ETF Trading – FXI, SPY, SSO
Ok – FXI closed lower yesterday, so we took our first long position in the etf. Should FXI close lower today, consider taking a second position; otherwise, take your trading gains on the exit signals.
With such a large sell-off yesterday, many new trading signals fired! Today, we’ll focus on SPY. Take your first long position should SPY close lower today.
You could also trade SSO. SSO seeks daily investment results, before fees and expenses, that correspond to twice the daily performance of the S&P 500 index. Please trade responsibly!



These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.
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Nice call on the FXI. Almost 2% overnight.
Maybe you should send a copy of the book to Madoff in prison.
Inside the cover you could write:
“Bernie, you didn’t have to cheat! All you had to do was read this book ! Best Regards, Seth.”
Yes, not bad for a day-trade!
I’m sure Bernie’s got a stack of mail from “upset clients” to keep him busy for the rest of his life!