ETF Trading – SLV, EWJ

OK, lets’s get started trading.

Based on the strategies found in High Probability ETF Trading, we have 2 trading candidates today:

  • SLV
  • EWJ

Both stocks are above their 200 day moving average, and with RSI(2) scores below 3, this suggests that these etfs are oversold. Look to enter a position at the market close if these etfs move lower today.

SLV has been down 6 days in a row – odds favor a bounce sometime soon.  Traders of SLV could also trade AGQ.

90713 slv

90713 ewj

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