TradingMarkets Most Overbought and Oversold ETFs for Monday

By | TradingMarkets.com | July 02, 2009 05:12 PM
Symbols: SKF, QID, SH, SMN, DUG

Most Overbought


The following ETFs are the most overbought for Monday, July 6, 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 order.


ProShares UltraShort Oil & Gas ETF ( DUG | Quote | Chart | News | PowerRating)

ProShares UltraShort Financials ETF ( SKF | Quote | Chart | News | PowerRating)

ProShares Ultrashort Basic Materials ETF ( SMN | Quote | Chart | News | PowerRating)


ProShares UltraShort QQQ ETF ( QID | Quote | Chart | News | PowerRating)

ProShares Short S&P 500 ETF ( SH | Quote | Chart | News | PowerRating)

ProShares UltraShort S&P 500 ETF ( SDS | Quote | Chart | News | PowerRating)


ProShares Short Dow 30 ETF ( DOG | Quote | Chart | News | PowerRating)

ProShares UltraShort Dow 30 ETF ( DXD | Quote | Chart | News | PowerRating)

iShares Barclays 1-3 Year Treasury Bond ETF ( SHY | Quote | Chart | News | PowerRating)


ProShares UltraShort Real Estate etf ( SRS | Quote | Chart | News | PowerRating)

ProShares UltraShort FXSE/Xinhua China 25 Index ETF ( FXP | Quote | Chart | News | PowerRating)

ProShares UltraShort MidCap 400 ETF ( MZZ | Quote | Chart | News | PowerRating)


SPDR Lehman 1-3 Month T-Bill ETF ( BIL | Quote | Chart | News | PowerRating)

ProShares UltraShort Russell 2000 ETF ( TWM | Quote | Chart | News | PowerRating)

ProShares UltraShort MSCI Emerging Markets ETF ( EEV | Quote | Chart | News | PowerRating)


Overbought ETF Chart of the Day - ProShares UltraShort Oil & Gas ETF - DUG


XLB


Most Oversold


The following ETFs are the most oversold for Monday, July 6, 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 order.


Oil Services HOLDRS ETF ( OIH | Quote | Chart | News | PowerRating)

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

iShares Nasdaq Biotechnology Index ETF ( IBB | Quote | Chart | News | PowerRating)


SDPR S&P Metals & Mining ETF ( XME | Quote | Chart | News | PowerRating)

PowerShares QQQ Trust ETF ( QQQQ | Quote | Chart | News | PowerRating)

ProShares Ultra QQQ ETF ( QLD | Quote | Chart | News | PowerRating)


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

SPDR Barclays High Yield Corporate Bond ETF ( JNK | Quote | Chart | News | PowerRating)

Pharmaceutical HOLDRS ( PPH | Quote | Chart | News | PowerRating)


iShares Dow Jones U.S. Basic Materials Index ETF ( IYM | Quote | Chart | News | PowerRating)

iShares Goldman Sachs Natural Resources Index ETF ( IGE | Quote | Chart | News | PowerRating)

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


iShares Dow Jones U.S. Telecommunications Sector Index ETF ( IYZ | Quote | Chart | News | PowerRating)

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

Materials Select Sector SPDRS ETF ( XLB | Quote | Chart | News | PowerRating)


SPDR KBW Capital Markets ETF ( KCE | Quote | Chart | News | PowerRating)

PowerShares Golden Dragon hatler USX China Portfolio ETF ( PGJ | Quote | Chart | News | PowerRating)

iShares S&P Global Energy Sector Index ETF ( IXC | Quote | Chart | News | PowerRating)


iShares MSCI Australia Index ETF ( EWA | Quote | Chart | News | PowerRating)

SPDR S&P Retail ETF ( XRT | Quote | Chart | News | PowerRating)

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


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

iShares S&P 500 Index ETF ( IVV | Quote | Chart | News | PowerRating)

Market Vectors Steel ETF ( SLX | Quote | Chart | News | PowerRating)


Vanguard Growth ETF ( VUG | Quote | Chart | News | PowerRating)


Oversold ETF of the Day - Materials Select Sector SPDRS ETF - XLB


XLB


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..


Original publication: July 02, 2009

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