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.