TradingMarkets Most Overbought and Oversold ETFs for Wednesday
Most Overbought
The following ETFs are the most overbought for Wednesday, April 22, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for pre-order.
SPDRS Homebuilders ETF
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XHB |
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Oil Services HOLDRs
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iShares MSCI Taiwan Index ETF
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EWT |
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Overbought ETF Chart of the Day – iShares MSCI Taiwan Index ETF – EWT
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Most Oversold
The following ETFs are the most oversold for Wednesday, April 22, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for pre-order.
iShares Barclays Aggregate Bond Index ETF
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iShares Barclays 20+ Year Treasury Bond Index ETF
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TLT |
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iShares Barclays TIPS Bond Index ETF
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TIP |
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ProShares Short S&P 500 ETF
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SH |
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Oversold ETF Chart of the Day – ProShares Short S&P 500 ETF – SH
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