TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, March 23, 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^
^DUG^
^DZZ^
^TLT^
^IEF^
Overbought ETF of the Day – ProShares UltraShort Oil & Gas ETF – DUG
Most Oversold
The following ETFs are the most oversold for Tuesday, March 23, 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!
SPDR S&P Oil & Gas Exploration & Production ETF ^XOP^
^IEO^
^OIH^
^SLV^
^XLU^
^XLE^
^DIG^
^KOL^
^GDX^
^RSX^
^GLD^
^IGE^
^DGP^
^EWC^
^DJP^
^EWH^
^DBC^
^EWS^
Oversold ETF of the Day – SSPDR S&P Oil & Gas Exploration & Production ETF – XOP
