Trading Plan DAX, SP500, EURUSD E GOLD 30th Nov – 4th Dec

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.

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.