TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, January 26, 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!

^RWM^
^TWM^
^DZZ^
^DXD^
^SRS^

^SKF^
^QID^

Overbought ETF of the Day – ProShares Short Russell 2000 Index ETF – RWM

RWM

Most Oversold

The following ETFs are the most oversold for Tuesday, January 26, 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!

^PGF^
^PFF^
^GDX^
^EWZ^
^ITB^

^EWW^
^DBA^
^IBB^
^ILF^
 ^DBB^

^EEB^
^INP^
^IWO^
^SLV^
 ^IWM^

^ICF^
^SLX^
^VB^
^EWC^
^XLV^

^IJH^
^GLD^
^UWM^
^PHO^
^RJA^

Oversold ETF of the Day – Market Vectors Gold Miners ETF – GDX

GDX

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