Lloyds Banking Group Plc Trading around 97.77 at time of writing

#Brent #Dax A feature of the enhanced cost of fuel is probably worth considering. The UK Government are pocketing a nice little windfall, their VAT take increased by 50% due to the Middle East mess. While they were previously generating around 20p per litre (on top of their 80p fuel duty tax, they are now generating 30p a litre and not required to do anything for it, other than ensure the war continues. It’s not in the UK Government nor European politicians best financial interests for prices to rapidly decline, any announcements of reopening North Sea fields or reopening refineries viewed as less than ideal. After all, if they can keep the hardship going for a few months, maybe folk will get used to it and politicians will be able to justify voting themselves another wage increase, due to the high cost of living they’ve created.

Over the weekend, considerable effort was made to blame the US President for the breakdown in peace talks, the media leading with “Trump Stops his Peace Envoys from going to Pakistan for Talks!”  Somehow or other, the media failed to mention the Iranian “peace diplomats” had already left Pakistan, some reports saying their lead negotiator had resigned. It made absolutely no sense for a US delegation to arrive in Pakistan with no-one to negotiate with. Quite why the media work so hard to blame President Trump for everything is beyond comprehension but doubtless goes some way in explaining why he’s quite a popular shooting target.

Meanwhile, in more important news, our little red tractor has disgraced itself repeatedly. The drive mechanism for the cutting deck failed repeatedly on Saturday, a strip of grass 2 metres long and 1.2 metres wide successfully cut before everything stopped turning. The tractor essentially dangles a twin bladed Chinook helicopter underneath it, generally doing a pretty good job on the lawn. Unfortunately (doubtless due to my work last year) the blades seem determined to pick a fight with each other, causing the machine to come to a noisy sudden stop. Monday shall see the deck removed and given a firm talking too, while I try and ensure 90 degree separation between the blades at all times. Usually a few elaborate theories spawn before such a job but this time, I’ve got nothing other than knowing it shouldn’t happen. Well, okay, there might be a 45 pence part which I might not have fitted, something called a “Woodruff Key”. Should this prove to be the case, I shall never talk of this incident again. It’s a bit like forgetting to fit the wheel nuts, after fixing a puncture, an incident which requires a special type of idiot…

Back in the land of things which can sometimes make sense, the share price for Lloyds has been doing something really surprising.

Once upon a time, Lloyds Bank share price was over 10 quid. In fact, back in May 1999, ‘just’ 27 years ago, it was around 1070p. Paying any attention to a trend spawned from this sort of nonsense would be utterly ridiculous, aside for something which is bugging us. Zooming in on price movements for Lloyds this year reveals something which we did not anticipate.

In our opinion, there should NOT be a valid downtrend since 1999 but in the case of Lloyds, when we opt to view closing prices this year, they intersect rather neatly with the Dark Blue line dating back to May 1999. While this may be a silly co-incidence, we’re nervous about making such a finite statement as it’s extremely rare for the market to endure “co-incidence”, quite the opposite. From our perspective, it creates a fascinating situation where we’re supposed to apply future strengths from a share price which was once over 10 quid. The implication is for a growth scenario which shall exhibit strength, a bit like the methods currently in use by politicians to steal from the public. After all, they could reduce VAT to alleviate costs to motorists, yet choose to ignore such an option, relying on “the media” forgetting the current 20% rate of VAT was a temporary increase during the banking bailout after 2009. Prior to this, it was 17.5%.. For the Government to alter the VAT rate on fuel to levels which would maintain their levels of usury, VAT on Petrol & Diesel should be reduced to 11% or so.

If we opt to muck around with a trend which “perhaps” commenced in May 1999, things certainly get interesting with various degrees of acceleration. Currently, above 106p should next trigger movement to an initial 111 with our secondary, if beaten, at 123p, While we anticipate some hesitation at this secondary level, the share price should move solidly into a Big Picture cycle, where a future third level target of 153p awaits. And for those with infinite patience, a long term 310p should be exerting an attractive influence. How hard can it be?

In the event things intend go wrong, below 85p would be a bad thing, allowing for reversal to an initial 72p and if this level breaks, our secondary – and potential bottom – calculates down at 60p.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
1:50:17AM BRENT 9964.8 9594 9465 9248 9807 10116 10265 10440 9947
6:59:46PM GOLD 4708.8
7:06:04PM FTSE 10386
10:42:40PM STOX50 5905.9
11:04:14PM GERMANY 24258 23838 23715 23354 24158 24232 24429 24626 24090
11:27:53PM US500 7141.9
11:29:55PM DOW 49107.4
11:32:19PM NASDAQ 27232.7
11:34:39PM JAPAN 59792

 

24/04/2026 FTSE Closed at 10379 points. Change of -0.75%. Total value traded through LSE was: £ 6,757,896,465 a change of -3.26%
23/04/2026 FTSE Closed at 10457 points. Change of -0.18%. Total value traded through LSE was: £ 6,985,316,582 a change of -3.94%
22/04/2026 FTSE Closed at 10476 points. Change of -0.21%. Total value traded through LSE was: £ 7,271,923,237 a change of 4.79%
21/04/2026 FTSE Closed at 10498 points. Change of -1.05%. Total value traded through LSE was: £ 6,939,310,505 a change of -19.68%
20/04/2026 FTSE Closed at 10609 points. Change of -0.54%. Total value traded through LSE was: £ 8,639,261,853 a change of -7.81%
17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:FOXT Foxtons** **LSE:ITM ITM Power** **LSE:STAR Star Energy** **

********

Updated charts published on : British Telecom, Carclo, Foxtons, ITM Power, Star Energy,


LSE:BT.A British Telecom. Close Mid-Price: 223 Percentage Change: + 1.25% Day High: 225.1 Day Low: 219.75

Target met. All British Telecom needs are mid-price trades ABOVE 225.1 to ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***


LSE:CAR Carclo Close Mid-Price: 40.7 Percentage Change: -3.10% Day High: 42.9 Day Low: 39

If Carclo experiences continued weakness below 39, it will invariably lea ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***


LSE:FOXT Foxtons. Close Mid-Price: 43.15 Percentage Change: + 3.85% Day High: 43.65 Day Low: 41.3

Continued weakness against FOXT taking the price below 41.3 calculates as ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:ITM ITM Power. Close Mid-Price: 154.8 Percentage Change: + 8.56% Day High: 166.5 Day Low: 140

Target met. In the event of ITM Power enjoying further trades beyond 166. ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:STAR Star Energy. Close Mid-Price: 17.25 Percentage Change: + 8.49% Day High: 17.5 Day Low: 16.1

Target met. In the event of Star Energy enjoying further trades beyond 17 ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***


*** End of “Updated Today” comments on shares

Our famed FTSE for FRIDAY. Trading around 10,457 at time of writing

A day which was supposed to be spent “going fishing” turned into one of these “I went into the kitchen for X, came across Y and was distracted, finally going somewhere else for Z. And completely forgot X” days. Needless to say, we were not even going to get to the point where fishing rods were attached to the car. But when the pair of us went into the kitchen to make a couple of flasks of coffee, my chum asked if I’d a sparkplug suitable for his garden lawnmower. So while the coffee machine was slaving away, we went out to the workshop to dig out a plug and the chainsaws caught his eye.

Apparently his neighbours have agreed the monster hedge between their properties can come down and they’ll go 50:50 on a new fence. But no-one approves the quotes from contractors, feeling between 5 and 7 thousand pounds to be a bit of a rip off. When my chum saw my chainsaws, he suddenly had a “good idea”, asking if he could borrow a 26 inch machine to tackle his hedge. Of course, I was happy to oblige, though suggested a quick lesson on how to tackle a hedge would be considerably beneficial. The problem using a chainsaw to tackle a bush comes from the sheer volume of vegetation sucked back into the saw. The trick is quite simple, using the top side of the saw blade for the cutting stroke, this ensuring vegetation was flung away from the machine.

I suggested we go up to our log cutting area for a demonstration as we’ve a holly bush which must be terminated this year as it has ideas above its station. Leaving the coffee machine to finish, we headed up to the cutting area, started the machine, and I demonstrated the easiest way to remove bushes, even slashing into a rhododendron bush as a secondary example of this supposedly safe cutting technique. When this routine was finished, my chum asked how long a tree had been in the stream! A large chunk of what looked like Beech visually was blocking the stream, though water was somehow making itself under the tree without any impromptu swimming pools being formed. This lump of tree had silently been swept over the waterfall, almost certainly in a position to block the stream during the next confluence of water, due to heavy weather. It made sense for us to attack this tree trunk, even fetching a 4 ton winch to drag the thing up the bank.

At some point, the coffee was remembered, so we made ourselves comfortable while enjoying the view, a distant military ship of some sort doing impressive patrol manoeuvres in the sea, fairly close to the secret nuclear submarine base. The presence of a couple of powerful tug boats also brought the suggestion the naval destroyer was working in concert with a submerged vessel. We suspect someone has decreed these big commercial tugs MUST be available in case the “pride of Britain’s  Fleet” breaks down. It was just another Thursday, though one with extraordinary good weather.

Fishing was completely forgotten and it was all because my friend asked for a spark plug, creating a new high in the usual game of “I went into the kitchen and…” But we did make plans to do fishing things next week, weather allowing.

As for the FTSE, above 10524 should trigger movement to an initial 10583 with our secondary, if beaten, at 10657 points. This secondary, matching market highs since the start of April,  is almost certain to provoke market hesitation. It looks like the FTSE shall need above 10,690 points to provoke the upward cycle which is apparently coming.

If things intend go wrong for the FTSE, below 10358 risks triggering reversal down to an initial 10196 with our secondary, if broken, down at 10034 along with the potential for a rebound.

Have a good weekend.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:28:03PM BRENT 10045.3 9583 9442 9207 9852 10140 10267 10739 9800 Success
11:31:02PM GOLD 4691.35 4665 4655 4616 4710 4742 4769 4804 4716 Success
11:35:46PM FTSE 10379 10341 10322 10272 10400 10471 10516 10575 10431 Success
11:38:31PM STOX50 5852.9 5825 5733 5619 5867 5911 5953 6007 5871 ‘cess
11:40:37PM GERMANY 24087 23838 23705 23520 24000 24260 24363 24538 25083
11:46:56PM US500 7117.3 7058 7022 6980 7096 7148 7196 7234 7048 Shambles
11:52:19PM DOW 49215.9 48953 48800 48451 49240 49523 50098 50769 49315
11:44:27PM NASDAQ 26951.5 26533 26490 26321 26713 26997 27153 27358 26856 Shambles
11:47:29PM JAPAN 59333 58282 58220 57560 58890 59538 60199 60474 59178 Success

 

23/04/2026 FTSE Closed at 10457 points. Change of -0.18%. Total value traded through LSE was: £ 6,985,316,582 a change of -3.94%
22/04/2026 FTSE Closed at 10476 points. Change of -0.21%. Total value traded through LSE was: £ 7,271,923,237 a change of 4.79%
21/04/2026 FTSE Closed at 10498 points. Change of -1.05%. Total value traded through LSE was: £ 6,939,310,505 a change of -19.68%
20/04/2026 FTSE Closed at 10609 points. Change of -0.54%. Total value traded through LSE was: £ 8,639,261,853 a change of -7.81%
17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:IQE IQE** **

********

Updated charts published on : MAN, Foxtons, Genel, IQE,


LSE:EMG MAN Close Mid-Price: 245.6 Percentage Change: -7.32% Day High: 266.4 Day Low: 240.2

Below 240 strongly suggests coming reversal to an initial 224 with seconda ……..

Subscribe for more

</p

View Previous MAN & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 41.55 Percentage Change: -5.57% Day High: 43.8 Day Low: 41.55

Target met. In the event Foxtons experiences weakness below 41.55 it calc ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:GENL Genel Close Mid-Price: 50.5 Percentage Change: -0.98% Day High: 52.2 Day Low: 50.2

If Genel experiences continued weakness below 50.2, it will invariably le ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***


LSE:IQE IQE Close Mid-Price: 49.75 Percentage Change: -20.53% Day High: 64.5 Day Low: 42

This has suddenly got a little fruity as weakness below 42 should next drt ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


*** End of “Updated Today” comments on shares

BP Oil (LSE:BP.). Trading around 572.40 at time of writing.

#Gold #DAX BP has finally achieved the targets we presented a month ago, managing to close above our 569p secondary target on several occasions. Perhaps more impressively, the share also tackled our third level target of 606p, exceeding that target slightly before closing the day at a shoulder disconnecting 605.3p. This sort of “pat on the back” is always appreciated as it confirms we’ve been following the correct trend from which to base our calculations!

Despite all this euphoria, there’s a bit of a worry becoming evident. The Blue downtrend on the chart below, a crayon mark which dates back to 2018, has been pierced 3 times during the last month. Obviously, this must be an effect of the ‘war on shipping’ currently ongoing and a quite strange economic situation which has been created. Usually, prices head upward due to Demand, sheer buying pressure creating inflationary circumstances. Now, a quite different situation exists as Demand has remained fairly steady, though in a state of constant decline due to the attempted shift to electric power. But Supply has faltered, oil refineries in Europe failing to be drip-fed the raw product needed to keep them ticking over. When, in the instance of the UK, this is blended with a government being wilfully blind to the UK’s assets in the North Sea and happy to see refineries close in their race to commit national economic suicide, events in the Middle East couldn’t have happened at a less inconvenient time.

The UK Prime Minister is doubtless drowning in mixed emotions, the shambles of Epstein/Mandelson keeping the shambles of Economic Mismanagement off the front pages. Hopefully, this only remains the case for a fairly short term as the North Sea remains able to deliver. Additionally, the Grangemouth Refinery in Scotland could be recommissioned, resuming its position as the major producer of Jet Fuel (essentially paraffin) and keeping aircraft flying. For now, we’re in a situation where Net Zero has turned into Zero Net, absolutely no safety net while the clowns in government try a high wire act with no safety net. At least during Covid19, they had the excuse they didn’t know what they were doing but in the current position, they knew exactly what they were doing when destroying the UK’s oil industry.

It may be suspected we’re quite irritated at this mess.

The three dips below the Blue downtrend bother us, perhaps early warning the price of BP is about to react to the current shambolic market conditions. It’s an awkward situation and becoming harder to resolve quickly, due to national governments already using their “strategic reserves” to create a comfort zone to disguise the lack of supply. But there’s obviously a point when this situation will dissolve, especially in the UK where it became part of the master plan to allow fuel stocks in petrol stations to be regarded as part of the strategic reserve. Some petrol stations, blessed with truly massive underground tanks, could easily hold over 1/4 million litres and a value of stock beyond the ability of a normal retailer to fund. But instead, an oil company would choose to “bunker” a certain amount of fuel, a reserve the retailer hadn’t paid for and only chargeable once the site started to draw on it. In this way, inconveniences like “tanker driver strikes” didn’t make all petrol stations run out of fuel, those blessed with super large storage able to keep functioning as they’d generally sufficient fuel to keep operating for a few weeks. Personally, when changing fuel tanks at one of our own petrol stations 25 years ago, the size of the new tanks were a complete shock, a tanker of fuel generally holding 34,000 litres and our new diesel tank able to accommodate 3 tanker loads. And the more popular petrol tanks were similarly proportioned.

With the country now running in a mode opposite to Malthus’s Supply & Demand laws, things risk becoming a bit strange for BP’s share price.  If the price of fuel is forced to increase, the reason will be an attempt to maintain income levels. But in a normal market environment, price increases are an attempt to maximise income levels exponentially. This should place some interesting pressures on Crude prices as we enter a strange new land.

Currently for BP share price, below 531p shall be taken as a trigger capable of provoking reversal to an initial 500p with our secondary, if broken, at 459p and perhaps a bottom capable of provoking a bounce.

But if things turn sunny in the Straits of Hormuz, the share need only exceed 586p to tick the first box which should trigger a surprise cycle, one which has an initial calculation of 652p and our secondary, if beaten, at 721p.

Our suspicion is BP’s share price risks some reversals.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:26:21PM BRENT 9572.3 ‘cess
11:31:00PM GOLD 4727.13 4711 4693 4667 4747 4749 4779 4816 4722
11:33:09PM FTSE 10455.6
11:32:30PM STOX50 5884.4
11:37:24PM GERMANY 24124 23884 23809 23480 24192 24393 24579 24810 24194
11:47:32PM US500 7115.8
11:51:53PM DOW 49252.1
11:57:06PM NASDAQ 26890 ‘cess
12:00:23AM JAPAN 59879

 

22/04/2026 FTSE Closed at 10476 points. Change of -0.21%. Total value traded through LSE was: £ 7,271,923,237 a change of 4.79%
21/04/2026 FTSE Closed at 10498 points. Change of -1.05%. Total value traded through LSE was: £ 6,939,310,505 a change of -19.68%
20/04/2026 FTSE Closed at 10609 points. Change of -0.54%. Total value traded through LSE was: £ 8,639,261,853 a change of -7.81%
17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BT.A British Telecom** **LSE:GENL Genel** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:SFOR S4 Capital** **

********

Updated charts published on : British Telecom, Genel, IG Group, IQE, Intertek, Ocado Plc, Oxford Instruments, S4 Capital,


LSE:BT.A British Telecom Close Mid-Price: 216.4 Percentage Change: -1.64% Day High: 221.75 Day Low: 216.15

Continued trades against BT.A with a mid-price ABOVE 221.75 should improv ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***


LSE:GENL Genel Close Mid-Price: 51 Percentage Change: -1.16% Day High: 52.2 Day Low: 50.5

In the event Genel experiences weakness below 50.5 it calculates with a d ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***


LSE:IGG IG Group. Close Mid-Price: 1539 Percentage Change: + 0.29% Day High: 1548 Day Low: 1523.5

All IG Group needs are mid-price trades ABOVE 1548 to improve acceleratio ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***


LSE:IQE IQE Close Mid-Price: 62.6 Percentage Change: -0.63% Day High: 72.8 Day Low: 59.3

All IQE needs are mid-price trades ABOVE 72.8 to improve acceleration tow ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:ITRK Intertek. Close Mid-Price: 4960 Percentage Change: + 1.39% Day High: 5160 Day Low: 4820

Target met. Continued trades against ITRK with a mid-price ABOVE 5160 sho ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***


LSE:OCDO Ocado Plc Close Mid-Price: 217.7 Percentage Change: -0.18% Day High: 223.2 Day Low: 214.1

All Ocado Plc needs are mid-price trades ABOVE 223.2 to improve accelerat ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***


LSE:OXIG Oxford Instruments Close Mid-Price: 2858 Percentage Change: -1.45% Day High: 3038 Day Low: 2858

All Oxford Instruments needs are mid-price trades ABOVE 3038 to improve a ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***


LSE:SFOR S4 Capital Close Mid-Price: 41 Percentage Change: -3.07% Day High: 43.4 Day Low: 40.35

In the event of S4 Capital enjoying further trades beyond 43.4, the share ……..

Subscribe for more

</p

View Previous S4 Capital & Big Picture ***


*** End of “Updated Today” comments on shares

International Workplace Group (LSE:IWG). Trading around 196.40 at time of writing.

#BrentCrude #Nasdaq It’s a little fascinating how International Workplace Group continue to reframe their position, facilitating to a market which must feel like herding cats. When the shambles of the Covid19 era hit, they were certainly placed to ensure business’s kept operating, despite the constraints from governments, always keen to restrain trade internationally. IWG celebrated the opportunity by declaring bankruptcy across 97 different entities. But IWG’s experience and reach certainly created a situation where folk could “talk” internationally with the most up to date methods of conferencing, provided seamlessly. But a newer challenge has emerged, one framed by harsh economics.

The price of fuel is apparently seriously influenced decisions on “work from home” as the cost of commuting leapt, once supply constraints affected the price of oil, substantially increasing the daily cost of commuting from the mess of Bedford to London or less likely, travelling from Esher to London. It exhausts our experience, discussing beyond these areas. But memories of Esher tend imply folk from the hamlet rarely trouble themselves by visiting the city. A chum bought a business and land in Kingston Upon Thames, his single visit to the city using his boat, which really doesn’t count as commuting. But it has become clear many folk are avoiding the traumatic cost of fuel currently and we question why the UK Government has not followed many other countries by making an effort to lower the burden. When paying £1.86 per litre, the public are exposed to VAT of 37p and DUTY around 90p, it remaining the case the government still accounts for the bulk of the cost of fuel.

But once again, commercial property shall face the reality of empty offices, again creating demand for solutions for meetings and discussions from multiple remote locations. The ongoing heavy boulder, rolling over commercial property leases must be worth some long term reflection.  After all, we shall inevitably face the day when we attend meetings wearing 3d headsets, everyone with perfect bodies and the location being a pretty outdoor cafe in Brussels… All kidding aside, this would certainly beat a meeting anywhere on Canary Wharf, the second portal of hell.

We’ve been taking a hard look at IWG share price, especially due to their failure to reach our 252p target (slightly) with a rise failing at 250p. From our perspective, this was a big deal as we couldn’t justify calibration for the error but instead, a suspicion of weakness in the share. Should this indeed be the case, below 174 presently suggests the risk of weakness to an initial 162p with our secondary, if broken, calculating at an eventual 132p which should provide a bounce point.

However, if IWG intends catch a break, above just 202p should next prove important, allowing for movement to an initial 222p with our secondary, if bettered, at a pretty confident sounding 262p which dumps the share price in a land, where a decent future should become logical. Of course, as we’ve just over a week from the Miami Grand Prix circus commencing, perhaps our optimism is being inflated faster than Red Bulls attempts of cheating aerodynamic regulations.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:11:07PM BRENT 9639.1 8990 8731 8414 9130 9682 9714 10192 9215
10:28:44PM GOLD 4692.93 ‘cess
10:32:16PM FTSE 10464 Success
10:49:41PM STOX50 5913.3 Success
10:52:40PM GERMANY 24159.9 ‘cess
10:54:41PM US500 7086.2 Shambles
11:01:45PM DOW 49286.6 ‘cess
11:04:47PM NASDAQ 26586.7 26400 26356 26228 26576 26740 26820 26960 26622 Shambles

 

21/04/2026 FTSE Closed at 10498 points. Change of -1.05%. Total value traded through LSE was: £ 6,939,310,505 a change of -19.68%
20/04/2026 FTSE Closed at 10609 points. Change of -0.54%. Total value traded through LSE was: £ 8,639,261,853 a change of -7.81%
17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%
13/04/2026 FTSE Closed at 10582 points. Change of -0.17%. Total value traded through LSE was: £ 6,248,149,769 a change of -33.03%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:IGG IG Group** **LSE:OCDO Ocado Plc** **LSE:SFOR S4 Capital** **

********

Updated charts published on : Avacta, BALFOUR BEATTY, IG Group, Ocado Plc, S4 Capital,


LSE:AVCT Avacta. Close Mid-Price: 79.5 Percentage Change: + 3.25% Day High: 81 Day Low: 77

All Avacta needs are mid-price trades ABOVE 81 to improve acceleration to ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***


LSE:BBY BALFOUR BEATTY Close Mid-Price: 826.5 Percentage Change: -0.60% Day High: 839 Day Low: 825

Further movement against BALFOUR BEATTY ABOVE 839 should improve accelera ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***


LSE:IGG IG Group Close Mid-Price: 1534.5 Percentage Change: -0.10% Day High: 1544 Day Low: 1528

Continued trades against IGG with a mid-price ABOVE 1544 should improve t ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***


LSE:OCDO Ocado Plc. Close Mid-Price: 218.1 Percentage Change: + 4.76% Day High: 222 Day Low: 206.8

Further movement against Ocado Plc ABOVE 222 should improve acceleration ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***


LSE:SFOR S4 Capital. Close Mid-Price: 42.3 Percentage Change: + 7.09% Day High: 42.3 Day Low: 39

Target met. Further movement against S4 Capital ABOVE 42.3 should improve ……..

Subscribe for more

</p

View Previous S4 Capital & Big Picture ***


*** End of “Updated Today” comments on shares.

Convatec Plc (LSE:CTEC) looks good. Trading around 236.80 at time of writing.

#Gold #Nasdaq Gossiping to one of the folk on my usual dog walk circuit, I related the story of becoming utterly fed up with Scotlands weather. Instead of becoming defensive, she agreed and pointed out we’ve “enjoyed” around 7 months of rain here in Argyll. Obviously, it usually does not rain all day, only when you need to step outside to do something. It’s one thing being caught in a downpour when walking the animals, quite another when you look out the window and realise squeezing into a wet suit would make some sense. And of course, Golden Retrievers will usually refuse to go out in the rain, despite their propensity to get wet at every other opportunity. One of my favourite “countryside” jokes is to point out it always rains the day after the grass has been cut. Thus, when using my newly serviced Strimmer to butcher the lawn edges, it was not a surprise to feel rain on my face when the job was finished.

It’s possible Scotland was described quite nicely with that dreadful pop dirge; “Love is all Around”, number one in the mid-1990’s chart for 4 painful months. The Scottish band name was imaginative; “Wet Wet Wet“. It transpires the only way to get revenge on our Argyll climate is to write about it, honestly and often. If only the Scottish government would do more to “sell our mountains”, not for tourism but to get the sodding things moved somewhere else 

Since August 2025, Convatec share price has behaved as if it were trapped in Scottish frame of mind, realistically doing very little other than bob up and down. An email asked that we update our thoughts on the subject and it’s slightly interesting to note this years price shuffles have revealed the market appears to be paying attention to Red on the chart. On April 8th, the share price was manipulated (“gapped”) above this Red trend, sending a neat little message some share price recovery should be expected.

This has created a fairly confident calculation share price movement next above 245p should trigger price movement to an initial 254p with our secondary, if bettered, at a longer term 284p. This longer term secondary is visually problematic, suggesting some hesitation while the share price matched the high of May 2025 and a bunch of folk respond by creating selling pressure, while they delight in retrieving their funds from a year long vacation. However, we should acknowledge share price closure above 284p should reveal a long term 322p exhibiting itself as an attractive ambition.

Convatec share price needs below 224p to ring alarm bells, providing the threat of reversal to an initial 200p with our secondary, if broken, at 180p and hopefully a bounce.

But for now, in direct contradiction to our thoughts on Scotland’s weather, we’re pretty optimistic on this share price.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:31:55PM BRENT 8945.1
11:34:21PM GOLD 4823.92 4737 4691 4625 4794 4892 5052 5369 4852
11:46:04PM FTSE 10618.8
10:53:57PM STOX50 5996.5
10:57:43PM GERMANY 24502.3
11:00:23PM US500 7118.9
11:25:02PM DOW 49515.6
11:37:12PM NASDAQ 26630.9 26413 26385 26290 26551 26670 26746 26868 26542
11:43:24PM JAPAN 59275

 

20/04/2026 FTSE Closed at 10609 points. Change of -0.54%. Total value traded through LSE was: £ 8,639,261,853 a change of -7.81%
17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%
13/04/2026 FTSE Closed at 10582 points. Change of -0.17%. Total value traded through LSE was: £ 6,248,149,769 a change of -33.03%
10/04/2026 FTSE Closed at 10600 points. Change of -0.03%. Total value traded through LSE was: £ 9,329,891,860 a change of 42.46%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:STAR Star Energy** **

********

Updated charts published on : IG Group, ITM Power, Oxford Instruments, Star Energy,


LSE:IGG IG Group. Close Mid-Price: 1536 Percentage Change: + 1.05% Day High: 1536 Day Low: 1515.5

Target met. In the event of IG Group enjoying further trades beyond 1536, ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***


LSE:ITM ITM Power Close Mid-Price: 126.7 Percentage Change: -3.65% Day High: 145 Day Low: 123.1

Further movement against ITM Power ABOVE 145 should improve acceleration ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:OXIG Oxford Instruments. Close Mid-Price: 2896 Percentage Change: + 0.70% Day High: 3006 Day Low: 2834

Target met. In the event of Oxford Instruments enjoying further trades be ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***


LSE:STAR Star Energy. Close Mid-Price: 15.5 Percentage Change: + 1.64% Day High: 16.55 Day Low: 15.5

All Star Energy needs are mid-price trades ABOVE 16.55 to improve acceler ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***


*** End of “Updated Today” comments on shares

Barclays Plc (LSE:BARC). Trading around 452.85 at time of writing.

#Brent #Germany Without any surprise, the FTSE managed waste everyone’s time on Friday, frittering around while rain fell here in Argyll in record quantities, while other world markets were experiencing a 2% day of gains.. Again. Cutting a long story short, instead of vanishing down a YouTube rabbithole on Friday afternoon, looking at properties in Norfolk consumed a large part of the day. And a big question arose! How the hell can people in England afford to buy houses? The entire property game still looks like a massive pyramid scheme, one which is surely going to bite back harder than the mortgage related banking shambles of 2009. An industry which can only survive if prices continuing going up isn’t an industry but instead, a collective delusion. My wife acidly points out I shall forget my negative weather comments as we’re about to experience Argyll’s two “safe” summer months, May and June.

The FTSE’s moribund behaviour is something we hope shall prove to be a fairly short term affliction, hopefully cured once navigation resumes in the Straits of Hormuz. We glanced at shipping movements tonight, noting a Saudi cruise ship was cheerfully carrying its passengers through the troubled zone, presumably without hindrance on what appears to be a regular three day “jolly” from Jeddah. Equally, plenty of aircraft were flying over Israel though airspace above Iran remained as absent as the UK Prime Ministers apparent ethical standards.

However, there remains optimism for some decent FTSE acceleration, such an event obviously holding a high probability of a further kick up Barclays memory from 2009,  To be fair, the share price is already cruising in an area where our rule of thumb deems a distant 737p as exerting a future influence, though goodness knows how long it would take. Unfortunately, the share price only needs close below 432p for us to glare at the tea leaves and revisit the numbers for the future.

At present, above 456p is supposed to trigger gains in the direction of an initial 468p with our secondary, if bettered, at 506p and the possibility of the share price entering the land of Big Picture miracles. While achieving 506p shall challenge the downtrend since 2007 and the years of “political integrity” from PM’s Blair & Brown (aka sarcasm), this is liable to become a truly important era for the retail bank share price as while it’s possible to highlight various price levels as potential problems on the way up, the strength of the share price when this Blue downtrend commenced is liable to make a future 737 a very viable ambition. Hopefully a future mortgage crisis fails to appear at such a level as it would provide Barclays share price with the most poisonous “double top” since “Good Old Yellow Pages” share price pretended a fake recovery…

Should things intend go wrong for Barclays – or at least enact a slow down – below 432p would certainly present a problem, opening up the concept of reversal to an initial 408 with our secondary, if broken, at 353p and the potential for a bounce. At present, we’re more focussed on happier days ahead.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
9:26:25PM BRENT 8706.4 8475 8098.5 7454 8780 9140 9577 10033 9027
9:30:32PM GOLD 4846.28
11:20:42PM FTSE 10693.4
10:24:20PM STOX50 6038.5
11:06:58PM GERMANY 24370 24252 24005 23741 24390 24648 24721 24910 24575
11:13:15PM US500 7073.7
11:16:01PM DOW 49003.5
11:18:09PM NASDAQ 26464
10:56:25PM JAPAN 58899

 

17/04/2026 FTSE Closed at 10667 points. Change of 0.74%. Total value traded through LSE was: £ 9,370,886,318 a change of 52.53%
16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%
13/04/2026 FTSE Closed at 10582 points. Change of -0.17%. Total value traded through LSE was: £ 6,248,149,769 a change of -33.03%
10/04/2026 FTSE Closed at 10600 points. Change of -0.03%. Total value traded through LSE was: £ 9,329,891,860 a change of 42.46%
9/04/2026 FTSE Closed at 10603 points. Change of -0.05%. Total value traded through LSE was: £ 6,549,262,704 a change of -39.09%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : BALFOUR BEATTY, IG Group, IQE, ITM Power, Intertek, Marks and Spencer, Oxford Instruments, S4 Capital, Scottish Mortgage Investment Trust,


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 832 Percentage Change: + 1.71% Day High: 836.5 Day Low: 810

In the event of BALFOUR BEATTY enjoying further trades beyond 836.5, the ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***


LSE:IGG IG Group. Close Mid-Price: 1520 Percentage Change: + 0.46% Day High: 1531.5 Day Low: 1517

Further movement against IG Group ABOVE 1531.5 should improve acceleratio ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***


LSE:IQE IQE Close Mid-Price: 52.1 Percentage Change: -11.09% Day High: 72 Day Low: 48.5

Target met. In the event of IQE enjoying further trades beyond 72, the sh ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:ITM ITM Power. Close Mid-Price: 131.5 Percentage Change: + 40.12% Day High: 144.1 Day Low: 104

Target met. Continued trades against ITM with a mid-price ABOVE 144.1 sho ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:ITRK Intertek. Close Mid-Price: 4969 Percentage Change: + 4.50% Day High: 5038 Day Low: 4794

In the event of Intertek enjoying further trades beyond 5038, the share s ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 368.7 Percentage Change: + 2.33% Day High: 372.9 Day Low: 354.1

Continued trades against MKS with a mid-price ABOVE 372.9 should improve ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:OXIG Oxford Instruments. Close Mid-Price: 2876 Percentage Change: + 2.28% Day High: 2900 Day Low: 2760

Target met. Further movement against Oxford Instruments ABOVE 2900 should ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***


LSE:SFOR S4 Capital. Close Mid-Price: 40.4 Percentage Change: + 4.26% Day High: 41.8 Day Low: 38.65

Target met. Continued trades against SFOR with a mid-price ABOVE 41.8 sho ……..

Subscribe for more

</p

View Previous S4 Capital & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1444 Percentage Change: + 0.63% Day High: 1453.5 Day Low: 1434.5

Continued trades against SMT with a mid-price ABOVE 1453.5 should improve ……..

Subscribe for more

</p

View Previous Scottish Mortgage Investment Trust & Big Picture ***


*** End of “Updated Today” comments on shares

Our world famed FTSE for FRIDAY (FTSE:UKX) + some S&P500 thoughts!

#FTSE #Brent In an ideal world, the S&P 500 is about to produce a “teachable” moment, the index finally closing above the 7,000 point level for the first time ever. Headline writers are waxing lyrical about such an event but we’re neither surprised nor impressed. From our perspective,  the 7,000 level should only be a footnote in S&P movements as the current cycle indicates growth above 7,052 should next trigger movement to an initial 7,085 points. The really impressive level is the potential “top” of this cycle, calculating at 7,450 points.

This secondary ambition is liable to be a big deal, representing a price level at which we anticipate some volatility. But there is an important caveat with the S&P. If the market starts “gapping” the index up, should our initial 7,085 be exceeded, it creates a situation where the goblins who control the market probably have a different, higher, target level in mind. Time will tell.

As for The FTSE, the index is driving us a little bonkers. If it would only move in accordance with “our rules”, we’d be confident proposing happy days are indeed ahead. Whereas Germany which has mucked around since the start of this year just ticked a pretty confident box which points at a future 25,750 on the DAX, a tidy 1,500 points above current levels. But the FTSE feels stalled, shuffling around like a gender confused person facing a choice of toilet doors. The value of the index has exceeded the point of trend break on the Red trend, it has even regained the Red trend, conventional logic screaming the UK index is primed for substantial movement. Instead, we are being treated to daily shuffles incapable of suggesting direction.

Currently, above 10,687 points should prove important, potentially triggering a rise to an initial tame 10,792 points but our “longer term” secondary, if exceeded, calculates at 11,183 points. While journalists shall doubtless deem the 11,000 level as important, the FTSE is liable to continue blundering upwards with a third level target working out at a future 11,447 points. Perhaps the UK Government shall do the decent thing and resign, once again allowing optimism to return. Reports the UK has been buying oil from Norway were a shock, our countries North Sea reserves far greater than Norway’s. The blind adherence to something called Net Zero is actively damaging our economy, just for imaginary political point scoring. In other news, apparently the UK Prime Minister had no idea his proposed American Ambassador has failed “vetting”, a detail which must surely call into question his management style by not monitoring the appointment of the UK’s most important diplomatic position.

Our alternate scenario suggests aggressive eyebrow action, if the FTSE manages below  10,450 points as weakness toward 9.983 points looks possible with our secondary, if broken, at 9,764 points. For now, we’re inclined to adhere to an optimistic outlook.

Have a good weekend, hopefully with a little less rain than we’re getting here in Argyll.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:27:46PM BRENT 9420.7 9010 8646 9319 9627 9813 9426 Success
10:29:40PM GOLD 4788.59 4772 4750 4814 4840 4863 4810 Shambles
10:31:29PM FTSE 10582.4 10542 10505 10570 10647 10670 10565
10:34:24PM STOX50 5913.9 5899 5893 5935 5971 5999 5946
10:38:26PM GERMANY 24107.5 24055 24025 24122 24258 24286 24090
10:45:33PM US500 7040.4 7008 7000 7037 7051 7069 7017
10:47:46PM DOW 48628 48278 48116 48480 48671 48752 48463
10:49:32PM NASDAQ 26299.5 26121 26035 26286 26400 26423 26266
10:53:24PM JAPAN 59265 58821 58598 59153 59675 59900 59304 Success

 

16/04/2026 FTSE Closed at 10589 points. Change of 0.28%. Total value traded through LSE was: £ 6,143,664,232 a change of -12.74%
15/04/2026 FTSE Closed at 10559 points. Change of -0.47%. Total value traded through LSE was: £ 7,040,462,072 a change of 0%
14/04/2026 FTSE Closed at 10609 points. Change of 0.26%. Total value traded through LSE was: £ 0 a change of -100%
13/04/2026 FTSE Closed at 10582 points. Change of -0.17%. Total value traded through LSE was: £ 6,248,149,769 a change of -33.03%
10/04/2026 FTSE Closed at 10600 points. Change of -0.03%. Total value traded through LSE was: £ 9,329,891,860 a change of 42.46%
9/04/2026 FTSE Closed at 10603 points. Change of -0.05%. Total value traded through LSE was: £ 6,549,262,704 a change of -39.09%
8/04/2026 FTSE Closed at 10608 points. Change of -100%. Total value traded through LSE was: £ 10,752,106,847 a change of 0%

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.

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

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.

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.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:GENL Genel** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:OXIG Oxford Instruments** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Avacta, Genel, IQE, ITM Power, Intertek, Oxford Instruments, S4 Capital, Scottish Mortgage Investment Trust,


LSE:AVCT Avacta. Close Mid-Price: 75.5 Percentage Change: + 2.03% Day High: 78 Day Low: 73.75

Target met. Continued trades against AVCT with a mid-price ABOVE 78 shoul ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***


LSE:GENL Genel. Close Mid-Price: 53 Percentage Change: + 3.52% Day High: 53.4 Day Low: 50.9

Continued weakness against GENL taking the price below 50.9 calculates as ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***


LSE:IQE IQE. Close Mid-Price: 58.6 Percentage Change: + 8.52% Day High: 60.6 Day Low: 52.2

Further movement against IQE ABOVE 60.6 should improve acceleration towar ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:ITM ITM Power Close Mid-Price: 93.85 Percentage Change: -1.78% Day High: 98.8 Day Low: 93.85

All ITM Power needs are mid-price trades ABOVE 98.8 to improve accelerati ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:ITRK Intertek. Close Mid-Price: 4755 Percentage Change: + 8.98% Day High: 4958 Day Low: 4356

Target met. Further movement against Intertek ABOVE 4958 should improve a ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***


LSE:OXIG Oxford Instruments. Close Mid-Price: 2812 Percentage Change: + 2.48% Day High: 2826 Day Low: 2750

Continued trades against OXIG with a mid-price ABOVE 2826 should improve ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***


LSE:SFOR S4 Capital. Close Mid-Price: 38.75 Percentage Change: + 0.26% Day High: 40 Day Low: 37.4

All S4 Capital needs are mid-price trades ABOVE 40 to improve acceleratio ……..

Subscribe for more

</p

View Previous S4 Capital & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1435 Percentage Change: + 1.09% Day High: 1445.5 Day Low: 1425.5

All Scottish Mortgage Investment Trust needs are mid-price trades ABOVE 1 ……..

Subscribe for more

</p

View Previous Scottish Mortgage Investment Trust & Big Picture ***


*** End of “Updated Today” comments on shares