TradingMarkets 7 ETFs You Need to Know for Monday

Health care was the sector experiencing the most significant pullbacks on Friday. This meant lower prices for exchange-traded funds (ETFs) like the ^IYH^ and the ^VHT^.

Still among the more overbought of the major equity index ETFs is the ^IWM^ .

Here are 7 ETFs You Need to Know for Monday

Earning top ETF PowerRatings ahead of trading on Monday is the ^PIN^. PIN earned an ETF PowerRatings upgrade from 5 to 8 late in trading on Friday.

Leveraged funds for traders interested in tracking and trading small caps include the ^UWM^, which is leveraged 2 to 1, and the ^TNA^, which is leveraged 3 to 1.

Looking for leveraged ETF trading strategies in all the wrong places? Leveraged ETF PowerRatings are quantified, backtested and free for a week. Click here to learn more.

Closing for a second day in oversold territory above the 200-day moving average on Friday was the ^UUP^.

Soaring by nearly 2% on Friday after a one-day dip into oversold territory on Thursday was the ^MOO^. MOO was highlighted in yesterday’s TradingMarkets Most Overbought and Oversold ETFs for Friday column.

But despite the dollar’s retreat, many other commodity-related ETFs continued deeper into oversold territory. This includes the ^GDX^ and the very oversold ^GLD^, which has closed in oversold territory for five consecutive trading days.

Just released! Leveraged ETF PowerRatings ranks Leveraged ETFs on a high probability 1-10 ratings scale. Click here to get your free trial now.