Tuesday, August 17, 2010

T.A. update for the open, August 17, 2010.

  1. Yi: +2.3
  2. A possible bottom here for: DM
  3. Trying to bottom out in this area: $OEX, $SPX, $WTIC, $XOI, AA, AXP, CAKE, CHK, EEFT, GLW, LEN, LMT, MSCC
  4. Moderately oversold now: $DJX and GLW
  5. Trying to hold rising trendline support: ELN
  6. Attempting to hold the 65 DMA here: $IIX
  7. Up against rising trendline resistance: SHI
  8. Up against falling trendline resistance: ACH, AEM, AVAV
  9. Up against the 65 day: $BDI and RGLD
  10. Moderately overbought: ABX, GLD, PHI
  11. Anything posted here may be off base.

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