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!
Discover the research behind all of these etf trading signals. Get the book by Larry Connors: High Probability ETF Trading. With easy to follow signals, clear explanations, and years of tested results, there is no better place to start finding new etf trading edges than in High Probability ETF Trading – available at Amazon.com or save $10 at TradingMarkets.com. Makes a great gift for Christmas.



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