FTSE for Friday: more records for FTSE 100?
After reaching new territory while Wall Street stutters, independent analyst Alistair Strang looks at likely behaviour of the UK index over the coming weeks.
22nd August 2025 07:48
by Alistair Strang from Trends and Targets
With some despair, we now get to enjoy the last Bank Holiday weekend until Christmas, reflecting on just how fast this year has been moving. Suddenly, we’re at a point where it is only 125 days until Christmas 2025, the FTSE 100 having experienced a gain of 13% since the start of this year, and wondering just where all this largesse vanished.
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Last week we speculated on a target of 9,298 points, the FTSE achieving it on Wednesday and even closing Thursday at 9,309 points. Our suspicion is this shall become a flutter level until September kicks off, 9,298 becoming a fictitious point which the market shall flutter above and below until the grown-ups return from their holidays.
However, in a cowardly admission, it’s now the case where above 9,310 risks propelling the UK to 9,350 next, almost certainly a problem level as our secondary is now 9,728 points. This would be once heck of a jump from our 9,350 level.
If things decide to go pear-shaped before September brings the chill wind of winter, below 9,260 risks promoting reversal to an initial 9,206 with our secondary, if broken, at 9,171 points and a return to the price levels at the very start of the holiday season. This would be a complete surprise, again.
Have a good weekend.
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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