04/26 – ETF Trading – EWH

Good morning. EWH moved lower on Friday and you took your second position in the etf trade.

Should EWH  close lower today, take your third position in the trade. Otherwise, our etf 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.

I have no other etf trades to suggest today. The broader market (SPY) has moved to an over-bought position. We’ll wait for a correction to trigger new etf trading signals.

Updated charts posted below. All trades are at the market close. Please trade responsibly!

Join me everyday to follow these 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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