TA for the open of August 5, 2011.

1. Yi: +1
2. A possible bottom here for: FRO
3. Now trying to bottom out: $BDI, $DJW, ATI, CNK, HCBK, LMT, LOW, PAYX, PEG, PG
4. Extremely oversold: $DJW, $DJX, $HGX, $NYA50R, $OEX, $SPX, $XOI, A, AA, AMAT, ATI, BAC, CSIQ, CSL, CTB, EWI, F, GLW, QCLN, RAIL, ROK, SEED, SHI, SWK, TAN, TSL, UYG, WFR, WSO, X, YGE
5. Oversold: $WTIC, ACAS, ACH, AEM, AVP, AXP, BA, C, CAT, CLF, CNK, DDM, DVY, EWA, EXP, FCX, FSLR, FXI, GE, GF, GG, GM, HPQ, IRF, IWM, JCP, KBE, LEN, MBI, NAT, PBW, PBY, PTEN, PTR, QLD, SCHB, SCHC. SCHE, SCHH, SCHM, SEE, SKS, SNDK, SPWRA, STX, SU, SUN, TSLA, WDC, WOR, WY, XLF, XOP
6. Moderately oversold: $DJGSP and $GASO, $PLAT, $XAU, ARMH, ASA, B, BBT, BLL, ELN, ELY, EWJ, GIS, GPC, HIT, IDA, IFN, IP, IYY, NCR, NFLX, NTES, PGM, PRBLX, RJI, SLE, UGA, USB, VZ, WFC, XLU
7. Trying to hold some rising trendline support: $SILVER
8. Attempting to hold the 65 DMA here: ABX, EEFT, GDX, MSFT, V, VFC
9. Attempting to hold the 28 day: AGQ and TLB
10. Standard overbought: QID
11. Extremely overbought now: FAZ
12. A probable top here for: $GOLD and DGP