TradingMarkets Most Overbought and Oversold ETFs for Friday

  • October 8, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Friday, October 9, 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.

United States Natural Gas Fund
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UNG |
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Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – United States Natural Gas Fund – UNG

UNG

Most Oversold

The following ETFs are the most oversold for Friday, October 9, 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.

iShares Nasdaq Biotechnology Index Fund ETF
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IBB |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares Nasdaq Biotechnology Index Fund ETF – IBB

IBB

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