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.

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