Tuesday, April 15, 2008

TA based on the closing prices of April 14, 2008.

  1. YI: -1.5
  2. Trying to bottom out in this area: TICC
  3. Moderately oversold now: AIG, IDA, PHI, and WY
  4. Trying to hold some rising trend line support: CAT, CSL, DVY, RIO, SVU, and XSLV
  5. Trying to hold falling trend line support: BA, LEN, MSCC, and SEE
  6. Attempting to hold the 28 DMA here: C, EWU, the IIX index, MSCC, PLT, QQQQ, RT, SNA, the S&P-500, T, and UN
  7. Trying to break above some falling trend line resistance: FRO and OGE
  8. Attempting to break above the 28 DMA here: GFI and PEG
  9. Up against rising trend line resistance: WSO
  10. And as is always the case, anything posted here may be off base.

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