TradingMarkets Most Overbought and Oversold ETFs for Monday
Most Overbought
The following ETFs are the most overbought for Monday, August 17, 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 1-3 Year Treasury Bond ETF
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iShares Barclays 7-10 Year Treasury Bond ETF
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iShares Barclays 20+ Year Treasury Bond ETF
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ProShares UltraShort FTSE/Xinhua China 25 ETF
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iShares Barclays Short Treasury Bond ETF
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SPDR Lehman 1-3 Month T-Bill ETF
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ProShares UltraShort Russell 2000 ETF
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ProShares UltraShort Real Estate ETF
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Overbought ETF Chart of the Day – iShares Barclays 20+ Year Treasury Bond ETF – TLT
Most Oversold
The following ETFs are the most oversold for Monday, August 17, 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 iBoxx High Yield Corporate Bond ETF
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PowerShares Golden Dragon Halter USX China Portfolio ETF
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PowerShares Wilderhill Clean Energy Porfolio
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SPDR S&P Retail ETF
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United States Oil Fund ETF
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iPath S&P Goldman Sachs Crude Oil Trust Index ETN
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PowerShares DB Agriculture ETF
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PowerShares DB Oil ETF
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iShares FTSE / Xinhua China 25 ETF
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iPath Dow Jones AIG Commodity Index Total Return ETN
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DJP |
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ELEMENTS / Rogers International Commodity Index Total Return ETN
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iShares S&P GSCI Commodity Indexed Trust ETF
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iShares Nasdaq Biotechnology Index ETF
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SPDR S&P Hombuilders ETF
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PowerShares DB Commodity index Tracking ETF
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Consumer Discretionary Select Sector SPDRS
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PowerShares Water Resource Portfolio ETF
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iShares Dow Jones U.S. Telecommunications Sector Index ETF
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IYZ |
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iShares S&P Small Cap 600 / Barra Value Index ETF
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IJS |
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iShares S&P Small Cap 600 / Barra Growth Index ETF
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IJT |
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iShares MSCI Malaysia Index ETF
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EWM |
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Oversold ETF of the Day – PowerShares Golden Dragon Halter USX China Portfolio ETF – PGJ
Larry Connors will be conducting a 2 1/2 day High Probability ETF Trading Seminar beginning August 14. If you’d like to attend a free online presentation explaining the concepts of High Probability ETF Trading and introducing the 2 1/2 day Seminar coming in early August, please call 1-888-484-8220 ext. 1 or click here to register today.
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