TradingMarkets Most Overbought and Oversold ETFs for Thursday

  • December 23, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Thursday, December 24, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

United States Natural Gas Fund ETF
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UNG |
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Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG

UNG

Most Oversold

The following ETFs are the most oversold for Thursday, December 24, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

Vanguard Total Bond Market Fund ETF
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BND |
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iShares Barclays TIPS Bond Fund ETF
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TIP |
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iShares MSCI Singapore Index Fund ETF
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EWS |
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iShares Barclays Aggregate Bond Fund ETF
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AGG |
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iShares MSCI Malaysia Index Fund ETF
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EWM |
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iShares MSCI Austria Index Fund ETF
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EWO |
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iShares Dow Jones Select Dividend Index Fund ETF
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DVY |
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Oversold ETF of the Day – iShares MSCI Singapore Index Fund ETF – EWS

EWS

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