TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, February 25, 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!
^DZZ^
^SHY^
^IEF^
^TLT^
Overbought ETF of the Day – DB Gold Double Short ETN – DZZ
Most Oversold
The following ETFs are the most oversold for Thursday, February 25, 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!
^IAU^
^GLD^
^DGP^
^ILF^
^EWZ^
^XME^
^XHB^
^XLB^
^ITB^
^OIH^
^SLX^
^IYZ^
^SHV^
Oversold ETF of the Day – iShares COMEX Gold Trust ETF – IAU