Friday, December 22, 2006

Based on the 12/21/06 close:

YI: +4

Moderately oversold: AMD, EWU, MMC, NEM, NFI, OCR, and YHOO
Trying to hold some rising trend line support: BGF, C, JCP, the OEX index, and X
Trying to hold falling trend line support: The XAU hourly.
Attempting to hold the 28 DMA here: EWI, EWP, OGE, QCOM, RNR, SHI, and the XOI index.
Trying to break above some falling trend line resistance: ELY, gold, GNSS, GPC, and WGII
Moderately overbought now: TYC
A possible top may be forming in thia area for: APPB and the BKX index.
Toppy here: CPB, KMX, SGP, and T2104
A break out in either direction is on the way for: QLGC
Anything posted here could be off base.

No comments: