TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, October 13, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

There are no overbought ETFs in our database.

Overbought ETF Chart of the Day – None

Most Oversold

The following ETFs are the most oversold for Tuesday, October 13, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

PowerShares Preferred Portfolio ETF
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PGX |
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iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF
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IYZ |
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PowerRating)

Oversold ETF of the Day – iShares Dow Jones U.S. Telecommunications Sector Index Fund ETF – IYZ

IYZ

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