What are the most overbought and oversold ETFs in our database ahead of Tuesday’s trading? Among them the PowerShares Preferred Portfolio ETF is at oversold levels. See what other ETF funds made our list.
The following ETFs are the most overbought and oversold for Monday, January 4, 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.