TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, September 8, 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.

There are no overbought ETFs in our database.

Overbought ETF Chart of the Day – None

Most Oversold

The following ETFs are the most oversold for Tuesday, September 8, 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.

iPath Dow Jones – AIG Commodity Index Total Return ETN
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PowerShares DB Commodity Index Tracking ETF
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DBC |
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PowerShares DB Oil Fund
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ELEMENTS Linked to Rogers International Commodity Index Total Return ETN
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iShares MSCI Japan Index ETF
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Oversold ETF of the Day – iShares MSCI Japan index ETF – EWJ

EWJ

Join Larry Connors live, Tuesday, September 8 at 2 pm for a special presentation for our upcoming Swing Trading College. The Swing Trading College remains our number one, most popular course and this is the seventh time we’ve offered it. The class runs 14 weeks and covers short term trading of stocks, ETFs (3 weeks of ETFs), options, E-minis and building a full trading plan – along with 4 weeks of live trading.

In this class Larry will be also introducing for the first time a new high probability stock trading strategy, along with trading additional strategies to trade ETFs including Leveraged ETFs.

If you’d like to attend the presentation, you can register here.