TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, December 4, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
ProShares UltraShort Financials ETF
(
SKF |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Oil & Gas ETF
(
DUG |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Dow 30 ETF
(
DXD |
Quote |
Chart |
News |
PowerRating)
ProShares Short Dow 30 ETF
(
DOG |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort S&P 500 ETF
(
SDS |
Quote |
Chart |
News |
PowerRating)
Overbought ETF of the Day – ProShares UltraShort Financials ETF – SKF
Most Oversold
The following ETFs are the most oversold for Friday, December 4, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
iShares Barclays TIPS Bond ETF
(
TIP |
Quote |
Chart |
News |
PowerRating)
Vanguard Total Bond Market ETF
(
BND |
Quote |
Chart |
News |
PowerRating)
Regional Bank HOLDRS ETF
(
RKH |
Quote |
Chart |
News |
PowerRating)
Oil Service HOLDRS ETF
(
OIH |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Financial Services Index Fund ETF
(
IYG |
Quote |
Chart |
News |
PowerRating)
Financial Select Sector SPDRS ETF
(
XLF |
Quote |
Chart |
News |
PowerRating)
iShares Goldman Sachs Natural Resources Index Fund ETF
(
IGE |
Quote |
Chart |
News |
PowerRating)
Energy Select Sector SPDRS ETF
(
XLE |
Quote |
Chart |
News |
PowerRating)
iShares Barclays Aggregate Bond Index ETF
(
AGG |
Quote |
Chart |
News |
PowerRating)
ProShares Ultra Financials ETF
(
UYG |
Quote |
Chart |
News |
PowerRating)
Vanguard Financial ETF
(
VFH |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Broker-Dealers Index Fund ETF
(
IAI |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Financial Sector Index Fund ETF
(
IYF |
Quote |
Chart |
News |
PowerRating)
KBW Bank SPDRS ETF
(
KBE |
Quote |
Chart |
News |
PowerRating)
Vanguard Energy ETF
(
VDE |
Quote |
Chart |
News |
PowerRating)
KBW Insurance SPDRS ETF
(
KIE |
Quote |
Chart |
News |
PowerRating)
ProShares Ultra Oil & Gas ETF
(
DIG |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Home Construction Index Fund ETF
(
ITB |
Quote |
Chart |
News |
PowerRating)
iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund ETF
(
IEO |
Quote |
Chart |
News |
PowerRating)
S&P Oil & Gas Exploration & Production SPDRS ETF
(
XOP |
Quote |
Chart |
News |
PowerRating)
ELEMENTS / Rogers International Commodity Index – Agirculture Total Return ETN
(
RJA |
Quote |
Chart |
News |
PowerRating)
iPath S&P Goldman Sachs Crude Oil Trust Index ETN
(
OIL |
Quote |
Chart |
News |
PowerRating)
iShares MSCI South Africa Index Fund ETF
(
EZA |
Quote |
Chart |
News |
PowerRating)
United States Oil Fund ETF
(
USO |
Quote |
Chart |
News |
PowerRating)
S&P Retail SPDRS ETF
(
XRT |
Quote |
Chart |
News |
PowerRating)
Oversold ETF of the Day – iShares Barclays TIPS Bond ETF – TIP