TradingMarkets Most Overbought and Oversold ETFs for Tuesday

Most Overbought

The following ETFs are the most overbought for Tuesday, March 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!

^FXP^
^DUG^
^BIL^
^EEV^
^TLT^

Overbought ETF of the Day – ProShares UltraShort FTSE/Xinhua China 25 ETF – FXP

FXP

Most Oversold

The following ETFs are the most oversold for Tuesday, March 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!

^DJP^
^RJI^
^EWT^
^KOL^
^GSG^

^OIL^
^USO^
^DBB^
^EWM^
^XLE^

^DIG^
^ITB^
^EWA^
^EWY^
^EPP^

^IGE^
^IEO^
^EEM^
^USD^
^VWO^

^SMH^
^EPI^
^GDX^
^JNK^
^PGX^

Oversold ETF of the Day – iShares MSCI Taiwan Index Fund ETF – EWT

EWT

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