01/28 – ETF Trading – EWH, EWZ, SPY, SSO

Just to reiterate, we have a full trading position in EWH and EWZ, and one trading position in SPY and SSO.

Should SPY and/or SSO sell-off strongly and below the price of our initial trade, consider adding a second position. Otherwise, we’re waiting for the markets to advance a bit more. Our exit signals are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain – when the RSI(2) is greater than 70.

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

To learn more about these etf trading strategies, get 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 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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