TradingMarkets Most Overbought and Oversold ETFs for Thursday

Most Overbought

The following ETFs are the most overbought for Thursday, January 14, 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.

^BIL^
^FXP^
^UNG^

Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG

UNG

Most Oversold

The following ETFs are the most oversold for Thursday, January 14, 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.

^OIL^
^USO^
^GSG^
^DBC^
^FXI^

^EWH^
^EWZ^
^EEB^
^PBW^
^EWT^

^RJI^
^RJA^
^LQD^
^JNK^

Oversold ETF of the Day – iPath S&P Goldman Sachs Crude Oil Trust Index ETF – OIL

UNG

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