TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, August 19, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
iShares Barclays Short Treasury Bond ETF
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iShares Barclays 1-3 Year Treasury Bond ETF
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Overbought ETF Chart of the Day – iShares Barclays 1-3 Year Treasury Bond ETF – SHY
Most Oversold
The following ETFs are the most oversold for Wednesday, August 19, 2009, and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.
iShares Dow Jones U.S. Telecommunications Sector Index ETF
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iShares Silver Trust ETF
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Health Care Select Sector SPDRS ETF
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iShares Nasdaq Biotechnology Index ETF
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PowerShares DB Base Metals ETF
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Oversold ETF of the Day – iShares Dow Jones U.S. Telecommunications Sector Index ETF – IYZ
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.
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