T.A. update for the open, January 22, 2010.

1. Yi: +4.5
2. Now trying to bottom out: RJA and SPWRA
3. Oversold: FXI
4. Moderately oversold: $WTIC, $XOI, ABX, ASA, ENER, EWI, FCX, FUQI, GLD, NEM, PEG, SPWRA, T, TAN, TOT
5. Trying to hold some rising trendline support: $DJX, $SOX, AA, ASA, AXP, BAC, BPZ, DDM, F, KFT, MKC, PBW, PEP, RAIL, RJI, SWK, T, TSL, UGA, WY
6. Attempting to hold the 65 DMA here: GOOG, JASO, WFC
7. Trying to hold falling trendline support: NTES
8. Trying to break above some falling trendline resistance: TLB
9. Moderately overbought now: $USD, ACF, ELY, KBE
10. Overbought: BBT and CREE
11. Toppy here: MBI and OGE
12. A possible top here for: ACAS
13. More later. Anything posted here may be off base.