12/15 – ETF Trading – No Trades Today

Our etf trading signals are in hibernation with the cold weather. We’ll make no trades today.

The broader market closed higher yesterday. The chart for SPY shows just how over-bought the market is (see the updated chart for SPY below – notice the very high RSI(2) reading). We’ll wait for a market sell-off to trigger some new etf trading signals.

Why trade etfs? John Nyaradi, in an article at TradingMarkets.com, shares his 8 Reasons to Trade ETFS and what they can do for your stock trading portfolio. You won’t ever buy another mutual fund!

Learn more about the etf trading strategies used here. You can find them all 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. Available now in either paperback or immediate download, get your copy today and be ready for the next trading session.

Updated chart for SPY:

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