23/1/2019 Bist 30 close to target and position closed/ EUR position increased.

Global Markets recovered as almost never seen before.  Turkish stock market joined the party and had a run close to the target.

Position in BIST 30 is closed and shifted 15.000 TL to Monthly interest account #1 and 14.247,53 TL is allocated to EUR. 

Below are the weekly charts:

   First target for the USD/ TL is around 5.8-5,85. There was a spike near the target but sold off when trading was not possible so no profit was taken.

First target for the EUR/ TL is around 6,7-6,75.

Position will be increased around 110.000 in BIST 30. 

First target for the GAU/TRY is around 240-245.

 

To summarize; Fund return is better than USD/TRY and EUR/TRY Return again. Also better than, Interest Return and BIST30 return, and lower than GOLD/TRY return since inception.

3/1/2019 Position Update- BIST 30 position opened

Global Markets sold off sharply since last update. Turkish stock market is close to significant lows. Namely trading around 200 week MA.

Position in Monthly interest account #1 is closed and 17.390,098 TL is allocated to BIST 30. Also EUR/TL position is reduced by 8.362,51 TL and allocated also to BIST 30.

Below are the weekly charts:

   First target for the USD/ TL is around 5.8-5,85.

First target for the EUR/ TL is around 6,7-6,75.

Position will be increase around 100.000 in BIST 30. Initial targer is around 130.000.

First target for theGAU/TRY is around 240-245.

 

To summarize; Fund return is better than Interest Return and BIST30 return, close to USD/TRY, EUR/TRY  and lower than GOLD/TRY return since inception.

Below is the summary: