TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, January 6, 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 available in paperback.
^SHY^
^IEF^
^TLT^
^SRS^
Overbought ETF of the Day – iShares Barclays 1-3 Year Treasury Bond Fund ETF – SHY
Most Oversold
The following ETFs are the most oversold for Wednesday, January 6, 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 available in paperback.
^RWR^
^VNQ^
^XLU^
Oversold ETF of the Day – Dow Jones Wilshire REIT SPDRS ETF – RWR
