TradingMarkets Most Overbought and Oversold ETFs for Friday

By | TradingMarkets.com | December 03, 2009 05:29 PM
Symbols: DOG, SDS, SKF, DXD, DUG

Most Overbought


The following ETFs are the most overbought for Friday, December 4, 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.


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

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

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

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

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


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


SKF


Most Oversold


The following ETFs are the most oversold for Friday, December 4, 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 TIPS Bond ETF ( TIP | Quote | Chart | News | PowerRating)

Vanguard Total Bond Market ETF ( BND | Quote | Chart | News | PowerRating)

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

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

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


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

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

Energy Select Sector SPDRS ETF ( XLE | Quote | Chart | News | PowerRating)

iShares Barclays Aggregate Bond Index ETF ( AGG | Quote | Chart | News | PowerRating)

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


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

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

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

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

Vanguard Energy ETF ( VDE | Quote | Chart | News | PowerRating)


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

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

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

iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund ETF ( IEO | Quote | Chart | News | PowerRating)

S&P Oil & Gas Exploration & Production SPDRS ETF ( XOP | Quote | Chart | News | PowerRating)


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

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

iShares MSCI South Africa Index Fund ETF ( EZA | Quote | Chart | News | PowerRating)

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

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


Oversold ETF of the Day - iShares Barclays TIPS Bond ETF - TIP


TIP


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Original publication: December 03, 2009

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