TradingMarkets Most Overbought and Oversold ETFs for Monday

By | TradingMarkets.com | May 29, 2009 05:16 PM
Symbols: XLP, XLF, SPY, DIA, XLV

Most Overbought


The following ETFs are the most overbought for Monday, June 1, 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.


S&P 500 SPDRS ETF ( SPY | Quote | Chart | News | PowerRating)

Consumer Staples Select Sector SPDRS ETF ( XLP | Quote | Chart | News | PowerRating)

Dow Diamonds ETF ( DIA | Quote | Chart | News | PowerRating)


Financial Select Sector SPDRS ETF ( XLF | Quote | Chart | News | PowerRating)

Health Care Select Sector SPDRS ETF ( XLV | Quote | Chart | News | PowerRating)

Industrial Select Sector SPDRS ETF ( XLI | Quote | Chart | News | PowerRating)


iShares Dow Jones U.S. Real Estate Index ETF ( IYR | Quote | Chart | News | PowerRating)

iShares Russell MidCap Value Index ETF ( IWS | Quote | Chart | News | PowerRating)

iShares Russell 1000 Index ETF ( IWB | Quote | Chart | News | PowerRating)


ProShares Ultra MidCap 400 ETF ( MVV | Quote | Chart | News | PowerRating)

iShares Russell 2000 ETF ( IWM | Quote | Chart | News | PowerRating)

iShares S&P 100 Index ETF ( OEF | Quote | Chart | News | PowerRating)


iShares S&P SmallCap 600 Index ETF ( IJR | Quote | Chart | News | PowerRating)

iShares Dow Jones Transportation Average Index ETF ( IYT | Quote | Chart | News | PowerRating)

PowerShares DB Oil Fund ( DBO | Quote | Chart | News | PowerRating)


Rydex 2x S&P 500 ETF ( RSU | Quote | Chart | News | PowerRating)

United States Oil Fund ( USO | Quote | Chart | News | PowerRating)

ProShares Ultra Basic Materials ETF ( UYM | Quote | Chart | News | PowerRating)


ProShares Ultra Financials ETF ( UYG | Quote | Chart | News | PowerRating)

ProShares Ultra Industrials ETF ( UXI | Quote | Chart | News | PowerRating)

ProShares Ultra S&P 500 ETF ( SSO | Quote | Chart | News | PowerRating)


Utilities Select Sector SPDRS ETF ( XLU | Quote | Chart | News | PowerRating)

Vanguard Health Care ETF ( VHT | Quote | Chart | News | PowerRating)

Vanguard Total Stock Market ETF ( VTI | Quote | Chart | News | PowerRating)


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

Biotech HOLDRs ( BBH | Quote | Chart | News | PowerRating)

Regional Bank HOLDRs ( RKH | Quote | Chart | News | PowerRating)


PowerShares Water Resource Portfolio ( PHO | Quote | Chart | News | PowerRating)

Vanguard Large Cap ETF ( VV | Quote | Chart | News | PowerRating)


Overbought ETF Chart of the Day - iShares Russell Midcap Value Index ETF -IWS


IWS


Most Oversold


The following ETFs are the most oversold for Monday, June 1, 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.


There are no oversold stocks in our database.


Read more about how overbought and oversold ETFs can be quantified. High Probability ETF Trading is a new book that gives investors and traders quantified strategies that have up to a 90% accuracy rate - Click here to learn more..




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Original publication: May 29, 2009

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