Tuesday, November 17, 2009

T.A. update for the open, November 18, 2009.

  1. Yi: +4.8
  2. Now trying to bottom out: MBI
  3. Average oversold here: SPWRA
  4. Moderately oversold: BAC
  5. Attempting to break above the 28 DMA: X
  6. Attempting to break above the 65 day: GMR, GPC, LPL, PBW, TAN
  7. Moderately overbought now: ASA, BA, IRF, IWM, RJA, RJZ, ROK, SLV, SSRI, SU, TIE, X, VOD
  8. Average overbought: $SPX, $XAU, AXP, DVY, F, FXI, IYY, MKC, NM, SSO, TKR, TOT
  9. Extremely overbought: DDM and NEM
  10. Toppy here: $DJX, AVP, BMY, CLF, CSIQ, GLD, GLW, MSCC, SHLD, SWK, WDC
  11. A possible top forming here for: $IIX, $OEX, GIS, PGM
  12. Has gone parabolic: $GOLD
  13. A break out in either direction is on the way for: ARM, MEOH, NWL
  14. Anything posted here may be off base.

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