Wednesday, May 18, 2011

Late day update for May 18, 2011.

  1. Yi: +8.8, +8.4, +8.2
  2. A possible bottom here for: $XAU, AEM, AGQ, X
  3. Attempting to bottom out in this area: $HGX, $XOI, AAPL, ACH, AMAT, C, CHK, CSIQ, DM, EGO, EXP, LEN, SLV, SLW, SU
  4. Oversold now: AKAM, BAC, C, CSIQ, FCX, GTSO, HPQ, JASO, MBI, PBW, RAIL, SLW, TAN, TSL, WFR, YGE
  5. Moderately oversold: $GASO, $IIX, $NYA50R, $PLAT, $WTIC, AA, ARMH, CAT, CTB, DGP, EEFT, EWI, GE, GLW, HOGS, IRF, MMI, MSFT, PTEN, RJZ, SNDK, SUN, UGA, UYG, WSO, WY
  6. Now trying to hold some rising trendline support: $DJW-weekly, $GOLD, AA, EEFT, IDA, PHI, SHI
  7. Attempting to hold the 65 DMA here: $DJW, $DJX, $OEX, $SPX, ATI, GF, IYY, JCP, NCR, OCR, QLD, SCHB, SCHC, TSLA, VZ, WDC
  8. Attempting to hold the 28 day: DDM, EWJ, IP
  9. Trying to hold falling trendline support: AMSC
  10. Up against rising trendline resistance: AXP
  11. Up against the 28 DMA: DZZ
  12. Up against the 65 DMA: $USD, BBT, UUP
  13. Moderately overbought now: AVP and XLF
  14. Standard overbought: ELN and PG
  15. Toppy here: GIS
  16. A possible top here for: DPS
  17. A break out in either direction is on the way for: NOK
  18. Anything posted here may be off base.

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