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TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • March 23, 2010
  • David Penn

Most Overbought

The following ETFs are the most overbought for Wednesday, March 24, 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!

^PBW^
^FXI^

Overbought ETF of the Day – – PowerShares Wilderhill Clean Energy Portfolio – PBW

PBW

Most Oversold

The following ETFs are the most oversold for Wednesday, March 24, 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!

^OIH^
^DBC^
^DJP^
^EWT^
^DBB^

^RJI^
^GSG^

Oversold ETF of the Day – Oil Service HOLDRS ETF – OIH

OIH

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