TradingMarkets Most Overbought and Oversold ETFs for Monday
Most Overbought
The following ETFs are the most overbought for Monday, January 25, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback.
^SHY^
^DUG^
^SKF^
^DXD^
^SMN^
^SDS^
^SH^
^EEV^
^QID^
^SRS^
^DZZ^
^IEF^
^RWM^
^TWM^
^FXP^
^UNG^
^TLT^
Overbought ETF of the Day – ProShares UltraShort Oil & Gas ETF – DUG
Most Oversold
The following ETFs are the most oversold for Monday, January 25, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!
^PGF^
^HYG^
^EWC^
^EWT^
^IYT^
^PFF^
^JNK^
^GSG^
^RJI^
^EWG^
^DIG^
^IYE^
^IEV^
^KOL^
^XLE^
^IYZ^
^EZU^
^USD^
^OIH^
^SMH^
^DBC^
^PHO^
^EWZ^
^XLF^
^MOO^
Oversold ETF of the Day – iShares iBoxx High Yield Corporate Bond ETF – HYG
