TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, August 21, 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 20+ Year Treasury Bond ETF
(
TLT |
Quote |
Chart |
News |
PowerRating)
iShares Barclays 7-10 Year Treasury Bond ETF
(
IEF |
Quote |
Chart |
News |
PowerRating)
Overbought ETF Chart of the Day – iShares Barclays 7-10 Year Treasury Bond ETF, IEF
Most Oversold
The following ETFs are the most oversold for Friday, August 21, 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.
PowerShares Financial Preferred Portfolio ETF
(
PGF |
Quote |
Chart |
News |
PowerRating)
PowerShares DB Base Metals ETF
(
DBB |
Quote |
Chart |
News |
PowerRating)
PowerShares Preferred Portfolio ETF
(
PGX |
Quote |
Chart |
News |
PowerRating)
iShares S&P U.S. Preferred Stock Index ETF
(
PFF |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)
Oversold ETF of the Day – PowerShares Financial Preferred Portfolio ETF – PGF
In High Probability ETF Trading you can learn strategies to enhance your ETF trading. Trading overbought and oversold markets is just one quantifiable strategy for trading ETFs — click here to learn more.
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.