05/17 – ETF Trading – EWG

EWG closed lower yesterday and you took your first long position in the etf trade. An updated chart is posted below.

As mentioned yesterday, we’ll scale in with up to three 3 positions. So, take a second trading position should EWG close lower today.

Otherwise, our exit signals for EWG are triggered when the etf price is greater than it’s 5 day moving average, or – for a potentially larger gain – when the RSI 2 is greater than 70.

All trades are at the market close. Please trade responsibly.

Join me every day as I offer new etf trading ideas for you to follow.

Updated charts:

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