SSE Plc (LSE:SSE), trading around 1,853p. #Gold #Nasdaq One of our favourite trend lines is the “Horizontal Trend”. Essentially, if you want a “safe” trade, taking a long position at the point where a price exceeds the Horizontal Trend and snatching a quick 10 to 15% price rise rarely goes wrong. Making this scenario a little more solid, in March 2024 we’d also given criteria for movement to 1935p, an ambition achieved in September last year. But something quite strange has been happening!
When we look at how the share price has behaved since it bettered our Horizontal Trend, things have been slightly mad, the value bouncing above and below the flat Blue trend line around 1670p, behaviour which has probably being driving technical analysts utterly insane. To be honest, the share has totally fouled up any calculations above our prior target of 1935p. We’ve a growing suspicion this prior target level shall be again assigned with the power to create yet another horizontal trend. Should this be the case, future share price closure above 1935p should prove significant, a movement capable of triggering some interest in a future 2266p with our secondary, if beaten, a longer term 2432p.
This begins to feel a little silly, creating an assumption a horizontal trend shall simply move upward rather than a share price exhibiting convention behaviour and entering a proper climbing (or failing) cycle. But for a sector such as this, where movements traditionally prove quite stale, it actually makes a degree of sense though will take getting used to.
Should things intend go wrong for SSE, it needs below 1487p to cause trouble, giving the threat of reversal to an initial 1242 with our secondary, if broken, a visually sane bottom at 987p. Obviously, nothing is currently suggesting such a thing, so perhaps the UK Government is about to release a rule which stops our countries electricity prices being higher than anywhere else in Europe!
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
11:16:41PM | BRENT | 7262.1 | ‘cess | ||||||||
11:20:41PM | GOLD | 3278.3 | 3268 | 3249 | 3186 | 3304 | 3305 | 3316 | 3332 | 3288 | Success |
11:23:39PM | FTSE | 9144.7 | |||||||||
11:25:56PM | STOX50 | 5415.5 | |||||||||
11:39:09PM | GERMANY | 24328.4 | ‘cess | ||||||||
11:41:37PM | US500 | 6408.9 | Success | ||||||||
11:44:30PM | DOW | 44548.6 | Success | ||||||||
11:47:59PM | NASDAQ | 23595 | 23223 | 23085 | 22913 | 23451 | 23601 | 23625 | 23699 | 23520 | ‘cess |
11:50:10PM | JAPAN | 40762 |
30/07/2025 FTSE Closed at 9136 points. Change of 0%. Total value traded through LSE was: £ 5,242,351,161 a change of -7.33%
29/07/2025 FTSE Closed at 9136 points. Change of 0.61%. Total value traded through LSE was: £ 5,656,845,157 a change of 28.68%
28/07/2025 FTSE Closed at 9081 points. Change of -0.43%. Total value traded through LSE was: £ 4,395,992,123 a change of -22.42%
25/07/2025 FTSE Closed at 9120 points. Change of -0.2%. Total value traded through LSE was: £ 5,666,736,165 a change of 2.7%
24/07/2025 FTSE Closed at 9138 points. Change of 0.85%. Total value traded through LSE was: £ 5,517,760,836 a change of 0.27%
23/07/2025 FTSE Closed at 9061 points. Change of 0.42%. Total value traded through LSE was: £ 5,503,107,449 a change of 15.9%
22/07/2025 FTSE Closed at 9023 points. Change of 0.11%. Total value traded through LSE was: £ 4,748,177,940 a change of -18.75% 
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:AVCT Avacta** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:STAN Standard Chartered** **
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Updated charts published on : Avacta, Barclays, BALFOUR BEATTY, Carnival, International Personal Finance, ITM Power, Oxford Instruments, Standard Chartered,
LSE:AVCT Avacta Close Mid-Price: 53 Percentage Change: -2.75% Day High: 58.5 Day Low: 51
Continued trades against AVCT with a mid-price ABOVE 58.5 should improve ……..
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View Previous Avacta & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 375 Percentage Change: + 1.02% Day High: 375.15 Day Low: 367
Target met. Further movement against Barclays ABOVE 375.15 should improve ……..
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View Previous Barclays & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 542.5 Percentage Change: + 0.84% Day High: 541.5 Day Low: 536
Further movement against BALFOUR BEATTY ABOVE 541.5 should improve accele ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 2073 Percentage Change: + 2.52% Day High: 2090 Day Low: 2013
Continued trades against CCL with a mid-price ABOVE 2090 should improve t ……..
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View Previous Carnival & Big Picture ***
LSE:IPF International Personal Finance. Close Mid-Price: 215 Percentage Change: + 19.98% Day High: 214.5 Day Low: 211
Target met. All International Personal Finance needs are mid-price trades ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 58.9 Percentage Change: + 1.20% Day High: 59.3 Day Low: 56.8
In the event ITM Power experiences weakness below 56.8 it calculates with ……..
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View Previous ITM Power & Big Picture ***
LSE:OXIG Oxford Instruments Close Mid-Price: 1834 Percentage Change: -1.71% Day High: 1886 Day Low: 1828
Continued weakness against OXIG taking the price below 1828 calculates as ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1370 Percentage Change: + 0.33% Day High: 1378 Day Low: 1349
Target met. Continued trades against STAN with a mid-price ABOVE 1378 sho ……..
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View Previous Standard Chartered & Big Picture ***