TradingMarkets Most Overbought and Oversold ETFs for Wednesday

By | TradingMarkets.com | April 21, 2009 05:30 PM
Symbols: AGG, OIH, TLT, EWT, XHB

Most Overbought


The following ETFs are the most overbought for Wednesday, April 22, 2009 and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for pre-order.


SPDRS Homebuilders ETF ( XHB | Quote | Chart | News | PowerRating)

Oil Services HOLDRs ( OIH | Quote | Chart | News | PowerRating)

iShares MSCI Taiwan Index ETF ( EWT | Quote | Chart | News | PowerRating)


Overbought ETF Chart of the Day - iShares MSCI Taiwan Index ETF - EWT


EWT Chart


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Most Oversold


The following ETFs are the most oversold for Wednesday, April 22, 2009, and are due for a short term reversal. This analysis is based on research published in the book, High Probability ETF Trading, now available for pre-order.


iShares Barclays Aggregate Bond Index ETF ( AGG | Quote | Chart | News | PowerRating)

iShares Barclays 20+ Year Treasury Bond Index ETF ( TLT | Quote | Chart | News | PowerRating)

iShares Barclays TIPS Bond Index ETF ( TIP | Quote | Chart | News | PowerRating)

ProShares Short S&P 500 ETF ( SH | Quote | Chart | News | PowerRating)


Oversold ETF Chart of the Day - ProShares Short S&P 500 ETF - SH


SH Chart


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Original publication: April 21, 2009

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