Most Overbought
The following ETFs are the most overbought for Friday, February 5, 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!
^SKF^
^DZZ^
^RWM^
^EEV^
^TWM^
^SMN^
^FXP^
^SRS^
^SH^
^SDS^
^DOG^
^MZZ^
^DXD^
^DUG^
^PSQ^
^QID^
^SHY^
^IEF^
Overbought ETF of the Day – ProShares UltraShort Financials ETF – SKF
Most Oversold
The following ETFs are the most oversold for Friday, February 5, 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!
^KRE^
^JNK^
^RKH^
^EWM^
^EWS^
^IYG^
^EWA^
^DBB^
^KOL^
^XLU^
^IYF^
^UYG^
^EWY^
^VWO^
^XLF^
^IJR^
^EPP^
^EPI^
^GLD^
^UWM^
^EEM^
^IWN^
^IAU^
^DGP^
^IYT^
Oversold ETF of the Day – Lehman High Yield Bond SPDRS ETF – JNK