- YI: -2
- To a buy: CHK
- Possible bottom here for: CORS
- Trying to hold some rising trend line support: IRF, CL, and LMT
- Trying to hold falling trend line support: ENER and IRF
- To a hold: ARM
- Trying to break above some falling trend line resistance: ADP, CFC, CLF, CMC, EEFT, EXP, FCX, GE, GLD, HMC, IDU, IFN, JNJ, JOSB, KGC, KMX, MDC, MTH, NBR, and NST
- Attempting to break above the 28 DMA here: ALC, ERF, ERIC, EWD, FBR, GFI, GG, GNSS, HMC, JCP, KEP, KMX, MRVL, and NX
- Up against rising trend line resistance: MEOH
- Moderately overbought now: AMTD, BHP, COP, DELL, EEM, and MOT
- Standard overbought: AAPL and CSCO
- A break out in either direction is on the way for: HMY, GT, and JNJ
- More later. Anything here may be off base.
Tuesday, September 4, 2007
Based on EOD August 31, 2007
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