Most Overbought
The following ETFs are the most overbought for Monday, March 22, 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!
^RWM^
^DUG^
^TWM^
^SMN^
^EEV^
^DZZ^
^FXP^
Overbought ETF of the Day – ProShares Short Russell 2000 ETF – RWM
Most Oversold
The following ETFs are the most oversold for Monday, March 22, 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!
^XHB^
^EWZ^
^XOP^
^IEO^
^EEB^
^OIH^
^MOO^
^SLV^
^EWQ^
^PHO^
^SLX^
^ITB^
^IWO^
^XLE^
^XME^
^DIG^
^IYM^
^IWM^
^UWM^
^KOL^
^VGK^
^IEV^
^IGE^
^VB^
Oversold ETF of the Day – SPDR S&P Homebuilders ETF – XHB