TradingMarkets Most Overbought and Oversold ETFs for Wednesday

Most Overbought

The following ETFs are the most overbought for Wednesday, September 9, 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.

United States Natural Gas ETF
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SPDR KBW Regional Banking ETF
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Overbought ETF Chart of the Day – SPDR KBW Regional Banking ETF – KRE

KRE

Most Oversold

The following ETFs are the most oversold for Wednesday, September 9, 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.

Vanguard Total Bond Market ETF
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iShares Barclays Aggregate Bond Fund ETF
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Oversold ETF of the Day – iShares Barclays Aggregate Bond Fund ETF – AGG

AGG

Join Larry Connors live, Thursday, September 10 at 4:30 pm for a special presentation for our upcoming Swing Trading College. The Swing Trading College remains our number one, most popular course and this is the seventh time we’ve offered it. The class runs 14 weeks and covers short term trading of stocks, ETFs (3 weeks of ETFs), options, E-minis and building a full trading plan – along with 4 weeks of live trading.

In this class Larry will be also introducing for the first time a new high probability stock trading strategy, along with trading additional strategies to trade ETFs including Leveraged ETFs.

If you’d like to attend the presentation, you can register here.