TradingMarkets Most Overbought and Oversold ETFs for Monday
Most Overbought
The following ETFs are the most overbought for Monday, March 15, 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^
^FXE^
^DZZ^
^TLT^
Overbought ETF of the Day – PowerShares Wilderhill Clean Energy Portfolio ETF – PBW
Most Oversold
The following ETFs are the most oversold for Monday, March 15, 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^
^UUP^
^GLD^
^DGP^
^RJI^
^DBC^
^GSG^
^ITB^
^OIL^
^XLU^
^USO^
^GDX^
^FXI^
Oversold ETF of the Day – PowerShares DB U.S. Dollar Bullish Index ETF – UUP
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