwith Camel. Essentially, things feel they will not end well. In the case of Easyjet, a “glass floor” has formed on the share price, one we feel shall crack!

 

The problem level appears to be at 477p with price movement below such a level risking triggering some quite traumatic falls. Since the March pandemic price drop, Easyjet has failed regain any of the damage, instead maintaining a holding pattern around the 477p level. The immediate situation is dangerous as weakness below 477p indicates coming price reversals down to an initial 419p with secondary, if (when) broken at 353p and perhaps a bounce.

However, should the share price opt to visit the 353p level, it enters the dark lands of “lower lows”. In such a region, the wrong sort of publicity could sharply propel the share down to a bottom of 117p and this is obviously a concern, since it’s unlikely airlines shall publish promising financial or passenger numbers for this dreadful year. Visually a visit to 117p makes little sense as the last time this company saw such a price level was 16 years ago!

We cannot calculate below 117p.

 

If we chose to search for movements which shall hopefully indicate some price recovery, the earliest hint of sanity resides at 540p as movement above such a level suggests price recovery to a pretty tame looking 598p. If exceeded, our secondary calculates at 718p and with closure above such a level, things start to look promising for the future. To get real, we’d require run analysis again at such a point but the 11 quid level looks easily attainable.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:29:09PM	BRENT	41.37									Success
10:32:13PM	GOLD	1897.81									‘cess
10:34:18PM	FTSE	5898.5	5881	5870	5840	5912	5926	5944	5972	5883	Success
10:36:06PM	FRANCE	4825.2
10:37:58PM	GERMANY	12830
10:49:22PM	US500	3338
10:51:38PM	DOW	27498
10:53:43PM	NASDAQ	11333
10:55:53PM	JAPAN	23419	23332	23298.5	23199	23481	23597	23635	23714	23454	‘cess

 

 

 

29/09/2020 FTSE Closed at 5897 points. Change of -0.51%. Total value traded through LSE was: £ 4,724,132,311 a change of -0.94%

28/09/2020 FTSE Closed at 5927 points. Change of 1.45%. Total value traded through LSE was: £ 4,768,816,378 a change of 0.46%

25/09/2020 FTSE Closed at 5842 points. Change of 0.34%. Total value traded through LSE was: £ 4,747,164,651 a change of -0.48%

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

23/09/2020 FTSE Closed at 5899 points. Change of 1.2%. Total value traded through LSE was: £ 4,741,814,629 a change of -1.55%

22/09/2020 FTSE Closed at 5829 points. Change of 0.43%. Total value traded through LSE was: £ 4,816,339,128 a change of -8.93%

21/09/2020 FTSE Closed at 5804 points. Change of -3.38%. Total value traded through LSE was: £ 5,288,811,181 a change of -43.99%

#Gold #Nasdaq Every now and then, a share features in our emails which provokes an instant dislike. Valirx starts the week, waving an enormous red flag thanks to its price behaviour over the years. We’ve written previously about our dislike for “Share Splits”, a method by which the market manipulates a price to make a share sound more respectable. In the case of LSE:VAL, they cottoned onto this wheeze initially in 2007, magically making a 0.2p into a 6p share with a 30:1 share split.

Did it help?

Nope, not in the slightest. By May 2015, another attempt at “respectability” saw the share enter Harry Potter land, a wave of a wand bringing the price from 0.1p to 12.5p, thanks to a 125:1 share split.

Finally, in April of this year, yet another “Share Split” of 40:1 (ie; for every 40 shares you have, we shall now call it 1 share) brought the price to 4p. This time, thanks to a pandemic along with a market eager to find a company in the medical field successfully active in the Covid-19 arena, Valirx price has finally shown some movement which looks genuine. Unfortunately, this repeated consolidation of shares has created a situation where the price will need achieve £2,000 per share just to allow the suckers from 13 years ago to break even.

Equally, £30 per share will allow folk from 5 years ago to break even!

But this year has been different, so far anyway.

 

The immediate situation is not ideal as weakness next below 25p calculates with the risk of reversal to 20p and hopefully a rebound. The implication, should 20p break, is of travel yet again to the realms below 1p (at best) as we cannot reliably calculate an ultimate bottom.

However, price movement since their most recent share split has broken the mould and despite an absolutely foul start to this week, we shall be interested if the price manages above 39p anytime soon as this is supposed to provoke recovery to an initial 49p. It’s above this level where things get useful as 69p calculates as possible. Beyond such a level is liable to prove equally useful. Ideally we shall need run the numbers again but currently, a longer term attraction comes from 91p.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:33:40PM	BRENT	42.89
10:36:23PM	GOLD	1881.8	1848	1840.5	1826	1867	1884	1891.5	1906	1864	Shambles
10:38:24PM	FTSE	5947.81									‘cess
10:40:33PM	FRANCE	4837									Success
10:44:42PM	GERMANY	12900									Success
10:46:37PM	US500	3357.97									Success
10:49:57PM	DOW	27644.4									Success
10:51:52PM	NASDAQ	11402.52	11179	11148	11058	11302	11418	11458.5	11718	11238	Success
10:54:16PM	JAPAN	23509									‘cess

 

28/09/2020 FTSE Closed at 5927 points. Change of 1.45%. Total value traded through LSE was: £ 4,768,816,378 a change of 0.46%

25/09/2020 FTSE Closed at 5842 points. Change of 0.34%. Total value traded through LSE was: £ 4,747,164,651 a change of -0.48%

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

23/09/2020 FTSE Closed at 5899 points. Change of 1.2%. Total value traded through LSE was: £ 4,741,814,629 a change of -1.55%

22/09/2020 FTSE Closed at 5829 points. Change of 0.43%. Total value traded through LSE was: £ 4,816,339,128 a change of -8.93%

21/09/2020 FTSE Closed at 5804 points. Change of -3.38%. Total value traded through LSE was: £ 5,288,811,181 a change of -43.99%

18/09/2020 FTSE Closed at 6007 points. Change of -0.69%. Total value traded through LSE was: £ 9,442,217,884 a change of 120.95%

#DAX #BRENT Will Barclays ever become a Disney Princess? Stranger things have happened. Only today, while standing looking at a depressing pile of logs awaiting the attention of an axe, the writer was anointed with natures favour, finding himself frozen in place with a red squirrel on his shoulder! A couple of the things were squabbling noisily, the argument turning into a chase. Suddenly one changed course, running up my trousers and settling on my shoulder for a few seconds.

Abruptly, with a brief squirrel swearword at its opponent, it leapt onto a tree stump and ran off. The other squirrel just glared down at me.

To be honest, during the encounter, feeling like a Disney Princess was quite far from the mind. Instead terror at the suspicion of being mugged by two Red Squirrel.

As the unexpected squirrel reminded, strange things can happen in real life, so we’re looking (again) for any signal of redemption for Barclays share price. Our previous analysis three weeks ago suggested the potential of reversal to 95 initially with secondary, if broken, at 85p. In the period since, the lowest achieved has been 88p so perhaps this is an indication of implicit strength. To be honest, we’ve considerable doubts about this but we’d prefer examine early warning signs, should Barclays opt to return from the dark side and embrace its inner Disney Princess.

Presently trading around 91p, Barclays needs exceed 99p to promote the possibility of further recovery toward 103.5p. Obviously this is a pretty insignificant movement but above 103.5p will imply any bounce is real, ticking a pretty important box in our criteria. Above 103.5p and we can mention 113p as a fairly solid ambition, perhaps even 128p if positive market conditions prevail.

 

Unfortunately, this about exhausts our efforts to put a positive spin on things. The situation now exists of weakness below 88p risking triggering reversals to 82p next with secondary, if broken, at a painful bottom of 65p and hopefully a proper rebound. We’re a depressing feeling the share price intends reach 65p eventually.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
1:51:06PM	BRENT	42.24	41.9	41.3	40.36	42.46	42.75	43.125	43.62	42
1:55:38PM	GOLD	1862.29
1:59:26PM	FTSE	5874
2:01:49PM	FRANCE	4769
2:05:00PM	GERMANY	12561.93	12455	12321.5	12150	12582	12588	12673.5	12786	12508
2:08:23PM	US500	3295
2:12:22PM	DOW	27146
2:14:38PM	NASDAQ	11147
2:16:28PM	JAPAN	23302

25/09/2020 FTSE Closed at 5842 points. Change of 0.34%. Total value traded through LSE was: £ 4,747,164,651 a change of -0.48%

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

23/09/2020 FTSE Closed at 5899 points. Change of 1.2%. Total value traded through LSE was: £ 4,741,814,629 a change of -1.55%

22/09/2020 FTSE Closed at 5829 points. Change of 0.43%. Total value traded through LSE was: £ 4,816,339,128 a change of -8.93%

21/09/2020 FTSE Closed at 5804 points. Change of -3.38%. Total value traded through LSE was: £ 5,288,811,181 a change of -43.99%

18/09/2020 FTSE Closed at 6007 points. Change of -0.69%. Total value traded through LSE was: £ 9,442,217,884 a change of 120.95%

17/09/2020 FTSE Closed at 6049 points. Change of -0.48%. Total value traded through LSE was: £ 4,273,425,233 a change of -23.19%

#FTSE #GBPUSD It’s easy to think of Sterling’s woes as being a Brexit thing or a Covid thing but the harsh reality of the decline in the pounds strength dates back to 2007 and the start of the financial crash. The chart below spells out this drama with painful clarity, GBPUSD failed to recover from the crash, steadily edging lower in the period since.

We’ve been predicting parity (or worse) for this pair, quite literally for years. The market has proven fairly rigid with its 13 year Blue downtrend with a simple glance indicating the relationship requires exceed 1.34 at present to suggest something game changing is happening. Needless to say, we’ve our own collection of mumbo jumbo reasons to distrust something as obvious as a trend line. Instead, we can calculate GBPUSD needs above 1.39 to cancel the chances of parity making an appearance eventually. In such a miraculous event, we can point to recovery to 1.53 initially with secondary, if exceeded, an amazing sounding 1.71. The surprising thing about the secondary calculation is it’s quite pleasing visually, matching a peak level from 2014 and suggesting a glass ceiling awaits.

Unfortunately, we’re not terribly optimistic, entirely due to the long term threat of parity.

We feel it more likely this relationship shall founder below 1.21, triggering sharp reversal to an initial 1.11 and taking the pair into a zone where our secondary longer term calculation works out at 1.01 and hopefully “bottom”.

FTSE for Friday (FTSE:UKX) The market did not complete Thursday in a happy place, making us fear Friday shall produce some continued FTSE misery. Weakness next below 5803 points (but don’t trust a spike down at the open) suggests reversals coming toward an initial 5757 points. If broken, our longer term (or later that day) secondary calculates at 5683 points! If triggered, the tightest stop is relatively sane at 5867 points. In fact, the risk/reward ratio is such we’re starting to wonder if a negative day shall occur.

The converse scenario comes, should the FTSE manage to stagger above 5867 points as this carries the potential of recovery to a useless 5886 points. If exceeded, our secondary works out at 5938 points, taking the UK market into a region where optimism can easily provide a 3rd target level at 5980 points.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:03:40PM	BRENT	42.25	41.65	41.31		42.47	43	43.185		42
9:27:02PM	GOLD	1870	1848	1844		1877	1877	1881		1853
9:56:05PM	FTSE	5846	5801	5766		5867	5893	5913		5833	‘cess
9:59:34PM	FRANCE	4771.2	4743	4707.5		4800	4807	4824		4762
10:02:06PM	GERMANY	12645	12513	12462.5		12649	12667	12714		12604
10:04:20PM	US500	3252.02	3209	3195		3255	3267	3280		3239	Success
10:09:05PM	DOW	26865	26539	26412		26881	27102	27170		26805	‘cess
10:21:54PM	NASDAQ	10932	10787	10746		10955	11036	11103.5		10822	‘cess
10:24:21PM	JAPAN	23147	23066	22980		23173	23180	23251.5		23070	Success

 

24/09/2020 FTSE Closed at 5822 points. Change of -1.31%. Total value traded through LSE was: £ 4,769,890,114 a change of 0.59%

23/09/2020 FTSE Closed at 5899 points. Change of 1.2%. Total value traded through LSE was: £ 4,741,814,629 a change of -1.55%

22/09/2020 FTSE Closed at 5829 points. Change of 0.43%. Total value traded through LSE was: £ 4,816,339,128 a change of -8.93%

21/09/2020 FTSE Closed at 5804 points. Change of -3.38%. Total value traded through LSE was: £ 5,288,811,181 a change of -43.99%

18/09/2020 FTSE Closed at 6007 points. Change of -0.69%. Total value traded through LSE was: £ 9,442,217,884 a change of 120.95%

17/09/2020 FTSE Closed at 6049 points. Change of -0.48%. Total value traded through LSE was: £ 4,273,425,233 a change of -23.19%

16/09/2020 FTSE Closed at 6078 points. Change of -0.44%. Total value traded through LSE was: £ 5,563,460,983 a change of 15%