TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, September 2, 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.
ProShares UltraShort FTSE/Xinhua China 25 ETF
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FXP |
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PowerRating)
ProShares UltraShort MSCI Emerging Markets ETF
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EEV |
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PowerRating)
ProShares UltraShort Russell 2000 ETF
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TWM |
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ProShares Short S&P 500 ETF
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SH |
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ProShares UltraShort Oil & Gas ETF
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DUG |
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ProShares UltraShort S&P 500 ETF
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SDS |
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ProShares UltraShort QQQ ETF
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QID |
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ProShares Short Dow 30 ETF
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DOG |
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ProShares UltraShort Dow 30 ETF
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DXD |
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ProShares UltraShort MidCap 400 ETF
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MZZ |
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ProShares UltraShort Financials ETF
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SKF |
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ProShares UltraShort Basic Materials ETF
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SMN |
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ProShares UltraShort Real Estate ETF
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SRS |
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PowerShares DB U.S. Dollar Index Bullish Fund
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UUP |
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PowerRating)
iShares Barclays 7-10 Year Treasury Bond ETF
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IEF |
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PowerRating)
SPDR Gold Shares ETF
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GLD |
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iShares MSCI Taiwan Index ETF
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EWT |
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Overbought ETF Chart of the Day – ProShares UltraShort Russell 2000 ETF – TWM
Most Oversold
The following ETFs are the most oversold for Wednesday, September 2, 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 MSCI Hong Kong Index ETF
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EWH |
Quote |
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News |
PowerRating)
PowerShares Golden Dragon Halter USX China Portfolio ETF
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PGJ |
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News |
PowerRating)
iShares S&P Latin America 40 Index Fund ETF
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ILF |
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News |
PowerRating)
Claymore Bny BRIC ETF
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EEB |
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News |
PowerRating)
Market Vectors Coal ETF
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KOL |
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News |
PowerRating)
iShares MSCI Brazil Index ETF
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EWZ |
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News |
PowerRating)
iShares MSCI Emerging Markets Index ETF
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EEM |
Quote |
Chart |
News |
PowerRating)
Vanguard Emerging Markets ETF
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VWO |
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Chart |
News |
PowerRating)
iShares FTSE/Xinhua China 25 ETF
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FXI |
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Chart |
News |
PowerRating)
Health Care Select Sector SPDRS ETF
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XLV |
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News |
PowerRating)
iShares Russell 3000 Index Fund ETF
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IWV |
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News |
PowerRating)
iShares Russell 2000 Growth Index Fund ETF
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IWO |
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News |
PowerRating)
iShares S&P SmallCap 600 Index ETF
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IJR |
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News |
PowerRating)
iShares Russell 2000 Value Index Fund ETF
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IWN |
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Chart |
News |
PowerRating)
iShares Dow Jones Select Dividend Index Fund ETF
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DVY |
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News |
PowerRating)
ProShares Ultra Russell 2000 ETF
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UWM |
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News |
PowerRating)
iShares Russell 2000 Index Fund ETF
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IWM |
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News |
PowerRating)
PowerShares Water Resource Portfolio ETF
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PHO |
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News |
PowerRating)
Utilities Select Sector SPDRS ETF
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XLU |
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News |
PowerRating)
iShares S&P SmallCap 600/Barra Value Index Fund ETF
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IJS |
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PowerRating)
iShares S&P U.S. Preferred Stock Index Fund ETF
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PFF |
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PowerRating)
SPDRs S&P 500 Trust Series ETF
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SPY |
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PowerRating)
iShares S&P 500/Barra Growth Index Fund ETF
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IVW |
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PowerRating)
Vanguard Value ETF
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VTV |
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PowerRating)
Vanguard Large Cap ETF
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VV |
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PowerRating)
iShares Russell 1000 Index Fund ETF
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IWB |
Quote |
Chart |
News |
PowerRating)
ProShares UltraShort S&P 500 ETF
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SSO |
Quote |
Chart |
News |
PowerRating)
iShares Russell 1000 Value Index Fund ETF
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IWD |
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Chart |
News |
PowerRating)
Oversold ETF of the Day – iShares MSCI Brazil Index ETF – EWZ
In High Probability ETF Trading you can learn strategies to enhance your ETF trading. Trading overbought and oversold markets is just one quantifiable strategy for trading ETFs — click here to learn more.
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