T.A. update for the open, December 29, 2011.

1. Yi: +2.8
2. Extremely oversold: DGP
3. Oversold: EGO and EGPT
4. Moderately oversold now: CNK, DELL, FAZ
5. Now trying to hold some rising trendline support: BA
6. Attempting to hold the 65 DMA here: CAT
7. Trying to hold some falling trendline support: $DJGSP, $GOLD, $SILVER, $XAU, AEM, ASA, FCX
8. Moderately overbought now: $DJX, $NYA50R, DDM, DPS, DZZ, EEFT
9. Overbought: DUST, DVY, EXP
10. Toppy here: $IIX, $WTIC, $XOI, AAPL
11. A break out in either direction is on the way for: FXI
12. Anything posted here may be off base, and there may be some more signals later.