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 Tradingnow in paperback.

^SHY^
^UNG^
^SRS^

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

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 Tradingnow in paperback.

^VNQ^
^RWR^
^IYR^
^ICF^
^URE^

Oversold ETF of the Day – Vanguard REIT ETF – VNQ

VNQ

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