Thursday, June 26, 2008

Update based on EOD June 25, 2008.

  1. YI: -2
  2. Possible bottom here for: SEE
  3. Trying to bottom out in this area: The DJ-30, IFN, SNA, and SNE
  4. Moderately oversold at this point: ARM, CSL, IDA, IWM, NYB, QCOM, TKR, and XPLT
  5. Trying to hold some rising trend line support here: AKNS, FCX, NAT, the VXO, and XSLV
  6. Trying to hold falling trend line support: ALEX, CAT, and T2118
  7. Attempting to hold the 28 DMA here: MEOH and PBY
  8. 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
  9. Attempting to break above the 28 DMA here: WSO
  10. Anything posted here may be off base.

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