MFE bottoming out?

Daily Update:

YI: +4

Trying to bottom out: MFE
Moderately oversold now: ABS and TASRE
Trying to hold some rising trend line support here: AMTD, BAC, C, CHINA, FBR, IWM, LSS, MMC, the OEX index, PPG, RDC, the S&P-500, THQI, and the XOI index.
Attempting to hold the 28 DMA now: CSTR, CTXS, the Dollar, ELY, TRF, and USU
To no position for now: DELL, EWP, and SNE
To a hold for now: ERICY
Trying to break above some falling trend line resistance here: CSCO
Attempting to break above the 28 DMA at this point: DBLE and SPIR
Now moderately overbought: ENR, MCD, and MSO
Now overbought: BGF, CAKE, PCL, TTH, and X
Up against some rising trend line resistance: VZ
Possible top here: DUK, Gold, HIT, and NEM
A break out in either direction is on the way: GM, LMT, and MTU
And as is always the case of course, anything posted here could be off base due to human error.

Time to short GOOG yet?

Daily Update:

YI: +4

To a buy: SYMC
Trying to hold some rising trend line support: BBBY, BPOP, EWU, GR, MDT, MDU, and SBUX
Trying to hold some falling trend line support: IFX
Attempting to hold the 28 DMA now: ADP and GPC
To no position for now: BPOP, CPB, FBR, KGC, and PMCS
To a hold for now: SGP
Trying to break above some falling trend line resistance: TSS
Attempting to break above the 28 DMA now: LSI
Moderately overbought at this point: AVP, KO, and TXU
Now up against some rising trend line resistance: PCU
Possible top here: AMAT, CHC, CPB, CREE, DVY, INTC, MOT, SMH, SMTC, WDC, XLF, and XLK
Probable top here: AA, the DJ-30, and the E-Mini 500
To a sell: GOOG and the 4Q
Anything posted here may be off base.

BA looks a bit toppy here.

Daily Update:

YI: +5

Moderately oversold now: MFE
Trying to hold some rising trend line support: The BTK index and GPC
To no position for now: AAPL, MAT, NLY, PTR, and YCC
Trying to break above some falling trend line resistance: EWU, MCD and TMO
Attempting to break above the 28 DMA: ENER
Moderately overbought now: ANH, APPB, BR, DO, DVY, EMC, EWD, EWI, EWQ, IRF, JDSU, LSS, MAT, MMC, NFI, NLY, NST, PMCS, TSY, and WTS
Overbought at this point: C, INTC, PHG, RI, WGII, and XLB
Extremely overbought now: AIG, JOSB, RMBS, and WB
Up against some rising trend line resistance here: NOK and NXL
Possible top here: ACAS, ACF, AMTD, BBBY, BHI, the BKX index, EWC, GT, PBY, PLL, RDC, RNR, QCOM, WHR, and XLP
To a sell: BA
A break out in either direction is on the way for the DRG index.
And of course, anything posted here may be more or less off base due to the sometimes imperfect nature of technical analysis...

SYMC may be bottoming out:

Daily Update:

YI : +5 again, so the market is definitely overbought here.

A Possible bottom may be here: SYMC
Moderately oversold now: SKS and TSS
Trying to hold some rising trend line support: CCC, CTXS, DD, HPQ, JCP, NWL, and PLL
To no position for now: ABY, ENR, FTO, GR, and OGE
To hold for now : SPC
Trying to break above some falling trend line resistance: BHI, CHC, DBLE, KO, RHAT, and SPC
Now attempting to break above the 28 DMA: DELL, ECA, and ENR
Moderately overbought now: ABX, BMY, CHINA, CMI, EWC, FTO, GNSS, KGC, MDC, NVLS, OXY, QLGC, SU, X, the XNG index, the XOI index, and YCC
Overbought now: The DJ-30, GT, PPG, Q, RDC, RIG, RIO, and SFY
Extremely overbought now: EBAY, IWM, the OEX index, and the S&P-500
Now up against some rising trend line resistance: GOOG, PCL, TXU, and XLU
A possible top may be here: ALEX, BKS, EOG, GG, HMY, the IIX index, MU, SNA, TKR, and WY
A probable top may be in place: AAPL, the BKX index, IYM, PNRA, and the 4Q
A break out in either direction is on the way: AHO
And as is always the case of course due to the nature of technical analysis work, anything posted here may be a little or way off base depending on market conditions and or human error.

NI seems to be bottoming out...

Daily Update:

YI: +5

Possible bottom here: Heating Oil and NI
Trying to bottom out: IFX
Moderately oversold now: SNDK
Trying to hold some rising trend line support: ABS, ASA, MCRS, and UST
Trying to hold some falling trend line support: SYMC
Attempting to hold the 28 DMA: CGI, MCD, PETM, and THQI
To no position: BCON, MSFT, and RHB
Trying to break above some falling trend line resistance: ALEX, KEA, LSI, PMCS, QLGC, and SLE
Attempting to break above the 28 DMA: HLR and PLT
Moderately overbought now: BGF, BHI, BPOP, CPB, EOG, KMX, LMT, PBY, TRF, TZOO, USU, WOR, and XMSR
Overbought now: GE, IYM, MOT, MRK, MU, SNE, and the VXO
Extremely overbought now: STMP
Up against some rising trend line resistance: AIG, DVY, MER, NFI, and NST
Possible top here: CDE, the HUI index, NSM, OCR, and the XAU index.
And as is always the case of course due to the nature of technical analysis work, anything posted here could be off base a bit or a bit more.

CSCO may be bottoming out...

Daily Update:

YI: +5

To a buy: The XAU hourly at 10 AM yesterday.
Moderately oversold: CSCO
Trying to hold some rising trend line support: CAT, FDP, and MO
Trying to break above some falling trend line resistance: AVP, CMI, EWP, IDA, N, RDC, SU, the XOI index, and YCC
Trying to break above the 28 DMA: EWP, F, and GR
Moderately overbought: MSCC and NSM
Extremely overbought: The BTK index, MRVL, and the XCI index.
Now up against some rising trend line resistance: AMTD, AMZN, BA, BAC, the BKX index, C, CBK, CLF, MU, and SNA
Possible top here: AMZN
A break out in either direction is on the way: OXY, PEG, RHB, and TXU
Anything posted here may be off base.

ENR is trying to bottom out.

Daily Update:

YI: +4.5

To a buy signal: ENR and SGP
Possible bottom here: DBLE, KEA, and PLT
Trying to bootom out now: ARM, and SYMC
Some rising trend line support here: HMY and the VXO
Attempting to hold the 28 DMA: ACAS, AMAT, ERICY, and GT
Trying to break above some falling trend line resistance: DELL, KGC, NVLS, PBY, PEG, RFMD, and WOR
Attempting to break above the 28 DMA here: BHII, CCC, EWI, IRF, and MDC
Moderately overbought now: ACF, BBBY, BMS, CBK, CDE, GG, GLW, HMC, NEM, OGE, PG, RGLD, SFY, SNA, SUN, TYC, VZ, and WDC
Overbought now: ASA, AU, BKS, GFI, Gold the pretty yellow stuff, HIT, the HUI index,
JOSB, MSFT, the 4Q, SEE, SFA, and WHR
Extremely overbought now: The IIX index and INTU
Now up against some rising trend line resistance: X
Possible top here: AEM, CAT, EWJ, FCX, GLW, PCU, PDE, SBUX, SFA, STX, and SWC
Probable top here: IBM and TIE
A break out in either direction is on the way: ALEX and MFE
And as is always the case of course due to the nature of technical analysis work, anything posted here could be off base.

Charts of the day: AAPL:

Daily Update:

YI: +4

To a buy signal: ERICY, EWP, LSI, and SPC
Possible bottom here: ENR, NTES, and SGP
Trying to bottom out now: AVP, DJ, KEA, NI, SPIR, and UST
Oversold at this point: ARM, DBLE, HLR, and RFMD
Moderately oversold: IFX and LYO
Trying to hold some rising trend line support: FBR and PPG
Trying to hold some falling trend line support: F
Attempting to hold the 28 DMA: DVY, GPC, JNPR, and PCL
To no position for now: The IIX index, JCP, MER, the VXO, the YI, and the XAU hourly.
Trying to break above some falling trend line resistance: BR, ENER, EOG, EWC, GM, RIO, WMB, WTS, XLE, and the XNG index.
Attempting to break above the 28 DMA: CHK, OXY, and XMSR
Moderately overbought now: AEM and WY
Overbought now: CAT, HMY, IBM, OCR, the XAU hourly, and the XAU index.
Now up against some rising trend line resistance: AAPL, FCX, PDG, and SBUX
Possible top here: BA and WTZ
To a sell signal: AAPL and the Dollar.
A break out in either direction is on the way: EWQ and TZOO
And of course as is always the case due to the nature of technical analysis, it is possible anything posted here may be off base.

Daily Update Part 2:

To a buy: FTO and PTR
Possible bottom here: LSS
Trying to bottom out: NTES and SPC
Moderately oversold: IDA, UST, and YCC
Trying to hold some rising trend line support: MOT, N, PLT, the 4Q, SLE, SMTC, TSS, TZOO, and VIGN
Trying to hold some falling trend line support: IWM, MAGS, and PBY
Attempting to hold the 28 DMA: MTU, MU, SCH, SNDK, and SNE
To no position for now: FCX and FLEX
Trying to break above some falling trend line resistance: GLW, HMC, JNJ, LMT, OCR, and SUN
Moderately overbought: FDP, JNJ, and MDT
Possible top here: RADN
A break out in either direction is on the way: USU and WTS

Daily Update Part 1

YI: +3

To a buy: The XAU hourly at 10 AM yesterday.
Oversold now: AVP
Trying to hold some rising trend line support here: ACF and the BKX index.
Trying to hold some falling trend line support: ANH
Attempting to hold the 28 DMA: ALEX, APPB, CBK, and CMI
Trying to break above some falling trend line resistance: ECA
Attempting to break above the 28 DMA: AHO and BCON
Moderately overbought now: AMZN, BA, and CREE
Up against some rising trend line resistance here: CREE
Possible top here: CY
A break out in either direction is on the way: CHINA, EWG, and EWI
Anything posted here could be off base of course.

BCON is trying to bottom out here...

Daily Update:

YI: +3

To a buy: BCON
Trying to bottom out: HMC
Moderately oversold: DUK
Trying to hold some rising trend line support: ACAS, BGF, CPB, KMX, MTU, PG, RGLD, UST, WB, and XEL
Trying to hold some falling trend line support: EWP, NI, and SPIR
Attempting to hold the 28 DMA: EWJ, HIT, JDSU, RHAT, and TASR
To no position for now: INTC, KLIC, LU, LVLT, RHB, RMBS, and TE
To a hold for now: HLR
Trying to break above some falling trend line resistance: EWQ
Attempting to break above the 28 DMA: BPOP and CAKE
Moderately overbought now: GE, NSM, PPG, RHB, SSTI, and WTZ
Overbought now: AMD, AMTD, BAC, ELN, LVLT, PDE, RNR, and the S&P-500
Possible top here: AA, AC, AMN, the BTK index, C, the DJ-30, the E-Mini 500, INTU, MRK, the OEX index, PDG, and YHOO
To a sell: FCX, the IIX index, MER, the VXO, and the YI
A break out in either direction is on the way: KO, LSI, and LYO
Anything posted here may be off base.

ECA is trying to bottom out...

Daily Update:

YI: +3.5

Possible bottom here: FTO
Trying to bottom out now: BHI and ECA
Moderately oversold: PEG, SGDE, and WGII
Trying to hold some rising trend line support: ADP, HIT, RADN, and SNE
Attempting to hold the 28 DMA: EMC, MTU, and RIG
To no position for now: GOOG and N
Trying to break above some falling trend line resistance: ACF, CCC, DVY, KEA, KO, the S&P-500, and TZOO
Attempting to break above the 28 DMA: ANH, FBR, GNSS, and HLR
Moderately overbought now: AU, EBF, the HUI index, N, PLL, SMH, SWC, T, TKR, TTH, and the XAU index.
Overbought now: EBAY, the OEX index, PCU, VIGN, and XLF
Extremely overbought now: CLF
Up against some rising trend line resistance at this point: Q and QCOM
Possible top here: ASA, GYMB, IBM, NSC, PCL, SEE, STX, the XCI index, and XLB
To a sell: JCP and the XAU hourly at 11 AM yesterday.
A break out in either direction is on the way: SPIR
Anything posted here may be off base.

Ford should be bottoming out here, or if not, bankruptcy may be on the way...

Daily Update:

YI: +3.5

To a buy signal: The XAU hourly at noon on Friday, and NLY
Possible bottom here: F and GM
Trying to bottom out now: FTO, PLT, PTR, and WMB
Oversold here: ECA and SPC
Moderately oversold at this point: BHI, DO, EOG, LSS, OXY, SU, XLE, and the XOI index.
Trying to hold some rising trend line support here: ALEX, BR, CSCO, PDE, RADN, and TRF
Attempting to hold the 28 day moving average here: AVP, RDC, and RIO
To no position for now: QLGC, SMH, and SNDK
Now trying to break above some falling trend line resistance: ABX, AHO, AMAT, BPOP, CHINA, KMX, MDT, NWL, QLGC, RHB, SFA, TSY, USU, VZ, and WY
Now trying to break above horizontal trend line resistance: DJ-30
Attempting to break above the 28 day moving average: BMY, PMCS, POM, SLE, TYC, and XEL
Moderately overbought now: IFX, the VXO, and XLP
Overbought here: The BKX index and WB
Extremely overbought at this point: MCRS
Now up against some rising trend line resistance: Gold the precious yellow metal.
Possible top here: ELY, INTC, MOT, RAI, RMBS, and THQI
Anything posted here may be off base.

Here are the rest of the TA opinions for today:

Trying to bottom out: XMSR
Trying to hold some rising trend line support: SNA, TLK, and WHR
Now trying to hold some falling trend line support: The XNG index.
Moderately overbought: SNE

DELL is still trying to bottom out...

Daily Update:

YI: +3

Trying to bottom out: DELL, ENER, ENR, NLY, and SGP
Extremely oversold now: GM
Oversold at this point: NTES
Moderately oversold: KEA and PBY
Now trying to hold some rising trend line support: BHI, CAKE, and EWJ
Now attempting to hold the 28 DMA: HPQ
To no position for now: BBBY
Now attempting to break above some falling trend line resistance: AU, CAT, CIEN, CPB, GPC, the OEX index, RI, SEE, and SMH
Trying to break above the 28 DMA: MFE and NEM
Moderately overbought now: AMAT, ASA, GFI, HIT, and HMY
Overbought now: ACAS, MOT, and PHI
Now up against some rising trend line resistance: AIG, Gold, and the S&P-500
To a sell signal: The XAU hourly at noon yesterday.
A break out in either direction is on the way: CREE and POM
More later...
Anything posted here may be off base.

EBAY is short term overbought.

Daily Update:

YI: +2.5

To a buy signal: The XAU hourly at 11 AM yesterday.
Now oversold: ANH
Now moderately oversold: EWP (the moderately overbought opinion of yesterday was a mistake), HAL, HMC, PLT, WMB, WY, and the XNG index.
Trying to hold some rising trend line support here: ARM, BA, BKS, CARS, CBK, CGI, EWQ, GE, IDA, RHAT, and TYC
Now attempting to hold the 28 day moving average: ABS, GLW, MO, PCU, PEG, PPG, UST, and WDC
To a hold for now: BPOP and GR
Now trying to break above some falling trend line resistance: GNSS, JNJ, NVLS, RFMD, and WTZ
Now attempting to break above the 28 day moving average: AMZN, PLUG, and RFMD
Possible top here: CMI, EBAY, MSFT, and XRX
A break out in either direction is on the way: BCON and NFI
Anything posted here may be off base.

GOOG sure looks toppy at this point...

Daily Update:

To a buy signal: FLEX
Possible bottom here: ABX and SYMC
Trying to bottom out here: FDP
Oversold at this point: CHK
Moderately oversold: Gold, FTO and NI
Trying to hold some rising trend line support: CDE, CY, DVY, EWU, KGC, SFA, and YCC
Trying to hold some falling trend line support now: AU, MDC, and TMO
Attempting to hold the 28 day moving average: SWC
To no position for now: RNR
To a hold for now: DELL and SKS
Trying to break above some falling trend line resistance at this point: GR
Attempting to break above the 28 day moving average: The DRG index.
Moderately overbought now: ELN, EWP, IBM, INTC, MSCC, RNR, and SMH
Overbought: The IIX index, RMBS, and the XCI index.
Now up against some rising trend line resistance: EBAY
Possible top here: BAC, DD, the OEX index, the S&P-500, and the Dollar.
Probable top here: CSTR
To a sell signal: BBBY and GOOG
A break out in either direction is on the way: PG and SPC
Anything posted here may be off base.

GM is still trying to bottom out...

Daily Update:

YI: +2

Possible bottom here: GM
Trying to bottom out now: FLEX, JNJ, and SYMC
Extremely oversold at this point: AHO
Moderately oversold now: FDP and LMT
Trying to hold some rising trend line support here: BGO, CMI, EWI, HMC, LSS, PPG, STMP, TIE, WHR, and WTZ
Now trying to hold some falling trend line support: NI and NLY
Now attempting to hold the 28 day moving average: GG and WOR
To no position for now: RI and TASR
To a hold for now: MAT
Trying to break above some falling trend line resistance here: PLUG and the YI
Now attempting to break above the 28 day moving average: AMCC, HIT, IFX, MMC, OGE, TYC, and YCC
Moderately overbought now: AVP, IWM, PHG, STX, TASR, and XLK
Overbought at this point: The BTK index, CAKE, and the Dollar.
Possible top here: AMTD, APPB, CAKE, JWN, MRVL, PNRA, and the 4Q.
A break out in either direction is on the way: CDE, the HUI index, and LYO
Anything posted here may be off base.

Daily Update:

YI: +2

Possible bottom here: BCON
Trying to bottom out now: GM
Oversold now: SYMC
Moderately oversold at this point: NEM
Trying to hold some rising trend line support: DO, EOG, PCL, and XLU
Now attempting to hold the 28 day moving average: VZ
To no position for now: ALEX, AVP, CBK, CMI, DD, PETM, PTR, SMTC, TZOO, and X
Trying to break above some falling trend line resistance here: AVP, Heating Oil, KLIC, MCD, MFE, SU, and TE
Now attempting to break above the 28 day moving average: DJ, ENER, ERICY EWD, INTC, N, NEM, NVLS, SMH, TSS, TZOO, VIGN, and WGII
Moderately overbought now: AA, ALEX, APPB, CBK, the DJ-30, JDSU, the OEX index, PETM, QCOM, the 4Q, RDC, RI, RIG, SFA, SMTC, the S&P-500, and SU
Overbought at this point: DD, INTU, JCP, MU, OCR, and RAI
Extremely overbought: AAPL, PNRA, RHAT, and SBUX
Possible top here: AIG, EWJ, JOSB, and PHI
To a sell signal: SNDK
A break out in either direction is on the way: GFI and HMY
Anything posted here may be off base.

GR bottoming out?

Daily Update:

YI: +2

To a buy signal: GR and HLR
Possible bootom here: LU
Moderately oversold now: JNJ and MFE
Trying to hold some rising trend line support here: FDP, SGDE, SO, TTH, and the VXO
To no position for now: ELY
To hold for now: QLGC
Trying to break above some falling trend line resistance: AMAT, CDE, EBF, Heating Oil, the HUI index, IRF, IWM, MSO, PTR, SLE, XMSR, and YCC
Attempting to break above the 28 day moving average: ABY, ACF, AEM, ANH, CSCO, DBLE, EWI, LSI, LSS, MAT, MDC, NFI, PMCS, QLGC, RGLD, TSY, and WY
Moderately overbought now: AMN, ARM, BGO, BHI, BKS, CGI, CY, EBAY, ELY, EWU, GG, GPC, HAL, HPQ, JNPR, JOSB, the MEX index, MSFT, NOK, NTES, Q, THQI, X, XLB, and XRX
Overbought at this point: AIG, GYMB, MRVL, NSC, and STMP
Now up against some rising trend line resistance: The IIX index and the S&P-500.
Possible top here: AC, AMD, BBBY, BMS, CTXS, FCX, GLW, IYM, MCRS, MTU, PDE, RIO, WHR, and YHOO
A break out in either direction is on the way: CHC, KO, and the XAU index.
Anything posted here may be off base.

TIE topping out?

Daily Update:

YI: +1.5

The XAU hourly went to a buy signal at 10 AM yesterday.
Possible bottom here: AMAT, FBR, GR, NSM, and NVLS
Trying to bottom out here: ABX
Moderately oversold at this point: BA
Trying to hold some rising trend line support here: CHK, EWI, LMT, LVLT, NI, PG, POM, RHB, TXU, and WY
Trying to hold some falling trend line support: AHO, Goldfinger's favorite metal, KLIC, and MSO
Attempting to hold the 28 day moving average: MDT
To a hold for now: RNR
Trying to break above some falling trend line resistance: ASA, BCON, GT, the IIX index, NST, OCR, RI, SFY, SGDE, SSTI, and TKR
Attempting to break above the 28 day moving average:CAT, DUK, PTR, and XLU
Moderately overbought now: JWN and TRF
Overbought now: MCRS
Extremely overbought at this point: GOOG and YHOO
Up against some rising trend line resistance: CTXS
Possible top here: CMI and OXY
Probable top here: TIE
Anything posted here may be off base.

BPOP bottoming out?

Daily Update:

YI: +0.5

To a buy signal: BPOP and MAT
Possible bottom here: ENER
Trying to bottom out now: QCOM and SPIR
Moderately oversold at this point: ABX and Heating Oil.
Trying to hold some rising trend line support: OGE, TSS, and the UTY index.
Trying to hold some falling trend line support: SGP
Attempting to hold the 28 day moving average: ASA
To no position for now: CSTR, DVY, and PLT
Trying to break above some falling trend line resistance here: AMTD, APPB, BGO, CAT, DBLE, GPC, JOSB, MVL, MSCC, NOK, OXY, the 4Q, TLK, XLK, and XRX
Attempting to break above the 28 day moving average: CY, IWM, NST, PG, PHG, PLL, POM, SFA, SKS, SNE, and TE
Moderately overbought now: AMD, API, BMS, CMI, GLW, GT, MOT, MRK, PLT, PPG, RIO, SUN, and UST
Overbought now: EWJ and PDG
Extremely overbought at this point: MER
Now up against some rising trend line resistance: AAPL and SYMC
Possible top here: SCH
To a sell signal: The XAU hourly at 10 AM yesterday.
Anything posted here may be off base.

DELL bottoming out?

Daily Update:

YI: 0

To a buy: DELL, PLL, RNR, SMTC, and TZOO
Possible bottom here: AMZN, GNSS, RFMD, STX, and XMSR
Trying to bottom out now: NSM and SLE
Oversold at this point: AMCC, CSTR, MAT, and SPIR
Moderately oversold: QCOM
Trying to hold some rising trend line support here: HIT
Attempting to hold the 28 DMA: CREE and IBM
To no position now: AAPL and RHAT
Trying to break above some falling trend line resistance: AEM, AMN, CSCO, EWD, F, KMX, RGLD, THQI, TSY, TTH, and X
Attempting to break above the 28 DMA: AVP, CPB, EWU, IDA, WDC, and the XOI index.
Moderately overbought now: BAC, C, IYM, and NXL
Overbought now: AC
Up against some rising trend line resistance here: MO
Possible top here: The BKX index.
A break out in either direction is on the way: The HUI index.
Anything posted here may be off base.