TradingMarkets Most Overbought and Oversold ETFs for Friday

  • June 18, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Friday, June 19, 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 pre-order.

ProShares UltraShort Oil & Gas ETF
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DUG |
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News |
PowerRating)

ProShares UltraShort MSCI Emerging Markets ETF
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EEV |
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News |
PowerRating)

ProShares UltraShort FTSE/Xinhua China 25 ETF
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FXP |
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PowerRating)

Pharmaceutical HOLDRs
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PPH |
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PowerRating)

SPDR Lehman 1-3 Month T-Bill ETF
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BIL |
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PowerRating)

SPDR S&P Biotechnology ETF
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XBI |
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PowerRating)

Utilities Select Sector SPDR ETF
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XLU |
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PowerRating)

DB Gold Double Short ETN
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DZZ |
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ProShares UltraShort Basic Materials ETF
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SMN |
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United States Oil Fund ETF
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USO |
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PowerRating)

iPath S&P Goldman Sachs Crude Oil Total Return ETN
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OIL |
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PowerRating)

Overbought ETF Chart of the Day – Utilities Select Sector SPDRS – XLU

XLU Chart

Most Oversold

The following ETFs are the most oversold for Friday, June 19, 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 pre-order.

Market Vectors Russia ETF
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RSX |
Quote |
Chart |
News |
PowerRating)

PowerShares Preferred Portfolio ETF
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PGX |
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News |
PowerRating)

iShares MSCI Taiwan Index ETF
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EWT |
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News |
PowerRating)

SPDR S&P Oil & Gas Exploration & Production ETF
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XOP |
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News |
PowerRating)

iShares MSCI South Africa Index ETF
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EZA |
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PowerRating)

iShares MSCI Singapore Index ETF
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EWS |
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PowerRating)

SPDR S&P BRIC 40 ETF
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BIK |
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News |
PowerRating)

iShares S&P Global Energy Sector Index ETF
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IXC |
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News |
PowerRating)

ProShares Ultra Oil & Gas ETF
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DIG |
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News |
PowerRating)

iPath MSCI India Index ETN
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INP |
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News |
PowerRating)

PowerShares Golden Dragon Halter USX China Portfolio ETF
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PGJ |
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News |
PowerRating)

iShares Goldman Sachs Natural Resources Index ETF
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IGE |
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News |
PowerRating)

Vanguard Energy ETF
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VDE |
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News |
PowerRating)

iShares Dow Jones U.S. Oil & Gas Exploration & Production Index ETF
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IEO |
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PowerRating)

WisdomTree India Earnings ETF
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EPI |
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PowerRating)

Energy Select Sector SPDR ETF
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XLE |
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PowerRating)

Oil Service HOLDRS
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OIH |
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PowerRating)

>Market Vectors Coal ETF
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KOL |
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News |
PowerRating)

iShares Dow Jones U.S. Energy Index ETF
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IYE |
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PowerRating)

Claymore Bny BRIC ETF
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EEB |
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News |
PowerRating)

iShares Dow Jones U.S. Oil Equipment and Services Index ETF
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IEZ |
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News |
PowerRating)

iShares MSCI Emerging Markets Index ETF
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EEM |
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News |
PowerRating)

Vanguard Emerging Markets ETF
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VWO |
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PowerRating)

iShares MSCI Brazil Index ETF
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EWZ |
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News |
PowerRating)

iShares S&P Latin America 50 ETF
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ILF |
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News |
PowerRating)

Oversold ETF Chart of the Day – Vanguard Emerging Markets ETF – VWO

VWO Chart

In High Probability ETF Trading you can learn strategies to enhance your ETF trading. Trading overbought and oversold markets is just one quantifiable strategy for trading ETFs — click here to learn more.