TradingMarkets Most Overbought and Oversold ETFs for Tuesday

  • December 14, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Tuesday, December 15, 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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UNG |
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Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG

UNG

Most Oversold

The following ETFs are the most oversold for Tuesday, December 15, 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.

iPath S&P Goldman Sachs Crude Oil Trust Index ETN
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OIL |
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PowerShares DB Oil Fund ETF
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DBO |
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Vanguard Total Bond Fund ETF
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BND |
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United States Oil Fund ETF
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USO |
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iShares Barclays Aggregate Bond ETF
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AGG |
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Oversold ETF of the Day – Vanguard Total Bond Fund ETF – BND

BND

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