03/29 – ETF Trading – No Trades Today

Good morning. It’s good to be back!

The broader market is working off the over-bought condition of the last couple of weeks. Notice the low RSI(2) reading for SPY – see the updated chart below – though it’s not low enough to call for a trade. We want the RSI(2) to be below 25 before we’ll consider an etf trade.

We’ll wait for a strong stock market sell-off to trigger some new etf trading signals.

What are the etf trading signals? They are found in the book by Larry Connors: High Probability ETF Trading – now at a really great price with the release of the paperback edition! Get your copy today and be ready for the next etf trading session.

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Can’t make a trade? Let Warren Buffett manage your portfolio -  AlphaClone

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