ETF Trading – USO, UCO, EWH

A nice 3.73% gain for UCO, if you exited on the (MA)5 signal given on Friday. Otherwise, we’re still in the trade for USO and UCO and we’ll take our gains on the RSI(2)>70 signal. All etf trades are at the market close.

We took an initial position in EWH on Friday. Consider adding to the position should it close lower today.

All of these trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading. Please trade responsibly!

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• 11/17 - ETF Trading - USO, UCO Wow, nice one day gain on USO and UCO. We gained 2.99% on USO and 6.24% on UCO! We took our gains yesterday at the market close as the closing prices for these etfs moved higher than their 5 day moving average and the RSI(2) moved above 70. Recall that......
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