TA for the open of January 23, 2012.

1. Yi: +6, +5.9
2. Trying to bottom out now: PEG
3. Standard oversold: $BDI-weekly, FAZ, ZSL
4. Moderately oversold: ABX, GDX, GOOG, NUGT
5. Attempting to hold the 65 DMA here: XLU
6. Attempting to hold the 28 DMA here: $USD and B
7. Up against the 65 DMA here: AGQ, DGP, SHLD, SKS
8. Up against falling trendline resistance: CREE and DGP
9. Moderately overbought now: $IIX, AVP, CREE, CTB, EWJ, HIT, HPQ, IRF, NCR, NTES, SCHH, SLE, SLV, TLB
10. Standard overbought: $DJX, $NYA50R, $OEX, $SPX, DDM, HOGS, IWM, JPM, MSFT, PAYX, QLD, QQQ, ROK, SCHB, SCHM
11. Toppy here: $GASO, $HGX, $OEX, $SPX, A, AMAT, ATI, AVP, BBT, CAKE, CSCO, DDM, GM, HOGS, IWM, NFLX, PAYX, PHI, QLD, QQQ, ROK, SCHB, SCHM, STX, WDC, WY
12. A possible top here for: IP and IYY
13. A break out in either direction is on the way for: COST and VFC
14. Anything posted here may be off base, and there may be more signals later.