Friday, December 3, 2010

T.A. update for late in the trading day, December 3, 2010.

  1. Yi: +9.2 (This indicates we are now much closer to a top than a bottom! :)
  2. Trying to bottom out: $BDI and FUQI
  3. Moderately oversold: CSIQ and FAZ
  4. Up against the 28 DMA here: AVP
  5. Up against falling trendline resistance: CBK and EGO
  6. Up against the 65 day: BA
  7. 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
  8. Standard overbought: $XAU, ABX, AEM, AGQ, BLL, CAT, CLF, COST
  9. Toppy here: ABX and COST
  10. Anything posted here may be off base.

No comments: