TradingMarkets Most Overbought and Oversold ETFs for Monday
Most Overbought
The following ETFs are the most overbought for Monday, March 29, 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!
^DUG^
^RWM^
^TWM^
Overbought ETF of the Day – ProShares UltraShort Oil & Gas ETF – DUG
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Most Oversold
The following ETFs are the most oversold for Monday, March 29, 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!
^IEO^
^XOP^
^XLE^
^PFF^
^XLV^
^PPH^
^IGE^
^OIL^
^XBI^
^USO^
^PGX^
^DIG^
^EWY^
^KRE^
^OIH^
^IYR^
^IJH^
^IBB^
^DVY^
^IJK^
^IYZ^
^MDY^
^IJS^
^IVW^
^ILF^
Oversold ETF of the Day – iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund ETF – IEO
