TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, September 3, 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.
ProShares UltraShort Russell 2000 ETF
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TWM |
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ProShares UltraShort Oil & Gas ETF
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DUG |
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ProShares Short S&P 500 ETF
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SH |
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ProShares UltraShort S&P 500 ETF
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SDS |
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ProShares Short Dow 30 ETF
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DOG |
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ProShares UltraShort Dow 30 ETF
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DXD |
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ProShares UltraShort QQQ ETF
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QID |
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ProShares UltraShort MidCap 400 ETF
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MZZ |
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ProShares UltraShort Financials ETF
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SKF |
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ProShares UltraShort Real Estate ETF
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SRS |
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iShares Barclays 7-10 Year Treasury Bond ETF
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IEF |
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iShares Barclays 1-3 Year Treasury Bond ETF
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SHY |
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iShares Barclays 20+ Year Treasury Bond ETF
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TLT |
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Overbought ETF Chart of the Day – ProShares UltraShort Oil & Gas ETF – DUG
Most Oversold
The following ETFs are the most oversold for Thursday, September 3, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probaility ETF Trading.
iShares MSCI Hong Kong Index ETF
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EWH |
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PowerRating)
Market Vectors Coal ETF
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KOL |
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Utilities Select Sector SPDRS ETF
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XLU |
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PowerShares Water Resource Portfolio ETF
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PHO |
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iShares Russell 2000 Value Index Fund ETF
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IWN |
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PowerRating)
iShares Russell 3000 Index Fund ETF
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IWV |
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PowerRating)
iShares Dow Jones Select Dividend Index Fund ETF
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DVY |
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iShares S&P SmallCap 600 Index ETF
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IJR |
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iShares Russell 2000 Index Fund ETF
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IWM |
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Oil Service HOLDRS ETF
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OIH |
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ProShares Ultra Russell 2000 ETF
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UWM |
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iShares Russell 2000 Growth Index ETF
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IWO |
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Vanguard Value ETF
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VTV |
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SPDRs S&P 500 Trust Series ETF
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SPY |
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iShares S&P U.S. Preferred Stock Index Fund ETF
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PFF |
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iShares Russell 1000 Value Index Fund ETF
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IWD |
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Vanguard Large Cap ETF
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VV |
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iShares Russell 1000 Index Fund ETF
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IWB |
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ProShares UltraShort S&P 500 ETF
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SSO |
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Energy Select Sector SPDRS ETF
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XLE |
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PowerShares Golden Dragon Halter USX China Portfolio ETF
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PGJ |
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iShares S&P Latin America 40 Index Fund ETF
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ILF |
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Claymore Bny BRIC ETF
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EEB |
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iShares Dow Jones U.S. Energy Sector Index Fund ETF
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IYE |
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iShares S&P 500 Index Fund ETF
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IVV |
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ProShares Ultra Oil & Gas ETF
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DIG |
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PowerRating)
iShares S&P 500/Barra Value Index Fund ETF
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IVE |
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Vanguard Total Stock Market ETF
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VTI |
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Oversold ETF of the Day – Utilities Select Sector SPDRS ETF – XLU
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.
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