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TradingMarkets Most Overbought and Oversold ETFs for Monday

By David Penn | TradingMarkets.com
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Most Overbought

The following ETFs are the most overbought for Monday, November 9, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading.

iShares Barclays 7-10 Year Treasury Bond Fund (IEF | Quote | Chart | News | PowerRating)

IEF

Overbought ETF of the Day - iShares Barclays 7-10 Year Treasury Bond Fund - IEF

Most Oversold

The following ETFs are the most oversold for Monday, November 9, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading.

PowerShares DB Agriculture Fund ETF (DBA | Quote | Chart | News | PowerRating)
iPath Dow Jones - AIG Commodity Index Total Return ETN (DJP | Quote | Chart | News | PowerRating)
ELEMENTS / Rogers International Commodity Index - Agriculture Total Return ETN (RJA | Quote | Chart | News | PowerRating)
PowerShares DB Commodity Index Tracking ETF (DBC | Quote | Chart | News | PowerRating)
ELEMENTS / Rogers International Commodity Index - Total Return ETN (RJI | Quote | Chart | News | PowerRating)

iShares S&P GSCI Commodity Indexed Trust ETF (GSG | Quote | Chart | News | PowerRating)
iPath S&P Goldman Sachs Crude Oil Trust Index ETN [OILOIL]
United States Oil Fund ETF (USO | Quote | Chart | News | PowerRating)
PowerShares DB Oil Fund (DBO | Quote | Chart | News | PowerRating)
PowerShares DB Base Metals Fund (DBB | Quote | Chart | News | PowerRating)

Oversold ETF of the Day - iPath Dow Jones - AIG Commodity Index Total Return ETN - DJP

DJP

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