TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, February 11, 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!
^RJA^
^DBA^
^SRS^
^USO^
^OIL^
^DBO^
^DBC^
^GSG^
^FXI^
^EWH^
^IAI^
Overbought ETF of the Day – ELEMENTS/Rogers International Commodity Index – Agriculture Total Return ETN – RJA
Most Oversold
The following ETFs are the most oversold for Thursday, February 11, 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!
^LQD^
^TIP^
^HYG^
^BND^
^JNK^
^AGG^
^URE^
^IYR^
^RWR^
^ICF^
^VNQ^
^PPH^
Oversold ETF of the Day – iShares iBoxx Investment Grade Corporate Bond ETF ^LQD^
