Wednesday, June 30, 2010

T.A. update for the open, June 30, 2010.

  1. Yi: +0.2
  2. Probable bottom here for: NOK
  3. Trying to bottom out here: OCR, PGM, PLL
  4. Oversold: IWM, JOSB, LMT, NM, NWL, PTEN, QCOM, QLD, QQQQ, ROK, SCHB, SHLD, SKS, SPWRA, SSO, SWK, V, VFC, WFC, WFR, WHR, X
  5. Moderately oversold now: B, CTB, HOGS, IBM, KFT, KGC, LUFK, MSCC, PGM, RJI, SU, TSM, WATG
  6. Now trying to hold some rising trendline support: ASA, AVP, EWA, GF, LPL, MEOH, NTES, SLW, URE, WSO
  7. Attempting to hold the 65 DMA here: AAPL, PEG, PRBLX-weekly chart, SLV, TIE
  8. Attempting to hold the 28 day: GLD and OGE
  9. Now trying to hold falling trendline support: CAKE, CBK, COGO, ELY, GLW, JOSB, LEN, PEP, RGLD
  10. Up against rising trendline resistance: WOR
  11. Moderately overbought here: QID
  12. Anything posted here may be off base.

Tuesday, June 29, 2010

T.A. update for the open, June 29, 2010.

  1. Yi: +1.86
  2. Now trying to bottom out: $DJX, A, CREE, CSCO, PEP
  3. Trying to hold some rising trendline support here: $DJW and SPWRA
  4. Attempting to hold the 65 DMA at this point: $DJW-weekly chart.
  5. Trying to hold falling trendline support: QCOM and WDC
  6. Now up against rising trendline resistance: EGO
  7. Up against horizontal trendline resistance: WSO
  8. Up against falling trendline resistance: $XAU
  9. Up against the 65 DMA here: $CRB, $WTIC, BA
  10. Moderately overbought: VOD
  11. Overbought now: ABX, SUN, UGP
  12. A break out in either direction is on the way for: NM
  13. Anything posted here may be off base.

Monday, June 28, 2010

T.A. update for the open, June 28, 2010.

  1. Yi: +1.98
  2. A possible bottom here for: BBT, BPZ, EEFT, FUQI, GE, HCBK, NOK
  3. Trying to bottom out in this area: $SPX, $XOI, ACF, COST, CSIQ, DVY, GOOG, IYY, PAYX, PG, QLD, QQQQ, SCHG, TAN, USD, WFR
  4. Extremely oversold: FUQI and GE
  5. Oversold: AVAV, CAKE, CNK, DELL, F
  6. Moderately oversold: $DJX, $IIX, $OEX, $SPX, $XOI, A, AA, ACAS, ACH, AMAT, AMSC, B, EWA, GLW, GPC, KO, PHI, RBS, SPWRA, URE, USD
  7. Now trying to hold some rising trendline support: OCR and TOT
  8. Attempting to hold the 65 DMA here: IBM and LUFK
  9. Attempting to hold the 28 day: EWI and T
  10. Now up against rising trendline resistance: NEM and SUN
  11. Now up against the 28 day: FCX
  12. Up against falling trendline resistance: DM, EEFT, ELN, ENER, JASO, PGM, SLV
  13. Now up against the 65 day: UGA
  14. Moderately overbought: GG and QID
  15. Overbought: GDX and SLW
  16. Toppy here: $GOLD-weekly chart.
  17. Anything posted here may be off base.

Friday, June 25, 2010

T.A. update for the open, June 25, 2010.

  1. Yi: +1.80
  2. A possible bottom here for: $BDI
  3. Now trying to bottom out in this area: $GASO, $IIX, $OEX, $SPX, $XOI, A, BAC, CBK, CNK, COGO, DDM, EEFT, ELN, ENER, FUQI, GE, GMR, IRF, IWM, JASO, LDK, LMT, MBI, MEOH, MFE, NM, PBW, PBY, PHI, PTEN, RAIL, ROK, SCHA, SCHG, SDTH, SKS, SSO, STX, TLB, UYG, VFC
  4. Oversold: ACF, BBT, EEFT, ELN, ENER, PAYX, SDTH, STX, WDC, WFC
  5. Moderately oversold: $BDI-weekly, $IIX, $OEX, $SPX, $XOI, A, AVP, C, CBZ, CHK, CLF, COGO, COST, CREE, CSL, DDM, DVY, EWI, EWJ, FRO, FSLR, GE, GMR, GOOG, IDA, IRF, IYY, KBE, LDK, LPL, MBI, MEOH, MFE, NWL, OCR, PBW, PEP, PLL, PTEN, QLD, QQQQ, RAIL, ROK, SCHA, SCHG, SKS, SSO, TAN, TOT, USB, UYG, WATG, WFC, WFR, WHR, XLF, XLU, XOP
  6. Trying to hold some rising trendline support: ACH, COST, LUFK
  7. Attempting to hold the 65 day: CTB, HOGS, MKC
  8. Attempting to hold the 28 DMA here: AVP, CHK, PGM, RBS
  9. Now up against falling trendline resistance: $VIX
  10. Anything posted here may be off base.

Thursday, June 24, 2010

T.A. update for the open, June 24, 2010.

  1. Yi: +2.67
  2. Now trying to bottom out: $BDI and $HGX
  3. Oversold: $HGX and SWK
  4. Moderately oversold: AVAV, BAC, EXP, FCX, GMR, PHI, RAIL, RGLD, URE, USD
  5. Trying to hold some rising trendline support: $GASO, $WTIC, $XAU, AEM, ASA, C, FUQI, PTR
  6. Attempting to hold the 28 DMA here: $DJX, $IIX, UGA
  7. Trying to hold falling trendline support: STX and WY
  8. Up against falling trendline resistance: LEN
  9. Up against the 65 day: RBS
  10. Moderately overbought here: SHI
  11. Anything posted here may be off base.

Wednesday, June 23, 2010

T.A. update for the open, June 23, 2010.

  1. YI: +2.85
  2. Trying to bottom out here: BBT, MTH, TLB, WDC
  3. Extremely oversold: SHLD and WY
  4. Oversold: $BDI, CBK, LEN, MTH, PBY, TLB
  5. Moderately oversold: CAKE, CNK, CREE, IWM, JASO, JOSB, LMT, NM, PG, SEED, SKS, TKR, VFC, WDC, WOR, WSO
  6. Trying to hold some rising trendline support: EGO, GDX, GE, HCBK, PEP, SSRI, SYY, TIE, V, XLU
  7. Attempting to hold the 65 day: DM and NTES
  8. Attempting to hold the 28 DMA here: $IIX, $OEX, A, DDM, GLD, OGE, SU, XOP
  9. Now trying to hold falling trendline support: LOW
  10. Moderately overbought: $PLAT and UGB
  11. Toppy: $GOLD-weekly chart and CTB
  12. Anything posted here may be off base.

Tuesday, June 22, 2010

T.A. update for the open, June 22, 2010.

  1. Yi: +3.49
  2. Now trying to bottom out: $VIX and LEN
  3. Up against the 28 day: GE, MBI, PRBLX-weekly
  4. Up against the 65 DMA here: $DJX, $GASO, A, BA, DDM, GF, HCBK, IWM, LPL, QLD, RJA, SPWRA, V
  5. Moderately overbought now: $DJX, $WTIC, $XOI, GF, IFN, KO, MOT, PTR, SHI, TAN, WHR
  6. Now trying to hold some rising trendline support: MKC
  7. Attempting to hold the 28 DMA here: FUQI
  8. Overbought: $GOLD-weekly chart and LUFK
  9. Toppy here: $NYA50R, $XAU, AAPL, AVP, GPC, IDA
  10. A break out in either direction is on the way for: MFE
  11. Anything posted here may be off base.

Monday, June 21, 2010

T.A. update for the open, June 21, 2010.

  1. Yi: +3.73
  2. Now trying to bottom out: ACF and ELY
  3. Moderately oversold: $USD and GMR
  4. Up against falling trendline resistance: PEP
  5. Up against the 65 DMA: $GASO, AXP, KO, OGE
  6. Moderately overbought now: IBM, KFT, KGC, NST, QLD, SPWRA
  7. Overbought: AEM, GDX, GIS, GLD, MKC, NEM, RGLD, SLW
  8. Toppy here: GLD, IBM, NST
  9. A break out in either direction is on the way for: PG
  10. Anything posted here may be off base.

Friday, June 18, 2010

T.A. update for the open, June 18, 2010.

  1. Yi: +3.65
  2. Trying to bottom out here: QID
  3. Extremely oversold: ELY
  4. Oversold: LOW
  5. Now trying to hold some rising trendline support: F
  6. Attempting to hold the 65 DMA here: JOSB
  7. Trying to hold falling trendline support: NOK
  8. Up against rising trendline resistance: $GOLD-weekly chart.
  9. Up against falling trendline resistance: GOOG
  10. Up against the 65 DMA here: $WTIC, AXP, MMC, PEP, QQQQ, RJA, TOT, UGA
  11. Now overbought: AAPL
  12. Moderately overbought now: $OEX, A, AMAT, ASA, DM, FSLR, IWM, NST, PEP, QQQQ, SSO, USD
  13. Toppy here: BMY, CAT, DDM, PEG, SU, SUN
  14. Anything posted here may be off base.

Thursday, June 17, 2010

T.A. update for the open, June 17, 2010.

  1. Yi: +3.5
  2. Now moderately oversold: $VIX and QID
  3. Attempting to hold the 65 DMA here: $VIX
  4. Up against rising trendline resistance: AAPL
  5. Up against the 28 day: $OEX, EWJ, PAYX, PGM, XLF
  6. Up against falling trendline resistance: $HGX, $XOI, ARM, BBT, CSIQ, CSL, DELL, ENER, FUQI, IYY, LEN, MBI, MSCC, NST, PAYX, SHI, SPWRA, UGP, UYG, WOR
  7. Up against the 65 DMA here: $CRB, $IIX, COST, CREE, FSLR, IFN, KFT, KGC, LMT, MEOH, MMC, PLL, SKA, T, TKR, VFC
  8. Moderately overbought now: $CRB, $DJW, $DJX, $GASO, $IIX, $NYA50R, $SPX, ACAS, AVP, EWA, GLW, HOGS, IDA, JOSB, LUFK, MEOH, NAT, TOT, TSL, URE, VFC, VOD, XLU, XOP
  9. Overbought: PEG, RGLD, SUN, TIE
  10. Toppy here: BA, FRO, TIE
  11. Anything posted here may be off base.

Wednesday, June 16, 2010

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

  1. Yi: +3.51
  2. Now trying to hold some rising trendline support: ABX
  3. Attempting to hold the 65 DMA here: $BDI-weekly
  4. Now up against the 28 day: B, CNK, DM, FCX
  5. Up against falling trendline resistance: CBZ, DM, EWA, F
  6. Now up against the 65 day: AMAT, AVAV, AXP, CAT, DVY, EXP, FXI, GLW, GPC
  7. Moderately overbought now: $WTIC, AMSC, ARM, BA, CAT, CHK, CLF, COST, CSL, CTB, DDM, EWI, FRO, FXI, GPC
  8. Toppy here: GIS
  9. More later. Anything posted here may be off base.

Tuesday, June 15, 2010

Monday, June 14, 2010

T.A. update for the open, June 14, 2010.

  1. Yi: +2.43
  2. A probable bottom here for: ENER
  3. A possible bottom here for: SHLD
  4. Moderately oversold now: $BDI
  5. Attempting to hold the 65 DMA here: PRBLX-weekly
  6. Attempting to hold the 28 day: $GOLD and GLD
  7. Trying to hold falling trendline support: ELN
  8. Up against the 28 DMA here: $IIX, FUQI, GF, TSL, WHR
  9. Now up against some falling trendline resistance: $DJX, $OEX, AXP, C, CLF, CREE, DVY, GE, HOGS, IWM, IYY, KO, LEN, LOW, MBI, PBW, RBS, V, WDC, WY
  10. Now up against the 65 day: MOT, SEED, SSRI, T, UGP, URE, V, VOD
  11. Moderately overbought now: FXI, MKC, PLL, RGLD, SYY
  12. Toppy here: GIS
  13. A break out in either direction is on the way for: GG
  14. Anything posted here may be off base.

Friday, June 11, 2010

T.A. update for the open, June 9, 2010.

  1. Yi: +2.18
  2. Now trying to bottom out: BPOP, COGO, ELY, ENER
  3. Attempting to hold the 65 DMA here: $BDI and the $DJW-weekly.
  4. Now up against some falling trendline resistance: $NYA50R, $OEX, $PLAT, $SPX, $XOI, B, CAT, DELL
  5. Up against the 65 DMA here: ACAS
  6. Up against the 28 day: AXP, EWI, GF
  7. Moderately overbought now: AVP
  8. A break out in either direction is on the way for: AVAV
  9. Anything posted here may be way off base.

Thursday, June 10, 2010

T.A. update for the open, June 10, 2010.

  1. Yi: +0.6
  2. A possible bottom here for: JASO
  3. Trying to bottom out here: CSIQ, LDK, MSCC, OCR
  4. Moderately oversold here: AMSC
  5. Now trying to hold some rising trendline support: $VIX
  6. Trying to hold falling trendline support: EXP
  7. Up against the 28 DMA here: AVP
  8. Up against falling trendline resistance: AA, CAKE, CNK, DDM, KBE
  9. Moderately overbought: BGS and BMY
  10. More later. Anything posted here may be off base.

Wednesday, June 9, 2010

T.A. update for the open, June 9, 2010.

  1. Yi: +0.92 (And so far, the zero line is holding, which would be at least a short term positive for the market.)
  2. A possible bottom here for: AXP, CAT, GE, HOGS
  3. Trying to bottom out in this area: $OEX, $PLAT, $XOI, AA, ACH, B, BA, BBT, BPZ, CBK, CREE, DM, FSLR, FUQI, GMR, IDA, IRF, IWM, IYY, KBE, LEN, LMT, LOW, MEOH, MMC, MOT, MTH
  4. Average oversold: $SPX, $XOI, CBK, ELN, ELY, MBI, MTH
  5. Moderately oversold now: $GASO, $IIX, COGO, IBM
  6. Attempting to hold the 65 DMA here: AAPL
  7. Now trying to hold falling trendline support: $DJX, A, ACAS
  8. Up against the 28 DMA here: AEM and ASA
  9. Up against falling trendline resistance: $XAU and CLF
  10. Moderately overbought: EGO, GDX, GG, GIS
  11. Toppy here: $GOLD and GLD
  12. A possible top here for: $USD
  13. Anything posted here may be off base.

Tuesday, June 8, 2010

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

  1. Yi: +0.32 (We are very close to the zero line now, which sometimes acts as an area of support for the market, and if not, then we may have to see the -4 or -5 area.)
  2. Probable bottom here for: NOK
  3. Trying to bottom out here: $CRB, $DJW, $HGX, $IIX, $NYA50R, $SPX, A, ACF, AXP, DDM, EWA, EWI, FCX, GPC, PGM, RJI, RJZ, TSM
  4. Extremely oversold: ACH, BPZ, X
  5. Normal oversold: $HGX, $OEX, $PLAT, A, ACF, AXP, BA, BAC, CAT, CLF, DDM, FCX, FUQI, KBE, LMT, MSCC, MTH, QLD, ROK, SSO, TKR, UYG, WATG, WFR, WOR, WY, XLF
  6. Moderately oversold: $WTIC, CSL, CTB, DM, F, PEP, PGM, QQQQ, UGP, WSO
  7. Now trying to hold some rising trendline support: AMAT, AMSC, COST, KFT
  8. Trying to hold falling trendline support: AA, B, BA
  9. Now up against the 65 DMA: AEM and ASA
  10. Moderately overbought: $VIX and BMY
  11. Overbought: GLD
  12. Extremely overbought: $USD
  13. Anything posted here may be off base.

Monday, June 7, 2010

T.A. update for the open, June 7, 2010.

  1. Yi: +1
  2. Average oversold: ACH, RJI, RJZ
  3. Moderately oversold in this area: A, ACF, BBT, CAT, CBK, CLF, COST, DVY, EWA, EXP, FXI, GPC, IDA, IWM, LOW, OGE, PEP, PG, SHI, SSRI, T
  4. Now trying to hold some rising trendline support: $IIX and URE
  5. Attempting to hold the 65 DMA here: BGS and SLW
  6. Attempting to hold the 28 DMA here: $GOLD, AAPL, ABX, GLD
  7. Now trying to hold falling trendline support: EWI
  8. Now up against the 28 day: CBZ
  9. Up against falling trendline resistance: $WTIC
  10. Moderately overbought now: CHK
  11. Anything posted here may be off base.

Friday, June 4, 2010

T.A. update for the open, June 3, 2010.

  1. Yi: +2.61
  2. A possible bottom here for: EEFT
  3. Now trying to bottom out: AVP and EWJ
  4. Attempting to hold the 65 DMA here: QID and TLB
  5. Up against the 28 DMA here: $IIX, GF, GOOG
  6. Now up against some falling trendline resistance: $NYA50R, $OEX, CAT, CSL, DELL, EWJ, GLW, IWM, KO, OGE, PLL, QLD, QQQQ, RAIL, SUN, SWK
  7. Up against the 65 day: IBM and SU
  8. Moderately overbought: FRO, GIS, LUFK, MKC, TIE
  9. Toppy here: FRO
  10. A possible top here for: AAPL
  11. Anything posted here may be off base.

Thursday, June 3, 2010

T.A. update for June 3, 2010.

  1. Yi: +2.37
  2. A possible bottom here for: CSCO
  3. Now trying to bottom out: $CRB, CNK, DELL
  4. Extremely oversold: CSIQ
  5. Attempting to hold the 65 DMA here: DM
  6. Up against falling trendline resistance: AA and DDM
  7. Up against the 65 DMA here: AEM and ASA
  8. Moderately overbought: ARM
  9. Toppy here: $GOLD and AAPL
  10. Anything posted here may be off base.

Wednesday, June 2, 2010

T.A. update for the open, June 2, 2010.

  1. Yi: +0.95
  2. Oversold: STX
  3. Attempting to hold the 65 DMA here: RGLD
  4. Now trying to hold falling trendline support: RJA
  5. Now up against some falling trendline resistance: GOOG, PBY, PHI, PTR, SYY
  6. Up against the 65 DMA here: LOW, MBI, PTEN, SEED
  7. Moderately overbought now: AAPL, ABX, BGS, NEM
  8. Anything posted here may be off base.

Tuesday, June 1, 2010

T.A. update for June 1, 2010.

  1. Yi: +1.88
  2. Now trying to hold some rising trendline support: $VIX
  3. Up against falling trendline resistance: A and CAKE
  4. Up against the 28 day: CHK and FUQI
  5. Up against the 65 DMA here: B
  6. Anything posted here may be off base.