TradingMarkets Most Overbought and Oversold ETFs for Tuesday

  • June 8, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Tuesday, June 9, 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 pre-order.

ProShares Ultra Financials ETF
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UYG |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – ProShares Ultra Financials ETF – UYG

UYGt Chart

Most Oversold

The following ETFs are the most oversold for Tuesday, June 9, 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 pre-order.

iShares iBoxx Investment Grade Corporate Bond ETF
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LQD |
Quote |
Chart |
News |
PowerRating)

CurrencyShares Canadian Dollar Trust
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FXC |
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News |
PowerRating)

CurrencyShares Euro Trust
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FXE |
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PowerRating)

DB Gold Double Long ETN
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DGP |
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News |
PowerRating)

iShares MSCI Emerging Markets ETF
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EEM |
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News |
PowerRating)

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

iShares COMEX Gold Trust
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IAU |
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News |
PowerRating)

iShares MSCI EAFE Index ETF
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EFA |
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News |
PowerRating)

iShares JP Morgan USD Emerging Markets Bond ETF
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EMB |
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News |
PowerRating)

Vanguard Mid-Cap Growth ETF
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VOT |
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News |
PowerRating)

iShares Silver Trust
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SLV |
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PowerRating)

Market Vectors Gold Miners ETF
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GDX |
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PowerRating)

Semiconductor HOLDRS
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SMH |
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News |
PowerRating)

SPDR Gold Shares ETF
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GLD |
Quote |
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News |
PowerRating)

Vanguard European ETF
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VGK |
Quote |
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News |
PowerRating)

Oversold ETF Chart of the Day – iShares MSCI Taiwan Index ETF – EWT

EWT Chart

Read more about how overbought and oversold ETFs can be quantified. High Probability ETF Trading is a new book that gives investors and traders quantified strategies that have up to a 90% accuracy rate – Click here to learn more..

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