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 |
Quote |
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