9/25 – ETF Trading – FXI, EWW, USO, UCO, XLU, UPW

Good morning. Yesterday’s market sell-off gave us the etf buying signals we were looking for!

You should be long in the first position for any of the following etfs that I listed yesterday:

FXI, EWW – Country ETFs

USO, UCO – Commodity ETFs

XLU, UPW – Sector ETFs

Our etf trading strategy is to buy a second position should any of these etfs move lower today. Otherwise, our exit signals are a closing price greater than MA(5) or the RSI(2)>70. It’s your call on which exit signal to use.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. All trades are at the market close.

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

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