TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, January 7, 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.
^SHY^
^UNG^
^SRS^
Overbought ETF of the Day – United States Natural Gas Fund ETF- UNG
Most Oversold
The following ETFs are the most oversold for Thursday, January 7, 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.
^VNQ^
^RWR^
^IYR^
^ICF^
^URE^
Oversold ETF of the Day – Vanguard REIT ETF – VNQ
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