TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, September 30, 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 20+ Year Treasury Bond Fund ETF
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iShares Barclays 7-10 Treasury Bond Fund ETF
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IEF |
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PowerShares DB U.S. Dollar Bullish Fund ETF
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UUP |
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Overbought ETF Chart of the Day – iShares Barclays 7 -10 Year Treasury Bond Fund ETF – IEF
Most Oversold
The following ETFs are the most oversold for Wednesday, September 30, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probaility ETF Trading.
iShares S&P GSCI Commodity Indexed Trust ETF
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GSG |
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Rydex CurrencyShares Euro Trust ETF
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FXE |
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iShares MSCI Japan Index Fund ETF
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EWJ |
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PowerShares DB U.S. Dollar Bearish Fund ETF
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UDN |
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iShares MSCI Malaysia Index Fund ETF
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EWM |
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iShares MSCI Sweden Index Fund ETF
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EWD |
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Vanguard Pacific ETF
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VPL |
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Oversold ETF of the Day – iShares MSCI Sweden Index Fund ETF – EWD
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