T.A. update for the open, July 9, 2010.

1. Yi: +1.69
2. Now trying to bottom out in this area: BPZ and ELY
3. Moderately oversold here: $VIX, GG, QID, TOT
4. Attempting to hold some rising trendline support: GG
5. Attempting to hold the 65 DMA here: EGO
6. Up against the 28 DMA: ACF, FCX, GE, ROK, SSO, UYG, WFC, XLF
7. Up against falling trendline resistance: $DJX, $NYA50R, AVP, BBT, CREE, CSCO, IFN, IRF, NEM, PBW, PBY, RJI, ROK, SHLD, WY
8. Up against the 65 DMA here: PEP, PG, PHI, RBS, SPWRA, SU, TAN, TOT, TSL
9. Moderately overbought now: BMY, EWI, JASO, NST, OGE, PEG, PEP, SPWRA, TAN, TSL, VOD, XLU, YGE
10. Toppy here: PEG and TSM
11. A break out in either direction is on the way for: SHI
12. Anything posted here may be off base.