12/14 – ETF Trading – USO, UCO, FXI

We have full trading positions for USO (and UCO). FXI moved higher on Friday. As such, we did not take a third trading position in FXI.

So, we’ll just exercise some patience as we wait for the market to move higher from here. Futures are pointing higher this morning.

Our exit signals are triggered when the etf price is greater than it’s MA(5), or – for a potentially larger gain – when the RSI(2) is greater than 70. All trades are at the market close. Please trade responsibly!

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