TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, April 9, 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!
^PBW^
^TFI^
^TLT^
Overbought ETF of the Day – PowerShares Wilderhill Clean Energy Portfolio ETF – PBW
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Most Oversold
The following ETFs are the most oversold for Friday, April 9, 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!
^PPH^
^XLV^
^EZU^
^EWG^
^VGK^
^EFA^
^IEV^
^PGF^
^DJP^
^SMH^
^XLU^
^USD^
Oversold ETF of the Day – Pharmaceutical HOLDRS ETF – PPH
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