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.