01/15 – ETF Trading – EWH, EWZ
Good morning. Yesterday, EWH moved lower and you took your initial position in the trade.
Should EWH move lower today, take a second position in the trade. Otherwise, our exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70. All trades are at the market close. Please trade responsibly!
Another trade to watch is EWZ. Consider taking an initial position should it close lower today.
EWZ – The investment seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil index.
Join me everyday to follow these etf trading signals. Or get the etf trading book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. Get your copy today and be ready for the next trading session.
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