09/16 – ETF Trading – IWM, TWM

We’re patiently waiting for our etf exit signals to trigger. IWM closed a bit higher yesterday. Be patient, dear trader. This etf trade has been exceptionally long.

Our exit signals are triggered when the closing price for IWM is lower than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is less than 30. We’re using the latter signal.

Exit the trade in TWM on the signals for IWM.

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

Learn more about short etf trading strategies in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have just a few simple rules and you’ll be able to back-test and apply the strategies to the next trading day. Get your copy today and be ready for the next trading session.

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