TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, March 16, 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!
^FXP^
^DUG^
^BIL^
^EEV^
^TLT^
Overbought ETF of the Day – ProShares UltraShort FTSE/Xinhua China 25 ETF – FXP
Most Oversold
The following ETFs are the most oversold for Tuesday, March 16, 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!
^DJP^
^RJI^
^EWT^
^KOL^
^GSG^
^OIL^
^USO^
^DBB^
^EWM^
^XLE^
^DIG^
^ITB^
^EWA^
^EWY^
^EPP^
^IGE^
^IEO^
^EEM^
^USD^
^VWO^
^SMH^
^EPI^
^GDX^
^JNK^
^PGX^
Oversold ETF of the Day – iShares MSCI Taiwan Index Fund ETF – EWT