Friday, May 29, 2009

T.A. update for the open, May 29, 2009.

  1. Yi: +3.5
  2. Standard oversold at this level: COGO and MMC
  3. Moderately oversold now: BMY, GA, GIS, ROK
  4. Attempting to hold the 28 day: PG and WFC
  5. Attempting to hold the 65 day: $HGX, GIS, MKC, PEP
  6. Attempting to break above the 28 day: AMAT and HCBK
  7. Moderately overbought now: FRO, FXI, PBW, QQQQ, SYY, TSM, USD, X
  8. Standard overbought: GLD and LUFK
  9. Extremely overbought: IFN, SLV, SU, TSL
  10. Toppy here: BGF, JASO, WDC
  11. Has gone parabolic: ASA, SU, WGW
  12. A break out in either direction is on the way for: NWL, URE, V, WATG, WY, XLF
  13. Anything posted here may be off base.

Thursday, May 28, 2009

T.A. update for the open, May 28, 2009.

  1. Yi: +3
  2. Moderately oversold now: FSLR and GM
  3. Attempting to break above the 28 day moving average: HCBK
  4. Attempting to break above the 65 day: ENER and IDA
  5. Moderately overbought now: $SOX, AAPL, GOOG
  6. Standard overbought: CREE
  7. Extremely overbought: CSIQ and IFN
  8. Possible top here for: AVP
  9. A break out in either direction is on the way for: ARM and EWA
  10. More later. Anything posted here may be off base.

Wednesday, May 27, 2009

T.A. update for the open, May 27, 2009.

  1. Yi: +4
  2. Attempting to bottom out in this area: $USD, AVAV, RAIL
  3. Moderately oversold now: AA, AKNS, CAT, CHK, ENER, LDK
  4. Attempting to hold the 28 day moving average: ACH, AXP, CAT
  5. Attempting to hold the 65 day moving average: BBT, BMY, GA, LPL
  6. Attempting to break above the 28 day moving average: GTU
  7. Attempting to break above the 65 day: T and VFC
  8. Moderately overbought now: $BDI weekly, and the $GOLD weekly charts, PBY, TLB
  9. Toppy here: $GOLD, $XAU, AEM, ASA, GG, KO, STX
  10. Has gone parabolic: TSL
  11. A break out in either direction is on the way for: C, EEFT, RBS
  12. Anything posted here may be off base.

Tuesday, May 26, 2009

T.A. update for the open, May 26, 2009.

  1. Yi: +2.5
  2. Attempting to bottom out in this area: MMC
  3. Standard oversold now: $USD
  4. Moderately oversold: $HGX, AMAT, AVAV, COGO, EXP, GPC, JOSB, OCR, PLL, RAIL, ROK, SKS, TPX, USB, USD
  5. Attempting to hold the 28 day moving average: ACAS, BAC, BPZ, CPSL, DVY, FRO, GE, GOOG, KBE, LPL, NAT, RJZ, WHR
  6. Attempting to hold the 65 day moving average: AMAT and BPOP
  7. Moderately overbought now: $GOLD, CEF, GTU, RGLD
  8. Standard overbought: EGO
  9. Toppy here: $XEU, ABX, CSIQ, GDX, GFI, NEM, SLV, WGW
  10. Possible top here for: $XAU, GG, KGC
  11. A break out in either direction is on the way for: ACF
  12. Anything posted here may be off base.

Friday, May 22, 2009

T.A. update for the open, May 22, 2009.

  1. Yi: +2.5
  2. Trying to bottom out in this area: TPX
  3. Moderately oversold now: AXP, KFT, SDTH, SUN, SWK, T, VFC, WHR, WOR, WY
  4. Attempting to hold the 28 DMA here: $DJX, $OEX, $SPX, CAT, DDM, F, IBM, IWM, IYY, KBE, NAT, QQQQ, XLF
  5. Attempting to hold the 38 DMA here: USB
  6. Attempting to hold the 65 DMA: HCBK and XLU
  7. Attempting to break above the 28 DMA: ACAS
  8. Moderately overbought now: EGO, GLD, HMY, JASO, NEM
  9. Standard overbought: ABX, AEM, FSLR, KGC, WGW
  10. Extremely overbought: $XAU, ASA, GDX, GG,
  11. Toppy here: $CRB, $WTIC, AVP, NWL, SHI
  12. Anything posted here may be off base.

Thursday, May 21, 2009

T.A. update for the open, May 21, 2009.

  1. Yi: +3.5
  2. Probable bottom here for: $VIX and QID
  3. Possible bottom here for: GTU
  4. Moderately oversold: MKC and NTES
  5. Attempting to hold the 28 day moving average: MEOH, UYG, WFC
  6. Attempting to break above the 28 day moving average: LPL
  7. Attempting to break above the 65 day moving average: ENER and IRF
  8. Moderately overbought now: $SOX, $XOI, ARM, BNI, C, CHK, CLF, CSIQ, ELN, ERIC, FRO, GOOG, LDK, MBI, NWL, PBY, RGLD, TLB
  9. Standard overbought: TSL
  10. Extremely overbought: KO
  11. Toppy here: ACH, BA, EWI, EWJ, FCX, FXI, GE, GF, KO, LUFK, PEP, PG, PHI, SLW, SSRI, TAN, TIE, TOT, UGA, WATG, WDC, X
  12. A break out in either direction is on the way for: COGO and V
  13. Anything posted here may be off base.

Wednesday, May 20, 2009

T.A. update for the open, May 20, 2009.

  1. Yi: +4
  2. Trying to bottom out in this area: NST
  3. Standard oversold now: QID
  4. Attempting to break above the 28 day moving average: $HGX, $PLAT, BPOP, JOSB, LOW, MSCC, PGM, WY
  5. Moderately overbought now: $BDI, AA, AAPL, ACF, AVP, B, BA, BPZ, CAKE, CAT, CBK, CREE, CSCO, CSL, CTB, DDM, DELL, EWA, EWI, EWJ, F, FCX, FXI, GE, GF, IBM, IWM, IYY, KBE, LEN, LUFK, MFE, MOT, NAT, NM, NOK, PBW, PEP, PG, QCOM, QQQQ, RBS, ROK, SEED, SKS, SLV, SPWRA, STX, SU, SWK, TAN, TKR, TSL, TSM, USB, USD, WATG, WDC, XLF, XOP
  6. Standard overbought: ACH, KO, SHI, SLW, TIE, UGP, WSO
  7. Extremely overbought: IFN and PTR
  8. Toppy here: PTR
  9. A break out in either direction is on the way for: NTES
  10. Anything posted here may be off base.

Tuesday, May 19, 2009

T.A. update for the open, May 19, 2009.

  1. Yi: +4
  2. Trying to bottom out in this area: ENER, GM, GTU, LPL, SHLD, SPWRA
  3. Standard oversold now: IDA
  4. Moderately oversold: OCR and RGLD
  5. Attempting to hold the 28 day moving average: HCBK, RJZ, SUN
  6. Attemting to hold the 65 DMA here: $PLAT, AVAV, XLU
  7. A break out in either direction is on the way for: EGO
  8. Anything posted here may be off base.

Monday, May 18, 2009

T.A. update for the open, May 18, 2009.

  1. Yi: +2.5
  2. Trying to bottom out in this area: SWK and TLB
  3. Moderately oversold now: ELN, LPL, LUFK, PBY, PGM, RAIL, SKS, SU, T, XLU, XOP
  4. Attempting to hold the 28 day moving average: $DJX, $SPX, $XOI, BAC, DDM, IBM, KBE, NTES
  5. Attempting to hold the 65 day moving average: AMAT JASO, LOW, T
  6. Moderately overbought now: KO
  7. Possible top here for: UGA
  8. A break out in either direction is on the way for: HCBK
  9. Anything posted here may be off base.

Friday, May 15, 2009

T.A. update for the open, May 15, 2009.

  1. Yi: +3
  2. Now trying to bottom out in this area: AKNS, IRF, SWK, USD, VFC
  3. Standard oversold at this point: ENER and TLB
  4. Moderately oversold now: $HGX, AA, AAPL, AMAT, ARM, AXP, BAC, BNI, CHK, CREE, CSCO, CSIQ, CSL, ERIC, EXP, GLW, GPC, IDA, JASO, KBE, LDK, LEN, MFE, MMC, MSCC, MTH, NAT, NM, NOK, NST, PLL, PTEN, QCOM, RBS, SDTH, SHI, SPWRA, STX, SUN, TPX, URE, WFR, WHR, WY, X
  5. Attempting to hold the 28 day moving average: $DJX, ACAS, BPOP, BPZ, CAT, CHK, CNK, DVY, EWA, FCX, GE, GOOG, IWM, IYY, LDK, MBI, NM, NOK, PBW, QQQQ, ROK, SKS, STX, TAN, USB, XLF
  6. Attempting to hold the 65 day moving average: COGO, EXP, MSCC, PLG
  7. Moderately overbought now: $GOLD
  8. Standard overbought at this point: WGW
  9. A break out in either direction is on the way for: KFT and LMT
  10. Anything posted here may be off base.

Thursday, May 14, 2009

T.A. update for the open, May 14, 2009.

  1. Yi: +2.5
  2. Extremely oversold: GM
  3. Moderately oversold: BBT, CAKE, CBK, CLF, COGO, EEFT, EXP, FRO, JOSB, TKR, WOR
  4. Attempting to hold the 28 DMA here: $IIX, B, C, CPSL, F, NAT, USB, UYG, WDC, WHR
  5. Attempting to hold the 65 DMA: AKNS, GLW, USD
  6. Attempting to break above the 65 DMA: HMY
  7. Moderately overbought now: AEM, GLD, KGC, WGW
  8. Standard overbought: GDX, GFI, GG, PHI
  9. Toppy here: $XAU
  10. Anything posted here may be off base.

Wednesday, May 13, 2009

T.A. update for the open, May 13, 2009.

  1. Yi: +4
  2. Now trying to bottom out in this area: $USD, GTU, LOW
  3. Standard oversold now: VFC
  4. Moderately oversold: LOW, SWK, TSM, USB
  5. Attempting to hold the 28 day moving average: AA, AVP, BBT, CAKE, PG, URE
  6. Attempting to hold the 65 DMA here: IDA, PGM, SUN
  7. Moderately overbought now: $BDI weekly, $DJW weekly, ELN, OCR
  8. Toppy here: $WTIC, BGF, RJA
  9. A break out in either direction is on the way for: CEF
  10. Anything posted here may be off base.

Monday, May 11, 2009

T.A. update for the open, May 12, 2009.

  1. Yi: +4
  2. Now trying to bottom out: $VIX
  3. Standard oversold: $USD and IRF
  4. Moderately oversold: $SOX, PBY, SHLD, SKS, USD
  5. Attempting to hold the 10 DMA here: AAPL
  6. Attempting to hold the 28 DMA: MSCC, NOK, NTES, SHI, STX
  7. Attempting to hold the 65 DMA: ERIC, KO, MMC
  8. Attempting to break above the 65 DMA here: BMY
  9. Moderately overbought now: AVAV and MKC
  10. Standard overbought: $XEU and CHK
  11. Toppy here: $CRB, $OEX, KBE, LUFK, MBI, MOT, PEG, TIE, TOT
  12. Possible top here for: DVY, GE, IYY
  13. Probable top here for: CTB
  14. A break out in either direction is on the way for: MTH
  15. Anything posted here may be off base.

T.A. update for the open, May 11, 2009.

  1. Yi: +5 (And so, the market is very overbought now, and the probabilty of some type of correction or even the resumption of the bear market is increasing.)
  2. Moderately oversold now: ENER
  3. Attempting to hold the 28 day moving average: $HGX, $SOX, AMAT, CREE, DELL, HCBK, IBM, JOSB, MMC, QCOM
  4. Attempting to break above the 65 DMA here: AVAV
  5. Moderately overbought now: $IIX weekly, RGLD, XLU
  6. Standard overbought now: ASA, OGE, PEG, RJA, WFC
  7. Extremely overbought: ACH, PTR, XOP
  8. Toppy here: BAC, CNK, UYG
  9. Possible top here for: FXI and UGA
  10. Going parabolic: CTB
  11. Anything posted here may be off base.

Friday, May 8, 2009

T.A. update for the open, May 8, 2009.

  1. Yi: +4.5
  2. Probable bottom here for the $VIX
  3. Standard oversold: GTU
  4. Moderately oversold: COGO and RAIL
  5. Attempting to hold the 28 DMA here: ACAS, LOW, LPL, WY
  6. Attempting to hold the 65 DMA: VFC
  7. Attempting to break above the 28 DMA: $PLAT, BMY, PGM
  8. Attempting to break above the 65 DMA: $GOLD. $IIX weekly, KGC, RGLD
  9. Moderately overbought now: ABX, BPOP, C, GG, NEM, PG, PRBLX weekly.
  10. Standard overbought: $CRB, $OEX, $WTIC, $XAU, $XOI, ARM, CNK, GDX, KBE, LUFK, MOT, RJI, TIE, TOT
  11. Extremely overbought: $NYA50R weekly, FSLR, SU
  12. Toppy here: $DJX, ACH, ASA, BA, BNI, DVY, EWA, EWI, FXI, GE, GF, PTR, SLW, SSRI
  13. Possible top here for: CLF, CTB, IFN, UGA
  14. Probable top here for: F
  15. A break out in either direction is on the way for: PEP and PHI
  16. More later. Anything posted here may be off base.

Thursday, May 7, 2009

T.A. update for the open, May 7, 2009.

  1. Yi: +5
  2. Attempting to hold the 65 DMA here: COGO
  3. Attempting to break above the 28 DMA: $GOLD, AEM, TLB
  4. Moderately overbought now: AKNS, ASA, GFI, GLW, LEN, SDTH, SEED, SLV
  5. Standard overbought: BA, BAC, BBT, LDK, USB, WFR
  6. Extremely overbought: CLF, MEOH, ROK
  7. Toppy here: AXP, CSIQ, DDM, EXP, IYY, JASO, ROK, UGA, UGP, WDC
  8. Possible top here for: BPZ, CAKE, CAT, IWM, QQQQ
  9. Probable top here for: AAPL, FCX, GOOG, TPX
  10. Anything posted here may be off base.

Wednesday, May 6, 2009

T.A. update for the open, May 6, 2009.

  1. Yi: +4.5
  2. Trying to bottom out in this area: $USD
  3. Moderately oversold: GPC
  4. Attempting to hold the 28 DMA here: AVP
  5. Attempting to break above the 65 DMA: ABX, GG, GIS, GLD, MKC, SUN
  6. Moderately overbought now: $CRB, $WTIC, $XAU, $XEU, ARM, ASA, BAC, EGO, EWJ, GDX, GIS, KBE, KFT, KGC, MBI, PTEN, SHI, SLW, SPWRA, T, TIE, TKR, TOT, UYG, X
  7. Standard overbought: $SOX, $SPX, $XOI, ACAS, ACH, B, BNI, BPZ, DVY, EWA, GE, JASO, NOK, QCOM, SDTH, SSRI, TAN, UGA, USD, WFR, XLF
  8. Extremely overbought: AAPL, ACF, AXP, CTB, FCX, GF, IBM, IFN, V, WATG, WOR, WSO
  9. Toppy here: ACAS, CBK, CLF, CSL, FSLR, IFN, MFE, MSCC, NAT, NM, NWL, PBW, PEG, RBS, STX, SU, SWK, TSL, WHR
  10. Possible top here for the $IIX index.
  11. A break out in either direction is on the way for: GM
  12. Anything posted here may be off base.

Tuesday, May 5, 2009

T.A. update for the open, May 5, 2009.

  1. Yi: +5
  2. Trying to bottom out in this area: MCD
  3. Attempting to hold the 28 DMA here: OCR
  4. Attempting to break above the 65 DMA: PLG and SLV
  5. Moderately overbought now: ELN, LPL, LUFK, PEG, PRBLX, RJA, RJI, RJZ, SYY, UGA
  6. Standard overbought: AA, AVP, CLF, CPSL, CREE, CSIQ, ENER, FRO, FXI, PTR, SU, XOP
  7. Extremely overbought: CAT, NWL, RBS, STX, TSL, UGP, WSO
  8. Anything posted here may be off base.

Monday, May 4, 2009

T.A. update for the open, May 4, 2009.

  1. Yi: +4.5
  2. Moderately oversold now: ABX, CEF, GDX, GFI, GG, GLD, MCD, OCR, PGM, RGLD, SLV
  3. Attempting to hold the 28 DMA here: KBE and WGW
  4. Attempting to hold the 65 DMA: ERIC and KFT
  5. Moderately overbought now: ACH, AMAT, BPZ, CSIQ, CSL, FCX, FRO, FXI, GTU, JASO, LDK, PHI, WFR, XLU
  6. Standard overbought: CBK, EWI, GF, IFN, NM, PBW
  7. Extremely overbought: $IIX, MFE, NAT, STX, V, WDC, WHR
  8. Toppy here: $SOX, B, F, GE, LOW, SHLD, SKS, WATG, WOR
  9. A break out in either direction is on the way for: $XAU, BAC, C, MBI, NTES, PLG, XLF
  10. Anything posted here may be off base.

Friday, May 1, 2009

T.A. update for the open, May 1, 2009.

  1. Yi: +4 (It is possible the market could go into correction mode this time without hitting the Yi +5 area.)
  2. Trying to bottom out in this area: BMY
  3. Moderately oversold now: $USD, $VIX, AEM
  4. Attempting to break above the 28 day moving average: $CRB, $WTIC, $XEU, CNK, LUFK, XLU
  5. Attempting to break above the 65 day: AKNS, ENER, FTO
  6. Moderately overbought now: $DJX, $OEX, $SOX, $SPX, $XOI, BNI, DVY, EWA, EXP, LMT, LUFK, MMC, NST, OGE, PBW, PRBLX weekly, TAN, TIE, TKR, URE, XOP
  7. Standard overbought: BGF, CAT, CSCO, CSL, DELL, FSLR, IRF, IWM, IYY, LOW, MEOH, NWL, PLL, RBS, TSL, TSM, UGP, WSO
  8. Extremely overbought: MTH, QQQQ, ROK
  9. Toppy here: AAPL, ACF, BA, BBT, CAKE, CSCO, CSL, CTB, EEFT, GF, GOOG, IBM, IWM, MTH, PLL, QQQQ, SWK, TPX, V, WHR
  10. Possible top here for: AXB, AXP, B, EWI
  11. A break out in either direction is on the way for: ARM and SU
  12. Anything posted here may be off base.