Monday, July 21, 2008

Update based on the July 18, 2008 close.

  1. YI: -4
  2. Trying to bottom out in this area: ERF
  3. Extremely oversold at this point: EBAY
  4. Moderately oversold: OKE and PEG
  5. Trying to hold some rising trend line support: XPLT
  6. Trying to hold falling trend line support: BHP, CSIQ, OGE, and QCOM
  7. Attempting to hold the 28 DMA here: AEM
  8. Trying to break above some falling trend line resistance: AIG, ARM, CAT, GM, KBE, NWL, V, and WB
  9. Attempting to break above the 28 DMA here: AVP, the DJ-30, DVY, GM, HON, IFN, IWM, NYB, UYG, WY, and XLF
  10. Moderately overbought now: BAC, C, CPB, WHR, and WSO
  11. Anything posted here may be off base.

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