04/21 – ETF Trading – Gains on IYR, URE
I took the gains on IYR and URE. Both closed above their 5 day moving average and just short of the RSI(2) moving above 70. We gained 1.95% on IYR and 4.12% on URE. All in a 3 day trade!
All trades were at the market close. Updated charts are posted below.
Our signal for EWH did not trigger yesterday. As such, we did not enter the trade.
I have no other etf trading opportunities to suggest for today. The broader market is becoming over bought – a stock market pull-back will trigger some new etf trading signals.
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Updated charts:
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