TA Signals and Opinions for the open of May 7, 2012.

1. Yi: +9.8, +9.3, +8.3
2. Now trying to bottom out: AU, EWI, FCX, GDX, GG, NUGT
3. Extremely oversold: $XAU, ABX, DM, NFLX, NUGT
4. Average oversold: $DJGSP, $SILVER, AGQ, CHK, CLF, DM, DELL, EWJ, F, IFN, IRF
5. Moderately oversold: $GASO, $WTIC, DGP, EGO, ELN, ELY, FXI, GIS, GM, GOOG, IDA, IP, IWM, JCP, MBI, NAT
6. Trying to hold some rising trendline support: $GOLD, EEFT, GE, GLD, MOS
7. Attempting to hold the 65 DMA here: BLL, DDM, JPM, KBE
8. Attempting to hold the 28 day: DVY and EGPT
9. Trying to hold falling trendline support: $PLAT and GPC
10. Up against the 65 DMA here: A and FAZ
11. Up against some falling trendline resistance: AVP
12. Moderately overbought: CREE
13. Average overbought: CNK
14. Toppy here: $HGX, ANF, AXP, CNK, EEFT, EXP
15. A possible top here for: $DJW
16. Anything posted here may be off base, and there may be some more signals later.