TradingMarkets Most Overbought and Oversold ETFs for Tuesday
Most Overbought
The following ETFs are the most overbought for Tuesday, April 6, 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!
^UNG^
^PBW^
Overbought ETF of the Day – United States Natural Gas Fund ETF – UNG
Most Oversold
The following ETFs are the most oversold for Tuesday, April 6, 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!
^PGX^
^PFF^
^HYG^
^LQD^
^JNK^
^PPH^
Oversold ETF of the Day – PowerShares Preferred Portfolio ETF – PGX