Tuesday, June 29, 2010

T.A. update for the open, June 29, 2010.

  1. Yi: +1.86
  2. Now trying to bottom out: $DJX, A, CREE, CSCO, PEP
  3. Trying to hold some rising trendline support here: $DJW and SPWRA
  4. Attempting to hold the 65 DMA at this point: $DJW-weekly chart.
  5. Trying to hold falling trendline support: QCOM and WDC
  6. Now up against rising trendline resistance: EGO
  7. Up against horizontal trendline resistance: WSO
  8. Up against falling trendline resistance: $XAU
  9. Up against the 65 DMA here: $CRB, $WTIC, BA
  10. Moderately overbought: VOD
  11. Overbought now: ABX, SUN, UGP
  12. A break out in either direction is on the way for: NM
  13. Anything posted here may be off base.

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