The New Year’s rally has pushed a number of major Asia funds into overbought territory heading into midweek.
TradingMarkets Most Overbought and Oversold ETFs for Friday
This week’s most overbought and oversold ETFs for Friday’s trading includes a long list of select funds including the iShares S&P Latin America 40 Index ETF, ILF.
TradingMarkets 7 ETFs You Need To Know for Friday
Although U.S. equity index ETFs gained on Thursday, a number of country-based exchange-traded funds continued to move deeper into oversold territory above the 200-day moving average. Among them was the iShares MSCI Brazil Index Fund ETF, EWZ.
TradingMarkets Most Overbought and Oversold ETFs for Thursday
Exchange-traded funds favored the overbought side of the line today as the market swung bullish following Tuesday’s sell-offs. Among the most oversold ETF funds to watch for Thursday’s trading, we highlight the iPath S&P Goldman Sachs Crude Oil Trust Index ETF, OIL.
TradingMarkets 7 ETFs You Need To Know for Thursday
Contrasting Tuesday’s aggressive selling action, buyers entered the market in force Wednesday pushing health care related ETFs like the Vanguard Health Care Fund, VHT, higher by trading day’s end.
TradingMarkets 7 ETFs You Need to Know for Wednesday
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.
TradingMarkets 7 ETFs You Need to Know for Monday
Selling pressure has moved from technology to the financials as exceptionally overbought ETFs like the ProShares Ultra Financials ETF, UYG pulled back by well over 1% to finish the week. By contrast, the ProShares Ultra Technology ETF, ROM fared much better.
TradingMarkets 7 ETFs You Need to Know for Friday
Semiconductors, as represented by exchange-traded funds like the Semiconductor HOLDRS ETF, SMH, joined the pullback in the broader technology sector on Thursday. Exchange-traded funds like the Technology Select Sector SPDRS ETF, XLK, noted in yesterday’s 7 ETFs You Need to Know, retreated deeper into oversold territory above the 200-day moving average.
TradingMarkets 7 ETFs You Need to Know for Wednesday
Day two of 2010’s trading saw the rise of PowerShares QQQ Trust ETF, QQQQ into overbought territory, placing it firmly on our list of exchange traded funds to watch for Wednesday’s trading.
High Probability ETF Trading: Now in Paperback!
New release – Larry Connors’ best-selling book High Probability ETF Trading is now available in softcover edition. Order now and find out why this is one of the more important trading books of 2009.
TradingMarkets.com supplies active traders with the education and tools they need to make trades based on data - not emotion and delivers content, tools, data, and trading systems aligned with the proprietary trading methodologies developed by Connors Research.
