TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, September 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
(
UUP |
Quote |
Chart |
News |
PowerRating)

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

ProShares UltraShort Oil & Gas ETF
(
DUG |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – ProShares UltraShort FTSE/Xinhua China 25 ETF – FXP

FXP

Most Oversold

The following ETFs are the most oversold for Tuesday, September 22, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probaility ETF Trading.

iShares S&P GSCI Commodity Index Trust ETF
(
GSG |
Quote |
Chart |
News |
PowerRating)

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

iPath S&P Goldman Sachs Crude Oil Trust Index ETN
(
OIL |
Quote |
Chart |
News |
PowerRating)

United States Oil Fund
(
USO |
Quote |
Chart |
News |
PowerRating)

ELEMENTS Linked to the Rogers International Commodity Index – Total Return ETN
(
RJI |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Commodity Index Tracking ETF
(
DBC |
Quote |
Chart |
News |
PowerRating)

iShares MSCI United Kingdom Index ETF
(
EWU |
Quote |
Chart |
News |
PowerRating)

iShares Dow Jones U.S. Transportation Average ETF
(
IYT |
Quote |
Chart |
News |
PowerRating)

PowerShares DB US Dollar Bearish Fund
(
UDN |
Quote |
Chart |
News |
PowerRating)

Market Vectors Gold Miners ETF
(
GDX |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Oil Fund
(
DBO |
Quote |
Chart |
News |
PowerRating)

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

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

iShares MSCI Austria Index ETF
(
EWO |
Quote |
Chart |
News |
PowerRating)

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

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

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

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

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

SPDR Gold Trust
(
GLD |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Germany Index ETF
(
EWG |
Quote |
Chart |
News |
PowerRating)

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

Materials Select Sector SPDRS ETF
(
XLB |
Quote |
Chart |
News |
PowerRating)

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

Industrial Select Sector SPDRS ETF
(
XLI |
Quote |
Chart |
News |
PowerRating)

Vanguard European ETF
(
VGK |
Quote |
Chart |
News |
PowerRating)

SPDR KBW Insurance ETF
(
KIE |
Quote |
Chart |
News |
PowerRating)

iShares Goldman Sachs Natural Resources Index ETF
(
IGE |
Quote |
Chart |
News |
PowerRating)

Vanguard Pacific ETF
(
VPL |
Quote |
Chart |
News |
PowerRating)

Energy Select Sector SPDRS ETF
(
XLE |
Quote |
Chart |
News |
PowerRating)

Utilities Select Sector SPDRS ETF
(
XLU |
Quote |
Chart |
News |
PowerRating)

SPDR S&P Oil & Gas Exploration & Production ETF
(
XOP |
Quote |
Chart |
News |
PowerRating)

PowerShares DB Base Metals Fund
(
DBB |
Quote |
Chart |
News |
PowerRating)

iShares MSCI EAFE Index Fund ETF
(
EFA |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Sweden Index Fund ETF
(
EWD |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares MSCI Singapore Index ETF – EWS

EWS

With Larry Connors’ High Probability ETF Trading Software, retail traders have access to the same kind of “buy the selling, sell the buying” trading strategies that professional traders have used successfully for decades.

Click here to start your free trial to Larry Connors’ High Probability ETF Trading Software today!