TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, April 9, 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.
The India Fund
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IFN |
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iShares MSCI Brazil Index ETF
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EWZ |
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Utilities Select Sector SPDRS ETF
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XLU |
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Currency Shares Japanese Yen Trust
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FXY |
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iShares iBoxx Investment Grade Corporate Bond Index ETF
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LQD |
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Overbought ETF Chart of the Day – The India Fund (IFN)
Are you new to exchange-traded funds (ETFs)? Be sure to read our ETF primer, TradingMarkets ETF Basics: What You Need to Know About Exchange-Traded Funds
Most Oversold
The following ETFs are the most oversold for Thursday, April 9, 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.
ProShares UltraShort Consumer Goods ETF
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SZK |
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Oversold ETF Chart of the Day – ProShares UltraShort Consumer Goods ETF (SZK)
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