- YI for 10/31: +3
- YI for 11/1: +1
- YI for 11/2: +0.5
- YI for 11/5: 0, and once again, the YI zero level has provided some support for the market.
- Possible bottom for: ACF and CORS
- Trying to bottom out: KEY, NYB, OCR, and PLT
- Extremely oversold: BPOP, GNSS, JCP, MER, and REDF
- Standard oversold: BAC, the BKX index, ERIE, GYMB, JOSB, JPM, NX, and PNRA
- Moderately oversold: AXP, BG, CLF, CSTR, the DJ-30, the DRG index, FDP, GMCR, IWM, MMC, MOT, MPG, NSC, the OEX index, and RGLD
- Trying to hold rising trend line support: AAPL, BHI, BMY, CBK, EBAY, EMC, EWU, IDU, JNJ, MTU, NST, PDA, PLL, PMCS, and RDC
- Trying to hold horizontal trend line support: EEFT
- Trying to hold falling trend line support: AIG, ALD, AU, CFC, DFG, DVY, and MDC
- Attempting to hold the 28 DMA: EEM, ENER, EWI, FCX, GF, IDA, IYM, LMT, LYO, NLY, NWL, PHI, PTR, and RYL
- Trying to break above falling trend line resistance: CDE, MSCC, and PTEN
- Attempting to hold the 28 DMA: ENR
- Moderately overbought: GT, HIT, and MRVL
- Standard overbought: ERF, NTES, OKE, and PXD
- Extremely overbought: HMSY and RIG
- Toppy: CHK and DNR
- A break out in either direction is on the way for: ALEX
Wednesday, November 7, 2007
Based on EOD November 5, 2007.
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