T.A. update for the open, July 23, 2010.

1. Yi: +3.1
2. Trying to bottom out in this area: $PLAT and BAC
3. Extremely oversold: WDC
4. Oversold: WHR
5. Moderately oversold: WSO
6. Attempting to hold the 28 DMA here: $GOLD-weekly and ACF
7. Up against rising trendline resistance: CTB
8. Up against the 28 DMA here: B, PAYX, SUN, XOP
9. Up against falling trendline resistance: $USD, $XOI, ABX, AMAT, BGS, CNK, DELL, GDX, GIS, IRF, LEN, LMT, SPWRA
10. Up against the 65 day: $DJX, BA, CLF, COGO, DDM, GOOG, NM, UGA, URE, USD, WFR
11. Moderately overbought now: ACH, CREE, CSIQ, CTB, FCX, FRO, FXI, GF, HOGS, IFN, LDK, PTEN, QCOM, RJA, RJI, SU, TAN
12. Overbought: KO and NTES
13. A break out in either direction is on the way for: BPOP and EEFT
14. Anything posted here may be off base.