TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, February 24, 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!
^EEV^
^DUG^
^QID^
^IEF^
^PSQ^
^DZZ^
^SHY^
^FXP^
^TLT^
^SMN^
^SDS^
^SH^
^DOG^
^DXD^
^MZZ^
Overbought ETF of the Day – ProShares UltraShort MSCI Emerging Markets ETF – EEV
Most Oversold
The following ETFs are the most oversold for Wednesday, February 24, 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!
^EPI^
^INP^
^USD^
^ITB^
^IEO^
^RSX^
^EZA^
^SMH^
^VWO^
^XBI^
^PPH^
^ILF^
^XOP^
^KOL^
^DIG^
^EEM^
^EWU^
^EWC^
^IYE^
^XLE^
^EWZ^
^IGE^
^DJP^
^EEB^
^MOO^
Oversold ETF of the Day – WisdomTree India Earnings Fund ETF – EPI