Wednesday, December 9, 2009

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.

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