ETF Trading – USO, UCO, EWT

Oil retreated yesterday, and we took our initial position in USO and/or UCO. Should these etfs close lower today, take a second position. All etf trades are at the market close.

Consider taking a position in EWT should it close lower today. The iShares MSCI Taiwan Index Fund (EWT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Taiwanese market, as measured by the MSCI Taiwan Index.

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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