Thursday was a day of decline for U.S. markets, as the financial and energy sectors saw particularly aggressive selling action ProShares Ultra Financials ETF, UYG slid nearly 1% on the day.
Here are the most overbought and oversold ETFs for Wednesday’s trading, including the iShares Barclays 7-10 Treasury Bond Fund, IEF.
This week’s most overbought and oversold ETFs for Tuesday includes the iShares MSCI Taiwan Index Fund ETF, EWT among several others.
This week’s most overbought and oversold ETFs for Monday’s trading includes the PowerShares Wilderhill Clean Energy Portfolio ETF, PBW.
This week’s most overbought and oversold ETFs for Friday’s trading includes the PowerShares DB U.S. Dollar Index Bearish Fund ETF, UDN.
Thursday marked yet another consecutive gain in US markets, leaving overbought conditions in ETFs like the iShares Russell 2000 ETF, IWM.
Today marks the one-year anniversary of the 2009 bear market low, with the Dow up 61.2%, the S&P 500 up 68%, and the NASDAQ up 84%. Resonant of their leading index gains, technology ETFs led the day’s trading.
This week’s overbought and oversold ETFs you need to know for Tuesday includes an exclusive piece on our latest custom service for leveraged ETF traders.
This week’s most overbought and oversold ETFs for Friday’s trading is full-tilt overbought and includes the iShares MSCI Germany Index Fund ETF, EWG.
The new TradingMarkets Leveraged ETF Course includes a number of new, quantified trading strategies especially geared toward the challenges of trading leveraged ETFs. Join Larry Connors’ free presentation on the TradingMarkets Leveraged ETF Trading Course, TODAY at 4:30 p.m. Eastern.