Many stocks and indices are now oversold or moderately oversold.

YI: -2

To buy: GFI, HUI index, MSO, XAU hourly, and the XAU daily.
Possible bottom here: ALEX, BCON, BMS, FCX, GG, and X
Trying to bottom out now: AEM, AMZN, ASA, CAKE, CHK, DELL, EBAY, ECA, EMC, EWA, EWJ, June Gold, GYMB, HIT, IDA, IFX, INTC, KMX, MER, MRVL, MU, N, NOK, RAI, SMTC, SU, TZOO, USU, the XNG index, and XRX
Extremely oversold here: ARM, BGO, GM, IBM, and KLIC
Oversold now: AAPL, AMAT, AMCC, CAT, DD, DJ, DJ-30, E-MINI 500, EWC, FLEX, IIX index, KGC, MAT, NSC, QLGC, RFMD, SYMC, VRTS, and VIGN
Moderately oversold now: AA, ADP, AMN, BKX index, BR, CTXS, DBLE, DO, ENER, EOG, EWG, EWP, GR, HMC, INTU, IRF, IWM, MCD, MDC, NDX index, NSM, OEX index, PBI, PDE, PLT, PNRA, PPG, 4Q, RDC, RIG, SCH, SFY, SMH, SNE, S&P-500, SUN, TRF, VXO, VZ, WGII, WMB, WTS, WY, XCI index, XLK, and XMSR
Trying to hold some rising trend line support: ACAS, FTO, OXY, and SFP
Trying to hold horizontal trend line support: PCL
Trying to hold some falling trend line support: AMN, BPOP, CGI, CMI, CPN, DVY, DYN, ELY, GPC, IYM, JNPR, MOT, PMCS, Q, ROV, and SFY
Trying to hold the 28 DMA: BA, BKS, CBK, GOOG, MAY, SEE, SKS, TXU, UTY index, WDC, and YCC
To hold for now: RMBS and SUNW
Trying to break above some falling trend line resistance: ABY, CDE, HMY, JDSU, and MSCC
Moderately overbought now: CCC
Overbought now: DRG index.
Anything posted here may beway off base of course.