Thursday, February 9, 2006

Here is the rest of the daily chart work for today.

Trying to bottom out: WMB
Extremely oversold: TZOO
Moderately oversold: XLF, XLP, the XNG index, and the XOI index.
Trying to hold some rising trend line support: USU
Attempting to hold the 28 DMA: WGII, WTZ, the XAU index, and XLB
Trying to break above some falling trend line resistance: The XCI index, and XLF
Moderately overbought: WY
All of the previous disclaimers apply to the above work.

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