Monday, August 9, 2010

T.A. update for the open, August 9, 2010.

  1. Yi: +4.52
  2. A possible bottom here for: CSL
  3. Trying to bottom out here: GIS, LEN, PAYX, TLB
  4. Oversold: CBZ
  5. Moderately oversold: DM, RAIL, USB
  6. Now trying to hold some rising trendline support: $DJX, $OEX, $SPX, AVP, GLW, LUFK, MSCC, PLL, SU, SWK
  7. Attempting to hold the 65 DMA here: $PLAT and XLF
  8. Attempting to hold the 28 day: AXP
  9. Up against rising trendline resistance: PHI
  10. Up against some falling trendline resistance here: A
  11. Up against the 65 DMA: $GOLD, GDX, GLD, NEM
  12. Moderately overbought now: $XAU, ABX, AEM, COGO, CSIQ, EGO, GDX, GLD, KFT, NAT, RGLD, SEED, SLW
  13. Toppy here: $XOI, BMY, CNK, SLW
  14. A break out in either direction is on the way for: BBT, EXP, F, GE, PBW
  15. Anything posted here may be off base.

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