The week 29.06. – 02.07.2020

A short but positive week is behind us. Investor concerns about Covid-19 and its aftermath remained. But better than expected labor market data gave investors a positive picture of a better economic outlook, so they invested more money on the stock exchange.
The S & P500 gained about 3.70% last week. All of the other values ​​we observed did the same and ended the week positively.
As usual, ONE SIGNAL correctly assessed the market sentiment and brought a further increase in value of 1.53%.
Of the total of 26 weeks in the first half of the year, ONE SIGNAL closed 20 weeks up. Thus, ONE SIGNAL was 77% correct with the trading signals on a weekly basis.

Leave a Reply

Your email address will not be published. Required fields are marked *