01/22 – ETF Trading – EWH, EWZ, SPY, SSO

With yesterday’s market sell-off, we now have 3 trading positions in EWH and 2 trading positions in EWZ.

Scale into a third and final position should EWZ move lower today. Exit either trade at the market close when the etf price is greater than the 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!

Put SPY on your etf watch list today. Take an initial trading position should SPY close lower today. For a leveraged trade, consider SSO.

SPY – The investment seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index.

SSO – The investment seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the S&P 500 index.

Have questions about the signals? Learn all the etf trading signals in the 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 signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading.

All trades are at the market close. Please trade responsibly!

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