T.A. update for the open, June 2, 2009.

1. Yi: +5
2. Now trying to bottom out in this area: $VIX and ACAS
3. Extremely oversold: $USD
4. Moderately oversold: SEED
5. Attempting to hold the 65 day moving average: PLG
6. Attempting to break above the 28 day: BBT, EXP, LPL
7. Attempting to break above the 65 day: The $BDI weekly chart.
8. Moderately overbought now: $PLAT, CAKE, ENER, FSLR, HCBK, IWM, LDK, MEOH, OCR, PEP, PGM, QCOM, SPWRA, SUN
9. Standard overbought: $SOX, ACH, BPZ, CHK, LMT, PBW, RJA, RJZ, USD, X
10. Extremely overbought: FCX, FXI, KO, LUFK, NTES
11. Toppy here: GDX, NM, SLW, WGW
12. Possible top here for: $GOLD, ASA, SLV, SSRI
13. Probable top here for: $XAU
14. Has gone parabolic now: $CRB, $WTIC, $XEU, ACF, CSIQ, PTR, RJI, SU
15. A break out in either direction is on the way for: MFE
16. Anything posted here may be off base.