Tuesday, August 10, 2010

Just before the close, August 10, 2010.

  1. Yi: +4.79 (Under normal conditions, the market would be in a topping phase here.)
  2. A possible bottom here for: $VIX
  3. Moderately oversold: CTB
  4. Trying to hold some rising trendline support: $DJW, $DJX, AA, DDM
  5. Trying to hold falling trendline support: AMAT
  6. Moderately overbought: ELN and ENER
  7. Overbought: $IIX and BMY
  8. Toppy here: $NYA50R-weekly
  9. Anything posted here may be off base.

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