Most Overbought
The following ETFs are the most overbought for Tuesday, January 26, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading - now in paperback!
ProShares Short Russell 2000
(RWM)
ProShares UltraShort Russell 2000
(TWM)
PowerShares DB Gold Double Short Exchange Traded Note
(DZZ)
ProShares UltraShort Dow 30
(DXD)
ProShares UltraShort Real Estate
(SRS)
ProShares UltraShort Financials
(SKF)
ProShares UltraShort QQQ
(QID)
Overbought ETF of the Day - ProShares Short Russell 2000 Index ETF - RWM
Most Oversold
The following ETFs are the most oversold for Tuesday, January 26, 2010 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading - now in paperback!
PowerShares Financial Preferred Portfolio
(PGF)
iShares S&P U.S.Preferred Stock Index Fund
(PFF)
Market Vectors Gold Miners ETF
(GDX)
iShares MSCI Brazil Index Fund
(EWZ)
iShares Dow Jones U.S. Home Construction Index Fund
(ITB)
iShares MSCI Mexico Investable Market Index
(EWW)
PowerShares DB Agriculture Fund
(DBA)
iShares Nasdaq Biotechnology Index Fund
(IBB)
iShares S&P Latin American 40 Index Fund
(ILF)
PowerShares DB Base Metals Fund
(DBB)
Claymore/BNY BRIC ETF
(EEB)
iPath MSCI India Index ETN
(INP)
iShares Russell 2000 Growth Index Fund
(IWO)
iShares Silver Trust
(SLV)
iShares Russell 2000 Index Fund
(IWM)
iShares Cohen & Steers Realty Majors Index Fund
(ICF)
Market Vectors Steel ETF
(SLX)
Vanguard Small-Cap ETF
(VB)
iShares MSCI Canada Index Fund
(EWC)
Health Care Select Sector SPDR Fund
(XLV)
iShares S&P Mid Cap 400 Index Fund
(IJH)
SPDR Gold Shares
(GLD)
ProShares Ultra Russell 2000
(UWM)
PowerShares Water Resources Portfolio
(PHO)
ELEMENTS Rogers International Commodity Index Agriculture Total Return
(RJA)
Oversold ETF of the Day - Market Vectors Gold Miners ETF - GDX
