T.A. update for the open, December 16, 2010.

1. Yi: +9.7
2. Trying to bottom out here: TIE
3. Standard oversold: WATG
4. Moderately oversold: DELL, EEFT, FXI, HPQ, NFLX, RBS, TSL, TSLA, URE
5. Now trying to hold some rising trendline support: BBT, BPZ, CBZ, FUQI, MSCC, PTEN, SPWRA, USD
6. Attempting to hold the 65 DMA here: JCP, LPL, PTR, SUN, V
7. Attempting to hold the 28 day: STX
8. Trying to hold falling trendline support: $BDI and CSIQ
9. Up against some falling trendline resistance now: JOSB
10. Up against the 65 DMA here: BMY and GIS
11. Moderately overbought now: $Gold-weekly chart, BMY, CHK, KFT, PG, T
12. Standard overbought: DDM, MSFT, PRBLX-weekly, SNA, VZ
13. Extremely overbought: CAT
14. Toppy here: B, DDM, DVY, ROK, WSO
15. A possible top here for: BGS
16. Going parabolic now: X
17. A break out in either direction is on the way for: KGC, PHI, QCOM
18. Anything posted here may be off base.