Monday, June 7, 2010

T.A. update for the open, June 7, 2010.

  1. Yi: +1
  2. Average oversold: ACH, RJI, RJZ
  3. Moderately oversold in this area: A, ACF, BBT, CAT, CBK, CLF, COST, DVY, EWA, EXP, FXI, GPC, IDA, IWM, LOW, OGE, PEP, PG, SHI, SSRI, T
  4. Now trying to hold some rising trendline support: $IIX and URE
  5. Attempting to hold the 65 DMA here: BGS and SLW
  6. Attempting to hold the 28 DMA here: $GOLD, AAPL, ABX, GLD
  7. Now trying to hold falling trendline support: EWI
  8. Now up against the 28 day: CBZ
  9. Up against falling trendline resistance: $WTIC
  10. Moderately overbought now: CHK
  11. Anything posted here may be off base.

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