Trends And Targets

#DOW #Gold #FreeFutures We really hate sounding like panic merchants. Our commentary last Friday showed 5,260 on the chart, a number we felt worthy of display but we didn’t bother explaining the rational in the analysis. So, a drop of 1,467 points in a week saw the market close Thursday at 5,237 points. This is known as ‘ headless chicken’ territory…

What next, given the UK market closed a session below a major target level?

Rather surprisingly, we suspect some sort of rebound must be on the horizon, if only to allow the market to gather sufficient weight for future reversals. But we’re pretty far from confident any rebound will “stick”, given the FTSE is now trading lower than any point since 2012. We should probably abandon our inherent caution, instead adopting similar levels of misery to that adopted by a TV reporter interviewing a doctor.

The Big Picture now suggests weakness below 5237 should bring travel down to an initial 4969 points with secondary, if broken, at 4368 points. In fact, secondary could find itself at 3944, thanks the the market being manipulated downward at the open recently. Visually, there would normally be ample reason to hope for a rebound around the 4969 point but experience during March (hasn’t this been a long month!) constantly warns the only thing to expect is disappointment.

The market has been forcing the market down quite firmly!

This absurd suggestion comes, thanks to movements made in the opening second of trade. On the days the market was not actively forced downward at the open, reversals experienced were ‘only’ 60 and 70 points respectively. On the other two days this week, the market itself forced prices down at the open, creating an environment of panic. It’s certainly quite sobering to reflect on market reversals being caused by the market itself, perhaps taking advantage of an epidemic to maximise on a climate of fear.

Should the FTSE now manage below 3944 points, we’re looking at eventual reversal to a bottom (hopefully) of 3171 points. If achieved, this will be lower than 2009 and also, the crash of 2003.

Near term, we’ve a slight suspicion some sort of bounce may occur, so we’ll focus on recovery scenario first.

Above 5311 points is supposed to provoke recovery to a useless 5345 points. If exceeded, our secondary calculates up at 5427 points. And given the pace of descent, we can give a third target level, up at 5549 points, effectively the level the market stabilised for most of Thursdays session. If triggered, the tightest stop is at 5237 points.

Even for near term reversal potentials, we suggest looking at the Big Picture scenario above. Things are moving fast.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:51:23PM	BRENT	33.49	33.11	30.91		35.22	35.21	36.03		33.77	‘cess
10:54:54PM	GOLD	1576	1560	1549		1591	1609	1614		1566	Success
11:09:21PM	FTSE	5273	5194	5169		5354	5467	5620		5280	Success
11:11:29PM	FRANCE	3958	3943	3876.5		4103	4125	4172.5		4027	‘cess
11:14:37PM	GERMANY	8985	8843	8808		9121	9121	9195		8873	Success
11:18:22PM	US500	2452	2420	2372		2487	2553	2601		2492	Success
11:26:14PM	DOW	20934	20552	20480		21219	21555	21866		21220	Success
11:30:27PM	NASDAQ	7162.12	7059	6827		7486	7246	7302		7140	Success
11:33:19PM	JAPAN	17238	16949	16772.5		17542	17542	17646		17229	Success

 

 

12/03/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: £ 6,993,953,766 a change of -24.85%

11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%

10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%

9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

#Nasdaq #France Kimberly-Clark, owners of Andrex (the UK’s favourite toilet paper), must be laughing all the way to the loo, given UK public’ behaviour in response to CoronaVirus. Unsurprisingly, it looks like it shall need more than this countries irrational behaviour to save NYSE:KMB from being flushed. But first, some bumf.

It transpires the term “bumf” dates back to Victorian times, the word shortened from its original “bumfodder”. Which was the original name for toilet tissue. Thankfully, the word hasn’t strayed far from its roots, thanks to the vast levels of bumf received prior to the UK’s recent general election, materials still used to light the log fire!

As for Kimberly-Clark share price, it looks like weakness now below 131 should drive reversal to an initial 125 dollars. If (when) broken, we suspect it shall bottom at 105 dollars and hopefully rebound.

France, the CAC40, is looks a bit fraught. We last covered it in August 2019, giving criteria for reversal to 4728 points. It finally triggered reversal at the end of February and  since has been pretty much as expected, if rather fast. The index has now closed 3 sessions solidly below target, so we must dwell of downward potentials for the future.

The immediate situation is fairly blunt, the index requiring above 4990 points just to regain the prior uptrend… With the strength of downward commitment, we have our doubts. Instead, it appears weakness now below 4600 should bring reversal to an initial 4533. We’d hope for a real rebound at such a level as the implication below is quite dreadful. The secondary calculation comes in at 4358 points, taking the market to a “lower low” (yes, we’re getting fed up writing this) and placing the French index at risk of continuing downhill in the longer term to a bottom of 3094 points.

Of course, given the pace of recent reversals, “the longer term” could easily mean sometime next week!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:39:34PM	BRENT	36.27									‘cess
9:43:29PM	GOLD	1635.49									Shambles
9:46:29PM	FTSE	5810.02									Success
9:55:10PM	FRANCE	4548.8	4506	4449.5	4291	4576	4630	4646	4674	4570	‘cess
10:22:49PM	GERMANY	10287
10:26:15PM	US500	2763
10:29:29PM	DOW	23740									‘cess
10:32:13PM	NASDAQ	8096	7900	7797	7577	8130	8231	8281.5	8383	8072
10:34:50PM	JAPAN	19265	18919	18852.5	18440	19220	19696	19974	20322	19396

 

11/03/2020 FTSE Closed at 5876 points. Change of -1.41%. Total value traded through LSE was: £ 9,307,244,216 a change of -11.98%

10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%

9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

3/03/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: £ 8,783,341,942 a change of -20.21%

#FTSE #Japan Given it’s ‘amateur dramatic week’ for the price of Crude, a few emails reminded it’s worth a glance at Shell’s future price potentials. When we last reviewed them (link) we provided a scenario for 17 quid or less. Obviously, the share price has fully embraced these potentials, relaxing severely but curiously, there is an argument for a rebound.

Recovery anytime soon above above 1493p should prove useful, calculating with an initial price target at 1567p. Oddly (for us), despite this movement potential being rather trivial in the grand scheme of things, it’s a scenario we’re pretty comfortable with. Things become a bit more vague above 1567p as our secondary target works out at 1758p. Presently, all the secondary does is give hope for an attempt at the immediate downtrend (Blue). Only with price closure above this line dare we express sentiment of “proper” share price recovery commencing as we’re able to give 2239 as a third level target.

At time of writing, Shell are trading at 1371p and we’d now be inclined to alarm, if any excuse is found to drill down below 1243p. Movement such as this is liable to trigger reversal to an initial 1094p with secondary, if broken, down at 834p. Visually, the secondary calculation is absurd but unfortunately, so was our calculation yesterday which provided a drop target for Brent at 15 dollars.

Sometimes numbers, like politicians salaries, can be absurd. And unlike politicians salaries, they don’t have to be wrong.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:56:45PM	BRENT	38.17
10:04:57PM	GOLD	1651
10:07:49PM	FTSE	6105.61	6016	5908.5	5800	6059	6234	6383.5	6609	6016	Success
10:09:47PM	FRANCE	4824.8
10:37:52PM	GERMANY	10760									Success
10:41:23PM	US500	2853.92									Success
10:43:54PM	DOW	24777									Success
10:46:32PM	NASDAQ	8299.68									Success
10:50:44PM	JAPAN	19715	19008	18777.5	18309	19483	20108	20283	20708	19500	‘cess

10/03/2020 FTSE Closed at 5960 points. Change of -0.08%. Total value traded through LSE was: £ 10,574,130,773 a change of -8.51%

9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

3/03/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: £ 8,783,341,942 a change of -20.21%

2/03/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: £ 11,007,742,370 a change of -20.6%

#Gold #SP500 The markets are producing movements never before experienced. We’re more than a little concerned as despite any possible near term rebound, an awful lot of triggers were demolished which permit further weakness into the realms of doom. Brent proved a case in point. Our last report had $39 as “bottom”, a number which was ignored when the market gapped the price down at the open of trade, the day starting at 37.5 dollars before trading even commenced.

Equally, Gold is supposed to be a defensive commodity, we’d guess the metals density making it useful to hit anyone suspected of carrying Covid-19. Gold, thus far, has avoided making serious panic gains above the 1700 level. Perhaps Toilet Paper shall prove to be the new Gold, if panic buying is a reliable indicator!

The price of Brent is a certain concern, gapped down to open the week at 37.50 dollars. Usually we’re able to back test this sort of thing in an attempt to find a trend we’d previously missed. Unfortunately, on the occasion, we’re far from comfortable. Crude dropped further than we’d normally expect, now residing in a region with some pretty dire drop potentials.

Just over 4 years ago, Brent hit a market bottom at 27.8 dollars, a number we’d first mooted when it was trading at 107. And to be honest, while we mentioned the potential, we also ridiculed it, thinking the potential highly improbable. This time, we’re not being as cautious!

The situation now calculates with weakness below 31 dollars allowing reversal to an initial 25 dollars. If (or doubtless, when) broken, our secondary works out at a bottom of 15 dollars. We believe, if 15 dollars ever makes an appearance, Brent must bounce. Several reasons support such a theory. Firstly, since 2016, three quite distinct scenario now allow an eventual bottom of 15 dollars. Secondly, we cannot calculate anything below such a level.

Shown on the chart below is the immediate downtrend, suggesting the product price needs almost double to 60 dollars to rejoin prior trends.

Perhaps of greater concern should be the proposed target levels, each below the markets prior disaster level of 27.8 dollars. The implicit suggestion therefore is the best we can hope is an entirely new trend shall develop in the future, one which will find difficulty taking the product to prior levels.

Unless, of course, something happens in the world and proves able to change the perception of “demand” for crude oil.

We’ve not bothered writing "success" against each index. While all drop targets were achieved, it was due to the markets being gapped down at the open. This sort of thing never feels like a win.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:19:54PM	BRENT	33.58									Success
10:22:15PM	GOLD	1677.41	1632	1611.5	1581	1670	1703	1730.5	1776	1663
10:28:07PM	FTSE	5755									Yes
10:32:57PM	FRANCE	4575.8									Yes
10:35:57PM	GERMANY	10279									Yes
10:40:01PM	US500	2732	2700	2655	2557	2787	2812	2826	2868	2751	Yes
11:01:54PM	DOW	23781									Yes
11:06:11PM	NASDAQ	8036.82									Yes
11:09:40PM	JAPAN	19093									And yes

 

9/03/2020 FTSE Closed at 5965 points. Change of -7.55%. Total value traded through LSE was: £ 11,557,885,051 a change of 24.01%

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

3/03/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: £ 8,783,341,942 a change of -20.21%

2/03/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: £ 11,007,742,370 a change of -20.6%

28/02/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: £ 13,863,850,185 a change of 59.9%

#Brent #DAX Virus fears certainly appear to be fouling airline share prices but it’s perhaps worth mentioning neither IAG nor EZY are yet trading in a zone where panic makes sense. They’re both certainly pretty close to messy, their prices not yet entering the official “lower low” flight level to misery.

However, we’ve decided it’s probably best not being flippant about Coronavirus. News coverage now pollutes every single section of Google News – World / Local / Sport / Business / Entertainment(?) / Politics, Tech, even Science!

It’s doubtless fair to assume folk will prefer avoid spending any time in flying Petri dishes while panic levels remain high. This will surely create an ongoing income problem for the travel industry, making it easy to believe the drops since February 20th may simple be early warning of trouble. If this proves the case, weakness against IAG below 394p risks proving messy, signalling the risk of further reversal to 334p. If broken, secondary calculates down at 222p.

Despite being a truly shambolic reversal suggestion – a 50% reduction on current – this risks not being the end of the story as “bottom” works out at somewhere between 100 and 138p ultimately.

At present, there is very little point in drawing a trend line to map the pace of reversals. Were we to do so, about the best we could suggest is of moves above 550p signalling the drop has slowed. In reality, any recovery is liable to prove sharp and vivid, if someone announces they’ve knocked together a cure for Covid-19 in their garden shed! But to be fair, we’d tend believe above just 462p will give sufficient early warning for price recovery.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
6:45:14PM	BRENT	45.56	45.2	43.06	36.56	52	53.8	55.4	58.8	51	Success
7:37:52PM	GOLD	1674.15									Shambles
8:09:16PM	FTSE	6457.4									Success
8:31:33PM	FRANCE	5139									Success
8:34:14PM	GERMANY	11525	11419	11365	11152	11590	11767	11866	12015	11551	Success
8:36:07PM	US500	2964.07									Success
9:17:52PM	DOW	25806.6									Success
9:20:00PM	NASDAQ	8504.12									Success
9:21:51PM	JAPAN	20424									Success

 

6/03/2020 FTSE Closed at 6452 points. Change of -3.77%. Total value traded through LSE was: £ 9,320,342,676 a change of 15.12%

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

3/03/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: £ 8,783,341,942 a change of -20.21%

2/03/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: £ 11,007,742,370 a change of -20.6%

28/02/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: £ 13,863,850,185 a change of 59.9%

27/02/2020 FTSE Closed at 6796 points. Change of -3.49%. Total value traded through LSE was: £ 8,670,151,517 a change of 31.45%

#FTSE, #DAX, #DOW Few things are as enjoyable as having an entire swimming pool to yourself. A lingering cold ensured a visit to a local fitness club and its pint  sized pool was avoided. Finally couldn’t take it any more, visiting during Thursday afternoon. An hour of peace and quiet, none of the regular “walrus” swimmers breast stroking their incessant lengths. Better still, the childrens pool was also empty, no mothers and screaming babies. Being alone on a racing circuit or ski slope gives similar levels of confidence, the realisation the only person to compete with is yourself.

And perhaps more importantly, no-one to see you foul up royally!

And then the penny dropped.

A virus with the name Covid-19 is already stopping people congregating, folk doing it quietly without fuss. Chatting to the pool staff, visitor numbers are apparently reduced, the suspicion being customers are simply taking sane precautions. This is in Argyll, Scotland, literally one of the least populated parts of the UK, traditionally the last place to declare General Election results. This is due to bad weather stopping helicopters bringing ballot boxes from the islands. Once, the predecessor of Royal Mail experimented with firing mail by rocket across some sea narrows. At this time of year, we’re not exactly tripping over tourists and a virus will need work hard to spread.

There had been a quiet boycott of a Chinese takeaway, thanks to the place shutting for a week for the new year. The owners returned from visiting their family, discovering a sharp drop in trade thereafter. Eventually, a local social media campaign got the message across they’d only been visiting family in London and not HK, thus trade started to return.

Of course, this prompted the question. How are things over on the mainland?

At present, financial volumes through London are pretty useful, broadly speaking up 50% from the same period last year. The Brexit Hiatus shall forever be ingrained in memory and we’ve been seeing levels of trade increase, since last Decembers election brought what passes for clarity.

To focus on dangers, the other day the FTSE hit 6460 and bounced. We’re tending regard this as pretty significant as the real danger now points at weakness below this level now calculating with an initial 6243 points with secondary, when (not if) broken at 5858 points. These “big picture” numbers are broadly similar to our last set of calculations, suggesting the pace of movement has stabilised over the last few sessions – despite some utterly mad swings.

Another detail, one we’re not comfortable with, has been the behaviour of the FTSE in relation to RED on the chart. Last Friday, the index closed below the trend, a faux pas rapidly corrected. We shall be extremely alarmed now will closure below this level, presently at 6685 (roughly).

Nearer term, the FTSE is as complicated as usual. Weakness now below 6656 looks capable of reversal to an initial 6615 points. If broken, secondary calculates down at 6533 points. The other side of the coin comes with movement now above 6724 computing with an initial ambition at a useless 6743 points. In the event its exceeded, our secondary works out at a more interesting 6818 points.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:28:01PM	BRENT	50.11	49.92	49.65	48.26	51.07	51.82	52.33	53.2	49.85	‘cess
10:40:33PM	GOLD	1672.84	1654	1648.295	1639.59	1674	1674	1679.25	1696	1654	Success
10:44:41PM	FTSE	6625.26	6598	6587.5	6489	6670	6725	6780	6840	6659	‘cess
10:52:07PM	FRANCE	5284.3	5260	5240	5168	5320	5390	5439.5	5499	5304	Success
10:57:11PM	GERMANY	11799.22	11768	11732.5	11550	11865	11899	11925	11985	11767	‘cess
10:59:44PM	US500	3025.42	2997	2972	2946	3043	3082	3109	3146	3031	‘cess
11:04:00PM	DOW	26160	25933	25842	25419	26183	26354	26452	26625	26055	‘cess
11:05:45PM	NASDAQ	8671.62	8610	8530.5	8391	8744	8767	8811	8878	8628
11:12:03PM	JAPAN	20825	20728	20578.5	20288	20879	20915	20975	21023	20751	Success

 

5/03/2020 FTSE Closed at 6705 points. Change of -1.61%. Total value traded through LSE was: £ 8,096,440,019 a change of 2.53%

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

3/03/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: £ 8,783,341,942 a change of -20.21%

2/03/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: £ 11,007,742,370 a change of -20.6%

28/02/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: £ 13,863,850,185 a change of 59.9%

27/02/2020 FTSE Closed at 6796 points. Change of -3.49%. Total value traded through LSE was: £ 8,670,151,517 a change of 31.45%

26/02/2020 FTSE Closed at 7042 points. Change of 0.36%. Total value traded through LSE was: £ 6,595,554,712 a change of -16.85%

 

 

#DOW #SP500 When we last reviewed #Sirius (link), we gave criteria for a lift to 5p. Thankfully, the share price has not only reached this level but exceeded it, suggesting a new game is afoot. The share price has been very obviously lifted above the immediate downtrend, hinting the market has plans for the future.

It appears, near term above 5.5p should bring continued recovery toward an initial 6.8p. Beyond such a level, things get more than a little vague and we suspect moves shall depend on news flow, along with overall market conditions. Our secondary above 6.8 calculates at 7.6p but, thanks to the circled gaps, the share price could easily accelerate to 8.7p instead.

We’re a little surprised at our 3rd level target of 8.7p as it doesn’t even come close to covering the gap from 10p in September last year. Usually, the implication is we should expect some volatility as the price recovers, ideally banking sufficient energy for some longer term price growth.

The other side of the coin is at 5p currently. Any move capable of bringing Sirius below the Grey trendline would prove a poor show, hinting the forced upward movement has been a mistake. Visually the chances of this are doubtful unless the company has some further bad news they intend release. A shuffle below this trend risks real trouble, taking the price into a zone where 1.4p presents as a “fingers crossed” bottom, thanks to the ultimate drop target residing at an impossible -17p!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:35:32PM	BRENT	51.59
10:39:26PM	GOLD	1637.71
10:41:33PM	FTSE	6840.77									Success
10:43:33PM	FRANCE	5531.5
10:45:55PM	GERMANY	12218.45									Success
10:50:13PM	NASDAQ	8896.3									Success
10:52:13PM	US500	3113.82	3031	2992.5	2946	3077	3133	3151.75	3177	3082	‘cess
10:58:53PM	DOW	26969	26351	26161.5	25850	26650	27095	27192.25	27405	26799	Success
11:01:02PM	JAPAN	21432

 

4/03/2020 FTSE Closed at 6815 points. Change of 1.44%. Total value traded through LSE was: £ 7,896,662,173 a change of -10.1%

3/03/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: £ 8,783,341,942 a change of -20.21%

2/03/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: £ 11,007,742,370 a change of -20.6%

28/02/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: £ 13,863,850,185 a change of 59.9%

27/02/2020 FTSE Closed at 6796 points. Change of -3.49%. Total value traded through LSE was: £ 8,670,151,517 a change of 31.45%

26/02/2020 FTSE Closed at 7042 points. Change of 0.36%. Total value traded through LSE was: £ 6,595,554,712 a change of -16.85%

25/02/2020 FTSE Closed at 7017 points. Change of -1.94%. Total value traded through LSE was: £ 7,932,387,742 a change of 6.36%