TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, January 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.
^SHY^
^IEF^
Overbought ETF of the Day – iShares Barclays 7-10 Year Treasury Bond Fund ETF – IEF
Most Oversold
The following ETFs are the most oversold for Tuesday, January 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.
^IYZ^
^DJP^
Oversold ETF of the Day – iPath Dow Jones-AIG Commodity Index Total Return ETN – DJP
