ETF Trading – USO, UCO

We closed 2 more winning trades on Tuesday!

For USO and UCO, we took our gains at the market close, as the RSI(2)moved above 70. We gained 4.04% on USO and 6.75% on UCO – all in about a week. Recall that last week, traders who exited on the (MA)5 signal made some nice gains, too.

I have no new trades to suggest. With the futures flat this morning, a market pullback today might trigger some buying signals for us.

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 ideas for you to follow.

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