10/05 – ETF Trading – FXI, SPY, SSO

Good morning. We had a great week of winning etf trades last week.

This week, we’re looking to finish strong with FXI. We scaled-in to our third and final position last Thursday at the close. Our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It’s your call on which exit signal to use. All trading is at the market close.

For new etf trading opportunities, put SPY on your watch list today. Take an initial entry position should it close lower today. For those looking for a leveraged etf trade, keep your eye on SSO.

All of these etf trading ideas are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Get your copy and start making your own winning trades.

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

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.

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