FTSE for Friday: fireworks for FTSE 100 on Independence Day?
It's normally a quiet day on the UK stock exchange whenever America takes a day off. Independent analyst Alistair Strang looks at the odds of some decent moves this time.
4th July 2025 08:07
For the FTSE 100, the UK index is regarded as being in an upward cycle, thought of as just messing around since the start of June while awaiting the correct set of circumstances to head up properly.
- Invest with ii: Open a Stocks & Shares ISA | Top ISA Funds | Transfer your ISA to ii
From a near-term perspective, it appears movements above 8,838 should next trigger gains to a useless 8,849 points with our secondary, if bettered, an ambitious 8,892 points.
If triggered, our suggested stop level is at 8,800 But we suspect it will be worth remembering the US is closed for Independence Day celebrations, with the result any movement above 8,849 risks fizzling out, the market doubtless intending to finish the day flat.
If trouble is expected, below 8,800 risks kicking off reversal to an initial 8,771 with our secondary, if broken, calculating at 8,744.
Our thoughts on the secondary target are doubtful, given an expectation the market shall end the day flat.
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.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.
Editor's Picks