April 12, 2010

Most Overbought ETF`s

According to TradingMarkets.com these are the most overbought ETF`s:

The following ETFs are the most overbought for Tuesday April 13, 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:

iShares MSCI Spain Index Fund ( EWP)
iShares Barclays 20+Yr Treasury Bond Fund ( TLT)
CurrencyShares Euro Trust ( FXE)
iShares Barclays Short Treasury Bond Fund ( SHV)
iShares Barclays 7-10Yr Treasury Bond Fund ( IEF)
iShares Barclays 1-3Yr Treasury Bond Fund ( SHY)

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