TradingMarkets Most Overbought and Oversold ETFs for Monday

Please know that this is the final edition of TradingMarkets Most Overbought and Oversold ETFs. All our newsletters are being consolidated into a pair of exciting new products, the TradingMarkets High Probability Trading Weekly newsletter and the Ultimate PowerRatings Trading Weekly newsletter.

Most Overbought

The following ETFs are the most overbought for Monday, April 19, 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^
^FXP^
^IEF^
^SRS^
^EEV^

^DZZ^
^SKF^
^TLT^
^SDS^
^SH^
^DUG^
^DXD

Overbought ETF of the Day – iShares Barclays 1-3 Year Treasury Bond Fund – SHY

SHY Chart

Most Oversold

The following ETFs are the most oversold for Monday, April 19, 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!

^PPH^
^MOO^
^PGX^
^XLV^
^PGF^

^XLU^
^GDX^
^FXI^
^EZA^
^SLV^

^XME^
^EWH^
^IYM^
^SLX^
^XLB^

^UYM^
^ILF^
^EEB^
^INP^
^RWR^

^URE^
^IYR^
^ICF^
^KOL^
^EWC^

Oversold ETF of the Day – Market Vector Agribusiness ETF – MOO

MOO Chart

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