TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, January 15, 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.
^FXP^
^EEV^
^SHY^
^IEF^
^TLT^
^SMN^
Overbought ETF of the Day – ProShares UltraShort MSCI Emerging Markets ETF – EEV
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Most Oversold
The following ETFs are the most oversold for Friday, January 15, 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.
^EWZ^
^EWH^
^OIL^
^FXI^
^PBW^
^USO^
^EEB^
^GSG^
^DBC^
^ILF^
^IYZ^
^RJI^
^RJA^
^EEM^
Oversold ETF of the Day -iShares MSCI Brazil Index Fund ETF – EWZ
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