TradingMarkets Most Overbought and Oversold ETFs for Monday

By | TradingMarkets.com | November 27, 2009 03:30 PM

Most Overbought


The following ETFs are the most overbought for Monday, November 30, 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.


United States Natural Gas Fund ETF ( UNG | Quote | Chart | News | PowerRating)

iShares Barclays 20+ Year Treasury Bond Fund ETF ( TLT | Quote | Chart | News | PowerRating)

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

Dow Jones Wilshire REIT SPDR ETF ( RWM | Quote | Chart | News | PowerRating)

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


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

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

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

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

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


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

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

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

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

ProShares Short QQQ ETF ( PSQ | Quote | Chart | News | PowerRating)


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

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


Overbought ETF of the Day - ProShares UltraShort Financial ETF - SKF


SKF Chart


Most Oversold


The following ETFs are the most oversold for Monday, November 30, 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)

PowerShares Financial Preferred Portfolio ETF ( PGF | Quote | Chart | News | PowerRating)

Market Vectors Russia ETF ( RSX | Quote | Chart | News | PowerRating)

Vanguard Financials ETF ( VFH | Quote | Chart | News | PowerRating)

iShares Dow Jones U.S. Financial Sector Index Fund ETF ( IYF | Quote | Chart | News | PowerRating)


ProShares Ultra Financial ETF ( UYG | Quote | Chart | News | PowerRating)

iShares Dow Jones U.S. Financial Services Index Fund ETF ( IYG | Quote | Chart | News | PowerRating)

iShares iBoxx High Yield Corporate Bond ETF ( HYG | Quote | Chart | News | PowerRating)

Financial Select Sector SPDR ETF ( XLF | Quote | Chart | News | PowerRating)

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


Regional Bank HOLDRS ETF ( RKH | Quote | Chart | News | PowerRating)

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

ProShares Ultra Russelll 2000 ETF ( UWM | Quote | Chart | News | PowerRating)

iShares FTSE/Xinhua China 25 ETF ( FXI | Quote | Chart | News | PowerRating)

KBW Bank SPDRS ETF ( KBE | Quote | Chart | News | PowerRating)


Dow Jones Wilshire REIT SPDR ETF ( RWR | Quote | Chart | News | PowerRating)

iShares S&P Small Cap 600 Index ETF ( IJR | Quote | Chart | News | PowerRating)

Vanguard Small Cap Value ETF ( VBR | Quote | Chart | News | PowerRating)

iShares Russell 2000 Growth Index ETF ( IWO | Quote | Chart | News | PowerRating)

iShares MSCI South Korea Index ETF ( EWY | Quote | Chart | News | PowerRating)


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

iShares MSCI Malaysia Index ETF ( EWM | Quote | Chart | News | PowerRating)

KBW Regional Banking SPDRS ETF ( KRE | Quote | Chart | News | PowerRating)

iShares Dow Jones U.S. Real Estate Index ETF ( IYR | Quote | Chart | News | PowerRating)

Vanguard REIT ETF ( VNQ | Quote | Chart | News | PowerRating)


Oversold ETF of the Day - Vanguard Financials ETF - VFH


VFH Chart



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Original publication: November 27, 2009

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