Monday, June 2, 2008

Update based on EOD June 2, 2008.

  1. YI: +0.5
  2. Trying to bottom out: GFI and XMSR
  3. Moderately oversold: WY
  4. Trying to hold some rising trend line support: CSL, KFT, MOT, PEP, UN, and VFC
  5. Trying to hold falling trend line support: MMC and TSU
  6. Attempting to hold the 28 DMA here: OKE and TKR
  7. Up against rising trend line resistance: PCU
  8. Trying to break above some falling trend line resistance: EWJ, QQQQ, STX, SUN, and the VXO
  9. Attempting to break above the 28 DMA here: PG
  10. Moderately overbought now: WSO
  11. Toppy here: HMC and PLL
  12. Anything posted here may be off base.

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