Most Overbought
The following ETFs are the most overbought for Thursday, April 23, 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)
Industrial Select Sector SPDRS ETF (XLI | Quote | Chart | News | PowerRating)
Semiconductor HOLDRs (SMH | Quote | Chart | News | PowerRating)
iShares Dow Jones Transportation Average ETF (IYT | Quote | Chart | News | PowerRating)
Overbought ETF Chart of the Day - Industrial Select Sector SPDRS ETF - XLI

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Most Oversold
The following ETFs are the most oversold for Thursday, April 23, 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 iBoxx Investment Grade Corporate Bond Index ETF (LQD | Quote | Chart | News | PowerRating)
iShares Barclays 20+ Year Treasury Bond Index ETF (TLT | Quote | Chart | News | PowerRating)
Vanguard Short Term Bond ETF (BSV | Quote | Chart | News | PowerRating)
Oversold ETF Chart of the Day - iShares Barclays 20+ Year Treasury Bond Index ETF - TLT

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