TradingMarkets Most Overbought and Oversold ETFs for Monday

Most Overbought

The following ETFs are the most overbought for Monday, August 10, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

PowerShares DB U.S. Dollar Index Bullish ETF
(
UUP |
Quote |
Chart |
News |
PowerRating)

DB Gold Double Short ETN
(
DZZ |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort Oil & Gas ETF
(
DUG |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – PowerShares DB U.S. Dollar Index Bullish ETF – UUP

UUP

Most Oversold

The following ETFs are the most oversold for Monday, August 10, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

iShares Barclays Aggregate Bond ETF
(
AGG |
Quote |
Chart |
News |
PowerRating)

Vanguard Total Bond Market ETF
(
BND |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Semiconductor ETF
(
USD |
Quote |
Chart |
News |
PowerRating)

Semiconductor HOLDRS ETF
(
SMH |
Quote |
Chart |
News |
PowerRating)

Rydex CurrencyShares Euro Trust ETF
(
FXE |
Quote |
Chart |
News |
PowerRating)

PowerShares DB U.S. Dollar Bearish Fund ETF
(
UDN |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Telecommunications Sector Index ETF
(
IYZ |
Quote |
Chart |
News |
PowerRating)

iPath MSCI India Index ETN
(
INP |
Quote |
Chart |
News |
PowerRating)

WisdomTree India Earnings ETF
(
EPI |
Quote |
Chart |
News |
PowerRating)

Market Vectors Gold Miners ETF
(
GDX |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Oil & Gas ETF
(
DIG |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Singapore Index ETF
(
EWS |
Quote |
Chart |
News |
PowerRating)

iShares iBoxx Investment Grade Corporate Bond ETF
(
LQD |
Quote |
Chart |
News |
PowerRating)

iShares COMEX Gold Trust ETF
(
IAU |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Canada Index ETF
(
EWC |
Quote |
Chart |
News |
PowerRating)

Oil Services HOLDRS ETF
(
OIH |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Hong Kong Index ETF
(
EWH |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Energy Sector Index ETF
(
IYE |
Quote |
Chart |
News |
PowerRating)

DB Gold Double Long ETN
(
DGP |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Japan Index ETF
(
EWJ |
Quote |
Chart |
News |
PowerRating)

SPDR Gold Trust ETF
(
GLD |
Quote |
Chart |
News |
PowerRating)

Energy Select Sector SPDRS ETF
(
XLE |
Quote |
Chart |
News |
PowerRating)

Market Vectors Agribusiness ETF
(
MOO |
Quote |
Chart |
News |
PowerRating)

iShares S&P GSTI Semiconductor Index ETF
(
IGW |
Quote |
Chart |
News |
PowerRating)

ELEMENTS Linked to Rogers International Commodity Index Total Return
(
RJI |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day: iShares Barclays Aggregate Bond ETF – AGG

AGG

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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