TradingMarkets Most Overbought and Oversold ETFs for Thursday

  • November 11, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Thursday, November 12, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

iShares Barclays 7-10 Year Treasury Bond Fund ETF
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IEF |
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PowerRating)

iShares Barclays 20+ Year Treasury Bond Fund ETF
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TLT |
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PowerRating)

Overbought ETF of the Day – iShares Barclays 20+ Year Treasury Bond Fund ETF – TLT

TLT chart

Most Oversold

The following ETFs are the most oversold for Thursday, November 12, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

iShares MSCI Japan Index Fund ETF
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EWJ |
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Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares MSCI Japan Index Fund ETF – EWJ

EWJ chart

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