12/28 – ETF Trading – No Trades Today

Good morning. I hope you had a nice Christmas and holiday break.

The market drifted higher on lower volume last week – typical of holiday trading and a “Santa Claus” rally. However, the major indices remains overbought as shown in the chart of SPY I’ve posted. Notice the high RSI(2) value. We’ll wait for a stock market pull-back to trigger new etf trading signals.

All of the signals and etf trading strategies I use are found in the book by Larry Connors: High Probability ETF Trading. With only a few trading rules, 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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