The following ETFs are the most overbought for Wednesday, November 25, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading.

iShares Barclays 20+ Year Treasury Bond Fund ETF (NYSE:TLT - News)
iShares Barclays 7-10 Year Treasury Bond Fund ETF (NYSE:IEF - News)
ProShares UltraShort Real Estate ETF (NYSE:SRS - News)

Overbought ETF of the Day - iShares Barclays 20+ Year Treasury Bond Fund ETF - TLT

Most Oversold

The following ETFs are the most oversold for Wednesday, November 25, 2009 and are due for a short term reversal. This analysis is based on research published in Larry Connors' new book, High Probability ETF Trading.

iShares Dow Jones U.S. Broker-Dealer Index Fund ETF (NYSE:IAI - News)
United States Oil Fund ETF (NYSE:USO - News)
iPath S&P Goldman Sachs Crude Oil Trust Index ETN (NYSE:OIL - News)
ELEMENTS / Rogers International Commodity Index - Agriculture Total Return ETN (NYSE:RJA - News)
ELEMENTS / Rogers International Commodity Index - Total Return ETN (NYSE:RJI - News)

PowerShares DB Oil Fund ETF (NYSE:DBO - News)
iShares S&P GSCI Commodity Indexed Trust ETF (NYSE:GSG - News)
iPath Dow Jones - AIG Commodity Index Total Return ETN (NYSE:DJP - News)
PowerShares DB Agriculture Fund ETF (NYSE:DBA - News)
PowerShares DB Commodity Index Tracking ETF (NYSE:DBC - News)

SPDR S&P Retail ETF (NYSE:XRT - News)
PowerShares Wilderhill Clean Energy Portfolio ETF (NYSE:PBW - News)
iShares Cohen & Steers Realty Majors Index Fund ETF (NYSE:ICF - News)
iShares Dow Jones U.S. Home Construction Index Fund ETF (NYSE:ITB - News)

Oversold ETF of the Day - United States Oil Fund ETF - USO

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