Thursday, February 21, 2008

T.A. based on the close of Feb. 20, 2008.

  1. YI: -1.5
  2. Trying to bottom out in this area: FBR, GOOG, and NSM
  3. Standard oversold: IDA
  4. Moderately oversold now: FXC, GPC, KEY, and LOW
  5. Trying to hold some rising trend line support: EWU, IWM, PEG, PG, RMBS, SHI, and SOLF
  6. Trying to hold falling trend line support: T
  7. Attempting to hold the 28 DMA here: NSC and PHI
  8. Trying to break above some falling trend line resistance: GGB, IBM, JNJ, and UGP
  9. Moderately overbought now: ACAS and the XOI index.
  10. Standard overbought: ASA and LUFK
  11. Anything here could be off base.

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