TradingMarkets Most Overbought and Oversold ETFs for Wednesday

• February 9, 2010
• David Penn

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

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