T.A. update for the open, October 6, 2010.

1. Yi: +6.3
2. Trying to bottom out in this area: CBK and CBK
3. Moderately oversold: CTB, FRO, TLB, X
4. Trying to hold some rising trendline support: CLF, GMR, JASO, SPWRA, TAN, TSL
5. Attempting to hold the 65 DMA here: $HGX, AMAT, WFC
6. Attempting to hold the 28 day: BMY
7. Up against rising trendline resistance: GOOG, SNA, VOD
8. Up against falling trendline resistance: LMT and MSFT
9. Up against the 65 DMA here: IP and PG
10. Moderately overbought: KBE, RAIL, RBS, SHI, SNA, URE, WFR, WSO, XLU
11. Overbought: IFN, IWM, JOSB, KGC, KO, LUFK, MEOH, NWL, PEP, PRBLX, PX, RJI, SCHA, SSO, SU, SUN, VFC
12. Extremely overbought: FXI, IBM, JCP, MSCC, PHI, PTR, RJZ, UGP
13. Going parabolic: GLD and SLV
14. A break out in either direction is on the way for: WY
15. Anything posted here may be off base.