This week’s most overbought and oversold ETFs for Thursday’s trading includes the Vanguard REIT ETF, VNQ.
When markets become overbought and remain overbought, what should high probability traders do? David Penn says patience is key. Find out why.
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.
The following ETFs are the most overbought for Tuesday, January 5, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors’ new book, High Probability ETF Trading.