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

1. Yi: +1.98
2. A possible bottom here for: BBT, BPZ, EEFT, FUQI, GE, HCBK, NOK
3. Trying to bottom out in this area: $SPX, $XOI, ACF, COST, CSIQ, DVY, GOOG, IYY, PAYX, PG, QLD, QQQQ, SCHG, TAN, USD, WFR
4. Extremely oversold: FUQI and GE
5. Oversold: AVAV, CAKE, CNK, DELL, F
6. Moderately oversold: $DJX, $IIX, $OEX, $SPX, $XOI, A, AA, ACAS, ACH, AMAT, AMSC, B, EWA, GLW, GPC, KO, PHI, RBS, SPWRA, URE, USD
7. Now trying to hold some rising trendline support: OCR and TOT
8. Attempting to hold the 65 DMA here: IBM and LUFK
9. Attempting to hold the 28 day: EWI and T
10. Now up against rising trendline resistance: NEM and SUN
11. Now up against the 28 day: FCX
12. Up against falling trendline resistance: DM, EEFT, ELN, ENER, JASO, PGM, SLV
13. Now up against the 65 day: UGA
14. Moderately overbought: GG and QID
15. Overbought: GDX and SLW
16. Toppy here: $GOLD-weekly chart.
17. Anything posted here may be off base.