T.A. update for the open, January 7, 2010.

1. Yi: +5.6
2. Now trying to hold some rising trendline support: AMAT, COGO, DELL, EXP, STX, TSM, USD, WHR, XLU
3. Attempting to hold the 65 DMA here: PAYX
4. Attempting to hold the 28 day: BMY
5. Now up against rising trendline resistance: BGS, CLF, CTB, DDM, IFN, SU, TAN, TSL, X
6. Trying to break above some falling trendline resistance: $BDI, ACAS, AXP, C, PBY, SHI
7. Attempting to break above the 65 DMA here: FUQI, RBS, RGLD, SPWRA, WFC
8. Moderately overbought now: $DJW, $HGX, BA, BAC, BBT, ENER, FXI, GDX, GF, JOSB, NM, PHI, PTR, RJA, ROK, SLV, SLW, UYG, WFR, XLF
9. Overbought: ACH, KFT, RJZ, WOR, XOP, YGE, WDC
10. Toppy here: $SPX, CHK, EGO, EWA, FRO, RJI
11. A possible top here for: CSIQ
12. A probable top here for: AAPL
13. Anything posted here may be off base.