{"id":1471,"date":"2020-01-09T23:52:11","date_gmt":"2020-01-09T23:52:11","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1471"},"modified":"2020-01-10T09:36:50","modified_gmt":"2020-01-10T09:36:50","slug":"ftse-for-friday-10-01-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/09\/ftse-for-friday-10-01-2020\/","title":{"rendered":"FTSE for FRIDAY 10\/01\/2020"},"content":{"rendered":"\n

#FTSE #DOW #GOLD<\/strong> By any standards, this has been a strange week. A combination of the markets, still not approaching decent trading volumes, along with this weeks “Iran” headlines, gave a media impression the markets faces a meltdown. Quite the converse has happened. The FTSE wants to reach 7,850 allegedly!<\/p>\n\n\n\n

However, it’s worth remembering (as if anyone could \nforget) this is January, traditionally a month packed full of contrary \nbehaviour. A month, topped off with The World Economic Forum (aka Ski Trip) in \nDavos which often witnesses a dip in world markets prior to a surprise surge \naround the Davos event and all sorts of exhuberance during China’s week long New \nYear holiday. What has surprised (so far), events in Iran appeared to be \nproviding a reasonable excuse for market reversal prior to the month end and \nDavos. Instead, we’ve seen a series of pretty average days this week, followed \nby a Thursday which almost felt exuberant at times. <\/p>\n\n\n\n

So, what’s ahead for Friday?<\/p>\n\n\n\n

Below 7,591 looks fairly troubling, apparently capable \nof reversal to an initial 7,568 points. If broken, secondary calculates at 7,557 \npoints and this gets troubling, taking the UK index into a region where very \nlittle excuse is needed to crash it down to the 7,500 level. If triggered, \ntightest stop is at 7,620 points.<\/p>\n\n\n\n

The alternate scenario looks at the possibility of \nLondon trading above 7,634 points. Such a scenario apparently expects some \ngrowth to an initial 7,661 points. If exceeded, secondary on the immediate cycle \ncalculates at 7,682 points. Visually, the initial target makes sense but the \njury is out on the secondary, despite the longer term attraction from 7,850.<\/p>\n\n\n\n

Despite this being the first complete week of 2020, \nmarket volumes are still rather low. Hopefully next week witnesses some real \nflamboyance on the market.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n\n
\n\t

Time Issued<\/font><\/TD>

\n\t

Market<\/font><\/TD>

\n\t

Price At Issue<\/font><\/TD>

\n\t

Short Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Long Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:03:49PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

65.13<\/font><\/TD>

\n\t

64.3<\/font><\/TD>

\n\t

63.67<\/font><\/TD>

\n\t <\/TD> \n\t

65.78<\/font><\/TD>

\n\t

66.15<\/font><\/TD>

\n\t

66.545<\/font><\/TD>

\n\t <\/TD> \n\t

64.96<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n

\n\t

10:06:07PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1552.81<\/font><\/TD>

\n\t

1544<\/font><\/TD>

\n\t

1539<\/font><\/TD>

\n\t <\/TD> \n\t

1559<\/font><\/TD>

\n\t

1561<\/font><\/TD>

\n\t

1565<\/font><\/TD>

\n\t <\/TD> \n\t

1551<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:08:04PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7618.39<\/font><\/TD>

\n\t

7566<\/font><\/TD>

\n\t

7553.5<\/font><\/TD>

\n\t <\/TD> \n\t

7618<\/font><\/TD>

\n\t

7627<\/font><\/TD>

\n\t

7635<\/font><\/TD>

\n\t <\/TD> \n\t

7566<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n

\n\t

10:10:12PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

6050<\/font><\/TD>

\n\t

6006<\/font><\/TD>

\n\t

5980.5<\/font><\/TD>

\n\t <\/TD> \n\t

6035<\/font><\/TD>

\n\t

6071<\/font><\/TD>

\n\t

6078<\/font><\/TD>

\n\t <\/TD> \n\t

6011<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n

\n\t

10:21:58PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

13510.75<\/font><\/TD>

\n\t

13382<\/font><\/TD>

\n\t

13362.5<\/font><\/TD>

\n\t <\/TD> \n\t

13514<\/font><\/TD>

\n\t

13520<\/font><\/TD>

\n\t

13536<\/font><\/TD>

\n\t <\/TD> \n\t

13450<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:25:21PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

3275.02<\/font><\/TD>

\n\t

3261<\/font><\/TD>

\n\t

3258.5<\/font><\/TD>

\n\t <\/TD> \n\t

3274<\/font><\/TD>

\n\t

3277<\/font><\/TD>

\n\t

3288<\/font><\/TD>

\n\t <\/TD> \n\t

3255<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:32:06PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

28961<\/font><\/TD>

\n\t

28820<\/font><\/TD>

\n\t

28755.5<\/font><\/TD>

\n\t <\/TD> \n\t

28970<\/font><\/TD>

\n\t

28985<\/font><\/TD>

\n\t

29026<\/font><\/TD>

\n\t <\/TD> \n\t

28832<\/font><\/TD>

\n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:33:51PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

8994.62<\/font><\/TD>

\n\t

8914<\/font><\/TD>

\n\t

8900<\/font><\/TD>

\n\t <\/TD> \n\t

8977<\/font><\/TD>

\n\t

9005<\/font><\/TD>

\n\t

9026.75<\/font><\/TD>

\n\t <\/TD> \n\t

8914<\/font><\/TD>

\n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:36:48PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

23774<\/font><\/TD>

\n\t

23632<\/font><\/TD>

\n\t

23600.5<\/font><\/TD>

\n\t <\/TD> \n\t

23786<\/font><\/TD>

\n\t

23786<\/font><\/TD>

\n\t

23809<\/font><\/TD>

\n\t <\/TD> \n\t

23660<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

9\/01\/2020 FTSE Closed at 7598 points. Change of 0.32%. Total value traded through LSE was: \u00a3 5,708,798,775 a change of 5.62%<\/h><\/p>\n
8\/01\/2020 FTSE Closed at 7574 points. Change of 0.01%. Total value traded through LSE was: \u00a3 5,404,992,564 a change of 14%<\/h><\/p>\n
7\/01\/2020 FTSE Closed at 7573 points. Change of -0.03%. Total value traded through LSE was: \u00a3 4,741,303,337 a change of 0.44%<\/h><\/p>\n
6\/01\/2020 FTSE Closed at 7575 points. Change of -0.62%. Total value traded through LSE was: \u00a3 4,720,635,792 a change of 20.67%<\/h><\/p>\n
3\/01\/2020 FTSE Closed at 7622 points. Change of -100%. Total value traded through LSE was: \u00a3 3,912,167,844 a change of 0%<\/h><\/p>\n
30\/12\/2019 FTSE Closed at 7587 points. Change of 0%. Total value traded through LSE was: \u00a3 3,213,676,764 a change of 0%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#FTSE #DOW #GOLD By any standards, this has been a strange week. A combination of the markets, still not approaching decent trading volumes, along with this weeks “Iran” headlines, gave a media impression the markets faces a meltdown. Quite the converse has happened. The FTSE wants to reach 7,850 allegedly! However, it’s worth remembering (as … <\/p>\n

Continue reading “FTSE for FRIDAY 10\/01\/2020”<\/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-1471","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1471","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=1471"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1471\/revisions"}],"predecessor-version":[{"id":1473,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1471\/revisions\/1473"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1471"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}