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

1. Incredibly the Yi is still stuck at +4.5, that is six days straight, which has never happened before, so how much longer can this sideways market last?
2. Moderately oversold at this level: $HGX, ABX, BPZ, EGO, GDX, RGLD
3. Attempting to hold the 28 day moving average: $HGX, CAKE, CREE, PG, SSRI, URE
4. Attempting to hold the 65 day: B, LOW, MBI, TSM
5. Attempting to break above the 28 day: EXP
6. Moderately overbought now: The $OEX weekly chart, BAC, RBS, SHI, STX
7. Standard overbought: OGE
8. Extremely overbought: $CRB
9. Toppy here: $WTIC, ACH, CSL, FXI, IFN, RJI, RJZ, SPWRA, TIE, WATG, X
10. Possible top in place for: MEOH
11. A break out in either direction is on the way for: $DJX, DVY, MFE, ROK, WY
12. Anything posted here may be off base.