Friday, September 24, 2010

T.A. update for the open, September 24, 2010.

  1. Yi: +5.25, +4.9, +4.45
  2. Trying to bottom out in this area: CREE and DPS
  3. Standard oversold now: $USD, CBZ, KBE
  4. Moderately oversold: $BDI, EXP, IDA, IP, NAT
  5. Trying to hold rising trendline support: MBI
  6. Attempting to hold the 65 DMA here: $BDI, ELY, HCBK, MMC, MSFT
  7. Up against rising trendline resistance: GIS
  8. Up against falling trendline resistance: NTES
  9. Up against the 65 DMA here: DM
  10. Moderately overbought now: AA, ACH, AMSC, ARM
  11. Standard overbought: ABX and IBM
  12. Extremely overbought: AAPL, COST, GLD
  13. A bit toppy here: KGC
  14. A possible top here for: $DJW, ASA, DDM
  15. A probable top here for: $DJX and $XAU
  16. A break out in either direction is on the way for: BPZ and CNK
  17. Anything posted here may be off base.

2 comments:

DebuDG said...

Hi Yogi: Do you also monitor DGP, DZZ, AGQ and ZSL? Silver is looking particularly overbought to me and ripe for a correction.

Yogi Zuna said...

Hi Debu, These trading vehicles are in the "parabolic phase" now, which of course cannot be sustained... DZZ interests me now, so I will add that one to the list!
Thank you for your comment, and I hope you are doing OK these days.