The modest selling on Thursday did help a number of ETFs gain small ETF PowerRatings and Leveraged ETF PowerRatings upgrades. Here’s a look at those markets earning late session upgrades from 9 to our highest PowerRating of 10.
Here’s a focus on some of those markets that are oversold above the 200-day. These ETF markets include country funds and sector ETFs, as well as, a few leveraged ETFs that high probability traders may want to keep an eye on.
Traders looking for opportunities to take advantage of the overbought conditions that persist in a number of markets especially country ETFs may have some luck with these stocks and ETFs with PowerRatings of 2 or even 1.
These financial and energy stocks have been rebounding over the past few days and may be potential targets for traders looking for stocks to sell short on rallies.
Take a look at these funds in retail and homebuilding that could become attractive candidates to the long side for high probability traders over the next few days.
While country funds are rightfully getting much of the attention as far as top Leveraged ETF PowerRatings funds goes, there are also some commodity funds that are earning significant upgrades, as well. Check out these top rated funds for the next few days.
Learn how to trade ETF funds, like these trio of leveraged ETFs that earned top Leveraged ETF PowerRatings in trading on Tuesday.
Overbought conditions can be found in the energy group today in both stocks and exchange-traded funds alike. High probability traders should keep an eye on these for opportunities over the next few days.
With U.S. markets following through to the upside in trading on Thursday, traders using High Probability ETF Trading Software were able to lock in gains in a number of exchange-traded funds that had become oversold in recent days.
Larry Connors’ Daily Battle Plan is a resource for short term traders, especially traders looking for opportunities to trade short term, mean reversion based strategies in exchange-traded funds. Take a look at how Battle Plan traders locked in gains of more than 6% in one of Brazil’s widely-traded country funds.