Most Overbought
The following ETFs are the most overbought for Thursday, February 4, 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!
^FXI^
Overbought ETF of the Day – iShares FTSE/Xinhua China 25 ETF – FXI
Most Oversold
The following ETFs are the most oversold for Thursday, February 4, 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!
^KRE^
^DBB^
^AGG^
^BND^
^JNK^
^RKH^
^TIP^
Oversold ETF of the Day – KBW Regional Banking SPDRS ETF – KRE