Thursday, March 24, 2011

T.A. update for the open, March 24, 2011.

  1. Yi: +8.2
  2. A possible bottom here for: $USD
  3. Extremely oversold: YUII and ZSL
  4. Standard oversold: CREE, DZZ, EGPT
  5. Moderately oversold: SKS
  6. Attempting to hold the 65 DMA in this area: $VIX and FSLR
  7. Now trying to hold falling trend line support: DZZ
  8. Up against the 65 day: $DJW, AAPL, AMAT, ASA, BLL, EGO, ELN, PGM, PRBLX, QLD, SEE, XLU
  9. Up against the 28 DMA in this area: ATI and CNK
  10. Up against falling trend line resistance: DELL, IYY, KFT, LEN, MED, NTES, PEP, SNDK
  11. Moderately overbought now: $CRB, $XAU, ABX, B, BA, CLF, DGP, FCX, GDX, GF, GG, GLD, LOW, NFLX, PTR, RAIL, RJI, RJZ, SLW, UGA, VZ, XOP
  12. Standard overbought: SLV and WSO
  13. A break out in either direction is on the way for: CHK and X
  14. Anything posted here may be off base.

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