{"id":1803,"date":"2020-04-29T23:09:22","date_gmt":"2020-04-29T22:09:22","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1803"},"modified":"2020-04-30T09:27:09","modified_gmt":"2020-04-30T08:27:09","slug":"ftse-big-picture-yet-again-30-04-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/04\/29\/ftse-big-picture-yet-again-30-04-2020\/","title":{"rendered":"FTSE Big Picture Yet Again 30\/04\/2020"},"content":{"rendered":"

#DAX #Nasdaq <\/strong> Our report for Monday of this week (link)<\/a> provided some pretty sceptical upward potentials for the UK index, all from a Big Picture perspective. We truly did not expect them to trigger but the market closed at 6,115, safely above our initial target of 6,098 points.<\/p>\n

We’re now supposed to gush with similar enthusiasm employed by the media, when writing about Boris’s new baby. Certainly, when reviewing the market, it’s difficult not to exhibit enthusiasm for the immediate future. The market has made a movement which shall prove difficult to reverse, unless some bad news is waiting in the wings. Who knows, we’re nearly at May and surely the world is planning another flavour of crisis to hit!<\/p>\n

The immediate situation is truly surprising as we’re able to calculate movement now above 6,130 should attempt an initial 6,285 points. Despite some hesitation looking possible at such a level, we’re no choice but to regard 6,501 points as presenting a strong future attraction. Further up the food chain, we can even calculate a distant (and dangerous) potential of 6,765 points eventually.<\/p>\n

We need to explain why such a level is dangerous.<\/p>\n

Visually, it meets (ish) the point at which the UK index broke the Red uptrend from 2016. Should the current recovery prove to be a “gotcha” game, this will represent an ideal point sometime in the future for another reversal cycle to establish itself. It’s worth remembering the FTSE needs regain Red on the chart to utterly scrub our vile drop potentials and at present, we’re unable to provide a solid argument favouring such a level of recovery. Instead, if it were a share, we’d be worrying about a price threatening a dead cat bounce.<\/p>\n

 <\/p>\n

As usual, we’ve given a positive argument, well seasoned with scepticism. If things intend to go wrong again, the earliest warning signal presently looks like movement now below 5,910 points. Such a reversal risks triggering reversal to 5,700 and below.<\/p>\n

 <\/p>\n

On a brighter note, buoyant due to planting potatoes, Wednesday was spent planting carrots! This lockdown better end soon, lest plans start being made to build a whisky refinery next! (It’s called a Still)<\/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
9:52:26PM<\/td>\nBRENT<\/td>\n24.27<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
9:54:15PM<\/td>\nGOLD<\/td>\n1713.97<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nShambles<\/td>\n<\/tr>\n
10:00:19PM<\/td>\nFTSE<\/td>\n6167.63<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
10:12:39PM<\/td>\nFRANCE<\/td>\n4676<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
10:15:18PM<\/td>\nGERMANY<\/td>\n11212<\/td>\n10957<\/td>\n10850<\/td>\n10722<\/td>\n11144<\/td>\n11237<\/td>\n11311<\/td>\n11381<\/td>\n11085<\/td>\nSuccess<\/td>\n<\/tr>\n
10:17:27PM<\/td>\nUS500<\/td>\n2960.12<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
10:21:15PM<\/td>\nDOW<\/td>\n24765<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
10:22:57PM<\/td>\nNASDAQ<\/td>\n9121.57<\/td>\n8933<\/td>\n8885.5<\/td>\n8804<\/td>\n9025<\/td>\n9131<\/td>\n9174.25<\/td>\n9247<\/td>\n8967<\/td>\nSuccess<\/td>\n<\/tr>\n
10:25:17PM<\/td>\nJAPAN<\/td>\n20437<\/td>\n20083<\/td>\n20058.5<\/td>\n19911<\/td>\n20225<\/td>\n20503<\/td>\n20541.25<\/td>\n20788<\/td>\n20260<\/td>\n‘cess<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/a><\/span><\/span><\/p>\n

29\/04\/2020 FTSE Closed at 6115 points. Change of 2.64%. Total value traded through LSE was: \u00a3 6,557,213,009 a change of 3.88%<\/h5>\n
28\/04\/2020 FTSE Closed at 5958 points. Change of 1.92%. Total value traded through LSE was: \u00a3 6,312,043,698 a change of 37.73%<\/h5>\n
27\/04\/2020 FTSE Closed at 5846 points. Change of 1.63%. Total value traded through LSE was: \u00a3 4,582,926,197 a change of -2.06%<\/h5>\n
24\/04\/2020 FTSE Closed at 5752 points. Change of -1.27%. Total value traded through LSE was: \u00a3 4,679,159,654 a change of -17.56%<\/h5>\n
23\/04\/2020 FTSE Closed at 5826 points. Change of 0.97%. Total value traded through LSE was: \u00a3 5,675,602,564 a change of -4.08%<\/h5>\n
22\/04\/2020 FTSE Closed at 5770 points. Change of 2.29%. Total value traded through LSE was: \u00a3 5,917,121,031 a change of -3.58%<\/h5>\n
21\/04\/2020 FTSE Closed at 5641 points. Change of -2.94%. Total value traded through LSE was: \u00a3 6,136,810,305 a change of 18.04%<\/h5>\n

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

#DAX #Nasdaq Our report for Monday of this week (link) provided some pretty sceptical upward potentials for the UK index, all from a Big Picture perspective. We truly did not expect them to trigger but the market closed at 6,115, safely above our initial target of 6,098 points. We’re now supposed to gush with similar … <\/p>\n

Continue reading “FTSE Big Picture Yet Again 30\/04\/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-1803","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1803","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=1803"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1803\/revisions"}],"predecessor-version":[{"id":1804,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1803\/revisions\/1804"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1803"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}