TradingMarkets Most Overbought and Oversold ETFs for Tuesday

  • July 13, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Tuesday, July 14, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

iShares Dow Jones Select Dividend Index ETF
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DVY |
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News |
PowerRating)

iShares Russell 2000 Value Index ETF
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IWN |
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PowerRating)

Industrial Select Sector SPDRS ETF
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XLI |
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PowerRating)

iShares Dow Jones Transportation Average Index ETF
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IYT |
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SPDR KBW Regional Banking ETF
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KRE |
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PowerRating)

ProShares Ultra S&P 500 ETF
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SSO |
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PowerRating)

iShares S&P 500/Barra Value Index ETF
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IVE |
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ProShares Ultra Dow 30 ETF
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DDM |
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PowerRating)

Utilities Select Sector SPDRS ETF
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XLU |
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PowerRating)

ProShares Ultra Russell 2000 ETF
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UWM |
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ProShares Ultra Financials ETF
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UYG |
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iShares Russell 1000 Value Index ETF
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IWD |
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Regional Bank ETF
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RKH |
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PowerRating)

Dow DIAMONDS ETF
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DIA |
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Vanguard Value ETF
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VTV |
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ELEMENTS/Rogers International Commodity Index Agriculture Total Return ETN
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RJA |
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ProShares Ultra Basic Materials ETF
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UYM |
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iShares Dow Jones U.S. Real Estate Index ETF
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IYR |
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iShares Dow Jones U.S. Oil & Gas Exploration & Production Index ETF
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IEO |
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SPDR Lehman 1-3 Month t-Bill ETF
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BIL |
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PowerRating)

iShares Cohen & Steers Realty Majors Index ETF
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ICF |
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PowerShares DB Agriculture ETF
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DBA |
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Vanguard REIT ETF
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VNQ |
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ProShares Ultra Real Estate ETF
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URE |
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PowerRating)

Overbought ETF Chart of the Day – iShares Dow Jones Select Dividend Index ETF – DVY

DVY

Most Oversold

The following ETFs are the most oversold for Tuesday, July 14, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

iShares MSCI South Korea Index ETF
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EWY |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Oil Fund
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DBO |
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PowerRating)

Oversold ETF of the Day – iShares MSCI South Korea Index ETF – EWY

EWY

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.