Tuesday, May 31, 2011

Late day update for May 31, 2011.

Yi: +8.1, +8.4


Trying to bottom out: $VIX


Up against the 28 DMA here: A


Up against some falling trendline resistance: ARMH


Up against the 65 day: $XAU, $XOI, AEM, AVAV


Moderately overbought now: $XAU


Anything posted here may be off base.

TA for the open of May 31, 2011.

  1. Yi: +8.4
  2. Moderately overbought: $BDI
  3. Anything posted here may be off base. More later.

Friday, May 27, 2011

TA for the open of May 27, 2011.

  1. YI: +7.8, +8.1
  2. A possible bottom here for: CSCO
  3. Now trying to bottom out: AMAT, F, FRO, FSLR, FUQI, HCBK, NOK, TAN, WDC, WFR, WSO, YGE
  4. Standard oversold: YUII
  5. Moderately oversold now: LMT and VZ
  6. Attempting to hold the 65 DMA here: GPC and NCR
  7. Attempting to hold the 28 DMA here: PG
  8. Up against the 28 DMA here: AEM and SLW
  9. Up against some falling trendline resistance: $DJW, AAPL, CSIQ, EEFT, EWI, IDA, NTES, SCHB, UYG
  10. Up against the 65 DMA here: $PLAT, GG, MMI, PTR, SLV, UGA
  11. Moderately overbought now: CAKE, MMC, TSLA
  12. Standard overbought: MED and NFLX
  13. Toppy here: NFLX
  14. Anything posted here may be off base.

Wednesday, May 25, 2011

Late day update for May 25, 2011.

  1. Yi: +7.6
  2. Now trying to bottom out: $DJW, $OEX, ACAS, ACH, BAC, C, CAT, CSIQ, DM
  3. Standard oversold: $NYA50R
  4. Moderately oversold now: $IIX, $SPX, CTB, ELY, EWA, F
  5. Attempting to hold the 65 DMA: $DJX and BA
  6. Attempting to hold the 28 day: BLL
  7. Up against the 28 day: CHK
  8. Up against some falling trendline resistance: EWJ
  9. Moderately overbought now: $USD and FAZ
  10. Toppy here: CNK
  11. Anything posted here may be off base.

Tuesday, May 24, 2011

TA for the open of May 24, 2011.

  1. Yi: +7.8
  2. Now attempting to bottom out: AMSC, EEFT, EWJ, FCX, GLW, HPQ, NOK
  3. Extremely oversold: BAC
  4. Standard oversold: AMAT, EEFT, EWI, RAIL
  5. Moderately oversold: $DJW, BBT, CSCO, IWM, QLD
  6. Now trying to hold some rising trendline support: $NYA50R-weekly, A, AVAV
  7. Attempting to hold the 65 DMA here: DDM, DELL, IYY
  8. Attempting to hold the 28 day: DVY
  9. Trying to hold falling trendline support: NTES
  10. Up against some falling trendline resistance: EXP
  11. Moderately overbought now: $GOLD, GLD, NFLX
  12. Toppy here: CNK
  13. Anything posted here may be off base.

Monday, May 23, 2011

TA for the open of May 23, 2011.

  1. Yi: +8.8, +9, +8.6
  2. A possible bottom here for: $BDI
  3. Now trying to bottom out: ATI, MBI, TSL
  4. Standard oversold: DM, TLB, YUII
  5. Moderately oversold: ATI, EWI, EWJ, JCP, LOW, NOK, PTR, SKS, WSO
  6. Attempting to hold some rising trendline support: AXP and BLL
  7. Attempting to hold the 65 DMA here: DDM, PBY, PTEN, VFC
  8. Trying to hold falling trendline support: CLF, KBE, PBW, SCHB, SCHC
  9. Up against the 28 day moving average: $IIX, $OEX, MMI
  10. Up against some falling trendline resistance: $DJX, $SPX, ACAS, ACH
  11. Up against the 65 DMA here: AVAV
  12. Moderately overbought: DGP, GLD, SLE
  13. Toppy here: CNK, KFT, PEG, PEP, PG, XLU
  14. A break out in either direction is on the way for: BGS, STX, ZSL
  15. Anything posted here may be off base.

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.

Tuesday, May 10, 2011

Late day update for May 10, 2011.

  1. Yi: +9.3
  2. Attempting to bottom out: $CRB, $HGX, AEM
  3. Up against the 28 DMA here: $USD
  4. Up against the 65 day: AGQ
  5. Anything posted here may be off base.

Monday, May 9, 2011

T.A. update for May 9, 2011.

  1. Yi: +9
  2. Trying to bottom out in this area: ABX, ASA, BPZ, CHK, CREE, CSIQ, FCX, FRO, GDX, RAIL, RJA, RJZ, ROK, SU, X
  3. Standard oversold: WFC and X
    Moderately oversold: $CRB, $NYA50R, $PLAT, $WTIC, AU, LOW, SKS, SLW, SU, TAN, USB
  4. Trying to hold some rising trendline support here: CBZ and GE
  5. Attempting to hold the 65 DMA: $GASO, BGS, EWI, JCP, MMC, SCHE
  6. Attempting to hold the 28 day: $GOLD, NCR, PAYX
  7. Up against some falling trendline resistance: NTES and WSO
  8. Up against the 65 DMA here: SWK
  9. Standard overbought: DELL
  10. Toppy here: KFT
  11. A break out in either direction is on the way for: F and SNDK
  12. Anything posted here may be off base.

Friday, May 6, 2011

Late day update for May 6, 2011.

  1. Yi: +8.75
  2. Trying to bottom out in this area: ACH, AGQ, AQA.TO, ASA, CLF, CSIQ, FCX, FSLR, IFN, JASO, MBI, PBW, PTR, SLV
  3. Standard oversold: $XAU and SLV
  4. Moderately oversold: DGP, GLW, NOK, PBW, PGM, PTR, RAIL, RJA, RJI, RJZ, ROK
  5. Now trying to hold some rising trendline support: $DJW, $GOLD, CTB, SCHM
  6. Attempting to hold the 65 DMA here: $IIX, AA, GG, NCR, NFLX, PTEN
  7. Attempting to hold the 28 day: GLD, JCP, MMC
  8. Up against some falling trendline resistance: LEN and SHI
  9. Up against the 65 DMA here: $VIX, DM, MED
  10. Moderately overbought now: DELL
  11. Standard overbought: CNK
  12. Toppy here: PG
  13. A break out in either direction is on the way for: AAPL
  14. Anything posted here may be off base.

Thursday, May 5, 2011

Late day update for May 5, 2011.

  1. Yi: +9.55, +9.3
  2. A possible bottom here for: AKAM
  3. Trying to bottom out now: AMSC and AQA.TO
  4. Standard oversold: ABX, AEM, AGQ, BPZ, CLF, FRO, FSLR
  5. Moderately oversold: $XOI, ACH, ASA, CHK, EGO, EXP, FCX, GDX, IFN
  6. Trying to hold some rising trendline support: ACAS and ARMH
  7. Attempting to hold the 65 DMA here: CBZ, EWA, F, FXI, IWM
  8. Up against rising trendline resistance: CAKE
  9. Up against falling trendline resistance: FAZ
  10. Up against the 65 DMA here: DM and FUQI
  11. Toppy here: $DJW-weekly, $GOLD-weekly, AXP, GIS
  12. A break out in either direction is on the way for: AAPL, C, HCBK
  13. Anything posted here may be off base.

Tuesday, May 3, 2011

Midday update for May 3, 2011.

  1. Yi: +9.75
  2. Attempting to bottom out in this area: AKAM
  3. Standard Oversold: AQA.TO
  4. Moderately Oversold: ABX, CLF, HPQ, IFN, IRF
  5. Attempting to hold the 28 DMA here: AGQ
  6. Up against some falling trendline resistance: BBT and DM
  7. Moderately Overbought now: CNK, EWJ, GPC, HIT, HOGS
  8. Standard Overbought: SCHH, $PLAT, IP
  9. Extremely overbought: $GOLD-weekly
  10. Toppy here: $GASO, $NYA50R, CNK
  11. A possible top here for: $DJW, $XOI, ARMH, BA, CAT, CSL, DDM, DVY, EWI, GF, SCHM, IYY
  12. A probable top here for: $GOLD
  13. Anything posted here may be off base.

Monday, May 2, 2011

Late Day Update for May 2, 2011.

  1. Yi: +10 So now we have two days in a row with a +10 reading, meaning the market is overbought here and due for some type of correction.
  2. A possible bottom here for: $USD and $VIX
  3. Up against rising trend line resistance: $DJW-weekly
  4. Standard overbought: $XOI and BA
  5. Extremely overbought: AXP
  6. Toppy here: $DJW, B, BA
  7. A possible top here for: $DJX, $OEX, $SPX
  8. A probable top here for: ATI
  9. Anything posted here may be off base.