TradingMarkets Most Overbought and Oversold ETFs for Monday

  • April 1, 2010
  • David Penn

Most Overbought

The following ETFs are the most overbought for Monday, April 5, 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!

^FXE^
^UNG^

Overbought ETF of the Day – CurrencyShares Euro Trust ETF – FXE

FXE Chart

Most Oversold

The following ETFs are the most oversold for Monday, April 5, 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!

^PGX^
^PFF^
^HYG^
^JNK^
^UUP^

^LQD^
^BND^
^IYW^
^RWR^

Oversold ETF of the Day – iShares iBoxx High Yield Corporate Bond ETF – HYG

HYG Chart

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