{"id":1587,"date":"2020-02-13T23:36:09","date_gmt":"2020-02-13T23:36:09","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1587"},"modified":"2020-02-14T08:21:46","modified_gmt":"2020-02-14T08:21:46","slug":"friday-ftse-centrica","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/13\/friday-ftse-centrica\/","title":{"rendered":"Friday FTSE & Centrica"},"content":{"rendered":"\n

#FTSE #D<\/strong>OW <\/strong>Centrica must be tempting a bunch of folk hoping to jump in, viewing the price as a “bargain”. We have doubts, hoping it shall bounce around the 60p mark but worried, ‘cos if broken, the big picture suggests “bottom” may reside around 40p. Needs a miracle above the 90p level to foul up these prospects! <\/p>\n\n\n\n

As for the FTSE for Friday, we’re \nmore than a little concerned about the drop experienced on Thursday. When we \nissued our 10am report to clients, we’d speculated on the market achieving a \nbottom at 7407 points. Somehow or other, the FTSE contrived to reach 7406.9 \naround 11:30am, showing half hearted bounces in the period since. Despite a \nbunch of day traders doubtless viewing the chart, gleefully assuming “double \nbottom” and expecting Friday to show gains, we’re not entirely convinced. \nThere’s something a bit funny going on with international futures – mainland \nEurope and the US behaving as if Friday should experience recovery, the FTSE \nrather less so.<\/p>\n\n\n\n

Weakness now below 7406 points \ncalculates with an initial drop target at 7368 points. If (when) broken, our \nsecondary comes along at  7310 points and we’d hope for a real bounce at \nsuch a level. If triggered, tightest stop is at 7442 points.<\/p>\n\n\n\n

In the event the market (the FTSE \nduring trading hours) manages above 7442, our initial ambition is for movement \nto 7470 points. If bettered, secondary calculates up at 7503 points.<\/p>\n\n\n\n

This week has been difficult and we \nsuspect health fears have knocked the FTSE off its track to head to 7690 points<\/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

10:11:28PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

56.48<\/font><\/td>

\n\t

55<\/font><\/td>

\n\t

54.505<\/font><\/td>

\n\t <\/td> \n\t

55.81<\/font><\/td>

\n\t

56.8<\/font><\/td>

\n\t

57.1875<\/font><\/td>

\n\t <\/td> \n\t

55.8<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:13:24PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1576.78<\/font><\/td>

\n\t

1564<\/font><\/td>

\n\t

1559.5<\/font><\/td>

\n\t <\/td> \n\t

1573<\/font><\/td>

\n\t

1579<\/font><\/td>

\n\t

1580.5<\/font><\/td>

\n\t <\/td> \n\t

1571<\/font><\/td>

\n\t

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

\n\t

10:15:26PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

7453.67<\/font><\/td>

\n\t

7402<\/font><\/td>

\n\t

7393.5<\/font><\/td>

\n\t <\/td> \n\t

7452<\/font><\/td>

\n\t

7473<\/font><\/td>

\n\t

7483<\/font><\/td>

\n\t <\/td> \n\t

7415<\/font><\/td>

\n\t

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

\n\t

10:17:25PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

6084.7<\/font><\/td>

\n\t

6025<\/font><\/td>

\n\t

5999<\/font><\/td>

\n\t <\/td> \n\t

6063<\/font><\/td>

\n\t

6099<\/font><\/td>

\n\t

6116<\/font><\/td>

\n\t <\/td> \n\t

6049<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:19:27PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

13743.16<\/font><\/td>

\n\t

13667<\/font><\/td>

\n\t

13649<\/font><\/td>

\n\t <\/td> \n\t

13732<\/font><\/td>

\n\t

13762<\/font><\/td>

\n\t

13789.5<\/font><\/td>

\n\t <\/td> \n\t

13708<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:21:48PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3380.07<\/font><\/td>

\n\t

3354<\/font><\/td>

\n\t

3344.5<\/font><\/td>

\n\t <\/td> \n\t

3373<\/font><\/td>

\n\t

3381<\/font><\/td>

\n\t

3385.355<\/font><\/td>

\n\t <\/td> \n\t

3363<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:24:03PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

29465<\/font><\/td>

\n\t

29308<\/font><\/td>

\n\t

29234<\/font><\/td>

\n\t <\/td> \n\t

29400<\/font><\/td>

\n\t

29528<\/font><\/td>

\n\t

29589.5<\/font><\/td>

\n\t <\/td> \n\t

29411<\/font><\/td>

\n\t

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

\n\t

10:26:15PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

9617.27<\/font><\/td>

\n\t

9514<\/font><\/td>

\n\t

9478.5<\/font><\/td>

\n\t <\/td> \n\t

9590<\/font><\/td>

\n\t

9637<\/font><\/td>

\n\t

9665<\/font><\/td>

\n\t <\/td> \n\t

9585<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:28:24PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

23727<\/font><\/td>

\n\t

23564<\/font><\/td>

\n\t

23507.5<\/font><\/td>

\n\t <\/td> \n\t

23679<\/font><\/td>

\n\t

23782<\/font><\/td>

\n\t

23823<\/font><\/td>

\n\t <\/td> \n\t

23687<\/font><\/td>

\n\t

Success<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

13\/02\/2020 FTSE Closed at 7452 points. Change of -1.09%. Total value traded through LSE was: \u00a3 6,664,066,181 a change of 30.17%<\/h><\/p>\n
12\/02\/2020 FTSE Closed at 7534 points. Change of 0.47%. Total value traded through LSE was: \u00a3 5,119,461,685 a change of -10.2%<\/h><\/p>\n
11\/02\/2020 FTSE Closed at 7499 points. Change of 0.71%. Total value traded through LSE was: \u00a3 5,701,269,309 a change of 0.17%<\/h><\/p>\n
10\/02\/2020 FTSE Closed at 7446 points. Change of -0.27%. Total value traded through LSE was: \u00a3 5,691,847,581 a change of -12.91%<\/h><\/p>\n
7\/02\/2020 FTSE Closed at 7466 points. Change of -0.51%. Total value traded through LSE was: \u00a3 6,535,596,145 a change of 5.4%<\/h><\/p>\n
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
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<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#FTSE #DOW Centrica must be tempting a bunch of folk hoping to jump in, viewing the price as a “bargain”. We have doubts, hoping it shall bounce around the 60p mark but worried, ‘cos if broken, the big picture suggests “bottom” may reside around 40p. Needs a miracle above the 90p level to foul up … <\/p>\n

Continue reading “Friday FTSE & Centrica”<\/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-1587","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1587","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=1587"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1587\/revisions"}],"predecessor-version":[{"id":1588,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1587\/revisions\/1588"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1587"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}