TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, January 13, 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^
^FXP^
^QID^
^EEV^
^TWM^
^DUG^
^SRS^
^TLT^
^SKF^
^SMN^
^SH^
^SDS^
^DZZ^
Overbought ETF of the Day – ProShares UltraShort FTSE/Xinhua China 25 ETF – FXP
Most Oversold
The following ETFs are the most oversold for Wednesday, January 13, 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^
^DBC^
^DBA^
^GSG^
^RJI^
^RJA^
^IYZ^
^OIL^
^XLY^
^USO^
^IEO^
^RTH^
^EWC^
^XOP^
^FXI^
^EWW^
^XLK^
^IWO^
^SMH^
^ILF^
^XRT^
^IYW^
^IWP^
^DBB^
^QLD^
Oversold ETF of the Day – PowerShares DB Commodity Index Tracking ETF – DBC
