Thursday, April 10, 2008

TA based on the closing prices of April 9, 2008.

  1. YI: -0.5
  2. Moderately oversold now: SYY
  3. Trying to hold some rising trend line support at this point: AIG, the DJ-30, GIS, OGE, PAYX, RT, and XMSR
  4. Trying to hold falling trend line support: HMC and SNE
  5. Attempting to hold the 28 DMA here: BPOP, PEP, and WSO
  6. Trying to break above some falling trend line resistance: AMD, BA, and SUN
  7. Up against rising trend line resistance: JNJ and XLU
  8. Moderately overbought now: T2118 and the XOI index.
  9. Toppy here: EWI and PDS
  10. And as is always the case, anything posted here may be off base.

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