09/01 – 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. European markets and the futures are up strongly this morning as I write this.

August trading results have been posted and you can review them here.

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

• 02/22 - ETF Trading - No Trades Today The broader stock market is overbought (see the chart of SPY I've posted and notice the high RSI 2 value). We'll patiently wait for a market sell-off to trigger our etf entry signals. We might have a good start today - futures are down this morning. So why not go......
• 12/3 - ETF Trading - No Trades Today This market remains overbought - see the high RSI(2) value on the chart for SPY. We'll wait for a stock market pull-back to trigger some new trading entry signals. All of the signals and strategies I use for etf trading are found in the book by Larry Connors: High Probability......
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