Monday, March 7, 2011

T.A. update for March 7, 2011.

  1. Yi: +9
  2. Trying to bottom out here: DZZ, MED, MMI, QID, UUP
  3. Standard oversold: $USD and DM
  4. Moderately oversold: MBI and MMI
  5. Trying to hold some rising trendline support here: BBT, CNK, PRBLX-weekly, PRBLX
  6. Attempting to hold the 65 DMA here: JCP and TSL
  7. Trying to hold falling trendline support: PBW, PG, QCLN
  8. Up against the 28 DMA here: $IIX, PEP, SUN
  9. Up against some falling trendline resistance: $BDI, $BDI-weekly, ATI, ELN
  10. Up against the 65 DMA here: AXP, NAT, RAIL
  11. Moderately overbought now: $NYA50R, $PLAT, AQA.TO, DVY, GF, GPC, HIT, IRF, IWM, IYY, PTR, SCHC
  12. Standard overbought: CLF
  13. Toppy here: NTES, OCR, PTEN, SWK, XOP
  14. A possible top here for: EXP and SU
  15. A probable top in this area for: $CRB, RJI, UGA
  16. A break out in either direction is on the way for: BAC, CSL, FAZ
  17. Anything posted here may be off base.

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