- Yi: +3.5
- Standard oversold at this level: COGO and MMC
- Moderately oversold now: BMY, GA, GIS, ROK
- Attempting to hold the 28 day: PG and WFC
- Attempting to hold the 65 day: $HGX, GIS, MKC, PEP
- Attempting to break above the 28 day: AMAT and HCBK
- Moderately overbought now: FRO, FXI, PBW, QQQQ, SYY, TSM, USD, X
- Standard overbought: GLD and LUFK
- Extremely overbought: IFN, SLV, SU, TSL
- Toppy here: BGF, JASO, WDC
- Has gone parabolic: ASA, SU, WGW
- A break out in either direction is on the way for: NWL, URE, V, WATG, WY, XLF
- Anything posted here may be off base.
Friday, May 29, 2009
T.A. update for the open, May 29, 2009.
Thursday, May 28, 2009
T.A. update for the open, May 28, 2009.
- Yi: +3
- Moderately oversold now: FSLR and GM
- Attempting to break above the 28 day moving average: HCBK
- Attempting to break above the 65 day: ENER and IDA
- Moderately overbought now: $SOX, AAPL, GOOG
- Standard overbought: CREE
- Extremely overbought: CSIQ and IFN
- Possible top here for: AVP
- A break out in either direction is on the way for: ARM and EWA
- More later. Anything posted here may be off base.
Wednesday, May 27, 2009
T.A. update for the open, May 27, 2009.
- Yi: +4
- Attempting to bottom out in this area: $USD, AVAV, RAIL
- Moderately oversold now: AA, AKNS, CAT, CHK, ENER, LDK
- Attempting to hold the 28 day moving average: ACH, AXP, CAT
- Attempting to hold the 65 day moving average: BBT, BMY, GA, LPL
- Attempting to break above the 28 day moving average: GTU
- Attempting to break above the 65 day: T and VFC
- Moderately overbought now: $BDI weekly, and the $GOLD weekly charts, PBY, TLB
- Toppy here: $GOLD, $XAU, AEM, ASA, GG, KO, STX
- Has gone parabolic: TSL
- A break out in either direction is on the way for: C, EEFT, RBS
- Anything posted here may be off base.
Tuesday, May 26, 2009
T.A. update for the open, May 26, 2009.
- Yi: +2.5
- Attempting to bottom out in this area: MMC
- Standard oversold now: $USD
- Moderately oversold: $HGX, AMAT, AVAV, COGO, EXP, GPC, JOSB, OCR, PLL, RAIL, ROK, SKS, TPX, USB, USD
- Attempting to hold the 28 day moving average: ACAS, BAC, BPZ, CPSL, DVY, FRO, GE, GOOG, KBE, LPL, NAT, RJZ, WHR
- Attempting to hold the 65 day moving average: AMAT and BPOP
- Moderately overbought now: $GOLD, CEF, GTU, RGLD
- Standard overbought: EGO
- Toppy here: $XEU, ABX, CSIQ, GDX, GFI, NEM, SLV, WGW
- Possible top here for: $XAU, GG, KGC
- A break out in either direction is on the way for: ACF
- Anything posted here may be off base.
Friday, May 22, 2009
T.A. update for the open, May 22, 2009.
- Yi: +2.5
- Trying to bottom out in this area: TPX
- Moderately oversold now: AXP, KFT, SDTH, SUN, SWK, T, VFC, WHR, WOR, WY
- Attempting to hold the 28 DMA here: $DJX, $OEX, $SPX, CAT, DDM, F, IBM, IWM, IYY, KBE, NAT, QQQQ, XLF
- Attempting to hold the 38 DMA here: USB
- Attempting to hold the 65 DMA: HCBK and XLU
- Attempting to break above the 28 DMA: ACAS
- Moderately overbought now: EGO, GLD, HMY, JASO, NEM
- Standard overbought: ABX, AEM, FSLR, KGC, WGW
- Extremely overbought: $XAU, ASA, GDX, GG,
- Toppy here: $CRB, $WTIC, AVP, NWL, SHI
- Anything posted here may be off base.
Thursday, May 21, 2009
T.A. update for the open, May 21, 2009.
- Yi: +3.5
- Probable bottom here for: $VIX and QID
- Possible bottom here for: GTU
- Moderately oversold: MKC and NTES
- Attempting to hold the 28 day moving average: MEOH, UYG, WFC
- Attempting to break above the 28 day moving average: LPL
- Attempting to break above the 65 day moving average: ENER and IRF
- Moderately overbought now: $SOX, $XOI, ARM, BNI, C, CHK, CLF, CSIQ, ELN, ERIC, FRO, GOOG, LDK, MBI, NWL, PBY, RGLD, TLB
- Standard overbought: TSL
- Extremely overbought: KO
- Toppy here: ACH, BA, EWI, EWJ, FCX, FXI, GE, GF, KO, LUFK, PEP, PG, PHI, SLW, SSRI, TAN, TIE, TOT, UGA, WATG, WDC, X
- A break out in either direction is on the way for: COGO and V
- Anything posted here may be off base.
Wednesday, May 20, 2009
T.A. update for the open, May 20, 2009.
- Yi: +4
- Trying to bottom out in this area: NST
- Standard oversold now: QID
- Attempting to break above the 28 day moving average: $HGX, $PLAT, BPOP, JOSB, LOW, MSCC, PGM, WY
- 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
- Standard overbought: ACH, KO, SHI, SLW, TIE, UGP, WSO
- Extremely overbought: IFN and PTR
- Toppy here: PTR
- A break out in either direction is on the way for: NTES
- Anything posted here may be off base.
Tuesday, May 19, 2009
T.A. update for the open, May 19, 2009.
- Yi: +4
- Trying to bottom out in this area: ENER, GM, GTU, LPL, SHLD, SPWRA
- Standard oversold now: IDA
- Moderately oversold: OCR and RGLD
- Attempting to hold the 28 day moving average: HCBK, RJZ, SUN
- Attemting to hold the 65 DMA here: $PLAT, AVAV, XLU
- A break out in either direction is on the way for: EGO
- Anything posted here may be off base.
Monday, May 18, 2009
T.A. update for the open, May 18, 2009.
- Yi: +2.5
- Trying to bottom out in this area: SWK and TLB
- Moderately oversold now: ELN, LPL, LUFK, PBY, PGM, RAIL, SKS, SU, T, XLU, XOP
- Attempting to hold the 28 day moving average: $DJX, $SPX, $XOI, BAC, DDM, IBM, KBE, NTES
- Attempting to hold the 65 day moving average: AMAT JASO, LOW, T
- Moderately overbought now: KO
- Possible top here for: UGA
- A break out in either direction is on the way for: HCBK
- Anything posted here may be off base.
Friday, May 15, 2009
T.A. update for the open, May 15, 2009.
- Yi: +3
- Now trying to bottom out in this area: AKNS, IRF, SWK, USD, VFC
- Standard oversold at this point: ENER and TLB
- 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
- 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
- Attempting to hold the 65 day moving average: COGO, EXP, MSCC, PLG
- Moderately overbought now: $GOLD
- Standard overbought at this point: WGW
- A break out in either direction is on the way for: KFT and LMT
- Anything posted here may be off base.
Thursday, May 14, 2009
T.A. update for the open, May 14, 2009.
- Yi: +2.5
- Extremely oversold: GM
- Moderately oversold: BBT, CAKE, CBK, CLF, COGO, EEFT, EXP, FRO, JOSB, TKR, WOR
- Attempting to hold the 28 DMA here: $IIX, B, C, CPSL, F, NAT, USB, UYG, WDC, WHR
- Attempting to hold the 65 DMA: AKNS, GLW, USD
- Attempting to break above the 65 DMA: HMY
- Moderately overbought now: AEM, GLD, KGC, WGW
- Standard overbought: GDX, GFI, GG, PHI
- Toppy here: $XAU
- Anything posted here may be off base.
Wednesday, May 13, 2009
T.A. update for the open, May 13, 2009.
- Yi: +4
- Now trying to bottom out in this area: $USD, GTU, LOW
- Standard oversold now: VFC
- Moderately oversold: LOW, SWK, TSM, USB
- Attempting to hold the 28 day moving average: AA, AVP, BBT, CAKE, PG, URE
- Attempting to hold the 65 DMA here: IDA, PGM, SUN
- Moderately overbought now: $BDI weekly, $DJW weekly, ELN, OCR
- Toppy here: $WTIC, BGF, RJA
- A break out in either direction is on the way for: CEF
- Anything posted here may be off base.
Monday, May 11, 2009
T.A. update for the open, May 12, 2009.
- Yi: +4
- Now trying to bottom out: $VIX
- Standard oversold: $USD and IRF
- Moderately oversold: $SOX, PBY, SHLD, SKS, USD
- Attempting to hold the 10 DMA here: AAPL
- Attempting to hold the 28 DMA: MSCC, NOK, NTES, SHI, STX
- Attempting to hold the 65 DMA: ERIC, KO, MMC
- Attempting to break above the 65 DMA here: BMY
- Moderately overbought now: AVAV and MKC
- Standard overbought: $XEU and CHK
- Toppy here: $CRB, $OEX, KBE, LUFK, MBI, MOT, PEG, TIE, TOT
- Possible top here for: DVY, GE, IYY
- Probable top here for: CTB
- A break out in either direction is on the way for: MTH
- Anything posted here may be off base.
T.A. update for the open, May 11, 2009.
- 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.)
- Moderately oversold now: ENER
- Attempting to hold the 28 day moving average: $HGX, $SOX, AMAT, CREE, DELL, HCBK, IBM, JOSB, MMC, QCOM
- Attempting to break above the 65 DMA here: AVAV
- Moderately overbought now: $IIX weekly, RGLD, XLU
- Standard overbought now: ASA, OGE, PEG, RJA, WFC
- Extremely overbought: ACH, PTR, XOP
- Toppy here: BAC, CNK, UYG
- Possible top here for: FXI and UGA
- Going parabolic: CTB
- Anything posted here may be off base.
Friday, May 8, 2009
T.A. update for the open, May 8, 2009.
- Yi: +4.5
- Probable bottom here for the $VIX
- Standard oversold: GTU
- Moderately oversold: COGO and RAIL
- Attempting to hold the 28 DMA here: ACAS, LOW, LPL, WY
- Attempting to hold the 65 DMA: VFC
- Attempting to break above the 28 DMA: $PLAT, BMY, PGM
- Attempting to break above the 65 DMA: $GOLD. $IIX weekly, KGC, RGLD
- Moderately overbought now: ABX, BPOP, C, GG, NEM, PG, PRBLX weekly.
- Standard overbought: $CRB, $OEX, $WTIC, $XAU, $XOI, ARM, CNK, GDX, KBE, LUFK, MOT, RJI, TIE, TOT
- Extremely overbought: $NYA50R weekly, FSLR, SU
- Toppy here: $DJX, ACH, ASA, BA, BNI, DVY, EWA, EWI, FXI, GE, GF, PTR, SLW, SSRI
- Possible top here for: CLF, CTB, IFN, UGA
- Probable top here for: F
- A break out in either direction is on the way for: PEP and PHI
- More later. Anything posted here may be off base.
Thursday, May 7, 2009
T.A. update for the open, May 7, 2009.
- Yi: +5
- Attempting to hold the 65 DMA here: COGO
- Attempting to break above the 28 DMA: $GOLD, AEM, TLB
- Moderately overbought now: AKNS, ASA, GFI, GLW, LEN, SDTH, SEED, SLV
- Standard overbought: BA, BAC, BBT, LDK, USB, WFR
- Extremely overbought: CLF, MEOH, ROK
- Toppy here: AXP, CSIQ, DDM, EXP, IYY, JASO, ROK, UGA, UGP, WDC
- Possible top here for: BPZ, CAKE, CAT, IWM, QQQQ
- Probable top here for: AAPL, FCX, GOOG, TPX
- Anything posted here may be off base.
Wednesday, May 6, 2009
T.A. update for the open, May 6, 2009.
- Yi: +4.5
- Trying to bottom out in this area: $USD
- Moderately oversold: GPC
- Attempting to hold the 28 DMA here: AVP
- Attempting to break above the 65 DMA: ABX, GG, GIS, GLD, MKC, SUN
- 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
- Standard overbought: $SOX, $SPX, $XOI, ACAS, ACH, B, BNI, BPZ, DVY, EWA, GE, JASO, NOK, QCOM, SDTH, SSRI, TAN, UGA, USD, WFR, XLF
- Extremely overbought: AAPL, ACF, AXP, CTB, FCX, GF, IBM, IFN, V, WATG, WOR, WSO
- Toppy here: ACAS, CBK, CLF, CSL, FSLR, IFN, MFE, MSCC, NAT, NM, NWL, PBW, PEG, RBS, STX, SU, SWK, TSL, WHR
- Possible top here for the $IIX index.
- A break out in either direction is on the way for: GM
- Anything posted here may be off base.
Tuesday, May 5, 2009
T.A. update for the open, May 5, 2009.
- Yi: +5
- Trying to bottom out in this area: MCD
- Attempting to hold the 28 DMA here: OCR
- Attempting to break above the 65 DMA: PLG and SLV
- Moderately overbought now: ELN, LPL, LUFK, PEG, PRBLX, RJA, RJI, RJZ, SYY, UGA
- Standard overbought: AA, AVP, CLF, CPSL, CREE, CSIQ, ENER, FRO, FXI, PTR, SU, XOP
- Extremely overbought: CAT, NWL, RBS, STX, TSL, UGP, WSO
- Anything posted here may be off base.
Monday, May 4, 2009
T.A. update for the open, May 4, 2009.
- Yi: +4.5
- Moderately oversold now: ABX, CEF, GDX, GFI, GG, GLD, MCD, OCR, PGM, RGLD, SLV
- Attempting to hold the 28 DMA here: KBE and WGW
- Attempting to hold the 65 DMA: ERIC and KFT
- Moderately overbought now: ACH, AMAT, BPZ, CSIQ, CSL, FCX, FRO, FXI, GTU, JASO, LDK, PHI, WFR, XLU
- Standard overbought: CBK, EWI, GF, IFN, NM, PBW
- Extremely overbought: $IIX, MFE, NAT, STX, V, WDC, WHR
- Toppy here: $SOX, B, F, GE, LOW, SHLD, SKS, WATG, WOR
- A break out in either direction is on the way for: $XAU, BAC, C, MBI, NTES, PLG, XLF
- Anything posted here may be off base.
Friday, May 1, 2009
T.A. update for the open, May 1, 2009.
- Yi: +4 (It is possible the market could go into correction mode this time without hitting the Yi +5 area.)
- Trying to bottom out in this area: BMY
- Moderately oversold now: $USD, $VIX, AEM
- Attempting to break above the 28 day moving average: $CRB, $WTIC, $XEU, CNK, LUFK, XLU
- Attempting to break above the 65 day: AKNS, ENER, FTO
- 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
- Standard overbought: BGF, CAT, CSCO, CSL, DELL, FSLR, IRF, IWM, IYY, LOW, MEOH, NWL, PLL, RBS, TSL, TSM, UGP, WSO
- Extremely overbought: MTH, QQQQ, ROK
- Toppy here: AAPL, ACF, BA, BBT, CAKE, CSCO, CSL, CTB, EEFT, GF, GOOG, IBM, IWM, MTH, PLL, QQQQ, SWK, TPX, V, WHR
- Possible top here for: AXB, AXP, B, EWI
- A break out in either direction is on the way for: ARM and SU
- Anything posted here may be off base.
Subscribe to:
Posts (Atom)