TradingMarkets Most Overbought and Oversold ETFs for Friday

  • March 11, 2010
  • David Penn

Most Overbought

The following ETFs are the most overbought for Friday, March 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!

^PBW^
^UDN^
^DZZ^

Overbought ETF of the Day – PowerShares DB U.S. Dollar Index Bearish Fund ETF – UDN

UDN

Most Oversold

The following ETFs are the most oversold for Friday, March 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!

^DJP^
^GLD^
^UUP^
^BND^
^DGP^

^MOO^

Oversold ETF of the Day – iPath Dow Jones-AIG Commodity Index Total Return ETN – DJP

DJP

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