From our daily ETF Trends report over at Bespoke Premium, below we highlight the key ETFs that are trading the farthest above and below their 50-days at the moment. As shown, fixed income and gold dominate the list of the most overbought ETFs, while European ETFs dominate the list of the most oversold ETFs. There are a few US equity related ETFs on the overbought list. These include Utilities (XLU), the Nasdaq 100 (QQQ), Retail (RTH), and the Semi (SMH).
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