TradingMarkets Most Overbought and Oversold ETFs for Monday
Most Overbought
The following ETFs are the most overbought for Monday, December 21, 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.
ProShares UltraShort FTSE/Xinhua China 25 ETF
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FXP |
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Chart |
News |
PowerRating)
PowerShares DB U.S. Dollar Index Bullish Fund ETF
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UUP |
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Chart |
News |
PowerRating)
United States Natural Gas Fund ETF
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UNG |
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PowerRating)
ProShares UltraShort Dow 30 ETF
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DXD |
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PowerRating)
ProShares UltraShort MSCI Emerging Markets ETF
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EEV |
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PowerRating)
ProShares Short Dow 30 ETF
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DOG |
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ProShares UltraShort Basic Materials ETF
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SMN |
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PowerRating)
Overbought ETF of the Day – PowerShares DB U.S. Dollar Index Bullish Fund – UUP
Most Oversold
The following ETFs are the most oversold for Monday, December 21, 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 MSCI Hong Kong Index Fund ETF
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EWH |
Quote |
Chart |
News |
PowerRating)
iShares FTSE./Xinhua China 25 ETF
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FXI |
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Chart |
News |
PowerRating)
CurrencyShares Euro Trust ETF
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FXE |
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News |
PowerRating)
PowerShares DB U.S. Dollar Bearish Fund ETF
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UDN |
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Chart |
News |
PowerRating)
Consumer Staples Select Sector SPDRS ETF
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XLP |
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News |
PowerRating)
WisdomTree India Earnings Fund ETF
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EPI |
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PowerRating)
iShares S&P Latin America 40 ETF
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ILF |
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PowerRating)
iPath MSCI India Index ETN
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INP |
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PowerRating)
Claymore BNY BRIC ETF
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EEB |
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PowerRating)
Dow DIAMONDS ETF
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DIA |
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PowerRating)
Retail HOLDRS ETF
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RTH |
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PowerRating)
Industrial Select Sector SPDRS ETF
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XLI |
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News |
PowerRating)
iShares MSCI Mexico Index Fund ETF
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EWW |
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News |
PowerRating)
iShares MSCI Sweden Index Fund ETF
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EWD |
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PowerRating)
Utilities Select Sector SPDRS ETF
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XLU |
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News |
PowerRating)
HealthCare Select Sector SPDRS ETF
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XLV |
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News |
PowerRating)
iShares MSCI South Korea Index Fund ETF
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EWY |
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News |
PowerRating)
iShares MSCI Brazil Index Fund ETF
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EWZ |
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PowerRating)
Vanguard FTSE/All World Ex-US ETF
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VEU |
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PowerRating)
Basic Materials Select Sector SDPRS ETF
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XLB |
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PowerRating)
Consumer Discretionary Select Sector SPDRS ETF
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XLY |
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PowerRating)
S&P 500 SPDRS ETF
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SPY |
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PowerRating)
ELEMENTS/ Rogers International Commodity Index – Agriculture Total Return ETN
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RJA |
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News |
PowerRating)
iShares MSCI Taiwan Index Fund ETF
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EWT |
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News |
PowerRating)
iShares MSCI Malaysia Index Fund ETF
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EWM |
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Chart |
News |
PowerRating)
Oversold ETF of the Day – iShares MSCI Hong Kong Index Fund ETF – EWH