{"id":1601,"date":"2020-02-20T23:01:46","date_gmt":"2020-02-20T23:01:46","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1601"},"modified":"2020-02-21T08:24:34","modified_gmt":"2020-02-21T08:24:34","slug":"ftse-for-friday-21-02-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/20\/ftse-for-friday-21-02-2020\/","title":{"rendered":"FTSE for FRIDAY 21\/02\/2020"},"content":{"rendered":"\n

#FTSE #DOW #SP500 #DAX <\/strong>The period since the Brexit vote has proven quite stagnant from a FTSE perspective. Essentially, the market has produced a horizontal line at 7,215 points, moving above, moving below, but generally staggering back to the flat line. Thus far, every attempt to break this hiatus has failed, the UK index requiring movement above 7,850 to give a realistic signal for coming real growth. We can calculate an initial 7,950 with secondary at 8,200 points.<\/p>\n\n\n\n

Alternately, weakness below 7,070 \nwill probably give early warning for an iceberg ahead, taking the market into a \nzone with 5,850 looking like an attractive drop target!<\/p>\n\n\n\n

Our usual rules, when this sort of \nnonsense appears, tell us to judge matters from a Big Picture perspective. Given \nthis excruciatingly boring period commenced with an all time high on the FTSE, \nthe suggestion is to expect the best. Therefore, if we treat the FTSE in a \nsimilar fashion to a share, apparently 8,200 has become a believable ambition! \nTime will tell.<\/p>\n\n\n\n

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

Closer to home, the final 30 minutes \nof trade on Thursday saw the FTSE experience a near 50 point reversal, giving an \notherwise lacklustre day a pretty solid kicking. It has created the situation \nwhere weakness continuing below 7442 points (Not as an opening second drop \nspike!) could generate traffic down to an initial 7417 points. If broken, \nsecondary comes in at 7375 points.<\/p>\n\n\n\n

However, if the drop was as contrived \nas it felt, more probable appears to be strength beyond 7470 leading to an \ninitial 7492 points. If exceeded, secondary calculates at 7512 points. Balancing \nthis, recently Fridays tend to be pretty useless and we’ll not be surprised to \nwitness a bounce at 7417 points anyway.<\/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

10:18:37PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

58.6<\/font><\/td>

\n\t

58.6<\/font><\/td>

\n\t

58.215<\/font><\/td>

 <\/td> \n\t

59.34<\/font><\/td>

\n\t

59.68<\/font><\/td>

\n\t

59.98<\/font><\/td>

 <\/td> \n\t

58.6<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:20:31PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1620.06<\/font><\/td>

\n\t

1613<\/font><\/td>

\n\t

1610.5<\/font><\/td>

 <\/td> \n\t

1621<\/font><\/td>

\n\t

1624<\/font><\/td>

\n\t

1629<\/font><\/td>

 <\/td> \n\t

1616<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:23:03PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

7450.79<\/font><\/td>

\n\t

7420<\/font><\/td>

\n\t

7403<\/font><\/td>

 <\/td> \n\t

7462<\/font><\/td>

\n\t

7481<\/font><\/td>

\n\t

7499.5<\/font><\/td>

 <\/td> \n\t

<\/td>

\n\t

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

\n\t

10:24:32PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

6085.7<\/font><\/td>

\n\t

6054<\/font><\/td>

\n\t

6044<\/font><\/td>

 <\/td> \n\t

6104<\/font><\/td>

\n\t

6110<\/font><\/td>

\n\t

6129.5<\/font><\/td>

 <\/td> \n\t

6084<\/font><\/td>

\n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:27:21PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

13712.46<\/font><\/td>

\n\t

13645<\/font><\/td>

\n\t

13612<\/font><\/td>

 <\/td> \n\t

13713<\/font><\/td>

\n\t

13783<\/font><\/td>

\n\t

13806<\/font><\/td>

 <\/td> \n\t

13734<\/font><\/td>

\n\t

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

\n\t

10:29:26PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3367.97<\/font><\/td>

\n\t

3347<\/font><\/td>

\n\t

3334<\/font><\/td>

 <\/td> \n\t

3368<\/font><\/td>

\n\t

3388<\/font><\/td>

\n\t

3392.5<\/font><\/td>

 <\/td> \n\t

3373<\/font><\/td>

\n\t

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

\n\t

10:32:12PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

29177<\/font><\/td>

\n\t

29011<\/font><\/td>

\n\t

28875.5<\/font><\/td>

 <\/td> \n\t

29201<\/font><\/td>

\n\t

29236<\/font><\/td>

\n\t

29325<\/font><\/td>

 <\/td> \n\t

29125<\/font><\/td>

\n\t

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

\n\t

10:34:01PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

9613<\/font><\/td>

\n\t

9536<\/font><\/td>

\n\t

9528<\/font><\/td>

 <\/td> \n\t

9593<\/font><\/td>

\n\t

9733<\/font><\/td>

\n\t

9821<\/font><\/td>

 <\/td> \n\t

9671<\/font><\/td>

\n\t

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

\n\t

10:37:04PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

23492<\/font><\/td>

\n\t

23410<\/font><\/td>

\n\t

23291.5<\/font><\/td>

 <\/td> \n\t

23516<\/font><\/td>

\n\t

23673<\/font><\/td>

\n\t

23796.5<\/font><\/td>

 <\/td> \n\t

23520<\/font><\/td>

\n\t

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

 <\/p>\n

20\/02\/2020 FTSE Closed at 7436 points. Change of -0.28%. Total value traded through LSE was: \u00a3 6,254,655,479 a change of 11.64%<\/h><\/p>\n
19\/02\/2020 FTSE Closed at 7457 points. Change of 1.29%. Total value traded through LSE was: \u00a3 5,602,530,865 a change of -6.87%<\/h><\/p>\n
18\/02\/2020 FTSE Closed at 7362 points. Change of -0.96%. Total value traded through LSE was: \u00a3 6,015,855,072 a change of 44.99%<\/h><\/p>\n
17\/02\/2020 FTSE Closed at 7433 points. Change of 0.32%. Total value traded through LSE was: \u00a3 4,149,027,770 a change of -24.37%<\/h><\/p>\n
14\/02\/2020 FTSE Closed at 7409 points. Change of -0.58%. Total value traded through LSE was: \u00a3 5,485,879,910 a change of -17.68%<\/h><\/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<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#FTSE #DOW #SP500 #DAX The period since the Brexit vote has proven quite stagnant from a FTSE perspective. Essentially, the market has produced a horizontal line at 7,215 points, moving above, moving below, but generally staggering back to the flat line. Thus far, every attempt to break this hiatus has failed, the UK index requiring … <\/p>\n

Continue reading “FTSE for FRIDAY 21\/02\/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-1601","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1601","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=1601"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1601\/revisions"}],"predecessor-version":[{"id":1602,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1601\/revisions\/1602"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1601"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}