TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, June 25, 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.
ProShares UltraShort Dow 30 ETF
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ProShares Short Dow 30 ETF
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iShares Barclays Short Treasury Bond ETF
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SHV |
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SPDR S&P Biotechnology ETF
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XBI |
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Overbought ETF Chart of the Day – SPDR S&P Biotechnology ETF – XBI
Most Oversold
The following ETFs are the most oversold for Thursday, June 25, 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.
iShares MSCI EAFE Index ETF
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Oversold ETF of the Day – iShares MSCI EAFE Index ETF – EFA
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