TradingMarkets Most Overbought and Oversold ETFs for Wednesday

By | TradingMarkets.com | November 24, 2009 05:30 PM
Symbols: USO, TLT, SRS, IAI, IEF

Most Overbought


The following ETFs are the most overbought for Wednesday, November 25, 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 20+ Year Treasury Bond Fund ETF ( TLT | Quote | Chart | News | PowerRating)

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

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


Overbought ETF of the Day - iShares Barclays 20+ Year Treasury Bond Fund ETF - TLT


TLT Chart


Most Oversold


The following ETFs are the most oversold for Wednesday, November 25, 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 Dow Jones U.S. Broker-Dealer Index Fund ETF ( IAI | Quote | Chart | News | PowerRating)

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

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

ELEMENTS / Rogers International Commodity Index - Agriculture Total Return ETN ( RJA | Quote | Chart | News | PowerRating)

ELEMENTS / Rogers International Commodity Index - Total Return ETN ( RJI | Quote | Chart | News | PowerRating)


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

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

iPath Dow Jones - AIG Commodity Index Total Return ETN ( DJP | Quote | Chart | News | PowerRating)

PowerShares DB Agriculture Fund ETF ( DBA | Quote | Chart | News | PowerRating)

PowerShares DB Commodity Index Tracking ETF ( DBC | Quote | Chart | News | PowerRating)


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

PowerShares Wilderhill Clean Energy Portfolio ETF ( PBW | Quote | Chart | News | PowerRating)

iShares Cohen & Steers Realty Majors Index Fund ETF ICF|ICF]

iShares Dow Jones U.S. Home Construction Index Fund ETF ( ITB | Quote | Chart | News | PowerRating)


Oversold ETF of the Day - United States Oil Fund ETF - USO


USO Chart



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Original publication: November 24, 2009

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