Daily Update

YI: +2.5

Trying to bottom out: MDC, SYMC, and TKR
Standard oversold: C, NI, SPC, and XMSR
Moderately oversold: ALEX, the BKX index, CPB, GPC, GYMB, IFX, LSS, MSO, SCHW, SEE, and WMB
Trying to hold some rising trend line support: AIG, AMTD, BBBY, CREE, EWI, EWQ, HIT, Heating Oil, N, NEM, PETM, SNA, STP, TIE, TXU, VIGN, VZ, WGII, XLF, and XLU
Trying to hold horizontal trend line support: AAPL
Trying to hold some falling trend line support: ANH, BAC, and SGP
Attempting to hold the 28 DMA: ABX, CCC, CHC, EWA, EWI, EWJ, IDA, RGLD, SFY, THQI, TSM, USU, WY, XLE, the XNG index, and the XOI index.
Trying to break above some falling trend line resistance: PDE and the VXO
Moderately overbought now: CHINA and SIFY
Standard overbought: SBUX, SPIR, and WHR
Extremely overbought: JOSB and TMO
To a sell: The XAU index at 10 AM on Friday.
A break out in either direction is on the way: CREE and PDE
And as is always the case, anything posted here may be off base.