TradingMarkets Most Overbought and Oversold ETFs for Thursday

Most Overbought

The following ETFs are the most overbought for Thursday, July 16, 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.

iShares Dow Jones Select Dividend Index ETF
(
DVY |
Quote |
Chart |
News |
PowerRating)

SPDR Homebuilders ETF
(
XHB |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Oil & Gas ETF
(
DIG |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Real Estate Index ETF
(
IYR |
Quote |
Chart |
News |
PowerRating)

Vanguard REIT ETF
(
VNQ |
Quote |
Chart |
News |
PowerRating)

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

iShares Cohen & Steers Realty Majors Index ETF
(
ICF |
Quote |
Chart |
News |
PowerRating)

SDPR Dow Jones Wilshire REIT ETF
(
RWR |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Commodity Index Tracking ETF
(
DBC |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Financials ETF
(
UYG |
Quote |
Chart |
News |
PowerRating)

iPath Dow Jones-AIG Commodity Index Total Return ETN
(
DJP |
Quote |
Chart |
News |
PowerRating)

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

SPDR KBW Regional Banking ETF
(
KRE |
Quote |
Chart |
News |
PowerRating)

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

United States Oil Fund
(
USO |
Quote |
Chart |
News |
PowerRating)

ELEMENTS/Rogers International Commodity Index – Agriculture Total Return ETN
(
RJA |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – SPDR Homebuilders ETF – XHB

XHB

Most Oversold

The following ETFs are the most oversold for Thursday, July 16, 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.

iShares iBoxx Investment Grade Corporate Bond ETF
(
LQD |
Quote |
Chart |
News |
PowerRating)

iShares Barclays Aggregate Bond ETF
(
AGG |
Quote |
Chart |
News |
PowerRating)

Vanguard Total Bond Market ETF
(
BND |
Quote |
Chart |
News |
PowerRating)

iShares Barclays TIPS Bond ETF
(
TIP |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day -iShares iBoxx Investment Grade Corporate Bond ETF – LQD

LQD

According to a recent report, eight out of ten securities traded are exchange-traded funds (ETFs). Learn to trade ETFs! Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading..