{"id":1486,"date":"2020-01-16T23:12:51","date_gmt":"2020-01-16T23:12:51","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1486"},"modified":"2020-01-17T08:34:33","modified_gmt":"2020-01-17T08:34:33","slug":"ftse-for-friday-17-01-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/16\/ftse-for-friday-17-01-2020\/","title":{"rendered":"FTSE for FRIDAY 17\/01\/2020"},"content":{"rendered":"\n<p><strong>#France #Nasdaq<\/strong> Since Dec 27th, the FTSE has experienced a 100 point range. This feeling of a  &#8220;trapped market&#8221; hopefully has a chance to ease on Friday 17 Jan with the 3rd Friday intra-day auction at 10:15am. This exercise is designed to correct the value of the FTSE 100 index, clearing up any drift. Sometimes, it can also clear the log jam of a stalled market place.<\/p>\n\n\n\n<p>We can hope! The fly in the ointment comes volumes \ntraded through London being pretty low, thanks to the usual holiday malaise and \nthis lack of trading tends ensure the FTSE Index value doesn&#8217;t drift too far \nfrom reality with little correction required. When this is considered, in \nconjunction with the lack of any real direction on the London index, we&#8217;re \nslightly lacking in confidence giving numbers today.<\/p>\n\n\n\n<p>The market should be going up but isn&#8217;t. Equally, when \nreversals are triggered, the market is failing to drop.<\/p>\n\n\n\n<p>The immediate situation for the FTSE calculates as \nfollows. Movement now exceeding 7,651 is supposed to generate a loft to an \ninitial 7,678 points, far from impressive. If exceeded, our secondary calculates \nat 7,729 points.<\/p>\n\n\n\n<p>Alternately, if the FTSE now finds an excuse to stumble \nbelow 7,587 points, it&#8217;s supposed to experience some reversal to an initial \n7,567 points with secondary, if broken, down at 7,539 points. This sort of \nnonsense keeps the UK market safely constrained within the straightjacket of a \ntrapped market.<\/p>\n\n\n\n<p>It&#8217;s almost like the FTSE is awaiting something \nimportant happening before showing its hand. As mentioned earlier, the \nunderlying forces are of an upward expectation, the market needing below 7,225 \npoints to force us to question our optimism for the future. Unless something \npunctures the 7,225 level, there&#8217;s a growing series of calculations suggesting \nthe UK could even aspire to a high of 8,300 points sometime this year.<\/p>\n\n\n\n<p>Near term, we&#8217;re far from confident with our \nexpectations, suspecting Friday shall bring some reversals. This will even tie \nin with the index refusing to better BLUE on the chart, the downtrend since \n2018.<\/p>\n\n\n\n<p>&nbsp;Have a good weekend.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/ukx170120.jpg\" alt=\"Hey, chart goes here\"\/><\/figure>\n\n\n\n<\/p>\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=\"FUTURES\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:20:59PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">64.19<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:22:43PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1553.08<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:27:23PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7624.23<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:30:49PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6050.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6018<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6007.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5991<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6044<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6052<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6059<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6072<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">6024<\/font><\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:34:42PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">13469<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/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\">10:38:41PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">3317.32<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/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\">10:41:33PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">29297<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/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\">10:47:00PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9126.12<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9045<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9026.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">8993<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9082<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9127<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9135<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9147<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">9060<\/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\">10:49:27PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">24087<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n<H5>16\/01\/2020 FTSE Closed at 7609 points. Change of -0.43%. Total value traded through LSE was: \u00a3       5,252,079,163 a change of -22.59%<\/h><\/p>\n<H5>15\/01\/2020 FTSE Closed at 7642 points. Change of 0.26%. Total value traded through LSE was: \u00a3       6,784,341,362 a change of 13.94%<\/h><\/p>\n<H5>14\/01\/2020 FTSE Closed at 7622 points. Change of 0.07%. Total value traded through LSE was: \u00a3       5,954,176,416 a change of 15.24%<\/h><\/p>\n<H5>13\/01\/2020 FTSE Closed at 7617 points. Change of 0.4%. Total value traded through LSE was: \u00a3       5,166,914,509 a change of -0.84%<\/h><\/p>\n<H5>10\/01\/2020 FTSE Closed at 7587 points. Change of -0.14%. Total value traded through LSE was: \u00a3       5,210,689,793 a change of -8.73%<\/h><\/p>\n<H5> 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<H5> 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<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>#France #Nasdaq Since Dec 27th, the FTSE has experienced a 100 point range. This feeling of a &#8220;trapped market&#8221; hopefully has a chance to ease on Friday 17 Jan with the 3rd Friday intra-day auction at 10:15am. This exercise is designed to correct the value of the FTSE 100 index, clearing up any drift. Sometimes, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/16\/ftse-for-friday-17-01-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FTSE for FRIDAY 17\/01\/2020&#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-1486","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1486","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=1486"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1486\/revisions"}],"predecessor-version":[{"id":1487,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1486\/revisions\/1487"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1486"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}