TradingMarkets Most Overbought and Oversold ETFs for Wednesday

Most Overbought

The following ETFs are the most overbought for Wednesday, June 17, 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 Short QQQ ETF
(
PSQ |
Quote |
Chart |
News |
PowerRating)

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

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

ProShares UltraShort MidCap 400 ETF
(
MZZ |
Quote |
Chart |
News |
PowerRating)

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

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

ProShares UltraShort Basic Materials ETF
(
SMN |
Quote |
Chart |
News |
PowerRating)

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

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

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

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

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

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

ProShares UltraShort Financials ETF
(
SKF |
Quote |
Chart |
News |
PowerRating)

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

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

ProShares UltraShort Real Estate ETF
(
SRS |
Quote |
Chart |
News |
PowerRating)

SPDR Lehman 1-3 Month T-Bill ETF
(
BIL |
Quote |
Chart |
News |
PowerRating)

iShares Barclays Short Treasury Bond ETF
(
SHV |
Quote |
Chart |
News |
PowerRating)

Overbought ETF Chart of the Day – ProShares UltraShort Oil & Gas ETF – DUG

DUG

Most Oversold

The following ETFs are the most oversold for Wednesday, June 17, 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.

iShares S&P Small Cap 600/Barra Growth Index ETF
(
IJT |
Quote |
Chart |
News |
PowerRating)

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

PowerShares QQQ Trust ETF
(
QQQQ |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra QQQ ETF
(
QLD |
Quote |
Chart |
News |
PowerRating)

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

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

iShares S&P Small Cap 600 Index ETF
(
IJR |
Quote |
Chart |
News |
PowerRating)

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

Vanguard Growth ETF
(
VUG |
Quote |
Chart |
News |
PowerRating)

iShares S&P MidCap 400 Index ETF
(
IJH |
Quote |
Chart |
News |
PowerRating)

iShares S&P Midcap 400/Barra Value Index ETF
(
IJJ |
Quote |
Chart |
News |
PowerRating)

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

Vanguard Extended Market ETF
(
VXF |
Quote |
Chart |
News |
PowerRating)

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

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

iShares Russell 2000 Index Fund ETF
(
IWM |
Quote |
Chart |
News |
PowerRating)

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

SPDR KBW Capital Markets ETF
(
KCE |
Quote |
Chart |
News |
PowerRating)

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

Vanguard Mid Cap ETF
(
VO |
Quote |
Chart |
News |
PowerRating)

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

PowerShares DB Agriculture Fund ETF
(
DBA |
Quote |
Chart |
News |
PowerRating)

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

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

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

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

Semiconductor HOLDRs
(
SMH |
Quote |
Chart |
News |
PowerRating)

PowerShares Golden Dragon Halter USX China Portfolio ETF
(
PGJ |
Quote |
Chart |
News |
PowerRating)

Technology Select Sector SPDRS ETF
(
XLK |
Quote |
Chart |
News |
PowerRating)

ProShares Ultra Technology ETF
(
ROM |
Quote |
Chart |
News |
PowerRating)

iShares MSCI EMU Index ETF
(
EZU |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Germany Index ETF
(
EWG |
Quote |
Chart |
News |
PowerRating)

iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)

Vanguard Large Cap ETF
(
VV |
Quote |
Chart |
News |
PowerRating)

Oversold ETF Chart of the Day – Vanguard Large Cap ETF – VV

VV

In High Probability ETF Trading you can learn strategies to enhance your ETF trading. Trading overbought and oversold markets is just one quantifiable strategy for trading ETFs — click here to learn more.