01/30 – ETF Trading – EWH, EWZ, SPY, SSO

I don’t normally post on Saturday, but I was away from my computer yesterday. Let me give you an update on where we stand in our trades:

We have full trading positions in EWH and EWZ. We’re just waiting for our exit signals to trigger.

We now have a full etf trading position for SPY and/or SSO. On Thursday, at the market close, you should have added a second trading position to SPY and/or SSO, and yesterday, at the close, you should have added a third trading position.

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!

Join me everyday to follow the etf trading signals. All of the signals and strategies I use for etf trading are 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 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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