TradingMarkets 7 ETFs You Need to Know for Wednesday

Buyers were especially aggressive in the financial sector, sending the ^XLF^ higher by more than 1% and the ^UYG^ up in excess of 2%.

Among the major equity index ETFs, the ^DIA^ representing the Dow industrials struggled to climb into positive territory on the day.

And a special hello to visitors from The Money Blogs! We are re-investing in our flagship website,, which will continue to bring you the information and analysis you need as an active trader.

Here are 7 ETFs You Need to Know for Wednesday.

With markets increasingly overbought, a number of potential trading opportunities are emerging among leveraged ETFs. Earning top leveraged ETF PowerRatings ahead of Wednesday’s trading are the ^ERY^ and the ^DZZ^,

Entering and exiting Tuesday with a leveraged ETF PowerRating of 9 was the ^FAZ^.

Looking for leveraged ETF trading strategies in all the wrong places? Our leveraged ETF PowerRatings are Quantified, Backtested and Free for a Week. Click here to learn more.

The most oversold exchange-traded fund in our database? The ^PFF^ is among those most under selling pressure, with a 2-period RSI of less than 1.0 as of the Tuesday close.

Closing in overbought territory for six out of the past seven days was the ^GLD^, reflecting the significant buying pressure behind gold on Tuesday. By comparison, silver, as represented by the ^SLV^, slid from overbought territory on the day.

Among regular, non-leveraged, exchange-traded funds taking top ETF PowerRatings into trading on Wednesday is the ^PPH^, which earned the biggest PowerRatings upgrade of the day on Tuesday.

Just Released! A collection of the best Stock, ETF, and Leveraged ETF setups in just ONE service. Find the most promising setups – available right now – when you sign up for your free trial to Ultimate PowerRatings.