Author: T&T Staff

#Gold #SP500 Our Golden Retriever finally managed to figure out what she wants to be when she grows up. A career as a sheepdog awaits. This epiphany came about when a dozen sheep escaped their enclosure, stampeding through the field and finding themselves facing a single obstacle at the start of the lane which leads to the main road. It was my elderly dog, her age making her completely unable to make a run for it. Instead, she stoically faced the gang of sheep, all of whom came to a skidding halt, a serious stare-off developing. My girl, her legs doubtless sore from standing still, decided to sit down while maintaining eye contact. This proved too much for some of the pack, the sheep fragmenting back into the field where the shepherd was inventing profanities while shouting at the flock. She’d been using her dog to tackle another couple of the fluffy nightmares which were dangerously close to the river.

My dog decided to lie down, watching the shepherd (and her sheepdog) guide the enter pack of sheep into another enclosure, and was clearly pleased she’d successfully stood her ground against a mob of brainless runaways. When the shepherd awarded her with a “Good Girl” headrub, my golden girl had a distinct swagger as we walked to our parked car. Who knows, maybe it wasn’t all an accident but I did discover what my dog wants to be.

The subject of a few emails, Bunzl is a little bit harder to define, using some exquisite concoctions of language to conceal their pretty boring core business. The extract below from their “About Us” section of the website explains things clearly but only if you work for Bunzl and know what they actually do.

They sell janitorial equipment, cardboard boxes, and other stuff…And with some disappointing results from North America, are credited with being afraid of “Trump Tariffs” affecting their bottom line in the US.

At present, this is not a happy share price, a strong suggestion of movement below 2,000p provoking reversal down to an initial 1,641 and perhaps a bounce. Or perhaps not as our secondary, if the initial breaks, works out at 1,407p and the risk of a price being trapped in purgatory until such time there’s a material change with the company fortunes.

If happier times are ahead, above 2,112 has the potential to trigger gains in the direction of 2,206 with our secondary, if beaten, at 2,278p. This would emplace the share in an apparent cycle to an eventual 2,454p and a period of potential hesitation. We are not optimistic for their future.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:39:23PM	BRENT	6609.6
11:44:32PM	GOLD	4745.57	4405	4376	3968	4690	4811	4953	5137	4660
11:50:01PM	FTSE	10344									Success
11:31:16PM	STOX50	6028.5									Success
11:33:26PM	GERMANY	24876									Success
11:36:34PM	US500	6989.6	6888	6839	6786	6920	6999	7029	7092	6949	‘cess
11:42:03PM	DOW	49418									Success
11:46:04PM	NASDAQ	25855.8

 

2/02/2026 FTSE Closed at 10341 points. Change of 1.15%. Total value traded through LSE was: £ 9,149,750,720 a change of 23.3%

30/01/2026 FTSE Closed at 10223 points. Change of 0.51%. Total value traded through LSE was: £ 7,420,952,174 a change of -6.19%

29/01/2026 FTSE Closed at 10171 points. Change of 0.17%. Total value traded through LSE was: £ 7,910,853,503 a change of 7.47%

28/01/2026 FTSE Closed at 10154 points. Change of -0.52%. Total value traded through LSE was: £ 7,361,268,388 a change of 11.9%

27/01/2026 FTSE Closed at 10207 points. Change of 0.58%. Total value traded through LSE was: £ 6,578,616,321 a change of 11.32%

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

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…

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:SAGA SAGA Plc** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **

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Updated charts published on : Barclays, Fresnillo, HSBC, Lloyds Grp., National Glib, Natwest, SAGA Plc, Scottish Mortgage Investment Trust, Standard Chartered, Vodafone,

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LSE:BARC Barclays. Close Mid-Price: 499.55 Percentage Change: + 2.75% Day High: 498.7 Day Low: 479.8

Further movement against Barclays ABOVE 498.7 should improve acceleration ……..

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LSE:FRES Fresnillo Close Mid-Price: 3668 Percentage Change: -0.92% Day High: 3760 Day Low: 3344

Target met. Weakness on Fresnillo below 3344 will invariably lead to 3267 ……..

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LSE:HSBA HSBC. Close Mid-Price: 1305 Percentage Change: + 1.52% Day High: 1303 Day Low: 1259.8

Target met. All HSBC needs are mid-price trades ABOVE 1303 to improve acc ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 111.45 Percentage Change: + 2.29% Day High: 111.2 Day Low: 106.7

Target met. All Lloyds Grp. needs are mid-price trades ABOVE 111.2 to imp ……..

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LSE:NG. National Glib. Close Mid-Price: 1240.5 Percentage Change: + 0.49% Day High: 1255.5 Day Low: 1237

Target met. In the event of National Glib enjoying further trades beyond ……..

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LSE:NWG Natwest. Close Mid-Price: 684 Percentage Change: + 2.83% Day High: 682.2 Day Low: 656.2

Continued trades against NWG with a mid-price ABOVE 682.2 should improve ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 550 Percentage Change: + 5.77% Day High: 549 Day Low: 512

Target met. Continued trades against SAGA with a mid-price ABOVE 549 shou ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1267 Percentage Change: + 0.92% Day High: 1276 Day Low: 1228.5

Target met. In the event of Scottish Mortgage Investment Trust enjoying f ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1906 Percentage Change: + 2.36% Day High: 1901 Day Low: 1829

Target met. In the event of Standard Chartered enjoying further trades be ……..

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LSE:VOD Vodafone. Close Mid-Price: 109.25 Percentage Change: + 1.72% Day High: 109.2 Day Low: 107.85

All Vodafone needs are mid-price trades ABOVE 109.2 to improve accelerati ……..

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

#Brent #WallSt Three weeks ago, we presented an amazingly accurate article about Barclays. Unfortunately, it was only amazing to ourselves as absolutely none of the predictions triggered, Barclays share price remaining delicately below our 493p trigger level as the value virtually flatlined for three weeks. Perhaps the UK central bank shall provide excuse for movement this Thursday but we’re starting to have doubts, due to the recent damaging lack of movement from the US Fed Reserve. Traditionally, the Bank of England embraces any excuse to avoid doing anything to benefit the country, unquestioned by complicit UK politicians.

If we were to bundle together our favourite hobbyhorses, Interest Rate manipulation would be high, closely followed by political incompetence. Though perhaps the weather here in Argyll deserves a serious rank, if only due to the absolute inability of ANY forecasting service to guess what’s really going to happen. All it ever does is rain a lot, except when it is freezing. And sometimes, it’s rather windy too.

However, it’s worth – we think – paying attention to a pretty strong signal exhibited by Barclays, shown on the zoomed in chart extract below. Last year in October, the market opted to Gap Barclays share price above a Blue downtrend. This line from 2007 clearly has inherited some gravitas, the market not only moving the share price above the trend but giving it a little kiss to “back-test the trend” a month later. Quite why this ritual was completed utterly defeats us, especially due to our solid belief Barclays share price now needs close below 389p, the level of trend break, to deserve any real excuse for panic.

It is now the case where, from a Big Picture perspective, we can ask Barclays to trade above 505p to trigger happy days coming, currently calculating with the potential of gains to an initial 537p with our secondary, if beaten, at 599p and some potential hesitation. But overall, share price closure above 505p shall permit us to dream of a future 692p as exerting as much influence as Epstein’s emails are sprinkling across the moral compass of some of the rich and famous.

Should things intend go a little bit wrong, below 468 suggests imminent reversals to an initial 452p with our secondary, if broken, at 441p and a potential bounce.

In the case of Barclays, we suspect our reversal scenario shall be favoured.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:38:34PM	BRENT	6975.1	6611	6502	6319	6750	6858	6966	7327	6763
10:41:27PM	GOLD	4777
10:43:37PM	FTSE	10214
10:48:20PM	STOX50	5921.1
10:50:40PM	GERMANY	24471.3
10:55:40PM	US500	6923	6892	6868	6836	6920	6964	6972	6999	6914
10:58:52PM	DOW	48854.5
11:02:17PM	NASDAQ	25421.6
11:04:59PM	JAPAN	53307

 

30/01/2026 FTSE Closed at 10223 points. Change of 0.51%. Total value traded through LSE was: £ 7,420,952,174 a change of -6.19%

29/01/2026 FTSE Closed at 10171 points. Change of 0.17%. Total value traded through LSE was: £ 7,910,853,503 a change of 7.47%

28/01/2026 FTSE Closed at 10154 points. Change of -0.52%. Total value traded through LSE was: £ 7,361,268,388 a change of 11.9%

27/01/2026 FTSE Closed at 10207 points. Change of 0.58%. Total value traded through LSE was: £ 6,578,616,321 a change of 11.32%

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%

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…

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

Click Epic to jump to share: LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:SAGA SAGA Plc** **

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Updated charts published on : Centrica, ECO (Atlantic) O & G, Fresnillo, ITM Power, Lloyds Grp., National Glib, SAGA Plc,

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LSE:CNA Centrica. Close Mid-Price: 190.95 Percentage Change: + 0.77% Day High: 192.6 Day Low: 189.2

In the event of Centrica enjoying further trades beyond 192.6, the share ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 36.6 Percentage Change: -1.08% Day High: 38.75 Day Low: 37

Continued trades against ECO with a mid-price ABOVE 38.75 should improve ……..

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LSE:FRES Fresnillo Close Mid-Price: 3702 Percentage Change: -5.08% Day High: 3794 Day Low: 3582

If Fresnillo experiences continued weakness below 3582, it will invariabl ……..

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LSE:ITM ITM Power Close Mid-Price: 62.3 Percentage Change: -1.11% Day High: 65.5 Day Low: 60.4

Weakness on ITM Power below 60.4 will invariably lead to 55 with our seco ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 108.95 Percentage Change: + 3.32% Day High: 108.7 Day Low: 105.7

Continued trades against LLOY with a mid-price ABOVE 108.7 should improve ……..

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LSE:NG. National Glib. Close Mid-Price: 1234.5 Percentage Change: + 0.37% Day High: 1240 Day Low: 1223

Target met. All National Glib needs are mid-price trades ABOVE 1240 to im ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 520 Percentage Change: + 4.00% Day High: 524 Day Low: 496.5

Target met. In the event of SAGA Plc enjoying further trades beyond 524, ……..

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

#FTSE #GOLD We’re at a peculiar time of year we like, from a chart perspective. One of the more comfortable ways of viewing price movements is in minute-by-minute mode with such precise data generally available for almost 3 months. Don’t get us wrong, the most important indicator is almost always the Closing Price for a session but it’s handy to zoom in and view the minutiae of the last 80 days of price twitches, sometimes an intraday wobble giving a clear idea the market may have a cunning plan. Just not one it intends enact on that particular day. Thursday provided one such example of collywobbles, the FTSE managing to wander up to 10,277 before data from the USA was used to create what we suspect was an artificial fall. The elegance with which the minute-by-minute chart cuddled the immediate Red uptrend for the final 30 minutes of the UK market made us wonder.

Logically, below 10,154 expected a drizzle down to a tame 10,145 points, a potential short lived bounce, then further traffic down to a hopeful bottom at 10,102 points. In terms of points collected, it’s not the most spectacular of scenario but a stop can be emplaced around 10,173 points.

Unfortunately. the FTSE also has a solid argument favouring upward pressure, thanks to the shambolic Covid-19 drop back in March 2000. Allegedly, the Covid drop damage has not yet been undone, the FTSE needing exceed 10,394 points before recovery becomes official and the UK market can be seen to be following actual growth, rather than recovery from “actual manipulation” as we still regard the Covid drop to be entirely false. But Wall Street undid the Covid damage in 2024 when it exceeded 40k points. The period since has seen the US index grow by over 20%. The Nasdaq undid the Covid damage during 2020, reaching 12k points and is now more than double the level. Similarly, the S&P unwound itself from Covid by the end of 2021, exceeding 4,500 points and now flirts with the 7k level.

What this means is we shall not be inclined to regard the FTSE reaching 10,394 as potentially hitting a reversal point. Quite the opposite, thanks to the behaviour of other international indices.

At this point in time, we shall regard movement above 10,228 as potentially triggering gains to an initial 10,323 points with our secondary, if beaten, at a longer term 10,419 points. This secondary ambition, by exceeding our “Covid Undone” target level, shall suggest the FTSE intends to finally join respectable markets.

Maybe next week, on 5th February, the BoE shall do something ethical again with UK interest rates, justifying the FTSE making another upward surge.

Have a good weekend, hopefully drier and warmer than it looks like here in Argyll.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:41:24PM	BRENT	6952.1	6769	6691		6881	7058	7149		6659	Success
10:44:48PM	GOLD	5376.96	5164	5087		5315	5600	5754		5473	Success
10:58:57PM	FTSE	10207.3	10154	10103		10204	10259	10289		10222	‘cess
11:12:53PM	STOX50	5933.8	5878	5826		5935	5972	6010		5940	‘cess
11:16:19PM	GERMANY	24440.5	24260	24215		24474	24640	24798		24505	Success
11:19:17PM	US500	6947.6	6871	6840		6942	6975	7011		6933	Success
11:24:55PM	DOW	48921.5	48592	48511		48908	49140	49317		48990	‘cess
11:28:34PM	NASDAQ	25841.7	25631	25502		25774	26107	26381		25958	Success
11:33:57PM	JAPAN	53231	53000	52694		53196	53558	54027		53218	Success

 

29/01/2026 FTSE Closed at 10171 points. Change of 0.17%. Total value traded through LSE was: £ 7,910,853,503 a change of 7.47%

28/01/2026 FTSE Closed at 10154 points. Change of -0.52%. Total value traded through LSE was: £ 7,361,268,388 a change of 11.9%

27/01/2026 FTSE Closed at 10207 points. Change of 0.58%. Total value traded through LSE was: £ 6,578,616,321 a change of 11.32%

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%

21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%

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…

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

Click Epic to jump to share: LSE:AAL Anglo American** **LSE:BME B & M** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:QED Quadrise** **LSE:SAGA SAGA Plc** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAR Star Energy** **LSE:VOD Vodafone** **

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Updated charts published on : Anglo American, B & M, Centrica, ECO (Atlantic) O & G, Experian, Glencore Xstra, HSBC, IG Group, Lloyds Grp., National Glib, Quadrise, SAGA Plc, Scottish Mortgage Investment Trust, Star Energy, Vodafone,

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LSE:AAL Anglo American. Close Mid-Price: 3500 Percentage Change: + 0.69% Day High: 3662 Day Low: 3473

Target met. Further movement against Anglo American ABOVE 3662 should imp ……..

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LSE:BME B & M. Close Mid-Price: 177.9 Percentage Change: + 1.02% Day High: 179.1 Day Low: 174.4

In the event of B & M enjoying further trades beyond 179.1, the share sho ……..

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LSE:CNA Centrica Close Mid-Price: 189.5 Percentage Change: -0.76% Day High: 191.85 Day Low: 189.1

Further movement against Centrica ABOVE 191.85 should improve acceleratio ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 37 Percentage Change: + 14.20% Day High: 37.5 Day Low: 32

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 37. ……..

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LSE:EXPN Experian Close Mid-Price: 2695 Percentage Change: -0.88% Day High: 2734 Day Low: 2663

In the event Experian experiences weakness below 2663 it calculates with ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 507.9 Percentage Change: + 0.42% Day High: 533.7 Day Low: 504.5

Target met. Continued trades against GLEN with a mid-price ABOVE 533.7 sh ……..

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LSE:HSBA HSBC. Close Mid-Price: 1270 Percentage Change: + 0.91% Day High: 1286.2 Day Low: 1262.6

In the event of HSBC enjoying further trades beyond 1286.2, the share sho ……..

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LSE:IGG IG Group Close Mid-Price: 1349 Percentage Change: -1.68% Day High: 1381 Day Low: 1345

In the event of IG Group enjoying further trades beyond 1381, the share s ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 105.45 Percentage Change: + 0.91% Day High: 107.1 Day Low: 103.35

Target met. Further movement against Lloyds Grp. ABOVE 107.1 should impro ……..

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LSE:NG. National Glib Close Mid-Price: 1230 Percentage Change: -0.04% Day High: 1237.5 Day Low: 1215

Continued trades against NG. with a mid-price ABOVE 1237.5 should improve ……..

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LSE:QED Quadrise Close Mid-Price: 2.18 Percentage Change: -7.63% Day High: 2.22 Day Low: 2.1

Target met. Weakness on Quadrise below 2.1 will invariably lead to 2p wit ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 500 Percentage Change: + 15.21% Day High: 503 Day Low: 450

Target met. Further movement against SAGA Plc ABOVE 503 should improve ac ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1240 Percentage Change: + 0.36% Day High: 1263 Day Low: 1237.5

Further movement against Scottish Mortgage Investment Trust ABOVE 1263 sh ……..

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LSE:STAR Star Energy. Close Mid-Price: 10.5 Percentage Change: + 10.53% Day High: 10.5 Day Low: 9.49

Target met. All Star Energy needs are mid-price trades ABOVE 10.5 to impr ……..

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LSE:VOD Vodafone. Close Mid-Price: 106.4 Percentage Change: + 0.09% Day High: 107.65 Day Low: 105.95

Target met. In the event of Vodafone enjoying further trades beyond 108p, ……..

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

#STOXX #NASDAQ A recent Appeal Court judgement, from memory something to do with the usually poisonous issue of transgender rights, proved “interesting”. The lengthy written judgement, designed to expand upon the judges decision and provide clarity, became an issue. The initial written judgement, it was decided, needed clarification as it cited as “case law” previous court cases, ones where the decision was completely contrary to that claimed in the “written judgement”.  It was quickly “leaked” the judgement had been written by AI and the software was experiencing issues with the nuances of the English language.

In other words, software could not cope with the subtlety of the classic Panda explanation, “Eats, Shoots, & Leaves”. The delicious mental picture of a Panda wandering into an enclosure, gunning down a zoo keeper, eating the body and leaving to catch the Number 9 bus, is at odds with the Panda diet of bamboo shoots and leafs. Legal finesse of the language had confused an AI, pointed in the direction of bodging together a major “Written Justification” in a case where the confusion of gender was already present.

We immediately thought of Relx Plc, their stated aim being the gibberish of;

We utterly distrust the current hype around AI, constantly expecting the bubble of optimism to messily burst, and  were obviously amused at such a major judgement being justified by citing court cases where exactly the opposite had happened.  No matter what, the implications for the legal system were not ideal, especially as so-called “AI” had just revealed its ambitions to be a “text to speech” software design, one which utterly lacked any semblance of intelligence. Unless it believed a mental picture of a Panda toting a Kalashnikov AK47.

 

Relx Plc share price, despite halving in recent months, still does not describe a market which has lost faith (in the false god) of AI. In fact, it’s still quite far from the point where we need fear a stake is being driven through its heart. Currently, below 2674p should trigger reversals to an initial 2382p and a possible bounce. Our secondary, if such a level breaks, calculates fairly close by at 1882p.

This secondary is a major issue. It takes the share price below an uptrend since 2012, exposing the painful reality of a potential future share price collapse to an eventual ridiculous sounding 13p. Which probably would be something of a disappointment to those surfing the AI wave. Unfortunately, there are plenty of shares, where once enthusiastic holders boast “the price was once xyz” with a plaintive note, believing it could head that way again.

At time of writing, Relx Plc share price needs above 3150p to indicate a sharp change in fortunes, giving an initial 3447 with our secondary, if bettered, at 3712p. We’re not optimistic for such an outcome. For now, we’re stuck with the title of a tune by Frankie Goes to Hollywood, quite unfair when applied to a corporate such as Relx Plc…

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:27:13PM	BRENT	6758.7									‘cess
10:28:19PM	GOLD	5415.88
10:31:39PM	FTSE	10159									Success
10:35:43PM	STOX50	5941.2	5920	5880	5826	5950	5973	5989	6012	5934	Success
10:40:31PM	GERMANY	24874									Success
10:43:58PM	US500	6987.3
10:54:01PM	DOW	48974
10:57:20PM	NASDAQ	26138.1	25867	25783	25639	26067	26215	26353	26515	26124	‘cess
10:59:59PM	JAPAN	53729									‘cess

 

28/01/2026 FTSE Closed at 10154 points. Change of -0.52%. Total value traded through LSE was: £ 7,361,268,388 a change of 11.9%

27/01/2026 FTSE Closed at 10207 points. Change of 0.58%. Total value traded through LSE was: £ 6,578,616,321 a change of 11.32%

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%

21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%

20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%

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:AAL Anglo American** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

********

Updated charts published on : Anglo American, Centrica, Experian, Glencore Xstra, IG Group, Lloyds Grp., National Glib, Oxford Instruments, Primary Health, Scottish Mortgage Investment Trust, Spirax, Vodafone,

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LSE:AAL Anglo American. Close Mid-Price: 3476 Percentage Change: + 0.78% Day High: 3553 Day Low: 3446

Target met. Continued trades against AAL with a mid-price ABOVE 3553 shou ……..

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LSE:CNA Centrica. Close Mid-Price: 190.95 Percentage Change: + 1.81% Day High: 190.6 Day Low: 186.7

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LSE:EXPN Experian Close Mid-Price: 2719 Percentage Change: -2.37% Day High: 2791 Day Low: 2720

Target met. If Experian experiences continued weakness below 2720, it wil ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 505.8 Percentage Change: + 0.40% Day High: 510 Day Low: 501.7

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LSE:IGG IG Group. Close Mid-Price: 1372 Percentage Change: + 0.59% Day High: 1371 Day Low: 1359

All IG Group needs are mid-price trades ABOVE 1371 to improve acceleratio ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 104.5 Percentage Change: -0.71% Day High: 105.5 Day Low: 103.85

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LSE:NG. National Glib. Close Mid-Price: 1230.5 Percentage Change: + 0.65% Day High: 1231 Day Low: 1213

Further movement against National Glib ABOVE 1231 should improve accelera ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2540 Percentage Change: + 0.99% Day High: 2570 Day Low: 2510

Target met. Continued trades against OXIG with a mid-price ABOVE 2570 sho ……..

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LSE:PHP Primary Health. Close Mid-Price: 106 Percentage Change: + 0.66% Day High: 106.2 Day Low: 105

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1235.5 Percentage Change: + 2.11% Day High: 1238 Day Low: 1211

Target met. Continued trades against SMT with a mid-price ABOVE 1238 shou ……..

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LSE:SPX Spirax Close Mid-Price: 7330 Percentage Change: -0.81% Day High: 7510 Day Low: 7280

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LSE:VOD Vodafone. Close Mid-Price: 106.3 Percentage Change: + 0.66% Day High: 106.35 Day Low: 104.65

Continued trades against VOD with a mid-price ABOVE 106.35 should improve ……..

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

#GOLD #SP500 Women are funny about Wedding Anniversary’s and my wife is no exception to the rule. But we’ve both been suffering symptoms of an extremely annoying cold for a few weeks and when she exclaimed at lunchtime, “it’s our Wedding Anniversary!”, I felt slightly smug she’d forgotten too. There’s usually a bit of a song and dance in the run up to the date, while we decide which restaurant to visit and what Champagne to buy. This year, we’d both forgotten our ’32nd Year of Misery’ and worse, couldn’t be bothered going through the motions. By mid-afternoon, an excuse was found to visit the local supermarket, buying some expensive Champagne, some bunches of flowers, a big box of Maltesers, and a bottle of Drambuie.  In addition, some Haggis, a turnip and a bag of potatoes was obtained. And on the way home, took our traditional snapshot of some snow capped mountains.

While we both abhor the annual charade of Burns Night on 25th January in Scotland, habitually we do make a traditional Haggis dinner around the date. My job is to slice, boil, and mash the rock solid turnip, my wife does the rest. Dinner is eventually served alongside a couple of Drambuie liqueur coffees and the bottle of Champagne interred on its side on the Champagne rack. We both hate Champagne but somehow or other, indulge in buying a bottle to mark our wedding anniversary. It makes counting the years of marriage quite easy and occasionally provokes interesting discussion on our taste in the product with folks who like Champagne, usually a bit irritated at our attitude to the stuff.

Over dinner, we decided the collection must be approaching a “Drink By” date, so during 2029 we’re going to host a BBQ with “all you can drink” Champagne to celebrate the 35th bottle. It will finally put an end to a silly tradition as we’ve never been asked to officiate over ship launches, the other viable way of ditching the stuff!

Doc Martens Plc appear poised to deliver the sort of kicking to their share price a husband would expect, had he been the only one to forget a 32nd Wedding Anniversary. But in this instance, we think our usual logic may falter and produce a level at which a rebound could be anticipated.

Currently, below 65p risks triggering further reversals to an initial 61p with our secondary, if broken, at 48p and a visual match with the lows of April last year. But there is a big “however” in this scenario as it risks taking their share price below the level of trend break in June 2025, when the share price was 59p. We do set some store with these trend break levels, almost always suggesting closure below a trend break point will always be a bad thing. And in the future, once some amateur drama takes place below a trend break point, if the price closes above that level allows us to indulge in pretty confident recovery ambitions.

Thus, with an argument favouring an initial 61p target, we’d be hoping for a rebound around such a level. While this thought will invariably require some lucky charms, a rebound shall be a reasonable expectation. If such a level breaks, while 48p is almost certain to provide a trampoline level, experience has taught any proper recovery can take an age as the historical trend break level of 61 shall invariably present a glass ceiling against any strong future recovery.

Of course, we can present a converse viewpoint.

Should the share price wander above just 76p, it “risks” triggering movement upward to an initial 89 with our secondary, if beaten, now at 99p. The 99p level is a visual problem, historical the share price proving itself incapable of rising above such a ceiling. However, closure above such a level shall indicate the footwear company deserves a new lease of life.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:32:02PM	BRENT	6670.1									Success
11:39:50PM	GOLD	5224.37	5160	5142	5117	5180	5231	5283	5380	5156	Success
11:44:07PM	FTSE	10198									Success
11:21:28PM	STOX50	5987.2
11:25:16PM	GERMANY	24898.7									‘cess
11:28:01PM	US500	6996.5	6942	6917	6889	6971	6999	7042	7129	6962	‘cess
11:45:45PM	DOW	49015
11:48:48PM	NASDAQ	26069									‘cess
11:53:31PM	JAPAN	53065									‘cess

 

27/01/2026 FTSE Closed at 10207 points. Change of 0.58%. Total value traded through LSE was: £ 6,578,616,321 a change of 11.32%

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%

21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%

20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%

19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%

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:CNA Centrica** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

********

Updated charts published on : British Telecom, Centrica, Experian, Fresnillo, HSBC, ITM Power, Lloyds Grp., National Glib, Oxford Instruments, Spirax,

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LSE:BT.A British Telecom. Close Mid-Price: 187.1 Percentage Change: + 2.35% Day High: 186.6 Day Low: 182.2

Above 196 should now be interesting, allowing for movement to an almost ce ……..

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LSE:CNA Centrica. Close Mid-Price: 187.55 Percentage Change: + 1.60% Day High: 186.75 Day Low: 183.85

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LSE:EXPN Experian Close Mid-Price: 2785 Percentage Change: -5.01% Day High: 2937 Day Low: 2782

Target met. Weakness on Experian below 2782 will invariably lead to 2777p ……..

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LSE:FRES Fresnillo Close Mid-Price: 4140 Percentage Change: -6.92% Day High: 4402 Day Low: 4104

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LSE:HSBA HSBC. Close Mid-Price: 1277.2 Percentage Change: + 2.82% Day High: 1283.4 Day Low: 1258.4

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LSE:ITM ITM Power Close Mid-Price: 67.9 Percentage Change: -0.73% Day High: 68.9 Day Low: 66.6

Below 62 now risks a visit to an initial 55 with our secondary – and a may ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 105.25 Percentage Change: + 2.18% Day High: 105.15 Day Low: 103.3

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LSE:NG. National Glib. Close Mid-Price: 1222.5 Percentage Change: + 1.54% Day High: 1224 Day Low: 1183

Target met. In the event of National Glib enjoying further trades beyond ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2515 Percentage Change: -0.40% Day High: 2535 Day Low: 2490

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LSE:SPX Spirax. Close Mid-Price: 7390 Percentage Change: + 2.43% Day High: 7485 Day Low: 7255

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

#Gold #Nasdaq If you take the price of Gold in US Dollars and divide it with the price of Silver in US Dollars, the resultant number can be currently rounded to 46. Or in plain English, Gold is 46 times the price of Silver which is apparently a little bit dodgy. It’s an interesting ratio, one which we’re not sure is entirely meaningful except in a surprise area. When the ratio wandered off in the opposite direction at various points during the 21st Century (so far), a spike was generally the precursor to some sort of contrived market tumble. When the ration hit 123 in 2020, we were exposed to the manufactured Covid-19 drop or, in 2008, it spiked to 85 before the market crash. Or in 2025, our pretty rubbish Christmas dinner was also prefaced by an upward spike in the Gold/Silver ratio.

While there’s a reasonable attempt to spin some fabric out of this ratio decreasing, we’re not convinced the number provides anything meaningful to keep an eye on. There’s an argument the long term average ratio stands at almost 70 and if this has any validity, it assumes we should anticipate Silver falling back down to the $73 level, always assuming Gold prices stay high. But should Silver fall into a sharp decline, it would certainly make some sense to divide the price of Gold by 70 to give yourself a target number for any short position.

Silver is a problem for us. We cannot calculate potential high targets as it has spiralled above anything logical. If we apply the current ratio to prior upward spikes, using the logic above, the highest the price of Silver should be is $80. Broadly speaking, this matches our own sums, confirming anyone who claims to know “top” for Silver is probably talking out of their hat. We don’t have a clue, it’s outperforming, and we shall only be comfortable once some volatility appears. It is going to be worth remembering Bitcoin etc, the fake currency going higher than any logic allowed. While it has fallen back from above the 120,000 dollar level, it has also FAILED to slump below the prior low of 74k dollars, bobbling around like an inconvenient bit of potato which refused to make its way down the plughole.

In other words, it has become probable Bitcoin has defined a new trading range in the 74 to 120k area and any expectation of reversal to historical 20k levels is liable to be a disappointment!. In the case of Solver, reversal back toward a new “bottom” around $73/ounce shall make some sense.

When we throw our arguments at movements in the last week, we suspect movement below $101 for Silver risks triggering reversal to an initial $97 with our secondary, if broken, at $90 and potential bounce. In this instance, we can give a third level drop target at $80, marginally above our thoughts of a $73 level and thus, an ideal point for some sort of rebound. This would certainly tie in with an expectation for Silver to “do a Bitcoin”, defining a new trading range for itself and avoiding a tumble to lows which would be visually sane.

It’s all a bit weird as Silver isn’t like Gold, far easier to discover. Our own garden waterfall and stream, while being extremely parsimonious with Gold production, produces Silver with ease. Just not in anything approaching commercial quantities. Perhaps if the price of Silver shot up to the price levels achieved by Gold, our waterfall would be commercially viable but, to be fair, many more sources of Silver would suddenly spring into life.

For now, if Silver makes it above $118 per ounce, it will probably go up. As for how high, paying attention to the Entertainment section of the Daily Mirror may give an idea for targets but we can’t.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:50:15PM	BRENT	6483.8
10:56:46PM	GOLD	5010.08	4991	4971	4924	5037	5111	5132	5179	5080	Success
10:59:05PM	FTSE	10149.9
11:01:38PM	STOX50	5957.7
11:04:30PM	GERMANY	24917.7									‘cess
11:07:37PM	US500	6942.9									‘cess
11:12:19PM	DOW	49222
11:19:42PM	NASDAQ	25735.3	25450	25332	25176	25610	25804	25900	26111	25698
11:23:26PM	JAPAN	52607									‘cess

 

26/01/2026 FTSE Closed at 10148 points. Change of 0.05%. Total value traded through LSE was: £ 5,909,471,540 a change of -3.4%

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%

21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%

20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%

19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%

16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%

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:AAL Anglo American** **LSE:BLOE Block Energy PLC** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:QED Quadrise** **LSE:VOD Vodafone** **

********

Updated charts published on : Anglo American, Block Energy PLC, Centrica, Experian, Fresnillo, Glencore Xstra, National Glib, Oxford Instruments, Quadrise, Vodafone,

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LSE:AAL Anglo American. Close Mid-Price: 3448 Percentage Change: + 2.07% Day High: 3484 Day Low: 3378

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LSE:BLOE Block Energy PLC. Close Mid-Price: 1.23 Percentage Change: + 26.29% Day High: 1.4 Day Low: 0.95

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LSE:CNA Centrica. Close Mid-Price: 184.6 Percentage Change: + 0.27% Day High: 186.15 Day Low: 183.3

In the event of Centrica enjoying further trades beyond 186.15, the share ……..

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LSE:EXPN Experian Close Mid-Price: 2932 Percentage Change: -3.20% Day High: 3032 Day Low: 2901

Target met. Continued weakness against EXPN taking the price below 2901 c ……..

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LSE:FRES Fresnillo. Close Mid-Price: 4448 Percentage Change: + 6.72% Day High: 4470 Day Low: 4272

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LSE:GLEN Glencore Xstra Close Mid-Price: 500.1 Percentage Change: -0.18% Day High: 506.7 Day Low: 497.7

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LSE:NG. National Glib. Close Mid-Price: 1204 Percentage Change: + 1.05% Day High: 1211.5 Day Low: 1194.5

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2525 Percentage Change: + 0.80% Day High: 2515 Day Low: 2470

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LSE:QED Quadrise Close Mid-Price: 2.31 Percentage Change: -3.95% Day High: 2.69 Day Low: 2.2

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LSE:VOD Vodafone. Close Mid-Price: 104.55 Percentage Change: + 0.48% Day High: 105.55 Day Low: 103.85

Target met. Further movement against Vodafone ABOVE 105.55 should improve ……..

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

#Brent #Dax It used to be the case, ATM’s were called the “Hole in the Wall” with Natwest, achieving local fame in Ilkeston by installing a hole in the wall beside their hole in the wall, thus allowing users of the Cash Machine to see if anyone was loitering out of sight behind an adjacent wall. It made perfect sense, this quick and simple security measure even turning into a local treasure, even achieving comments on Trip Advisor probably placed by locals who really need to get a life. But for some strange reason, Natwest decided their hole in the wall would be improved with a horizontal steel bar, eight years after the initial installation. The new horizontal bar lasted less than 12 hours before the bank decided to remove it. There is certainly plenty of food for thought here, firstly about the mindset at Natwest who decided the hole needed an obstruction and secondly, who the heck felt it worthwhile creating complaints about a metal bar which accomplished nothing.

We can only assume the folk at Natwest are feeling flush with funds, the company share price “doing okay”, and suddenly corporate feeling they could catch up on long desired projects such as the major installation of a bit of metal, obviously someone’s pet project which had been shelved. Doubtless, another branch of the bank will find itself with a car park, additional paintwork indicating where horses are to be tied up… Who knows.

At the start of the year, we gave some criteria for happy days for the share price, criteria which has been utterly ignored while political drama intruded, giving pretend reasons for stock market hesitation. Did anyone ever believe President Trump would invade Greenland. Even the Greenlanders don’t want to invade the place! But he did wake up Europe with some pretty convincing reasons why closer attention should be paid to the area. We still suspect the island shall end up as US protectorate, finding itself hosting a new port, all weather airport, and several MacDonalds.

Though Natwest ignored our 670p trigger, it remains a viable trigger level which should allow us to demand a festival, due to fireworks pointing at an initial 683p with our secondary, if exceeded, now calculating at a happier 702p. In fact, once the share price closes above 670p, we shall regard a future 786p as exerting an attraction in the long term.

Our alternate scenario, if the share price now stumbles below 644p, a visit to 633p looks possible with our secondary, if broken, at 622p and hopefully a bounce.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
5:50:16PM	BRENT	6534.8	6289	6159	5991	6392	6578	6644	6905	6367
5:54:31PM	GOLD	4985.79
6:12:06PM	FTSE	10148.9
10:36:26PM	STOX50	5945.2
10:38:52PM	GERMANY	24883.9	24783	24737	24668	24850	24944	25192	25473	24844
10:51:14PM	US500	6902.7
10:54:02PM	DOW	49011
10:57:30PM	NASDAQ	25543
10:59:51PM	JAPAN	52764

 

23/01/2026 FTSE Closed at 10143 points. Change of -0.07%. Total value traded through LSE was: £ 6,117,563,035 a change of -17.66%

22/01/2026 FTSE Closed at 10150 points. Change of 0.12%. Total value traded through LSE was: £ 7,429,608,745 a change of -10.7%

21/01/2026 FTSE Closed at 10138 points. Change of 0.12%. Total value traded through LSE was: £ 8,319,716,543 a change of -14.69%

20/01/2026 FTSE Closed at 10126 points. Change of -0.68%. Total value traded through LSE was: £ 9,752,396,465 a change of 107.45%

19/01/2026 FTSE Closed at 10195 points. Change of -0.39%. Total value traded through LSE was: £ 4,701,087,965 a change of -48.92%

16/01/2026 FTSE Closed at 10235 points. Change of -0.03%. Total value traded through LSE was: £ 9,203,782,063 a change of 3.12%

15/01/2026 FTSE Closed at 10238 points. Change of 0.53%. Total value traded through LSE was: £ 8,925,069,676 a change of 39.46%

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…

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

Click Epic to jump to share: LSE:FRES Fresnillo** **LSE:IGG IG Group** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : Fresnillo, IG Group, Oxford Instruments,

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LSE:FRES Fresnillo. Close Mid-Price: 4168 Percentage Change: + 2.06% Day High: 4188 Day Low: 4034

Target met. All Fresnillo needs are mid-price trades ABOVE 4188 to improv ……..

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LSE:IGG IG Group. Close Mid-Price: 1360 Percentage Change: + 0.29% Day High: 1370 Day Low: 1353

Further movement against IG Group ABOVE 1370 should improve acceleration ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2505 Percentage Change: + 0.20% Day High: 2510 Day Low: 2455

Target met. Further movement against Oxford Instruments ABOVE 2510 should ……..

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