Signals $ Opinions

Here we can see the NDX is trying to hold on to the 50 day moving average, while at the same time the technical indicators are rating it as moderately oversold. So there is still room for some further decline to a more severe oversold level unless we have a significant rally phase relatively soon. Signals $ Opinions below:

YI: 0 The YI is also indicating the market is moderately oversold here, and attemting to hold off any further decline...
Trying to bottom out now: AMCC and CIEN
Moderately oversold now: AMCC, APPB, and the DRG index.
Now trying to hold some rising trend line support: BHI, EBF, EOG, FTO, Platinum, SGP, SUN, TYC, and the XOI index.
Trying to hold on to horizontal trend line support: BGF
Now trying to hold on to some falling trend line support: VIGND and YAKC
Now attempting to hold the 28 day moving average: NEM, NTES, RGLD, RI, RIG, and SFY
To no position for now: TIE
Now attempting to break above some falling trend line resistance: AMD, CCC, US Dollar, JCP, PCU, PER, PLT, Q, TASR, and YCC
Now attempting to break above the 28 day moving average: ADP, CBK, the OEX index, PBI, and PETM
Now moderately overbought: EELN
Now standard overbought: NSM
Up against rising trend line resistance here: SO
Possible top here: LSI and PEG
And as is always the case of course because of market conditions and or human error, anything posted here may be way off base.