- Yi: +10
- Attempting to bottom out: NTES
- Extremely oversold: FAZ
- Moderately oversold: ABX, AEM, AKAM
- Now attempting to hold some rising trendline support: $XAU, ACAS, F, LMT
- Attempting to hold the 65 DMA here: DPS, JCP, SKS, TSLA
- Now up against the 28 day: NOK and PHI
- Up against some falling trendline resistance: ABX
- Moderately overbought: $PLAT, $USD, AVAV, BAC, BPZ, GF, GLW, IP, OCR, PGM, RAIL, SU, XLU
- Standard overbought: $GASO, $SPX, $WTIC, FCX, RJA, RJI, SWK, UGA, WFC, XLF
- Extremely overbought: AMAT
- Toppy here: $HGX, ACAS, AMAT
- A possible top here for: AA and MED
- A probable top here for: $HGX, $OEX, A
- A break out in either direction is on the way for: CREE and EGO
Wednesday, December 29, 2010
T.A. update for the open, December 29, 2010.
Tuesday, December 21, 2010
T.A. update for late in the day, December 21, 2010.
- Yi: +10
- A possible bottom here for: AMSC and GMR
- Now trying to bottom out in this area: JASO
- Moderately oversold: BA
- Attempting to hold the 65 DMA here: $GOLD, AEM, ASA, AXP, GF, GG
- Up against rising trendline resistance: $DJW-weekly, $SPX, A, BAC, IWM, IYY
- Up against some falling trendline resistance: CSIQ, DGP, EWI
- Standard overbought now: $OEX, AA, CHK, COGO
- Extremely overbought: $HGX, A, CLF
- Going parabolic: ARM and CLF
- A break out in either direction is on the way for: $NYA50R and AGQ
- Anything posted here may be off base.
Friday, December 17, 2010
T.A. update for the open, December 17, 2010.
- Yi: +10
- Now attempting to bottom out in this area: BA and WFR
- Extremely oversold: GMR
- Standard oversold: NTES and V
- Moderately oversold now: ACH, NEM, WFR
- Trying to hold some rising trendline support: AGQ, ASA, CLF, ELY, IP, SHI, SSRI, URE
- Attempting to hold the 65 DMA here: ASA, CBZ, CNK, DGP, GLD, SCHE
- Attempting to hold the 28 day: $IIX and SLW
- Up against some falling trendline resistance: HPQ
- Up against the 65 DMA here: PEG and UGP
- Moderately overbought: COGO
- Standard overbought: MKC, SEE, WHR
- Extremely overbought: SNA
- A bit toppy here: BMY, CAT, GIS, MSFT, SEE
- A possible top here for: VZ
- A probable top here for: CSL
- A break out in either direction is on the way for: SLV
- Anything posted here may be off base.
Thursday, December 16, 2010
T.A. update for the open, December 16, 2010.
- Yi: +9.7
- Trying to bottom out here: TIE
- Standard oversold: WATG
- Moderately oversold: DELL, EEFT, FXI, HPQ, NFLX, RBS, TSL, TSLA, URE
- Now trying to hold some rising trendline support: BBT, BPZ, CBZ, FUQI, MSCC, PTEN, SPWRA, USD
- Attempting to hold the 65 DMA here: JCP, LPL, PTR, SUN, V
- Attempting to hold the 28 day: STX
- Trying to hold falling trendline support: $BDI and CSIQ
- Up against some falling trendline resistance now: JOSB
- Up against the 65 DMA here: BMY and GIS
- Moderately overbought now: $Gold-weekly chart, BMY, CHK, KFT, PG, T
- Standard overbought: DDM, MSFT, PRBLX-weekly, SNA, VZ
- Extremely overbought: CAT
- Toppy here: B, DDM, DVY, ROK, WSO
- A possible top here for: BGS
- Going parabolic now: X
- A break out in either direction is on the way for: KGC, PHI, QCOM
- Anything posted here may be off base.
Wednesday, December 15, 2010
Late day update, December 15, 2010.
- Yi: +10 and topping out.
- Moderately oversold now: AMSC
- Trying to hold some rising trendline support here: ACAS, AEM, BAC, CAKE
- Attempting to hold the 28 DMA: $USD
- Up against rising trendline resistance: AQA.TO
- Up against falling trendline resistance: CBK
- Moderately overbought: COGO
- Standard overbought: DDM
- Extremely overbought: CAT
- Toppy: DDM
- A possible top here for: BLL
- A probable top here for: $HGX, $OEX, $SPX, $VIX, $XOI, A
- A break out in either direction is on the way for: AVP
- Anything posted here may be off base.
Tuesday, December 14, 2010
T.A. update for the open, December 14, 2010.
- WARNING, WARNING, WARNING!!! The SPX is "officially" overbought now!
- Yi: +10 again!
- A probable bottom here for the: $VIX
- Trying to bottom out in this area: FRO
- Extremely oversold: FAZ
- Standard oversold: SDTH, TIE, TLB
- Moderately oversold: YUII
- Now trying to hold some rising trendline support: USD
- Attempting to hold the 65 DMA here: UUP and YUII
- Attempting to hold the 28 DMA here: OGE
- Trying to hold falling trendline support: HOGS
- Up against rising trendline resistance: SEE
- Up against the 28 DMA here: VOD
- Up against falling trendline resistance: PTR
- Up against the 65 DMA here: XLU
- Moderately overbought: GOOG, MOT, PEP, SCHF, SEED, SPWRA, TOT, USB, VZ
- Standard overbought now: $OEX, $SPX, A, CLF, DVY, FCX, PRBLX, QCOM, RGLD, SSO, UYG, V, VFC, WFC, WOR, XLF
- Extremely overbought: LUFK, WSO, X
- Toppy here: ACAS, GE, SCHA, SCHB, SCHG, SEED, TKR, UYG, WDC, WFC, WOR, XLF
- A possible top here for: $IIX, AMAT, ARM, AXP, B, CREE, CSL, IYY, MMC
- A break out in either direction is on the way for: SHLD and SYY
- Anything posted here may be off base.
Monday, December 13, 2010
T.A. update for the open, December 13, 2010.
- Yi: +10!!!
- Moderately oversold now: HOGS
- Attempting to hold the 65 DMA here: $PLAT and GF
- Up against the 28 DMA here: EWI and PG
- Up against some falling trendline resistance: NAT and NM
- Up against the 65 day: FSLR, KFT, NAT
- Moderately overbought: BAC, BBT, ENER, MOT, PBW, SLE
- Standard overbought: CSL, GE, KBE, MMC, SCHB
- Extremely overbought: CREE, IWM, PLL, ROK
- A bit toppy here: BAC, BBT, CBZ, HCBK, IP, KBE, MMC, QCOM, SLE
- A possible top here for the $CRB index, CAKE, IRF, PBY, RAIL
- A break out in either direction is on the way for: F and IBM
- Anything posted here may be off base.
Friday, December 10, 2010
Yi for today's open: +9.75
- Yi: 9.75
- Moderately oversold now: BA
- Trying to hold some rising trendline support: $GOLD
- Trying to hold the 28 DMA here: $GOLD
- Up against some falling trendline resistance: BAC and CHK
- Standard overbought: AMAT, BBT, COST
- A break out is on the way for: AMSC
- Anything posted here may be off base.
Thursday, December 9, 2010
T.A. update for the open, December 9, 2010.
- Yi: +9.54
- Trying to bottom out in this area: $VIX
- Now moderately oversold: NTES
- Trying to hold some rising trendline support: AGQ, DGP, DPS, GG, HOGS, LPL, SHLD, SLV, SLW
- Attempting to hold the 65 DMA now: $PLAT, HOGS, PGM
- Attempting to hold the 28 day: ASA, GLD, NFLX, SUN
- Up against falling trendline resistance: DZZ
- Up against the 65 DMA here: KFT
- Moderately overbought: LEN, MTH, PX, QLD, QQQQ, RGLD, RJA, RJI, SEE, SEED, SLE, SSO, STX, SU, SUN
- Overbought: AVAV, IYY, MKC, MSFT, PAYX, PBY, PTEN, RAIL, ROK, SCHA, SWK
- Toppy here: $DJX, $IIX, A, BGS, CAKE, CHK, MSCC, PAYX
- A possible top in this area for: $HGX, GPC, LOW, LUFK
- A break out in either direction is on the way for: HPQ, JCP, SKS
- Anything posted here may be off base.
Wednesday, December 8, 2010
T.A. update for the open, December 8, 2010.
- Yi: +9.34
- Standard oversold at this point: $VIX and FAZ
- Moderately oversold: GIS
- Now trying to hold some rising trendline support: BPZ
- Attempting to hold the 65 DMA here: $USD and HPQ
- Up against rising trendline resistance: $GOLD-weekly
- Up against the 28 day: GF and GOOG
- Up against falling trendline resistance: BAC and COGO
- Up against the 65 day: $HGX-weekly, ACH, EEFT, FUQI
- Moderately overbought now: $GASO-weekly, $IIX, AMAT, CBZ, CHK, FCX, GE, GLW, IFN, IP
- Standard overbought: AA, AXP, B, CSL, CTB, DM, ELY, GPC, HIT, IWM
- Extremely overbought: CAKE
- Toppy here: $CRB, $GOLD, $OEX, $SPX, $WTIC, $XAU, $XOI, AA, AAPL, AEM, AGQ, ARM, AXP, B, CAT, CSL, CTB, FCX, GE, GPC, IDA, IWM
- A possible top here for: ABX
- Anything posted here may be off base.
Tuesday, December 7, 2010
T.A. update for December 7, 2010.
- Yi: +9.3
- Up against rising trendline resistance: $GOLD-weekly.
- Moderately overbought: $NYA50R
- Overbought: $CRB
- Anything posted here may be off base.
Monday, December 6, 2010
T.A. update for December 6, 2010.
- Yi: +9.4
- Oversold: $VIX
- Moderately overbought: $DJW and $SPX
- Overbought: $GASO and $XAU
- A bit toppy here: $GASO, $HGX, $OEX, $SPX, A
- Anything posted here may be off base.
Friday, December 3, 2010
T.A. update for late in the trading day, December 3, 2010.
- Yi: +9.2 (This indicates we are now much closer to a top than a bottom! :)
- Trying to bottom out: $BDI and FUQI
- Moderately oversold: CSIQ and FAZ
- Up against the 28 DMA here: AVP
- Up against falling trendline resistance: CBK and EGO
- Up against the 65 day: BA
- Moderately overbought now: $DJX, $GASO, $GOLD, $HGX, $OEX, $SPX, $USD, $XOI, A, AA, ACAS, AMAT, AXP, B, BPZ, C, CTB, DDM, DVY, EWJ, EXP, FCX
- Standard overbought: $XAU, ABX, AEM, AGQ, BLL, CAT, CLF, COST
- Toppy here: ABX and COST
- Anything posted here may be off base.
Thursday, December 2, 2010
Wednesday, December 1, 2010
T.A. update for the open, December 1, 2010.
- Yi: +7.2
- Trying to bottom out: BAC
- Now moderately oversold: $PLAT, CHK, CSIQ
- Trying to hold some rising trendline support: $BDI-weekly, the $DJW-weekly, ENER
- Attempting to hold the 65 DMA here: $DJX and CBZ
- Trying to hold falling trendline resistance: CSIQ
- Up against rising trendline resistance: CAKE
- Moderately overbought now: $GASO, $VIX, $WTIC, ABX, AEM, ASA
- Overbought: AGQ
- Extremely overbought: DM
- Anything posted here may be off base.
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