TradingMarkets Most Overbought and Oversold ETFs for Friday

By | TradingMarkets.com | June 04, 2009 12:00 AM
Symbols: XLF, UYG, IYR, MVV, UXI

Most Overbought


The following ETFs are the most overbought for Friday, June 5, 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.


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

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

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

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

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

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


Overbought ETF Chart of the Day - Financial Select Sector SPDRS ETF - XLF



Most Oversold


The following ETFs are the most oversold for Friday, June 5, 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.


CurrencyShares Japanese Yen Trust ( FXY | Quote | Chart | News | PowerRating)

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

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

CurrencyShares British Pound Sterling Trust ( FXB | Quote | Chart | News | PowerRating)

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

Vanguard Short Term Bond ETF ( BSV | Quote | Chart | News | PowerRating)

Vanguard Total Bond Market ETF ( BND | Quote | Chart | News | PowerRating)

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



In High Probability ETF Trading you can learn strategies to enhance your ETF trading. Trading overbought and oversold markets is just one quantifiable strategy for trading ETFs â€" click here to learn more.





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Original publication: June 04, 2009

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