12/7 – ETF Trading – EWC, USO, UCO

Good morning. Futures are down this morning, suggesting a market pull-back, and ideal for our etf trading set-ups.

Put EWC and USO on your watch list. Take an initial position should these etfs move lower today. For a leveraged trade on USO, consider UCO. All trades are at the market close.

iShares MSCI Canada Index Fund – EWC – seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Canadian market, as measured by the MSCI Canada Index (the Index).

United States Oil Fund, LP – USO – is a domestic exchange traded security designed to track the movements of light, sweet crude oil (West Texas Intermediate).

ProShares Ultra DJ-UBS Crude Oil – UCO – seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Dow Jones—UBS Crude Oil Sub-Index SM.

Join me every day as I offer new etf trading ideas for you to follow.

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