TradingMarkets Most Overbought and Oversold ETFs for Friday

Most Overbought

The following ETFs are the most overbought for Friday, July 31, 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.

SPDR KBW Regional Banking ETF
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KRE |
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SPDR Lehman 1-3 Month T-Bill ETF
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BIL |
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iShares Barclays 20+ Year Treasury Bond ETF
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TLT |
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iShares Barclays 7-10 Year Treasury Bond ETF
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IEF |
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ProShares Ultra Real Estate ETF
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URE |
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PowerShares DB Agriculture ETF
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DBA |
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ELEMENTS / Rogers International Commodity Index Agriculture Total Return ETN
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RJA |
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PowerShares DB U.S. Dollar Index Bullish ETF
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UUP |
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Overbought ETF Chart of the Day – iShares Barclays 20+ Year Treasury Bond ETF – TLT

TLT

Most Oversold

The following ETFs are the most oversold for Friday, July 31, 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.

There are no oversold ETFs in our database for Friday.

Oversold ETF of the Day – None

Larry Connors will be conducting a 2 1/2 day High Probability ETF Trading Seminar beginning August 14. If you’d like to attend a free online presentation explaining the concepts of High Probability ETF Trading and introducing the 2 1/2 day Seminar coming in early August, please call 1-888-484-8220 ext. 1 or click here to register today.

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