TA for the open of July 5, 2011.

1. Yi: +5.05, +5.8, +6.25, +7, +7.9
2. Now trying to bottom out: $VIX
3. Moderately oversold: $VIX
4. Attempting to hold the 65 DMA here: FAZ
5. Up against the 28 day: AKAM and AVP
6. Now up against some falling trendline resistance: $HGX, $WTIC, ELY, GLW
7. Up against the 65 DMA here: AA, EWA, EWI, EXP, FXI, IFN, IP
8. Up against the 90 day: BA
9. Moderately overbought: $DJX, $NYA50R, $OEX, $SPX, $XOI, A, AAPL, ACAS, B, BBT, BLL, C, CAT, CLF, CNK, CSL, DVY, EWJ, FCX, GF, GPC, HIT. IDA
10. Overbought: AXP, BMY, CAKE, DDM, DELL
11. Toppy here: CSL and DDM
12. Anything posted here may be off base.