Most Overbought
The following ETFs are the most overbought for Wednesday, March 17, 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!
^IEF^
^TLT^
^SHY^
^UDN^
^FXE^
Overbought ETF of the Day – iShares Barclays 7-10 Treasury Bond Fund – IEF
Most Oversold
The following ETFs are the most oversold for Wednesday, March 17, 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!
^UUP^
Oversold ETF of the Day – PowerShares DB U.S. Dollar Index Bullish ETF – UUP
