Wednesday, June 3, 2009

T.A. update for the open, June 3, 2009.

  1. YI: +5, and so, we are "officially overbought" once again.
  2. Possible bottom here for: QID
  3. Attempting to hold the 28 DMA here: C and WFC
  4. Attempting to break above the 65 day: COGO
  5. Moderately overbought now: $HGX, AA, ARM, CAT, CPSL, CSCO, DVY, EEFT, F, GLW, GPC, IBM, IDA, IRF, JOSB, MBI, MOT, MSCC, NAT, OGE, PAYX, PG, PLL, RAIL, ROK, SDTH, SWK, SYY, TKR, WY
  6. Standard overbought: $GOLD weekly chart, $OEX, $PLAT, $SPX, $XOI, BA, BNI, DDM, EWA, IWM, IYY, KFT, LUFK, PBW, PEG, PEP, PGM, PTEN, QQQQ, TLB, WSO
  7. Extremely overbought: ACF, ACH, GF, GOOG
  8. Toppy here: AVP, BNI, BPZ, CNK, CREE, FCX, FXI, GOOG, NOK, PBW, WGW
  9. Possible top here for: $CRB, $DJX, CSIQ
  10. Probable top here for: $WTIC, AAPL, IFN, NTES
  11. Anything posted here may be off base.

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