TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, January 26, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^RWM^
^TWM^
^DZZ^
^DXD^
^SRS^
^SKF^
^QID^
Overbought ETF of the Day – ProShares Short Russell 2000 Index ETF – RWM
Most Oversold
The following ETFs are the most oversold for Tuesday, January 26, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^PGF^
^PFF^
^GDX^
^EWZ^
^ITB^
^EWW^
^DBA^
^IBB^
^ILF^
^DBB^
^EEB^
^INP^
^IWO^
^SLV^
^IWM^
^ICF^
^SLX^
^VB^
^EWC^
^XLV^
^IJH^
^GLD^
^UWM^
^PHO^
^RJA^
Oversold ETF of the Day – Market Vectors Gold Miners ETF – GDX