TradingMarkets Most Overbought and Oversold ETFs for Thursday

By | TradingMarkets.com | June 03, 2009 05:00 PM
Symbols: XLE, EWZ, EWJ, FXC

Most Overbought


The following ETFs are the most overbought for Thursday, June 4, 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 overbought stocks in our database for Thursday.


Most Oversold


The following ETFs are the most oversold for Thursday, June 4, 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.


Energy Select Sector SPDRS ETF ( XLE | Quote | Chart | News | PowerRating)


CurrencyShares Canadian Dollar Trust ( FXC | Quote | Chart | News | PowerRating)


DB Gold Double Long ETN ( DGP | Quote | Chart | News | PowerRating)


iShares MSCI Brazil Index ETF ( EWZ | Quote | Chart | News | PowerRating)


iShares MSCI Japan Index ETF ( EWJ | Quote | Chart | News | PowerRating)


iShares MSCI Mexico Index ETF ( EWW | Quote | Chart | News | PowerRating)


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


iShares COMEX Gold Trust ETF ( IAU | Quote | Chart | News | PowerRating)


iShares Dow Jones U.S. Oil Equipment & Services Index ETF ( IEZ | Quote | Chart | News | PowerRating)


iShares MSCI Emerging Markets Index ETF ( EEM | Quote | Chart | News | PowerRating)


iShares S&P Latin America 40 Index ETF ( ILF | Quote | Chart | News | PowerRating)


Market Vectors Gold Miners ETF ( GDX | Quote | Chart | News | PowerRating)


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


SPDR Gold Shares ETF ( GLD | Quote | Chart | News | PowerRating)


Oversold ETF Chart of the Day - iShares MSCI Brazil Index ETF - EWZ


EWZ Chart


According to a recent report, eight out of ten securities traded are exchange-traded funds (ETFs). Learn to trade ETFs! Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading.



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Original publication: June 03, 2009

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