TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, February 2, 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!
^FXI^
^UNG^
Overbought ETF of the Day – iShares FTSE/Xinhua China 25 ETF – FXI
Most Oversold
The following ETFs are the most oversold for Tuesday, February 2, 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!
^TFI^
^HYG^
^JNK^
^EWT^
^BND^
^KRE^
^AGG^
^LQD^
Oversold ETF of the Day – iShares iBoxx High Yield Corporate Bond ETF – HYG
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