We-Spread SP500 vs DAX
Trading Plan for the week 30th Nov – 4th Dec
We have reached the end of November, which has shown some signs of possible change in market trends. In particular, we saw a weakening of the Nasdaq against SP500 and a strengthening of the DAX against SP500 during the month.
On a monthly level we have a performance of + 14.91% on the DAX, + 10.85% on the Sp500 and + 10.57% on the Nasdaq.
Spread Trading with We-Spread indicator
Considering the week just ended and evaluating an entry on Monday morning at 9:00 the result was:
- BUY of SP500 in profit of +37 points equal to + 1.90%
- DAX SELL loss of -180 points equal to -1.36%
with a net profit of + 0.54%
We believe that following the bearish trend of the spread can still be a profitable choice. In particular, the bullish trend should aim at the return to the high end of the We-Spread.
Trading Room for spread trading
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We-Spread GOLD vs SILVER
Trading Plan for the week 30th Nov – 4th Dec
The Spread curve between GOLD and SILVER according to our We-Spread indicator has been standing on the side for 2 months now. However we made 8 spreads this month brought all profit.
The gold from the beginning of the month loses 4.83% while the silver 3.95%. This shows a strength of silver greater than that of gold.
Our previous study predicted a bearish curve and so we continued to trade GOLD in sell and SILVER in BUY.
Evaluating an entrance on Monday at 9:00 the results were the following:
- GOLD SELL +4.69%
- BUY by SILVER -6.47%
with a net profit of -1.79% or as we traded in adjusted volatility (gold volumes X2) + 2.91%
We believe that following the bearish trend of the spread can still be a profitable choice.