TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, March 12, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^PBW^
^UDN^
^DZZ^
Overbought ETF of the Day – PowerShares DB U.S. Dollar Index Bearish Fund ETF – UDN
Most Oversold
The following ETFs are the most oversold for Friday, March 12, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^DJP^
^GLD^
^UUP^
^BND^
^DGP^
^MOO^
Oversold ETF of the Day – iPath Dow Jones-AIG Commodity Index Total Return ETN – DJP
