Below is my list of ETFs with the most liquid options for the week of May 9.
Here are the various levels I use to determine if an ETF is in an oversold or overbought state.
Very Overbought – a reading greater than or equal to 90.0
Overbought – greater than or equal to 75.0
Neutral – between 20.0 and 75.0
Oversold – less than or equal to 20.0
Very Oversold – less than or equal to 10.0
I will provide this information for the following ETFs on a weekly basis going forward. Stay tuned!