Anyone can trade ETFs with confidence. In today’s update, I’ll show you how I use two different stock ETFs to always find a bullish trend in the markets. This is very helpful if you can only trade long, especially in an IRA.
In this video, I show how I use my Hawkeye software to identify bullish trends, whether the overall markets are going up or down. I perform the analysis on two stock ETFs: TNA (Small Cap Bullish 3x) and TZA (Small Cap Bearish 3x). These are leveraged ETFs, so I only trade these intraday, and never hold overnight.
The idea is to identify the overall market direction. If it is bullish, I trade the TNA; if it is bearish, I trade the TZA. Analysing the price and volume using Hawkeye gives me the confidence I need to take the trades to their logical conclusion.
You too can trade ETFs with confidence if you learn to trade the Hawkeye way.
Join Randy in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.
Learn to trade the Hawkeye way.