TradingMarkets Most Overbought and Oversold ETFs for Friday

Most Overbought

The following ETFs are the most overbought for Friday, March 26, 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!

^FXP^
^DUG^
^EEV^
^SMN^

Overbought ETF of the Day – ProShares UltraShort FTSE/Xinhua China 25 ETF – FXP

FXP

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Most Oversold

The following ETFs are the most oversold for Friday, March 26, 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!

^OIH^
^AGG^
^BND^
^LQD^
^TIP^

^XLE^
^DIG^
^IGE^
^IEO^
^XLU^

^XOP^
^EWH^
^PFF^
^EWZ^
^DVY^

^KOL^
^EEB^
^IEV^
^USO^
^OIL^

^IYZ^
^EFA^
^EWS^
^EWU^
^VEU^

Oversold ETF of the Day – Oil Service HOLDRS ETF – OIH

OIH

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