TradingMarkets Most Overbought and Oversold ETFs for Monday

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

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

RWM

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