Daily Update:

YI: +4.5

Trying to bottom out at this point: IBM
Now standard oversold: (correction from yesterday) JNPR
Moderately oversold: MDT
Now trying to hold some rising trend line support: ADP, IRF, and the VXO
Attempting to hold the 28 DMA here: DJ, ENER, and FXE
To no position for now: The Dollar and the XAU hourly at 3 PM yesterday.
Now trying to break above some falling trend line resistance: AMZN and the BTK index.
Attempting to break above horizontal trend line resistance: SEE
Attempting to break above the 28 DMA here: AMZN, FDP, and the Dollar.
Attempting to break above the 96 DMA here: The Dollar.
Now up against some rising trend line resistance: AMTD, the DJ-30, IYM, KMX, PTR, the S&P-500, and VZ
Moderately overbought now: CSTR, KO, MTU, PG, and SBUX
Standard overbought at this point: CBK, EWJ, EWQ, GT, PHI, THQI, and TIE
Now extremely overbought: FCX and GRZ
A possible top here: GM, N, PCU, PHI, and TKR
Probable top here: JWN and USU
And as is always the case, anything posted here may be more or less off base.