TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, July 2, 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.
ProShares Ultra Real Estate ETF
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URE |
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iShares Dow Jones U.S. Real Estate Index ETF
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IYR |
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Vanguard REIT ETF
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VNQ |
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SPDR Dow Jones Wilshire REIT ETF
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RWR |
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iShares Cohen & Steers Realty Major Index ETF
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ICF |
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ProShares Ultra Russell 2000 ETF
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UWM |
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iShares Dow Jones Transportation Average Index ETF
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IYT |
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Vanguard Financials ETF
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VFH |
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iShares Dow Jones Select Dividend Index ETF
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DVY |
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Overbought ETF Chart of the Day – ProShares Ultra Real Estate ETF – URE
Most Oversold
The following ETFs are the most oversold for Thursday, July 2, 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
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LQD |
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SPDR Barclays Capital High Yield Bond ETF
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JNK |
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iShares Barclays Aggregate Bond ETF
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AGG |
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Oil Services HOLDRS ETF
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OIH |
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Vanguard Total Bond Market ETF
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BND |
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SPDR S&P Metals & Mining ETF
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XME |
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Oversold ETF of the Day – iShares iBoxx Investment Grade Corporate Bond ETF – LQD
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