TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Wednesday, March 24, 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^
^FXP^
^DUG^
^EEV^
Overbought ETF of the Day – DB Gold Double Short ETN – DZZ
Most Oversold
The following ETFs are the most oversold for Wednesday, March 24, 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!
^OIH^
^RJI^
^AGG^
^DBB^
^LQD^
^BND^
^TIP^
^RSX^
^EWT^
^SLV^
^DGP^
^GLD^
^XLU^
^EWG^
^IVE^
^USO^
^OIL^
^DIG^
^VEA^
^EFA^
^IGE^
^XLE^
^EWC^
^EWU^
^EEM^
Oversold ETF of the Day – Elements/Rogers International Commodity Index – Total Return ETN – RJI