TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, May 13, 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.
Consumer Staples Select Sector SPDRS ETF
(
XLP |
Quote |
Chart |
News |
PowerRating)
Health Care Select Sector SPDRS ETF
(
XLV |
Quote |
Chart |
News |
PowerRating)
Utilities Select Sector SPDRS ETF
(
XLU |
Quote |
Chart |
News |
PowerRating)
United States Oil Fund
(
USO |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Semiconductor ETF
(
SSG |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Technology ETF
(
REW |
Quote |
Chart |
News |
PowerRating)
PowerShares DB Agriculture ETF
(
DBA |
Quote |
Chart |
News |
PowerRating)
iShares S&P GSCI Commodity-Indexed Trust ETF
(
GSG |
Quote |
Chart |
News |
PowerRating)
iPath S&P S&P GSCI Crude Oil Total Return Index ETN
(
OIL |
Quote |
Chart |
News |
PowerRating)
PowerShares Preferred Securities Index ETF
(
PGX |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort QQQ ETF
(
QID |
Quote |
Chart |
News |
PowerRating)
ProShares Short QQQ ETF
(
PSQ |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Russell Midcap Growth ETF
(
SDK |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Consumer Services ETF
(
SCC |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort Russell 2000 ETF
(
TWM |
Quote |
Chart |
News |
PowerRating)
Vanguard Health Care ETF
(
VHT |
Quote |
Chart |
News |
PowerRating)
CurrencyShares British Pound Sterling Trust
(
FXB |
Quote |
Chart |
News |
PowerRating)
Overbought ETF Chart of the Day – Utilities Select Sector SPDRS ETF – XLU
Most Oversold
The following ETFs are the most oversold for Wednesday, May 13, 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.
Consumer Discretionary Select Sector SPDRS ETF
(
XLY |
Quote |
Chart |
News |
PowerRating)
iShares JP Morgan US Dollar Emerging Markets Bond ETF
(
EMB |
Quote |
Chart |
News |
PowerRating)
PowerShares DB Crude Oil Short ETN
(
SZO |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Hong Kong Index ETF
(
EWH |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Taiwan Index ETF
(
EWT |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Brazil Index ETF
(
EWZ |
Quote |
Chart |
News |
PowerRating)
iShares FTSE/Xinhua China 25 ETF
(
FXI |
Quote |
Chart |
News |
PowerRating)
iShares MSCI Mexico Index ETF
(
EWW |
Quote |
Chart |
News |
PowerRating)
iShares S&P Latin America 40 Index ETF
(
ILF |
Quote |
Chart |
News |
PowerRating)
Oversold ETF Chart of the Day – iShares MSCI Brazil Index ETF
(
EWZ |
Quote |
Chart |
News |
PowerRating)
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.