Monday, March 24, 2008

TA based on the close of March 20, 2008.

  1. YI: -2.5
  2. Trying to bottom out: ACH, PTR, SNE, and T2118
  3. Extremely oversold: NOK
  4. Standard oversold: AAUK, BHP, EWI, PHI, QCOM, and TSU
  5. Moderately oversold now: ERF, FCX, FXC, GG, OKE, OXY, PCU, RGLD, RIO, TCK, TOT, and the XOI index.
  6. Trying to hold some rising trend line support: AEM, ASA, GGB, GOOG, IFN, MEOH, NSC, SEE, and the VXO
  7. Trying to hold falling trend line support: CAT, EWU, and HON
  8. Attempting to hold the 28 DMA here: GFI and LUFK
  9. Trying to break above some falling trend line resistance: IWM, MDC, and NX
  10. Attempting to break above the 28 DMA here: LOW, SNA, and WB
  11. Moderately overbought now: IDA
  12. Anything posted here could be off base.

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