TradingMarkets Most Overbought and Oversold ETFs for Thursday

By | TradingMarkets.com | June 10, 2009 05:40 PM
Symbols: OIL, DIG, USO, SRS

Most Overbought


The following ETFs are the most overbought for Thursday June 11, 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.


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

iPath S&P Goldman Sachs Crude Oil Trust Index ETN ( OIL | Quote | Chart | News | PowerRating)

ProShares Ultra Oil & Gas ETF ( DIG | Quote | Chart | News | PowerRating)

iShares S&P GSCI Commodity Indexed Trust ( GSG | Quote | Chart | News | PowerRating)

ProShares Ultra Short Real Estate ETF ( SRS | Quote | Chart | News | PowerRating)

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

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

iShares Barclays Short Treasury Bond ETF ( SHV | Quote | Chart | News | PowerRating)


Overbought ETF Chart of the Day - iShares S&P GSCI Commodity Indexed Trust - GSG


GSG


Most Oversold


The following ETFs are the most oversold for Thursday, June 11, 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.


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

iShares Dow Jones U.S. Broker Dealers Index ETF ( IAI | Quote | Chart | News | PowerRating)

SPDR KBW Insurance ETF ( KIE | Quote | Chart | News | PowerRating)

Vanguard Dividend Appreciation ETF ( VIG | Quote | Chart | News | PowerRating)

Retail HOLDRs ( RTH | Quote | Chart | News | PowerRating)

iShares Russell 2000 Value Index ETF ( IWN | Quote | Chart | News | PowerRating)

iShares S&P Small Cap 600/Barra Value Index ETF ( IJS | Quote | Chart | News | PowerRating)

ELEMENTS Linked to the Rogers International Commodity Index (Agriculture Total Return) ( RJA | Quote | Chart | News | PowerRating)

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


Oversold ETF Chart of the Day - SPDR KBW Insurance ETF - KIE


KIE


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 10, 2009

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