TradingMarkets Most Overbought and Oversold ETFs for Monday

Most Overbought

The following ETFs are the most overbought for Monday, June 1, 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 pre-order.

S&P 500 SPDRS ETF
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SPY |
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Consumer Staples Select Sector SPDRS ETF
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XLP |
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Dow Diamonds ETF
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DIA |
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Financial Select Sector SPDRS ETF
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XLF |
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Health Care Select Sector SPDRS ETF
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XLV |
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Industrial Select Sector SPDRS ETF
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XLI |
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iShares Dow Jones U.S. Real Estate Index ETF
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IYR |
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iShares Russell MidCap Value Index ETF
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IWS |
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iShares Russell 1000 Index ETF
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IWB |
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ProShares Ultra MidCap 400 ETF
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MVV |
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iShares Russell 2000 ETF
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IWM |
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iShares S&P 100 Index ETF
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OEF |
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iShares S&P SmallCap 600 Index ETF
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IJR |
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iShares Dow Jones Transportation Average Index ETF
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IYT |
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PowerShares DB Oil Fund
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DBO |
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Rydex 2x S&P 500 ETF
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RSU |
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United States Oil Fund
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USO |
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ProShares Ultra Basic Materials ETF
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UYM |
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ProShares Ultra Financials ETF
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UYG |
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ProShares Ultra Industrials ETF
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UXI |
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ProShares Ultra S&P 500 ETF
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SSO |
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Utilities Select Sector SPDRS ETF
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XLU |
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Vanguard Health Care ETF
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VHT |
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Vanguard Total Stock Market ETF
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VTI |
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iShares Barclays 20+ Year Treasury Bond ETF
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TLT |
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Biotech HOLDRs
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BBH |
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Regional Bank HOLDRs
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RKH |
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PowerShares Water Resource Portfolio
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PHO |
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Vanguard Large Cap ETF
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VV |
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Overbought ETF Chart of the Day – iShares Russell Midcap Value Index ETF -IWS

IWS

Most Oversold

The following ETFs are the most oversold for Monday, June 1, 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 pre-order.

There are no oversold stocks in our database.

Read more about how overbought and oversold ETFs can be quantified. High Probability ETF Trading is a new book that gives investors and traders quantified strategies that have up to a 90% accuracy rate – Click here to learn more..

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