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3 Overbought European ETFs For Active Investors
By Devon Layne | February 03, 2012

Related ETFs: EWG / EWI / EWP

Investors may want to keep an eye on these three ETFs in preparation of pullbacks in the near future, according to an article published on Nasdaq’s website.

The iShares MSCI Germany Index Fund (NYSEArca: EWG), iShares MSCI Spain Index Fund ETF (NYSEArca: EWP) and the iShares MSCI Italy Index Fund (NYSEArca: EWI) have each reached overbought levels, as traders regained confidence in the European market in the first month of 2012, the report said.

For the full story, head over to Nasdaq.com.

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