- YI: -5
- Trying to bottom out in this area: ACH, AKNS, ARM, EWJ, FNM, IWM, and QQQQ
- Extremely oversold now: EWI, EXP, HON, and IFN
- Standard oversold: AA, CBK, the IIX index, IYY, JASO, PBY, and the VXO
- Moderately oversold now: BGF, MEOH, MKC, PEG, and TSU
- Trying to hold some rising trend line support: AA, AAPL, CAT, CSIQ, GOOG, HMC, IYY, JCP, MSCC, NYB, PEG, QCOM, SYY, T2118, and TKR
- Trying to hold falling trend line support: BA, the DJ-30, EBAY, LEN, and TSM
- Attempting to hold the 28 DMA here: HMC and PCU
- Trying to break above some falling trend line resistance: ABX
- Attempting to break above the 28 DMA here: GFI and XPLT
- Moderately overbought now: ABX, AEM, and GLD
- Standard overbought: GG
- Anything posted here may be off base.
Monday, June 30, 2008
Update based on EOD June 27, 2008
Friday, June 27, 2008
Update based on EOD June 26, 2008.
- YI: -4.5 (So we are getting oversold in the stock market)
- Standard oversold: BA
- Moderately oversold: GIS
- Trying to hold some rising trend line support: JASO and PTR
- Trying to hold falling trend line support: IDA, PBY, STX, and the XOI index.
- Trying to break above some falling trend line resistance: FCX
- Anything posted here may be off base.
Thursday, June 26, 2008
Update based on EOD June 25, 2008.
- YI: -2
- Possible bottom here for: SEE
- Trying to bottom out in this area: The DJ-30, IFN, SNA, and SNE
- Moderately oversold at this point: ARM, CSL, IDA, IWM, NYB, QCOM, TKR, and XPLT
- Trying to hold some rising trend line support here: AKNS, FCX, NAT, the VXO, and XSLV
- Trying to hold falling trend line support: ALEX, CAT, and T2118
- Attempting to hold the 28 DMA here: MEOH and PBY
- Trying to break above some falling trend line resistance: ASA, C, JCP, JNJ, KBE, KO, LEN, NOK, PAYX, the S&P-500, SVU, SYY, UN, USB, V, VFC, WFR, and WY
- Attempting to break above the 28 DMA here: WSO
- Anything posted here may be off base.
Wednesday, June 25, 2008
Update based on EOD June 24, 2008.
- YI: -2.5
- Possible bottom here for: MOT
- Trying to bottom out now: EBAY, GE, GM, GPC, LEN, MER, and STX
- Extremely oversold: ACAS, AIG, C, and DVY
- Standard oversold: AVP, FNM, PEP, PG, TTH, and XLF
- Moderately oversold: AAPL, ADP, JASO, MCD, and MDC
- Trying to hold some rising trend line support: AA, MKC, MSCC, QQQQ, and V
- Trying to hold falling trend line support: ADP, BPOP, the IIX index, and IYY
- Attempting to hold the 28 DMA here: NST
- Trying to break above some falling trend line resistance: WB
- Moderately overbought now: GG
- Toppy here: FRO and LUFK
- Anything posted here may be off base.
Tuesday, June 24, 2008
Update based on EOD June 23, 2008.
- YI: -2
- Trying to bottom out: JNJ
- Extremely oversold: ACH
- Standard oversold: DJ-30, KFT, S&P-500, T, and WY
- Moderately oversold: AA, GOOG, SNE, and TSM
- Trying to hold some rising trend line support: SYY, UGP, and XPLT
- Trying to hold falling trend line support: ASA, C, EWI, EWJ, GF, IBM, IFN, MER, and PEP
- Attempting to hold the 28 DMA: FCX
- Anything posted here may be off base.
Monday, June 23, 2008
Update based on EOD June 20, 2008.
- YI: -2
- Trying to hold some rising trend line support: XLU
- Trying to hold falling trend line support: ACH, NOK, TSM, and XLF
- Attempting to hold the 28 DMA here: HMC
- Trying to break above some falling trend line resistance: PCU, WHR, and WSO
- Attempting to break above the 28 DMA here: MTH and SPWR
- Moderately overbought: GLD
- Anything posted here may be off base.
Friday, June 20, 2008
Update based on EOD June 19, 2008.
- YI: -0.5
- Trying to bottom out: ACAS, DVY, KBE, NWL, and PEP
- Extremely oversold again: MOT
- Standard oversold: JCP, KO, and SEE
- Moderately oversold: CAT, IYY, JNJ, PG, and SNA
- Trying to hold some rising trend line support: EWI, HMC, MCD, QQQQ, and SNE
- Trying to hold falling trend line support: DJ-30 and PG
- Attempting to hold the 28 DMA here: IDA
- Up against rising trend line resistance: AAUK and LUFK
- Trying to break above some falling trend line resistance: ABX and MSCC
- Attempting to break above the 28 DMA here: BHP and JASO
- Standard overbought: CSIQ
- Anything posted here may be off base.
Thursday, June 19, 2008
Update based on EOD June 18, 2008.
- YI: -1
- Moderately oversold now: RGLD
- Trying to hold some rising trend line support: ADP, BA, CAT, CSL, HON, KFT, and the S&P-500.
- Trying to hold falling trend line support: ALEX, BAC, CBK, JNJ, TOT, and WHR
- Trying to break above some falling trend line resistance: AAPL, ASA, and GG
- Attempting to break above the 28 DMA here: ERF
- Moderately overbought now: NAT and V
- Anything posted here may be off base.
Wednesday, June 18, 2008
Update based on EOD June 17, 2008.
- YI: -0.5
- Moderately oversold: PEP
- Trying to hold some rising trend line support: PG and WY
- Trying to hold falling trend line support: AIG
- Trying to break above some falling trend line resistance: ACH, ASA, BHP, EBAY, FNM, GF, GM, NYB, PTR, the S&P-500, TSU, and VFC
- Attempting to break above the 28 DMA here: ABX, C, MDC, QQQQ, STX, and TKR
- Moderately overbought now: AAUK and MSCC
- Standard overbought: MEOH
- Extremely overbought: FRO
- Toppy here: ARM and FCX
- Anything posted here may be off base.
Tuesday, June 17, 2008
Update beased on EOD June 16, 2008.
- YI: +0.5
- Trying to bottom out in this area: PTR
- Extremely oversold now: BPOP and NWL
- Attempting to hold the 28 DMA here: BGF
- Trying to break above some falling trend line resistance: CY, the DJ-30, IBM, IDA, IYY, LEN, PAYX, PDS, the S&P-500, TOT, WHR, XLF, XLU, and XSLV
- Attempting to break above the 28 DMA here: GOOG, JNJ, and TSM
- Moderately overbought now: CPB
- Standard overbought: NST
- Possible top here for: TLB
- Toppy here: QCOM
- Anything posted here may be off base.
Monday, June 16, 2008
Update based on EOD June 13, 2008.
- YI: +0.5
- Trying to bottom out: AAUK, BMY, EWI, EXP, and GFI
- Standard oversold: ACH and GE
- Moderatately oversold: AAPL, STX, T2118, TOT, and UGP
- Trying to hold some rising trend line support: LUFK and OGE
- Trying to hold falling trend line support: AA and KO
- Trying to break above some falling trend line resistance: C, CAT, CBK, HON, JCP, MER, PHI, and XPLT
- Moderately overbought: PBY
- A break out in either direction is on the way for: PDS
- Anything posted here may be off base.
Friday, June 13, 2008
Update based on EOD June 12, 2008.
- YI: -1
- Possible bottom here for: BPOP
- Trying to bottom out in this area: CBK, CY, IFN, SEE, TTH, UN, and VFC
- Extremely oversold now: MER
- Standard oversold: ACAS, EBAY, EWI, and EXP
- Moderately oversold: AEM, GF, GG, IBM, IWM, QQQQ, SVU, and SYY
- Trying to hold some rising trend line support: ADP, EWJ, and FRO
- Trying to hold falling trend line support: ABX, ACH, ASA, DVY, GLD, GM, and WSO
- Moderately overbought: TLB
- Toppy here: PEG
- Anything posted here may be off base.
Thursday, June 12, 2008
Update based on EOD June 11, 2008.
- YI: -1.5
- Trying to bottom out: SUN
- Standard oversold: ASA, BMY, GFI, PTR, and TSU
- Moderately oversold: CY, EWJ, the IIX index, and NAT
- Trying to hold some rising trend line support: ABX, RGLD, SNA, and XSLV
- Trying to hold falling trend line support: AAUK, CBK, FNM, PAYX, PCU, and TSM
- Attempting to hold the 28 DMA: LUFK
- Trying to break above some falling trend line resistance: KO
- Attempting to break above the 28 DMA: PEP
- Moderately overbought: FCX
- Standard overbought: PEG
- Anything posted here may be off base.
Wednesday, June 11, 2008
Update based on EOD June 10, 2008.
- YI: 0
- Possible bottom here for: BAC
- Extremely oversold: KBE and WB
- Standard oversold: C, SEE, USB, VFC, and WY
- Moderately oversold now: ACAS, GOOG, IYY, KFT, MSCC, the S&P-500, TTH, and UN
- Trying to hold some rising trend line support here: CSL, the IIX index, JNJ, and V
- Trying to hold falling trend line support: EXP and MDC
- Attempting to hold the 28 DMA here: SNE
- Trying to break above some falling trend line resistance: AIG, BPOP, GPC, and PG
- Attempting to break above the 28 DMA here: MCD
- Anything posted here may be off base.
Tuesday, June 10, 2008
Update based on EOD June 9, 2008.
- YI based on EOD June 6, 2008: -0.5
- YI based on EOD June 9, 2008: 0
- Possible bottom here for: NOK and PHI
- Trying to bottom out: ACH, BA, KO, and PEP
- Standard oversold: HON, JCP, LEN, PBY, SUN, WHR, and XLF
- Moderately oversold: ALEX, CBK, EXP, GPC, the S&P-500, T, VXO, and WSO
- Trying to hold some rising trend line support: EWJ, FNM, IBM, PLL, QCOM, and SYY
- Trying to hold falling trend line support: CAT, CPB, the DJ-30, EBAY, FNM, GOOG, IYY, NWL, PTR, and THE s&p-500.
- Attempting to hold the 28 DMA here: CSL, GIS, IBM, IWM, NYB, SVU, and UGP
- Up against rising trend line resistance: GG
- Trying to break above some falling trend line resistance: AEM, GLD, PDS, RGLD, and XPLT
- Anything posted here may be off base.
Friday, June 6, 2008
Update based on EOD June 5, 2008.
- YI: +2... So once again, the YI zero line indicated a zone of support for the market.
- Possible bottom here for: KEY, TSU, and WB
- Extremely oversold: BAC
- Standard oversold: KBE and NOK
- Moderately oversold: ACH, ASA, GLD, and PEP
- Trying to hold some rising trend line support: AAUK, AEM, SUN, and TCK
- Attempting to hold the 28 DMA here: AEM, GG, and T2118
- Up against rising trend line resistance: MSCC, NST, and TSM
- Trying to break above some falling trend line resistance: DVY, PAYX, TTH, UN, and XMSR
- Attempting to break above the 28 DMA here: NWL
- Standard overbought: GIS and HMC
- And anything posted here may be off base.
Thursday, June 5, 2008
Update based on EOD June 4, 2008.
- YI: 0
- Possible bottom here for: NWL
- Trying to bottom out in this area are: DVY and WY
- Standard oversold at this point: BPOP, IFN, MER, and PHI
- Moderately oversold now: BA, BHP, BMY, the DJ-30, EWI, MCD, PAYX, and VFC
- Trying to hold some rising trend line support: CBK, ERF, GOOG, IYY, MSCC, OGE, OKE, PTR, and SNA
- Trying to hold falling trend line support: KO, PEP, and PHI
- Attempting to hold the 28 DMA here: GF and XLU
- Up against rising trend line resistance: MDC
- Trying to break above some falling trend line resistance: SYY
- Attempting to break above the 28 DMA here: ADP
- Moderately overbought now: STX
- And anything posted here may be off base.
Wednesday, June 4, 2008
Update based on EOD June 3, 2008.
- YI: 0
- Trying to hold some rising trend line support: AAPL, ACH, BMY, C, FCX, HON, the S&P-500, T and USB
- Trying to hold falling trend line support: ACAS, AVP, EBAY, GPC, MER, NWL, and WHR
- Attempting to hold the 28 DMA here: AA, AAPL, CBK, FRO, the IIX index, NAT, and QQQQ
- Up against rising trend line resistance: BGF
- Trying to break above some falling trendline resistance: LUFK and MEOH
- Attempting to break above the 28 DMA here: CY and ERF
- Standard overbought now: SNE
- A break out either way is on the way for: CAT and FNM
- Anything posted here may be off base.
Monday, June 2, 2008
Update based on EOD June 2, 2008.
- YI: +0.5
- Trying to bottom out: GFI and XMSR
- Moderately oversold: WY
- Trying to hold some rising trend line support: CSL, KFT, MOT, PEP, UN, and VFC
- Trying to hold falling trend line support: MMC and TSU
- Attempting to hold the 28 DMA here: OKE and TKR
- Up against rising trend line resistance: PCU
- Trying to break above some falling trend line resistance: EWJ, QQQQ, STX, SUN, and the VXO
- Attempting to break above the 28 DMA here: PG
- Moderately overbought now: WSO
- Toppy here: HMC and PLL
- Anything posted here may be off base.
This update is late because of Google server problems this morning. Update based on EOD May 30, 2008.
- YI: +1.5
- Trying to bottom out: PHI and XPLT
- Moderately oversold: XPLT
- Trying to hold some rising trend line support: ERF, GLD, and JCP
- Trying to hold falling trend line support: GFI
- Attempting to hold the 28 DMA: ASA
- Up against rising trend line resistance: MKC, MSCC, T, and XLU
- Trying to break above some falling trend line resistance: ADP, BAC, BMY, the DJ-30, and PBY
- Attempting to break above the 28 DMA: JNJ, MCD, the S&P-500, and WHR
- Moderately overbought: ALEX, CBK, GOOG, HMC, the IIX index, and TTH
- Standard overbought: IWM
- Toppy: V
- Anything posted here may be off base.
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