TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, January 14, 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.
^BIL^
^FXP^
^UNG^
Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG
Most Oversold
The following ETFs are the most oversold for Thursday, January 14, 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.
^OIL^
^USO^
^GSG^
^DBC^
^FXI^
^EWH^
^EWZ^
^EEB^
^PBW^
^EWT^
^RJI^
^RJA^
^LQD^
^JNK^
Oversold ETF of the Day – iPath S&P Goldman Sachs Crude Oil Trust Index ETF – OIL
