Most Overbought
The following ETFs are the most overbought for Monday, January 25, 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.
iShares Barclays 1-3Yr Treasury Bond Fund
(SHY)
ProShares UltraShort Oil & Gas
(DUG)
ProShares UltraShort Financials
(SKF)
ProShares UltraShort Dow 30
(DXD)
ProShares UltraShort Basic Materials
(SMN)
ProShares UltraShort S&P 500
(SDS)
ProShares Short S&P 500
(SH)
ProShares UltraShort MSCI Emerging Markets
(EEV)
ProShares UltraShort QQQ
(QID)
ProShares UltraShort Real Estate
(SRS)
PowerShares DB Gold Double Short Exchange Traded Note
(DZZ)
iShares Barclays 7-10Yr Treasury Bond Fund
(IEF)
ProShares Short Russell 2000
(RWM)
ProShares UltraShort Russell 2000
(TWM)
ProShares UltraShort FTSE/Xinhua China 25
(FXP)
United States Natural Gas Fund
(UNG)
iShares Barclays 20+Yr Treasury Bond Fund
(TLT)
Overbought ETF of the Day - ProShares UltraShort Oil & Gas ETF - DUG
Most Oversold
The following ETFs are the most oversold for Monday, January 25, 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 iBoxx $ High Yield Corporate Bond Fund
(HYG)
iShares MSCI Canada Index Fund
(EWC)
iShares MSCI Taiwan Index Fund
(EWT)
iShares Dow Jones Transportation Average Index Fund
(IYT)
iShares S&P U.S.Preferred Stock Index Fund
(PFF)
SPDR Lehman High Yield Bond ETF
(JNK)
iShares S&P GSCI Commodity-Indexed Trust
(GSG)
ELEMENTS Rogers International Commodity Index Total Return
(RJI)
iShares MSCI Germany Index Fund
(EWG)
ProShares Ultra Oil & Gas
(DIG)
iShares Dow Jones U.S. Energy Sector Index Fund
(IYE)
iShares S&P Europe 350 Index Fund
(IEV)
Market Vectors Coal ETF
(KOL)
Energy Select Sector SPDR Fund
(XLE)
iShares Dow Jones U.S. Telecommunications Sector Index Fund
(IYZ)
iShares MSCI EMU Index Fund
(EZU)
ProShares Ultra Semiconductors
(USD)
HOLDRS Oil Services Trust
(OIH)
HOLDRS Semiconductor
(SMH)
PowerShares DB Commodity Index Tracking Fund
(DBC)
PowerShares Water Resources Portfolio
(PHO)
iShares MSCI Brazil Index Fund
(EWZ)
Financial Select Sector SPDR Fund
(XLF)
Market Vectors Agribusiness ETF
(MOO)
Oversold ETF of the Day - iShares iBoxx High Yield Corporate Bond ETF - HYG
