TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, September 15, 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.

SPDR KBW Regional Banking ETF
(
KRE |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – SPDR KBW Regional Banking ETF – KRE

KRE

Most Oversold

The following ETFs are the most oversold for Tuesday, September 15, 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 DB Base Metals Fund
(
DBB |
Quote |
Chart |
News |
PowerRating)

ELEMENTS / Rogers International Commodity Index – Total Return ETN
(
RJI |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Commodity Index Tracking ETF
(
DBC |
Quote |
Chart |
News |
PowerRating)

United States Oil Fund ETF
(
USO |
Quote |
Chart |
News |
PowerRating)

iPath S&P Goldman Sachs Crude Oil Trust Index ETN
(
OIL |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Singapore Index ETF
(
EWS |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares MSCI Singapore Index ETF – EWS

EWS

Read more about how overbought and oversold ETFs can be quantified. High Probability ETF Trading is a new book that gives investors and traders quantified strategies that have up to a 90% accuracy rate – Click here to learn more..