Daily Update:

YI: +5

A possible bottom in this area: BBBY
Moderately oversold at this level: AMZN
Now trying to hold some rising trend line support: AEM, AU, CTXS, GFI, GT, and WGII
Now attempting to hold some falling trend line support: EMC and INTU
Attempting to hold the 28 DMA at this point: ARM, BMY, AA, and SBUX
To no position for now: RHAT
Now trying to break above some falling trend line resistance: CHK, EOG, and TTH
Attempting to break above the 28 DMA here: JNPR
Now up against some rising trend line resistance: LSS, the OEX index, and WY
Moderately overbought here: CLF, ELY, NTES, NXL, SFY, TASR, WMB, and XMSR
Overbought now: ACF, GYMB, JWN, and WTS
A possible top at this point: GRZ, IWM, OXY, PBY, PLT, RIG, RNR, SIFY, STX, SUN, USU, and the XNG index.
A break out in either direction is on the way: ECA and the XAU hourly.
And as is always the case of course, anything posted here may be more or less off base depending on market conditions and other factors.