01/05 – ETF Trading – No Trades Today

Good morning. The market snapped back yesterday, denying us the opportunity to buy our etf watch list candidates.

With the major indices moving back into overbought territory, we’ll wait for another stock market pull-back to trigger new etf trading signals. Notice the high RSI(2) value, as shown in the chart of SPY.

All of the signals and etf trading strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The book is now available at a really great price with the release of the paperback edition! Get your copy today and be ready for the next trading session.

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