{"id":1573,"date":"2020-02-06T23:12:07","date_gmt":"2020-02-06T23:12:07","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1573"},"modified":"2020-02-07T08:29:54","modified_gmt":"2020-02-07T08:29:54","slug":"ftse-for-friday-7-02-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/06\/ftse-for-friday-7-02-2020\/","title":{"rendered":"FTSE for FRIDAY 7\/02\/2020"},"content":{"rendered":"\n<p><strong>#FTSE #Gold #DOW <\/strong>&#8216;The Week The World Didn&#8217;t End&#8217; would best describe  February&#8217;s first few days. Brexit day came, flags were shuffled, nothing  happened, and the band played on. The FTSE appears to have noticed this, now  it&#8217;s poised for some gains in the days ahead. At least, we think so.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/fail.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>Our favored refrain, &#8216;if it were a  share&#8217; is especially valid at present, recent movements presenting a pretty  strong argument in favour of a cycle commencing up to almost 7,900 points.<\/p>\n\n\n\n<p>Of course, there&#8217;s a problem thanks \nto movement of the last week suggesting a stutter around the 7,700 level. \nVisually, this presents a slight problem, matching the high of mid January, thus \nperfectly able to cause some hesitation. However, achieving the 7,700 plateau \nwould also break the downtrend since May 2018, creating a situation where \npositive market sentiment will find growth hard to restrain.<\/p>\n\n\n\n<p>Hopefully all politicians keep quiet, \nthe Coronavirus drama fades out, and newspaper headline writers start to behave \nresponsibly, especially the pair of muppets who appear on Sky&#8217;s Newspaper review \nprogram! <\/p>\n\n\n\n<p>Near term, FTSE strength exceeding \n7534 points looks capable of a rise to an initial 7588 points. If bettered, \nsecondary calculates at 7605 points. If triggered, the tightest stop looks like \n7485 points.<\/p>\n\n\n\n<p>The other side of the coin will be \nmovement below 7470 points, risking reversal to 7435 points initially. If \nbroken, secondary is a bottom (hopefully) at 7407 points. If triggered, tightest \nstop is at 7521 points.<\/p>\n\n\n\n<p>Our inclination is toward optimism, \nthe prospect of a lazy weekend perhaps fuelling gullibility levels&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/ukx070220.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=\"FUTURES577\"><font size=\"2\">FUTURES<\/font><\/a><TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:13:05PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">55.21<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">54.64<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">54.215<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">55.47<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">56.6<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">57.415<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">55.53<\/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\">10:15:15PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1567<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1554<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1548.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1563<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1569<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1571<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1556<\/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\">10:19:24PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7519.91<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7467<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7453.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7520<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7536<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7585.25<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7481<\/font><\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:22:10PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6040<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6005<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5995.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6043<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6049<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6065<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6012<\/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\">10:24:48PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13586<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13527<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13498.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13576<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13602<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13630<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13532<\/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\">10:27:30PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3350.04<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3333<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3321.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3351<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3357<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3361<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3333<\/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\">10:30:27PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29399.6<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29298<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29234<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29450<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29450<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29556<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29300<\/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\">10:31:54PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9455.24<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9353<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9318<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9428<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9456<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9486.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9380<\/font><\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:34:31PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23987<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23664<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23548.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23780<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23997<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">24028<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23848<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n<p align=\"center\">&nbsp;<\/p>\n<H5> 6\/02\/2020 FTSE Closed at 7504 points. Change of 0.29%. Total value traded through LSE was: \u00a3       6,200,545,970 a change of -22.21%<\/h><\/p>\n<H5> 5\/02\/2020 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: \u00a3       7,970,542,064 a change of 19.14%<\/h><\/p>\n<H5> 4\/02\/2020 FTSE Closed at 7439 points. Change of 1.54%. Total value traded through LSE was: \u00a3       6,690,102,462 a change of 18.21%<\/h><\/p>\n<H5> 3\/02\/2020 FTSE Closed at 7326 points. Change of 0.55%. Total value traded through LSE was: \u00a3       5,659,461,897 a change of -7.45%<\/h><\/p>\n<H5>31\/01\/2020 FTSE Closed at 7286 points. Change of -1.29%. Total value traded through LSE was: \u00a3       6,115,076,170 a change of 9.99%<\/h><\/p>\n<H5>30\/01\/2020 FTSE Closed at 7381 points. Change of -1.36%. Total value traded through LSE was: \u00a3       5,559,853,454 a change of 15.61%<\/h><\/p>\n<H5>29\/01\/2020 FTSE Closed at 7483 points. Change of 0.04%. Total value traded through LSE was: \u00a3       4,809,159,339 a change of -5.83%<\/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>#FTSE #Gold #DOW &#8216;The Week The World Didn&#8217;t End&#8217; would best describe February&#8217;s first few days. Brexit day came, flags were shuffled, nothing happened, and the band played on. The FTSE appears to have noticed this, now it&#8217;s poised for some gains in the days ahead. At least, we think so. Our favored refrain, &#8216;if &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/06\/ftse-for-friday-7-02-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FTSE for FRIDAY 7\/02\/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-1573","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1573","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=1573"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1573\/revisions"}],"predecessor-version":[{"id":1576,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1573\/revisions\/1576"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1573"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}