TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, October 6, 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.
United States Natural Gas Fund ETF
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UNG |
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iShares Barclays 7-10 Treasury Bond Fund ETF
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Overbought ETF Chart of the Day – United States Natural Gas Fund ETF – UNG
Most Oversold
The following ETFs are the most oversold for Tuesday, October 6, 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.
iShares Nasdaq Biotechnology Index Fund ETF
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Oversold ETF of the Day – iShares Nasdaq Biotechnology Index Fund ETF – IBB
