Most Overbought
The following ETFs are the most overbought for Wednesday, February 10, 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!
^SRS^
^RJA^
^UDN^
^USO^
^FXE^
^DBO^
^FXI^
^OIL^
^IYZ^
^VEA^
Overbought ETF of the Day – ProShares UltraShort Real Estate ETF – SRS
Most Oversold
The following ETFs are the most oversold for Wednesday, February 10, 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!
^TIP^
^LQD^
^VNQ^
^IYR^
^ICF^
^URE^
^RWR^
Oversold ETF of the Day – iShares Barclays TIPS Bond Fund ETF – TIP