TradingMarkets Most Overbought and Oversold ETFs for Monday

• February 26, 2010
• David Penn

Most Overbought

The following ETFs are the most overbought for Monday, March 1, 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^
^IEF^
^TLT^
^UDN^
^FXE^
^FXI^

Overbought ETF of the Day -iShares Barclays 7-10 Treasury Bond Fund – IEF

Most Oversold

The following ETFs are the most oversold for Monday, March 1, 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!

^XLU^
^UUP^
^XLB^
^DVY^

Oversold ETF of the Day – SPDRs Select Sector Utilities ETF – XLU

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