This week’s most overbought and oversold ETFs for Tuesday’s trading includes the PowerShares Wilderhill Clean Energy Portfolio ETF, PBW.
TradingMarkets 7 ETFs You Need To Know for Thursday
The aggressive selling at midweek created the deepest pullbacks in sectors like energy and basic materials. The ProShares Ultra Oil & Gas ETF, DIG and the Basic Materials Select Sector SPDRS ETF, XLB both moved lower into oversold territory above the 200-day moving average.
TradingMarkets Most Overbought and Oversold ETFs for Wednesday
The following ETFs are the most overbought and oversold for Wednesday, January 20, 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 – now in paperback.
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