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.