TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, December 31, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
^DZZ^
^TLT^
Overbought ETF of the Day – DB Gold Double Short ETN – DZZ
Most Oversold
The following ETFs are the most oversold for Thursday, December 31, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
^EWW^
^GDX^
^SLV^
^XRT^
^RSX^
^IJH^
^PHO^
^IEO^
^IGE^
^EWC^
^XOP^
^EWG^
^EWJ^
^VFH^
^IVE^
^GLD^
^IAU^
^VGK^
^DGP^
^IWS^
^XHB^
^IWD^
^XLY^
^MDY^
Oversold ETF of the Day – iShares MSCI Mexico Index Fund ETF – EWW