T.A. update for the open, December 8, 2010.

1. Yi: +9.34
2. Standard oversold at this point: $VIX and FAZ
3. Moderately oversold: GIS
4. Now trying to hold some rising trendline support: BPZ
5. Attempting to hold the 65 DMA here: $USD and HPQ
6. Up against rising trendline resistance: $GOLD-weekly
7. Up against the 28 day: GF and GOOG
8. Up against falling trendline resistance: BAC and COGO
9. Up against the 65 day: $HGX-weekly, ACH, EEFT, FUQI
10. Moderately overbought now: $GASO-weekly, $IIX, AMAT, CBZ, CHK, FCX, GE, GLW, IFN, IP
11. Standard overbought: AA, AXP, B, CSL, CTB, DM, ELY, GPC, HIT, IWM
12. Extremely overbought: CAKE
13. Toppy here: $CRB, $GOLD, $OEX, $SPX, $WTIC, $XAU, $XOI, AA, AAPL, AEM, AGQ, ARM, AXP, B, CAT, CSL, CTB, FCX, GE, GPC, IDA, IWM
14. A possible top here for: ABX
15. Anything posted here may be off base.