Signals & Opinions for the June 18, 2007 close.

1. +3.5
2. Trying to hold falling trend line support: JCP
3. Attempting to hold the 28 DMA: WDC
4. Trying to break above some falling trend line resistance: ASA, the BKX index, DJ, ENER, HMY, KGC, LRW, MU, NBR, NEM, OCR, and XMSR
5. Trying to break above horizontal trend line resistance: AIG
6. Attempting to break above the 28 DMA here: The BTK index, CDE, CMC, IRF, OKE, Q, SLV, WB, WOR, and YHOO
7. Up against rising trend line resistance: EWA, GE, GLD, PDA, and PDE
8. Moderately overbought now: AEM, AMAT, CSCO, CY, ERIC, F, HMC, KEP, LUFK, OMN, PEG, PHG, SMH, and the XAU index.
9. Standard overbought: BMY, CSL, EOG, and GM
10. Extremely overbought: AA, AAUK, DO, and LYO
11. A possible top may be forming here for: BKC, COP, the DJ-30, and PTR
12. Toppy now: EEM, ELN, EON, EWC, EWG, EWQ, FRO, GE, GLW, IBM, the IIX index, IWM, IYM, NX, the OEX index, OXY, PXD, RDC, RIO, RNR, the S&P-500, SUN, TASR, TCK, WMB, XLB, XLE, XLK, the XNG index, and the XOI index.
13. Anything here could be off base.