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
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