T.A. update for the open, September 7, 2010.

1. Yi: +3.78
2. Now trying to hold rising trendline support: GIS, HOGS, PHI
3. Up against rising trendline resistance: MMC
4. Up against some falling trendline resistance here: DELL, GOOG, MEOH, PTR
5. Now up against the 65 DMA: $BDI-weekly, C, CHK, EXP, GE, IBM, IP, KBE, LEN, LPL, MSCC, PAYX, PG, SDTH, SEE
6. Moderately overbought here: $CRB, $HGX, $NYA50R, $OEX, A, ARM, AVAV, BLL, CAKE, CAT, CBK, CNK, CTB, DDM, DPS, DVY, EEFT, GF, IDA, IFN, NWL, PBY, PLL, PTEN, QLD, QQQQ
7. Standard overbought: $IIX
8. A bit toppy here: COST, EWA, FCX, FSLR, FXI, IFN, JASO, KFT, KGC, LDK, MBI, MTH, PTEN, RJZ, ROK
9. A possible top here for: CLF
10. Anything posted here may be off base.