TradingMarkets Most Overbought and Oversold ETFs for Monday

Most Overbought

The following ETFs are the most overbought for Monday, July 20, 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.

ProShares Ultra Oil & Gas ETF
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DIG |
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PowerShares DB Commodity Index Tracking ETF
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DBC |
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iShares S&P GSCI Commodity Indexed Trust ETF
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iPath S&P Goldman Sachs Crude Oil Trust Index ETN
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OIL |
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United States Oil Fund
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United States Natural Gas
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ELEMENTS/Rogers International Commodity Index – Agriculture Total Return ETN
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RJA |
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iShares Dow Jones Select Dividend Index ETF
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DVY |
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Overbought ETF Chart of the Day – PowerShares DB Commodity Index Tracking ETF – DBC

DBC

Most Oversold

The following ETFs are the most oversold for Monday, July 20, 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.

There are no ETFs in our database that fit the criteria.

Oversold ETF of the Day -None

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