TradingMarkets Most Overbought and Oversold ETFs for Wednesday

• March 30, 2010
• David Penn

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

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