T.A. update for the open, August 16, 2010.

1. Yi: +2.3
2. Now trying to bottom out in this area: $GASO, $HGX, $PLAT, B, BPZ, C, CBK, CBZ, DELL, MFE, MTH, NOK, SKS, SSO, SSRI, WHR, XLF
3. Oversold: $GASO, TLB, USD, WHR
4. Moderately oversold: $HGX, $WTIC, AVAV, B, CSIQ, ELN, GE, NOK, PLL, PTR, ROK, SHLD, SKS, SSO, SU, UGA, URE, UYG, WATG, WFC, XLF
5. Now trying to hold some rising trendline support: FRO, IBM, SCHA, SWK, TSL, TSM, VFC, XOP
6. Attempting to hold the 65 DMA here: $DJW, $WTIC, FSLR, TSM, URE, WOR, X, YGE
7. Attempting to hold the 28 day: SUN, TSL
8. Trying to hold falling trendline support: WSO
9. Up against falling trendline resistance: $BDI, ASA, SLV
10. Up against the 65 day: WFR
11. Moderately overbought here: QID
12. A break out in either direction is on the way for: ABX, GG, NEM
13. Anything posted here may be off base.