T.A. update for the open, October 4, 2010.

1. Yi: +5.55
2. Now attempting to bottom out in this area: BAC
3. Standard oversold: UUP
4. Moderately oversold: CBK and LMT
5. Trying to hold some rising trendline support: $VIX, AVP, B, BMY, CAT, FSLR, HPQ, JOSB, MMC
6. Attempting to hold the 65 DMA here: MMC and TSLA
7. Attempting to hold the 28 DMA here: MBI
8. Up against rising trendline resistance: KO, NOK, SWK
9. Up against falling trendline resistance: BPOP
10. Up against the 65 DMA: CSCO and GMR
11. Moderately overbought now: $GASO, CNK, ENER, MEOH, NM, SU, SUN, UGA, XOP
12. Standard overbought: $XOI, A, CSIQ, FXI, HOGS, PGM
13. Extremely overbought now: $CRB, AEM, GF, UGP
14. Toppy here: A, CSIQ, LUFK, PBW, SCHB, SWK, TLB, TSL
15. A break out in either direction is on the way for: $HGX, GE, RAIL, TIE, USB, XLF
16. Anything posted here may be off base.