TradingMarkets Most Overbought and Oversold ETFs for Friday

  • July 9, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Friday, July 10, 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 Russell 2000 ETF
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TWM |
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ProShares Short Russell 2000 ETF
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RWM |
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ProShares UltraShort MidCap 400 ETF
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MZZ |
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ProShares Ultra Short Real Estate ETF
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SRS |
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ProShares UltraShort S&P 500 ETF
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SDS |
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ProShares Short Dow 30 ETF
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DOG |
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ProShares Short S&P 500 ETF
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SH |
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ProShares UltraShort Dow 30 ETF
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DXD |
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DB Gold Double Short ETN
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DZZ |
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Overbought ETF Chart of the Day – ProShares UltraShort Russell 2000 ETF – TWM

TWM Chart

Most Oversold

The following ETFs are the most oversold for Friday, July 10, 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.

iShares Silver Trust ETF
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SLV |
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iShares Russell 2000 Growth Index ETF
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IWO |
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iShares S&P Small Cap 600 Index ETF
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IJR |
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iShares S&P MidCap 400 Index ETF
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IJH |
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SPDRs S&P MidCap Trust Series ETF
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MDY |
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Market Vectors Gold Miners ETF
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GDX |
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Vanguard Large Cap ETF
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VV |
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iShares S&P Small Cap 600/Barra Growth Index ETF
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IJT |
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iShares Rusell 1000 Growth Index ETF
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IWF |
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iShares Barclays TIPS Bond ETF
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TIP |
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Vanguard Total Stock Market ETF
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VTI |
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iShares MSCI Japan Index ETF
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EWJ |
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Market Vectors Russia ETF
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RSX |
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SPDR Gold Miners ETF
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GLD |
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Oversold ETF of the Day – iShares MSCI Japan Index ETF – EWJ

EWJ Chart

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