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TradingMarkets Most Overbought and Oversold ETFs for Wednesday

  • March 16, 2010
  • David Penn

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

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

UUP

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