There are over 770 ETFs on the U.S. market. Their RSI values give a very good indication of overbought and oversold levels. Here are the top 20 most overbought and most oversold.
You can receive free technical analysis and buy/sell alerts of these stocks for short, medium, amd long terms, sent automatically to you, by entering the ETF symbols in the Technical Trend Analysis Tool, (powered by INO).
Top 20 oversold in the short term (ordered by RSI 7 daily):
Note how the oil ETfs are short-term oversold (as of Dec 11 EOD).
Top 20 Overbought:
Note how utilities and bonds were overbought. Note the junk ETFs is there as well.
For convenience, here are their names and average volumes:
As always, please do your own due dilligence.