Special to Most Overbought and Oversold ETFs
New Leveraged ETF Trading Strategies!
Become a successful Leveraged ETF trader with TradingMarkets Leveraged ETF Trading Course taught by Larry Connors.
Master trading strategies for popular Leveraged ETFs like TNA, TZA, FAS, FAZ, ERY, ERX, SSO, SDS, and the many other 2x and 3x ETFs.
Learn Larry's primary Leveraged ETF strategy which has been 89.72% correct in simulated trading in all liquid leveraged ETFs since 2006.
As a special bonus, this course will also include a section on how to trade options on Leveraged ETFs.
Join Larry Connors for the free online presentation about TradingMarkets Leveraged ETF Trading Course on Thursday, February 4th at 4:30 p.m. EST.
Click here to attend the free presentation..
Most Overbought
The following ETFs are the most overbought for Monday, February 1, 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 UltraShort Basic Materials
(SMN)
ProShares UltraShort Oil & Gas
(DUG)
ProShares UltraShort MidCap 400
(MZZ)
ProShares UltraShort MSCI Emerging Markets
(EEV)
PowerShares DB Gold Double Short Exchange Traded Note
(DZZ)
ProShares UltraShort QQQ
(QID)
ProShares Short QQQ
(PSQ)
ProShares Short S&P 500
(SH)
iShares Barclays 20+Yr Treasury Bond Fund
(TLT)
ProShares UltraShort S&P 500
(SDS)
ProShares Short Dow 30
(DOG)
ProShares UltraShort Dow 30
(DXD)
iShares Barclays 1-3Yr Treasury Bond Fund
(SHY)
ProShares Short Russell 2000
(RWM)
ProShares UltraShort Russell 2000
(TWM)
iShares Barclays 7-10Yr Treasury Bond Fund
(IEF)
ProShares UltraShort Real Estate
(SRS)
ProShares UltraShort FTSE/Xinhua China 25
(FXP)
Overbought ETF of the Day - ProShares UltraShort Oil & Gas ETF - DUG
Most Oversold
The following ETFs are the most oversold for Monday, February 1, 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 MSCI Brazil Index Fund
(EWZ)
PowerShares DB Base Metals Fund
(DBB)
Market Vectors Steel ETF
(SLX)
iShares MSCI Canada Index Fund
(EWC)
SPDR S&P Metals & Mining ETF
(XME)
iPath Dow Jones-AIG Commodity Index Total Return ETN
(DJP)
Claymore/BNY BRIC ETF
(EEB)
Market Vectors Agribusiness ETF
(MOO)
iShares Silver Trust
(SLV)
PowerShares Water Resources Portfolio
(PHO)
iShares Dow Jones U.S. Basic Materials Sector Index Fund
(IYM)
Energy Select Sector SPDR Fund
(XLE)
SPDR S&P Oil & Gas Exploration & Production ETF
(XOP)
iShares S&P North American Natural Resources Index Fund
(IGE)
ProShares Ultra Basic Materials
(UYM)
iShares S&P U.S.Preferred Stock Index Fund
(PFF)
ProShares Ultra Oil & Gas
(DIG)
Materials Select Sector SPDR Fund
(XLB)
iShares Dow Jones U.S. Energy Sector Index Fund
(IYE)
Market Vectors Coal ETF
(KOL)
HOLDRS Oil Services Trust
(OIH)
iShares S&P Mid Cap 400 Index Fund
(IJH)
iShares MSCI South Korea Index Fund
(EWY)
iShares MSCI Japan Index Fund
(EWJ)
SPDR Mid Cap 400
(MDY)
Oversold ETF of the Day - iShares MSCI Brazil Index Fund - EWZ
