9/15 – ETF Trading – USO, UCO

It’s September 15 – your estimated taxes are due!

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I know I sound like a broken record, but the major markets remain overbought by our measures. We’re still patiently waiting for a market pull-back to trigger our stock trading entry signals.

Oil moved lower yesterday. Keep USO and UCO on your watch list today. You may take an initial position should it move lower today.

Of course, you can wait to trade the major indices on a stock market correction.

All of the 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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