TradingMarkets Most Overbought and Oversold ETFs for Friday

Most Overbought

The following ETFs are the most overbought for Friday, December 18, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

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

PowerShares DB U.S. Dollar Index Bullish Fund ETF
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UUP |
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News |
PowerRating)

ProShares Short Dow 30 ETF
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DOG |
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News |
PowerRating)

ProShares UltraShort Dow 30 ETF
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DXD |
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News |
PowerRating)

United States Natural Gas Fund ETF
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UNG |
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News |
PowerRating)

iShares Barclays 20+ Year Treasury Bond Fund ETF
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TLT |
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News |
PowerRating)

iShares Barclays 1-3 Year Treasury Bond Fund ETF
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SHY |
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PowerRating)

iShares Barclays 7-10 Year Treasury Bond Fund ETF
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IEF |
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News |
PowerRating)

ProShares UltraShort MSCI Emerging Markets ETF
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EEV |
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PowerRating)

ProShares UltraShort QQQ ETF
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QID |
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PowerRating)

ProShares Short S&P 500 ETF
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SH |
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PowerRating)

ProShares UltraShort S&P 500 ETF
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SDS |
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PowerRating)

DB Gold Double Short ETN
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DZZ |
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PowerRating)

ProShares UltraShort Financials ETF
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SKF |
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News |
PowerRating)

ProShares UltraShort Basic Materials ETF
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SMN |
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PowerRating)

Overbought ETF of the Day – ProShares Short Dow 30 ETF – DOG

DOG

Most Oversold

The following ETFs are the most oversold for Friday, December 18, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

iShares MSCI Hong Kong Index Fund ETF
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EWH |
Quote |
Chart |
News |
PowerRating)

CurrencyShares Euro Trust ETF
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FXE |
Quote |
Chart |
News |
PowerRating)

iShares FTSE./Xinhua China 25 ETF
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FXI |
Quote |
Chart |
News |
PowerRating)

PowerShares DB U.S. Dollar Bearish Fund ETF
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UDN |
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News |
PowerRating)

iShares MSCI Brazil Index Fund ETF
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EWZ |
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News |
PowerRating)

iShares MSCI South Korea Index Fund ETF
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EWY |
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News |
PowerRating)

CurrencyShares Australian Dollar Trust ETF
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FXA |
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News |
PowerRating)

KBW Bank SPDRS ETF
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KBE |
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News |
PowerRating)

iShares MSCI Pacific ex-Japan Index Fund ETF
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EPP |
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News |
PowerRating)

iShares S&P Latin America 40 ETF
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ILF |
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News |
PowerRating)

Claymore BNY BRIC ETF
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EEB |
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News |
PowerRating)

iShares MSCI Australia Index Fund ETF
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EWA |
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News |
PowerRating)

iShares MSCI Taiwan Index Fund ETF
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EWT |
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News |
PowerRating)

Consumer Staples Select Sector SPDRS ETF
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XLP |
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News |
PowerRating)

WisdomTree India Earnings Fund ETF
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EPI |
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News |
PowerRating)

ProShares Ultra Dow 30 ETF
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DDM |
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News |
PowerRating)

iShares S&P 100 Index Fund ETF
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OEF |
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News |
PowerRating)

Dow DIAMONDS ETF
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DIA |
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News |
PowerRating)

Vanguard Dividend Appreciation ETF
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VIG |
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News |
PowerRating)

iPath MSCI India Index ETN
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INP |
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News |
PowerRating)

Vanguard Emerging Markets ETF
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VWO |
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News |
PowerRating)

iShares MSCI Malaysia Index Fund ETF
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EWM |
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News |
PowerRating)

Retail HOLDRS ETF
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RTH |
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News |
PowerRating)

iShares Nasdaq Biotechnology ETF
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IBB |
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News |
PowerRating)

Pharmaceutical HOLDRS ETF
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PPH |
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News |
PowerRating)

Oversold ETF of the Day – iShares FTSE/Xinhua China 25 ETF – FXI

FXI

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