TradingMarkets Most Overbought and Oversold ETFs for Friday

  • June 4, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Friday, June 5, 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.

Financial Select Sector SPDRS ETF
(
XLF |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Real Estate ETF
(
IYR |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra MidCap 400 ETF
(
MVV |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Financials ETF
(
UYG |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Industrials ETF
(
UXI |
Quote |
Chart |
News |
PowerRating)

Regional Bank HOLDRs
(
RKH |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – Financial Select Sector SPDRS ETF – XLF

Most Oversold

The following ETFs are the most oversold for Friday, June 5, 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.

CurrencyShares Japanese Yen Trust
(
FXY |
Quote |
Chart |
News |
PowerRating)

iShares Barclays Aggregate Bond ETF
(
AGG |
Quote |
Chart |
News |
PowerRating)

iShares Barclays TIPS Bond ETF
(
TIP |
Quote |
Chart |
News |
PowerRating)

CurrencyShares British Pound Sterling Trust
(
FXB |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)

Vanguard Short Term Bond ETF
(
BSV |
Quote |
Chart |
News |
PowerRating)

Vanguard Total Bond Market ETF
(
BND |
Quote |
Chart |
News |
PowerRating)

Oversold ETF Chart of the Day – iShares MSCI Taiwan Index ETF – EWT

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.

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