- YI: -5, So the market is now getting oversold according to the YI.
- Possible bottom here for: ARM, JCP, KLIC, and PNRA
- Trying to bottom out now: BBBY, EWJ, JOSB, LOW, MER, and XLK
- Extremely oversold: PDS
- Standard oversold: BGF, CAT, the DJ-30, IBM, MOT, PAYX, and SBUX
- Moderately oversold: EWD, EWI, GT, HIT, HMC, UGP, and the XCI index.
- Trying to hold some rising trend line support: BVN, HON, MRVL, NOK, PBY, RHT, and STMP
- Trying to hold falling trend line support: BMY, NSM, and RGLD
- Attempting to hold the 28 DMA here: BVN, MCRS, QLGC, RIG, and SU
- Trying to break above some falling trend line resistance: ACAS, AMTD, AVP, BPOP, IDA, NWL, NYB, RT, SRZ, and WHR
- Attempting to break above the 28 DMA here: CAKE, ERIE, MKC, TLB, and WTS
- Up against rising trend line resistance: NVLS
- Moderately overbought: MPG
- Toppy: FXY
- A break out in either direction is on the way for: IRF
- More later. Anything here may be off base.
Tuesday, November 13, 2007
Based on the close of November 12, 2007.
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