Oct 14 close Sign in

Trend following · daily rule · Industrials & materials

Holy Grail on WSP Global

What the play says

Out since Aug 7, 2025at C$272.05WSP since then −40.6%

Latest reading: ADX 29.49

Next move

No single daily close can flip this call, not even one as low as C$40.41 or as high as C$646.56. It needs a strong trend (ADX above 30) and a pullback to the 20-day EMA first, then a close above the pullback day's high.

Next check: the Oct 15, 2026 close

See every reason, for and against, in the Theory tester

WSP with the play, last two years

WSP20-day EMAStop (pullback-day low)Target (prior swing high)Play inPlay out

Shading shows the play's call from the close that triggered it.

ADX (14)

ADX

Dashed line at 30.

Growth of C$10,000 since 2014

Holy GrailBuy & hold

Log scale. After trading costs, with T-bill interest while out.

The record

The play against buying and holding WSP over exactly the same dates, after costs.

Play, since 2014Hold, since 2014Play, 5 yrsHold, 5 yrs
Annual return+2.2%+14.8%+2.0%+0.5%
Total return+31%+457%+10%+3%
Worst drawdown−10.9%−44.5%−7.5%−44.5%
Volatility3.9%24.6%4.9%25.0%
Sharpe ratio0.070.60−0.34−0.01
Time invested4%100%
Switches per year3.00

Every call, graded

Right on 14 of 38 closed calls (37%). In calls averaged +0.3%; out calls saw WSP move +12.7% on average.

CalledCallPriceUntilWSP movedResult
Aug 7, 2025OUTC$272.05now−40.6%open
Jul 24, 2025INC$283.87Aug 7, 2025−4.2%✕ wrong
Jul 14, 2025OUTC$282.46Jul 24, 2025+0.5%✕ wrong
Jun 12, 2025INC$272.11Jul 14, 2025+3.8%✓ right
Nov 8, 2024OUTC$238.08Jun 12, 2025+14.3%✕ wrong
Nov 1, 2024INC$247.47Nov 8, 2024−3.8%✕ wrong
Feb 15, 2024OUTC$202.72Nov 1, 2024+22.1%✕ wrong
Feb 14, 2024INC$199.71Feb 15, 2024+1.5%✓ right
Mar 7, 2023OUTC$171.44Feb 14, 2024+16.5%✕ wrong
Feb 24, 2023INC$168.13Mar 7, 2023+2.0%✓ right
Feb 21, 2023OUTC$164.08Feb 24, 2023+2.5%✕ wrong
Feb 13, 2023INC$167.29Feb 21, 2023−1.9%✕ wrong

An in call is right when the price rose before the next call; an out call is right when it fell. The latest 12 of 39 calls shown.

How the play works

  1. In when, within 5 days of a pullback day, a close tops that day's high while ADX (14) is still above 30. A pullback day has ADX above 30, +DI above −DI, and a low at or below the 20-day EMA.
  2. Out on a close below the pullback day's low (the stop), or at or above the highest high of the 20 days before the pullback (the target).

ADX measures trend strength, and +DI above −DI says the trend is up. Descriptions of the setup ask for ADX above 30 with rising prices; reading that as +DI above −DI is Be The Puck's choice.

The 5-day entry window and the 20-day high used as the target are Be The Puck's choices. Neither number is published.

A 20-day exponential average, as most descriptions of Street Smarts use. Some write-ups use a simple one.

Raschke enters on a buy-stop during the day. Be The Puck waits for a close above the pullback day's high; that close may come on a day that also dips to the average. A close already at the target counts as no trade.

Be The Puck sells the whole position at the target.

Where the rules come from

The case against

Valeriy Zakamulin tested moving-average timing on up to 155 years of U.S. stock data and found no statistically significant edge in the second half of that record. The rules earned their keep in a few severe bear markets and lagged buy and hold for long stretches in between.

Read the skeptic's scoreboard

Free account

Know the moment the light flips on your stocks.

Follow your stocks and get an email with the analysis the evening a light flips. Member tools are free until January 1, 2027.