TradingMarkets Most Overbought and Oversold ETFs for Monday

Most Overbought

The following ETFs are the most overbought for Monday, November 30, 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.

United States Natural Gas Fund ETF
(
UNG |
Quote |
Chart |
News |
PowerRating)

iShares Barclays 20+ Year Treasury Bond Fund ETF
(
TLT |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort Financial ETF
(
SKF |
Quote |
Chart |
News |
PowerRating)

Dow Jones Wilshire REIT SPDR ETF
(
RWM |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort Russell 2000 ETF
(
TWM |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort Real Estate ETF
(
SRS |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort FTSE/Xinhua China 25 ETF
(
FXP |
Quote |
Chart |
News |
PowerRating)

ProShares Short Dow 30 ETF
(
DOG |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort Dow 30 ETF
(
DXD |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort MSCI Emerging Markets ETF
(
EEV |
Quote |
Chart |
News |
PowerRating)

ProShares Short S&P 500 ETF
(
SH |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort MidCap 400 ETF
(
MZZ |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort S&P 500 ETF
(
SDS |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort QQQ ETF
(
QID |
Quote |
Chart |
News |
PowerRating)

ProShares Short QQQ ETF
(
PSQ |
Quote |
Chart |
News |
PowerRating)

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

ProShares UltraShort Basic Materials ETF
(
SMN |
Quote |
Chart |
News |
PowerRating)

Overbought ETF of the Day – ProShares UltraShort Financial ETF – SKF

SKF Chart

Most Oversold

The following ETFs are the most oversold for Monday, November 30, 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 Dow Jones U.S. Broker-Dealer Index Fund ETF
(
IAI |
Quote |
Chart |
News |
PowerRating)

PowerShares Financial Preferred Portfolio ETF
(
PGF |
Quote |
Chart |
News |
PowerRating)

Market Vectors Russia ETF
(
RSX |
Quote |
Chart |
News |
PowerRating)

Vanguard Financials ETF
(
VFH |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Financial Sector Index Fund ETF
(
IYF |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Financial ETF
(
UYG |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Financial Services Index Fund ETF
(
IYG |
Quote |
Chart |
News |
PowerRating)

iShares iBoxx High Yield Corporate Bond ETF
(
HYG |
Quote |
Chart |
News |
PowerRating)

Financial Select Sector SPDR ETF
(
XLF |
Quote |
Chart |
News |
PowerRating)

iShares Russell 2000 Index ETF
(
IWM |
Quote |
Chart |
News |
PowerRating)

Regional Bank HOLDRS ETF
(
RKH |
Quote |
Chart |
News |
PowerRating)

iShares Russell 2000 Value Index ETF
(
IWN |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Russelll 2000 ETF
(
UWM |
Quote |
Chart |
News |
PowerRating)

iShares FTSE/Xinhua China 25 ETF
(
FXI |
Quote |
Chart |
News |
PowerRating)

KBW Bank SPDRS ETF
(
KBE |
Quote |
Chart |
News |
PowerRating)

Dow Jones Wilshire REIT SPDR ETF
(
RWR |
Quote |
Chart |
News |
PowerRating)

iShares S&P Small Cap 600 Index ETF
(
IJR |
Quote |
Chart |
News |
PowerRating)

Vanguard Small Cap Value ETF
(
VBR |
Quote |
Chart |
News |
PowerRating)

iShares Russell 2000 Growth Index ETF
(
IWO |
Quote |
Chart |
News |
PowerRating)

iShares MSCI South Korea Index ETF
(
EWY |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Real Estate ETF
(
URE |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Malaysia Index ETF
(
EWM |
Quote |
Chart |
News |
PowerRating)

KBW Regional Banking SPDRS ETF
(
KRE |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Real Estate Index ETF
(
IYR |
Quote |
Chart |
News |
PowerRating)

Vanguard REIT ETF
(
VNQ |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – Vanguard Financials ETF – VFH

VFH Chart

Improve Your ETF Trading – Get your 7 day free trial to ETF PowerRatings, a simple ETF ranking system with nearly 80% winning trades since 2003…Click Here!