11/24 – ETF Trading – EWH, SPY, SSO
We took our gains yesterday at the market close! What a nice way to kick-off the holiday weekend. We’ll pick-up the etf trading activity again on Monday, November 30th. Have a great Thanksgiving!
EWH gained 1.03% , SPY gained 1.27% , and SSO gained 2.59% as these etfs moved higher than their 5 day moving average and – except for EWH – the RSI(2) moved above 70. Recall that we took our initial positions at the close on Thursday and Friday. You still may be trading EWH to exit on the RSI(2)>70 signal.
Want to learn how to find more winning etf trades like this? Get 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 signals, clear explanations, and years of tested results, there is no better place to start finding new trading edges than in High Probability ETF Trading.



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