TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, January 22, 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.
^SHY^
^DZZ^
^IEF^
^TLT^
^UUP^
^DUG^
^SMN^
^EEV^
^DXD^
^FXP^
^SDS^
^SKF^
^SH^
^SRS^
^RWM^
^TWM^
^QID^
Overbought ETF of the Day – iShares Barclays 7-10 Year Treasury Bond Fund ETF – IEF
Most Oversold
The following ETFs are the most oversold for Friday, January 22, 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!
^PGF^
^HYG^
^EWC^
^GDX^
^UDN^
^PBW^
^EWT^
^JNK^
^EWG^
^KOL^
^EWZ^
^IYT^
^EZU^
^GSG^
^PFF^
^DBC^
^RJI^
^XME^
^EWH^
^IEV^
^EEB^
^DIG^
^GLD^
^DGP^
^ILF^
Oversold ETF of the Day – PowerShares Financial Preferred Portfolio ETF – PGF
