TradingMarkets Most Overbought and Oversold ETFs for Wednesday

Most Overbought

The following ETFs are the most overbought for Wednesday, January 27, 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!

^RWM^
^TWM^
^EEV^
^SKF^
^UUP^

^FXP^
^DUG^

Overbought ETF of the Day – ProShares UltraShort Russell 2000 Index ETF – TWM

TWM

Most Oversold

The following ETFs are the most oversold for Wednesday, January 27, 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!

^EWZ^
^ILF^
^DBB^
^EEB^
^IWO^

^INP^
^EWT^
^SLX^
^XLV^
^IWM^

^DJP^
^IJR^
^PPH^
^LQD^
^EWC^

^EEM^
^DBC^
^UWM^
^EWY^
^IWN^

^UYG^
^VB^
^RJA^
^XLF^
^EWZ^

Oversold ETF of the Day – iShares MSCI Brazil Index Fund ETF – EWZ

TWM

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