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

1. Yi: +4.25
2. Possible bottom in place for: $USD
3. Attempting to bottom out in this area: $VIX and LMT
4. Moderately oversold now: PEG
5. Attempting to hold the 65 day: MKC
6. Attempting to hold the 28 day: KO and LPL
7. Moderately overbought now: C, HCBK, LDK
8. Standard overbought: AXP, BBT, EEFT, SHLD, URE, USB, WFC, WY, XLF
9. Extremely overbought: ACF, BAC, KBE
10. Toppy here: $HGX, $PLAT, CBK, KBE, MMC, PGM, RJZ, SLV, SLW, SYY, TPX, URE, USB, UYG, WFC, X, XLF
11. Possible top in place for: AA, CTB, LEN
12. RBS has gone parabolic.
13. A break out in either direction is on the way for: AKNS
14. Anything posted here may be off base.