Monday, March 15, 2010

The Top Oil and Gold ETFs To Buy and To Sell

Below you find all oil and gold/ precious mining ETFs on the market, ordered by relative strength values. We use the average of the daily, weekly and monthly values.

This provides a very good indication of which ETfs are currently oversold and which oens are overbought.

Oil ETFs

From most oversold to most overbought:


The top oversold ETfs are DUG and DDG (ultra short and short oils cos). The top overbough ETFs are DIG and OIH (ultra long and long oils). Oil is clerly overbought here.

Gold and PM ETFs

From most oversold to most overbought:


The top oversold is ZSL (ultra short silver). The top overbought are PTM (Platinum) and ZME (metals and mining)

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