TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, December 22, 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 U.S. Dollar Index Bullish Fund ETF
(
UUP |
Quote |
Chart |
News |
PowerRating)

iShares Barclays Short Treasury Bond Fund ETF
(
SHV |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort MSCI Emerging Markets ETF
(
EEV |
Quote |
Chart |
News |
PowerRating)

DB Gold Double Short ETN
(
DZZ |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort FTSE/Xinhua China 25 ETF
(
FXP |
Quote |
Chart |
News |
PowerRating)

Overbought ETF of the Day – ProShares UltraShort MSCI Emerging Markets ETF – EEV

EEV

Most Oversold

The following ETFs are the most oversold for Tuesday, December 22, 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.

CurrencyShares Euro Trust ETF
(
FXE |
Quote |
Chart |
News |
PowerRating)

iShares FTSE./Xinhua China 25 ETF
(
FXI |
Quote |
Chart |
News |
PowerRating)

PowerShares DB U.S. Dollar Bearish Fund ETF
(
UDN |
Quote |
Chart |
News |
PowerRating)

iShares S&P Latin America 40 ETF
(
ILF |
Quote |
Chart |
News |
PowerRating)

Claymore BNY BRIC ETF
(
EEB |
Quote |
Chart |
News |
PowerRating)

iShares MSCI South Africa Index Fund ETF
(
EZA |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Hong Kong Index Fund ETF
(
EWH |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Mexico Index Fund ETF
(
EWW |
Quote |
Chart |
News |
PowerRating)

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

PowerShares DB Agriculture Fund ETF
(
DBA |
Quote |
Chart |
News |
PowerRating)

iShares Barclays Aggregate Bond Fund ETF
(
AGG |
Quote |
Chart |
News |
PowerRating)

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

CurrencyShares Australian Dollar Trust ETF
(
FXA |
Quote |
Chart |
News |
PowerRating)

Vanguard Total Bond Market Fund ETF
(
BND |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Australia Index Fund ETF
(
EWA |
Quote |
Chart |
News |
PowerRating)

iShares Barclays TIPS Bond ETF
(
TIP |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Malaysia Index Fund ETF
(
EWM |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Japan Index Fund ETF
(
EWJ |
Quote |
Chart |
News |
PowerRating)

iShares iBoxx Investment Grade Corporate Bond ETF
(
LQD |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Pacific ex-Japan Index Fund ETF
(
EPP |
Quote |
Chart |
News |
PowerRating)

iShares Silver Trust ETF
(
SLV |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Emerging Markets Index Fund ETF
(
EEM |
Quote |
Chart |
News |
PowerRating)

Vanguard Emerging Markets ETF
(
VWO |
Quote |
Chart |
News |
PowerRating)

DB Gold Double Long ETN
(
DGP |
Quote |
Chart |
News |
PowerRating)

iShares COMEX Gold Trust ETF
(
IAU |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares S&P Latin America 40 ETF – ILF

ILF

Hunting for Leveraged ETF trading strategies? Larry Connors’ Daily Battle Plan targets some of the best ETF trades, providing both entry and exit signals.  Claim Your 7 Day Free Trial now – Click Here.