TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, March 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!
^EWG^
^VGK^
^PBW^
^FXE^
^UDN^
^FXI^
Overbought ETF of the Day – iShares MSCI Germany Index Fund ETF – EWG
Most Oversold
The following ETFs are the most oversold for Thursday, March 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!
^UUP^
^PPH^
Oversold ETF of the Day – Powershares DB U.S. Dollar Index Bullish ETF – UUP
