Most Overbought
The following ETFs are the most overbought for Monday, February 8, 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!
^EEV^
^UNG^
^FXP^
^SHY^
^DUG^
^MZZ^
^IEF^
^DOG^
^DXD^
^DZZ^
^SH^
^SDS^
^RWM^
^TLT^
^TWM^
Overbought ETF of the Day – ProShares UltraShort MSCI Emerging Markets ETF – EEV
Most Oversold
The following ETFs are the most oversold for Monday, February 8, 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!
^JNK^
^EWM^
^DBB^
^EWS^
^EWY^
^EPI^
^EEM^
^RSX^
^KOL^
^XLU^
^SCZ^
^VWO^
^OIH^
^PFF^
^INP^
^PGF^
^HYG^
^EWZ^
^PPH^
^IBB^
^ILF^
^LQD^
^VIG^
^PGX^
^DVY^
Oversold ETF of the Day – iShares MSCI Malaysia Index Fund ETF – EWM