YI: +4.5
To a buy: The XAU hourly at 10 AM on 10/19/06.
Moderately oversold now: CY, MOT, NVLS, and SCHW
Trying to hold some rising trend line support here: BAC, CSCO, DJ, FBR, GE, GLW, heating oil, NOK, NSM, THQI, TSM and the XCI index.
Attempting to hold the 28 day moving average: ALEX, HMC, MDT, RFMD, RMBS, THQI, and TSM
Trying to break above some falling trend line resistance here: LSS, N, and the XNG index.
Now up against some rising trend line resistance: ASA
Standard overbought now: JNJ
Extremely overbought: The DRG index.
A possible top may be forming in this area for: INTU
Probable top here: MRK
A break out in either direction is on the way for: GFI
And as is always the case, anything posted here may be off base.
Friday, October 20, 2006
S&O's for the 10/19/06 close.
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2 comments:
Really amazing charts with good explanations. Thanks!
Matt
I appreciate the kind words Matt.
And after all these years, I am still seeking charting perfection... :)
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