TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, August 6, 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.
SPDR KBW Regional Banking ETF
(
KRE |
Quote |
Chart |
News |
PowerRating)
United States Natural Gas Fund ETF
(
UNG |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort FTSE/Xinhua China 25 ETF
(
FXP |
Quote |
Chart |
News |
PowerRating)
Overbought ETF Chart of the Day – ProShares UltraShort FTSE/Xinhua China 25 ETF – FXP
Most Oversold
The following ETFs are the most oversold for Thursday, August 6, 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 MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)
Pharmaceutical HOLDRS ETF
(
PPH |
Quote |
Chart |
News |
PowerRating)
Vanguard Total Bond Market ETF
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BND |
Quote |
Chart |
News |
PowerRating)
Consumer Staples Select Sector SPDRS ETF
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XLP |
Quote |
Chart |
News |
PowerRating)
Health Care Select Sector SPDRS ETF
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XLV |
Quote |
Chart |
News |
PowerRating)
iShares Nasdaq Biotechnology Index ETF
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IBB |
Quote |
Chart |
News |
PowerRating)
iShares Barclays Aggregate Bond ETF
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AGG |
Quote |
Chart |
News |
PowerRating)
Utilities Select Sector SPDRS ETF
(
XLU |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Singapore Index ETF
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EWS |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Hong Kong Index ETF
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EWH |
Quote |
Chart |
News |
PowerRating)
ProShares Ultra Semiconductor ETF
(
USD |
Quote |
Chart |
News |
PowerRating)
iShares FTSE/Xinhua China 25 ETF
(
FXI |
Quote |
Chart |
News |
PowerRating)
Oversold ETF of the Day – iShares MSCI Taiwan Index ETF – EWT
Larry Connors will be conducting a 2 1/2 day High Probability ETF Trading Seminar beginning August 14. If you’d like to attend a free online presentation explaining the concepts of High Probability ETF Trading and introducing the 2 1/2 day Seminar coming in early August, please call 1-888-484-8220 ext. 1 or click here to register today.
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