TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • November 10, 2009
  • David Penn

Most Overbought

The following ETFs are the most overbought for Wednesday, November 11, 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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Overbought ETF of the Day – iShares Barclays 7-10 Year Treasury Bond Fund – IEF

IEF

Most Oversold

The following ETFs are the most oversold for Wednesday, November 11, 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.

PowerShares DB Agriculture Fund ETF
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DBA |
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PowerShares DB Base Metals Fund ETF
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DBB |
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iShares Silver Trust ETF
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SLV |
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Oversold ETF of the Day – iShares Silver Trust ETF – SLV

SLV

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