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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• 05/27 - ETF Trading - IWM, UWM Ok - let's try this again. Stock futures and world markets are moving higher this morning. Perhaps we'll be able to take our etf trading gains today. IWM closed slightly higher yesterday, but not enough to trigger our exit signals; ditto for the leveraged etf trade in UWM. Our exit......
• 10/26 - ETF Trading - EWZ EWZ closed higher yesterday, but not enough to trigger our exit signals. Likewise, we did not take a second short position in the etf trade. An updated chart is posted below. We may take up to a total of 3 trading positions over the next couple of days. To review,......
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