TradingMarkets Most Overbought and Oversold ETFs for Thursday

By | TradingMarkets.com | April 22, 2009 04:57 PM

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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Original publication: April 22, 2009

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