TradingMarkets Most Overbought and Oversold ETFs for Thursday

  • June 3, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Thursday, June 4, 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.

There are no overbought stocks in our database for Thursday.

Most Oversold

The following ETFs are the most oversold for Thursday, June 4, 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.

Energy Select Sector SPDRS ETF
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XLE |
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CurrencyShares Canadian Dollar Trust
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FXC |
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DB Gold Double Long ETN
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DGP |
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iShares MSCI Brazil Index ETF
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EWZ |
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iShares MSCI Japan Index ETF
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EWJ |
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iShares MSCI Mexico Index ETF
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EWW |
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iShares MSCI Taiwan Index ETF
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EWT |
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iShares COMEX Gold Trust ETF
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IAU |
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iShares Dow Jones U.S. Oil Equipment & Services Index ETF
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IEZ |
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iShares MSCI Emerging Markets Index ETF
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EEM |
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iShares S&P Latin America 40 Index ETF
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ILF |
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Market Vectors Gold Miners ETF
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GDX |
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Oil Service HOLDRs
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OIH |
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SPDR Gold Shares ETF
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GLD |
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Oversold ETF Chart of the Day – iShares MSCI Brazil Index ETF – EWZ

EWZ Chart

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