TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, September 11, 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 ETF
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UNG |
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SPDR KBW Regional Banking ETF
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KRE |
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iShares Barclays 1-3 Year Treasury Bond Fund ETF
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SHY |
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iShares Barclays 7-10 Year Treasury Bond Fund ETF
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IEF |
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iShares Barclays 20+ Year Treasury Bond Fund ETF
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TLT |
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PowerShares DB Agriculture Fund ETF
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DBA |
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ELEMENTS Rogers International Commodity Index – Agriculture Total Return ETN
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RJA |
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Overbought ETF Chart of the Day – United States Natural Gas ETF – KRE
Most Oversold
The following ETFs are the most oversold for Friday, September 11, 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 oversold ETFs in our database
Oversold ETF Chart of the Day – None
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