TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, August 7, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.
ProShares UltraShort QQQ Trust ETF
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QID |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Oil & Gas ETF
(
DUG |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Russell 2000 ETF
(
TWM |
Quote |
Chart |
News |
PowerRating)
iShares Barclays Short Treasury Bond ETF
(
SHV |
Quote |
Chart |
News |
PowerRating)
SPDR KBW Regional Banking ETF
(
KRE |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort MSCI Emerging Markets ETF
(
EEV |
Quote |
Chart |
News |
PowerRating)
Overbought ETF Chart of the Day – ProShares UltraShort QQQ Trust ETF – QID
Most Oversold
The following ETFs are the most oversold for Friday, August 7, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.
Consumer Staples Select Sector SPDRS ETF
(
XLP |
Quote |
Chart |
News |
PowerRating)
iShares Nasdaq Biotechnology Index ETF
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IBB |
Quote |
Chart |
News |
PowerRating)
Pharmaceutical HOLDRS ETF
(
PPH |
Quote |
Chart |
News |
PowerRating)
ProShares Ultra Semiconductor ETF
(
USD |
Quote |
Chart |
News |
PowerRating)
iShares S&P GSTI Semiconductor Index ETF
(
IGW |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Telecommunications Sector Index ETF
(
IYZ |
Quote |
Chart |
News |
PowerRating)
Health Care Select Sector SPDRS ETF
(
XLV |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)
Semiconductor HOLDRS ETF
(
SMH |
Quote |
Chart |
News |
PowerRating)
iShares iBoxx High Yield Corporate Bond ETF
(
HYG |
Quote |
Chart |
News |
PowerRating)
ProShares Ultra Technology ETF
(
ROM |
Quote |
Chart |
News |
PowerRating)
Technology Select Sector SPDRS ETF
(
XLK |
Quote |
Chart |
News |
PowerRating)
PowerShares Wilderhill Clean Energy Porfolio ETF
(
PBW |
Quote |
Chart |
News |
PowerRating)
PowerShares QQQ Trust ETF
(
QQQQ |
Quote |
Chart |
News |
PowerRating)
iShares Russell 2000 Growth Index ETF
(
IWO |
Quote |
Chart |
News |
PowerRating)
ProShares Ultra QQQ ETF
(
QLD |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Technology Sector Index ETF
(
IYW |
Quote |
Chart |
News |
PowerRating)
Vanguard Growth ETF
(
VUG |
Quote |
Chart |
News |
PowerRating)
iShares S&P 500/Barra Growth Index ETF
(
IVW |
Quote |
Chart |
News |
PowerRating)
Wisdom Tree India Earnings ETF
(
EPI |
Quote |
Chart |
News |
PowerRating)
iShares S&P SmallCap 600/Barra Growth Index ETF
(
IJT |
Quote |
Chart |
News |
PowerRating)
iShares Russell 1000 Growth Index ETF
(
IWF |
Quote |
Chart |
News |
PowerRating)
iShares iBoxx Investment Grade Corporate Bond ETF
(
LQD |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Singapore Index ETF
(
EWS |
Quote |
Chart |
News |
PowerRating)
ELEMENTS Linked to Rogers International Commodity Index – Agricultural Total Return ETN
(
RJA |
Quote |
Chart |
News |
PowerRating)
Oversold ETF of the Day – Consumer Staples Select Sector SPDRS – XLP
Larry Connors will be conducting a 2 1/2 day High Probability ETF Trading Seminar beginning August 14. If you’d like to attend a free online presentation explaining the concepts of High Probability ETF Trading and introducing the 2 1/2 day Seminar coming in early August, please call 1-888-484-8220 ext. 1 or click here to register today.
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