{"id":1708,"date":"2020-03-25T23:59:18","date_gmt":"2020-03-25T23:59:18","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1708"},"modified":"2020-03-26T09:21:22","modified_gmt":"2020-03-26T09:21:22","slug":"ftse-for-thursday-26-03-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/25\/ftse-for-thursday-26-03-2020\/","title":{"rendered":"FTSE for Thursday 26\/03\/2020"},"content":{"rendered":"

#Gold #Japan <\/strong> Amongst all the doom, gloom, and travel restrictions, quite a few jokes have served brighten the day. Today, the thing which brought the biggest smile was a Prince Charles Joke despite the FTSE achieving another strong up day (and meeting our initial target level).<\/p>\n

Prince Charles is in self-isolation at Balmoral with Covid-19. Prince Andrew is in self-isolation at Royal Lodge, Windsor, with Britney-16…<\/p>\n

 <\/p>\n

We expressed curiosity over Tuesdays mystery movement on the FTSE, 80 points tacked onto the days trading once the market closed for the day. This followed through and Wednesday morning presented a “gap up” on the market. However, despite achieving a successful 156 point rise to our initial target level of 5616, our secondary at 5799 proved elusive, the day reaching 5741 before fading.<\/p>\n

This was pretty firmly in line with our warning; ‘ expect a rise to fade before the secondary.<\/em>‘ and confirms the risk of the overall market remaining in a downtrend.<\/p>\n

 <\/p>\n

For today, Thursday, we’re supposed to believe further rises are ahead, none of which we shall risk treating as real unless the market makes it above 5713 points. Such a scenario currently points at the potential of growth to an initial 5800 points with secondary, if better, at a downtrend testing 5800 points. Quite why the index calculates with 100 point movements utterly defeats us.<\/p>\n

Unfortunately, it feels more likely some reversal is coming, if only due to the index fading before our 5799 calculation. This results in a game, where the index needs below 5400 to justify a raised eyebrow, along with reversal to 5251 points. Below this and we’re looking at 5053 points. Visually, this will undo the benefit of the last two sessions.<\/p>\n

It’s perhaps worth remembering the US Weekly jobs figures are published on Thursday. With many businesses closed for the duration, a spike is jobless is expected, one which will doubtless be used to goose the markets.<\/p>\n

\"Hey,<\/span><\/span><\/p>\n

 <\/p>\n

FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/td>\nMarket<\/td>\nPrice At Issue<\/td>\nShort Entry<\/td>\nFast Exit<\/td>\nSlow Exit<\/td>\nStop<\/td>\nLong Entry<\/td>\nFast Exit<\/td>\nSlow Exit<\/td>\nStop<\/td>\nPrior<\/td>\n<\/tr>\n
9:53:46PM<\/td>\nBRENT<\/td>\n29.5<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
10:15:23PM<\/td>\nGOLD<\/td>\n1619.17<\/td>\n1595<\/td>\n1590<\/td>\n1578<\/td>\n1616<\/td>\n1626<\/td>\n1632<\/td>\n1658<\/td>\n1595<\/td>\n<\/td>\n<\/tr>\n
10:23:33PM<\/td>\nFTSE<\/td>\n5647<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
10:39:20PM<\/td>\nFRANCE<\/td>\n4416.5<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
10:50:19PM<\/td>\nGERMANY<\/td>\n9844.19<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
10:52:21PM<\/td>\nUS500<\/td>\n2487<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
10:56:31PM<\/td>\nDOW<\/td>\n21267<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
10:58:29PM<\/td>\nNASDAQ<\/td>\n7504.25<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nExact !!<\/td>\n<\/tr>\n
11:01:36PM<\/td>\nJAPAN<\/td>\n19123<\/td>\n18429<\/td>\n18030.5<\/td>\n17522<\/td>\n19004<\/td>\n19556<\/td>\n19690<\/td>\n20496<\/td>\n18429<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
25\/03\/2020 FTSE Closed at 5688 points. Change of 4.44%. Total value traded through LSE was: \u00a3 9,386,988,784 a change of 9.28%<\/h5>\n
24\/03\/2020 FTSE Closed at 5446 points. Change of 9.07%. Total value traded through LSE was: \u00a3 8,589,991,645 a change of -7.97%<\/h5>\n
23\/03\/2020 FTSE Closed at 4993 points. Change of -3.8%. Total value traded through LSE was: \u00a3 9,333,810,024 a change of -32.33%<\/h5>\n
20\/03\/2020 FTSE Closed at 5190 points. Change of 0.76%. Total value traded through LSE was: \u00a3 13,793,008,167 a change of 30.09%<\/h5>\n
19\/03\/2020 FTSE Closed at 5151 points. Change of 1.4%. Total value traded through LSE was: \u00a3 10,602,721,602 a change of 9.14%<\/h5>\n
18\/03\/2020 FTSE Closed at 5080 points. Change of -4.04%. Total value traded through LSE was: \u00a3 9,714,451,101 a change of 6.42%<\/h5>\n
17\/03\/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: \u00a3 9,128,689,221 a change of -13.38%<\/h5>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

#Gold #Japan Amongst all the doom, gloom, and travel restrictions, quite a few jokes have served brighten the day. Today, the thing which brought the biggest smile was a Prince Charles Joke despite the FTSE achieving another strong up day (and meeting our initial target level). Prince Charles is in self-isolation at Balmoral with Covid-19. … <\/p>\n

Continue reading “FTSE for Thursday 26\/03\/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-1708","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1708","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=1708"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1708\/revisions"}],"predecessor-version":[{"id":1710,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1708\/revisions\/1710"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1708"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}