TradingMarkets 7 ETFs You Need to Know for Tuesday
Sectors and country ETFs across the board pressed into overbought territory above the 200-day moving average to start the week. Among the best opportunities for high probability ETF traders are the exceptionally oversold inverse leveraged ETFs trading below the 200-day – a game for advanced traders only.
Here are 7 ETFs You Need to Know for Tuesday
Strength in crude oil sent the United States Oil Fund
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PowerRating) soaring by nearly 2% on Monday. This also meant higher prices for energy ETFs like the ProShares Ultra Oil & Gas ETF
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PowerRating), which more than 5%.
Conversely, the ProShares UltraShort Oil & Gas ETF
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The Market Vectors Russia ETF
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Gains in financial ETFs were limited to the gap up on the open on Monday, with both the Financial Select Sector SPDRS ETF
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The bounce by more than 2% was one of the more impressive gains by a European country ETF. Closing at its highest levels in several days was the iShares MSCI Germany Index ETF
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EWG |
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PowerRating).