Please know that this is the final edition of TradingMarkets Most Overbought and Oversold ETFs. All our newsletters are being consolidated into a pair of exciting new products, the TradingMarkets High Probability Trading Weekly newsletter and the Ultimate PowerRatings Trading Weekly newsletter.
Most Overbought
The following ETFs are the most overbought for Monday, April 19, 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 FTSE/Xinhua China 25
(FXP)
iShares Barclays 7-10Yr Treasury Bond Fund
(IEF)
ProShares UltraShort Real Estate
(SRS)
ProShares UltraShort MSCI Emerging Markets
(EEV)
PowerShares DB Gold Double Short Exchange Traded Note
(DZZ)
ProShares UltraShort Financials
(SKF)
iShares Barclays 20+Yr Treasury Bond Fund
(TLT)
ProShares UltraShort S&P 500
(SDS)
ProShares Short S&P 500
(SH)
ProShares UltraShort Oil & Gas
(DUG)
^DXD
Overbought ETF of the Day - iShares Barclays 1-3 Year Treasury Bond Fund - SHY
Most Oversold
The following ETFs are the most oversold for Monday, April 19, 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!
HOLDRS Pharmaceutical
(PPH)
Market Vectors Agribusiness ETF
(MOO)
PowerShares Preferred Portfolio
(PGX)
Health Care Select Sector SPDR Fund
(XLV)
PowerShares Financial Preferred Portfolio
(PGF)
Utilities Select Sector SPDR Fund
(XLU)
Market Vectors Gold Miners ETF
(GDX)
iShares FTSE/Xinhua China 25 Index Fund
(FXI)
iShares MSCI South Africa Index Fund
(EZA)
iShares Silver Trust
(SLV)
SPDR S&P Metals & Mining ETF
(XME)
iShares MSCI Hong Kong Index Fund
(EWH)
iShares Dow Jones U.S. Basic Materials Sector Index Fund
(IYM)
Market Vectors Steel ETF
(SLX)
Materials Select Sector SPDR Fund
(XLB)
ProShares Ultra Basic Materials
(UYM)
iShares S&P Latin American 40 Index Fund
(ILF)
Claymore/BNY BRIC ETF
(EEB)
iPath MSCI India Index ETN
(INP)
SPDR Dow Jones REIT ETF
(RWR)
ProShares Ultra Real Estate
(URE)
iShares Dow Jones U.S. Real Estate Index Fund
(IYR)
iShares Cohen & Steers Realty Majors Index Fund
(ICF)
Market Vectors Coal ETF
(KOL)
iShares MSCI Canada Index Fund
(EWC)
Oversold ETF of the Day - Market Vector Agribusiness ETF - MOO
