TradingMarkets Most Overbought and Oversold ETFs for Monday

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

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

EWM

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