TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, February 12, 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!
^FXI^
^GSG^
^PBW^
^DBA^
^USO^
^OIL^
^IAI^
^SLV^
^VEA^
^RJA^
^IEV^
Overbought ETF of the Day – iShares FTSE/Xinhua China 25 ETF – FXI
Most Oversold
The following ETFs are the most oversold for Friday, February 12, 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!
^TIP^
^BND^
^JNK^
^AGG^
Oversold ETF of the Day – Vanguard Total Bond Market ETF – BND
