JuniorDepot7a – Selling Silver and Buying DAX ETF

According to our plan, we sold a silver ETC near the upper line of a clearly visible channel. Today we used the DAX correction to re-buy an ETF on it.

As we reported before, silver is currently traded in a clearly visible channel.

So we used this stylized fact to sell our silver-ETC on 01.06.2018




And today we re-bought an DAX-ETF at €109.00

Interestingly, we have (somewhat prematurely) sold it before for the same price.

Current porfolio snapshot is as follows.

Note that we are still impacted by Viacom (and falling USD w.r.t. EUR) but due to excellent Viacom's fundamentals we calmly continue to keep it.

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