TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, December 29, 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.

There are no overbought ETFs in our database.

Overbought ETF of the Day – None

Most Oversold

The following ETFs are the most oversold for Tuesday, December 29, 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 Japanese Yen Trust ETF
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iShares MSCI Mexico Investable Market Index Fund ETF
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iShares Barclays Aggregate Bond Fund ETF
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iShares Barclays TIP Bond Fund ETF
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iShares Dow Jones Transportation Average ETF
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iShares iBoxx Investment Grade Corporate Bond ETF
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iShares JP Morgan USD Emerging Markets Bond ETF
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S&P Homebuilders SPDRS ETF
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Vanguard Short Term Bond ETF
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Vanguard Total Bond Market ETF
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Oversold ETF of the Day – iShares Barclays TIP Bond Fund ETF – TIP

TIP

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