02/02 – ETF Trading – EWH, EWZ, SPY, SSO
Markets closed higher yesterday and triggered our exit signals for EWH and EWZ – unfortunately for us, at a loss.
We still have full trading positions or SPY and/or SSO. Should the market move higher today, we will be able to take our gains!
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. We’ve been using the latter. All trades are at the market close. Please trade responsibly!
Free Report: Get the most popular chapter of Larry Connors’ best selling book High Probability ETF Trading – Chapter 8: An Introduction to TPS – Time, Price, Scale-in. Learn one of the best performing ETF trading strategies available, and used here at ETF-Stock-Trading.com.
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