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.