12/21 – ETF Trading – FXI, SPY

Good morning. Though the main market indices moved higher on Friday, FXI did not. We’re waiting for FXI to move higher from here; our exit signal is triggered when the RSI(2) of the closing price is greater than 70.

SPY was on our watch list Friday; however, our entry signal was not triggered as SPY closed higher on Friday.

While we’re waiting for FXI to move higher, give yourself an early Christmas present and learn about all the etf trading signals used here. All of the etf trading signals and strategies I use are found in the book by Larry Connors: High Probability ETF Trading. The 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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