Friday, May 28, 2010

T.A. update for the open, May 28, 2010.

  1. Yi: +2.55
  2. Moderately oversold: PRBLX and PRBLX-weekly.
  3. Up against the 28 DMA here: SLW
  4. 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
  5. Up against the 65 day moving average: AMAT, ASA, C, CAT, CTB, LOW, LPL, RBS, SHI, SSRI, URE
  6. Moderately overbought now: $GOLD, COST, EGO, FRO, GDX, GG, GLD, JOSB, LUFK, NWL, RGLD, TIE, WSO
  7. A possible top here for: $BDI
  8. Anything posted here may be off base.

Thursday, May 27, 2010

T.A. update for the open, May 27, 2010.

  1. Yi: +0.8
  2. A possible bottom here for: $DJW, $PLAT, $XOI
  3. Trying to bottom out in this area: $NYA50R, $OEX, $SPX, AXP
  4. Now up against falling trendline resistance: $GASO, $XAU, ABX, ACF, ACH, AMAT
  5. Up against the 65 DMA: AEM, ASA, AVAV
  6. Overbought: $BDI
  7. Anything posted here may be off base.

Wednesday, May 26, 2010

T.A. update for May 26, 2010.

  1. Yi: +1.1 (If the zero line holds here, that would be a short term positive for the market.)
  2. 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
  3. Now trying to bottom out in this area: $SPX, ACAS, ACH, ARM, BBT, BPOP, CAKE, CBZ, EWI, MBI, MOT, NAT, PBW, QLD
  4. Extremely oversold: $DJW
  5. Oversold: BA
  6. Moderately oversold: PG
  7. Trying to hold some rising trendline support: $VIX
  8. Anything posted here may be off base.

Tuesday, May 25, 2010

T.A. update for the open, May 25, 2010.

  1. 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.)
  2. Now trying to bottom out: $PLAT, $WTIC, AEM, NOK
  3. Extremely oversold: BPZ
  4. Oversold: $IIX, A, ACF, BMY, CNK, CREE, DELL, GE
  5. Moderately oversold: $DJX, AMAT, COGO, COST
  6. Attempting to hold the 65 DMA here: $DJW-weekly
  7. Up against rising trendline resistance: $BDI
  8. Up against falling trendline resistance: $GASO, ACH, C, EGO
  9. Attempting to break above the 65 DMA here: ACAS
  10. Anything posted here may be off base.

Monday, May 24, 2010

T.A. update for May 24, 2010.

  1. Yi: +1.8
  2. A possible bottom forming here for: $CRB
  3. 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
  4. Extremely oversold: $NYA50R-weekly, EEFT, ENER, ROK
  5. 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
  6. 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
  7. Trying to hold some rising trendline support: GDX and TLB
  8. Attempting to hold the 65 DMA here: ABX, AMSC, CSL, EXP, GDX, JOSB, MBI, PBY, RAIL, RGLD, SLW, TLB, WHR
  9. Up against falling trendline resistance: CLF, EWI, FCX, FRO, FSLR, FXI, JASO, LDK, LMT, MFE, RBS, RJA, TSL
  10. Toppy here: $VIX
  11. Anything posted here may be off base.

Friday, May 21, 2010

T.A. update for the open of May 21, 2010.

  1. 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.)
  2. A possible bottom here for: CSIQ
  3. Now trying to bottom out: EWI, MFE, NM
  4. Extremely oversold now: $NYA50R, ACH, EWA, FUQI
  5. Oversold here: $DJW, $OEX, $SPX, $XOI, CHK, DDM, EWJ, F, GF, GMR, GOOG, IRF, KGC, KO, MEOH, NM
  6. 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
  7. Trying to hold some rising trendline support: ABX and CBZ
  8. Attempting to hold the 65 DMA here: AAPL, BPOP, GG, JOSB
  9. Attempting to hold the 28 day: $GOLD and DM
  10. Overbought: $VIX
  11. Anything posted here may be off base.

Thursday, May 20, 2010

T.A. update for the open, May 20, 2010.

  1. Yi: +3.29
  2. A possible bottom here for: $GASO and $WTIC
  3. Now trying to bottom out: AA, BAC, BMY, C, CHK, ENER, FSLR, SPWRA, TAN
  4. Extremely oversold: $XOI, ENER, SPWRA, TAN
  5. Oversold: CLF, EWA, PGM
  6. 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
  7. Now trying to hold some rising trendline support: $DJX, $HGX, A, CAT, EGO
  8. Attempting to hold the 65 DMA here: $XAU, BBT, CBZ, KFT, MKC, NEM, NWL, SLV
  9. Attempting to hold the 28 day: GLD
  10. Anything posted here may be off base.

Wednesday, May 19, 2010

T.A. update for the open, May 19, 2010.

  1. Yi: +3.55
  2. Now trying to bottom out: $CRB, $WTIC, NOK, UGA
  3. Extremely oversold: $CRB
  4. Oversold: $GASO, FCX, UGA, V, WDC, WFR, X
  5. Moderately oversold: F, FSLR, LOW, NM, OCR, SU, USB, WOR, XLF, XOP
  6. Trying to hold rising trendline support: $GOLD, $OEX, GG, LPL, WY
  7. Attempting to hold the 65 DMA here: $PLAT, KGC, LEN, LPL, PGM, SKS
  8. Trying to hold falling trendline support: GF
  9. Up against falling trendline resistance: AMAT, ELY, LDK, LEN, MTH
  10. Attemting to break above the 65 day: COGO
  11. Moderately overbought now: AVAV and PG
  12. Overbought: GIS
  13. Anything posted here may be off base.

Tuesday, May 18, 2010

T.A. update for the open, May 18, 2010.

  1. Yi: +4.4
  2. Now trying to bottom out: $XOI, AVP, BMY, BPZ, CHK, CLF
  3. Extremely oversold: CSIQ
  4. Oversold: $WTIC and ACH
  5. Moderately oversold: $SPX, $DJX, $IIX, $OEX, $SOX, AA, AXP, BAC, C, CSCO
  6. Now trying to hold rising trendline support: $GASO and ABX
  7. Attempting to hold the 65 DMA here: $HGX, ACAS, CAKE, CAT
  8. Attempting to hold the 28 day: AAPL, AEM, ASA
  9. Attempting to break above the 28 day: CBZ
  10. Moderately overbought: $VIX
  11. Overbought: AMSC
  12. Toppy here: $GOLD-weekly
  13. A possible top here for: $BDI and $USD
  14. Anything posted here may be off base.

Monday, May 17, 2010

T.A. update for the open, May 17, 2010.

  1. Yi: +4.3
  2. Extremely oversold: NOK
  3. Oversold: V
  4. Moderately oversold: EWJ, FXI, LDK, LMT, PAYX, PTEN, PTR, QLD, SSO, STX, TSM, USD, UYG, WDC
  5. Attempting to hold the 65 DMA here: GE, IDA, LEN, MTH, OGE, PHI, RBS, SHLD, SWK, VFC, WY
  6. Attempting to hold the 28 day: PEP, PG, TLB
  7. Attempting to break above the 65 day: QID
  8. Extremely overbought: $USD
  9. A break out in either direction is on the way for: JASO and WATG
  10. Anything posted here may be off base.

Friday, May 14, 2010

T.A. update for the open, May 14, 2010.

  1. Yi: +5.4
  2. Attempting to break above the 28 DMA here: A
  3. Up against falling trendline resistance: AA, AAPL, GMR, LPL, LUFK, MSCC
  4. Overbought: NEM
  5. Moderately overbought now: $BDI-weekly, $NYA50R, $XAU, AMSC, AVAV, KGC, MKC
  6. Toppy: GIS
  7. A break out in either direction is on the way for: BPOP and NTES
  8. Anything posted here may be off base.

Thursday, May 13, 2010

T.A. update for May 13, 2010.

  1. Yi for 5/12/10: +5.77
  2. Yi for 5/13/10: +6.14
  3. Oversold: AVP
  4. Moderately oversold: $VIX
  5. Attempting to hold the 65 DMA: CNK
  6. Up against rising trendline resistance: ARM, IBM, KGC
  7. Attempting to break above the 28 day: $HGX, $IIX, DDM
  8. Trying to break above falling trenbdline resistance: $DJW, $SPX, ACF, AMAT, BA, CBK, CLF, FCX, FXI
  9. Moderately overbought: $DJX, AAPL, ASA, B, BBT, BGS, CAT, CREE, CSL, CTB, EXP, IWM, JOSB
  10. Overbought: $BDI, $XAU, AEM, GIS
  11. Extremely overbought: GG
  12. Toppy here: $GOLD, ABX, ARM, EGO, GDX, GG, GLD
  13. Anything posted here may be off base.

Tuesday, May 11, 2010

T.A. update for the open, May 11, 2010.

  1. Yi: +6
  2. Now trying to bottom out: $CRB, $WTIC, BPZ, EEFT
  3. Attempting to hold the 28 DMA: PRBLX-weekly
  4. Attempting to break above the 28 DMA here: PGM, RBS, ROK
  5. Extremely oversold here: FUQI
  6. 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
  7. Attempting to break above the 65 DMA here: $OEX, COGO, GF, IRF, LDK, NAT, SCHG, SHI
  8. Toppy here: $GOLD
  9. More later. Anything posted here may be off base.

Monday, May 10, 2010

T.A. update for the open, May 10, 2010.

  1. Yi: +3.55
  2. Now trying to bottom out in this area: CSIQ, ENER, EWA, EWI, FXI, GLW, MFE, MOT, NOK, PTEN, RJA, SEED, STX
  3. Extremely oversold: $NYA50R
  4. Oversold: $CRB, $DJW, $OEX, $SPX, $WTIC, ACF, AMSC, HCBK, LDK, WATG
  5. 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
  6. Attempting to hold the 65 DMA here: AAPL, ACAS, ARM, B, BGS, CTB, SHLD, SKS, SSRI, SUN, SYY, TKR
  7. Attempting to hold the 28 day: ASA and TLB
  8. Now trying to hold falling trendline support: $NYA50R-weekly, AA, CHK
  9. Trying to break above falling trendline resistance: KFT
  10. Overbought: $BDI, $GOLD, EGO, GG
  11. Extremely overbought: GLD
  12. Toppy here: $USD
  13. Anything posted here may be off base.

Friday, May 7, 2010

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

  1. Yi: +4.4
  2. Extremely oversold: CSIQ and ENER
  3. Oversold: $NYS50R, $XOI, AVP, BPZ, ELN, FXI, GLW, MEOH, QCOM, SDTH
  4. 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
  5. Trying to hold rising trendline support: $PLAT, $SOX, $SPX, $XAU, ACF, AEM, CTB, DELL, MBI, PBY
  6. 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
  7. Attempting to hold the 28 day: MBI
  8. Moderately overbought: QID
  9. Overbought: GLD
  10. Extremely overbought: $VIX
  11. More later. Anything posted here may be off base.

Thursday, May 6, 2010

T.A. update for the open, May 6, 2010.

  1. Yi: +6.57
  2. Trying to bottom out in this area: NTES, QCOM, SPWRA, WFR, X
  3. Oversold: AA, ACH, EWI, FCX, FUQI, GOOG, NOK, NTES, SEED, SPWRA, TAN, TOT
  4. 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
  5. 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
  6. 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
  7. Attempting to hold the 28 day: AAPL, ASA, CAT, RBS, ROK, WFC
  8. Trying to hold some rising trendline support: ELN
  9. Overbought: $USD, $VIX, DM
  10. A break out in either direction is on the way for: KFT
  11. Anything posted here may be off base.

Wednesday, May 5, 2010

T.A. update for May 5, 2010.

  1. Yi: +6.95
  2. More later. Anything posted here may be off base.

Tuesday, May 4, 2010

T.A. update for the open, May 4, 2010.

  1. Yi: +8.28
  2. Trying to bottom out in this area: ENER
  3. Moderately oversold: AA, WFC, X
  4. Trying to hold some rising trendline support: AVAV, CAT, ELY, STX
  5. Attempting to hold the 65 DMA here: ACF, COGO, EWJ, F, MSCC, PAYX, V
  6. Attempting to hold the 28 day: $DJX
  7. Attempting to break above the 28 day: PEP
  8. Moderately overbought now: $WTIC
  9. Overbought: JASO
  10. Toppy here: SUN
  11. A possible top here for: $GOLD
  12. Anything posted here may be off base.

Monday, May 3, 2010

T.A. update for the open, May 3, 2010.

  1. Yi: +7.5
  2. Now trying to bottom out in this area: EEFT and NOK
  3. Oversold: MFE
  4. Moderately oversold: HCBK and MEOH
  5. Now trying to hold some rising trendline support: AXP, NAT, SCHA, SWK, WFR
  6. Attempting to hold the 65 DMA here: IRF
  7. Now up against rising trendline resistance: $GASO
  8. Attempting to break above the 28 DMA here: BMY
  9. Now trying to break above falling trendline resistance: JASO and SU
  10. Moderately overbought: GIS, MKC, MTH, PEG, PEP, PHI, SLV, SSRI, SUN
  11. Overbought: B, GDX, LPL, NEM, OGE
  12. Toppy here: $XAU, ABX, ACAS, AEM, GDX, GG, MKC, NEM, RGLD, SLW, SSRI, VFC
  13. A possible top in this area for: ASA and EGO
  14. Anything posted here may be off base.