{"id":5048,"date":"2024-06-14T00:57:41","date_gmt":"2024-06-13T23:57:41","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=5048"},"modified":"2024-06-14T00:57:41","modified_gmt":"2024-06-13T23:57:41","slug":"our-world-popular-ftse-for-friday-ftseukx-3","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2024\/06\/14\/our-world-popular-ftse-for-friday-ftseukx-3\/","title":{"rendered":"Our world popular FTSE for FRIDAY (FTSE:UKX)"},"content":{"rendered":"

#FTSE #Nasdaq<\/b>\u00a0Perhaps it’s an election season thing but we must admit we’re experiencing some difficulty making sense out of many recent market movements. At times, such as on Thursday, the look on our faces was probably akin to US President Bidet when he’s searching for a clue as to where (and who) he is. The FTSE had enjoyed a fairly well travelled day, yet market futures from 5pm simply ran out of inspiration.<\/span><\/p>\n

From our perspective, it was a fairly big deal!<\/span><\/p>\n

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The market was “supposed” to reach 8140 points and bounce, according to our Big Picture calculations yet the lowest it achieved was just 8147 points followed by a weak bounce. Sometimes, a price drop bouncing above a target level is an indicator of inherent strength.\u00a0 What was interesting came from the nature of the bounce, market recovering to around 8170 before effectively spending the next four hours flatlining. With the actual market opting to close the day around 8160 points, we thought we’d witnessed an early signal of Friday providing some upward entertainment but this has not been reflected in after hours futures. Instead, the Futures market ended the day at 8160, causing a degree of head scratching.<\/span><\/p>\n

If we choose to take a pseudo optimistic viewpoint, perhaps what we witnessed was the Futures market closing stable, creating a situation where the FTSE shall open without the danger of any spike upward or downward, letting the market do its own thing for a change. Should this scenario indeed prove to be the case, some hope is presented with an initial hope movement next above 8165 will next trigger index recovery to an initial useless 8178 points. If triggered, the stop loss can be at 8145 points, fairly tight given our next scale of ambition. In the event 8178 is exceeded, our secondary is more useful at 8207 points. In this scenario, we’re able to give a third tier hope at 8242, along with a fairly strong hope next week shall be upwardly buoyant on the FTSE.<\/span><\/p>\n

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As always, we’ve a converse scenario and this one is quite unpleasant, calculating with the threat of weakness below 8145 triggering reversal to an initial 8090 points with our secondary, if the initial target breaks, working out at an unlikely looking 7996 points. In this instance, we rather think Friday should provide a day of gains on the FTSE. Unless, of course, the UK ruling party appoint Truss & Boris to replace the deity PM Sunak, simply because either one of them achieved higher polling ratings than the highly esteemed current Prime Minister.<\/span><\/p>\n

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FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/span><\/td>\nMarket<\/span><\/td>\nPrice At Issue<\/span><\/td>\nShort Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nLong Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nPrior<\/span><\/td>\n<\/tr>\n
9:44:41PM<\/span><\/td>\nBRENT<\/span><\/td>\n8202.9<\/span><\/td>\n8171<\/span><\/td>\n8127<\/span><\/td>\n8071<\/span><\/td>\n8273<\/span><\/td>\n8295<\/span><\/td>\n8370<\/span><\/td>\n8600<\/span><\/td>\n8171<\/span><\/td>\n<\/td>\n<\/tr>\n
9:48:33PM<\/span><\/td>\nGOLD<\/span><\/td>\n2303.32<\/span><\/td>\n2296<\/span><\/td>\n2292<\/span><\/td>\n2275<\/span><\/td>\n2306<\/span><\/td>\n2328<\/span><\/td>\n2360<\/span><\/td>\n2384<\/span><\/td>\n2317<\/span><\/td>\n<\/td>\n<\/tr>\n
9:57:33PM<\/span><\/td>\nFTSE<\/span><\/td>\n8159<\/span><\/td>\n8145<\/span><\/td>\n8121<\/span><\/td>\n8080<\/span><\/td>\n8180<\/span><\/td>\n8213<\/span><\/td>\n8236<\/span><\/td>\n8266<\/span><\/td>\n8173<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:00:37PM<\/span><\/td>\nSTOX50<\/span><\/td>\n4942.3<\/span><\/td>\n4926<\/span><\/td>\n4916<\/span><\/td>\n4873<\/span><\/td>\n4956<\/span><\/td>\n4998<\/span><\/td>\n5022<\/span><\/td>\n5054<\/span><\/td>\n4939<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:03:12PM<\/span><\/td>\nGERMANY<\/span><\/td>\n18283.2<\/span><\/td>\n18230<\/span><\/td>\n18192<\/span><\/td>\n18037<\/span><\/td>\n18327<\/span><\/td>\n18480<\/span><\/td>\n18550<\/span><\/td>\n18657<\/span><\/td>\n18370<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
10:05:41PM<\/span><\/td>\nUS500<\/span><\/td>\n5430<\/span><\/td>\n5403<\/span><\/td>\n5399<\/span><\/td>\n5383<\/span><\/td>\n5423<\/span><\/td>\n5446<\/span><\/td>\n5456<\/span><\/td>\n5474<\/span><\/td>\n5419<\/span><\/td>\n<\/td>\n<\/tr>\n
10:09:41PM<\/span><\/td>\nDOW<\/span><\/td>\n38609<\/span><\/td>\n38403<\/span><\/td>\n38282<\/span><\/td>\n37992<\/span><\/td>\n38702<\/span><\/td>\n38728<\/span><\/td>\n38846<\/span><\/td>\n38994<\/span><\/td>\n38616<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:12:48PM<\/span><\/td>\nNASDAQ<\/span><\/td>\n19579.5<\/span><\/td>\n19476<\/span><\/td>\n19441<\/span><\/td>\n19368<\/span><\/td>\n19520<\/span><\/td>\n19662<\/span><\/td>\n19705<\/span><\/td>\n19781<\/span><\/td>\n19552<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:15:42PM<\/span><\/td>\nJAPAN<\/span><\/td>\n38584<\/span><\/td>\n38395<\/span><\/td>\n38259<\/span><\/td>\n37896<\/span><\/td>\n38567<\/span><\/td>\n38859<\/span><\/td>\n38980<\/span><\/td>\n39175<\/span><\/td>\n38681<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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13\/06\/2024 FTSE Closed at 8163 points. Change of -0.63%. Total value traded through LSE was: \u00a3 5,444,343,185 a change of -29.92%<\/h5>\n
12\/06\/2024 FTSE Closed at 8215 points. Change of 0.83%. Total value traded through LSE was: \u00a3 7,768,504,488 a change of -2.17%<\/h5>\n
11\/06\/2024 FTSE Closed at 8147 points. Change of -0.98%. Total value traded through LSE was: \u00a3 7,940,759,501 a change of 69.47%<\/h5>\n
10\/06\/2024 FTSE Closed at 8228 points. Change of -0.21%. Total value traded through LSE was: \u00a3 4,685,518,096 a change of -0.6%<\/h5>\n
7\/06\/2024 FTSE Closed at 8245 points. Change of -0.48%. Total value traded through LSE was: \u00a3 4,713,927,581 a change of 0.32%<\/h5>\n
6\/06\/2024 FTSE Closed at 8285 points. Change of 0.47%. Total value traded through LSE was: \u00a3 4,698,915,634 a change of -17.77%<\/h5>\n
5\/06\/2024 FTSE Closed at 8246 points. Change of 0.17%. Total value traded through LSE was: \u00a3 5,714,375,018 a change of -25.64% <\/a><\/h5>\n

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.<\/span><\/span><\/p>\n

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION <\/span><\/span><\/p>\n

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.<\/span><\/span><\/p>\n

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.<\/span><\/span><\/p>\n

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…<\/p>\n

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares<\/h4>\n

<\/a>Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BME B & M** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:PMG Parkmead** **<\/p>\n

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Updated charts published on : Avacta, B & M, Diageo, Empyrean, Parkmead,<\/p>\n

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LSE:AVCT Avacta Close Mid-Price: 40 Percentage Change: -0.62% Day High: 40.25 Day Low: 40 <\/span><\/h4>\n

Continued weakness against AVCT taking the price below 40 calculates as l ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Avacta & Big Picture ***<\/a><\/p>\n

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LSE:BME B & M Close Mid-Price: 465 Percentage Change: -1.75% Day High: 471.4 Day Low: 464.1 <\/span><\/h4>\n

Target met. Continued weakness against BME taking the price below 464.1 c ……..<\/span><\/p>\n

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<\/p<\/p>\n

View Previous B & M & Big Picture ***<\/a><\/p>\n

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LSE:DGE Diageo Close Mid-Price: 2574.5 Percentage Change: -1.40% Day High: 2610 Day Low: 2561 <\/span><\/h4>\n

In the event Diageo experiences weakness below 2561 it calculates with a ……..<\/span><\/p>\n

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<\/p<\/p>\n

View Previous Diageo & Big Picture ***<\/a><\/p>\n

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LSE:EME Empyrean Close Mid-Price: 0.22 Percentage Change: -33.82% Day High: 0 Day Low: 0 <\/span><\/h4>\n

Target met. Continued weakness against EME taking the price below 0.22p c ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Empyrean & Big Picture ***<\/a><\/p>\n

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LSE:PMG Parkmead Close Mid-Price: 12.5 Percentage Change: -3.85% Day High: 13 Day Low: 12.25 <\/span><\/h4>\n

If Parkmead experiences continued weakness below 12.25, it will invariabl ……..<\/span><\/p>\n

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<\/p<\/p>\n

View Previous Parkmead & Big Picture ***<\/a><\/p>\n

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*** End of “Updated Today” comments on shares<\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"

#FTSE #Nasdaq\u00a0Perhaps it’s an election season thing but we must admit we’re experiencing some difficulty making sense out of many recent market movements. At times, such as on Thursday, the look on our faces was probably akin to US President Bidet when he’s searching for a clue as to where (and who) he is. The … <\/p>\n

Continue reading “Our world popular FTSE for FRIDAY (FTSE:UKX)”<\/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-5048","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5048","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=5048"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5048\/revisions"}],"predecessor-version":[{"id":5049,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5048\/revisions\/5049"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=5048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=5048"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=5048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}