Daily Update 4/5/06

YI: +4
Trying to bottom out: TXU and XLU
Moderately oversold: CLF, CY, KMX, and NLY
Trying to hold some rising trend line support: AIG, ENER, EOG, heating oil, GG, JWN, KEA, KGC, silver, NTES, PLT, PNRA, Q, RDC, SNDK, the XAU index, and XMSR
Trying to hold horizontal trend line support: JNPR
Attempting to hold the 28 day moving average: APPB, CBK, GR, GYMB, MAT, PETM, SGP, STMP, TKR, TTH, and TYC
Trying to break above some falling trend line resistance: AMAT, AMD, and CAT
Now up against some rising trend line resistance: NSC
Moderately overbought at this point: AA, ABX, SNE, and THQI
Standard overbought now: EWA, EWJ, and FCX
Extremely overbought: EWQ
A possible top in this area: GRZ
A break out in either direction is on the way: BKS
Anything posted here may be off base.