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

1. Yi: +4.5
2. Trying to bottom out in this area: CAT and ROK
3. Moderately oversold now: SKS
4. Attempting to hold the 65 DMA here: LEN and LOW
5. Attempting to break above the 28 day: BAC
6. Attempting to break above the 65 day: ACAS
7. Moderately overbought now: $XOI, CHK, CLF, CNK, DELL, ERIC, EWA, JASO, NOK, PTEN, TAN, TKR, XLF
8. Standard overbought: CEF, FCX, NEM, NTES, RGLD, RJI, WATG, WFR, XOP
9. Extremely overbought: $WTIC, AEM, KGC, SSRI, TOT, UGP
10. Possible top here for: AAPL, PTR, TSL
11. Has gone parabolic: $XAU, GDX, GG, IFN, SLV, X
12. A break out in either direction is on the way for: CTB, EWI, SWK, WDC, WHR
13. Anything posted here may be off base.