TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, February 23, 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!

^DUG^

Overbought ETF of the Day – ProShares UltraShort Oil & Gas ETF – DUG

DUG

Most Oversold

The following ETFs are the most oversold for Tuesday, February 23, 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!

^BND^
^INP^
^EPI^
^GDX^
^AGG^

^EWS^
^XOP^
^EZA^
^IEO^

^EWT^
^IYE^
^DIG^

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

INP

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