ETF Trading with Larry Connors: Pullback Leads to Oversold Conditions
The short-term pullback that was expected has occurred and the market is now moderately oversold. The 2-period RSI of our Country Fund ETF Universe is at 10.72, and will open in single digits this morning as most of the world sold-off overnight.
The above is from Larry Connors’ Daily Battle Plan.
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Larry Connors is founder and CEO of TradingMarkets.com.