Tuesday, November 22, 2005

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.

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