TradingMarkets Most Overbought and Oversold ETFs for Friday

Most Overbought

The following ETFs are the most overbought for Friday, November 27, 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.

United States Natural Gas Fund ETF
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iShares Barclays 20+ Year Treasury Bond Fund ETF
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Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG

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Most Oversold

The following ETFs are the most oversold for Friday November 27, 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 Dow Jones U.S. Broker-Dealer Index Fund ETF
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Market Vectors Russia ETF
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Oversold ETF of the Day – Market Vectors Russia ETF – RSX

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