Global ETFs: From Overbought To Oversold

As shown by the red dots that represent where the ETF was trading 5 days ago, markets have come in quite a bit. Most of the global ETFs that were overbought are now at the bottom or below their trading ranges. Tread carefully until we see some stabilization. The best opportunities come when the ETF or stock is at the bottom of its range but to the right (higher) of the red dot (where it was 5 days ago).

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Comments

[Philip Obal:]

Lover your analytics..... Very nice.... Keep up the great work and publish these on a regulary basis.

2007 Mar 02 10:42 AM

[sbhamla:]

great chart..would love to see updates daily...thanks

2007 Mar 02 02:04 PM