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

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

ITB

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