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

1. Yi: +5.11
2. Trying to hold some rising trendline support: CREE, CSIQ, EEFT, FRO, JASO, LOW, MSCC, NEM, NM, PBW, SHLD, SWK, TAN, TSM, URE, X, YGE
3. Attempting to hold the 65 DMA here: NAT and SLW
4. Trying to hold falling trendline support: GF and SLV
5. Now up against rising trendline resistance: IRF and OGE
6. Trying to break above some falling trendline resistance: WSO
7. Attempting to break above the 65 DMA here: TLB
8. Moderately overbought now: RJI
9. A possible top here for: GIS
10. A break out in either direction is on the way for: PG
11. Happy New Year! Anything posted here may be off base.

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

1. Yi: +5.1
2. Trying to bottom out: MOT
3. Now trying to hold some rising trendline support: $SOX, AA, BBT, CLF, ELN, GMR, JOSB, LPL, PBY, USD
4. Attempting to hold the 28 DMA here: AXP
5. Now up against rising trendline resistance: MEOH
6. Trying to break above some falling trendline resistance: GE, IFN, KO, LMT
7. Moderately overbought now: $WTIC, B, EWJ, IBM, SYY
8. Overbought: LUFK
9. Extremely overbought: GIS
10. Toppy here: $CRB, $DJX, $GASO, $OEX, CSL, DDM, DVY, GIS, GOOG, IDA, IYY, LUFK, NST
11. A possible top here for: CAKE and F
12. A probable top here for: BGS
13. A break out in either direction is on the way for: NTES
14. Anything posted here may be off base.

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

1. Yi: +5.2
2. Moderately oversold: MOT
3. Up against rising trendline resistance: $DJX
4. Attempting to break above the 28 DMA here: ASA, PGM, SLW
5. Trying to break above some falling trendline resistance: ACAS, EWI, SHI, SU, TKR, USB, WATG, XLU
6. Attempting to break above the 65 DMA here: $XAU, SLV, SLW, WFR
7. Moderately overbought now: $GASO, $OEX, $PLAT, $XOI, BA, CSCO, DELL, GPC, MFE, SSO, UGA, WOR
8. Overbought: AAPL, GOOG, QQQQ, URE, X, XOP
9. Extremely overbought: SHLD
10. Toppy here: $IIX, $PLAT, $SPX, ARM, CHK, CLF, COGO, CREE, HCBK, IRF, LPL, OGE, PPBW, QLD, SPWRA, SSO, SUN, SWK, TIE, URE, USD, X, XOP
11. A possible top here for: AA, STX, WDC
12. A probable top here for: $SOX
13. Going parabolic: SHLD
14. Anything posted here may be off base.

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

1. Yi: +5.15
2. Trying to bottom out: ENER
3. Now moderately oversold: $BDI, GG, LMT
4. Trying to hold rising trendline support: AMAT, BMY, GLW, LOW
5. Attempting to hold the 65 DMA here: LMT
6. Up against rising trendline resistance: ACF and GPC
7. Attempting to break above the 28 DMA here: FUQI, GF, MMC
8. Trying to break above some falling trendline resistance: $DJW, $GASO, $XOI, AEM, AXP, CAT, CSCO, EWA, EWJ, SHI
9. Attempting to break above the 65 DMA here: ASA, B, GDX, MBI, RGLD, SLV, SLW
10. Attempting to break above the 99 day: FXI
11. Now moderately overbought: $CRB, $DJX, $HGX, AAPL, CLF, DELL, EGO, FCX, HCBK, KFT, LEN, MFE, MKC, MTH, NWL, OCR, QCOM
12. Overbought: $IIX, AMAT, MSCC, OGE, PRBLX-weekly.
13. Extremely overbought: PLL
14. Toppy here: BGS, CTB, F, IDA, IWM, MSCC, QCOM, SWK, TIE
15. A possible top here for: CSIQ, LPL, NST
16. A break out in either direction is on the way for: ELN and PAYX
17. Anything posted here may be off base.

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

1. Yi: +4.9
2. A possible bottom here for: ACAS and RBS
3. Oversold: $VIX
4. Moderately oversold: $GOLD, GE, GLD, SLV
5. Trying to hold some rising trendline support: FRO and GA
6. Trying to hold falling trendline support: SHI
7. Attempting to hold the 65 DMA here: $GOLD, $PLAT, LMT, NAT
8. Up against rising trendline resistance: A, AA, GLW, SSO
9. Attempting to break above the 28 DMA here: CAT
10. Attempting to break above the 65 day: $GASO, JOSB, AVP, BAC, EEFT, EWI, FXI, IFN, JOSB, NEM, NOK, NTES, PTR, RGLD, SSRI
11. Moderately overbought now: $HGX, $SPX, AAPL, AXP, DVY, QCOM, ROK, T, TOT
12. Overbought: ARM, COGO, CTB, IWM
13. Extremely overbought: $SOX and F
14. Toppy here: $USD, AA, AMAT, CNK, GIS, SKS, TIE
15. Going parabolic: CSIQ
16. Anything posted here may be off base.

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

1. Yi: +4.75
2. Now trying to bottom out: ACAS, AEM, ASA
3. Oversold: ACAS
4. Moderately oversold: ASA and SLV
5. Trying to hold rising trendline support: GMR
6. Attempting to hold the 65 DMA here: $CRB, GLD, LMT, NAT
7. Attempting to hold the 28 day: RJZ
8. Trying to hold falling trendline support: SHI
9. Up against rising trendline resistance: $IIX, $SPX, AA, CREE, CTB, IBM, IYY, SSO
10. Attempting to break above the 65 day: $PLAT, $XOI, LEN, PEP, SDTH
11. Trying to break above some falling trendline resistance: $DJW, $NYA50R-weekly, $OEX, CSCO, KBE, NOK, NTES
12. Moderately overbought now: AMAT, CHK, GPC, QCOM, ROK, SKS, T, TOT
13. Overbought: $SOX, AA, GIS, IRF, TIE
14. Extremely overbought: CSIQ and NST
15. Toppy here: BPZ, CAKE, CSIQ, JASO
16. A possible top here for: ARM
17. A break out in either direction is on the way for: BBT and CAT
18. Anything posted here may be off base.

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

1. Yi: +4.6
2. Trying to bottom out in this area: AVP, FXI, PTR
3. Oversold now: ACAS
4. Moderately oversold: IFN
5. Trying to hold some rising trendline support: CAT and KO
6. Attempting to hold the 65 DMA here: $GOLD and EWJ
7. Attempting to hold the 28 day: TLB
8. Now up against rising trendline resistance: AA, BMY, CREE, IYY, JASO, NST, PBW, SSO, STX, SWK, TAN, TSL, USD, YGE
9. Attempting to break above the 28 DMA here: SUN and WFC
10. Attempting to break above the 65 day: AVAV, CAT, MOT, UYG, WOR
11. Trying to break above falling trendline resistance: $OEX, A, AAPL, AXP, CLF, CSCO, EEFT, ENER, GG, NWL, SDTH, TKR, VFC, VOD, WFR, WSO, XLF
12. Overbought now: LPL, PLL, SHLD, USD, WHR
13. Toppy here: CAKE, FRO, STX, X, XOP
14. A possible top here for: $USD
15. Anything posted here may be off base.

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

1. Yi: +4.05
2. Now trying to bottom out in this area: AEM, BPOP, C, CPSL, KBE, NOK, PBY, PEP
3. Oversold: AEM and KGC
4. Moderately oversold: $XAU, $XOI, ABX, ACH, BAC, BBT, ENER, LDK, NEM, PTR, SEED, SHI, TKR
5. Trying to hold some rising trendline support: $SPX, ASA, AXP, BAC, CLF, FCX, GG, IWM, LMT, PHI, RJA, SU, SYY, URE, WATG, XLU
6. Attempting to hold the 65 DMA here: $OEX, GA, TKR
7. Attempting to hold the 38 day: $PLAT
8. Attempting to hold the 28 day: $IIX, A, AXP, DDM
9. Trying to hold falling trendline support: ACAS, AVP, FUQI, IFN, KBE, RBS, RGLD, WSO
10. Up against rising trendline resistance: STX
11. Attempting to break above the 28 day: MBI
12. Attempting to break above the 65 day: $GASO, $GOLD, PTEN
13. Now trying to break above some falling trendline resistance: JOSB, LDK, MTH, WFC
14. Moderately overbought here: CHK and PLL
15. Overbought: $USD, FRO, LUFK, WDC
16. Going parabolic: V
17. A break out in either direction is on the way for: UYG
18. Anything posted here may be off base.

T.A. update for December 18, 2009.

1. Yi: +3.75
2. Trying to bottom out: GDX, NEM, SUN, WSO
3. Extremely oversold: C
4. Moderately oversold: AVP, BPOP, CSCO, EWA, EWI, EXP, FXI, GDX, GG, PEP, RGLD, TKR, UGP, WATG, XLF
5. Attempting to hold the 65 DMA here: GLD, PGM, PHI, SLW, SSRI, TOT
6. Attempting to hold the 28 day: QQQQ, RJZ, ROK, SSO, T
7. Trying to hold some rising trendline support: $PLAT, ACF, ACH, BBT, CREE, IYY, NWL, PEG, YGE
8. Trying to hold falling trendline support: KGC and SHI
9. Now up against rising trendline resistance: ARM, MSCC, WHR
10. Trying to break above falling trendline resistance: $VIX
11. Moderately overbought now: $CRB and CSL
12. Overbought: ARM
13. Toppy here: BPZ, IRF, WDC
14. A possible top here for: CNK
15. A break out in either direction is on the way for: GE
16. Anything posted here may be off base.

T.A. update for December 17, 2009.

1. Yi: +4.4
2. Trying to bottom out in this area: $XAU, ABX, MBI
3. Oversold: C
4. Moderately oversold now: KBE, PBY, PTR, SUN, USB
5. Trying to hold some rising trendline support: AVP, GLW, GOOG, IDA, LMT, LOW, MKC, MSCC, NM, OGE, ROK, SSO, WY
6. Attempting to hold the 65 DMA here: AAPL, NEM, TKR, UGP
7. Attempting to hold the 38 day: $OEX
8. Trying to hold falling trendline support: AEM, NOK, QCOM, USB
9. Now up against rising trendline resistance: $SOX, BPZ, CREE, CTB, FRO, LUFK, MEOH
10. Attempting to break above the 65 day: $HGX
11. Trying to break above some falling trendline resistance: $CRB, $HGX, $WTIC, CAT, EEFT, MFE, MTH, NTES, SKS
12. Moderately overbought: LUFK, STX, SWK, XOP
13. Overbought: CTB, IRF, WDC, X
14. Extremely overbought: CSIQ
15. Toppy here: CLF, CSIQ, F
16. A possible top here for: TSL
17. Anything posted here may be off base.

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

1. Yi: +4.3
2. Now trying to bottom out: $VIX, RBS, WFR
3. Moderately oversold: $BDI-weekly, AEM, MOT
4. Trying to hold some rising trendline support: CSCO, FXI, GE, HCBK, TSM
5. Attempting to hold the 28 DMA here: STX
6. Trying to hold falling trendline support: MTH
7. Up against rising trendline resistance: IYY, LDK, URE
8. Attempting to break above the 28 DMA here: CAT
9. Attempting to break above the 65 day: PTEN, SU, TLB
10. Trying to break above falling trendline resistance: $GASO, $NYA50R-weekly, $OEX, $SPX, LEN, MFE, NM, UYG
11. Moderately overbought now: $USD, FRO, FSLR, GA, IWM, OCR, PBW, TAN
12. Overbought: CSIQ, GLW, IDA, JASO, LOW, NST, TIE
13. Extremely overbought: TSL and V
14. Toppy here: ARM, BMY, CAKE, DDM, DVY, FSLR, GPC, IDA, KO, LOW, NST, TIE, V
15. A break out in either direction is on the way for: USD
16. Anything posted here may be off base.

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

1. Yi: +4.6
2. Trying to hold some rising trendline support: GMR and SSRI
3. Attempting to hold the 65 DMA here: ABX and PEP
4. Attempting to hold the 28 day: WHR
5. Trying to hold falling trendline support: C
6. Attempting to break above the 28 day: B
7. Now up against rising trendline resistance: $DJX, COGO, CSIQ
8. Attempting to break above the 65 day: ASA
9. Now trying to break above some falling trendline resistance: ACAS, BBT, CSL, EEFT, NOK, SHI
10. Moderately overbought at this level: ARM, AXP, CLF, QQQQ, SHLD
11. Overbought: GPC, LOW, PRBLX-weekly, XLU
12. Toppy here: AA, CBK, NST, OGE, PEG, ROK, XLU
13. A possible top here for: KO
14. A break out in either direction is on the way for: CSCO
15. Anything posted here may be off base.

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

1. Yi: +4.3
2. Probable bottom here for: LEN
3. A possible bottom here for: MMC
4. Now trying to bottom out in this area: $GASO, BAC, C, JOSB, QID, UGA, WFC
5. Moderately oversold: ACAS and EXP
6. Attempting to hold the 65 DMA here: RJI
7. Trying to hold some rising trendline support: $DJW-weekly, BPOP, BPZ, CREE, CSIQ, IFN, KBE, MKC, MSCC, PHI, PTR
8. Attempting to hold the 28 day: WHR
9. Trying to break above falling trendline resistance: $HGX, $NYA50R-weekly, NWL, RJZ, VFC, XOP
10. Moderately overbought now: AA, BGS, CAKE, CBK, COGO, GPC, IBM
11. Up against some rising trendline resistance: DVY, GIS
12. Overbought: KO, LPL, NST, PEG, ROK
13. Toppy here: COGO
14. A break out in either direction is on the way for: B, BBT, CSIQ, SDTH, SEED, WY
15. Anything posted here may be off base.

T.A. update for the open, December 11, 2009.

1. Yi: +4.25
2. Trying to bottom out in this area: $WTIC, $XOI, NTES
3. Average oversold here: WFC
4. Now moderately oversold: $GASO, C, GMR, JOSB, NYES, UGA
5. Attempting to hold the 65 DMA here: $CRB and LMT
6. Trying to hold rising trendline support: $VIX and MBI
7. Attempting to hold the 38 day: $PLAT
8. Trying to hold falling trendline support: QID
9. Attempting to break above the 28 day: AAPL and SUN
10. Attempting to break above the 65 day: ENER
11. Trying to break above falling trendline resistance: AA, CTB, MFE, QLD, QQQQ
12. Up against rising trendline resistance: $SOX, BGS, COGO, IBM, MEOH, QCOM, SWK
13. A possible top here for: $SOX
14. A break out in either direction is on the way for: KFT, UGP, UYG
15. Anything posted here may be off base.

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

1. Yi: +3.95
2. A possible bottom here for: LEN and MFE
3. Now trying to bottom out in this area: CPSL, DELL, FUQI, MMC, NOK, PTEN, SHI, WFC
4. Average oversold: MMC
5. Moderately oversold: $GOLD, $HGX, $WTIC, $XAU, $XOI, ASA, AVP, BAC, EWI, FCX, FXI, GDX, GLD, KGC, PLL, RJI, SHI, SLV
6. Attempting to hold the 65 DMA here: $XAU, ABX, CAT, CSCO, EGO, OCR
7. Trying to hold rising trendline support: $GASO, AVP, BPZ, C, CREE, DVY, EWA, F, KGC, UGP, UYG
8. Trying to hold falling trendline support: CAKE and MFE
9. Attempting to hold the 38 day: PEP and QLD
10. Attempting to hold the 28 day: $DJX, $IIX, $OEX, DDM, PG, QQQQ, PG
11. Trying to break above falling trendline resistance: AAPL, GPC, MEOH
12. Attempting to break above the 65 DMA here: MOT
13. Moderately overbought now: $USD and NST
14. Toppy here: BA
15. A possible top in place here for: SYY
16. A break out in either direction is on the way for: ELN
17. Anything posted here may be off base.

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

1. Yi: +3.75
2. Average oversold: RBS and WFC
3. Moderately oversold now: GG, KGC, PGM, UYG, VFC, XLF
4. Attempting to hold the 65 DMA here: FXI, GDX, GF, SLV, TIE, UGA
5. Trying to hold rising trendline support: ACH, BPOP, CSIQ, CSL, EWA, GOOG, LOW, MKC, PHI, PTR, RJI, UGP
6. Attempting to hold the 28 DMA here: GE, PG, QLD, QQQQ, SLW, SSO, VOD
7. Trying to hold falling trendline support: JOSB, SHI, USB
8. Trying to break above falling trendline resistance: $VIX
9. Moderately overbought now: TLB
10. Attempting to break above the 65 day: FSLR and TLB
11. Toppy here: JASO, PEP, ROK, SYY
12. A probable top here for: CNK
13. A break out in either direction is on the way for: $HGX and ACF
14. Anything posted here may be off base.

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

1. Yi: +4.25
2. Moderately oversold now: ABX, NOK, PTEN, SU, WFC
3. Attempting to hold the 65 DMA here: AVAV, FCX, PTR
4. Trying to hold rising trendline support: $SPX, FRO, IBM, KBE, NWL, OCR
5. Attempting to hold the 28 DMA here: $GOLD, AEM, GLD
6. Trying to hold falling trendline support: LEN
7. Attempting to break above the 65 day: GF
8. Trying to break above falling trendline resistance: ACAS
9. Moderately overbought now: CAKE and TAN
10. Average overbought: DVY
11. Toppy here: $SOX, GIS, GLW, T, YGE
12. Going parabolic: CNK
13. A break out in either direction is on the way for: HCBK
14. Anything posted here may be off base.

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

1. Yi: +4.35
2. Probable bottom here for: RAIL
3. A possible bottom here for: LEN
4. Now trying to bottom out in this area: DELL
5. Average oversold now: CHK, LEN, MTH
6. Moderately oversold now: $WTIC, KFT, XOP
7. Attempting to hold the 65 DMA here: $XOI, AAPL, ASA
8. Trying to hold rising trendline support: $OEX, AA, AEM, AXP, BAC, CLF, GIS, NEM, NTES, SHLD, SLV, USB, X
9. Attempting to hold the 28 DMA here: AXP, CAT, MOT, PGM
10. Trying to hold falling trendline support: DELL and PTEN
11. Trying to break above falling trendline resistance: B, BMY, EEFT, LDK, MMC
12. Trying to break above horizontal trendline resistance: IBM
13. Attempting to break above the 65 DMA here: $USD
14. Now up against rising trendline resistance: $SPX, A, DDM, GE, IFN, MKC, TAN, USD
15. Moderately overbought here: A, AMAT, CSCO, FSLR, IRF, JASO, ROK, STX, XLU
16. Average overbought now: GLW and T
17. Toppy here: CNK, FRO, NST
18. A possible top here for: OGE
19. A break out in either direction is on the way for: ARM, SWK, XLF
20. Anything posted here may be off base.

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

1. Yi: +4.1
2. Possible bottom here for: TLB
3. Now trying to bottom out: $VIX
4. Average oversold: DELL
5. Moderately oversold: AAPL, SKS, WFC, XOP
6. Trying to hold rising trendline support: $CRB, F, LMT, NEM, SU, SWK, VFC
7. Attempting to break above the 28 DMA here: B and IWM
8. Trying to break above falling trendline resistance: $SOX, AA, ACH, AVAV, BBT, CBK, CSL, IBM, IRF, JASO, QCOM, QID, RBS, SHI, SPWRA, SSO, TIE, TSM, UYG, WFR, WSO, XLF
9. Attempting to break above the 65 day: BAC
10. Now up against some rising trendline resistance: ABX, FRO, IYY, TOT, TSL, WDC, WY, XLU
11. Moderately overbought now: $SOX, AEM, AVP, BPZ, EWJ, GPC, LDK, URE
12. Average overbought at this level: $XAU, FRO, GG, IDA
13. Extremely overbought: CNK
14. Toppy here: $XAU, BPZ, LPL, MKC, OGE, PAYX, WY
15. A possible top here for: CNK, CREE, GDX, GLD
16. A probable top here for: GLD
17. A break out in either direction is on the way for: ACAS
18. Anything posted here may be off base.

T.A. update for the open, December 3, 2009.

1. Yi: +4.55
2. Attempting to bottom out in this area: CBK
3. QCOM is trying to hold some rising trendline support.
4. Trying to break above falling trendline resistance here: $GASO, $WTIC, AVAV, EWA, EXP, GMR, JOSB, NTES, NWL, USB, VFC, XOP
5. Attempting to break above the 65 DMA: BBT, EWJ, GA, GPC
6. Up against rising trendline resistance: GG, NAT, URE
7. Moderately overbought now: $IIX, $OEX, $SPX, A, ASA, AVAV, CTB, DDM, DVY, FXI, IYY, LDK, PEG, STX, TIE, UGP, WDC
8. Average overbought at this level: BA, CLF, EGO, GDX, OGE, PAYX, WY
9. Extremely overbought now: CREE
10. Toppy here: CSIQ, NEM, SLV, SLW, SSRI, TSL, XLU
11. A possible top here for: PEP
12. A break out in either direction is on the way for: C
13. Anything posted here may be off base.

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

1. Yi: +4.5
2. Now trying to bottom out in this area: BA, CSL, EEFT, ENER, MTH
3. Attempting to hold the 65 DMA here: ARM
4. Attempting to hold the 28 day: AVP and FCX
5. Attempting to break above the 28 day: MBI, WFR, XOP
6. Now trying to break above falling trendline resistance: PBY and PTR
7. Attempting to break above the 65 day: AMAT, KBE, NTES, PBW
8. Now up against rising trendline resistance: RGLD
9. Moderately overbought now: EWA, FRO, IFN, KGC, LPL, LUFK, MEOH, MKC, MSCC, PEP, PG, PHI, QLD, QQQQ, SSO, SU, SYY, T, TAN, TOT, USB, USD, WATG, WY, YGE
10. Average overbought: SLV, SLW, SSRI, V, WHR
11. Extremely overbought: TSL
12. Toppy here: AXP, F, NST, SEED
13. A possible top in place for: CSIQ and NEM
14. Has gone parabolic: PGM
15. Anything posted here may be off base.

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

1. Yi: +3.85
2. A possible bottom here for: CPSL, PBY, RAIL, SHI
3. Now trying to bottom out in this area: $HGX, ELN, GMR, MMC, RBS
4. Average oversold now: CBK and ENER
5. Moderately oversold: $HGX, ACH, COGO, CSL, DELL, EWI, KFT, NOK
6. Attempting to hold the 65 DMA here: $XOI, CSCO, GF, GG, IFN
7. Attempting to hold the 28 day: $IIX, AAPL, ACF, ASA, AVP, DVY, GE, OGE, SKS, WDC
8. Attempting to break above the 28 day: EWJ and XLF
9. Moderately overbought now: X
10. Going parabolic: TSL
11. A break out in either direction is on the way for: NWL
12. Anything posted here may be off base.