TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, September 23, 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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Overbought ETF Chart of the Day – iShares Barclays 20+ Year Treasury Bond Fund ETF – TLT
Most Oversold
The following ETFs are the most oversold for Wednesday, September 23, 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.
Utilities Select Sector SPDRS ETF
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Vanguard Total Bond Market ETF
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iShares Dow Jones Select Dividend Index Fund ETF
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iShares Dow Jones U.S. Home Construction Index Fund ETF
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Oversold ETF of the Day – Utilities Select Sector SPDRS ETF – XLU
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