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You are here: Home / ETFs / Commentary / TradingMarkets Most Overbought and Oversold ETFs for Tuesday

TradingMarkets Most Overbought and Oversold ETFs for Tuesday

April 12, 2010 by David Penn

Most Overbought

The following ETFs are the most overbought for Tuesday April 13, 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!

^EWP^
^TLT^
^FXE^

^SHV^
^IEF^
^SHY^

Overbought ETF of the Day – iShares MSCI Spain Index Fund ETF – EWP

EWP Chart

Most Oversold

The following ETFs are the most oversold for Tuesday, April 13, 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!

^UUP^
^OIL^
^USO^
^IBB^
^RJI^

^GSG^
^EWY^
^EZA^

Oversold ETF of the Day – PowerSharesDB U.S. Dollar Index Bullish ETF – UUP

UUP Chart

With 82% winning ETF trades in the model portfolio from October 2008 through March 2010 you too can realize this level of success with Larry Connors’ Daily Battle Plan.

Filed Under: Commentary, Recent Tagged With: ETF Trading, most overbought ETFs, most oversold ETFs, trading ETFs

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