TradingMarkets Most Overbought and Oversold ETFs for Thursday

  • August 26, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Thursday, August 27, 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.

SPDR Lehman 1-3 Month T-Bill ETF
(
BIL |
Quote |
Chart |
News |
PowerRating)

PowerShares DB U.S. Dollar Index Bullish Fund
(
UUP |
Quote |
Chart |
News |
PowerRating)

iShares Barclays 20+ Year Treasury Bond ETF
(
TLT |
Quote |
Chart |
News |
PowerRating)

iShares Barclays 1-3 Year Treasury Bond Fund
(
SHY |
Quote |
Chart |
News |
PowerRating)

iShares Barclays 7-10 Treasury Bond ETF
(
IEF |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort FTSE/Xinhua China 25 ETF
(
FXP |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – PowerShares DB U.S. Dollar Index Bullish Fund – UUP

UUP

Most Oversold

The following ETFs are the most oversold for Thursday, August 27, 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.

PowerShares Financial Preferred Portfolio
(
PGF |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Oil Fund ETF
(
DBO |
Quote |
Chart |
News |
PowerRating)

United States Oil Fund ETF
(
USO |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Commodity Index Tracking ETF
(
DBC |
Quote |
Chart |
News |
PowerRating)

iPath S&P Goldman Sachs Crude Oil Trust Index ETN
(
OIL |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)

PowerShares DB U.S. Dollar Bearish Fund ETF
(
UDN |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Mexico Index ETF
(
EWW |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Hong Kong Index ETF
(
EWH |
Quote |
Chart |
News |
PowerRating)

Market Vectors Coal ETF
(
KOL |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – United States Oil Fund ETF – USO

USO

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