T.A. update for the open, August 4, 2009.

1. Yi: +5
2. Moderately oversold now: ENER, FSLR, NAT
3. Attempting to hold the 65 day: MKC and TOT
4. Attempting to hold the 28 day: DELL and WFR
5. Attempting to break above the 65 day: GA and NEM
6. Moderately overbought now: $NYA50R weekly, $XAU, AEM, ASA, ELN, GDX, GG, GLD, IFN, RJI, WSO
7. Standard overbought: AA, ARM, BAC, BMY, CBK, EGO, EWA, EWJ, F, LOW, RJZ, UGA
8. Extremely overbought: SHI
9. Toppy here: ACH, ARM, GE, LOW, WHR
10. A break out in either direction is on the way for: SHLD
11. Anything posted here may be off base.