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.

Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

• 07/07 - ETF Trading - XLU, SDP The S&P Utilities Sector ETF closed higher Friday yesterday, generating an etf shorting opportunity. Consider taking a short position in XLU should the etf close higher today. If you're unable to short XLU, consider taking the inverse etf - SDP. However, follow the etf trading signals for XLU. SDP is......
• 12/23 - ETF Trading - FXI Good morning. The main stock market indices moved higher yesterday, but not FXI, as it retreated just a bit. We're patiently 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. While we're waiting for FXI......
• 01/07 - ETF Trading - Why Trade ETFs? No trades today. The broader market remains overbought - see the high RSI(2) value on the chart for SPY below. Some of the sector indices are starting to turn over. However, we'll wait for a stock market pull-back to trigger our etf trading signals. Why trade etfs? John Nyaradi, in......

• Online Stock Trading Online stock trading is among the many revolutionary changes brought about by the advent of the Internet. The stock market has now become a place where every common man can play a part, once it was only preserved for rich. With the help of internet client-server technology, investors can trade......
• Choosing the Right Types of Investments If you have a regular, traditional type of pension plan, then your employer is responsible for making all of your investment decisions in your place. With most other types of retirement plans that are out there, however, you are the one that is in the driver's seat. Some people believe......
• Dividend Investment Portfolio December 2011 Update If you follow my blog you may remember that my original Perpetual Income Machine eventually morphed into my dividend investment portfolio.  Now every couple months I update those specific stocks which are on my "watch list" for the following months to come. While the stocks I am purchasing change......