TradingMarkets Most Overbought and Oversold ETFs for Thursday
Most Overbought
The following ETFs are the most overbought for Thursday, April 15, 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!
^EWP^
^FXE^
^PBW^
^DBA^
^UNG^
Overbought ETF of the Day – iShares MSCI Spain Index Fund ETF – EWP
Most Oversold
The following ETFs are the most oversold for Thursday, April 15, 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^
^MOO^
^XLV^
Oversold ETF of the Day – PowerShares DB U.S. Dollar Index Bullish ETF – UUP
