Monday, March 26, 2007

Based on the close of 3-23-07.

  1. YI: +2.5
  2. A possible bottom may be forming here for: SPC
  3. Trying to bottom out: MEOH
  4. Trying to hold some rising trend line support: IYR, LSI, RFMD, and RIO
  5. Trying to hold falling trend line support: IRF and MOT
  6. Trying to break above some falling trend line resistance: The BTK index, CAT, CSL, ERF, IFN, LRW, PDE, PHI, PNRA, and VZ
  7. Attempting to break above the 28 DMA here: ALD, BAC, BPOP, GOOG, STX, and WTS
  8. Now up against some rising trend line resistance: CPB and GNSS
  9. Moderately overbought: COP, JCP, NWL, OXY, PXD, RHT, SGP, SKS, SU, WB, WMB, and the XAU index.
  10. Standard overbought: ADP, FTO, RIG, USU, XLE, and the XNG index.
  11. Extremely overbought: WGII
  12. Toppy here: CLF, CMC, EOG, EWP, GT, GYMB, RI, and SNE
  13. Anything posted here could be off base.

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