T.A. Opinions for May 22, 2012.

1. Yi: +5.9
2. Trying to bottom out: $DJW, $GASO, $NYA50R, $OEX, $WTIC, SEE, SHI, SU, UYG
3. Extremely oversold: SHI and SNDK
4. Average oversold: SEE and SU
5. Moderately oversold: $DJW-weekly, $IIX, UYG
6. Now trying to hold some rising trendline support: $VIX
7. Up against the 28 DMA here: RJA
8. Up against some falling trendline resistance: $DJGSP, $XAU, SCHB, SCHC, SWK
9. Anything posted here may be off base, and there may be more opinions later.