TradingMarkets Most Overbought and Oversold ETFs for Wednesday

Most Overbought

The following ETFs are the most overbought for Wednesday, February 24, 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!

^EEV^
^DUG^
^QID^
^IEF^
^PSQ^

^DZZ^
^SHY^
^FXP^
^TLT^
^SMN^

^SDS^
^SH^
^DOG^
^DXD^
^MZZ^

Overbought ETF of the Day – ProShares UltraShort MSCI Emerging Markets ETF – EEV

EEV

Most Oversold

The following ETFs are the most oversold for Wednesday, February 24, 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!

^EPI^
^INP^
^USD^
^ITB^
^IEO^

^RSX^
^EZA^
^SMH^
^VWO^
^XBI^

^PPH^
^ILF^
^XOP^
^KOL^
^DIG^

^EEM^
^EWU^
^EWC^
^IYE^
^XLE^

^EWZ^
^IGE^
^DJP^
^EEB^
^MOO^

Oversold ETF of the Day – WisdomTree India Earnings Fund ETF – EPI

EPI

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