TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, March 31, 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!
^PBW^
^DBA^
^SKF^
Overbought ETF of the Day – PowerShares DB Agriculture Fund ETF – DBA
Most Oversold
The following ETFs are the most oversold for Wednesday, March 31, 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!
^PFF^
^RKH^
^KBE^
^PGX^
^KRE^
^XLF^
^ICF^
^XBI^
^IYF^
Oversold ETF of the Day – iShares S&P U.S. Preferred Stock Index Fund ETF – PFF