TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, August 11, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

PowerShares DB U.S. Dollar Index Bullish ETF
(
UUP |
Quote |
Chart |
News |
PowerRating)

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

ProShares UltraShort Basic Materials ETF
(
SMN |
Quote |
Chart |
News |
PowerRating)

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

Overbought ETF Chart of the Day – PowerShares UltraShort Basic Materials ETF – SMN

SMN

Most Oversold

The following ETFs are the most oversold for Tuesday, August 11, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for order.

iPath MSCI India Index ETN
(
INP |
Quote |
Chart |
News |
PowerRating)

Semiconductor HOLDRS ETF
(
SMH |
Quote |
Chart |
News |
PowerRating)

WisdomTree India Earnings ETF
(
EPI |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Semiconductor ETF
(
USD |
Quote |
Chart |
News |
PowerRating)

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

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

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

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

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

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

iShares MSCI Canada Index ETF
(
EWC |
Quote |
Chart |
News |
PowerRating)

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

iShares S&P GSTI Semiconductor Index ETF
(
IGW |
Quote |
Chart |
News |
PowerRating)

Vanguard Europe Pacific ETF
(
VEA |
Quote |
Chart |
News |
PowerRating)

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

iShares S&P Europe 350 Index ETF
(
IEV |
Quote |
Chart |
News |
PowerRating)

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

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

PowerShares Financial Preferred Portfolio ETF
(
PGF |
Quote |
Chart |
News |
PowerRating)

iShares MSCI EMU Index ETF
(
EZU |
Quote |
Chart |
News |
PowerRating)

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

Market Vectors Agribusiness ETF
(
MOO |
Quote |
Chart |
News |
PowerRating)

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

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

Vanguard FTSE All World Ex-U.S. ETF
(
VEU |
Quote |
Chart |
News |
PowerRating)

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

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

iShares Dow Jones U.S. Telecommunications Sector Index ETF
(
IYZ |
Quote |
Chart |
News |
PowerRating)

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

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

iShares Nasdaq Biotechnology Index ETF
(
IBB |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iPath MSCI India Index ETN – INP

INP

Read more about how overbought and oversold ETFs can be quantified. High Probability ETF Trading is a new book that gives investors and traders quantified strategies that have up to a 90% accuracy rate – Click here to learn more.

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