TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, November 24, 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.
United States Natural Gas Fund ETF
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Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG
Most Oversold
The following ETFs are the most oversold for Tuesday, November 24, 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.
iShares Dow Jones U.S. Broker-Dealer Index Fund ETF
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iShares iBoxx Investment Corporation Bond Fund ETF
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PowerShares Financial Preferred Portfolio ETF
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United States Oil Fund ETF
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iPath S&P Goldman Sachs Crude Oil Trust Index ETN
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PowerShares DB Oil Fund ETF
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ELEMENTS / Rogers International Commodity Index – Total Return ETN
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ELEMENTS / Rogers International Commodity Index – Agriculture Total Return ETN
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PowerShares Preferred Porfoltio ETF
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iShares S&P GSCI Commodity Indexed Trust ETF
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GSG |
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Oversold ETF of the Day – iShares Dow Jones U.S. Broker-Dealer Index Fund ETF – IAI
