TradingMarkets Most Overbought and Oversold ETFs for Friday
Most Overbought
The following ETFs are the most overbought for Friday, February 26, 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^
^IEF^
^TLT^
^DUG^
^EEV^
Overbought ETF of the Day -iShares Barclays 1-3 Year Treasury Bond Fund – SHY
Most Oversold
The following ETFs are the most oversold for Friday, February 26, 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!
^ITB^
^XLB^
^XHB^
^OIH^
^EWT^
^EWY^
^EWA^
^DBB^
^RSX^
^DBC^
^EWU^
^RJI^
^XLU^
^MOO^
^XBI^
^DJP^
^DIG^
^DBO^
^EPP^
Oversold ETF of the Day – iShares Dow Jones U.S. Home Construction Index Fund ETF – ITB