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.

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