TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, February 16, 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 – now in paperback!
^PBW^
^IAI^
^UNG^
^SHY^
Overbought ETF of the Day – PowerShares Wilderhill Clean Energy Portfolio ETF – PBW
Most Oversold
The following ETFs are the most oversold for Tuesday, February 16, 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 – now in paperback!
^TIP^
^AGG^
^PGF^
^PGX^
Oversold ETF of the Day – iShares Barclays TIPS Bond Fund ETF – TIP
