The majority of the ETFs we track have now moved below their 50-day moving averages. Below is a list of the ones that are the farthest below their 50-days at the moment. As shown, ETFs related to Asian equity markets are at the top of the list, with some European ETFs mixed in as well. SLX (steel) is the most oversold US equity market ETF at 6.20% below its 50-day.
