TradingMarkets Most Overbought and Oversold ETFs for Thursday

Most Overbought

The following ETFs are the most overbought for Thursday, September 17, 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.

ELEMENTS / Rogers International Commodity Index – Agriculture Total Return ETN
(
RJA |
Quote |
Chart |
News |
PowerRating)

United States Natural Gas Fund
(
UNG |
Quote |
Chart |
News |
PowerRating)

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

UNG

Most Oversold

The following ETFs are the most oversold for Thursday, September 17, 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.

There are no oversold ETFs in our database.

Oversold ETF of the Day – None

According to a recent report, eight out of ten securities traded are exchange-traded funds (ETFs). Learn to trade ETFs! Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading.