TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, January 19, 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.
^FXP^
^EEV^
^SHY^
^SMN^
^IEF^
^TLT^
^DUG^
^SDS^
^DXD^
^QID^
^SH^
^UUP^
^SKF^
^TWM^
^SRS^
Overbought ETF of the Day – iShares Barclays 1-3 Year Treasury Bond Fund ETF – SHY
Most Oversold
The following ETFs are the most oversold for Tuesday, January 19, 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.
^EWH^
^OIL^
^EWZ^
^GSG^
^USO^
^EEB^
^PBW^
^FXI^
^DBC^
^IYZ^
^ILF^
^RJI^
^XHB^
^KOL^
^EEM^
^PHO^
^RJA^
^VWO^
^FXE^
^EWW^
^GDX^
^EWG^
^SMH^
^EZU^
^MOO^
Oversold ETF of the Day -iShares MSCI Hong Kong Index Fund ETF – EWH