Tuesday, April 18, 2006

Daily Update 4/18/06

YI: +1.5

Trying to bottom out: MDC and PNRA
Moderately oversold: BAA, ELY, IIT, JOSB, and WB
Now attempting to hold some rising trend line support: ELY, the E-Mini 500, and TZOO
Trying to hold falling trend line support: DELL
Attempting to hold the 28 DMA here: BBBY, NSC, PMCS, and STX
Now trying to break above some falling trend line resistance: CY, HMY, IYM, JCP, RNR, SNDK, SPIR, STP, and VIGN
Attempting to break above the 28 DMA: EWJ, SPIR, and VIGN
Now up against rising trend line resistance: GYMB
Anything posted here may be off base.

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