Wednesday, March 16, 2011

T.A. update for the open, March 16, 2011.

  1. Yi: +7.3
  2. A possible bottom here for: AKAM
  3. Extremely oversold: HOGS
  4. Standard oversold now: GOOG, HIT, MMI
  5. Trying to bottom out in this area: AEM, AQA.TO, FRO
  6. Moderately oversold: $DJX, $IIX, $OEX, $SPX, AMAT, C, EGPT, ELN, EWA, FXI, GF, GPC, IP, IRF, IWM, IYY, MBI
  7. Now attempting to hold some rising trendline support: CSL and EWI
  8. Attempting to hold the 65 DMA here: $CRB, A, BA, CBZ, DGP, GLW
  9. Attempting to hold the 28 day: $GOLD, CNK, GLD
  10. Trying to hold some falling trendline support: DM and HCBK
  11. Up against some falling trendline resistance: FCX
  12. Moderately overbought now: $BDI, FAZ, FSLR
  13. Anything posted here may be off base.

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