Wednesday, December 1, 2010

T.A. update for the open, December 1, 2010.

  1. Yi: +7.2
  2. Trying to bottom out: BAC
  3. Now moderately oversold: $PLAT, CHK, CSIQ
  4. Trying to hold some rising trendline support: $BDI-weekly, the $DJW-weekly, ENER
  5. Attempting to hold the 65 DMA here: $DJX and CBZ
  6. Trying to hold falling trendline resistance: CSIQ
  7. Up against rising trendline resistance: CAKE
  8. Moderately overbought now: $GASO, $VIX, $WTIC, ABX, AEM, ASA
  9. Overbought: AGQ
  10. Extremely overbought: DM
  11. Anything posted here may be off base.

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