TradingMarkets Most Overbought and Oversold ETFs for Thursday

  • February 3, 2010
  • David Penn

Most Overbought

The following ETFs are the most overbought for Thursday, February 4, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!

^FXI^

Overbought ETF of the Day – iShares FTSE/Xinhua China 25 ETF – FXI

FXI

Most Oversold

The following ETFs are the most oversold for Thursday, February 4, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!

^KRE^
^DBB^
^AGG^
^BND^
^JNK^

^RKH^
^TIP^

Oversold ETF of the Day – KBW Regional Banking SPDRS ETF – KRE

FXI

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