TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • August 4, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Wednesday, August 5, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

SPDR KBW Regional Banking ETF
(
KRE |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – SPDR KBW Regional Banking ETF

KRE Chart

Most Oversold

The following ETFs are the most oversold for Wednesday, August 5, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

iShares Barclays TIPS Bond ETF
(
TIP |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)

iShares Barclays Aggregate Bond ETF
(
AGG |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares Barclays TIPS Bond ETF – TIP

TIP Chart

Larry Connors will be conducting a 2 1/2 day High Probability ETF Trading Seminar beginning August 14. If you’d like to attend a free online presentation explaining the concepts of High Probability ETF Trading and introducing the 2 1/2 day Seminar coming in early August, please call 1-888-484-8220 ext. 1 or click here to register today.

Want updates on our latest articles? Have something to say to David Penn or

the staff at TradingMarkets? Follow David on Twitter at @Penn_TM and TradingMarkets at @Trading_Markets. You can also join the

discussion on Facebook by logging onto our fanpage

.