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
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
