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
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