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TradingMarkets Most Overbought and Oversold ETFs for Friday

  • By David Penn
  • On 4:13 pm EST, Thursday November 5, 2009

Most Overbought

The following ETFs are the most overbought for Friday, November 6, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading.

PowerShares DB U.S. Dollar Index Bullish Fund ETF (NYSE:UUP - News)

Overbought ETF of the Day - PowerShares DB U.S. Dollar Index Bullish Fund ETF - UUP

Most Oversold

The following ETFs are the most oversold for Friday, November 6, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading.

SPDR Barclays 1-3 Month T-Bill ETF (NYSE:BIL - News)
PowerShares DB Agriculture Fund ETF (NYSE:DBA - News)

Oversold ETF of the Day - SPDR - PowerShares DB Agriculture Fund ETF - DBA

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