TradingMarkets Most Overbought and Oversold ETFs for Thursday

Most Overbought

The following ETFs are the most overbought for Thursday, February 18, 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!

^PBW^
^FXI^
^VGK^
^EWG^

Overbought ETF of the Day – iShares FTSE/Xinhua China Index Fund ETF – FXI

FXI

Most Oversold

The following ETFs are the most oversold for Thursday, February 18, 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!

^BND^
^AGG^

Oversold ETF of the Day – iShares Barclays Aggregate Bond Fund ETF – AGG

AGG

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