08/23 – ETF Trading – No Trades Today

The broader market is in an over-sold condition. Notice the low RSI(2) reading for SPY in the updated chart below.

So why not go long here and make an etf trade? Our rules tell us to trade long only when the etf price is greater than its 200 day moving average – SPY is currently below its 200 day moving average. Why is that important? Read more by author by David Penn.

We’ll patiently wait for a strong stock market rebound to trigger some new short selling etf trading signals.

All of our etf trading signals are found in the book by Larry Connors: High Probability ETF Trading – now at a really great price with the release of the paperback edition! Get your copy today and be ready for the next etf trading session.

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Let Warren Buffett manage your portfolio – AlphaClone

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  • 03/09 - ETF Trading - No Trades Today The broader market remains overbought (see the updated chart for SPY below - notice the 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 trades? It's a......
  • 04/05 - ETF Trading - No Trades Today The broader market is back to a short term over-bought condition. Notice the high RSI(2) reading for SPY - see 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 day moving......
  • 03/29 - ETF Trading - No Trades Today Good morning. It's good to be back! The broader market is working off the over-bought condition of the last couple of weeks. Notice the low RSI(2) reading for SPY - see the updated chart below - though it's not low enough to call for a trade. We want the RSI(2)......
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