TradingMarkets Most Overbought and Oversold ETFs for Thursday

Most Overbought

The following ETFs are the most overbought for Thursday, July 23, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

United States Natural Gas Fund
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UNG |
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Chart |
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PowerRating)

iShares S&P GSCI Commodity Indexed Trust ETF
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GSG |
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Chart |
News |
PowerRating)

ProShares Ultra Real Estate ETF
(
URE |
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Chart |
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PowerRating)

iPath S&P Goldman Sachs Crude Oil Trust Index ETN
(
OIL |
Quote |
Chart |
News |
PowerRating)

United States Oil Fund
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USO |
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News |
PowerRating)

Overbought ETF Chart of the Day – United States Natural Gas Fund – UNG

UNG

Most Oversold

The following ETFs are the most oversold for Thursday, July 23, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

Retail Bank HOLDRS ETF
(
RKH |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day -Retail Bank HOLDRS ETF – RKH

RKH

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