01/25 – ETF Trading – EWH, EWZ, SPY, SSO
With Friday’s market sell-off, we now have 3 trading positions in EWH and and EWZ, and 1 trading position in SPY and/or SSO.
Should the market sell-off today, scale into a second position for SPY and/or SSO. Otherwise, exit these etf trades at the market close when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when it’s RSI(2) is greater than 70.
All trades are at the market close. Please trade responsibly!
All etf trades we follow are based on the etf trading strategies found 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.
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