This week’s most overbought and oversold ETFs for Wednesday’s trading includes a healthy list of ETFs on both sides of the market line. Among them is the PowerShares Commodity Index Tracking ETF, DBC.
Oversold conditions were sparked across the board by aggressive selling during Tuesday’s trading. The iShares Russell 2000 Index Fund ETF, IWM was among those particularly affected by the torrent of selling pressure, closing lower for the second consecutive day.
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