August 17, 2017

Overbought-Oversold Readings

Here are the overbought/oversold readings. I will be back later this evening with a post. Stay tuned!

Overbought-Oversold levels for October 29, 2008

ETF Extremes Options Trading Strategy

* S&P 500 (SPY) – 55.3 (neutral)
* Dow Jones (DIA) – 53.2 (neutral)
* Russell 2000 (IWM) – 44.1 (neutral)
* NASDAQ 100 (QQQQ) – 55.8 (neutral)

Sector ETF Extremes Options Strategy

* Biotech (IBB) – 54.0 (neutral)
* Consumer Discretionary (XLY) – 55.7 (neutral)
* Health Care (XLV) – 49.1 (neutral)
* Financial (XLF) – 56.5 (neutral)
* Energy (XLE) – 56.3 (neutral)
* Industrial (XLI) – 51.3 (neutral)
* Materials (XLB) – 53.4 (neutral)
* Real Estate (IYR) – 42.4 (neutral)
* Retail (RTH) – 60.9 (neutral)
* Utilities (XLU) – 50.5 (neutral)

Ultra Extremes (Insiders Page Only)

* Ultra Long (SSO) – 49.5 (neutral)
* Ultra Short (SDS) – 43.6 (neutral)

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