TradingMarkets 7 ETFs You Need to Know for Wednesday

The ^SPY^ lead both the ^DIA^ and the ^QQQQ^ higher on Tuesday. Of those two, the QQQQ remain overbought.

From a sector perspective, buyers were most aggressive in the financial sector, sending the ^FAS^ higher by more than 3%.

Here are 7 ETFs You Need to Know for Wednesday.

Among the top ETF PowerRatings funds for Wednesday are the ^IYR^ and the ^RTH^. IYR broke even on Tuesday after closing lower for two days in a row. For its part, RTH closed lower for five consecutive tradings days.

Also among the highest rated funds going into Wednesday is the ^ICF^. The ETF has closed lower for three out of the past five trading days.

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The most oversold ETF in our database going into Wednesday’s trading? Real-estate and REIT-related exchange-traded funds continue to be among the most oversold, including funds like the ^RWR^.

A number of country-based exchange-traded funds are some of the most overbought ETFs above the 200-day moving average. This includes widely traded funds like the ^EWZ^ and the ^FXI^.

Buyers continue to be aggressive in commodities, sending the ^DBC^ higher for a second consecutive session.

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