Thursday, August 19, 2010

T.A. update for the open, August 19, 2010.

  1. Yi: +3.04
  2. Standard oversold: B and UGA
  3. Now trying to hold rising trendline support: PEP, PHI, VOD
  4. Attempting to hold the 28 DMA here: $USD
  5. Up against some falling trendline resistance: $HGX, AMSC, CAKE, CSL, JOSB, LOW
  6. Up against the 65 day: $BDI, $PLAT, A, AA, ACAS, AVAV, ENER, MTH, PEG, PG, PGM, SDTH
  7. Moderately overbought now: $XAU, GDX, GG, MKC, NEM, RGLD, SLE, SLW, SSRI, X
  8. Standard overbought: AEM, EGO, UGP
  9. Toppy here: CLF, IFN, PX, SHI, SLW, T
  10. A break out in either direction is on the way for: C, CNK, DPS, MBI
  11. Anything posted here may be off base.

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