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.

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.

Updated charts:

Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

• 03/03 - ETF Trading - No Trades Today The broader market closed higher yesterday. However, the chart for SPY shows the market is in neutral territory (see the updated chart for SPY below - notice the RSI 2 reading). We'll wait for a market sell-off to trigger some new etf trading signals. Why trade etfs? John Nyaradi, in......
• 03/28 - ETF Trading - No Trades Today We'll make no trades today. The broader market remains in an overbought condition. Notice the high RSI 2 reading for SPY in the updated chart below. So why not go short here? Our rules tell us to short an etf only when the etf price is less than it's 200......
• 03/04 - ETF Trading - No Trades Today We'll make no trades today. With yesterday's strong rally, the broader market moves into an overbought condition. Notice the high RSI 2 reading for SPY in the updated chart below. So why not go short here? Our rules tell us to short an etf only when the etf price is......

• Investing for Recent Graduates The following is a guest post from Brandon Langston of RothIRA.com, a free resource for everything about Roth IRAs and retirement investing. Starting a financially “fit” life after college is a lot like starting an exercise routine to lose weight. You're only going to truly benefit from it if you......
• The Weakening Dollar - II Now we've seen some reasons for the Dollar's continued weakening, how do we profit from this knowledge? Here's a compendium of worthwhile investments that I've been researching. Invest in foreign currencies and foreign bonds If your bank allows you to make foreign currency deposits, that may be the simplest solution.......
• Should you Trade on the Forex Market? This is a guest post by Forex Traders. Before opening a forex account, make sure you understand the risks! The foreign exchange market or forex market can be an interesting way to invest money. Forex Trading occurs when an investor trades currencies from two different countries in the hopes of......