T.A. Opinions for May 29, 2012.

1. Yi: +6.35, +6.2
2. A possible bottom here for: IFN, NOK, PBW, PHI, PTR, QCLN, SEE, SHI, UGA, X, XOP
3. Now trying to bottom out: $NYA50R-weekly, $PLAT, ANF, GF, PG, PGM, RJA, SCHC, SCHE
4. Extremely oversold: $CRB, $WTIC, DELL, PHI
5. Moderately oversold: CREE
6. Attempting to hold the 65 DMA here: DUST and PEG
7. Attempting to hold the 28 day: PRBLX-weekly
8. Up against the 28 day: CHK, CTB, SLW
9. Up against the 65 day: $HGX, AAPL, AU, MMC, SLE
10. Up against some falling trendline resistance: $HGX, A, AAPL, EEFT, EGPT, F, LOW, RJI, SNDK, XLF
11. Moderately overbought now: $DJGSP, AEM, AU, CAKE, CSL, LEN, ONXX
12. Average overbought: $USD
13. Toppy here: ONXX and UUP
14. Anything posted here may be off base and there may be more signals before the market closes.