--> Trading Strategies Blog

$EWS was added to the ETF portfolio yesterday, as it triggered the buy entry on a decent pick up in volume. After further analysis, we lowered the stop in $XHB to give the trade some breathing room. We want to avoid getting stopped out on a one or two day shakeout below the rising 10-day MA, so our stop is now below the 20-day EMA, minus some wiggle room. Our stop remains tight in $RWO, due to the lack of extension from the breakout pivot.Our scans have failed to produce much in the way of actionable setups the past two days. As for potential setups that might be a few weeks away from triggering, we have the iShares MSCI Indonesia ($EIDO), which is consolidating in a tight range on the weekly chart after breaking the downtrend line.

Continue Reading...
Follow us on Twitter

Latest Tweets