TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • June 23, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Wednesday, June 24, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for pre-order.

ProShares UltraShort Dow 30 ETF
(
DXD |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort FTSE/Xinhua China 25 ETF
(
FXP |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort Russell 2000 ETF
(
TWM |
Quote |
Chart |
News |
PowerRating)

ProShares Short Dow 30 ETF
(
DOG |
Quote |
Chart |
News |
PowerRating)

iShares Barclays 20+ Year Treasury Bond ETF
(
TLT |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort S&P 500 ETF
(
SDS |
Quote |
Chart |
News |
PowerRating)

ProShares Short QQQ ETF
(
PSQ |
Quote |
Chart |
News |
PowerRating)

ProShares UltraShort QQQ ETF
(
QID |
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Chart |
News |
PowerRating)

ProShares UltraShort Oil & Gas ETF
(
DUG |
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Chart |
News |
PowerRating)

iShares Barclays 1-3 Year Treasury Bond ETF
(
SHY |
Quote |
Chart |
News |
PowerRating)

ProShares Short S&P 500 ETF
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SH |
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News |
PowerRating)

ProShares UltrraShort MSCI Emerging Markets ETF
(
EEV |
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Chart |
News |
PowerRating)

iShares Barclays 7-10 Year Treasury Bond ETF
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IEF |
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News |
PowerRating)

Overbought ETF Chart of the Day – ProShares Short QQQ ETF – PSQ

PSQ

Most Oversold

The following ETFs are the most oversold for Wednesday, June 24, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for pre-order.

SPDR S&P BRIC 40 ETF
(
BIK |
Quote |
Chart |
News |
PowerRating)

iShares MSCI South Africa Index ETF
(
EZA |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Malaysia Index ETF
(
EWM |
Quote |
Chart |
News |
PowerRating)

iShares MSCI South Korea Index ETF
(
EWY |
Quote |
Chart |
News |
PowerRating)

SPDR S&P Midcap Trust Series ETF
(
MDY |
Quote |
Chart |
News |
PowerRating)

iShares FTSE/Xinhua China 25 Index ETF
(
FXI |
Quote |
Chart |
News |
PowerRating)

iShares Russell MidCap Index ETF
(
IWR |
Quote |
Chart |
News |
PowerRating)

iShares MidCap 400 Index 400 ETF
(
IJH |
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Chart |
News |
PowerRating)

PowerShares Water Resource Portfolio ETF
(
PHO |
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Chart |
News |
PowerRating)

iShares S&P MidCap 400/Barra Growth Index ETF
(
IJK |
Quote |
Chart |
News |
PowerRating)

iShares S&P 500/Barra Growth Index ETF
(
IVW |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Emerging Market Index ETF
(
EEM |
Quote |
Chart |
News |
PowerRating)

iShares Russell MidCap Growth Index ETF
(
IWP |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Sweden Index ETF
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EWD |
Quote |
Chart |
News |
PowerRating)

Rydex S&P Equal Weight ETF
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RSP |
Quote |
Chart |
News |
PowerRating)

Consumer Discretionary Select Sector SPDRS ETF
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XLY |
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Chart |
News |
PowerRating)

iShares MSCI Hong Kong Index ETF
(
EWH |
Quote |
Chart |
News |
PowerRating)

Vanguard Small Cap ETF
(
VB |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Pacific ex-Japan Index ETF
(
EPP |
Quote |
Chart |
News |
PowerRating)

Vanguard MidCap ETF
(
VO |
Quote |
Chart |
News |
PowerRating)

iShares Russell 2000 Growth Index ETF
(
IWO |
Quote |
Chart |
News |
PowerRating)

Retail HOLDRs
(
RTH |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Singapore Index ETF
(
EWS |
Quote |
Chart |
News |
PowerRating)

Vanguard Total Stock Market ETF
(
VTI |
Quote |
Chart |
News |
PowerRating)

iShares Russell 3000 Index ETF
(
IWV |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Mexico Index ETF
(
EWW |
Quote |
Chart |
News |
PowerRating)

Oversold ETF of the Day – iShares MSCI Mexico Index ETF – EWW

EWW

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