11/10 – ETF Trading – No Trading Today

Is this a blow-off top or something more? The stock market has certainly become overbought (see the chart of SPY I’ve posted – notice the high RSI(2) value). We’ll just wait and see what the market will do.

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 average. Why is that important? Find out in the article I posted yesterday by David Penn.

Learn all the etf trading rules I use. They’re found in the book by Larry Connors: High Probability ETF Trading. His etf trading strategies have only a few rules and you’ll be able to back-test and apply the strategies to the next trading day. With easy to follow trading strategies, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading. Get your copy today and be ready for the next trading session.

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• 03/30 - 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......
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