T.A. update for the open, March 16, 2010.

1. Yi: +5.97
2. Moderately oversold now: CHK and PTEN
3. Trying to hold some rising trendline support here: $SOX, ACF, EXP, HCBK, JASO, MSCC, MTH, PBY
4. Up against rising trendline resistance: LUFK
5. Trying to break above some falling trendline resistance here: $VIX
6. Moderately overbought now: AVP, GF, KFT
7. Overbought: BBT, BGS, F
8. Toppy here: $DJW, ACF, BBT, BGS, F, GMR, LOW
9. A possible top here for: A, IDA, PAYX
10. A break out in either direction is on the way for: ASA and QCOM
11. More later. Anything posted here may be off base.