TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • November 17, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Wednesday, November 18, 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 7-10 Year Treasury Bond Fund ETF
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iShares Barclays 20+ Year Treasury Bond Fund ETF
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Overbought ETF of the Day – iShares Barclays 7-10 Treasury Bond Fund ETF – IEF

IEF

Most Oversold

The following ETFs are the most oversold for Wednesday, November 18, 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.

CurrencyShares Euro Trust ETF
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Retail HOLDRS ETF
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Oversold ETF of the Day – Retail HOLDRS ETF – RTH

RTH

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