TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, January 8, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback.
^UUP^
Most Oversold
The following ETFs are the most oversold for Friday, January 8, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback.
^XLK^
^SMH^
^UDN^
^IYW^
^FXE^
Oversold ETF of the Day – Technology Select Sector SPDRS ETF – XLK