SPAIN35 Index
SPAIN35 is an Stock Index that keeps track of top 35 stocks in Bolsa de Madrid - Spanish Market Exchange. This Index tracks capitalization of 35 most liquid stocks in Madrid Stock Exchange Market. The components stocks used to calculate this stock index are revised twice a year.
The SPAIN35 Chart
SPAIN35 trading chart is shown & displayed above. On the above example this Index is named SPAIN 35CASH. As a trader you want to find a broker that provides SPAIN35 chart so that you can begin to trade it. The example That is illustrated above is that of SPAIN35 Stock Index on MT4 Forex Software.
Other Information about SPAIN35 Indices
Official Indices Symbol - SPAIN 35:IND
The 35 component stocks that makes up the SPAIN35 Stock Index are selected from top companies in Spain. The 35 stocks make up most of the total trading turnover volume in the Madrid Stock Exchange Market.
Index Trading Strategy for Trading SPAIN35 Index
SPAIN35 Index tracks capitalization of top 35 firms in Spain. This Stock Index in general moves upward over long-term but it is more volatile in its trend movements. When compared to other stock indexes such as EURO STOXX and DAX30 which have lower volatility in their trend movements, this stock index has wider swings in its trend movements.
Over a long period of time this index will in general moves move upward, as a trader you want to be biased & keep buying as the stock index moves upward.
A good index trade strategy would be to keep buying the dips - though as a trader wanting to trade this stock index, be prepared for generally much wider swings when it comes to trading this index.
During Economic Slow-Down & Recession
During economic slow-down and recession times, firms begin to report lower profits & lower growth prospect. It is because of this reason that investors start to sell stocks of companies that are reporting lower profits & hence Indices tracking these specified stocks will also start to move downward.
Therefore, during these times, market trends are likely to be moving downward & you as a trader should also adjust your trading strategy accordingly to suit the prevailing downward trends of the stock index that you're trading.
Contract Specifications
Margin Requirement Per Lot - € 140
Value per Pips - € 1
Note: Even though general trend is generally moves upwards, as a trader you have to consider and factor in daily market volatility, on some of the days the Stock Indices may move in a range or even retrace and pull-back, the market retracement move may also be a significant one at times & therefore as a trader you need to mark-time your trade entry precisely using this trade strategy: Stock strategy & at same the time use proper equity money management guidelines just in case there is more unexpected volatility in the market. About equity money management methods in stock indices tutorials: What's money Stock Index management & indices equity management strategies.
