TradingMarkets Most Overbought and Oversold ETFs for Friday

Most Overbought

The following ETFs are the most overbought for Friday, October 23, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

There are no overbought ETFs in our database.

Overbought ETF Chart of the Day – None

Most Oversold

The following ETFs are the most oversold for Friday, October 23, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

Market Vectors Gold Miners ETF
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iPath MSCI India Index ETN
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SPDR S&P Metals & Mining ETF
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iShares MSCI South Korea Index Fund ETF
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iShares Dow Jones U.S. Transportation Average ETF
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iShares Barclays TIPS Bond Fund
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WisdomTree India Earnings Fund ETF
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iShares MSCI Taiwan Index Fund ETF
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iShares S&P U.S. Preferred Stock Index Fund ETF
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Pharmaceutical HOLDRS ETF
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iShares Nasdaq Biotechnology Index Fund ETF
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SPDR S&P Oil & Gas Exploration & Production ETF
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Oversold ETF of the Day – Market Vectors Gold Miners ETF – GDX

GDX

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