TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, February 3, 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!
^FXI^
^RJA^
^UNG^
^DBA^
^IAI^
Overbought ETF of the Day – ELEMENTS / Rogers International Commodity Index – Agriculture Total Return ETN – RJA
Most Oversold
The following ETFs are the most oversold for Wednesday, February 3, 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!
^EWT^
^KRE^
Oversold ETF of the Day – iShares MSCI Taiwan Index Fund ETF – EWT
