{"id":929,"date":"2019-05-02T22:41:35","date_gmt":"2019-05-02T21:41:35","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=929"},"modified":"2019-05-03T08:22:51","modified_gmt":"2019-05-03T07:22:51","slug":"ftse-for-friday-3-05-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/05\/02\/ftse-for-friday-3-05-2019\/","title":{"rendered":"FTSE for Friday 3\/05\/2019"},"content":{"rendered":"\n

FTSE for FRIDAY #SP500 #NK225 <\/strong>\nFor the first time ever, visitor numbers from the USA \nexceeded visitors from the UK. In fact, the surge in USA visitors exceeded the \nrest of the world combined! It was quite amazing witnessing what happens, when a \ncouple of our reports were referenced in New York. But Reunion Island visitors \nstill feature, giving a weekly “wish I was there” boost to travel ambitions.<\/p>\n\n\n\n

As for the FTSE for Friday, a glance at the bigger \npicture reveals something fairly alarming. During April, the UK market exceeded \nthe downtrend for the last 12 months, flounced around but failed achieve escape \nvelocity, and now has retreated below the BLUE trend. In addition, the FTSE has \nbroken the immediate RED uptrend for 2019. <\/p>\n\n\n\n

In plain English, we’re not optimistic as the UK index \nrequires exceed 7433 to regain confidence!<\/p>\n\n\n\n

If taking a shot in the dark SHORT position, betting on \nour political leaders competence, this affords a “fairly reasonable” stop loss \nlevel, given the UK closed Thursday at 7351 points.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Near term, it appears alarm bells will be justified, if the FTSE trades below \n7338 points as reversal to an initial 7311 makes sense. If broken, our secondary \ncalculates at 7240, a point at which we’d hope for a bounce. We’d be remiss if \nwe failed to point out the FTSE is once again trading in a region where 6750 \nmakes sense for the longer term.<\/p>\n\n\n\n

It’s always difficult to be confident about Long potentials, when a market \nhas entered a reversal phase. Often, despite triggers being met, a share will \nonly achieve our initial “safe” target with any rise withering before the \nsecondary target level. At present, the FTSE requires above 7395 to indicate \nmiracle recovery to 7433 points initially (insufficient to escape the drop \ncycle). If bettered, secondary is at 7502 and visually quite believable.<\/p>\n\n\n\n

Have a good holiday weekend.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

FUTURES<\/a><\/p>\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

9:57:51PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

70.35<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

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

\n\t

10:13:38PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1270.8<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

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

\n\t

10:15:19PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7345.41<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:19:19PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5536<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:20:55PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12328.44<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:23:13PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

2917.97<\/font><\/TD>

\n\t

2897<\/font><\/TD>

\n\t

2888<\/font><\/TD>

\n\t

2876<\/font><\/TD>

\n\t

2925<\/font><\/TD>

\n\t

2931<\/font><\/TD>

\n\t

2939<\/font><\/TD>

\n\t

2953<\/font><\/TD>

\n\t

2904<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:25:28PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

26302<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:27:48PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7726.82<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:29:27PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

22296<\/font><\/TD>

\n\t

22147<\/font><\/TD>

\n\t

22077<\/font><\/TD>

\n\t

21945<\/font><\/TD>

\n\t

22358<\/font><\/TD>

\n\t

22388<\/font><\/TD>

\n\t

22464<\/font><\/TD>

\n\t

22562<\/font><\/TD>

\n\t

22218<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n\n<\/TABLE>\n\n\n\n

2\/05\/2019 FTSE Closed at 7351 points. Change of -0.46%. Total value traded through LSE was: \u00a3 5,569,031,363 a change of 41%\n\n\n<\/h5>\n","protected":false},"excerpt":{"rendered":"

FTSE for FRIDAY #SP500 #NK225 For the first time ever, visitor numbers from the USA exceeded visitors from the UK. In fact, the surge in USA visitors exceeded the rest of the world combined! It was quite amazing witnessing what happens, when a couple of our reports were referenced in New York. But Reunion Island … <\/p>\n

Continue reading “FTSE for Friday 3\/05\/2019”<\/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-929","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/929","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=929"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/929\/revisions"}],"predecessor-version":[{"id":930,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/929\/revisions\/930"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=929"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}