TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • March 2, 2010
  • David Penn

Most Overbought

The following ETFs are the most overbought for Wednesday, March 3, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!

^EWG^
^FXI^
^VGK^
^PBW^

Overbought ETF of the Day -iShares FTSE/Xinhua China 25 ETF – FXI

FXI

Most Oversold

The following ETFs are the most oversold for Wednesday, March 3, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading – now in paperback!

^UUP^

Oversold ETF of the Day – Powershares DB U.S. Dollar Index Bullish ETF – UUP

UUP

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