This week’s most overbought and oversold ETFs for Monday’s trading includes the iShares Barclays 7-10 Treasury Bond Fund, IEF.

Rough winter weather kept trading at holiday levels on the final trading day of the week. But that didn’t stop a number of exchange-traded funds from earning top ETF PowerRatings ahead of Monday’s open.

This week’s most overbought and oversold ETFs for Friday’s trading includes the iShares Barclays 1-3 Year Treasury Bond Fund, SHY.

U.S. markets reversed intraday after opening significantly lower on Thursday to close near session highs. Relative to the S&P 500 and the Nasdaq 100, the Dow industrials – as represented by the DIA – lagged behind, though just outside oversold territory.

The following ETFs are the most overbought and oversold for Thursday, February 25, 2010 and are due for a short term reversal.

Financials and consumer cyclicals were the major beneficiaries of Wednesday’s rebound from a one-day sell-off that sent a huge number of exchange-traded funds (ETFs) into oversold territory above the 200-day moving average.

Were you waiting for the pullback? If you’re a high probability trader then you probably were, and it came on Tuesday. Among Wednesday’s top ETF PowerRatings spurred by Tuesday’s pullback was the iShares S&P Latin America 40 Index Fund, ILF.

This week’s overbought and oversold ETFs for Tuesday’s trading includes the iPath MSCI India Index ETN, INP.

Buyers were most aggressive in the financial sector, helping the Direxion Daily Financial Bull 3x Shares ETF, FAS rally by more than 3% on Monday. Most of the selling happened in the energy patch, with the SPDRs Select Sector Energy ETF, XLE closing at new short term lows above the 200-day moving average.