Friday, June 30, 2006
Daily Update 6/30/06
YI: 0
To a buy: AMD, BBBY, CREE, and ELY
Trying to bottom out: APPB, PBY, PLL, PMCS, SLE, SNDK, STMP, and YCC
Trying to hold some rising trend line support: GYMB and PEG
Trying to hold some falling trend line support: RFMD
Attempting to hold the 28 DMA: HPQ and PNRA
Trying to break above some falling trend line resistance: ARM, AVP, EBAY, ERICY, GE, IDA, LSI, MMC, PHI, PLT, SNE, STX, SVU, TIE, TSY, USU, WDC, and WTS
Trying to break above horizontal trend line resistance: CBK
Attempting to break above the 28 DMA: SWC, THQI, and TSM
Up against some rising trendline resistance: VZ
Moderately overbought: NXL, STP, and WMB
Standard overbought: ECA and INTU
Possible top here for: FBR
A break out in either direction is on the way for: GNSS
Anything posted here may be off base.
Thursday, June 29, 2006
Daily Update 6/29/06
YI: +2.5
To a buy: ALEX, GT, and the XAU hourly.
Possible bottom here: PHI
Trying to bottom out: AMAT, BBBY, EBAY, IBM, NSM, and SMH
Moderately oversold: The BTK index, JNPR, and YCC
Trying to hold some rising trend line support: AEM, BGF, ENR, EWC, IYM, LSS, RIO, SHI, WY, XLB, and XRX
Trying to hold horizontal trend line support: SEE
Trying to hold some falling trend line support: AMTD, CAKE, the DRG index, MOT, QQQQ, and STMP
Attempting to hold the 28 DMA: AHO
To a hold for now: RMBS
Trying to break above some falling trend line resistance: FDP, GLW, the S&P-500, and SU
Attempting to break above the 28 DMA: LYO, MTU, OCR, SUN, and VIGN
Moderately overbought: SFY
Anything posted here may be off base.
Tuesday, June 27, 2006
Daily Update for: 6/28/06
YI: -3
Trying to bottom out: AMD and DJ
Trying to hold some falling trend line support: EMC, MRVL, and SYMC
Trying to break above some falling trend line resistance: ECA, MCRS, MG136, TKR, TYC, and XLE
Attempting to break above the 28 DMA: ABX, BMS, CSTR, DO, EWC, FCX, IYM, MTU, NEM, NFI, PCU, PDE, WGII, WY, and XMSR
Up against some rising trend line resistance: OGE
Moderately overbought: CLG, CMI, ELN, EOG, ERF, FBR, FTO, LSS, N, OXY, X, the XOI index, and YHOO
Standard overbought: KMX
Possible top here: AU
To a sell: The XAU index at noon on the 27th.
A break out in either direction is on the way: ADP and BAC
Anything posted here may be off base.
Monday, June 26, 2006
Daily Update for: 6/27/06
YI: -2
Possible bottom here: SMTC
Trying to bottom out: BKX index, ELY, GE, and PBY
Standard oversold: QCOM
Moderately oversold: BBBY
Trying to hold some rising trend line support: ADP and JNJ
Trying to hold some falling trend line support: NSM
Attempting to hold the 28 DMA: TTH
To a hold for now: JOSB
Trying to break above some falling trend line resistance: APPB, the dollar, EWP, KEA, LYO, MER, OCR, POM, RGLD, RHAT, RIG, TASR, THQI, TMO, and TSM
Attempting to break above the 28 DMA: AA, CLF, KGC, MSO, PTR, RADN, SFY, and SU
Moderately overbought: HMY, NTES, and WOR
Possible top here: JCP
Anything posted here may be off base.
Daily Update 6/26/06
YI: -2.5
To a buy: RMBS and the XAU hourly at 10 AM on Friday.
Trying to bottom out: CSTR, EMC, F, and MOT
Standard oversold: MMC
Moderately oversold: GE and MDT
Trying to hold some rising trend line support: ABX, DVY, JDSU, NOK, TYC, and XLU
Trying to hold some falling trend line support: AMAT and SMTC
To no position for now: The XAU hourly.
Trying to break above some falling trend line resistance: AMD, BKC, CAKE, COP, GLG, gold, MFE, MU, WDC, WMB, WTS, the XNG index, and the XOI index.
Attempting to break above the 28 DMA: ARM, ASA, ERF, FTO, GFI, GG, heating oil, MDC, MFLX, STP, TIE, USU, the XAU index, and XLE
Moderately overbought: CUP, GM, and PNRA
A break out in either direction is on the way for: EBAY, TSY, and XMSR
Anything posted here may be off base.
Friday, June 23, 2006
Daily Update 6/23/06
YI: -2.5
Trying to bottom out: SPC
Standard oversold: RI
Moderately oversold: SLE
Trying to hold some rising trend line support: BGF, PLT, TTH, and TXU
Trying to hold some falling trend line support: BBBY
Attempting to hold the 28 DMA: The dollar
Trying to break above some falling trend line resistance: CMI, CY, DO, EWA, EWJ, EWU, GRZ, IYM, MDC, PETM, RADN, STP, and SUN
Attempting to break above the 28 DMA: ACF, AEM, AMAT, AU, the DJ-30, EWG, EWI, EWQ, FXE, GLG, GNSS, IFN, NG, NSC, QLGC, RIO, THQI, TZOO, XLK, XRX, and YHOO
Moderately overbought: CPB
To a sell: The XAU hourly at 10 AM yesterday.
Anything posted here may be off base.
Thursday, June 22, 2006
Daily Update 6/22/06
YI: -2
To a buy: CDE, JOSB, and the XAU hourly at 10 AM yesterday.
Possible bottom here for: BAA, DELL, and EBAY
Trying to bottom out in this area: AA, BKS, CAKE, CLF, EWC, N, PETM, PHI, PLL, SMTC, and YCC
Trying to hold some rising trend line resistance here: MCRS and Q
Trying to hold some falling trend line support: RIG and WHR
Attempting to hold the 28 DMA: XLU
Trying to break above some falling trend line resistance here: ALEX, EWD, the E-Mini 500, FTO, MRK, NEM, RGLD, RMBS, SLV, SNA, SU, TRF, WB, WGII, and WY
Attempting to break above the 28 DMA: HMC, the IIX index, MG135, PHG, QQQQ, SHI, and the XCI index.
Moderately overbought now: BBBY and VZ
Anything posted here may be off base.
Wednesday, June 21, 2006
Daily Update 6/21/06
YI: -2.5
To a buy: The XAU hourly at 10 AM yesterday.
Trying to bottom out here: AVP and RFMD
Standard oversold at this point: MSO and PETM
Moderately oversold: Heating Oil
Trying to hold some rising trend line support: C, IWM, and PPG
Trying to hold some falling trendline support: BKC, MMC, OXY, PDE, RHAT, and SUN
Attempting to break above the 28 DMA here: NI and PEG
To a hold for now: INTC
Trying to break above some falling trend line resistance: CHC, MO, PBY, PTR, and the XAU index.
Attempting to break above the 28 DMA here: AAUK, ERICY, and SYMC
Moderately overbought at this point: INTU and PG
Standard overbought here: BGF
To a sell: The XAU hourly at 1 PM yesterday.
Anything posted here may be off base.
Tuesday, June 20, 2006
Daily Update 6/20/06
YI: -2.5
Possible bottom here for: WON
Attempting to bottom out around this area is: DELL
Trying to hold some falling trendline support: GT
Trying to break above some falling trend line resistance: AMN, ASA, gold, HMC, KMX, and NXL
Attempting to break above the 28 day moving average: CAT, SPIR, and TKR
Moderately overbought at this point: HPQ and MRVL
A possible top may be forming in this area for: ENER, GYMB, and OGE
To a sell: The XAU hourly at 10 AM yesterday.
A break out in either direction is on the way for: FDP
Anything posted here may be off base.
Monday, June 19, 2006
Daily Update 6/19/06
The YI is now: -1.5
AVP is moderately oversold at this point, and the VXO is trying to hold the 28 day moving average here.
Trying to break above some falling trend line resistance at this point are: ACAS, AHO, BKS, CHINA, CHK, the DJ-30, ECA, ENER, ERICY, FCX, GFI, GOOG, HIT, HPQ, IIT, INTU, JNPR, MCD, SIFY, SKS, SLE, SLV, SMH, the S&P-500, TSS, TTH, and X
Attempting to break above the 28 day moving average here: CMI, CSCO, DJ, ELN, EOG, GR, KMX, LSS, MSCC, NWL, PPG, QQQQ, SEE, and WOR
Moderately overbought now: BA and JCP
Anything posted here has at least a slight chance of being totally off base.
Friday, June 16, 2006
Daily Update 6/16/06
YI: -1.5
Possible bottom here for: GT and LSI
Trying to bottom out around this level: APPB, BPOP, MFE, NXL, PDE, RMBS, SHI, SUN, WB, and XRX
Standard oversold at this point: SPC and WHR
Moderately oversold: NLY and RHAT
Trying to break above some falling trend line resistance at this point: AAPL, AMZN, BMY, CAT, EBAY, EMC, ERF, EWA, GNSS, IBM, the IIX index, LMT, MDC, MG135 and 136, MRVL, N, NFI, NG, NWL, PCU, PG, PHI, PLL, PMCS, QQQQ, RDC, RI, SCHW, SWC, TIE, TMO, the XCI index, XLK, and YCC
Attempting to break above the 28 DMA here: INTC
Now up against some rising trend line resistance is: BGF
Anything posted here may be off base.
Thursday, June 15, 2006
Daily Update 6/15/06
YI: -3
To a buy: The XAU hourly.
Possible bottom here: AMTD, CAT, the DJ-30, DO, EMC, JDSU, JOSB, PTR, and the XCI index.
Trying to bottom out in this area: AMN, BAA, BBBY, CDE, EWG, GLW, GRZ, HMY, the IIX index, JWN, KGC, MFLX, MMC, NEM, NFI, the OEX index, PLL, PMCS, QQQQ, REDF, RGLD, RI, SFY, SNE, STMP, SWC, TSS, USU, VIGN, XLF, XLK, and the XNG index.
Extremely oversold: The E-Mini 500, MDC, SLV, and the VXO
Standard oversold at this point: ALEX, ELY, ENER, gold, GPC, IYM, MER, MG136, PBY, PHG, RDC, RFMD, RIG, SCHW, SMH, SMTC, SU, THQI, TIE, WDC, WGII, WTS, and XLE
Moderately oversold: ACF, ARM, BAC, BHI, BKC, the BKX index, BPOP, the BTK index, CHINA, ELN, EWI, LYO, MO, MOT, MU, N, PETM, SKS, SLE, SNA, and TMO
Trying to hold some rising trend line support: AVP, DVY, ERF, IDA, and the S&P-500
Trying to hold some falling trend line support: AAUK, AIG, BKS, CAKE, CBK, CSCO, CY, F, IRF, MCD, OCR, SIFY, WMB, and the YI
Attempting to hold the 28 DMA here: CBK, CGI, and TXU
Trying to break above some falling trend line resistance: AA, ABX, AMAT, AMD, CHK, CREE, CSTR, DJ, the dollar, the DRG index, EWJ, EWP, EWQ, EWU, GLG, LSS, QCOM, RIO, SEE, SNDK, SPIR, SUN, the XAU index, XLB, and the XOI index.
Anything posted here may be off base.
Wednesday, June 14, 2006
Daily Update 6/14/06
YI: -3.5, so the market is starting to become significantly oversold.
To a buy: INTC
Possible bottom here: IFN and KEA
Trying to bottom out in this area: CMI, EBAY, GLG, JOSB, RADN, and XMSR
Extremely oversold now: JDSU
Standard oversold at this point: DO, EMC, EOG, ERICY, NSC, QCOM, TRF, and the XAU index.
Moderately oversold: FXE
Trying to hold some rising trend line support: AHO, CGI, CLG, CUP, ECA, EWD, FBR, GG, NG, NOK, TTH, TZOO, and X
Trying to hold some falling trend line support here: AA, AAPL, CHC, IIT, PCU, and WOR
Attempting to hold the 28 DMA here: BMY and MDT
To a hold for now: AMTD
Trying to break above some falling trend line resistance: PEG and SVU
Now up against some rising trend line resistance: OGE
Anything posted here may be off base.
Tuesday, June 13, 2006
Daily Update 6/13/06
YI: -2.5
Trying to bottom out: SYMC
Standard oversold: GRZ
Moderately oversold: INTU
Trying to hold some rising trend line support: C, the dollar, IWM, and TKR
Trying to hold horizontal trend line support: PDE
Trying to hold some falling trend line support: BBBY, MFE, and RMBS
To a hold for now: PLT
Trying to break above some falling trend line resistance: AAUK and MER
Now up against some rising trend line resistance: XLU
Stadard overbought: ENR
Anything posted here may be off base.
Monday, June 12, 2006
Here is the rest of today's TA analysis:
Trying to bottom out around this level are: TASR and XLB
Standard oversold: SNE and SWC
Now attempting to hold some rising trend line support: TMO and VZ
Trying to break above some rising trend line support: XLP
Anything posted here may be off base.
Daily Update 6/12/06
YI: -1.5
To a buy: AMTD
Possible bottom here for: AMD
Trying to bottom out in this area: AAUK, ASA, AU, GR, HIT, HMC, JDSU, NWL, PHI, and the YI
Extremely oversold at this point: INTC and JOSB
Standard oversold: BAA, GT, and PTR
Moderately oversold: EBAY, EWD, EWP, EWU, and GRZ
Trying to hold some rising trend line support: CHINA and GE
Trying to hold some falling trend line support: DJ, ENER, ERICY, the IIX index, and MMC
To no position for now: The dollar.
Trying to break above some falling trend line resistance: AMZN, the BKX index, IDA, IFN, MRVL, NSM, NXL, and QLGC
Attempting to break above the 28 DMA here: BPOP, MCD, PG, and SBUX
Moderately overbought: The dollar and NVLS
Standard overbought: RNR
To a sell: The XAU hourly at 11 AM on Friday.
I did not finish charting all of Friday's closing prices yet, so there may be some more signals or opinions by 1 PM.
Anything posted here may be off base.
Friday, June 9, 2006
Daily Update 6/9/06
YI: -1
To a buy: The XAU index at 1 PM yesterday.
Possible bottom here for: GG and NSM
Trying to bottom out in this area is: BMS, CAT, COP, the DJ-30, DO, the E-Mini 500, FCX, GFI, GPC, IFN, IYM, LSI, LSS, MG135, NOK, PCU, PNRA, PTR, RDC, RIO, the S&P-500, SPIR, STP, STX, SU, WGII, WHR, WTS, WY, the XAU index, and the XCI index.
Standard oversold at this point: AMN, EWJ, GLW, RGLD, TSM and the VXO
Moderately oversold: CMI, EWC, EWQ, GLG, PDE, RI, and X
Trying to hold some rising trend line support: ABX, BGF, heating oil, LYO, MU, NEM, OXY, RHAT, TXU, WDC, XLE, the XNG index, and the XOI index.
Trying to hold some falling trend line support at this point: ALEX, EOG, F, FTO, MG136, MTU, NTES, the OEX index, QQQQ, REDF, RFMD, RIG, SHI, SMH, SUN, THQI and WOR
Attempting to hold the 28 DMA here: BHI, CLG, CUP, ERF, GYMB, and SNA
Trying to break above some falling trend line resistance at this point: AAPL, CAKE, and LMT
Moderately overbought now: CGI
Anything posted here may be off base.
Thursday, June 8, 2006
Daily Update 6/8/06
YI: -1
Trying to bottom out: KEA, KMX, NG, OCR, and PHG
Standard oversold: ASA, AU, GFI, IFN, and IIT
Moderately oversold now: AAUK, EWG, GR, HPQ, NOK, PLL, and YHOO
Trying to hold some rising trend line support: AMAT, CHK, CLG, CMI, ELN, EWA, GLG, HMY, NFI, PHI, and SNA
Trying to hold some falling trend line support: CLF, EMC, LSS, MSCC, PBY, RADN, RIO, and SNE
Attempting to hold the 28 DMA here: FBR, INTU, and N
Trying to break above some falling trend line resistance: ACF, APPB, and DJ
Attempting to break above the 28 DMA here: The dollar and JWN
Moderately overbought now: JCP
A possible top may be forming in this area for: JNJ
A break out in either direction is on the way for: FDP
Anything posted here may be off base.
Wednesday, June 7, 2006
Daily Update Part 2
Moderately oversold: TKR, USU, and WTS
Trying to hold horizontal trend line support: SMH and XLP
Trying to hold some rising trend line support here: SCHW, SEE, SGP, the S&P-500, WOR, the XAU index, XLB, and XLU
Attempting to hold on to some falling trend line support: PMCS, QLGC, SLV, SPIR, STP, SYMC, TSM, and the XCI index.
Attempting to hold the 28 DMA here: SLE and VIGN
Anything posted here may be off base.
Daily Update Part 1
YI: 0
Standard oversold: AMD
Moderately oversold: DJ-30 and IRF
Trying to hold some rising trend line support: AA, AAUK, BAC, the BKX index, EWP, EWQ, EWU, F, FCX, FDP, GNSS, the IIX index, IYM, MG135, and OGE
Attempting to hold on to falling trend line support: AMN, AMTD, BA, BKS, CSTR, MDC, and PG
Attempting to hold the 28 DMA here: ECA, GM, KO, and MU
To no position: The XAU hourly at 1 PM yesterday.
Trying to break above some falling trend line resistance: ELY
Attempting to break above the 28 DMA: HMY
Moderately overbought now: heating oil
A break out in either direction is on the way for: CHINA and MCRS
Anything posted here may be off base.
Tuesday, June 6, 2006
Daily Update 6/6/06
"Mark of the Beast Day"
YI: 0
Trying to hold some rising trend line support in this area is: ALEX, the E-Mini 500, GM, GR, GRZ, NWL, "the QQQQ beast", and SMTC
Now trying to hold some falling trend line support: DJ, ELY, and IBM
To a hold for now: PMCS
Trying to break above some falling trend line resistance now is: AHO, EWA, WMB, and XLU
Attempting to break above the 28 DMA here: MOT, NEM, NXL, SNE, and WB
Moderately overbought: C, NI, PEG, and STMP
Standard overbought at this level: CUP, ERF, and OGE
Extremely overbought now is: CPB
A possible top may be forming in this area for: CBK
To a sell: The XAU hourly at 11 AM yesterday.
Anything posted here may be completely off base.
Sunday, June 4, 2006
Daily Update for: 6/5/06
YI: +1.5
A possible bottom may be forming in this area for: INTC
Trying to bottom out is: SNDK
Moderately oversold at this point: gold
Attempting to hold the 28 DMA here: The VXO and YHOO
Attempting to hold the 50 DMA: gold
To no position for now: MDC
Trying to break above some falling trend line resistance: ADP, BMY, CHINA, DUK, the E-Mini 500, GNSS, MSCC, RI, RMBS, SYMC, TRF, TTH, WON, and the XAU hourly.
Trying to break above horizontal trend line resistance: CGI
Attempting to break above the 28 DMA here: AA, AMAT, BBBY, BPOP, CHC, the DJ-30, EMC, EOG, EWG, GLW, GOOG, GR, the IIX index, IWM, IYM, JNPR, MDC, MER, MSO, NFI, NVLS, PBY, RGAT, SCHW, the S&P-500, SPC, TASR, TKR, VZ, WOR, XLB, and XRX
Moderately overbought now: ARM, CMI, DELL, DVY, ECA, FBR, INTU, MDT, Q, and RNR
Standard overbought at this point is: CBK
A possible top may be forming in this area for: ENR
A break out in either direction is on the way for: AVP
Anything posted here may be off base.
Friday, June 2, 2006
Daily Update 6/2/06
YI: +1
Possible bottom forming in this area for: BKS, ELY, and RADN
Trying to bottom out now is: AAPL
Standard oversold at this point: APPB
Moderately oversold: MFE
Trying to hold some rising trend line support here: BAA, EWG, GG, and MG136
Attempting to hold some falling trend line support: ASA, AU, and SLV
Attempting to hold the 28 DMA here: FXE
Trying to break above some falling trend line support at this juncture: AVP, BA, the BTK index, CHC, ENR, INTU, JWN, MER, MMC, MU, NI, PNRA, POM, PPG, SBUX, VZ, WY, and YCC
Attempting to break above the 28 DMA at this point: CHK, DO, EWP, JDSU, MCRS, PDE, and THQI
Now up against some rising trend line resistance: ERF
Standard overbought now is: BKC
A break out in either direction is on the way for: LYO and TMO
Anything posted here may be off base.
Thursday, June 1, 2006
Daily Update 6/1/06
YI: 0
A possible bottom may be forming in this area for: SBUX and TSM
Trying to bottom out now are: MRVL, NSM, and VIGN
Standard oversold at this point is: BKS
Moderately oversold now: BA, MRK, and SNDK
Trying to hold some rising trend line support at this juncture: ABX, AMTD, the BKX index, CPB, EWA, GOOG, the IIX index, KO, RGLD, RI, SGP, SNE, SPC, SPIR, STMP, STP, TTH, VZ, and WTS
Attempting to hold horizontal trend line support: The DJ-30
Trying to hold some falling trend line support: GT and MFE
Attempting to hold the 28 DMA here is: RNR
To no position: The XAU hourly at 11 AM yesterday.
Now trying to break above some falling trend line resistance: GLW, MCD, MCRS, MTU, RADN, THQI, and XMSR
Attempting to break above horizontal trend line resistance is: CLG
Attempting to break above the 28 DMA here: The BTK index, EWQ, KGC, and SMTC
Moderately overbought now is: WMB
A possible top may be forming in this area for: ELN
Anything posted here may be off base.