ETF Trading – XLI, SIJ

Looking at the stock market mid-day, a shorting opportunity arises with XLI. Short a starting position at the market close should the price close higher than yesterday’s close.

One note of caution – don’t short XLI should it close above it’s 200 day moving average.

As an alternative, you can take a position in SIJ should it’s price close lower than yesterday’s closing price. SIJ is an inverse exchange traded fund.

These trades are based on the strategies found in the book by Larry Connors: High Probability ETF Trading.

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