- 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.
Wednesday, March 26, 2008
TA based on the closing prices of March 25, 2008.
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