TradingMarkets Most Overbought and Oversold ETFs for Thursday

• March 10, 2010
• David Penn

Most Overbought

The following ETFs are the most overbought for Thursday, March 11, 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!

^DZZ^
^BIL^
^PBW^
^FXE^

Overbought ETF of the Day – PowerShares Wilderhill Clean Energy Portfolio ETF – PBW

Most Oversold

The following ETFs are the most oversold for Thursday, March 11, 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!

^DGP^
^GLD^
^GDX^
^SLV^
^DJP^

^BND^
^EWJ^
^XLP^

Oversold ETF of the Day – SPDR Gold Trust ETF – GLD

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