{"id":1317,"date":"2019-10-31T23:11:02","date_gmt":"2019-10-31T23:11:02","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1317"},"modified":"2019-11-01T08:25:48","modified_gmt":"2019-11-01T08:25:48","slug":"ftse-for-friday-for-1-11-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/10\/31\/ftse-for-friday-for-1-11-2019\/","title":{"rendered":"FTSE for FRIDAY for 1\/11\/2019"},"content":{"rendered":"\n<p><strong>#Fr<\/strong>eeFirstFutures<strong> <\/strong>A week with a FTSE being underwhelmed by UK political decline appears to be finally responding in true Halloween fashion &#8211; scary but not really! It doesn&#8217;t even look like we shall find our hallowed leaders body in a ditch, despite his  preferred method of exit in the absence of Brexit. Trump &amp; Clinton once did a  televised debate, managing avoid noticing viewers found both of them abhorrent.  It looks like the UK&#8217;s political leaders are intending embrace similar levels of self delusion but it&#8217;s not supposed to be this way, is it? Voting papers should  have a &#8220;None Of The Above&#8221; option to ensure career politicians do not win by default.<\/p>\n\n\n\n<p>The market has spent the last 5 sessions flirting with \nthe 7330 level for some reason. Now, it feels like some reversal is almost upon \nus and oddly, the key trigger level looks like 7,234 points. We cannot \nunderstand why this has happened but the situation presently appears to suggest \nonly if the index moves more than 100 points from its previous parking level \nshould we believe more reversal is upon us. <\/p>\n\n\n\n<p>The market closed Thursday at 7,248 points. Now below \n7,230 and we expect reversal to an initial 7,211 points. If broken, secondary \ncalculates at 7,183 points. And if triggered, the tightest stop appears to be \nquite reasonable at 7,272 points.<\/p>\n\n\n\n<p>The alternate scenario appears to be at 7,281 as \nmovement above this trigger is supposed to be capable of a truly unimpressive \n7,294 points. If bettered, our secondary calculation comes in at 7,317 points. \nIf triggered, the tightest stop looks like 7,245 points.<\/p>\n\n\n\n<p>For light relief, we&#8217;ve shown some bigger picture \ntargets, suggesting target levels if &#8220;it all goes wrong &#8211; or right&#8221;. To be \nblunt, unless the FTSE experiences a miracle and starts trading above the \naforementioned 7,330&#8217;s again, it&#8217;s now trading in a region with a bottom at \n6,594 points eventually. If it were a share, we&#8217;d already assume that&#8217;s where \nthe price intends head. Amazingly, it would suggest a return to the FTSE level \nthe year started with, along with a strong hint we forget 2019 even happened.<\/p>\n\n\n\n<p>Have a good weekend, it&#8217;s time for Austin, Texas &amp; \nFormula 1, hopefully the UK driver Hamilton winning his 6th world title. (Though \neveryone knows it&#8217;s really his 7th)<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/ukx311019.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/TD> <\/TR>\n<A name=\"FUTURES526\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:10:39PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">59.49<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">59.1<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">58.895<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">60.8<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">60.52<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">60.78<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">59.6<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:12:40PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1512.31<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1496<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1490<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1509<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1514.1<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1518.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1499<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:15:02PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7261.8<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7238<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7216<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7272<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7281<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7289<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7243<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:18:04PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5740.7<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5717<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5684<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5757<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5768<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5777.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5721<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:28:10PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12889.28<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12793<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12768.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12902<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12923<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12961<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12851<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:30:19PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3036<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3021<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3014<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3040<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3053<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3060<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3028<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:38:31PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27034<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26933<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26868<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27068<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27235<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">27296.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26951<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:43:38PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8079<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8015<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7991<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8092<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8133<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8146<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8046<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:46:09PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22703<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22650<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22598.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22813<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22846<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22894.5<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22730<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n<p>&nbsp;<\/p>\n<H5>31\/10\/2019 FTSE Closed at 7248 points. Change of -1.12%. Total value traded through LSE was: \u00a3       6,139,753,782 a change of 11.95%<\/h><\/p>\n<H5>30\/10\/2019 FTSE Closed at 7330 points. Change of 0.33%. Total value traded through LSE was: \u00a3       5,484,235,986 a change of 6.15%<\/h><\/p>\n<H5>29\/10\/2019 FTSE Closed at 7306 points. Change of -0.34%. Total value traded through LSE was: \u00a3       5,166,736,018 a change of 9.98%<\/h><\/p>\n<H5>28\/10\/2019 FTSE Closed at 7331 points. Change of 0.1%. Total value traded through LSE was: \u00a3       4,697,887,789 a change of 4.65%<\/h><\/p>\n<H5>25\/10\/2019 FTSE Closed at 7324 points. Change of -0.05%. Total value traded through LSE was: \u00a3       4,489,255,680 a change of -20.08%<\/h><\/p>\n<H5>24\/10\/2019 FTSE Closed at 7328 points. Change of 0.94%. Total value traded through LSE was: \u00a3       5,617,068,603 a change of -3.47%<\/h><\/p>\n<H5>23\/10\/2019 FTSE Closed at 7260 points. Change of 0.67%. Total value traded through LSE was: \u00a3       5,818,863,244 a change of 3.71%<\/h><\/p>\n<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/offer_subscribe.html\" rel=\"noopener noreferrer\">\n<IMG border=\"1\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\">\n","protected":false},"excerpt":{"rendered":"<p>#FreeFirstFutures A week with a FTSE being underwhelmed by UK political decline appears to be finally responding in true Halloween fashion &#8211; scary but not really! It doesn&#8217;t even look like we shall find our hallowed leaders body in a ditch, despite his preferred method of exit in the absence of Brexit. Trump &amp; Clinton &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/10\/31\/ftse-for-friday-for-1-11-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FTSE for FRIDAY for 1\/11\/2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1317","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1317"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1317\/revisions"}],"predecessor-version":[{"id":1319,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1317\/revisions\/1319"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1317"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}