- YI: -3
- Trying to bottom out in this area: ALEX, BAC, the BKX index, GM, KEY, MER, MMC, MOT, PBY, and WB
- Extremely oversold now: MPG
- Standard oversold: MER and SNE
- Moderately oversold now: AIG, the BKX index, DVY, GPC, LOW, MEOH, the S&P-500, UGP, XLF, and XMSR
- Trying to hold some rising trend line support here: AEM, AVP, CREE, DVY, EWJ, GG, GGB, GOOG, IFN, MSCC, RNR, TKR, WSO, and XSLV
- Trying to hold falling trend line support: CBK and OKE
- Attempting to hold the 28 DMA here: The DJ-30, EXP, FNM, IDA, IWM, NSM, NWL, QQQQ, SEE, SYY, and WY
- Trying to break above some falling trend line resistance: ASA, ERF, and JNJ
- Attempting to break above the 28 DMA here: NST
- Moderately overbought now: ROK
- Toppy here: GIS
- Anything posted here may be off base.
Monday, March 31, 2008
TA based on the closing prices of March 31, 2008.
Based on the closing prices of March 28, 2008.
- YI: -3.5
- Standard oversold: PBY
- Moderately oversold: BAC, CMI, GFI, and SUN
- Trying to hold some rising trend line support: BGF, IBM, the IIX index, MKC, STMP, and TTH
- Trying to hold falling trend line support: C, KEY, MMC, NYB, and SNE
- Attempting to hold the 28 DMA here: IBM and TSM
- Trying to break above some falling trend line resistance: BMY, NST, and TICC
- Attempting to break above the 28 DMA here: AAUK, RGLD, and XPLT
- Up against rising trend line resistance: BHP and CPB
- Moderately overbought: ERF and FRO
- Anything posted here may be off base.
Friday, March 28, 2008
TA based on the closing prices of March 27, 2008.
- YI: -3
- Trying to bottom out in this area: PEG
- Trying to hold some rising trend line support: CORS, the DJ-30, EXP, and SNA
- Trying to break above some falling trend line resistance: ACH, FXC, OKE, PCU, RIO, and WOR
- Attempting to break above the 28 DMA here: AEM, CREE, EWI, EWU, FCX, GLD, OXY, and TOT
- Up against rising trend line resistance: CAT
- Moderately overbought now: CBK, CY, and TCK
- Standard overbought: LUFK and PDS
- Toppy here: CAT
- Anything posted here may be off base.
Thursday, March 27, 2008
TA based on the March 26, 2008 closing prices.
- YI: -1.5
- Trying to hold some rising trend line support: TLB
- Trying to break above some falling trend line resistance: AAUK, RNR, ROK, T2118, and UN
- Attempting to break above the 28 DMA here: ERF, MOT, QCOM, TKR, and WOR
- Moderately overbought now: HMC, MCD, PLL, SEE, and WY
- Anything posted here may be off base.
Wednesday, March 26, 2008
TA based on the closing prices of March 25, 2008.
- YI: -0.5 (We are getting near the mid-point zero line which often acts as an area of resistance or support for the market, so the caution flags are flying once again.)
- Trying to break above some falling trend line resistance: The DJ-30, EWI, EWU, TOT, UGP, and XPLT
- Attempting to break above the 28 DMA here: CBK, GOOG, GPC, IFN, JCP, and NAT
- Up against rising trend line resistance: EWJ and PG
- Moderately overbought now: AAPL, ADP, the IIX index, IWM, NWL, PAYX, PLT, QQQQ, the S&P-500, STMP, SYY, TSM, TTH, and the VXO
- A break out in either direction is on the way for: CSL
- Anything posted here may be off base.
Tuesday, March 25, 2008
TA based on the March 24, 2008 closing prices.
- YI: -1
- Trying to bottom out: GF and XPLT
- Standard oversold: PEG and XSLV
- Moderately oversold: AA, ABX, and GLD
- Trying to hold some rising trend line support: GLD
- Trying to hold falling trend line support: AA and GG
- Trying to break above some falling trend line resistance: ALEX, CBK, LOW, NSM, OXY, STX, and SVU
- Attempting to break above the 28 DMA here: AIG, C, CY, FRO, MER, and NX
- Up against rising trend line resistance: PBY
- Moderately overbought now: ACAS, ARM, BAC, the BKX index, BPOP, DVY, EBAY, EXP, KEY, LEN, MDC, MKC, MSCC, NYB, PEP, TLB, UN, VFC, WHR, XLF, and XMSR
- Standard overbought: BGF, GIS, and RYL
- Toppy here: GE, KO, USB, and XHB
- Anything here may be off base.
Monday, March 24, 2008
TA based on the close of March 20, 2008.
- YI: -2.5
- Trying to bottom out: ACH, PTR, SNE, and T2118
- Extremely oversold: NOK
- Standard oversold: AAUK, BHP, EWI, PHI, QCOM, and TSU
- Moderately oversold now: ERF, FCX, FXC, GG, OKE, OXY, PCU, RGLD, RIO, TCK, TOT, and the XOI index.
- Trying to hold some rising trend line support: AEM, ASA, GGB, GOOG, IFN, MEOH, NSC, SEE, and the VXO
- Trying to hold falling trend line support: CAT, EWU, and HON
- Attempting to hold the 28 DMA here: GFI and LUFK
- Trying to break above some falling trend line resistance: IWM, MDC, and NX
- Attempting to break above the 28 DMA here: LOW, SNA, and WB
- Moderately overbought now: IDA
- Anything posted here could be off base.
Thursday, March 20, 2008
T.A. based on the closing prices of March 19, 2008.
- YI: -4
- Standard oversold: RNR
- Moderately oversold: XPLT
- Trying to hold some rising trend line support: XSLV
- Trying to break above some falling trend line resistance: ADP, ALEX, the BKX index, CY, GM, LEN, MSCC, NLY, NWL, NYB, PAYX, PBY, SYY, TLB, XLF, and XLU
- Attempting to break above the 28 DMA here: ARM, BAC, KEY, MDC, MMC, NST, PEP, QQQQ, ROK, RT, S&P-500, and TTH
- Up against rising trend line resistance: BPOP, GIS, IBM, and MKC
- Moderately overbought now: CPB, FNM, GE, KO, PG, RYL, and T
- Anything posted here could be off base.
Wednesday, March 19, 2008
T.A. based on yesterday's close.
- YI: -2.5
- Trying to bottom out: GOOG
- Attempting to hold the 28 DMA: ERF and GG
- Trying to break above some falling trend line resistance: ACAS, ARM, AVP, BMY, C, CMI, CORS, CPB, EBAY, EWJ, FRO, and GGB
- Moderately overbought: JNJ
- Anything here may be off base.
Tuesday, March 18, 2008
T.A. based on the closing prices of March 17, 2008.
- YI: -5
- Trying to bottom out: DJ-30
- Extremely oversold: BMY, C, PTR, TICC, and WB
- Standard oversold: ACH, CSL, EWJ, GPC, HMC, MPG, OGE, PLL, and the VXO
- Moderately oversold now: AAUK, HON, KFT, KO, and MEOH
- Trying to hold rising trend line support: AEM, ACAS, AVP, BHP, CBK, CMI, IBM, KEY, MDC, NLY, and TKR
- Trying to hold falling trend line support: AMD, BKX, EBAY, the IIX index, IWM, NAT, PEG, QQQQ, the S&P-500, and STX
- Trying to break above some falling trend line resistance: AAPL, ABX, and IDA
- Up against rising trend line resistance: ASA
- Standard overbought: GGB
- Toppy here: GLD
- Probable top here for: AEM
- Anything here may be off base.
Friday, March 14, 2008
T.A. based on the closing prices of March 13, 2008
- YI: -3.5
- Trying to bottom out in this area: BA, JCP, NLY, and T2118
- Standard oversold here: SUN
- Moderately oversold now: MSCC and PEP
- Trying to hold some rising trend line support: ACH, ALEX, BAC, CSL, GPC, HON, NX, RNR, SNE, SYY, TSM, and WHR
- Trying to hold falling trend line support: AIG, BMY, LOW, MPG, PTR, TSU, UGP, WB, XLF, and XLU
- Attempting yo hold the 28 DMA here: MEOH
- Trying to break above some falling trend line resistance: EWU, EXP, FRO, GFI, GOOG, MCD, STMP, and STX
- Attempting to break above the 28 DMA here: AVP, CMI, and JNJ
- Up against rising trend line resistance: BGF, GLD, and the VXO
- Moderately overbought now: CAT
- Possible top here for: TCK
- Amything posted here may be off base.
Thursday, March 13, 2008
T.A. based on the closing prices of March 12, 2008.
- YI: -3.5
- Trying to hold some rising trend line support: UGP
- Attempting to hold the 28 DMA here: ACH and the VXO
- Trying to break above some falling trend line resistance: The BKX index, BPOP, CBK, CPB, CREE, DVY, FCX, MEOH, MER, MMC, NAT, NSC, QQQQ, TKR, TLB, TTH, UN, USB, WB, WY, XMSR, and the XOI index.
- Attempting to break above the 28 DMA here: ACAS, CORS, GE, IDA, PEG, SEE, STMP, T, and VFC
- Up against rising trend line resistance: AA, IBM, and TSM
- Moderately overbought now: GIS, KFT, and MKC
- Standard overbought now: LUFK, and TCK
- Anything posted here may be off base.
Wednesday, March 12, 2008
T.A. based on the close of March 11, 2008.
- YI: -3
- Possible bottom here for: C and MOT
- Trying to bottom out in this area: FNM, LOW, MER, NOK, QCOM, SYY, TICC, TKR, and TLB
- Standard oversold now: BA and GM
- Moderately oversold: BHP, JCP, TSU, and WOR
- Trying to hold some rising trend line support: AEM, ABX, and XSLV
- Trying to hold falling trend line support: CY
- Attempting to hold the 28 DMA here: AAUK, FXC, and GF
- Trying to break above some falling trend line resistance: CSL, GIS, IBM, JNJ, PLT, SUN, and YUM
- Attempting to break above the 28 DMA here: NYB
- A break out in either direction is on the way for: KO
- Anything here may be off base.
Monday, March 10, 2008
T.A. based on the close of March 7, 2008.
- YI: -5 (So the market is "officially" oversold now.)
- Possible bottom here for: BAC, BPOP, KEY, NYB, and XLF
- Trying to bottom out in this area: AIG, AMD, the BKX index, BMY, GPC, LEN, MMC, NWL, RNR, and WB
- Extremely oversold now: GOOG
- Standard oversold at this point: ARM, CBK, MER, NLY, NOK, the S&P-500, and TTH
- Moderately oversold: ACAS, CSL, GIS, LOW, MDC, PBY, PLL, RYL, and SNA
- Trying to hold some rising trend line support: ACH, ERF, FRO, MKC, and TICC
- Trying to hold falling trend line support: CREE, MCD, MOT, and VFC
- Attempting to hold the 28 DMA here: BHP, PDS, RGLD, RIO, and XPLT
- Moderately overbought now: GFI
- Possible top here for: AEM
- Toppy: GFI
- Anything here may be off base.
Friday, March 7, 2008
T.A. based on the closing prices of yesterday.
- YI: -4.5
- Moderately oversold: WHR
- Trying to hold some rising trend line support: CAT and GLD
- Trying to hold falling trend line support: ARM and NWL
- Attempting to hold the 28 DMA here: CAT and the XOI index.
- Trying to break above some falling trend line resistance: MOT, PEP, and the VXO
- Toppy here: AAUK
- A break out in either direction is is on the way for: ADP, MSCC, and T
- Anything here could be off base.
Thursday, March 6, 2008
T.A. based on the close of yesterday.
- YI: -3.5
- Trying to bottom out in this area: MPG
- Standard oversold: IFN and NAT
- Moderately oversold now: CMI and EXP
- Trying to hold some rising trend line support: LOW
- Trying to hold falling trend line support: WB
- Attempting to hold the 28 DMA here: CSL
- Trying to break above some falling trend line resistance: HON, KO, and STX
- Attempting to break above the 28 DMA here: AAPL and SVU
- Up against rising trend line resistance: GLD and TSM
- Anything here could be off base.
Wednesday, March 5, 2008
T.A. based on the closing prices of March 4, 2008.
- YI: -4 (The market may be due for some type of rally sooner rather than later.)
- Possible bottom here for: MOT
- Trying to bottom out in this area are: BAC, the BKX index, CREE, DVY, EBAY, GE, the IIX index, IWM, KEY, NST, NYB, OGE, PAYX, PLT, QQQQ, UN, XLF, and XMSR
- Extremely oversold now: TMA
- Standard oversold: AIG, C, CORS, and PTR
- Moderately oversold now: BA, CPB, EWU, LEN, MCD, QCOM, RNR, and XHB
- Trying to hold some rising trend line support: AMD, GF, GLD, KFT, MDC, MSCC, NLY, PCU, and PDS
- Trying to hold falling trend line support: BHP, BMY, GM, SNE, and TTH
- Attempting to hold the 28 DMA here: ACAS, PBY, TICC, and TKR
- Trying to break above some falling trend line resistance: AA and IDA
- Toppy here: AEM and ASA
- Probable top here for: XPLT
- Anything here could be off base.
Tuesday, March 4, 2008
T.A. based on the close of March 3, 2008.
- YI: -3.5
- Trying to bottom out in this area are: BPOP, CY, and PEG
- Moderately oversold now: ALEX, NOK, PHI, and QQQQ
- Trying to hold some rising trend line support: FRO
- Trying to hold falling trend line support: GOOG, WOR, and the XOI index.
- Attempting to hold the 28 DMA here: LUFK, PLL, and WOR
- Anything here could be off base.
Monday, March 3, 2008
Some recent T.A. from today.
- YI: -3.5
- Trying to bottom out: ARM, GM, and RT
- Extremely oversold: MOT
- Standard oversold: The BKX index, EBAY, ROK, WB, WY, and XLE
- Moderately oversold: ALEX, BAC, CBK, CREE, the DJ-30, DVY, GPC, HMC, the IIX index, IWM, KEY, MER, MPG, NST, NX, NYB, OGE, PPEP, PG, SEE, SNE, the S&P-500, STX, SUN, SYY, TKR, VFC, and the VXO
- Trying to hold some rising trend line support: AIG, BPOP, CAT, CMI, EWJ, EWU, GG, IFN, KO, MCD, MMC, NWL, RIO, ROK, SGP, SOLF, and YUM
- Trying to hold horizontal trend line support: JNJ
- Trying to hold falling trend line support: GE, MKC, NSM, PAYX, and XLU
- Attempting to hold the 28 DMA here: ADP, AVP, CSL, EXP, FRO, GF, GIS, JCP, LOW, NLY, NSC, SNA, TOT, TSM, and WHR
- Standard overbought: ABX and ERF
- Extremely overbought: ASA
- Toppy here: MEOH
- Gone parabolic: GLD
- Anything here may be off base.
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