T.A. update for the open, July 31, 2009.

1. Yi: +5
2. Now trying to bottom out: GDX and HMY
3. Moderately oversold here: $XAU, GLD, RGLD, SLV, WOR
4. Attempting to hold the 65 day: $GOLD, $WTIC, ASA, SU, TOT
5. Trying to hold the 28 day: $USD, SLW, SSRI, WFR
6. Attempting to break above the 65 day: BA
7. Moderately overbought now: $DJW weekly, CNK, MMC, PAYX, PG, SYY, TLB
8. Standard overbought at this point: AMAT, PHI, SKS
9. Toppy here: AMAT, CREE, CSL, DELL, GPC, KFT, QQQQ, SDTH, SKS
10. Possible top in place for: EEFT and ROK
11. A break out in either direction is on the way for: NOK
12. Anything posted here may be off base.

T.A. update for the open, July 30, 2009.

1. Yi: +4.5
2. Moderately oversold now: ABX, AVN, GDX, GFI, HMY, NEM
3. Attempting to hold the 65 day here: $XOI, AVAV, KGC
4. Trying to hold the 28 day: GG and WFR
5. Trying to break above the 65 day: C
6. Moderately overbought now: $PLAT, BAC, TLB
7. Standard overbought: DELL
8. Toppy here: BPZ and IDA
9. Possible top here for: ACF, CAT, CREE, DELL, EWA
10. A break out in either direction is on the way for: PEP
11. Anything posted here may be off base.

T.A. update for the open, July 29, 2009.

1. Yi: +4.75
2. LMT is trying to bottom out in this area.
3. ERIC is now moderately oversold.
4. ASA and GLD are attempting to hold their 28 day moving averages.
5. BBT is trying to break above it's 28 day.
6. NAT and SUN are attempting to break above their 65 day.
7. BPZ, CPSL, KBE, NM, UYG are all now moderately overbought.
8. $HGX, SDTH, VFC are "standard overbought" now.
9. $CRB, $SPX, ARM, DDM, FXI, MEOH, PTR, RBS, RJZ, TKR, VFC, X, XOP, YGE are getting "toppy" here.
10. Anything posted here may be off base.

T.A. update for the open, July 28, 2009.

1. Yi: +5
2. We may have a possible bottom here for the: $VIX
3. QID is trying it's best to bottom out in this area.
4. LMT is now "standard oversold".
5. RX is moderately oversold.
6. FRO and TLB are trying to break above their 28 day moving average.
7. ENER, GE, MMC and PAYX are now attempting to break above their 65 day moving average.
8. The following are "moderately overbought": $IIX weekly, $WTIC, AKNS, CLF, ENER, FSLR, GOOG, JASO, LDK, NST, OCR, PTR, SKS, SLV, TAN, USB
9. The following are "standard overbought": $OEX, ACF, ARM, CSIQ, EEFT, IDA, IRF, KFT, NWL, OGE, PLL, RJZ, XLU, YGE
10. The following are "extremely overbought": ACH, CAT, DDM, DVY, FXI, IWM
11. These are acting a bit "toppy" on the daily chart: $XOI, BMY, KFT, LOW, LUFK, NWL, OGE, PLL, QQQQ, WATG
12. A possible top may be in place for: MEOH and SHI
13. And finally, a break out in either direction is on the way for: WFC
14. Anything posted here may be off base.

T.A. update for the open, July 27, 2009.

• Yi: +5
• Possible bottom here for: QID
• Attempting to hold the 65 day: HCBK
• Attempting to hold the 28 day: TIE
• Attempting to break above the 28 day: FRO and MMC
• Attempting to break above the 65 day: FSLR and GTU
• Moderately overbought here: $CRB, $HGX, $XOI, AA, ARM, B, BMY, CHK, CREE, EEFT, EWJ, IRF, JOSB, MOT, PBW, PEG, RJI, SDTH, SHLD, SLW, SUN, T, TSM, UGA, URE, WY, XOP, YGE
• Standard overbought: $SPX, ACH, BNI, CAKE, CAT, CBK, CTB, DVY, IWM, LEN, LOW, LUFK, MTH, QQQQ, RAIL, SHI, SPWRA, SWK, TKR, USD, WATG, WDC, WSO
• Extremely overbought: CSL, MEOW, ROK
• Toppy here: $HGX, $OEX, AMAT, CTB, DVY, EWI, EXP, IWM, LEN, MFE, MTH, ROK, SHI, SU, T, USD
• Possible top here for: $DJX, $SOX, KFT, TSL
• A breakout in either direction is on the way for: GIS and SEED
• Anything posted here may be off base.

T.A. update for the open, July 24, 2009.

• Yi: +5
• Possible bottom here for: $USD
• Trying to bottom out in this area: BPOP
• Extremely oversold now: $VIX
• Moderately oversold: TIE
• Attempting to hold the 65 day moving average: MSCC and TLB
• Attempting to hold the 28 day: AVAV, KO, XLF
• Attempting to break above the 65 day: SLV
• Moderately overbought now: DELL, NST, SDTH, USB, VFC
• Standard overbought now: EXP, F, LEN, MTH, SHI, STX
• Possible top here for: NTES and SHI
• Anything posted here may be off base.

T.A. update for the open, July 23, 2009.

• Yi: +4.75
• Standard oversold now: NOK
• Moderately oversold: BBT, C, GE, LMT
• Attempting to hold the 65 day here: ACAS, TLB, WFC
• Attempting to break above the 65 day: AKNS, GA, GFI, PRBLX Weekly chart.
• Moderately overbought now: EWI, T, TOT, V
• Standard overbought: OGE, TSL, VFC
• Toppy here: $DJX, AVP, CSCO, DDM, ERIC, EWA, GF, IYY, OGE, WFR
• A break out in either direction is on the way for: CNK, PEG, SKS
• Anything posted here may be off base.

T.A. update for the open, July 22, 2009.

• Yi: +5 (The warning flags are still flying.)
• Standard oversold now: $USD and QID
• Attempting to hold the 65 day here: BAC
• Attempting to break above the 65 day: $DJW weekly chart, $PLAT, B, BA, SEED
• Moderately overbought now: $CRB, $GOLD, ABX, ASA, BNI, CHK, CLF, COGO, CSL, RBS
• Standard overbought: $DJX, $OEX, AVP, CAT, CSCO, DDM, EWA, GF, GLW, MEOH, ROK
• Toppy here: $SPX, AAPL, BNI, DVY, EXP, GLW, LEN, PLL, ROK, SHI, SWK, TPX, TSM, UGP
• Possible top here for: QQQQ
• Anything posted here may be off base.

T.A. update for the open, July 21, 2009.

1. Yi: +5
2. Now attempting to bottom out: $VIX
3. Attempting to break above the 28 day: $CRB, $WTIC, DELL, LDK, MBI, PGM, RJA, RJI, SLV, TAN, UGA
4. Attempting to break above the 65 day: CHK, COGO, GTU, NEM, PRBLX, T, WY
5. Moderately overbought now: ACH, ELN, ERIC, EXP, GLD, IFN, KGC, LUFK, MEOH, MTH, NM, PTR, RAIL, RJZ, SLW, SU, WY
6. Standard overbought: FXI, IYY, LPL, QCOM
7. Extremely overbought: AAPL and IBM
8. Toppy in this area: $SOX, IBM, IWM, KGC, LOW, MSCC, NTES, NWL, PG, PTEN, TKR, V, WATG, X
9. A break out in either direction is on the way for: ARM and MOT
10. Anything posted here may be off base.

T.A. update for the open, July 20, 2009.

• Yi: +4.75 (So we are once again relatively overbought in the general market, and this indicator is telling us some type of correction is coming due, or even a resumption of the long term bear market, but there are absolutely no guarantees of course, as on rare occasions this pretty reliable indicator can be wrong.)
• Now trying to bottom out: QID
• Moderately oversold: $USD and NOK
• Attempting to hold the 65 day: MOT
• Attempting to break above the 28 day: $PLAT, B, JASO, PPW, PTR
• Attempting to break above the 65 day: $HGX, BA, CLF, LDK, MTH, SLW, SSRI, SYY
• Moderately overbought now: $DJX, $HGX, $OEX, $XAU, $XOI, AA, AVP, EGO, FCX, GLW, JOSB, LEN, LOW, OGE, PLL, TSL, TSM, WATG, XOP
• Standard overbought: AMAT, LPL, MFE, NTES, TPX, USD
• Toppy here: $OEX, ACF, AMAT, AXP, DDM, NTES, PLL, QCOM, QQQQ, ROK, WDC, WHR, WSO
• Anything posted here may be off base.

T.A. update for the open, July 17, 2009.

1. Yi: +4.75
2. Attempting to break above the 28 day: $GOLD, AA, ABX, ASA, C, CHK, CREE, GTU, LUFK, NAT, NEM, SLW, SUN
3. Attempting to break above the 65 day: $CRB, $PLAT, $XOI, BBT, CAT, FRO, GE, JOSB, MMC, PGM, RJI, TAN, TIE, URE, WOR, XOP
4. Moderately overbought: $DJX, $OEX, $SPX, AAPL, ACF, AEM, BAC, BGF, CAKE, CBK, CSCO, CSIQ, DDM, DVY, EWA, EWI, FXI, GDX, GF, GG, GPC, IDA, IRF, IWM, IYY, KBE, KGC, KO, LMT, MKC, NWL, PEG, PEP, QCOM, QQQQ, SHLD, TKR, TOT, UGP, UYG, V, WFR, WSO
5. Standard ovebought: $SOX, AXP, GOOG, KFT, MFC, PG, PLL, ROK
6. Toppy here: CTB, HCBK, MFE, USD, VFC
7. More later. Anything posted here may be off base.

T.A. update for the open, July 16, 2009.

1. Yi: +4.25
2. Possible bottom in this area for: SPWRA
3. Now trying to bottom out: $VIX and BPOP
4. Standard oversold: $VIX
5. Moderately oversold: $BDI weekly chart and DELL
6. Attempting to break above the 28 day: $HGX, NM, NTES, SSRI, TSL, URE, WFR
7. Attempting to break above the 65 day: OCR, UGA, USB, V
8. Moderately overbought now: $SOX, AMAT, AVAV, NTES, PTEN, TPX, VFC, WOR, X, XLF, XLU
9. Standard overbought: USD, WDC, WHR
10. Anything postd here may be off base.

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

1. Yi: +3
2. Now trying to bottom out: ELN
3. Moderately oversold: $GOLD weekly chart.
4. Attempting to hold the 65 day: DELL
5. Attempting to break above the 28 day: $XAU, ACH, ASA, CREE, CSIQ, FCX, GE, NAT, RJZ, WY
6. Attempting to break above the 65 day: $GOLD, CEF, RGLD, SU, TSM
7. Moderately overbought now: BNI, BPZ, MSCC, RAIL, STX, SWK
8. Standard overbought: CTB
9. A break out in either direction is on the way for: WATG
10. Anything posted here may be off base.

T.A. update for the open, July 14, 2009.

• Yi: +2.5
• Possible bottom here for: C, CHK, CLF, ENER, GDX, GTU, HMY
• Trying to bottom out in this area: AEM, ASA, BPOP, CEF, CREE, EEFT, EXP, GLD, MOT, PAYX, SEED, SHLD, SLV, SYY
• Attempting to hold the 65 day: AVP, EWJ, FXI, GG
• Attempting to hold the 28 day: LPL
• Attempting to break above the 38 day: USB
• Attemping to break above the 28 day: $SOX, BPZ, JOSB, KBE, NM, NOK, NTES, NWL, QQQQ, UYG, WFC, XLF
• Attempting to break above the 65 day: GLW, IRF, IWM, JASO, LOW, PTEN, SWK, TSL
• Moderately overbought: KFT, MFE, PG, PLL, ROK, SHI
• Anything posted here may be off base.

T.A. update for the open, July 13, 2009.

• Yi: +1.25
• Possible bottom here for: B and FRO
• Trying to bottom out: $WTIC, CSL, EGO, GFI, IWM, JASO, NAT, PGM, RGLD, SLW, TLB, UGA
• Extremely oversold: ENER and HMY
• Standard oversold: URE
• Moderately oversold: CBK, GLD, PEP, SHLD
• Attempting to hold the 28 day: $USD
• A break out in either direction is on the way for: LOW and VFC
• Anything posted here may be off base.

T.A. update for the open, July 10, 2009.

1. Yi: +1.5
2. Possible bottom here for: $HGX and $PLAT
3. Now attempting to bottom out in this area: $CRB, $GOLD, $XAU, $XOI, ABX, AKNS, BBT, COGO, FRO, GA, HMY, MTH, NM
4. Extremely oversold now: BPOP
5. Standard oversold: $XAU and COGO
6. Moderately oversold: $CRB, $GOLD, $WTIC, AEM, CSL, EXP, T
7. Attempting to hold the 65 day: $WTIC, ACF, CNK, ELN, ERIC, IFN, KGC, MOT, NST, SKS, TLB
8. Attempting to hold the 28 day: ACAS
9. Attempting to break above the 28 day: OCR
10. A break out in either direction is on the way for: AXP, CTB, WFC
11. Anything posted here may be off base.

T.A. update for the open, July 9, 2009.

1. Yi: +1.25
2. Now trying to bottom out: BA, BPZ, CAT, ENER, FSLR, IBM, PTEN, RJA
3. Extremely oversold: SUN
4. Standard oversold: $HGX, $XOI, B, C, CAT, ENER, FRO, FSLR, RJA, WFR, XOP
5. Moderately oversold now: $DJX, $OEX, $SOX, $SPX, ACH, BMY, BNI, CREE, CSCO, CSL, DDM, DVY, IWM, IYY, LEN, LUFK, NM, NOK, PBW, ROK, SEED, TAN, TSL, TSL, URE, USD, WY, XLF
6. Attempting to hold the 65 day: BAC, CPSL, ERIC, F, GF, GG, MEOH, MFE, PEG, QCOM, QQQQ, SDTH, XLU, YGE
7. Attempting to hold the 28 day: CBK, DELL, KO, NST, STX
8. Attempting to break above the 65 day: $VIX and QID
9. A break out in either direction is on the way for: PBY
10. Anything posted here may be off base.

T.A. update for the open, July 8, 2009.

• Yi +1.5
• Trying to bottom out in this area: MBI, NEM, SSRI, SU
• Standard oversold at this point: GMGMQ and HMY
• Moderately oversold: $PLAT, $XAU, ABX, CEF, CPSL, EGO, FCX, GFI, GG, JOSB, LOW, PGM, RAIL, RGLD, SLW, SPWRA, TIE, URE, VFC
• Attempting to hold the 65 day: AA, CAKE, CSIQ, MSCC, UGP, WHR
• Attempting to hold the 28 day: BAC
• Moderately overbought now: LPL
• Toppy here: PEP
• Has gone parabolic, which is normally a bearish sign: GIS
• Anything posted here may be off base.

T.A. update for the open, July 7, 2009.

• Yi: +2.5
• Now trying to bottom out: B and V
• Standard oversold: BPZ, CHK, MBI, WOR
• Moderately oversold now: $XOI, AA, BA, BBT, CAT, CLF, FRO, GA, GDX, GE, IBM, IRF, KBE, MEOH, MMC, MTH, NAT, NEM, PAYX, PTEN, SLV, SU, SWK, SYY, TLB, TOT, TPX, TSM, USB, UYG, V, XOP
• Attempting to hold the 65 day: $DJX, $GOLD, $OEX, $SOX, $SPX, ABX, ACH, ASA, AXP, BNI, DVY, EWA, EWI, FRO, GLD, GOOG, GPC, IWM, IYY, LUFK, MOT, NM, NWL, PBW, PLL, PTR, RBS, RJI, RJZ, ROK, SEED, SHLD, UGA, WFC, WSO, X
• Attempting to hold the 28 day: ACF, ARM, CNK, EXP, PEG, QCOM, T
• Anything posted here may be off base.

T.A. update for the open, July 6, 2009.

• Yi: +2.5
• Standard oversold at this point: BPOP
• Moderately oversold: SSRI
• Attempting to hold the 65 day: AKNS, FCX, GLW, LMT, NOK, NTES, TIE, TPX, XLF
• Attempting to hold the 28 day: LDK and QCOM
• Attempting to break above the 28 day: NWL
• Moderately overbought now: CTB, KFT, KO, SDTH
• Standard overbought: MKC
• Extremely overbought: GIS
• Toppy here: AVAV, CTB, IFN, STX
• A break out in either direction is on the way for: $GOLD, $PLAT, $SOX, MEOH, SPWRA, UGP
• Anything posted here may be off base.

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

• Yi: +4
• Now trying to bottom out: ENER and RJA
• Moderately oversold: HMY
• Attempting to hold the 28 day: $WTIC, AKNS, FRO, MEOH, V
• Attempting to hold the 65 day: $PLAT, AXP, BBT, CEF, HMY, SLV, TKR
• Attempting to break above the 28 day: ASA, FCX, JOSB, LUFK
• Attempting to break above the 65 day: AMAT, CLF, CSCO, IBM, OCR
• Moderately overbought: JOSB and USD
• Standard overbought: CNK
• Toppy here: MOT
• A break out is on the way for: AA, GTU, KBE
• Anything posted here may be off base.

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

• Yi: +3.5
• Possible bottom here for: SUN
• Trying to bottom out in this area: $VIX and FSLR
• Standard oversold now: ENER
• Moderately oversold: ELN
• Attempting to hold the 28 day here: $DJX and TLB
• Attempting to hold the 65 day: $XOI, GA, RGLD, T
• Attempting to break above the 28 day: DVY, EWI, GF, URE, XLF
• Attempting to break above the 65 day: CEF, EXP, IRF, LOW, PTEN
• Moderately overbought now: BAC, CNK, ERIC, EWA, EXP, GPC, LDK, PEG, ROK, SKS, XLU
• Standard overbought: ARM, AVAV, MFE, PEP, TPX
• Toppy here: ACF, AVP, OGE, QQQQ, WDC
• A break out in either direction is on the way for: AKNS, BBT, EEFT, WY
• Anything posted here my be off base.