05/14 – ETF Trading – No Trades Today

The broader market is now in neutral territory – see the RSI(2) value on the chart for SPY. Nothing we can do – we’ll just patiently wait for a stock market pull-back to trigger our etf trading signals. Europe is down this morning which may trigger some selling here in the US.

Why trade etfs? John Nyaradi, in an article at TradingMarkets.com, shares his 8 Reasons to Trade ETFS and what they can do for your stock trading portfolio. You won’t ever buy another mutual fund!

Learn more about etfs and the etf trading strategies used here. They’re from 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. Available now in paperback or immediate download, get your copy today and be ready for the next trading session. See etf trading results here.

Have a great weekend!

Updated chart for SPY:

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