TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, January 5, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

^SRS^
^UNG^

Overbought ETF of the Day – ProShares UltraShort Real Estate ETF – SRS

SRS

Most Oversold

The following ETFs are the most oversold for Tuesday, January 5, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.

^ICF^
^VNQ^
^RWR^
^IYR^
^URE^

Oversold ETF of the Day – iShares Cohen & Steers Realty Major Index Fund ETF – ICF

ICF

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