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 – click here to learn more.
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