- Yi: +2.55
- Moderately oversold: PRBLX and PRBLX-weekly.
- Up against the 28 DMA here: SLW
- Now up against some falling trendline resistance: $DJW, $HGX, A, AA, ACAS, AXP, B, BAC, BPOP, BPZ, CBZ, CHK, COGO, DM, ELY, ENER, EWA, GE, GF, GMR, GPC, HCBK, JASO, LEN, LPL, MEOH, MMC, NAT, NEM, NM, NTES, PHI, PLL, PTR, QLD, QQQQ, RJA, RJZ, SDTH, SUN, SWK, USD, WFC, WY, XOP, YGE
- Up against the 65 day moving average: AMAT, ASA, C, CAT, CTB, LOW, LPL, RBS, SHI, SSRI, URE
- Moderately overbought now: $GOLD, COST, EGO, FRO, GDX, GG, GLD, JOSB, LUFK, NWL, RGLD, TIE, WSO
- A possible top here for: $BDI
- Anything posted here may be off base.
Friday, May 28, 2010
T.A. update for the open, May 28, 2010.
Thursday, May 27, 2010
T.A. update for the open, May 27, 2010.
- Yi: +0.8
- A possible bottom here for: $DJW, $PLAT, $XOI
- Trying to bottom out in this area: $NYA50R, $OEX, $SPX, AXP
- Now up against falling trendline resistance: $GASO, $XAU, ABX, ACF, ACH, AMAT
- Up against the 65 DMA: AEM, ASA, AVAV
- Overbought: $BDI
- Anything posted here may be off base.
Wednesday, May 26, 2010
T.A. update for May 26, 2010.
- Yi: +1.1 (If the zero line holds here, that would be a short term positive for the market.)
- A possible bottom here for: $DJX, $HGX, $NYA50R, $OEX, $WTIC, $XOI, AVP, BMY, BPZ, CAT, CHK, CNK, CTB, DELL, ELY, ENER, HCBK, HOGS, IDA, IFN, IRF, JASO, KGC, LDK, LPL, OCR, PTEN
- Now trying to bottom out in this area: $SPX, ACAS, ACH, ARM, BBT, BPOP, CAKE, CBZ, EWI, MBI, MOT, NAT, PBW, QLD
- Extremely oversold: $DJW
- Oversold: BA
- Moderately oversold: PG
- Trying to hold some rising trendline support: $VIX
- Anything posted here may be off base.
Tuesday, May 25, 2010
T.A. update for the open, May 25, 2010.
- Yi: +1.05 (So if the zero line does not hold here, we may have to take a trip down to the -4 or -5 area to get the market completely sold out.)
- Now trying to bottom out: $PLAT, $WTIC, AEM, NOK
- Extremely oversold: BPZ
- Oversold: $IIX, A, ACF, BMY, CNK, CREE, DELL, GE
- Moderately oversold: $DJX, AMAT, COGO, COST
- Attempting to hold the 65 DMA here: $DJW-weekly
- Up against rising trendline resistance: $BDI
- Up against falling trendline resistance: $GASO, ACH, C, EGO
- Attempting to break above the 65 DMA here: ACAS
- Anything posted here may be off base.
Monday, May 24, 2010
T.A. update for May 24, 2010.
- Yi: +1.8
- A possible bottom forming here for: $CRB
- Trying to bottom out: $DJW, $HGX, $IIX, $NYA50R, $OEX, $SPX, $XOI, A, AA, ACF, ACH, BA, CNK, CREE, CSCO, CTB, DDM, EEFT, ENER, EWA, EWJ, F, FUQI, GF, GLW, GMR, GOOG, GPC, IDA, IFN, IRF, IWM, KGC, KO, MMC, MSCC, OGE, PGM, PLL, PTEN, PTR, QCOM, QLD, QQQQ, RJI, SCHG, SDTH, SHLD, SKS, SSO, SSRI, SWK, TSM, WATG, WDC, WFR, WSO, WY, X
- Extremely oversold: $NYA50R-weekly, EEFT, ENER, ROK
- Oversold: AA, AVP, DELL, ELN, ELY, HCBK, KO, MFE, MMC, NM, OCR, PHI, PLL, PTEN, QCOM, SDTH, SHLD, SSO, SSRI, STX, SU, UGA, UYG, VOD, WDC, WY, X
- Moderately oversold: ABX, AVAV, BAC, BPOP, CBK, CBZ, EGO, GPC, NST, OGE, PBW, PEP, ROK, SKS, SUN, T, TKR, TSM, URE, USD, VFC, WFC, WOR, WSO, XLU
- Trying to hold some rising trendline support: GDX and TLB
- Attempting to hold the 65 DMA here: ABX, AMSC, CSL, EXP, GDX, JOSB, MBI, PBY, RAIL, RGLD, SLW, TLB, WHR
- Up against falling trendline resistance: CLF, EWI, FCX, FRO, FSLR, FXI, JASO, LDK, LMT, MFE, RBS, RJA, TSL
- Toppy here: $VIX
- Anything posted here may be off base.
Friday, May 21, 2010
T.A. update for the open of May 21, 2010.
- Yi: +1 (So we are getting close to the zero line now, and it will be interesting to see if the market can find some support in the next trading day or two.)
- A possible bottom here for: CSIQ
- Now trying to bottom out: EWI, MFE, NM
- Extremely oversold now: $NYA50R, ACH, EWA, FUQI
- Oversold here: $DJW, $OEX, $SPX, $XOI, CHK, DDM, EWJ, F, GF, GMR, GOOG, IRF, KGC, KO, MEOH, NM
- Moderately oversold: $PLAT, $XAU, ACAS, AEM, ARM, ASA, B, BBT, CAKE, CAT, CREE, DELL, DVY, ELY, GDX, GG, HCBK, IBM, IDA, IFN, IWM, IYY, LEN, LPL, MBI, MOT, MSCC, MTH, NAT
- Trying to hold some rising trendline support: ABX and CBZ
- Attempting to hold the 65 DMA here: AAPL, BPOP, GG, JOSB
- Attempting to hold the 28 day: $GOLD and DM
- Overbought: $VIX
- Anything posted here may be off base.
Thursday, May 20, 2010
T.A. update for the open, May 20, 2010.
- Yi: +3.29
- A possible bottom here for: $GASO and $WTIC
- Now trying to bottom out: AA, BAC, BMY, C, CHK, ENER, FSLR, SPWRA, TAN
- Extremely oversold: $XOI, ENER, SPWRA, TAN
- Oversold: CLF, EWA, PGM
- Moderately oversold: $HGX, $SOX, A, AXP, BA, BMY, CNK, CTB, ELY, FRO, GE, GPC, IRF, JASO, KGC, LMT, LOW, LUFK, MMC, PHI, QLD, QQQQ, SHLD, SSRI, SUN, SWK
- Now trying to hold some rising trendline support: $DJX, $HGX, A, CAT, EGO
- Attempting to hold the 65 DMA here: $XAU, BBT, CBZ, KFT, MKC, NEM, NWL, SLV
- Attempting to hold the 28 day: GLD
- Anything posted here may be off base.
Wednesday, May 19, 2010
T.A. update for the open, May 19, 2010.
- Yi: +3.55
- Now trying to bottom out: $CRB, $WTIC, NOK, UGA
- Extremely oversold: $CRB
- Oversold: $GASO, FCX, UGA, V, WDC, WFR, X
- Moderately oversold: F, FSLR, LOW, NM, OCR, SU, USB, WOR, XLF, XOP
- Trying to hold rising trendline support: $GOLD, $OEX, GG, LPL, WY
- Attempting to hold the 65 DMA here: $PLAT, KGC, LEN, LPL, PGM, SKS
- Trying to hold falling trendline support: GF
- Up against falling trendline resistance: AMAT, ELY, LDK, LEN, MTH
- Attemting to break above the 65 day: COGO
- Moderately overbought now: AVAV and PG
- Overbought: GIS
- Anything posted here may be off base.
Tuesday, May 18, 2010
T.A. update for the open, May 18, 2010.
- Yi: +4.4
- Now trying to bottom out: $XOI, AVP, BMY, BPZ, CHK, CLF
- Extremely oversold: CSIQ
- Oversold: $WTIC and ACH
- Moderately oversold: $SPX, $DJX, $IIX, $OEX, $SOX, AA, AXP, BAC, C, CSCO
- Now trying to hold rising trendline support: $GASO and ABX
- Attempting to hold the 65 DMA here: $HGX, ACAS, CAKE, CAT
- Attempting to hold the 28 day: AAPL, AEM, ASA
- Attempting to break above the 28 day: CBZ
- Moderately overbought: $VIX
- Overbought: AMSC
- Toppy here: $GOLD-weekly
- A possible top here for: $BDI and $USD
- Anything posted here may be off base.
Monday, May 17, 2010
T.A. update for the open, May 17, 2010.
- Yi: +4.3
- Extremely oversold: NOK
- Oversold: V
- Moderately oversold: EWJ, FXI, LDK, LMT, PAYX, PTEN, PTR, QLD, SSO, STX, TSM, USD, UYG, WDC
- Attempting to hold the 65 DMA here: GE, IDA, LEN, MTH, OGE, PHI, RBS, SHLD, SWK, VFC, WY
- Attempting to hold the 28 day: PEP, PG, TLB
- Attempting to break above the 65 day: QID
- Extremely overbought: $USD
- A break out in either direction is on the way for: JASO and WATG
- Anything posted here may be off base.
Friday, May 14, 2010
T.A. update for the open, May 14, 2010.
- Yi: +5.4
- Attempting to break above the 28 DMA here: A
- Up against falling trendline resistance: AA, AAPL, GMR, LPL, LUFK, MSCC
- Overbought: NEM
- Moderately overbought now: $BDI-weekly, $NYA50R, $XAU, AMSC, AVAV, KGC, MKC
- Toppy: GIS
- A break out in either direction is on the way for: BPOP and NTES
- Anything posted here may be off base.
Thursday, May 13, 2010
T.A. update for May 13, 2010.
- Yi for 5/12/10: +5.77
- Yi for 5/13/10: +6.14
- Oversold: AVP
- Moderately oversold: $VIX
- Attempting to hold the 65 DMA: CNK
- Up against rising trendline resistance: ARM, IBM, KGC
- Attempting to break above the 28 day: $HGX, $IIX, DDM
- Trying to break above falling trenbdline resistance: $DJW, $SPX, ACF, AMAT, BA, CBK, CLF, FCX, FXI
- Moderately overbought: $DJX, AAPL, ASA, B, BBT, BGS, CAT, CREE, CSL, CTB, EXP, IWM, JOSB
- Overbought: $BDI, $XAU, AEM, GIS
- Extremely overbought: GG
- Toppy here: $GOLD, ABX, ARM, EGO, GDX, GG, GLD
- Anything posted here may be off base.
Tuesday, May 11, 2010
T.A. update for the open, May 11, 2010.
- Yi: +6
- Now trying to bottom out: $CRB, $WTIC, BPZ, EEFT
- Attempting to hold the 28 DMA: PRBLX-weekly
- Attempting to break above the 28 DMA here: PGM, RBS, ROK
- Extremely oversold here: FUQI
- Attempting to break above some falling trendline resistance: AVAV, BAC, CHK, CLF, DELL, ELN, FXI, GE, GF, GLW, GPC, IYY, KBE, LEN, LUFK, MEOH, OCR, PTR, RJZ
- Attempting to break above the 65 DMA here: $OEX, COGO, GF, IRF, LDK, NAT, SCHG, SHI
- Toppy here: $GOLD
- More later. Anything posted here may be off base.
Monday, May 10, 2010
T.A. update for the open, May 10, 2010.
- Yi: +3.55
- Now trying to bottom out in this area: CSIQ, ENER, EWA, EWI, FXI, GLW, MFE, MOT, NOK, PTEN, RJA, SEED, STX
- Extremely oversold: $NYA50R
- Oversold: $CRB, $DJW, $OEX, $SPX, $WTIC, ACF, AMSC, HCBK, LDK, WATG
- Moderately oversold: $GASO, $HGX, A, AMAT, AVP, AXP, BA, BMY, C, CBZ, CSCO, DELL, ELY, FRO, FSLR, IDA, IWM, KGC, MEOH, MMC, RJI, SDTH, UGA
- Attempting to hold the 65 DMA here: AAPL, ACAS, ARM, B, BGS, CTB, SHLD, SKS, SSRI, SUN, SYY, TKR
- Attempting to hold the 28 day: ASA and TLB
- Now trying to hold falling trendline support: $NYA50R-weekly, AA, CHK
- Trying to break above falling trendline resistance: KFT
- Overbought: $BDI, $GOLD, EGO, GG
- Extremely overbought: GLD
- Toppy here: $USD
- Anything posted here may be off base.
Friday, May 7, 2010
T.A. update for the open, May 7, 2010.
- Yi: +4.4
- Extremely oversold: CSIQ and ENER
- Oversold: $NYS50R, $XOI, AVP, BPZ, ELN, FXI, GLW, MEOH, QCOM, SDTH
- Moderately oversold: $DJW, $DJX, $IIX, $OEX, $SPX, $WTIC, AAPL, BAC, CAKE, CBZ, CHK, CLF, COST, CREE, DDM, F, GE, GF, GMR, GPC, IBM, IRF, IYY, KO, LDK, LUFK, MMC, MOT, MSCC, NAT, NM, OCR, PAYX, PG, PLL, PTEN, QLD, QQQQ, RJA, SCHA, SCHB
- Trying to hold rising trendline support: $PLAT, $SOX, $SPX, $XAU, ACF, AEM, CTB, DELL, MBI, PBY
- Attempting to hold the 65 DMA here: $GASO, $HGX, $PLAT, A, AVAV, AXP, BA, BBT, CAT, CBK, CNK, CSCO, CSL, DELL, FRO, FSLR, IDA, IWM, JASO, KBE, LEN, LMT, LOW, LPL, MKC, NST, NWL, PEG, PEP, RBS, ROK
- Attempting to hold the 28 day: MBI
- Moderately overbought: QID
- Overbought: GLD
- Extremely overbought: $VIX
- More later. Anything posted here may be off base.
Thursday, May 6, 2010
T.A. update for the open, May 6, 2010.
- Yi: +6.57
- Trying to bottom out in this area: NTES, QCOM, SPWRA, WFR, X
- Oversold: AA, ACH, EWI, FCX, FUQI, GOOG, NOK, NTES, SEED, SPWRA, TAN, TOT
- Moderately oversold: $CRB, $SOX, $XOI, ACF, AVP, BPZ, COGO, EWA, EWJ, FXI, GLW, HCBK, IFN, PBW, PTR, QCOM, RJZ, SHI, STX, TIE, TSL, TSM, V, VOD, WATG, WFR, WOR, X
- Now trying to hold some rising trendline support: $DJW-weekly, $GOLD, $HGX, AMAT, EXP, FSLR, GDX, GF, GLD, JASO, JOSB, KBE, KFT, LDK, LMT, LPL, MKC, NEM, NST, OCR, RGLD, SDTH, SSRI, SYY, URE, WSO, WY
- Attempting to hold the 65 DMA here: $OEX. $PLAT, $SOX, AMAT, BAC, C, CAKE, CBZ, CREE, ELY, GPC, NM, PGM, SCHA, SCHG, TIE, USD, WDC, XOP
- Attempting to hold the 28 day: AAPL, ASA, CAT, RBS, ROK, WFC
- Trying to hold some rising trendline support: ELN
- Overbought: $USD, $VIX, DM
- A break out in either direction is on the way for: KFT
- Anything posted here may be off base.
Wednesday, May 5, 2010
Tuesday, May 4, 2010
T.A. update for the open, May 4, 2010.
- Yi: +8.28
- Trying to bottom out in this area: ENER
- Moderately oversold: AA, WFC, X
- Trying to hold some rising trendline support: AVAV, CAT, ELY, STX
- Attempting to hold the 65 DMA here: ACF, COGO, EWJ, F, MSCC, PAYX, V
- Attempting to hold the 28 day: $DJX
- Attempting to break above the 28 day: PEP
- Moderately overbought now: $WTIC
- Overbought: JASO
- Toppy here: SUN
- A possible top here for: $GOLD
- Anything posted here may be off base.
Monday, May 3, 2010
T.A. update for the open, May 3, 2010.
- Yi: +7.5
- Now trying to bottom out in this area: EEFT and NOK
- Oversold: MFE
- Moderately oversold: HCBK and MEOH
- Now trying to hold some rising trendline support: AXP, NAT, SCHA, SWK, WFR
- Attempting to hold the 65 DMA here: IRF
- Now up against rising trendline resistance: $GASO
- Attempting to break above the 28 DMA here: BMY
- Now trying to break above falling trendline resistance: JASO and SU
- Moderately overbought: GIS, MKC, MTH, PEG, PEP, PHI, SLV, SSRI, SUN
- Overbought: B, GDX, LPL, NEM, OGE
- Toppy here: $XAU, ABX, ACAS, AEM, GDX, GG, MKC, NEM, RGLD, SLW, SSRI, VFC
- A possible top in this area for: ASA and EGO
- Anything posted here may be off base.
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