August 24, 2017

Short-term Overbought/Oversold Readings for August 28, 2009

I will be back this weekend on some commentary involing the strategies including the Iron Condor this weekend.

Overbought-Oversold levels for August 28, 2009

ETF Extremes Options Trading Strategy

* S&P 500 (SPY) – 76.3 (overbought)
* Dow Jones (DIA) – 71.9  (overbought)
* Russell 2000 (IWM) – 58.8 (neutral)
* NASDAQ 100 (QQQQ) – 69.5 (neutral)

Other ETFs

* Ultra Long (SSO) – 71.2 (overbought)
* Ultra Short (SDS) – 26.7 (oversold)