TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, March 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!
^DZZ^
Overbought ETF of the Day -DB Gold Double Short ETN – DZZ
Most Oversold
The following ETFs are the most oversold for Wednesday, March 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!
^DGP^
^GLD^
^DJP^
^GSG^
Oversold ETF of the Day – DB Gold Double Long ETN – DGP
DB Gold Double Short ETN ^DZZ^
Overbought ETF of the Day -DB Gold Double Short ETN – DZZ
Most Oversold
The following ETFs are the most oversold for Wednesday, March 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!
DB Gold Double Long ETN ^DGP^
SPDR Gold Trust ^GLD^
iPath Dow Jones-AIG Commodity Index Total Return ETN ^DJP^
iShares S&P GSCI Commodity Indexed Trust ETF ^GSG^
Oversold ETF of the Day – DB Gold Double Long ETN – DGP