TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, October 7, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
iShares Barclays Short Treasury Bond Fund
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SHV |
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PowerShares DB Agriculture Fund ETF
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DBA |
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Overbought ETF Chart of the Day – PowerShares DB Agriculture Fund ETF – DBA
Most Oversold
The following ETFs are the most oversold for Wednesday, October 7, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
iShares Barclays Aggregate Bond Fund ETF
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AGG |
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PowerRating)
iShares Barclays 1-3 Year Treasury Bond Fund
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SHY |
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Oversold ETF of the Day – iShares Barclays 1-3 Year Treasury Bond Fund ETF – SHY