08/02 – ETF Trading – No Trades Today

Glad to be back from vacation. Let’s get back to etf trading.

The broader market looks to be a bit oversold (see the updated chart for SPY below – notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we’ll patiently wait for a stock market rebound to trigger new short trading etf signals.

Not interested in short trading etfs? Consider trading the inverse and double inverse etfs.

How do we find the etf candidates to trade? It’s a very simple set of rules to follow. Larry Connors details just how easy it is to find high probability etf trading candidates in a bull market. The bear market signals are just as simple.

Discover all of the etf trading strategies used here at ETF Stock Trading in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you can back-test and apply the strategies on the next trading day. Take your ETF trading to the next level in High Probability ETF Trading. This new strategy book, complete with exact trading rules, is backed by over a decade of statistical results.

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.

—–

Can’t make a trade? Let Warren Buffett manage your portfolio – AlphaClone

Blog Traffic Exchange

Related Posts
  • 05/12 - ETF Trading - No Trades Today The broader stock market remains nearly overbought (see the updated chart for SPY below - notice the relatively high RSI(2) reading). As such, I have no etf trading suggestions for today. A stock market pull-back will trigger some new etf trading signals. How do we find the etf candidates to......
  • 06/29 - ETF Trading - No Trades Today Our entry signals for shorting USO yesterday did not trigger. As such, we did not take the trade. The broader market is oversold (see the updated chart for SPY below - notice the low RSI(2) reading). And since the broader market is below its 200 day moving average, we'll patiently......
  • 02/10 - ETF Trading - Rats! Rats! - we should have taken the trade on Monday! Prices for SPY and SSO moved higher yesterday. As such, our entry signal did not trigger and we did not enter the etf trade. Patience, dear Trader - we'll just have to wait for a stock market pull-back to trigger......
Blog Traffic Exchange

Related Websites
  • Day Trading Forex, Futures and Stock Market Invisible Indicators When day trading (or even swing trading or investing) Forex, futures, the stock market or any other market, there are essentially 2 types of indicators or signals you can use: Obvious  Market Signals: These are things that everyone sees. They are very important for you to see for some important......
  • Investing in Online Stock Trading Many people have heard about online stock trading and how some people have earned extra money from it. However, many of you are hesitant in trying it out since you heard of the risks but it is probably due more on the scarcity of information for beginners. Stock trading......
  • The More You Know About Investing, The Less You Know About Investing This is a Guest Post by Rob Bennett who writes the “A Rich Life” blog. He has recorded over 80 podcasts describing how to make the shift from Passive Investing to the new Rational Investing model for understanding how stocks work. A professional baseball player knows more about baseball strategy than......