Most Overbought
The following ETFs are the most overbought for Friday, March 12, 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 Wilder Clean Energy Portfolio
(PBW)
PowerShares DB US Dollar Bearish Fund
(UDN)
PowerShares DB Gold Double Short Exchange Traded Note
(DZZ)
Overbought ETF of the Day - PowerShares DB U.S. Dollar Index Bearish Fund ETF - UDN
Most Oversold
The following ETFs are the most oversold for Friday, March 12, 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!
iPath Dow Jones-AIG Commodity Index Total Return ETN
(DJP)
SPDR Gold Shares
(GLD)
PowerShares DB US Dollar Bullish Fund
(UUP)
Vanguard Total Bond Market ETF
(BND)
PowerShares DB Gold Double Long Exchange Traded Note
(DGP)
Market Vectors Agribusiness ETF (MOO)
Oversold ETF of the Day - iPath Dow Jones-AIG Commodity Index Total Return ETN - DJP
