Wednesday, June 7, 2006

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.

No comments: