TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday June 11, 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 pre-order.
United States Oil Fund
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USO |
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iPath S&P Goldman Sachs Crude Oil Trust Index ETN
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OIL |
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ProShares Ultra Oil & Gas ETF
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DIG |
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iShares S&P GSCI Commodity Indexed Trust
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GSG |
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ProShares Ultra Short Real Estate ETF
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SRS |
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iShares Dow Jones Transportation Average ETF
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IYT |
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Utilities Select Sector SPDRS ETF
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XLU |
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iShares Barclays Short Treasury Bond ETF
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SHV |
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Overbought ETF Chart of the Day – iShares S&P GSCI Commodity Indexed Trust – GSG
Most Oversold
The following ETFs are the most oversold for Thursday, June 11, 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 pre-order.
Market Vectors Gold Miners ETF
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GDX |
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iShares Dow Jones U.S. Broker Dealers Index ETF
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IAI |
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SPDR KBW Insurance ETF
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KIE |
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Vanguard Dividend Appreciation ETF
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VIG |
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Retail HOLDRs
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RTH |
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iShares Russell 2000 Value Index ETF
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IWN |
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iShares S&P Small Cap 600/Barra Value Index ETF
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IJS |
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ELEMENTS Linked to the Rogers International Commodity Index (Agriculture Total Return)
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RJA |
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iShares MSCI Taiwan Index ETF
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EWT |
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Oversold ETF Chart of the Day – SPDR KBW Insurance ETF – KIE
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..
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