TradingMarkets 7 ETFs You Need to Know for Wednesday

Commodities were back in demand after becoming oversold in recent days. Up by more than 1% and back over its 200-day moving average was the ^DBC^.

Semiconductor ETFs like the ^XSD^ and the ^SMH^ were among Tuesday’s bigger gainers. Both ETFs were highlighted in yesterday’s 7 ETFs You Need to Know for Today.

Here are 7 ETFs You Need to Know for Wednesday.

Among the top ETF PowerRatings funds ahead of Wednesday’s trading are the ^ECH^ and the ^BRF^. Both ETFs earned ETF PowerRatings upgrades to 9 late in trading on Tuesday.

The most overbought ETF in our database? With an eye-popping 2-period RSI of 99.99 late in trading on Tuesday, there may be no exchange-traded fund more due for a reversal that the ^SSO^.

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Country ETFs representing Indian stocks were moving sharply higher on Tuesday. The gain of more than 1% in the ^EPI^ was characteristic of similar funds in the group.

Plunging back into oversold territory was the ^SSG^. The fund slid by more than 6% on Tuesday.

Also reversing to move lower into oversold territory – though above the 200-day moving average – was the ^UUP^.

Overbought equities markets have proved no obstacle to higher prices for bond ETFs in recent days. At new short term highs on Tuesday was the ^AGG^.

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