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.