T.A. update for the open, August 30, 2010.

1. Yi: +2.22
2. A possible bottom here for: WDC, WFR, WSO
3. Trying to bottom out in this area: BAC, CSIQ, FUQI, GMR, IBM, IP, MEOH, OCR, SCHG, STX, SYY, TOT, USB, XLF
4. Oversold: CSCO
5. Moderately oversold: X
6. Trying to hold some rising trendline support: PEG and PG
7. Attempting to hold the 65 DMA here: PEP
8. Trying to hold falling trendline support: HCBK and NOK
9. Up against rising trendline resistance: EGO and SSRI
10. Up against falling trendline resistance: $DJW, $HGX, $XOI, AA, ARM, DELL, EXP, FSLR, IYY, KBE, LPL, NST, OGE, PAYX, PBW, SU, URE
11. Up against the 65 day: $PLAT and PGM
12. Moderately overbought now: GDX, GG, NEM, SLV
13. Overbought: ABX and HOGS
14. A break out in either direction is on the way for: QCOM
15. Anything posted here may be off base.