FTSE for Friday: making sense of FTSE 100 movements
As the UK stock market continues to track both domestic woes and American foreign trade policy, independent analyst Alistair Strang assesses the likely impact on the FTSE 100.
28th March 2025 07:49
by Alistair Strang from Trends and Targets
It’s difficult to know where to start this Friday as the markets are a bit confused. Obviously, US President Trump is being partially blamed for his policy on tariffs.
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The FTSE 100 really hasn’t done anything since the middle of March and it’s currently the case we’re cautious of taking any rise seriously unless the index exceeds 8,684 points, preferably not with a spike in the opening second of trades.
Movement above such a level as 8,684 should trigger fairly unimpressive traffic toward an initial 8,700 points with our secondary, if bettered, a rather more useful 8,769 points. If this scenario kicks off, the tightest stop loss level looks an attractive 8,638 points.
Our alternate scenario, if things decide to go wrong, suggests traffic below 8,610 points could lead to reversals down to an initial 8,564 points with our secondary, if broken, a hopeful bottom of 8,512 points.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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