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.

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